When the global financial markets began to collapse in 2007, everybody turned on the banks and bankers — and they haven’t stopped since. But one of the culprits was a humble piece of mathematics: the Black-Scholes equation.
Continuing with their spring (summer?) cleaning, the government has elected to shut down 800 of their vast collection of 2000 data centres across the country over the next four years. Officials expect the pruning to save us billions.
You may not care the China controls over 95 per cent of the world’s supply of rare earth metals, but you might want to.
Many would be glad to see the Golden Arches topple for nutritional reasons, but some scientists think that with the human population growing and oil production past its peak, the era of cheap, abundant food is reaching its inevitable end.
Being among the first of the world’s networks to carry the iPhone practically guaranteed a flush few years. Also, apparently, network trouble. Take the UK’s O2, whose spokespeople seem to be reading from the same apologetic script as AT&T’s.
