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The new iPad Air 2 and iPhone 6 Plus have changed my mind about the iPad mini

The BriefYour world right now

5 hours ago

IBM can’t even give its chip business away.

  Big Blue has agreed to pay GlobalFoundries $1.5 billion to take its money-losing chip manufacturing unit off its hands, sources told Bloomberg. IBM will receive $200 million in assets to defray the cost slightly, and will receive crucial processors from GlobalFoundries under a new 10-year agreement.  
5 hours ago

Shinzo Abe loses a key minister to scandal.

  Yuko Obuchi, a trade and industry minister appointed as part of the prime minister’s drive to include more women in government, resigned over allegations of misused funds. The loss of Obuchi comes as Abe’s approval rating has slipped to 48.1%: for most of last year he enjoyed an approval rate around 60%, much higher than his predecessors.
4 hours ago

Joko Widodo was sworn in as Indonesia’s president.

  The 53-year-old is the country’s first leader not to come from Indonesia’s military or political elite. Two-thirds of the country’s parliament is still controlled by an opposition coalition.  
October 18, 2014
Chart of the Moment

Adjusted for inflation, most US families are no wealthier than they were in 1986.

October 17, 2014

Snapchat finally has a business model.

  The company behind the self-destructing-messages app notified US users that they soon will start to see advertising in the “recent updates” section of the app. “It’s going to feel a little weird at first,” Snapchat warned in a blog post explaining why the company has finally surrendered to commercial interests.  

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