"The old paradigm that I'm trying to get rid of is that space is for governments and the super-rich, and it takes years, and it costs millions of dollars, and I say this is just wrong" said Peter Platzer, an Austrian-born former CERN physicist and hedge fund quant who was in town to promote his start-up NanoSatisfi. "It's the democratization of innovation.
Microsoft is allegedly prepping to directly compete with Apple in the tablet market
The Redmond, Wash.-based Company scheduled an event in Los Angeles on Monday to make a "major announcement." AllThingsD reported earlier this week that the event would unveil Microsoft's tablet plans:
- After signaling for months that it would attack the market only through its traditional hardware partners, Microsoft has decided to enter the tablet business more directly.
Reblogged from Financial Post | Business:
BERLIN/PARIS - Germany’s Angela Merkel criticized France’s economic performance on Friday in a war of words with its new Socialist president, Francois Hollande, over how to tackle Europe’s deepening debt crisis ahead of a pivotal election in Greece.
Describing her own country as Europe’s “stabilizing anchor and growth engine," the centre-right chancellor told German business leaders that Europe should talk about the growing gap between the bloc’s two biggest economies.
Most farm machinery right now consists of huge machines. But in the future, farm machinery could be "a swarm of planting, tending, and harvesting robots running game theory and swarm behavior algorithms to help optimize every inch of arable space in a given field," Popular Science reports. That's one Iowan's vision, anyway, and he's created a prototype of a farmbot.
Reblogged from Financial Post | Business:
YPF SA climbed the most in three years after Mexican billionaire Carlos Slim became the fourth-largest stakeholder in Argentina’s top oil producer.
Slim controls 32.9 million of YPF’s Class D shares, or an 8.4% stake worth US$345-million, according to a regulatory filing yesterday from the Buenos Aires-based company. A loan default prompted Argentina’s Eskenazi family to sell the shares to Slim.
WASHINGTON - Spain should raise taxes and cut government workers' pay to narrow its budget deficit, the International Monetary Fund said Friday.
The international lending group said Spain's deficit is likely to exceed estimates and the government should therefore consider several measures to boost tax revenue.
The IMF suggests the government increase in its value-added tax, or VAT, which is a type of sales tax.
This morning, Sotheby’s New York sold an Apple Computer for $374,500—more than twice its high estimate of $180,000—in its Fine Books & Manuscripts sale. The computer, a 1976 Apple I, one of the first compact model computer that could be used by non-experts to type on a keyboard and operate basic programs, ushered in the era of personal computing.
This week we checked out the LAUNCH Education and Kids conference, where we had the chance to listen to lots of amazing companies pitch ideas that showcase the way they're using technology to improve education. You can imagine how difficult it was to pick only five to profile.
Nonetheless five were picked. You may have heard of Launchpad Toys, the company that created Toontastic and ToonTube.
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