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Digital Life
2:28 am
Thu January 10, 2013

In Video-Streaming Rat Race, Fast Is Never Fast Enough

Tommy Ingberg iStockphoto.com

Originally published on Fri January 11, 2013 12:55 pm

On average, YouTube streams 4 billion hours of video per month. That's a lot of video, but it's only a fraction of the larger online-streaming ecosystem. For video-streaming services, making sure clips always load properly is extremely challenging, and a new study reveals that it's important to video providers, too.

Maybe this has happened to you: You're showing a friend some hilarious video that you found online. And right before you get to the punch line, a little loading dial pops up in the middle of the screen.

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Planet Money
2:27 am
Thu January 10, 2013

The North Dakota Town Where A One-Bedroom Apartment Rents For $2,100 A Month

Yours, for $2,100 a month
Josh Marston

Originally published on Thu January 10, 2013 2:04 pm

A plain, one-bedroom apartment in Williston, N.D., rents for $2,100 a month. For this price, you could rent a one-bedroom apartment in New York City.

Williston is not New York City. There are 30,000 residents and one department store. The nearest city is two hours away.

Rents are so high in Williston because the town is in the middle of an oil boom. Unemployment is below 1 percent, and workers are flooding into town.

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Africa
2:25 am
Thu January 10, 2013

Clinics Come To The Rescue Of Ethiopia's Overworked Donkeys

A donkey bitten by a hyena is checked by a veterinarian as the owner calms the animal at The Donkey Sanctuary, a clinic near Ethiopia's capital, Addis Ababa, in 2005.
Boris Heger AP

Originally published on Thu January 10, 2013 7:32 pm

In Ethiopia, the donkey is more than just a beast of burden.

The Horn of Africa nation is home to more than 6 million donkeys and comes second only to China in global donkey numbers. The country is both donkey heaven and donkey hell, but though the animal is highly prized, it can also be mistreated.

"In Ethiopia, there's a good saying: 'A farmer without a donkey is a donkey himself,' " says Bojia Endebu, a veterinary surgeon and seasoned donkey doctor. "Because the donkey does lots of work, so they are very valuable for Ethiopian farmers."

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Europe
2:25 am
Thu January 10, 2013

Rubles For Minutes, Not Mochas, At Russian Cafe Chain

Tsiferblat, or Clockface Cafe, in Moscow draws a young crowd, from students to entrepreneurs. The cafe provides Wi-Fi, printers, books and art supplies. Drinks, snacks, atmosphere and the space are free. All customers pay for is time.
Courtesy Of Diana Derby

Originally published on Thu January 10, 2013 2:04 pm

Cafe life has taken hold in modern Russia. From Starbucks to local chains such as Kofe Khaus and Schokoladnitsia, there are lots of places to hang out, see and be seen.

It's a striking change in a country where, in Soviet times, the best an ordinary comrade could expect was a mug of tea in a workers canteen.

The world over, the basic contract between cafe and customer is this: You buy a drink or a snack, and you get to use the premises for as long as it takes to consume it.

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Your Money
2:24 am
Thu January 10, 2013

New Mortgage Rules Would Limit Risky Lending

New federal mortgage rules come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards.
Mel Evans AP

Originally published on Thu January 10, 2013 2:04 pm

The Consumer Financial Protection Bureau is releasing Thursday much anticipated new mortgage rules, which will restrict the kind of subprime lending practices that caused both the financial and housing sectors to crash five years ago.

The new rules come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards.

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