Archive for the 'Economy' Category
We Are All Prisoners of the Surveillance State
June 20th, 2018Via: The Rutherford Institute: We now find ourselves in the unenviable position of being monitored, managed and controlled by our technology, which answers not to us but to our government and corporate rulers. Consider that on any given day, the average American going about his daily business will be monitored, surveilled, spied on and tracked […]
General Electric Loses Place in Elite Dow Jones Industrial Average
June 19th, 2018Disclosure: I sell solar power systems in New Zealand. — Via: Reuters: General Electric Co has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new blow to a company that once towered over the American business landscape but is now struggling to retain […]
Tesla Model 3: Musk Claims ‘Extensive and Damaging Sabotage’ by Employee
June 18th, 2018Via: CNBC: Tesla CEO Elon Musk sent an email to all employees on Monday morning about a factory fire, and seemed to reference possible sabotage. Now, CNBC has learned that Musk also sent an e-mail to all employees at Tesla late on Sunday night alleging that he has discovered a saboteur in the company’s ranks. […]
Trump Orders Creation of Space-Focused U.S. Military Branch
June 18th, 2018Oh sure, it’ll make the Pentagon more efficient: At incinerating trillions of taxpayer dollars. Also, there’s Carol Rosin’s account of her time with Wernher Von Braun, which might finally be coming into play: The strategy that Wernher Von Braun taught me was that first the Russians are going to be considered to be the enemy. […]
White House Announces 25 Percent Tariff on Chinese Tech Goods
June 15th, 2018Via: The Verge: Today, President Trump announced an aggressive new set of tariffs against China, setting a 25 percent import tax on $50 billion worth of “industrially significant technologies” imported from China. In previous discussions, China has threatened to retaliate against such tariffs, stoking fears of a far-reaching and unpredictable trade war between the countries. […]
Microsoft Takes Aim at Amazon with Push for Checkout-Free Retail
June 14th, 2018Via: Reuters: Microsoft Corp is working on technology that would eliminate cashiers and checkout lines from stores, in a nascent challenge to Amazon.com Inc’s automated grocery shop, six people familiar with the matter told Reuters. The Redmond, Wash.-based software giant is developing systems that track what shoppers add to their carts, the people say. Microsoft […]
One in Three Americans Take Meds with Depressive Side Effects
June 12th, 2018Via: AFP: One third of Americans are taking prescription and over-the-counter drugs, such as birth control pills, antacids and common heart medications, that may raise the risk of depression, researchers warned on Tuesday. Since the drugs are so common, people may be unaware of their potential depressive effects, said the report in the Journal of […]
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 […]
