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Firechat was sparking interest in India, even before it became a mainstay of the Hong Kong protests

The BriefYour world right now

September 30, 2014

Nigeria gets its Ebola outbreak under control. All known Ebola patients in the country are now being treated and no new cases have been reported for a month. Senegal has also not had any new cases for a month, and its only patient has recovered from the virus.

39 mins ago

France will hits its twice-delayed deficit target, it swears. The slow European recovery has caused France to delay—yet again—its goal of reducing the public deficit to below 3%. It had aimed to reach EU-mandated debt levels by 2013, but now says it’ll only be able to do that in 2017. It will have to cut 50 billion euros from projected public spending between now and then.

4 hours ago

Adidas kicks off a shareholder charm offensive. As hedge funds prepare to push for management changes, the world’s second-largest sportswear maker will return €1.5 billion ($1.9 billion) to unhappy investors over the next three years through share buybacks, dividends, and other means. Adidas has issued three profit warnings already this year.

October 01, 2014

Reddit taps celebrities and Silicon Valley for funding. The social media site raised $50 million from rapper Snoop Dogg and actor Jared Leto along with venture capitalists  Marc Andreessen and Peter Thiel, valuing it at a reported $500 million. Investors will also give 10% of their shares to Reddit users, who monitor the site and perform crucial maintenance tasks.

October 01, 2014
Chart of the Moment

Who is paying for America’s $1.2 billion election cycle?

4 hours ago

A networking app from the Hong Kong protests is also a hit in India Firechat lets smartphone users communicate without an internet connection, or share connectivity where it’s scarce. Hong Kong pre-democracy protesters are using it to pre-empt a government internet crackdown, but in India it is helping to make the most of the country’s rickety communications infrastructure.

27 mins ago

India and the US will blast off into space together. NASA and India’s Space Research Organisation (ISRO) signed a pair of agreements yesterday that will see the two nations working together to launch an Earth-monitoring spacecraft by 2020 and to form a joint mission planning team that will be responsible for researching Mars. India could certainly teach NASA a thing or two about budget space travel.

4 hours ago

Caffeinated underwear is pulled from US shelves. The bras, girdles, and leggings were supposed to aid weight loss, but turned out to be decaf. Misled consumers will receive about $1.5 million in refunds.  

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