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How does the new BMW i3 compare with our favorite EVs?

This morning, BMW finally pulled the wraps off of the 2014 BMW i3 electric car, laying clear the last details surrounding this car for the cities of the future.<p>The car arrives in the second quarter of 2014, so it will be a while before most of you will be able to take one for a spin. In the …

Welcome to China’s beautiful but empty “little Paris”

Chinese tourists may be flocking to Paris, but they are ignoring their own little piece of the City of Lights on the mainland.<p>A small development called Tianducheng on the outskirts of Hangzhou is known within the country as China’s “little Paris.” It is complete with tree-lined plazas, stalls for …

China

Tax havens offer US multinationals a fantastic deal, and so will tax reform

Attempts to reform the US corporate tax rate have been falling flat for many reasons, but chief among them is that multinationals enjoy such a good deal from tax havens: a 6.9% average tax rate on billions of overseas cash.<p>Eighty-two of the the one hundred largest US companies take advantage of tax …

Tax Havens

Why traffic jams are the sign of a healthy economy

Sitting in traffic may be frustrating, but to INRIX, a company that collects data on millions of miles of road around the world, it’s the sign of a healthy economy. And looking at INRIX’s data through the first half of 2013, American roads are indicating the US economy is improving, while European …

Traffic

E-Book Case Reminds Apple Its Biggest Enemy Isn't Samsung Or Google

The fight between Apple and the Department of Justice has been a story of overreaching. Rather than join publishers in settling with the government over accusations it conspired to fix the prices of e-books, Apple decided to fight in court. Of course, the company lost and as a result the government …

Apple to make year-end push for slice of dashboard

While Steve Jobs regretted not making an iCar, Apple for years was ambivalent about the auto industry. Now it's vying for dashboard space held by …

Newsweek sold to business news website less than a year after going digital

The <i>International Business Times</i> has announced that it will acquire <i>Newsweek</i>, marking an end to media mogul Barry Diller's internet news magazine experiment. The deal comes less than a year after <i>Newsweek</i> transitioned from its 80-year-old classic print format to an all-digital model; the final print …

Zynga Sues 'Bang With Friends' For Trademark Infringement

Social gaming company Zynga Inc. is suing the makers of casual sex app "Bang With Friends" for trademark infringement.<p>Zynga, the California-based company behind popular social games "Words With Friends," "Chess With Friends," "Matching With Friends" and "Farmville," is suing Bang With Friends Inc. …

The materials breakthrough that might lead to computers thousands of times faster

As the technology for making silicon circuitry smaller, faster and less power-thirsty approaches the limits of physics, scientists have tried out many materials in the search for an alternative to silicon. New research by a team at the US Department of Energy’s SLAC National Accelerator Laboratory …

Nanotech

YouTube opens up live streaming to anyone with 100 or more subscribers

YouTube is opening up its live streaming service to anyone with 100 or more subscribers, putting smaller, independent creators on the same footing as larger productions. The announcement comes less than three months after YouTube lowered the bar on live streaming to channels with 1,000 or more …

Move to mobiles and share rebound leaves Facebook sitting pretty

When Facebook was preparing to float in May 2012, former analyst Henry Blodget – now the high-energy editor of the Business Insider website – was unambiguous. The stock was, he said, "muppet bait" – so widely anticipated and hyped that there was no chance of beating the market by subscribing to the …