Quote of the day by Peter Thiel. PayPal founder Peter Thiel contradicted the well-known business lesson that being the first mover in a sector has its own advantage and suggested that it is highly overrated and a trap. Because first-movers can become unseated by a new entrant and he supported his theory by citing how…

Quote of the day by Michael Bloomberg. In a professional world caught between working smart and working hard, Michael Bloomberg always maintained that he favored hard work because he was no genius. Today, this stands as a controversial piece of advice, but it remains the core principle that sustained his business career and his time…

indian student Akash Das was arrested and charged with vehicular homicide (Photo: WPBF) Indian student Akash Das was behind the wheel when his Cadillac SUV collided with an Audi sedan, and the 81-year-old driver of the Audi, Gary Neal Fields, died. The accident took place in July, and Das was arrested in August and his…

Echo 1 passes over NASA’s Goldstone Tracking Station on August 12, 1960, with the antenna and star trails visible. (Nasa photo) Exactly sixty-six years ago from today, on August 12, 1960, NASA launched Echo 1A, a 100-foot-diameter balloon that became the agency’s first successful communications satellite. Unlike modern communication satellites, Echo 1A did not actively…

Amid repeated attacks on shipping and growing risks to alternative energy routes, Gulf states may be forced to accept a deal they do not fully support Persian Gulf energy producers are reportedly becoming increasingly resigned to Iran retaining significant control over the Strait of Hormuz, as efforts to reopen the vital waterway face a standoff…

Brits queue for hours as glasses sell out. Hundreds of people across the UK are scrambling to get certified solar eclipse glasses ahead of Wednesday evening’s partial solar eclipse, with stocks selling out at shops and online stores.Long queues have been reported in London, Exeter, Wales and Kent, with some shoppers waiting for hours to…