dan grubbs

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Foreign buyers of British homes up by 40pc

New analysis shows a surge in foreign buyers snapping up UK homes.<p>More than two million foreign investors own UK property for the first time, according to analysis of data from HM Revenue & Customs.<p>Research by accountancy UHY Hacker Young also showed there was a surge of around 110,000 new buyers …

Million-Year Data Storage Disk Unveiled

Magnetic hard discs can store data for little more than a decade. But nanotechnologists have now designed and built a disk that can store data for a …

How Google Builds Its Maps—and What It Means for the Future of Everything

An exclusive look inside Ground Truth, the secretive program to build the world's best accurate maps<p>Behind every Google Map, there is a much more complex map that's the key to your queries but hidden from your view. The deep map contains the logic of places: their no-left-turns and freeway …

Warren Buffett, age 44, explains the futility of playing the market

In 1975, shortly after joining the board of the Washington Post Company, Warren Buffett wrote a letter to the chairman and chief executive, Katherine Graham. He had some advice as to how the company should invest its pension accounts.<p>All 19 pages were recently published by Fortune, and are well …

Apple’s iPhone Supply Chain, Visualized: The Truth About Where iPhones Really Come From (Infographic)

- Aug 14, 2013<p>Ever wonder where iPhones come from? Not in the “duh, they come from the Apple Store, you idiot!” sense – but the underlying truth …

Want to follow the money? OpenCorporates uses open data to expose corporate structures

As any tax fairness campaigner will tell you, there is no better shield against scrutiny than a careful blend of complexity and obscurity. Public …

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China Announces Urgent Nationwide Audit To Find Out How Much Debt The Country Really Has

The order announced Sunday by the National Audit Office in a one-sentence statement gave no details or a timeline. But the ruling Communist Party's main newspaper, People's Daily, said the Cabinet sent an "urgent message" ordering the audit and told local audit officials to suspend work on other …

Warren Buffett Made $390 Million On Financial Weapons Of Mass Destruction

One detail from Berkshire's filings we're always interested in is the value of Buffett's long-term derivative bets on the global stock markets. In case you forgot, Berkshire had sold put options on the S&P 500, FTSE 100, Euro Stoxx 50, and the Nikkei 225.<p>Berkshire collected premiums when it sold …

What the Orgy of "Lehman Five Years On" Stories Missed

One of the reasons I haven’t weighed in with the obligatory Lehman five year anniversary piece is that so many of them are variations on a limited …