austerity

austerity

The Best Proof We've Seen Yet That Being On Twitter Can Make You Money

www.businessinsider.com
This morning, news broke that the Greeks had a reform deal. The Euro shot up on the news. But if you were on twitter, you could have profited early. Trader @pawelmorski just posted this annotated chart. Please follow Money Game on Twitter and Facebook.Join the conversation about this story...
The Best Proof We've Seen Yet That Being On Twitter Can Make You Money

Sony to cut 10,000 jobs and slash bonuses, says Japanese newspaper

www.engadget.com
There have been some major adjustments at Sony HQ already, but Japanese business sheet Nikkei reckons they're nothing compared to what's on the horizon. It reports that, come an announcement on April 12th, Kaz Hirai will clear out 10,000 jobs by the end of this year -- that's six percent...
Sony to cut 10,000 jobs and slash bonuses, says Japanese newspaper

IT'S OFFICIAL: Keynes Was Right

www.businessinsider.com
This morning brings news that Europe may finally be beginning to soften on the "austerity" philosophy that has brought it nothing but misery over the past several years. The "austerity" idea, you'll remember, was that the continent's huge debt and deficit problem had ushered in a "crisis of confidence" and...
IT'S OFFICIAL: Keynes Was Right
Tableau guns for European growth, claiming economic woes favor cheaper analytics
Microsoft Excel: The ruiner of global economies?

Budget 2012: Osborne champions British business with corporation tax cut

www.guardian.co.uk
Chancellor has made cutting corporation tax, to signal Britain's competitiveness to foreign investors, his first tax-cutting priorityGeorge Osborne has announced a larger-than-expected cut in corporation tax to 22p over the next three years, styling himself as the champion of British business, in a budget which he said would help the...
Budget 2012: Osborne champions British business with corporation tax cut

Government spending by department, 2011-12: get the data

www.guardian.co.uk
Government spending by department is under the microscope. Find out how Whitehall spends your money - and download our wallchart for yourselfLosers | Winners | Summary for each department• Download this graphic as a PDF• Interactive guide• Download the 2011-12 data• Last year's data• More data journalism and data visualisations...
Government spending by department, 2011-12: get the data

Careful: Your big data analytics may be polluted by data scientist bias

gigaom.com
Expectations surrounding the future of  big data range from the just huge to absolutely enormous – a reflection perhaps of both its real inherent potential and all the massive hype. Certainly though there is no dispute that companies can reap big benefits from exploring patterns found in the data they...
Careful: Your big data analytics may be polluted by data scientist bias
The Economic Argument Is Over -- Paul Krugman Has Won

CarRush Bills Itself as ‘Groupon for New Cars’. Is This A Good Idea?

techcrunch.com
If you thought the application of the Groupon sales business model could not extend any further you may be wrong. CarRush.co.uk launches today billing itself as ‘Groupon for New Cars’. It’s essentially a consumer front-end for FinanceAcar.co.uk. The idea is to provide exclusive weekly deals with discounts of up to...
CarRush Bills Itself as ‘Groupon for New Cars’. Is This A Good Idea?

UK inflation basket: ebooks in, champagne out

www.guardian.co.uk
Office for National Statistics notes recent increases in the number of people reading books digitally as it adds ebooks to the new basket of goodsThe world may not have heard of EL James and her Fifty Shades of Grey trilogy were it not for her first publishing the erotic thrillers...
UK inflation basket: ebooks in, champagne out

Olympus hangs $57 million loss on austerity, strong yen and declining compact camera market

www.engadget.com
Olympus is reporting a $56.7 million loss for its first quarter of 2012. While its coveted medical imaging arm remains profitable, its life-science and industrial unit suffered thanks to corporate belt-tightening. Unsurprisingly, its low-end compact camera market is shrinking, but sales of its OM-D E-M5 ILC increased by 50...
Olympus hangs $57 million loss on austerity, strong yen and declining compact camera market

MIT's sun funnel could slit solar power's efficiency bottleneck

www.extremetech.com
Every day, our Sun beats more energy into the world’s deserts than is used by the entire human race in a year. Every joule of energy in the world’s oil reserves was put there by the sun, millions of years ago. Even uranium was created in the death-rattle explosion of...
MIT's sun funnel could slit solar power's efficiency bottleneck

Budget 2012: 50p tax rate scrapped and allowance raised

www.guardian.co.uk
• Personal allowance now close to £10,000• Ed Miliband: 'Millions pay more while millionaires pay less'• Stamp duty rate of 7% for £2m houses• Economic growth forecast to be 0.8% this yearGeorge Osborne has announced a £1,100 increase in the personal tax allowance next April, and cut the top rate...
Budget 2012: 50p tax rate scrapped and allowance raised

Nevermind austerity; European startups get public funds

gigaom.com
Europeans are debating the relative merits of “austerity” versus “growth”, in light of France’s socialist election victory and downbeat economic indicators. But technology investment funds operated by several national and regional governments have largely survived the chop. Their latest investments were announced on Tuesday… PlayJam - the connected-TV games aggregator is...
Nevermind austerity; European startups get public funds

Why text messages could be the future for charities

www.guardian.co.uk
Sending a text message to supporters can be an effective way to communicate and save moneyIn January more than 300 residents on the Aylesbury estate in south London, Europe's largest social housing project, found out about job opportunities through a text message.The message was sent by Patrischia Warmington of Creation...
Why text messages could be the future for charities

