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Music

+ - Prince angers retailers by giving album away free->

Submitted by babbling
babbling (952366) writes "Rock star Prince has given his latest album away free with a British Sunday tabloid, to the fury of music retailers. "It's direct marketing and I don't have to be in the speculation business of the record industry which is going through a lot of tumultuous times right now," he said when asked why he was giving his music away."
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Microsoft

+ - Bill Gates No Longer Richest Man 1

Submitted by Edis Krad
Edis Krad (1003934) writes "According to this article, Microsoft Chairman Bill Gates is no longer the richest man in the world. His place has allegedly been taken by Mexican Businessman Carlos Slim. From the article:

A Reuters report, citing analysis in the online financial publication Sentido Comun, says Bill Gates is no longer the richest person in the world. His wealth was surpassed by that of Mexican magnate Carlos Slim after shares in one of Slim's biggest holdings increased 27 percent in the second quarter.
While the change is due to Slim's gains (not Microsoft losses), could this be a sign of Microsoft's lack of ability to keep up with business?"
Enlightenment

+ - Toyota going 100% hybrid by 2020

Submitted by
autofan1
autofan1 writes "http://www.motorauthority.com/cars/toyota/toyota-c utting-hybrid-costs/ Toyota's vice president in charge of powertrain development, Masatami Takimoto, has said cost cutting on the electric motor, battery and inverter were all showing positive results in reducing the costs of hybrid technology and by the time Toyota's sales goal of one million hybrids annually is reached, it "expect margins to be equal to gasoline cars". Takimoto also made the bold claim that by 2020, hybrids will be the standard drivetrain and account for "100 percent" of Toyota's cars as they would be no more expensive to produce than a conventional vehicle."

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