behnaz Setayesh

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China arrests 21 in suspected $7.6 billion Ponzi scheme

A Ponzi scheme is basically a pyramid scheme in which an investment operation pays returns using money from new investors. To attract investment, the returns are normally unusually high.<p>The Xinhua newspaper, the mouthpiece for the Chinese government, reported that the fintech company was suspected …

Zappos' multimillionaire CEO explains why he lives in a trailer park with his two pet llamas

He's truly led by example, and that's one of the reasons why he lives in a 240-square-foot trailer with a couple of alpacas despite having a net worth of "at least $780 million," according to Wealth-X.<p>When Amazon bought Zappos for $1.2 billion in 2009, Hsieh made Amazon CEO Jeff Bezos explicitly …

The History Of Kimono Design In 15 Beautiful Images

The new book Kimono: The Art And Evolution Of Japanese Fashion takes us on a visual tour through centuries of design tradition.<p>The design of the kimono itself–the T-shape, the straight-seams, the wrap-around style–has changed very little over the centuries. The design of kimono patterns, however, …

Snowden files reveal US and UK spied on feeds from Israeli drones and jets

A joint UK-US intelligence programme has been spying on electronic feeds – including video – from Israel’s military drones and jet fighters going back to 1998.<p>In a potentially embarrassing disclosure for Israel, which prides itself on its technical capabilities, a new release from material held by …

Surveillance

The falling dollar is sending Apple's prices soaring in Australia, and Tim Cook is taking note

Crunch time. Picture: Getty Images<p>Despite posting the highest quarterly profit in corporate history this week, Apple still disappointed analysts with its growth outlook.<p>CEO Tim Cook blamed a lot of this on the global economic outlook.<p>"Our results are particularly impressive, given the challenging …

Markets

Here’s Where Too Many Startups Go Wrong

<i>The Entrepreneur Insider network is an online community where the most thoughtful and influential people in America’s startup scene contribute</i> …

Leaked image of the new mini iPhone 5SE appears

Rumors about a smaller, four-inch "iPhone 5SE" have been swirling around for months. We might have just gotten the first hard evidence that Apple is really planning a new, mini iPhone.<p>Apple (AAPL) blog 9to5Mac published images of what appears to be the new iPhone 5SE to the right of an iPhone 5S. …

Mobile Technology

'It was a joke': Chris Christie defends 'mop' quip on storm response

Republican president candidate and New Jersey Gov. Chris Christie defended his answer to a student who asked him at a New Hampshire event Monday about his response to flooding in his home state, calling it a "joke."<p>The student said she had friends and family members "all over the state" sending her …

Spain's Princess Cristina is going on trial for tax fraud

The highly anticipated trial of the royal couple and 16 other accused will run until June at a court in Palma, on the Mediterranean island of Mallorca, where the Spanish royal family has a seaside holiday home.<p>Cristina, 50, will be the first direct member of the royal family facing criminal charges …

Corruption

CNN and Gawker Websites Suffer Outages

The websites of CNN and Gawker were briefly inaccessible for some users on Thursday following a hacker attack that crippled the BBC’s online …

China is taking aim at high-frequency traders

Computers are replacing humans. Mathematicians and programmers, once limited to fields such as science and information technology, are now the dominant force in finance.<p>High-frequency trading, or HFT as it is known in short, is now everywhere in markets.<p>Anyone who has recently conducted a trade - …

Movie ticket sales jump 48% in China, but Hollywood has reason to worry

Despite a slowing economy, China's box-office receipts jumped nearly 50% between 2014 and 2015 — the most sizzling pace of growth in the last five years.<p>But Hollywood isn't sharing equally in the bonanza: Revenue for imported films rose less than 24% this year, while homegrown Chinese movies saw …

Box Office

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Christmas Eve journeys hit by rail disruption across UK

Christmas Eve journeys have been hit by problems on rail and roads, with signalling problems, flooding on lines and a broken-down train causing particular delays for frustrated travellers.<p>The east coast mainline, which connects London and Edinburgh, experienced lengthy delays for most of the day, …

Trains

Anonymous claims responsibility for massive cyberattack on Turkey

Hacking group released video warning of continued assault if Erdogan government doesn't stop 'supporting Islamic State' - allegations which Ankara denies<p>The hacking group Anonymous has claimed responsibility for a massive cyberattack on Turkish internet servers over the past week, saying it will …

Vladimir Putin

Kim Dotcom's extradition to US cleared by New Zealand judge

Megaupload founder is wanted by American authorities on charges of copyright infringement, racketeering and money laundering<p>A New Zealand court has ruled that Kim Dotcom, the Megaupload founder, can be extradited to the United States to face charges of copyright infringement, racketeering and money …

Dot-com

Hall of Shame: The 9 Worst Marketing Fails by Retailers in 2015

By the time you see an ad from a retailer, restaurant, or consumer brand, it has been looked over and picked at by countless people at an ad agency …

Extremely Intimate Portraits of Polar Bears Swimming

Seattle-based photographer Paul Souders recently won the “Animals in Their Environment” category in the prestigious Wildlife Photographer of the Year competition for his incredible image of a polar bear submerged in water. We were pleased to discover that the wildlife photographer had plenty more …

Wildlife

Bodypainters Beautifully Blend Human Bodies into Nature

Using absolutely no Photoshop, bodypainters Leonie Gen and Joerg Duesterwald worked with photographers Laila Pregizer and Uwe Schmida in seamlessly integrating the human body into natural landscapes. Called <i>Metamorphosis</i>, the project blends naked models into everything from rock formations to curly …

Calendars

Solitary Superheroes Find Quiet Moments in Stunning Landscapes

French photographer Benoit Lapray believes that “a photograph has to tell us a story,” and he achieves just that in his series, entitled <i>The Quest for the Absolute</i>. The playful collection of portraits offers insight into the world of well-known superheroes, including Captain America, Spiderman, …

Photography

Luxury womenswear brand The Fold to expand overseas

The label, which has been sported by the Duchess of Cambridge and Samantha Cameron, has secured growth capital from Active Private Equity<p>The Fold, the upmarket women’s label worn by the Duchess of Cambridge and Samantha Cameron, has sold a minority stake to private equity, which will help to fuel …

Watch the stunning footage taken by photographers who climbed Rio’s 125-feet tall Christ the Redeemer Statue

Breathtaking film taken by Vadim Makhorov and Vitaliy Raskalov as they scaled the iconic Rio de Janeiro statue in May has been released<p>The Christ the Redeemer statue in Rio de Janeiro is one of world’s most famous landmarks and a fresh challenge for two Russian photographers, Vadim Makhorov, 26, …

Brazil

One airline is trying to solve airport confusion with robots

But for travelers going through the international Amsterdam Schipol Airport this season, finding the next gate may be a little less stressful thanks to a new robot guide.<p>On Monday, the airport begins testing Spencer, a cognitive robot developed by Sweden's Örebro University.<p>Spencer will pick up …

How to Dress Down (But Not Really)

Stars—they're just like us, but better, right? Embrace the leisurely setting the holiday weekend provides, but never take a casual dress code <i>too</i> seriously. Here, stars like Rihanna, Behati Prinsloo, and the Olsens show you how it's done.