Archive for the 'Economy' Category
AT&T Buys Time Warner for $85 Billion
June 12th, 2018Insane, anticompetitive, Soviet-style vertical integration. So it goes… Via: Los Angeles Times: In the aftermath of a federal judge’s approval Tuesday of the mega-merger between AT&T and Time Warner, you’ll be reading about how this deal will vastly remake the entertainment and information landscape, most likely at consumers’ expense. That take is absolutely true. What’s […]
Solar Has Overtaken Gas and Wind as Biggest Source of New U.S. Power
June 12th, 2018Disclosure: I sell solar power systems in New Zealand. — Via: Bloomberg: Despite tariffs that President Trump imposed on imported panels, the U.S. installed more solar energy than any other source of electricity in the first quarter. Developers installed 2.5 gigawatts of solar in the first quarter, up 13 percent from a year earlier, according […]
Two Quantum Computing Bills Are Coming to Congress
June 12th, 2018Disclosure: I am long Quantum Resistant Ledger (QRL). — Via: Gizmodo: Quantum computing has made it to the United States Congress. If this field of quantum information is the new space race, the US doesn’t want to fall behind. After all, China has funded a National Laboratory for Quantum Information Sciences, set to open in […]
Sweden Tries to Halt Its March to Total Cashlessness
June 12th, 2018Via: Bloomberg: A key committee of Swedish lawmakers wants to force the country’s biggest banks to handle cash in an effort to halt the nation’s march toward complete cashlessness. … The move is a response to Sweden’s rapid transformation as it becomes one of the most cashless societies in the world. That’s led to concerns […]
Vote to End Fractional Reserve Banking in Switzerland
June 10th, 2018Via: Reuters: A radical plan to transform Switzerland’s financial landscape by barring commercial banks from creating money when they lend looked set to fail, according to initial projections on Sunday. … The vote, called under Switzerland’s system of direct democracy after gathering more than 100,000 signatures, wanted to make the Swiss National Bank (SNB) the […]
Inside Tesla’s Model 3 Factory
June 9th, 2018There are some interesting photos of the Model 3 assembly line in this piece. Via: Bloomberg: On the Model 3 body line on a Tuesday afternoon in early June, everything is still. Tesla Inc. is just coming off a week of downtime during which workers added a new production line, improved ventilation after a fire […]
Netherlands: 3D Printed Houses
June 9th, 2018Five. It would be much more interesting if the number was 5,000 or 50,000. Well, it’s early days. This reminds me… I recently read an interesting sci-fi/cyberpunk/dystopia novel called Voidstar by Zachary Mason. In the near future, the sprawling favelas that exist between San Francisco and Los Angeles have been 3D printed by autonomous machines. […]
Amazon Using Over 100,000 Warehouse Robots
June 4th, 2018Warehouse robots to the horizon… Via: MIT Technology Review: Amazon’s fleet of automated warehouse robots, now more than 100,000 machines strong, is working alongside human employees to help meet the e-commerce giant’s massive fulfillment demand. The company’s robots carry inventory around massive warehouse floors, compiling all the items for a customer’s order and reducing the […]
20 Years Of Socialist Utopia In Venezuela Summed Up In 20 Seconds
May 27th, 2018Via: ZeroHedge: This is the result of almost 20 years of socialist revolution in Venezuela. A sad reality. #Chavismo #May22 pic.twitter.com/vS58mxF8hj — Michael Welling (@WellingMichael) May 22, 2018
Pentagon Worked with “Private-Sector Organizations” on Plan to Verify Identity with Mobile Phones
May 23rd, 2018Via: Nextgov: The Defense Department is funding a project that officials say could revolutionize the way companies, federal agencies and the military itself verify that people are who they say they are and it could be available in most commercial smartphones within two years. The technology, which will be embedded in smartphones’ hardware, will analyze […]
