THE FBI is investigating the disappearance of a British man’s wife from their honeymoon boat.Agents quizzed Lewis Bennett, who had told them his Colombian bride Isabella Hellmann was washed overboard in the Florida Straits.The 38-year-old mining engineer has said he was asleep when their catamaran hit an object, 30 miles west of the Bahamas.When he went to check, his wife, 41, was gone and the 37ft Surf Into Summer was taking on water.He was rescued after getting into a lifeboat before coastguards spent ten fruitless days searching for estate agent Ms Hellmann.The couple, who have a nine-month-old baby daughter, were said to have been on a belated honeymoon.Twelve days before she vanished, she had written of their trip: “Another day in paradise.”Ben G. Schachter, Hellmann's boss at Signature Real Estate Companies, told CNN that she was "full of happiness and joy" following her daughter's birth.Mr Bennett, a Bangor University graduate, said he last saw her at 8pm on … [Read more...] about Mystery as Brit man’s wife disappears after ‘falling overboard when their luxury yacht capsized’ near the Bahamas
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AN explosive "dirty dossier" on Donald Trump's alleged links to Russia has shocked the world after it was leaked before being verified.The unsubstantiated report contains deeply damaging material that could be used to blackmail the president-elect - and was released just days before his inauguration.But what exactly is the "dirty dossier" and how has Trump reacted to the allegations?It is a 35-page report consisting of memos compiled before and after the November 8 election.It was written by former British MI-6 intelligence agent Christopher Steele, 52, who fled his Surrey home soon before his identity was made public.He is apparently now in hiding after becoming “terrified for his safety” after he was named in the US.The 52-year-old's research which was initially funded by anti-Trump Republicans, and later by Democrats.He is the director of Orbis Business Intelligence, based in West London.A furious Trump let rip at a press conference following … [Read more...] about What is the Donald Trump dirty dossier, what are the allegations against him and what is fake news?
This is the second time the annual event has been held in the Portuguese capital, and with over 60,000 participants expected at the mega-event from Monday to Thursday (November 6-9) it is even bigger than last year's. Hotels in the Portuguese capital are fully booked despite peak prices for weeks. The over 1,000 names on the speakers list include UN Secretary-General António Guterres, EU Competition Commissioner Margarethe Vestager, former French President François Hollande and former US Vice President Al Gore. Web Summit was originally called the Dublin Web Summit and has been held annually since 2009. Founded by Irishmen Paddy Cosgrave (pictured below), David Kelly and Daire Hickey, for the first five years the event was held in Dublin. In September 2015, Cosgrave announced it would be held in Lisbon starting in 2016. Web issues of the day Cosgrove believes this year's event should focus more intensively on web-related issues that impacted, for example, the 2016 US … [Read more...] about Lisbon hosts Web Summit: the Davos of the tech world
Facebook aims to raise $5 billion (3.8 billion euros) with its initial public offering (IPO), according to paperwork filed with the US Securities Exchange Commission (SEC) this week. But that figure is only a starting point to help the social media company calculate its registration expenses. Some analysts expect the IPO could raise up to $10 billion. The number of shares on offer and actual date they will be made available are yet to be announced, but experience shows most companies float within three months of applying to the SEC. Tech sector observers say the IPO could value Facebook at up to $100 billion. That would make Mark Zuckerberg, the company's founder und CEO, the fourth-richest man in the United States. The IPO prospectus filed on Wednesday shows 27-year-old Zuckerberg would maintain absolute control over the company even it goes public. Although Zuckerberg only owns a 28-percent stake in Facebook, the company's tiered share structure – as well as early … [Read more...] about Zuckerberg’s coup: Facebook applies to go public
On Thusrday, a retired German race car driver and his ultra-light gasoline-fueled Very Light Car won the Auto XPrize, a $5 million (3.8 million euros) award in the United States. The prize, which is funded by an American auto insurance company, Progressive, was started as a way to inspire auto makers around the world to build a car that would get 100 miles per gallon (42 kilometers per liter), or its energy equivalent. The cars could be electric, traditional combustion, or hybrids. After making his fortune in real estate, car sales and racing, Oliver Kuttner built his car in Lynchburg, Virginia – an old industrial city about three hours south of Washington, D.C. He hired around 100 mechanics, designers, drivers from his racing days and others and proposed that they create a whole new kind of car, using ultra-light parts. “If you start with very light parts, you will need a smaller engine, smaller brakes, and less energy to power the car,” he told Deutsche Welle. … [Read more...] about German citizen wins American Auto XPrize of $5 million
