Imagine losing your Gmail, Twitter, Apple ( AAPL ) and Amazon ( AMZN ) accounts in just one hour. That's what happened to Wired.com senior editor Mat Honan last August. He lost eight years worth of data and tells the tale in the cover story of Wired magazine's December issue.
In recent months, consumer confidence has risen as the unemployment rate has come down and the housing recovery builds momentum. This weekend's strong start to the holiday shopping season is another sign of an economy that's doing much better than feared. Related: Black Friday Weekend by the Numbers But the recession never ended for millions of Americans and many of them now face a frightening prospect: the loss of unemployment benefits.
Follow The Daily Ticker on Facebook Thanksgiving is right around the corner. For some people this means family, food and football. But for others it means just one thing: shopping.
What looked like a small bounce after the Democratic National Convention has grown into a widening lead for US president Barack Obama.
Not only Australia 's much touted resources mining boom is waning off, apparently so also is the volume of construction work done in the country. Latest figures released on Wednesday by the Australia n Bureau of Statistics (ABS) showed that the volume of total construction work done in the June quarter dropped 0.2 per cent, which was way below market projections.
Prime Minister Manmohan Singh has arrived in Tehran to attend the Non-Aligned Movement summit, making him the first India n PM to visit Iran since 2001, when Atal Bihari Vajpayee made the trip. The Times of India reported that during his four-day stay, Singh will hold bilateral talks with Pakistan i President Asif Ali Zardari as well as senior Iranian officials, including Iran's Supreme Leader Ayatollah Ali Khamenei and President Mahmoud Ahmadinejad
By Oliver Tree and Mike Obel Spanish consumers are pulling their cash out of banks at record levels, according to figures released on Tuesday. Private sector deposits fell by nearly 5 percent in July to €1.509, the Telegraph reported, citing European Central Bank data, as public confidence in the banking system reached all-time lows amid a worsening economic situation. The news comes after bond markets continued to hammer the debt-ridden euro zone nations Spain and Italy last week
Beijing's monthly vehicle registration lottery broke a new record with over one million applicants competing for less than 20,000 permits in August. The Chinese capital's notoriously congested streets prompted municipal authorities to implement a lottery system for vehicle registration permits back in January 2011 in an attempt to limit the number of drivers in the city which already has over 5 million cars causing gridlock along its avenues. While the lottery system has been hailed by authorities as a success in curbing the city's ballooning traffic problems, it has been criticized for creating an underground market for the permits
The Gaza Strip will not be "livable" within eight years if steps are not taken immediately to improve basic services, the United Nations warned Monday. "Action needs to be taken now if Gaza is to be a livable place in 2020, and it is already difficult now," UN humanitarian coordinator Maxwell Gaylard told reporters
More than 2,500 years ago, Greek playwright Aristophanes wrote a play called "Lysistrata" in which the women of Athens vowed to withhold sexual relations from their husbands and lovers as a form of protest against the Peloponnesian War. Something similar is now happening in a country thousands of miles away from Greece -- the women of Togo, a small country in West Africa, have called for a week-long ‘sex strike’ as a protest against President Faure Gnassingbe. Opposition leader Isabelle Ameganvi, an attorney who supports the imposition of sexual abstinence, is demanding that the president immediately resign