Ryanair says fuel costs and eurozone crisis will hit profits

www.guardian.co.uk
Ryanair, which carried 75.8 million passengers last year, raised fares 16% to help offset a fuel bill that was 30% higher"No frills" airline Ryanair has warned that higher fuel costs and turmoil in the eurozone could knock up to 20% off annual profits this year.The warning took the shine off...
Ryanair says fuel costs and eurozone crisis will hit profits

HP lays off 27,000 employees in restructuring move

arstechnica.com
Earlier last week, rumors hinted that the HP would lay off 10,000 to 15,000 employees, but today the company revealed that 27,000 of HP's 349,600 employees will be cut by the end of 2014. According to Bloomberg, Hewlett-Packard CFO Cathie Lesjak said no unit of the company will be spared...
HP lays off 27,000 employees in restructuring move

Eurozone crisis: high-stakes gamble as David Cameron warns Greek voters

www.guardian.co.uk
PM says Greeks have choice in June election between voting to stay in euro and 'effectively voting to leave'A second Greek vote next month backing parties opposed to the European Union's bailout package would be a decisive vote to leave the euro for which contingency plans have to be made...
Eurozone crisis: high-stakes gamble as David Cameron warns Greek voters

Public sector leaders are not ready for tomorrow's major disaster

www.guardian.co.uk
Our survey reveals that public sector leaders are unprepared for the new challenges facing them, including issues to do with outsourcing and cyber securityMajor incidents across both the public and private sectors have been high on the news agenda: from severe flooding, to mobile network blackout, an NHS trust being...
Public sector leaders are not ready for tomorrow's major disaster

Big Data's Usability Problem

allthingsd.com
Sen. Lindsay Graham just told Fox News that the reason the FBI never realized that Boston Marathon bombing suspect Tamerlan Tsarnaev went to Russia in 2011 is that “when he got on the Aeroflot plane, they misspelled his name, so it never went into the system that he actually went...
Big Data's Usability Problem

Redefining TV: CES exhibitors hope size and sharpness matter to buyers

www.guardian.co.uk
New televisions with huge screens and ultra high-definition picture quality are aimed at breaking a spell of disappointing salesElectronics companies are gambling that consumers will snap up a new generation of huge TVs with crystal clarity and eye-watering prices.Panasonic, LG and Toshiba have unveiled new TVs at the Consumer Electronics...
Redefining TV: CES exhibitors hope size and sharpness matter to buyers
Apple's Jony Ive: 'really great design is hard'

I Fear This Will Be the Most Important News of 2012

www.theatlantic.com
No, not Wisconsin recall, European austerity-meltdown, Iranian nukes, or the next 50 items on the list.I fear it's this report, from a scientists' group at UC Berkeley, headlined as follows on the Berkeley site:...
I Fear This Will Be the Most Important News of 2012

In Message to Rioting Greeks, Anonymous Issues Warning to Europe (Video)

www.observer.com
In a video posted Sunday on a popular Youtube channel devoted to distributing its "Official Messages,"  Anonymous addressed the people of Greece as well as the rest of the European Union. Narrating images from Athens in its usual synthesized, accent-free voice-over, the amorphous hacker collective denied it was behind the...
In Message to Rioting Greeks, Anonymous Issues Warning to Europe (Video)

'Intellectual Bulwark' Of Austerity Economics Collapses Because Of Three Major Errors

www.techdirt.com
Amongst economists and those who draw on their thinking, the names Reinhart and Rogoff are well known for work published under the title "Growth in a Time of Debt," which sought to establish the relationship between public debt and GDP growth. The key result, that median growth rates for...
'Intellectual Bulwark' Of Austerity Economics Collapses Because Of Three Major Errors

FTSE 100 records biggest daily rise since January on ECB rate cut hopes and Arm results

www.guardian.co.uk
Investors welcome bad data as sign central bank will need to act, while chip designer soars 12% on profit jumpGlobal stock markets moved sharply higher with the UK's leading index recording its best daily performance since 2 January.Much of the rise was due to hopes of an interest rate cut...
FTSE 100 records biggest daily rise since January on ECB rate cut hopes and Arm results

Budget 2013: what does it mean for science and innovation?

www.guardian.co.uk
Our panel of science and innovation policy experts digests the details of George Osborne's budget statementIn today's budget speech, George Osborne described research and development as "absolutely central to Britain's economic future". But is he doing enough to get us there?The science budget is one area of public spending to...
Budget 2013: what does it mean for science and innovation?

Ed Miliband taunts George Osborne as #downgradedchancellor

www.guardian.co.uk
Labour leader mocks chancellor in opposition response to budget claiming Britons are worse off after string of broken political promises and missed fiscal targetsEd Miliband condemned George Osborne on Wednesday as a "downgraded chancellor", saying the country is now "worse off" than when the coalition was formed nearly three years...
Ed Miliband taunts George Osborne as #downgradedchancellor

Microsoft's quest to build the skills of 300 million youth

www.guardian.co.uk
By focusing on innovative technology education programmes to inspire and empower the world's youth, the software giant is strengthening future businessYouth unemployment in both wealthy and developing nations is in part due to a dearth of skills training. In turn, the lack of economic opportunities for the world's young workers...
Microsoft's quest to build the skills of 300 million youth
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