Archive for the 'Elite' Category

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8 Men as Rich as Half the World

January 15th, 2017

Get yourself a side hustle and a podshare. Via: ABC: The gap between the super-rich and the poorest half of the global population is starker than previously thought, with just eight men, from Bill Gates to Michael Bloomberg, owning as much wealth as 3.6 billion people, according to an analysis by Oxfam released Monday. Presenting […]

Facebook: Building 8

January 12th, 2017

Wikipedia: Transcranial Pulsed Ultrasound: Defense Advanced Research Projects Agency (DARPA) is undergoing research to develop a helmet that could control the minds of soldiers through the use of TPU. It would have the potential to control a soldier’s stress and anxiety levels with the click of a remote controlled button.[5] Sound waves would target specific […]

The One About Amazon’s Floating Warehouses

December 29th, 2016

My guess about this one is that it’s a joke—something like Elon Musk’s tunnel boring tweets. Assuming that it would be physically possible to float hundreds of tons of merchandise over a city (forget about the FAA for a moment), what would the economics of that look like? In any event, Jeff Bezos will probably […]

World’s Largest Hedge Fund to Replace Managers with Artificial Intelligence

December 22nd, 2016

Via: Guardian: The world’s largest hedge fund is building a piece of software to automate the day-to-day management of the firm, including hiring, firing and other strategic decision-making. Bridgewater Associates has a team of software engineers working on the project at the request of billionaire founder Ray Dalio, who wants to ensure the company can […]

Donald Trump Wins Electoral College Vote

December 19th, 2016

Via: MarketWatch: Donald Trump was easily affirmed the winner of the 2016 election after the Electoral College met in state capitals across the country Monday, ending last-ditch attempts by activists in both parties to deny him the presidency. A vote of Texas’ 38 electors in Austin gave Trump the necessary Electoral College votes to become […]

Execs Representing Companies Worth $3 Trillion Met with Trump

December 15th, 2016

Via: CNBC: Whoa, that’s a lot of dough walking around in Trump Tower. President-elect Donald Trump’s mega technology summit in New York on Wednesday hosted leaders of companies that have a combined market value of more than $3 trillion. That’s more than the GDP of many countries, including, the United Kingdom, France and India, according […]

Trump Picks Exxon CEO Rex Tillerson for Secretary of State

December 13th, 2016

Via: BBC: President-elect Donald Trump has confirmed the chief executive of Exxon Mobil, Rex Tillerson, as his choice for US secretary of state. In a statement, Mr Trump praised Mr Tillerson, 64, as among the “most accomplished business leaders and international dealmakers” in the world. Mr Tillerson is said to have a good relationship with […]

#familyreasons: Prime Minister John Key Named as Ideal Candidate to Head International Monetary Fund

December 6th, 2016

Unbelievable. Alternate tag: #mrleesgreaterhongkong Via: New Zealand Herald: Outgoing Prime Minister John Key has been tipped as a potential candidate to head the International Monetary Fund, an appointment signed off by US President Barack Obama. An article on MSC Newswire says Key’s background in international finance would make him an ideal candidate to replace Christine […]

Trump’s Pick for Treasury Secretary: Former CIO at Goldman Sachs, Helped Start George Soros Investment Fund

November 30th, 2016

L.A. Times background from a couple of weeks ago: Mnuchin, chief executive of New York-based hedge fund Dune Capital Management, spent 17 years early in his career at Goldman Sachs, where he was a partner and eventually chief information officer, before leaving in 2002. He then started an investment fund with billionaire investor George Soros, […]

Trump’s Jesuit/Catholic Transition Team

November 29th, 2016

Something? Nothing? Coincidence? Reddit Research Credit: RB

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