Doing Right by the Animals Used in Food Products Is a Costly But Worthy Business Investment

How far would you go to find humanely treated, sustainably raised cows? For me, the answer was Kilkenny, Ireland. I set out with a list of requirements in mind to fit my dream of “changing the human diet for the better,” and that is where I ended up being able to check all the boxes. I’m not alone in my quest. Welfare of the animals used to make food products is important to consumers. According to the ASPCA, “94 percent of Americans agree that animals raised for food deserve to live free…

Read More

FLORIDA PAYS $600,000 RANSOM TO HACKERS WHO PARALYSED THE CITY’S COMPUTER SYSTEMS

A Florida city agreed to pay $600,000 in ransom to hackers who took over its computer system, the latest in thousands of attacks worldwide aimed at extorting money from governments and businesses. The Riviera Beach City Council voted unanimously this week to pay the hackers’ demands, believing the Palm Beach suburb had no choice if it wanted to retrieve its records, which the hackers encrypted. The council already voted to spend almost $1 million on new computers and hardware after hackers captured the city’s system three weeks ago. The hackers…

Read More

Top 5 Cars News Of The Week: Hyundai Venue Mild-hybrid, Kia SP2i Sans Camo, Skoda Karoq India Launch And More

This week’s news was mainly dominated by SUVs. Hyundai is considering a mild-hybrid variant for the Venue, while the Kia SP2i was spotted sans camo outside India. Talking about spy shots, the XUV300 Diesel AMT was also spotted this week and Skoda has confirmed that its midsize SUV Karoq will make its way here. Last but not the least, Volkswagen launched another special edition for the Polo, Ameo and Vento this week. Hyundai Considering Mild-hybrid Tech For Venue Turbo: Korean giant Hyundai is claiming that the Venue turbo’s fuel efficiency…

Read More

Scott Hiett: The Next Generation Of Computer Science

Scott Hiett is one to watch. I spoke to the 15-year-old Marling School student soon after his victory at Finastra’s FusionONE Hackathon, beating other developers double (or even triple) his age with his team’s winning product HYBER, an AI-based foreign exchange app that allows users to grow holiday money ahead of their trip. When Hiett was seven, he bought himself a ‘Teach Yourself Visual Basic’ book with a gift voucher he got for his birthday and “read it backwards, forwards, upside down, left to right, and spent a lot of…

Read More

Rare Apple-1 computer to go under the hammer at Christie’s, may fetch Rs 4.56 cr

Related Catherine Deneuve’s Yves Saint Laurent wardrobe fetches $1.02 million at Christie’s auction Travelling frames: George Michael’s personal art collection to go on tour before Christie’s auction Jeff Koons’ sculpture named ‘Rabbit’ goes under the hammer, fetches $91 mn at auction Catherine Deneuve’s Yves Saint Laurent wardrobe fetches $1.02 million at Christie’s auction Travelling frames: George Michael’s personal art collection to go on tour before Christie’s auction NEW DELHI: In 1976, Apple Inc made and sold the first ever Apple computer. Fewer than half of the 200 Apple-1 computers, ever…

Read More

The Economics That Made Boeing Build the 737 Max

The infamous 737 Max is now grounded and considered a liability, but this was not always the case. What made Boeing design this particular airplane? Wendover Production explains the economics behind this ill-fated airplane in this video. Part of the reason is that airlines would rather have a cheap small plane than an expensive super efficient small plane. The 737 is just that: a cheap small plane. Priced at just $89 million, the now doomed plane was considered a great deal. This is because Boeing had perfected the 737 manufacturing process…

Read More

Why the world is due a revolution in economics education

Economic thinking governs much of our world. But the discipline’s teaching is stuck in the past. Centred around antiquated 19th-century models built on Newtonian physics, economics treats humans as atomic particles, rather than as social beings. While academic research often manages to transcend this simplicity, undergraduate education does not – and the influence of these simplified ideas is carried by graduates as they go on to work in politics, media, business and the civil service. Economists such as myself tend to speak in tightly coded jargon and mathematical models. We speak of “economic…

Read More

The economics of the “Avengers” universe

The cast and crew of “Avengers: Infinity War” attend the Los Angeles premiere.    – Jesse Grant/Getty Images for Disney This post contains spoilers for “Avengers: Infinity War.” What would happen to the economy if half the population suddenly disappeared? Thanos — a space warlord who’s the main villain in the crossover Marvel film “Avengers: Infinity War” —  decides to eliminate 50% of all living beings at random, in a single snap. He spends the movie acquiring infinity stones, which grant him the ability to manipulate reality and carry out his goal.…

Read More