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Australia's Biggest Electricity Grid Sold for $12.5 Billion After Blocked Chinese Bids

Australia‘s biggest electricity grid has been sold to local pension funds for $12.5 billion – a deal sources say consists largely of debt and is much …

China

“When Americans understand, they become outraged”

The StopWatching.Us campaign aims to turn grass-roots anger at secret surveillance into political action<p>I just got off a conference call with the leaders of StopWatching.Us, a brand-new coalition of 86 privacy, civil liberties and tech advocacy groups that is demanding "a full accounting of the …

Mary Meeker’s 2013 internet trends: all the slides plus highlights

Mary Meeker of Kleiner Perkins Caufield & Byers has released her highly anticipated, annual presentation on internet trends. Here it is:<p>Some highlights from the slides:<p>More than 500 million photos are uploaded and shared every day. More than half of those are on Facebook.<br>• About 100 hours of video is …

Mary Meeker

Verizon wants to make your smartphone’s data greener

If you’re a Verizon subscriber, all that Facebooking, texting, and tweeting you do on your smartphone is about to get a bit greener. The US telecom giant says that it will spend $100 million over the next year to install solar arrays and fuel cells at its data centers, corporate offices, and call …

Renewable Energy

Songza Launches Version 3.0 With Improved Search, Quicker Navigation, And Revamped UI

Songza, the app that matches expert-created music playlists to your mood or activity, has just released a huge update to its iOS app, streamlining the experience quite a bit and cleaning up the UI to ensure that users are getting the best music to match their mood and activity in the fastest time …

Enterprising Aussies

<b>Starting up a business down under</b><p>A NEW report by PricewaterhouseCoopers (PWC), a professional-services firm, suggests that Australia could start a …

Why are your friends more popular than you?

DO YOU ever feel like your friends are more popular than you are? That may be because it is true—for nearly everyone. This odd result, dubbed the …

Illegal markets

<b>A rough guide to the value of various forms of illegal trade</b><p>SOLID numbers on illegal business are hard to come by. To estimate the size of the drugs …

How does a self-driving car work?

CARS that can drive themselves, a staple of science-fiction, have started to appear on roads in real life. Google’s self-driving vehicles are the …

Power to the people

VIRGIN AMERICA has 53 planes in its fleet, and every seat in every craft sports both standard and USB power sockets. This makes Virgin the only …

Spain ascendant

THE Spanish are back. After three years at the top of the “The World's 50 Best Restaurants”, a ranking put together each year by <i>Restaurant Magazine</i>, …

Why 'SoLoMo' Isn't Going Anywhere

If you've ever wondered who to blame for a particular tech buzzword, there's a decent chance the culprit will either be a startup founder or a …

Live! From North Korea, It’s AP Photographer David Guttenfelder

Wildlife & Wild Places<p><b>Associated Press photographer David Guttenfelder and North Korea’s leader Kim Jong Un have this in common: Both enjoy loyal followings.</b><p>True, the Supreme Leader, as Kim is known, is in another league as far as pure numbers go, swith 24 million people in his grip as ruler of the …

Political Scene: Will Boston Change Counterterrorism?

On Thursday, New York City Mayor Mike Bloomberg announced that, according to the F.B.I., the Tsarnaev brothers had planned to leave Boston for New York—not, as originally reported, to “party” but, allegedly, to detonate explosives in Times Square. Thankfully, that didn’t happen, and for that …

Crass Roots

“Veep” grows up.<p>“This is amazing! It’s like a happy Nuremberg,” a White House aide tells Vice-President Selina Meyer as they rush offstage, having won over another set of voters with Meyer’s pre-baked, if rather surreal, humanizing anecdotes. (“He shook my hand and he said, ‘You don’t remember …

A Hundred Hungry Men at Guantánamo

Is Guantánamo falling? The Navy sent reinforcements to the prison there on Monday—forty medics, added to the cohort guarding a hundred and sixty-six prisoners, watching them in their cells, and, increasingly, pulling them into rooms where they are strapped to chairs and have rubber tubes stuck into …

eBay, retail partner to open NY shop with touch-screen window

eBay CEO John Donahoe says the company is working with a major retailer in the city on the store, to open this summer. eBay confirmed its partner is Kate Spade Saturday.<p>NEW YORK--eBay is working with Kate Spade on a pop-up shop in New York that will feature a digital touch-screen storefront window, …

eCommerce

Uber Refutes Report of a $1 Billion Valuation

This article is from the archive of our partner .<p><b>Update:</b> Minutes after a Reuters report came out, Uber released a definitive statement denying that …

AT&T introduces new $100 phone trade-in program

AT&T will roll out a new trade-in program tomorrow allowing its customers to upgrade to a new high end (i)Phone with $100 of free spending money if you give them your old phone (restrictions apply).<p>Beginning May 1, consumers who trade in their current smartphone to AT&T* will be eligible to receive …

Google gets people ready for Glass with new how-to video

Google's Project Glass is still exotic, futuristic, and distant — it's available only forextremely early adopters, including "creative individuals" who were let in through a Twitter and Google+ contest. But a year or more ahead of its consumer launch, Google is already trying to get ordinary people …

OneNote updated with finger painting in Windows Store

Who doesn’t enjoy drawing with their fingers? And such an ability becomes essential in the absence of a stylus, whether because you need to dash out …

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Windows 8 Grabs 3.84% Market Share, Windows Down Overall

Moving into the second quarter of 2013, Windows 8 seems content to continue its slow but steady growth. All other Windows versions declined last month, however, and the newest flavor simply wasn’t enough to stop the negative.<p>The latest market share data from Net Applications shows that April 2013 …

Asian Chat App Line Passes 150 Million Downloads

Line, the free messaging app that was created in Japan, continues to grow at speed after it passed 150 million downloads of its app today. The service is one of the most popular of its type in Asia, and it is available in 12 languages and across the iOS, Android, Windows Phone, BlackBerry and Nokia …

The New Obamacare Application Form Is Out, And It's Actually Really Easy

The new, five-step process is clear, concise, and simple to follow. Though applying for health insurance can be a convoluted process, I filled out the application in 5 minutes and 20 seconds.<p>Granted, as a young, single person with a solitary source of income and no dependents, I'm not the most …

Health Care

Joining the rest of America, Apple goes billions of dollars into debt

It seems somewhat counterintuitive, but the public company with the largest stockpile of cash in the world—Apple, sitting on $145 billion—is borrowing billions of dollars in the financial markets today.<p>Why? While the company owns a lot of cash, a significant chunk of it is kept overseas, making it …

Interest Rates

As Youth Crime Spikes, Brazil Struggles For Answers

In Rio de Janeiro, tourists are drawn to Copacabana for its wide beach and foliage-covered cliffs. But a month ago, not far from the tourist hub, an American woman and her French male companion were abducted. She was brutally gang-raped; he was beaten.<p>Perhaps what was most shocking to Brazilians, …

Mexico shifts focus to dollars, not drug cartels

President Obama will see a country trying to market itself differently when he arrives Thursday.<p>ACAPULCO, Mexico – Catholic priest Jesús Mendoza ministers to a working-class neighborhood in the hills of Acapulco that are a world away from the tourist resort destination below.<p>He says one parishioner …

Human Rights