The Organization for Economic and Cooperation and Development (OECD), a forum of the top 34 developed economies, has released an annual education report, and guess what? The U.S. has once again ranked poorly in relation to many other developed countries. An article at TechCrunch argues that we needn't worry because it doesn't matter: "However, the report implies that education translates into gainful market skills, an assumption not found in the research. For instance, while Chinese students, on average, have twice the number of instructional hours as Americans, both countries have identical scores on tests of scientific reasoning. 'The results suggest that years of rigorous training of physics knowledge in middle and high schools have made significant impact on Chinese students’ ability in solving physics problems, while such training doesn’t seem to have direct effects on their general ability in scientific reasoning, which was measured to be at the same level as that of the students in USA,' wrote a team of researchers studying whether Chinese superiority in rote scientific knowledge translated into the kinds of creative thinking necessary for innovation."

c0lo writes "Not only did China decline to attend the upcoming Nobel peace prize ceremony, but urged diplomats in Oslo to stay away from the event warning of 'consequences' if they go. Possibly as a result of this (or on their own decisions), 18 other countries turned down the invitation: Pakistan, Iran, Sudan, Russia, Kazakhstan, Colombia, Tunisia, Saudi Arabia, Serbia, Iraq, Vietnam, Afghanistan, Venezuela, the Philippines, Egypt, Ukraine, Cuba and Morocco. Reuters seems to think the 'consequences' are of an economic nature, pointing out that half of the countries with economies that gained global influence during recent times are boycotting the ceremony (with Brazil and India still attending)."

An anonymous reader writes "Dr. Steve O'Shea of Auckland, New Zealand is attempting to break the record for keeping deep sea squid alive in captivity, with the goal of being able to raise a giant squid one day. Right now, he's raising the broad squid, sepioteuthis australis, from egg masses found in seaweed. This is a lot harder than it sounds, because the squid he's studying grow rapidly and eat only live prey, making it hard for them to keep the squid from becoming prey themselves. If his research works out, you might one day be able to visit an aquarium and see giant squid."

garylian writes "Massively is reporting that the South Korean Supreme Court has stated that virtual currency is the equivalent of real-world money. For those of you who might not be drawing the link, the core there is that selling in-game currency for real money is essentially just an exchange of currency and perfectly legal in South Korea. This could have sweeping implications for RMT operations the world over, not to mention free-to-play games and... well, online games in general. The official story is available online from JoongAng Daily."