The Wall Street Journal (paywall) reports, citing anonymous sources, that the action camera company is working on multi-rotor helicopters priced between $500 and $1,000 that feature its high-definition cameras. In a crowded market of recreational drones this holiday season, several are already designed to attach GoPro cameras, so it’s not surprising that the firm wants to go vertical.
1 hour ago
A top NATO general issues a warning about that Russian militarism.
Germany is creating a quota for women in company boardrooms.
Starting in 2016, a minimum of 30% of the country’s biggest companies’ supervisory boards need to be female. Similar legislation has already been passed in Italy, the Netherlands, Norway, and several other countries. “This law is an important step for equality because it will initiate cultural change in the workplace,” said German chancellor Angela Merkel.
2 hours ago
Europe wants the right to be forgotten to apply globally.
Because right now, when you submit a request to have a link scrubbed from Google’s European search engine, the American company complies, but not for search engines outside the continent. An EU working group wants this to change—it’s addressed in a set of guidelines the group will publish this week.
4 hours ago
China drafts its first domestic violence law.
Spousal abuse is being defined for the first time—critical in a country where state media reports that 40% of women in a relationship have been abused. If parliament passes the legislation, police will have to respond to domestic abuse complaints, and courts will have to issue restraining orders within two days of an incident.
4 hours ago
The EU unveils yet another plan to “kick-start” its economy.
It’s going to create a €315 billion ($394 billion) investment fund that’s comprised of €16 billion from its own budget, €5 billion from the European Investment Bank, and then the rest—as if by magic—will be conjured from as-yet unidentified investors. The fund will target investments in much-needed infrastructure improvements: transportation, internet, and energy.
November 25, 2014
Chart of the Moment
The US is politically polarized over Ferguson, as it is over everything.
This Twitter map shows how people with different political and racial backgrounds ignore each other.
4 hours ago
HSBC and Goldman Sachs are accused of metal price fixing.
The two companies, along with BASF and Standard Bank, have been sued by a US jeweler called Modern Settings for “front running”—sharing information about a client’s intent to purchase goods, in this case platinum and palladium, to make a profit. Modern Settings says this has been going on since 2007.