Tim Matthews

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Every 11-Year-Old in Britain Is Getting a Free Mini Computer

Let the coding commence!<p>You've probably have heard of the Raspberry Pi - the barebones computing unit beloved by DIY hackers and coding enthusiasts …

China February services trade deficit narrows to $16 billion

BEIJING (Reuters) - China’s trade deficit in services narrowed to $16 billion in February compared with $20.7 billion in January, the foreign exchange regulator said on Monday.<p>February’s gap was largely due to a $15.5 billion gulf in spending between Chinese who spent more abroad than foreign …

China

Bonds, stocks brush off Eurosceptic election gains

LONDON (Reuters) - Italian assets surged and German shares hit all-time highs on Monday as solid election showings by pro-European forces in both countries provided an antidote to Eurosceptic gains in France, the UK and Greece.<p>Though nationalists scored stunning victories in a number of weekend …

Sony sets up PlayStation plant in China

<b>Japan's Sony has signed a partnership in China to manufacture and sell its PlayStation consoles on the mainland.</b><p>The deal, formed as two joint ventures with Shanghai Oriental Pearl, gives Sony access to an estimated 500 million gamers in China.<p>China has had a ban on gaming consoles since 2000, …

China

Lockheed to begin building asteroid sampler for NASA

CAPE CANAVERAL, Florida (Reuters) - A NASA mission to pluck samples from a distant asteroid and return them to Earth passed a major technical review, clearing engineers to begin building the robotic spacecraft, officials said on Thursday.<p>The $800 million mission, known as OSIRIS-Rex, is targeted …

Judge OKs $1.8B SAC Capital criminal settlement

NEW YORK — SAC Capital's record $1.8 billion insider-trading settlement was approved in Manhattan federal court Thursday, the final legal stage shutting down the giant Wall Street hedge fund headed by billionaire Steven Cohen.<p>U.S. District Court Judge Laura Taylor Swain accepted the agreement after …

Oracle Lands In More Hot Water Over Ads That Slam IBM — And Now The FTC May Investigate

On Thursday, one of the advertising industry's self-regulation bodies, the National Advertising Division, asked the Federal Trade Commission to step in and investigate Oracle's ads for "possible law enforcement action," it said.<p>"Now, IBM has brought NAD's attention to a fourth Oracle advertising …

IT

India eases foreign investment rules in retail sector

<b>India has eased key rules on foreign direct investment in multi-brand retail in an attempt to attract foreign firms as it looks to boost economic growth.</b><p>Rules governing sourcing of products, infrastructure investment and selection of cities have been relaxed.<p>India had opened up multi-brand retail …

Economic Development

A Freudian analysis of sexting

Sexting isn’t a poor imitation of sex — it’s a whole different form of it<p>What is a fantasy, exactly?<p>As we might expect, the question shows up frequently in the work of Sigmund Freud. In their 1968 essay “Fantasy and the Origin of Sexuality,” Jean Laplanche and J.B. Pontalis note that “From its …

Violence will rise as climate changes, scientists predict

UC Berkeley researchers pull together data on ancient wars, road rage and more, and conclude that violence may increase between now and 2050 because of higher temperatures and extreme rainfall patterns.<p>August 01, 2013|By Monte Morin<p>Long before scientists began to study global warming, author …

Climate Change