Archive for the 'Economy' Category

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Accounting Error: Pentagon Likely to Acknowledge 2,000 U.S. Troops in Syria

November 24th, 2017

I’m so confident that the accurate number is going to be reported now. haha Via: Reuters: The Pentagon is likely to announce in the coming days that there are about 2,000 U.S. troops in Syria, two U.S. officials said on Friday, as the military acknowledges that an accounting system for troops has under-reported the size […]

Facial Recognition Is Tracking Customers as They Shop in Stores

November 24th, 2017

Via: CNBC: Retailers are using facial recognition to collect data about customers as they shop in stores, according to an IT company with insight into the space. “One of the big things brick-and-mortar retailers are getting into now is knowing their customers … tracking who’s entering their mall and how they’re behaving,” said Mark Lunt, […]

Tesla Completes Construction of 129 Megawatt Hour Battery

November 23rd, 2017

Via: Independent: Tesla Inc has completed construction of the world’s largest lithium ion battery in Australia, putting it on track to meet a 100-day deadline for switching the battery packs on, the South Australian government said on Thursday. Tesla won a bid in July to build the 129 megawatt hour battery for South Australia, the […]

Ethereum Now Handles More Transactions Than All Digital Currencies Combined

November 23rd, 2017

I’ve added an Ethereum address to the Support page, for anyone who wants to help out Cryptogon with Ethereum. And thanks to the people who sent Bitcoin, Bitcoin Cash and regular currency contributions recently. Via: Trusted Nodes: Ethereum, the barely two years old digital currency, now processes more transactions than all other digital currencies combined, […]

‘American Mercenaries Are Torturing’ Saudi Elite???

November 23rd, 2017

It’s the Daily Mail, so… Via: Daily Mail: Saudi princes and billionaire businessmen arrested in a power grab earlier this month are being strung up by their feet and beaten by American private security contractors, a source in the country tells DailyMail.com. The group of the country’s most powerful figures were arrested in a crackdown […]

Apple iPhone X Is Reportedly Assembled with Illegal High-School Student Labor

November 21st, 2017

Via: CNBC: Apple supplier Foxconn has been employing students illegally work overtime to help assemble the iPhone X, the Financial Times reported Tuesday. Six high school students told the Financial Times they would usually work 11-hour shifts to help manufacture Apple’s flagship phone at a factory in Zhengzhou, China. The long hours breach Chinese laws […]

MI6’s Secret ‘Multi-Million Pound’ Cold War Slush Fund

November 21st, 2017

Via: BBC: What was it for? C’s answer in 1952 is revealing. “He thought it right to have a large sum to meet such contingencies as (a) a very large inducement to some person in an absolutely key position, or (b) the Vote for the Service being drastically cut in some political emergency in a […]

The Driverless Revolution May Exact a Political Price

November 21st, 2017

Via: Los Angeles Times: In its race to embrace driverless vehicles, Washington has cleared away regulatory hurdles for auto companies and brushed aside consumer warnings about the risk of crashes and hacking. But at a recent hearing, lawmakers absorbed an economic argument that illustrated how the driverless revolution they are encouraging could backfire politically, particularly […]

The Fixers Using Recycled Laptop Batteries to Power Their Homes

November 20th, 2017

Thanks for everything you do, Jehu. Jehu Garcia – YouTube Via: Vice:

Say Hello to $3 Trillion in Forgotten Debt

November 17th, 2017

Via: Bloomberg: Companies have been on a borrowing binge, but you wouldn’t always know the full scale of their liabilities by looking at the balance sheet. This makes it hard for investors to compare businesses that fund their activities in different ways. Happily though, that’s about to change. How come? The answer is buried in […]

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