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Venezuela hikes minimum wage 40% — to $67 a month

One dead, dozens injured in Venezuela protests Venezuela’s President Nicolas Maduro just increased the nation’s minimum wage by 40%. But that’s still not much in a world where inflation is expected to soar by nearly 500% this year and 1,660% next year, according to forecasts by the International Monetary Fund.

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Alphabet sales soar 20%, no thanks to Google's moonshots

Inside Google’s NYC pop-up shop The real moonshot at Google remains its advertising business. Google’s (GOOGL, Tech30) sales for the third quarter soared 20% to $22.45 billion on the success of its core business: online advertising. Its quarterly profit also jumped to $5 billion for the same reason. But one …

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The 10 People Who Globalized the World

Jeffrey Garten of Yale School of Management discusses how Genghis Khan, Mayer Amschel Rothschild, Margaret Thatcher, and others made the world more integrated. Garten is the author of From Silk to Silicon: The Story of Globalization through Ten Extraordinary Lives. Download this podcast

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Google's Daydream Labs Is Creating Virtual Reality In VR

The Internet connected us all—but what good is that if we can’t understand each other? Skype’s artificial-intelligence-based Translator is our digital Tower of ­Babel. It lets us talk to anyone, anywhere, regardless of mother tongue. Made available on Windows in late 2015, Translator uses layers of machine-learning algorithms. When a …

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