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New Eurofighter chief aims to make jet cheaper

PARIS (Reuters) - The new chief of the Eurofighter Typhoon will lay out plans by the end of this year to make the fighter jet cheaper and decision-making quicker, as the aircraft gears up to vie for more business in an increasingly crowded and competitive market.

Nvidia's stock jumps on license plan; Wall Street eyes Apple

(Reuters) - Shares of chipmaker Nvidia surged nearly 6 percent on Wednesday after the company said it plans to license its graphics technology, opening the door to new business with Apple, Samsung Electronics and other mobile device makers.

Google's chief legal officer live Q&A: eight things we learned

David Drummond, Google's senior vice president of corporate development and chief legal officer, took part in a live Q&A on Wednesday to answer questions about internet security, privacy and surveillance, and the NSA and Prism.

Google's chief legal officer denies company is 'in cahoots with NSA'

David Drummond reiterates firm's line over leaks and calls for global governmental action to regulate secret collection of data

Governments must codify regulations on silent data gathering so that users around the world can regain confidence in the use of the internet, Google's chief legal

Federal Reserve hints it could end stimulus program next year

Fed to continue bond-buying program for now but could ease off once unemployment falls to 7%, Ben Bernanke says

The US Federal Reserve has signalled that it will end its massive stimulus programme next year amid further signs of a split in the central bank's committee.

Thomas Heatherwick accused of plagiarism over Olympic cauldron

New York design studio says Heatherwick's concept and design 'looked identical' to something it proposed to Locog in 2007

As the polished copper petals of Thomas Heatherwick's Olympic cauldron rose up to form a striking flaming dandelion last July, gasps of awe and wonder echoed around the

New Orleans Cops Caught Filling Their Pockets With Red Light Camera Cash

Red light cameras have proven popular in certain communities (mainly the "law enforcement community"). They're a rather painless way to generate cash, both for the city itself and for the private contractors chosen to install and maintain the system.

Hollywood's New Talking Point: Gatekeepers Are Awesome

We've argued for years, that there are different kinds of middlemen involved in making markets. Some are efficient, leading to better reach, easier access, and more convenient transactions, while some are inefficient, blocking access, keeping prices inflated, and generally limiting a market.

Bumi's directors criminally liable for poor records, claims Pirc

All of Bumi's 11 directors have committed a "criminal offence" by failing to ensure that the coal mining group's Indonesian businesses keep proper accounting records, shareholder lobby firm Pirc has claimed.

How Prescriptive Analytics Could Harness Big Data to See the Future

Big Data information sets too large to be effectively computed on desktop systems isn't just the buzzword du jour. It provides an unprecedented ability for business and industry to precisely model the effects of past managerial decisions on the bottom line.