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Millionaires Fair

 
Now most of us entrepreneurs may risk some or even all of our money on a business idea and lose it! But imagine when a trader in the Indian state of Bihar has lost his life savings after termites infesting his bank’s safe deposit boxes ate them up.
Dwarika Prasad had deposited currency notes and investment […]

 
The UK Treasury is facing a £3.5m bill, because of VAT wrongly imposed on a Marks and Spencer teacake, the European Court of Justice (ECJ) has ruled.
Customers paid VAT for 20 years before the authorities accepted the product was a cake, which does not command VAT.
The UK argued that paying back the total sum would […]

 
UKpreneur loves a story about domains making big money!
A US man has sold the domain name pizza.com for $2.6m (£1.3m) - after maintaining the site for just $20 a year since 1994.
Chris Clark, 43, accepted the offer from an anonymous bidder after a week-long online auction.
“It’s crazy, it’s just crazy,” Mr Clark, who lives in […]

 
Bill Randle is a survivor. A bank executive turned tech entrepreneur, Randle has managed to keep his software start-up alive for nearly eight years against all odds. There was the implosion of two huge and critical deals, a dispute with prospective customer Wells Fargo, and, through it all, investors with increasingly cold feet. Then, last […]

 
Two million e-mails are sent every minute in the UK. That is almost three billion each day. But what is the real cost of this information overload?
We can spend up to half our working day going through our inbox, leaving us tired, frustrated and unproductive.  A recent study found one-third of office workers suffer from […]

 
I have just heard that Google and gas pump maker Gilbarco Veeder-Root have announced a partnership that will bring Google Maps down to earth and provide driving directions, local search, and coupons to 3,500 Internet-enabled gas pumps across the US.
A great idea but isn’t this a little too late? With the modern day sat nav […]

 
Turns out, Coca Cola may be plotting a new version of Sprite that actually chills itself upon opening. Apparently, the drink has to be kept at a specified temperature before being snapped up, and once the oh-so-thirsty consumer pops the top, “a mechanism inside creates ice made from the drink, so it is not diluted.”
Reportedly, […]

Residents of the town of Varallo in northwestern Italy are turning kilos into euros through a communal diet project initiated by the mayor.
Men who lose 4 kg (9 lbs.) in a month will receive €50 ($70). Women will get the same amount for losing 3 kg (7 lbs.). If they keep the weight off for […]

 
Chances are that Louis Michaud is one of very few people who spend their days trying to make tornadoes. A year ago, the retired petrochemical engineer put together what looked a bit like a high-tech kiddie swimming pool. Only rather than splashes, this pool tends to generate twisters about as high as the garage.
Michaud is […]