When a 6.3 magnitude earthquake hit central Italy in 2009, more than 250 people died and around 65,000 people were left homeless. The tragedy inspired a group of designers to create a concept portable shelter that would be useful in emergency situations like this. Cyprian designer Letymbiotis Konstantinos made a concept portable shelter called the ‘Home-Economic...

Mobile phone maker Sony Ericsson revealed that it suffered a 71 million dollar loss in the second quarter due to the earthquake that hit Japan. The company sold only 7.6 million phone units in the second quarter, a 31 percent decrease year-on-year. Supply constraints due to the earthquake cut sales by 1.5 million units. “The second quarter profitability was affected...