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The source of our happiness is closer than ever to being located, measured and commodified. Alex Renton meets the ‘psychoeconomists’ and asks, have they created a monster?<p>The happiest man in the world is a 67-year-old Buddhist monk called Matthieu Ricard. He starts his day sitting in a meadow in …

Meditation

Greece,Eurozone crisis,Alexis Tsipras,Business,Europe,European Union,European monetary union,Financial crisis,World news,Syriza,European Central Bank,Global economy<p>Few expect a solution soon to the economic dilemma facing Greece as hardliners defend ‘red lines’ while debt repayments loom and …

Europe

40 Under 40: What I would tell my 20-year-old self, 2014 edition

Hindsight, as they say, is always 20/20.<p>Each year when we select the new class of our 40 Under 40, we get them talking about their business, sure, …

Google's wireless service plans take shape in leaked app

What if your mobile contract could be condensed into an app-based subscription service like Spotify or Netflix — one that you could put on pause when you don't need it, switch between phones without swapping SIM cards, and pay for by the gigabyte of data used? Those are the broad strokes of …

Goodbye Carrot, And Goodbye Stick!

We are coming out of the age of mechanized work. We are evolving past the Industrial Age mindset that people can operate like machines, or that it would even be smart to want people to do that. People have a lot more to offer the world than computational power or the completion of rote tasks. We …

The Workplace

The Sharing Economy’s New Middlemen

The sharing economy is usually thought of as a way for some people to make extra cash by renting an asset they already own, such as their home or car. But today, the sharing economy is becoming professionalized – for some, it’s no longer a secondary source of income, but a primary job. As this …

Xiaomi's Hugo Barra: 'We don't spend pretty much any money buying advertising'

Speaking at Mobile World Congress in Barcelona, Xiaomi's vice president Hugo Barra explained some of the secrets to its success on the marketing front.<p>He said: "We have a brand that feels very different. It's kind of geeky, pretty geeky, it attracts the early adopters. It's also very fresh."<p>Its …

Why the hottest phone company in the world won't sell in the US

But the four-year-old company is not selling its phones in the US and other Western countries just yet.<p>Why?<p>According to Xiaomi VP Hugo Barra, who spoke at the Mobile World Congress on Tuesday, the US mobile market is very different from the emerging markets in which Xiaomi phones have been really …

10 things in tech you need to know today

<b>1. Twitter beat revenue estimations in its Q4 earnings report.</b> But it had 288 million monthly active users, short of the 295 million expected.<p><b>2. We talked to Twitter CEO Dick Costolo after the earnings report.</b> He says you need a thick skin to be CEO.<p><b>3. GoPro stock was down 15% after its Q4 earnings</b> …

The 10 most important things in the world right now

<b>1.</b> Blackbox data recorders show that an engine flameout caused a Taiwan plane to crash shortly after takeoff.<p><b>2.</b> An intelligence officer who was asked to give testimony in the mysterious murder of Argentine prosecutor Alberto Nisman has vanished.<p><b>3.</b> Greek finance minister Yanis Varoufakis told his …

Apple's China iPhone Coup Shows Angela Ahrendts Is Worth Every Penny

On Tuesday, Apple posted its highest quarterly profit in history: $18 billion, on a staggering $74.6 billion of revenue, much of it from holiday sales of iPhones and Mac laptops.<p>The Cupertino, Calif. tech giant reported that sales in China, Hong Kong and Taiwan were up 70% on the same period a year …

Tim Cook

Right Now, Apple Risks Missing Out On The Next Big Thing In Technology

The initial reactions to the HoloLens have been overwhelmingly positive.<p>Business Insider's Matt Rosoff got to try it for himself on Wednesday. He says he's "convinced personal computing is on the verge of a major change," predicting head-mounted displays like these will "be a huge leap over the …

Blizzard to hit New England hard; NYC expecting 18 to 24 inches

UPDATED: Jan. 26, 2015, 7:20 a.m. EST<p>A blizzard is on track to plaster areas from New Jersey to Maine with one to three feet or more of snow …

Weather

Obama abandons telephone data spying reform proposal: U.S. officials | Reuters

WASHINGTON (Reuters) - President Barack Obama’s administration has quietly abandoned a proposal it had been considering to put raw U.S. telephone call data collected by the National Security Agency under non-governmental control, several U.S. security officials said.<p>U.S. President Barack Obama …

The Millennial Customer Has $200 Billion To Spend (But Wants A New Style Of Customer Service)

Here’s the story you already know. Millions of soldiers, sailors and airmen return from World War II to the embrace of millions of riveting Rosies, apparently <i>very</i> riveting, judging by the fruitful output of these couples during the postwar decades: 2.4 children per couple, the biggest generation …

Customer Experience

Insight: Indian spy's role alleged in Sri Lankan president's election defeat

COLOMBO/NEW DELHI (Reuters) - Sri Lanka expelled the Colombo station chief of India’s spy agency in the run-up to this month’s presidential election, political and intelligence sources said, accusing him of helping the opposition oust President Mahinda Rajapaksa.<p>Sri Lanka's President Mahinda …

What does online shopping have to do with hyperinflation?

