It's hard to do business without the rule of law and a functioning infrastructure
It's way too easy to think that people in poor countries are poor because they lack skills or motivation. The truth is that the only real difference between many of them and many of the people in wealthy countries is that some people happened to grow up in places with the right environment (free markets under the rule of law, with a well-developed infrastructure) for their skills to prosper. Warren Buffett, for instance, acknowledges that he was lucky to have been born in the right place at the right time for his natural talents to be useful. Want to see the world prosper? Get the right processes and systems in place for as many people as possible.
Samsung will introduce "Gear" smartwatch on September 4th
Smartwatches will really mark phase 1 in the era of wearable computing
Facebook settles with privacy organizations
They'll have to pay some users whose names were used in ads without those users' direct consent
Yahoo thinks original comedy will be a traffic booster
August 15 marks approximate start of fall allergies in Iowa