Money Matters - Simplified


Internet access is a human right--UN report

The latest United Nations report declares internet access a basic human right.

New York Times to charge $15 for online content

The New York Times announced Thursday that it is erecting pay wall for access to its website and mobile apps, and will start charging its online readers starting March 28.

Libyan government shuts down internet

Soldiers of the autocratic Libyan regime have cut the nation from internet following blocking access to social networking sites such as Facebook. It seems a move to hide their abuses from the world, which are just a tweet away.

Crush the Market With 1 Stock and 1 Simple Rule

Over the years, much has been written about Warren Buffett's two rules for investing. They are:

  • Rule One: Never Lose Money
  • Rule Two: Never Forget Rule One

Aftermath of WikiLeaks Takedown: Operation Payback

 After WikiLeaks released thousands of diplomatic cables, companies began distancing themselves from the controversial site. Banks and payment processors such aseBay's (Nasdaq: EBAY) PayPal among others began cutting ties to the organization, denying users the ability to donate to the site, and the site's Web hosting provider, AMZN), decided WikiLeaks had violated its terms of service, and it stopped hosting the site.


The First Years latches recalled

Washington -- U.S. firm The First Years recalled 41,300 potentially ineffective cabinet swing locks meant to prevent access by children.

The latches sold as The First Years American Red Cross Cabinet Swing Locks can break, allowing children access to the cabinets and to potentially hazardous items, the U.S. Consumer Product Safety Commission said in a statement.

The safety latches were imported from China by Learning Curve Brands, doing business as The First Years of Oak Bluff, Ill. They were sold nationwide from September 2008 through last September for about $4 per pair.

Consumers were advised to remove the latches and record the date code on the back before contacting The First Years for a $5 coupon.

Kardashian's Odom wants access to kids

New York -- The husband of U.S. reality TV star Khloe Kardashian, LA Laker Lamar Odom, is reportedly suing his ex-lover to get access to their children.

Odom asked a judge Nov. 5 to set up a visitation schedule and establish "reasonable child support" for daughter Destiny, 12, and son L.J., 9, who live with their mother Liza Morales, 31, in Manhattan, The New York Post reports.

Morales said she's had to beg Odom to pay attention to the children in the past.

"Lamar basically checked out as a father four years ago," she told the Post. "They haven't had quality time in a long time."

Google offers free in-flight Wi-Fi to holiday travelers

Google is distributing free of cost in flight Wi-Fi connections to holiday travelers this season, company officials revealed on Monday.

EU mulls opening ISS to more countries

Brussels -- European countries not a part of the International Space Station program will be allowed access to the station in a three-year trial period, officials say.

European Space Agency officials say non-participating countries will be able to place experiments on the orbital complex in a trial that could provide a fresh revenue source for the project, reported Wednesday.

The proposal disclosed by ESA Director-General Jean-Jacques Dordain has been approved by the ESA governments financing the space station program and by NASA and the other station partners, ESA officials said.

Google reverses statement; now blames minor glitch for China blockage

Google Inc. on Thursday morning reported on its Chinese web-censorship monitoring page that once again its Chinese unfiltered search engine had been “fully blocked.”