2014-12-24T14:27:27.000Z<p>By: Izabella Kaminska<p>As the WSJ reported on Tuesday, the Russian rouble’s collapse is taking a particularly heavy toll on …

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After A Bloodbath In Oil, What Next?

<i>Welcome back from Thanksgiving food coma. Apparently OPEC did nothing and oil prices plunged as a result. If you were as out of touch with it all as I was last week, here’s a rundown.</i><p>As we tucked into Turkey and football last Thursday, OPEC announced no output cut, no target price and no output …

China is finally getting deposit insurance - and that's bad news for the rich

China is poised to start offering nationwide deposit insurance, a long-awaited reform that promises to protect most of the country's bank accounts.<p>The proposed insurance scheme will guarantee deposits up to 500,000 yuan ($81,395), according to a draft report released by China's State Council. The …

Indian Entrepreneur Taps into a Global Offline Market

Some companies see value in spilling the beans. That is, sharing their secrets.<p>Earlier this year, Tesla announced that it would open up its blueprints, enabling innovators across the world to see the design behind their famous electric car.<p>Deepak Ravindran, a young entrepreneur, and founder of …

The Chinese Economy Is Facing A $6.8 Trillion Nightmare That Could Get Worse

<b>Six-point-eight trillion dollars.</b><p>That's according to a report from China's National Development and Reform Commission and the Academy of Macroeconomic Research, written up here in the Financial Times. The report says that amount has been "ineffective investment."<p>For sure, $6.8 trillion is a …

A most baffling resignation: Why did United Technologies’ stalwart CEO step down?

It was one of the most baffling C-suite resignations in recent memory. At 7 a.m. on Monday, November 24, United Technologies announced that Louis …

The Only Way To Save Samsung's Dying Mobile Business

• <b>Samsung's smartphone shipments were down 8.2% on a year-over-year basis last quarter, according to IDC.</b> It was the only top-5 smartphone shipment that saw a contraction in smartphone shipments.• <b><br>The decline in phone shipments hit Samsung's bottom line.</b> Its profits were down 60% last quarter. That was …

Apple, Microsoft And Google Are World's Most Valuable Brands

A strong brand name is an incredibly valuable asset. Consumer companies in particular devote huge chunks of time and resources to solidify and expand their brands. “A valuable brand delivers a return for the company on two dimensions,” says David Reibstein, professor of marketing at the University …

Alibaba Preps E-Commerce Site for Worldwide Shoppers and Advertisers

Alibaba Group Holding Ltd. is certainly on a roll. The Chinese e-commerce heavyweight that floated a $22 billion IPO on the New York Stock Exchange …

American Eagle Stopped Airbrushing Lingerie Models And Sales Are Soaring

Since January, ads for the company's Aerie line have featured models without airbrushing.<p>"We left beauty marks, we left tattoos — what you see is really what you get with our campaign," brand representative Jenny Altman told Good Morning America earlier this year.<p>Sales of Aerie lingerie soared 9% …

Facebook is now available on Tor for more secure browsing

After enabling secure HTTPS browsing by default for all users in August last year, Facebook has taken another step to allow for secure browsing, and has made their social network available via the Tor network for users who want to maintain their anonymity when logging on to the Web.<p>The Facebook …

British aid money is funding corruption overseas, damning new report finds

Money invested by the UK Government abroad found to be actively encouraging corrupt practices by the Independent Commission for Aid Impact<p>British taxpayers' money is funding corruption in foreign countries, an official investigation has found for the first time.<p>Money invested by the UK Government …

LG G3 helped company’s Q3 sales climb 39%, with profits more than doubled

LG’s twin-track smartphone strategy – offering both premium G-series models and cheaper L-series devices – appears to be working, with the company announcing Q3 smartphone sales up by 39% to 16.8M and operating profits more than doubled to 461B won ($440M). The results beat analyst expectations, …