free market

Jobless Greek youth find innovative ways to make a living

"For many, mass migration or further education have been the answer. Rapti is among those who do not want to join the exodus that has already seen about 120,000 young professionals emigrate – mostly to Germany and other countries in the eurozone’s wealthier north but also as far as away as Australia, Canada and the US. But force of circumstance has pushed growing numbers to think outside the box. Exploiting their flair for enterprise and entrepreneurship – a spirit doused by decades of dependence on state largesse – young Greeks are also behind an explosion of bars and restaurants nationwide, but especially in Athens." Continue reading →

Continue ReadingJobless Greek youth find innovative ways to make a living

Jobless Greek youth find innovative ways to make a living

"For many, mass migration or further education have been the answer. Rapti is among those who do not want to join the exodus that has already seen about 120,000 young professionals emigrate – mostly to Germany and other countries in the eurozone’s wealthier north but also as far as away as Australia, Canada and the US. But force of circumstance has pushed growing numbers to think outside the box. Exploiting their flair for enterprise and entrepreneurship – a spirit doused by decades of dependence on state largesse – young Greeks are also behind an explosion of bars and restaurants nationwide, but especially in Athens." Continue reading →

Continue ReadingJobless Greek youth find innovative ways to make a living

Unique institute unites capitalists who want to save the world

"The Unreasonable Institute, founded by University of Colorado graduates Teju Ravilochan and Daniel Epstein in this college town at the foot of the Rocky Mountains, is an attempt to solve real-world problems by linking innovative thinkers from around the world. Entrepreneurs wanting to join the camp submit written applications and go through a series of interviews. Successful applicants pay $10,000 for a single and $12,000 for a pair to take part. The institute helps participants raise the fee through crowd-sourcing and the support of donors like Hewlett-Packard and Vodafone." Continue reading →

Continue ReadingUnique institute unites capitalists who want to save the world

Unique institute unites capitalists who want to save the world

"The Unreasonable Institute, founded by University of Colorado graduates Teju Ravilochan and Daniel Epstein in this college town at the foot of the Rocky Mountains, is an attempt to solve real-world problems by linking innovative thinkers from around the world. Entrepreneurs wanting to join the camp submit written applications and go through a series of interviews. Successful applicants pay $10,000 for a single and $12,000 for a pair to take part. The institute helps participants raise the fee through crowd-sourcing and the support of donors like Hewlett-Packard and Vodafone." Continue reading →

Continue ReadingUnique institute unites capitalists who want to save the world

Reddit co-founder: Tech companies can help fight NSA snooping

"'I think we are awakening to a new age of sort of distributed — instead of centralized — hubs for all our data,' he explained. 'So I think this is the free market, we could very likely see alternatives pop up were social networking or whatever the thing might be does not concentrate all of our private data in one particular space.' Ohanian was a vocal opponent of legislation known as the Stop Online Piracy Act. Reddit, along with other tech giants like Wikipedia, successfully killed the bill by staging an Internet 'blackout.' However, Ohanian admitted that drumming up support to fight NSA surveillance was a more difficult task than battling SOPA." Continue reading →

Continue ReadingReddit co-founder: Tech companies can help fight NSA snooping

New Zealand becomes home to global tech industry

"The Google foray into New Zealand, dubbed Project Loon, is perhaps the most ambitious high-tech test carried out in the country, aiming to bring Internet to the two-thirds of the global population currently without web access. It involved sending 30 helium-filled balloons to the edge of space above the South Island last Saturday, each carrying transmitters capable of beaming wi-fi Internet access down to antennae on properties below. The first person to access the web under the scheme was dairy farmer Charles Nimmo, who said he appreciated the chance to work with one of the world’s largest companies to push the frontiers of technology." Continue reading →

Continue ReadingNew Zealand becomes home to global tech industry

Satellites to bring cheap, multi-gigabit Internet speeds to 3 billion people

"The first four of 12 satellites in a new constellation to provide affordable, high-speed Internet to people in nearly 180 'under-connected' countries, were shot into space. The orbiters, part of a project dubbed O3b for the 'other 3 billion' people with restricted Internet access, will be lifted by a Russian Soyuz rocket from Kourou in French Guiana. The project was born from the frustrations of Internet pioneer Greg Wyler with the inadequacy of Rwanda’s telecommunications network, while travelling there in 2007. The system would cover the entire African continent, most of Latin America, the Middle East, southeast Asia, Australia and the Pacific Islands." Continue reading →

Continue ReadingSatellites to bring cheap, multi-gigabit Internet speeds to 3 billion people

Nestlé unveils European youth jobs scheme

"Swiss-based Nestlé, the world’s biggest food company, has announced a plan to help at least 20,000 young people find work in Europe over the next three years. The company said on Thursday its initiative would offer employment and create 'thousands of apprentice positions and traineeships by 2016' for job seekers under the age of 30. Nestlé said it will also encourage its European suppliers to offer positions to young people. Nestlé said it was continuing to expand in Europe despite challenging economic conditions. It highlighted its biggest-ever investment in Germany last month, a 220 million-euro Nescafé Dolce Gusto factory in Schwerin." Continue reading →

Continue ReadingNestlé unveils European youth jobs scheme

The Future of Building Your Own Guns

"As more ridiculous anti-gun laws continue to be passed, the future of DIY gun building and parts is looking better all the time. People should always be able to go to the gun store and purchase fully-assembled guns. But, doing this could subject you to invasive scrutiny from government, higher prices, higher taxes, or flat-out denial based on variety of fabricated reasons. On demand CNC parts and 3-D printing services will soon bring the art of building your own guns to a whole new level." Continue reading →

Continue ReadingThe Future of Building Your Own Guns

Gold in them bits: Inside the world’s most mysterious Bitcoin mining company

"This is the first in a two-part series exploring Butterfly Labs and its lineup of dedicated Bitcoin-mining hardware. In part one, we look at the company and the experiences customers have had with it. In part two, to be published on June 29, we share our experiences running a Bitcoin miner for a couple weeks. Spoiler alert: we made money." Continue reading →

Continue ReadingGold in them bits: Inside the world’s most mysterious Bitcoin mining company