Leo

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Fischer resigns as Fed vice chair, in new opening for Trump

Federal Reserve Vice Chairman Stanley Fischer Wednesday submitted his resignation from the central bank, in a surprise move that gives President Donald Trump the chance to nominate more than half the Fed’s board whenever he chooses.<p>Fischer, whose departure is effective Oct. 13, cited “personal …

Arab states seek to step up pressure on Qatar over 2013 accord

DUBAI (Reuters) - Four Arab states sought on Monday to pile pressure on Qatar over charges it backs terrorism, saying the publication of a previously secret accord between Riyadh and Doha showed Qatar broke a promise not to meddle in the affairs of Gulf countries.<p>FILE PHOTO: An aerial view of …

Gravitational Waves Will Show The Quantum Nature Of Reality

One of the oldest predictions of Einstein’s general theory of relativity — the gravitational theory that spacetime is a fabric that gets bent and curved by the presence of matter and energy — is that masses that accelerate in the Universe produce ripples in the fabric of space itself: gravitational …

Gravitational Waves

Satoru Iwata changed the whole games industry and now leaves it in mourning

The Nintendo president, who has died from cancer at the age of 55, brought in a ‘blue ocean’ strategy that would lead to the industry’s most successful consoles<p>On my business card, I am a corporate president. In my mind, I am a game developer. But in my heart, I am a gamer.<p>– Satoru Iwata, speaking …

Gaming Industry

Evernote Is Planning for A World Where Wearables Rule

LAS VEGAS — When Evernote launched Evernote Market and its line of retail products in September, CEO Phil Libin had no idea what to expect.<p>Evernote, …

Bringing Chat To Snapchat Helps Boost Platform's Perception

As Snapchat expands its chat and video features in an ever-competitive mobile app market, smartphone users in the US and UK have been responding well to the platform. The addition of text messaging and video calls has coincided with an uptick in Buzz for the brand on both sides of the …

Nadella's Bid To Fix Microsoft: What Ballmer Didn't Dare

When Satya Nadella settled into the U.S. at age 20, he had a problem. The Indian emigre wanted a master’s in computer science as fast as possible, so he could dash into America’s booming tech sector. But cash was tight and his undergraduate preparation, back in Mangalore, was patchy. In 1988 …