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developing world

PayPal Buys Zong To Ensure Its Mobile-Payments Future

PayPal has handed over nearly a quarter of a billion dollars to buy Zong, a leading provider of mobile payments. It's safe to say PayPal is serious about future innovations in mobile-pay tech.READ»

Record-Breaking Carbon Emissions Mean The Economy Has Recovered But We're Still Screwed

Stock prices, consumer spending, and carbon emissions have all rebounded now that the economy is back on track. Until we find a way to "decouple" growth from pollution, we'll be forced to choose between poverty and the planet.READ»

Developing Countries--The New Frontier?

It's been a couple of years since I last visited Peru, and more than five since I had an apartment in Chile, and these gaps highlight an unmistakable trend. The center of the world is shifting from the developed to the developing world. READ»

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Eye Phone: MIT Researchers Develop Ultra-Cheap, Smartphone-Based Eye Exam Tool

The tool is intended to make eye exams affordable in the developing world, and the creators are founding a startup to distribute it.READ»

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Nokero Solar-Powered Lightbulb Uses 200 Times Less Energy Than a Kerosene Lamp

Nokero, a Hong Kong-based company, has debuted the world's first solar-powered LED lightbulb. Costing $15, the Nokero N100 has kerosene lamps in its sights but, at $15 a pop (although that drops to $10 if you buy 48 or more) it's ...READ»

Infographic of the Day: Here's the Keys to the World Bank's Data Vault

Thousands of datasets--which used to cost thousands of dollars to access--are now free and easily browsable on the Web.READ»

Using Legos to Explain the World's Toughest Challenge, in the Next 50 Years

Dr. Hans Rosling is a legendary TED presenter: He's appeared there a half-dozen times, using stats in ingenious ways to dispel common myths about the developing world. A professor at Karolinska Institutet in Stockholm, he's got a ...READ»

Bill Gates Goes Nuclear With Toshiba's 4S Reactor

Bill Gates is going atomic. The Microsoft founder's startup TerraPower is partnering with Toshiba to build a traveling-wave reactor. These reactors run on depleted uranium, rather than the enriched sort found in light-water reactors, ...READ»

Picture This: A Digital Camera That Teaches Kids About Engineering and Technology

The BigShot build-it-yourself digital camera kit has adjustable lenses, gears and dynamo (the camera is powered with a hand crank), to teach kids about optics, mechanics and energy.READ»

Will the World's Cheapest Solar Lantern Pull in Profits While Igniting Economic Development?

When the sun goes down, much of the world goes dark. At-home productivity sinks--you can't read or learn without light--unless you can afford to buy kerosene, which emits noxious fumes. D.Light, a company that originated as a ...READ»

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IBM Introduces Linux-based Netbook Software Aimed at Developing World

The netbook sector is one of the hottest spaces in tech, so it’s no surprise that IBM has thrown its hat into the ring with its new Smart Work package. What is surprising is that the computer giant is angling for market share in ...READ»

Tata, Maker of the $2,000 Car, to Build $8,000 Apartments

Tata Motors, India's largest automobile company, has unveiled plans to build what might be the world's cheapest high-rise apartments--ranging in price from $7,800 to $13,400. The company is already famous for it's $2,000 ...READ»

Nine Ideas to Save the World, Inspired by Buckminster Fuller [UPDATED]

The visionary architect Buckminster Fuller believed that a single design could save the world. That ethos is being carried forward by the Buckminster Fuller Institute, which every year holds a contest to create a design with maximum ...READ»

An Artificial Knee, for Just $20

High-tech prosthetics can easily cost $50,000. They're a luxury usually afforded only to Westerners. But an engineer at Stanford has just unveiled an artificial knee that costs a mere $20. Last year, Joel Sadler was presented ...READ»

Paper House for Disaster Zones Makes 3 Little Pigs Jealous

Grandiosely titled The Universal World House, a new temporary home is being touted as a solution to homelessness and displaced persons in disaster areas around the world. And amazingly it's made of paper.Well, cellulose from recycled ...READ»