Miscellany

Miscellany

'Nudge' theorist Thaler wins Economics Nobel

US academic Richard Thaler, who helped popularise the idea of “nudging” people towards doing what was best for them, won the 2017 Nobel Economics Prize on Monday for his work on how human nature affects supposedly rational markets. Influential in the field of behavioural economics, his research showed how traits such as lack of self-control and fear of losing what you already have, prompt decisions that may not have the best outcome in the longer term.

Online hiring looks positive with onset of festival season

With the onset of festive season, recruitment activities by India Inc have started looking positive and are expected to continue growing for the next six months. Online hiring in September registered 15 per cent year-on-year growth, while the net employment outlook for the coming six months is expected to see an incremental growth, find studies.

The Monster Employment Index found 15 per cent growth in online hiring in September. Of the 27 industry sectors monitored by the Index, 22 sectors saw increased demand. 

High-rise forests take root globally

As balconies bristle with tree branches and sunshine dapples the leaves of thousands of plants, two apartment buildings in the heart of Milan have almost disappeared under lush forest.

The brainchild of Milanese architect Stefano Boeri, the Bosco Verticale (Vertical Forest) uses more than 20,000 trees and plants to adorn the high-rise buildings from top to bottom - a project now being exported all over the world, from China to the Netherlands.

Mind-boggling Math could make blockchain work for Wall Street

A major breakthrough in cryptography may have solved one of the biggest obstacles to using blockchain technology on Wall Street: keeping transaction data private.

Known as a “zero-knowledge proof,” the new code will be included in an October 17 upgrade to the ethereum blockchain, adding a level of encryption that lets trades remain private. Previously, users were able to remain anonymous but transactions were verified by allowing everyone on the network to see them.

Trio awarded Nobel prize for 'cool' method to study molecules

A trio of Swiss, American and British scientists won the 2017 Nobel chemistry prize on Wednesday for developing cryo-electron microscopy, allowing researchers to see biological molecules frozen in action.

The work by Jacques Dubochet, Joachim Frank and Richard Henderson makes it possible to image proteins and other molecules after freezing them rapidly to preserve their shape, providing a powerful new tool for medical research.

Nobel Literature Prize: Controversy, fame and flops

Ahead of the announcement on Thursday of this year's Nobel Literature Prize laureate, here is a look at some of the controversies down the years since the prestigious title was first awarded in 1901.    

The 1964 laureate French philosopher Jean-Paul Sartre, whose political philosophy was partly based on the criticism of institutions, was the first writer to refuse the prize. He wrote that he "always declined official honours".

Gravitational waves finding begets Nobel

Three US scientists won the 2017 Nobel prize for physics on Tuesday for opening up a new era of astronomy by detecting gravitational waves, ripples in space and time foreseen by Albert Einstein a century ago.

The work of Rainer Weiss, Barry Barish and Kip Thorne crowned half a century of experimental efforts by scientists and engineers.

Literature Nobel to be declared on Oct 5

The Swedish Academy will announce the Nobel Literature Prize laureate on Thursday, it said, turning the page on last year's shock pick of Bob Dylan which divided the literary world.

"The Swedish Academy has decided to announce the name of this year's Nobel Literature Prize laureate on Thursday, October 5, at 1:00 pm" (1100 GMT), the Academy wrote on its website on Monday.

The announcement will enable the 18 Academy members to draw a line under the Dylan debacle.

US 'body clock' scientists win Nobel prize

US scientists Jeffrey Hall, Michael Rosbash and Michael Young won the 2017 Nobel prize for medicine on Monday for unraveling molecular mechanisms that control our internal body clocks.

These help explain how people experience jet lag when their internal circadian rhythms get out of sync, while also having wider implications for disorders ranging from insomnia to depression to heart disease.

Kalanick rekindles power struggle at Uber

Uber Technologies Inc co-founder Travis Kalanick said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief executive. Kalanick’s move on Friday sought to pre-empt a move by new Chief Executive Dara Khosrowshahi to restructure the board and gain greater control, a person familiar with the co-founder’s decision said.

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