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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

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China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment scheme

Samsung Galaxy S3 bursts into flames – Is Apple going downhill?

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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July 9, 2013, 11:13 AM ET
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Fanny Schlatter, 18, with bandaged thigh and burned-out Galaxy S3

FORTUNE — Did you miss the report Monday about the Samsung Galaxy S3 that caught fire in the pants pocket of a Swiss teenager, sending out shoulder-high flames and inflicting second- and third-degree burns on her right thigh?

I’m not surprised. These things can happen in any device powered by lithium-ion batteries, and the news of such incidents tends to fly under the radar.

Unless, of course, the device that catches fire is made by Apple (AAPL). Then — whether it’s an iPod in Japan, a MacBook in California or an iPhone in Finland — the Internet lights up like a Christmas tree and doomsday pundits start weighing in.

Take, for example, this Your Gadget Guide video from last March titled “Apple iPhone 5 Catches Fire – Apple Going Downhill?”

http://youtu.be/Y6K3Ks-qSnU

Fair is fair. Where are the YouTube videos about Samsung’s decline?

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By Philip Elmer-DeWitt
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