For the first time, brands like Adidas and Apple have been able to apply for their own Top Level Domains (gTLDs) - or even secure generic "strings" like .sports and .music. After six years of debate, the Internet Corporation for Assigned Names and Numbers (ICANN) has embarked on an ambitious plan to liberalize Internet addresses. By expanding beyond the existing, small group of top level domains - such as .com, .org and .net - ICANN says it wants to drive competition and innovation on the Internet. At a press conference in London, ICANN chief executive Rod Beckstrom, revealed there had been 1,930 applications for new gTLDs. "This is an historic day for the Internet and the two billion people around the world that depend on it," Beckstrom said. More than half of the applications have come from North America, home to Internet giants like Google and Amazon - although Amazon, the retailer, lodged its applications through its Luxemburg office. Greater online visibility Google's chief … [Read more...] about Contest for new domain name endings heats up
China's property conglomerate Dalian Wanda Group is setting up a 5-billion-yuan ($814 million, 618 million euros) e-commerce platform with Internet majors Baidu and Tencent to rival Alibaba's dominance in the country's online market. Beijing-based Dalian Wanda, one of China's largest commercial real estate developers, will hold a 70-percent stake in the Hong Kong-registered joint venture, referred to now as Wanda e-commerce, #link:http://www.wanda-group.com/2014/latestnews_0829/754.html:the company announced Friday#. Baidu, China's largest search engine, and Tencent, Asia's largest listed technology company, will take 15 percent each. Dalian Wanda chairman Wang Jianlin added total funding in the project could reach 20 billion yuan within five years. The deal points to the intense competition China's Internet industry faces as the two tech giants try to break into the country's online payment and e-commerce markets. New service spectrum The new entity aims to integrate Wanda's … [Read more...] about Dalian Wanda sets up huge e-commerce platform to rival market leader Alibaba
It was 2009 when the first reports hit the Western media: China, the economic miracle, was erecting new cities at a breakneck speed all across the country. But nobody wanted to live in them. The pictures and anecdotes seemed to be a clear example of China's megalomania and looming real estate bubble. "But the full picture is more complicated than that, and every city tells a different story," Haishan Wu, data scientist at Baidu, China's ubiquitous search engine, told DW. Obtaining that full picture has been a major challenge in recent years, a period when reports of ghost cities mounted. Data on the phenomenon has been hard to come by, since the Chinese government does not release vacancy rates for residential buildings. That's why researchers have often resorted to unusual methods to get a grasp of the situation, counting lights in apartment windows or analyzing satellite data. Big Data reveals ghost towns To get a scientifically-based overview, Wu and his team at Baidu … [Read more...] about What has become of China’s ghost cities?
Although Alibaba's IPO is yet to happen, company founder Jack Ma is already the richest man in China - at least according to Bloomberg News, which recently put his fortune at $21.8 billion, sending him to the top of its billionaires' index. Unlike many of its western rivals, Alibaba has been highly profitable for years. In the first quarter of this year alone, it tripled its profit to nearly $1.99 billion. The Alibaba group of Internet-based e-commerce businesses not only sells more goods than eBay and Amazon combined, it also enjoys significantly higher profits. Until now, the richest man in China was Wang Jianlin, who made his money the old-school way - with real estate. He's slipped down the billionaires‘ index to 6th place. As far as returns are concerned, Ma is not even a stand-out case. In China, Internet businesses are flourishing, with digital entrepreneurs occupying second and third place on the country's rich list: Ma Huateng, founder of Tencent, the largest … [Read more...] about Opinion: What western rivals can learn from Alibaba IPO
2.3 trillion gigabytes of data are currently produced around the world every day - the equivalent of 1.15 trillion 2GB USB sticks, which laid down lengthwise next to each other would circle the earth almost 1.5 million times! It's a vast amount of data and while once upon a time we might have thought it had nothing to do with us, revelations about the information being tracked by international intelligence agencies and companies alike have proved that not to be the case. Surveillance is not only something that happens to people under suspicion of committing a crime - it happens to all of us . Daily. Now, as you read this story. Because over the course of a day a hell of a lot of data is collected, stored, and - depending on the laws of the country you live in - also analyzed by government agencies, research institutes and companies. We decided to go through a typical day and see exactly what data is being collected and how it could be being used:7am: A morning jog It's … [Read more...] about Transparent you: From data collection to data protection