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Society & Welfare

Chinese skyscraper to be auctioned online

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A 156m (511ft) skyscraper in northern Shanxi province has been listed on Taobao, China's largest e-commerce website, by a local court. The 76,000 sq m repossessed building is due to go on the block on 2 January, with a sky high asking price of 553m yuan ($84m; £62m). The site said online auctions helped with transparency in property sales. Construction on the building first began in 2006 and was due to be completed by 2011, according to Chinese state media outlet Xinhua. However, the developer ran into funding troubles. The building was even... Read More »

Grosvenor Crescent rated the most expensive street in England and Wales

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The sweeping crescent, whose Grade II-listed properties are thought to have been built between 1837 and 1860, topped a list of the priciest streets published by Lloyds Bank. However, while Grosvenor Crescent’s residents are sitting pretty, with the typical price tag unchanged on last December, their wealthy neighbours in Eaton Square – which topped the bank’s table a year ago – have each typically seen more than £3m wiped off the value of their property in the space of 12 months, cutting the average price to just over £13.5m. Lloyds did n... Read More »

Winklevoss twins cut up their Bitcoin key to protect their fortune

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People laughed at the Winklevoss twins in 2012 when they started buying up bitcoin - lots of it. The two Harvard-educated entrepreneurs bought about 120,000 bitcoins when they were less than $10 each, using funds they got from settling a lawsuit against Mark Zuckerberg over their claim that they came up with the idea for Facebook. But nobody's laughing at Cameron and Tyler Winklevoss anymore. They confirmed in an interview with The New York Times that they had held on to their bitcoins as the price has skyrocketed - a coin was worth about... Read More »

Spain agrees 4 percent rise in minimum wage for 2018

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pain’s economy emerged from recession in 2013 and become one of the fastest growing economies in the euro zone. However, many of the jobs created during the recovery have been temporary or part-time, leading to low wages and rising inequality. Unions have long asked for wages to rise to reflect Spain’s strong economic growth. The government’s end-of-year growth forecast is 3.1 percent. On Tuesday, they said they were pleased with the wage increase. “It is a boost to rebuild the salaries of people who lost most in the economic crisis,” sai... Read More »

Queen gives all 1,500 Buckingham Palace employees a Tesco Christmas pudding

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According to the official website of the Royal Family, the Queen gives each member of her staff a Christmas pudding, a tradition started by her grandfather, George V. But that is not all. In addition to a Christmas pudding, employees throughout the Palaces, in the Court Post Office, and in the Palace police, also receive a greeting card from the Queen and the Duke of Edinburgh as well. If this all sounds a tad frugal, it turns out it's actually even more so this year. In previous years, it was reported the monarch favoured puddings fro... Read More »

Heritage lovers raise €500,000 to save French castle from ruin

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Heritage lovers scrambled to raise half a million euros in less than a month to save an under-threat French castle. More than 6,500 internauts—via crowdfunding platform Dartagnans—clubbed together to safeguard the 13th century monument. The Mothe-Chandeniers castle, situated 60 kilometres from Tours in north-western France, was put up for sale by its owner because its maintenance costs were so high. The online fundraising campaign was led by Dartagnans co-founder Romain Delaume. He is aiming to hit the one million euros mark—which is thou... Read More »

Forbes Announces First-Ever 2017 Midas List Europe

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Forbes announced at Venture, an investor-focused gathering in Lisbon held in advance of the 2017 Web Summit technology conference, its  first-ever 2017 Midas List Europe.  The launch of the list marks the expansion of Forbes’ Midas List franchise, which highlights many of the world's top tech investors.  The honorees of Forbes’ 2017 Midas List Europe are making their mark in Europe's growing tech ecosystem. Produced in partnership with TrueBridge Capital Partners, the Forbes’ Midas List is the new definitive ranking that acknowledges a vastl... Read More »

Procter & Gamble Launches New Thought-Provoking Olympic Games Film: “Love Over Bias”

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With less than 100 days until the Opening Ceremony of the Olympic Winter Games PyeongChang 2018, Procter & Gamble (NYSE: PG), a Worldwide Olympic Partner unveiled “Love Over Bias,” the newest installment of its award-winning “Thank You, Mom” campaign. The film imagines what the world could be if we all saw each other through a mom’s eyes. The critically acclaimed short films from P&G’s previous Olympic Games campaigns are among the most viewed Olympic Games videos of all time. ‘Love Over Bias’ reflects stories of real athlete challen... Read More »

Intel to Power the 5G Network Future at the 2018 Olympic Winter Games in PyeongChang

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By Sandra Rivera As mobility evolves beyond the smartphone, 5G is becoming one of the most impactful technology transformations we are likely to see in our lifetimes. It will bring seamless connectivity, massive computing capabilities and rapid access to the cloud together for the first time. In doing so, 5G will enable exciting new experiences and compelling new business use cases that will forever transform the way we live, work and play. One of the most exciting and globally accessible ways we can help the world begin to understand and be... Read More »

Mastercard and MLB Deliver In-Stadium Augmented Reality Experience at 2017 World Series

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This year, Mastercard and MLB partnered to surprise and provide baseball fans unique access throughout Postseason and into the 2017 World Series. To build on this excitement, Mastercard and MLB for the first time ever delivered fans a special Stand Up To Cancer (SU2C) message through augmented reality, right to their stadium seats at Game Four of the World Series. Through an AR experience, Houston Astros shortstop Carlos Correa thanked fans for helping Mastercard raise $4MM for SU2C over the summer and announced that Mastercard would be maki... Read More »

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