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 …

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>Traders are pictured at their desks in front of the DAX board at the …

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, …

Gaming Industry

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>Tourists take pictures of a NASA sign at the Kennedy Space …

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 …

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

<b>Sigmund Freud, Sydney Leathers (Wikimedia/Reuters)</b><p>Sexting isn’t a poor imitation of sex — it’s a whole different form of it<p>Sand Avidar-Walzer<p>August 1, 2013 11:00pm (UTC)<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 …

Violence will rise as climate changes, scientists predict

Long before scientists began to study global warming, author Raymond Chandler described the violent effects of dry, "oven-hot" Santa Ana winds gusting through the city of Los Angeles.<p>"Every booze party ends in a fight," he wrote in his 1938 story "Red Wind." "Meek little wives feel the edge of the …