Archive for the 'Economy' Category

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The 265 Members of Congress Who Sold You Out to ISPs, and How Much It Cost to Buy Them

March 29th, 2017

Hint: Not much. Via: The Verge: Republicans in Congress just voted to reverse a landmark FCC privacy rule that opens the door for ISPs to sell customer data. Lawmakers provided no credible reason for this being in the interest of Americans, except for vague platitudes about “consumer choice” and “free markets,” as if consumers at […]

Daimler Moving Electric Car Plans Forward by Three Years

March 29th, 2017

Via: Reuters: Mercedes-Benz owner Daimler (DAIGn.DE) is accelerating its electric car program, it said on Wednesday after announcing that it had failed to cut fleet emissions in Europe for the first time since 2007. Daimler put its emissions numbers down to customers increasing preference for sports utility vehicles (SUVs), which tend to be more polluting […]

Domino’s Will Begin Using Robots to Deliver Pizzas in Europe

March 29th, 2017

Via: Bloomberg: Starship Technologies, the London-based company that has created six-wheeled self-driving delivery robots, will begin taking customers Domino’s pizzas in Germany and the Netherlands. Starship, launched in July 2014 by two former Skype co-founders, Ahti Heinla and Janus Friis, will whisk pizzas to customers’ doors if they live within a one-mile radius of certain […]

‘We Are the Biological Boot-Loader for Digital Super-Intelligence’

March 27th, 2017

While centered around Elon Musk, this piece also takes a broader look at where AI is headed, and some of the personalities involved. Everyone has heard of AI, but superintelligence is where the crazy comes out. If you don’t know what superintelligence is, and you like stuff that straddles the line between sci-fi and fantasy, […]

Populism Is the Result of Global Economic Failure

March 27th, 2017

Via: Guardian: The rise of populism has rattled the global political establishment. Brexit came as a shock, as did the victory of Donald Trump. Much head-scratching has resulted as leaders seek to work out why large chunks of their electorates are so cross. The answer seems pretty simple. Populism is the result of economic failure. […]

The Privacyless, Freedomless Smart City of 2030 the Elite Are Engineering

March 27th, 2017

Via: Truthstream Media: Research Credit: rb

Uber to Suspend Autonomous Tests After Arizona Accident

March 26th, 2017

Via: Bloomberg: Uber Technologies Inc. is suspending its self-driving car program after one of its autonomous vehicles was involved in a high-impact crash in Tempe, Arizona, the latest incident for a company reeling from multiple crises. In a photo posted on Twitter, one of Uber’s Volvo self-driving SUVs is pictured on its side next to […]

‘Wright Brothers Moment for Space’

March 24th, 2017

Via: Bloomberg: If the rocket Elon Musk’s SpaceX expects to launch next week looks familiar, that’s because it is. The Falcon 9 rocket slated to take off from Kennedy Space Center in Cape Canaveral, Florida, has flown before, marking the first time Space Exploration Technologies Corp. will refly one of the 14-story-tall boosters it recovered […]

Sears: Going Concern Warning

March 22nd, 2017

Via: Bloomberg: Sears Holdings Corp. suffered its worst stock decline in six weeks after acknowledging “substantial doubt” about its future, raising fresh concerns about whether a company that was once the world’s largest retailer can survive. Sears added so-called going-concern language to its latest annual report filing, suggesting that weak earnings have cast a pall […]

One-Third of Americans Would Have Trouble Coming Up with $2,000 for an Emergency

March 22nd, 2017

Via: MarketWatch: About a third of consumers say they would have trouble coming up with an emergency $2,000, according to a new study released Monday. The New York Fed, as part of its survey of consumer expectations, has begun releasing the answers to questions about financial fragility. The study found around 67% said they were […]

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