The ranks of China's richest grew 3.8 percent last year
Together they made a fortune selling death machines, so why did Daddy abandon them?
If Scotland takes itself out of the U.K., it would probably make sense for the U.K. to remove Scotland from its flag
Xiaomi and Huawei aren't just bad for Xperia
Janet Yellen refuses to be pinned down on the meaning of a "considerable time" when it comes to when the Fed will start raising interest rates
A business card with a brain can be customized for different recipients
Domestic work has "historically been taken for granted and not accounted for in our economy,” says Ai-Jen Poo. “And yet without it, nothing else would be possible”
A new report shows that private colleges are forcing low-income students to pay up, while offering discounts to rich ones
A report finds high default rates on franchise loans
Entrepreneur: Sam Lessin, 25
Funding: Backed by $3.9 million from RRE Ventures and DFJ Gotham
Most of the stuff we put online—from photos on Flickr to videos on YouTube—is meant for public consumption. But what if you want to share something with a select group—and no one else? Once an employee at consulting firm Bain, Lessin set about to find an answer. So he founded Drop.io, which lets users create "drops," or spaces on the Web where they can store up to 100 megabytes for free or more for a fee. Only those who have the drop's URL can see what's there. Even Google and its powerful crawlers, which comb the Web link by link for data to organize and index, can't find it. Clients include MTV and independent record labels that use drops to distribute music.
Lessons learned: "Do what you're passionate about," says Lessin, who has seen a lot of friends at hedge funds lose their jobs. "I'm working hard at something I truly love."