Stanley Kadenge

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Xi says multi-party system didn't work for China | Reuters

SHANGHAI (Reuters) - China experimented in the past with various political systems, including multi-party democracy, but it did not work, President Xi Jinping said during a visit to Europe, warning that copying foreign political or development models could be catastrophic.<p>China's President Xi …

Associated Press News

You can now join an official waitlist to be a Google Glass Explorer

It just got a little easier to pick up Google Glass. A number of tipsters noticed a change this week in Google's Glass Explorer site, which now gives users a chance to declare, "if a spot opens up, I want to purchase Glass and become an Explorer." Previously, the only way to get a Glass unit was …

Target Accidentally Sold Xbox One Consoles Early So Microsoft Banned Gamers From Using Them

He wasn't the first one to accidentally get an Xbox One early, reports Evan Narcisse from the gamer blog, Kotaku.com. Target also sent one to at least one other gamer, known for his eBay name, priceless228.<p>They weren't supposed to be able to start using the new Xbox right away. Microsoft is making …

Twitter flotation: what do superstars of tech do with riches? Carry on creating

Leave it to Justin Timberlake to utter the most important phrase in <i>The Social Network</i>, a film that charted the tumultuous rise of the Facebook founders. It was about money. "A million dollars isn't cool," he quipped in his role as Napster founder and early Facebook backer Sean Parker. "You know …

The mega-port that threatens to sink Sudan | Ethiopia

As plans for a mega-port on Kenya's northern-most coast begin to take shape, new concerns are emerging that the project could damage already-strained relations between Sudan and South Sudan.<p>Kenya's $25.5bn Lamu Port and New Transport Corridor Development to Southern Sudan and Ethiopia (LAPSSET) …

Vandals Attack Electric Grid In Arkansas

In the early morning hours of August 21st, the electric power grid was targeted in what appears to have been a deliberate, decidedly low-tech act of vandalism–with more dangerous implications for grid safety.<p>The incident was initially described in media reports as something akin to thoughtless …

Cuba's Spies Still Punch Above Their Weight

Despite a withered economic base, few exports of any value, and a repressive state bureaucracy, Cuba and the Castro regime have an outsized …

Here's What Happens To Twitter And Other IPOs If The Government Shuts Down

According to the SEC's government shut down contingency plan, IPOs — like the one Twitter is currently planning — do not make it onto the 'absolutely must-do' list. This is in part because, during a government shut down, the SEC will only have about 6.1% of its employees working on staff — those …

KKR is betting $556 million that your next washing machine will be Made in China

Private equity giant Kohlberg Kravis Roberts is on a roll in China. Last week, it bet $140 million on China’s booming dairy consumption. Today, it bought a 10% stake in Qingdao Haier, the listed arm of China’s biggest maker of home appliances, for an estimated $556 million.<p>Unlike with its dairy …

Breaking Bad finale set to be most pirated show of the year

The finale of Breaking Bad is already the most pirated episode of the hit show, according to industry estimates, after setting new TV ratings records in the US.<p>Just 12 hours after final episode was made available online via Netflix, the show had been illegally downloaded 500,000 times, according to …

Apple investor Carl Icahn presses chief executive over $150bn share buyback

Carl Icahn, America's most powerful activist investor, has warned Apple's board he is "not going away" after meeting the iPhone maker's chief executive.<p>Icahn is pushing for Apple to spend $150bn lifting its stock price by buying back its own shares, and invited Tim Cook to dinner at his apartment …

SpaceX knocks down claim that Falcon 9 rocket exploded in orbit

The SpaceX launch company and its billionaire founder, Elon Musk, on Tuesday smacked down suggestions that the upper stage of its upgraded Falcon 9 rocket exploded after putting a half-dozen satellites in orbit.<p>"There was definitely no explosion of any kind." Musk told NBC News in an email. "Falcon …

Space Travel

Egypt anti-coup rally held in Tahrir Square

Anti-military protesters have demonstrated in Cairo's Tahrir Square for the first time since the army forced Egyptian President Mohamed Morsi from office in July following mass protests against his leadership.<p>Around 100 protesters gathered in the square on Tuesday, chanting "down with military …

Inside look at BlackBerry reveals failed 'SMS 2.0' push, qualms over Z10 launch

We're familiar with much of BlackBerry's history, but there are a few unanswered questions: why did Jim Balsillie resign his board position, for example? And why did the Z10 launch ahead of Q10, to disastrous results? Thankfully, <i>The Globe and Mail</i> has addressed some of these mysteries through a …

Twitter plans to make its IPO filing public this week

Twitter’s IPO filing is ready, and the company intends to make it public this week, according to someone familiar with the plan. The goal is for Twitter to begin trading, likely on the New York Stock Exchange, before Thanksgiving.<p>The source stressed that Twitter’s filing could still be delayed by a …

UK Is Setting Up A Cyber Army

The UK is setting up a new cyber army to protect computer networks and important data, as well as launch cyber attacks if necessary, BBC reports.<p>The UK military will be developing a cyber strike capability to defend itself against enemies, seeing as cyber attacks have the power to disable enemy …

Project One: One Hour, One Camera, One Setting, One Dollar Per Person

While on a half vacation, half business trip to the Philippines, photographer Dennis Sapong decided to spend one free hour at the local public market …

Study: Fast Food Has Gotten A Bit Slower

Fast food, it turns out, isn't quite as fast as it used to be.<p>A new study finds that McDonald's posted its slowest drive-through times since this survey was first conducted 15 years ago.<p>At McDonald's, customers will spend on average 3 minutes and 9 seconds from the time they place their orders …

Study finds growth not helping Africa's poor

Improved economic growth over the past decade in Africa has failed to reduce poverty in a majority of countries on the continent, a new study has revealed.<p>The Afrobarometer survey, released on Tuesday, said that despite playing host to some of the world's highest economic growth rates, many …

The U.S. Transportation System Has $100 Billion Worth of Inefficiencies

The Major Retailers Most Threatened By Mobile Showrooming, And How They're Fighting It

The practice of "showrooming," or viewing an item in a retail store and then buying it online, has brought the e-commerce threat directly to bricks-and-mortar retailers.<p>Mobile raises the showrooming threat to a new level since price comparisons are available to shoppers immediately, as they make …

90 dead elephants in Zimbabwe are proof that the ivory trade has gone industrial

China’s demand for luxury knickknacks lies beneath some spectacular carnage of late. As we highlighted in August, the illegal ivory trade funds al-Shabaab, the terrorist group behind the Westgate Mall massacre in Kenya late last month. Al-Shabaab finances as much as 40% of its operations this …

Stocks shrug off shutdown, close higher

Wall Street is so far refusing to be rattled by a partial shutdown of the government.<p>Wall Street investors were reacting calmly to the first day of a partial shutdown of the U.S government.<p>Stocks closed higher as the Dow Jones industrial average gained 62.03 points, or 0.4%, to 15,191.70 and the …

Jay Z says drug dealing past will help him as an agent

When Jay Z announced he was leaving the Brooklyn Nets to become a sports agent last year, he faced a lot of questions about what would make him qualified to take on such a tough job, because his expertise seemed to really be in music and making things (like the Nets) popular. He countered with …

‘Grand Theft Auto V’ Masterminds Explain How Game Design Differs From Filmmaking at the New York Film Festival

'Grand Theft Auto V' Masterminds Explain How Game Design Differs From Filmmaking at the New York Film Festival<p>Budgeted at well over $100 million and …