Archive for the 'Economy' Category
Uber’s First Self-Driving Fleet Arrives in Pittsburgh This Month
August 18th, 2016Via: Bloomberg: Starting later this month, Uber will allow customers in downtown Pittsburgh to summon self-driving cars from their phones, crossing an important milestone that no automotive or technology company has yet achieved. Google, widely regarded as the leader in the field, has been testing its fleet for several years, and Tesla Motors offers Autopilot, […]
Clinton Foundation Hacked?
August 17th, 2016Via: Reuters: Bill and Hillary Clinton’s charitable foundation hired the security firm FireEye to examine its data systems after seeing indications they might have been hacked, according to two sources familiar with the matter. So far, no message or document hacked from the New York-based Clinton Foundation has surfaced in public, the sources said. One […]
Walmart’s Out-of-Control Crime Problem
August 17th, 2016Via: Bloomberg: Police reports from dozens of stores suggest the number of petty crimes committed on Walmart properties nationwide this year will be in the hundreds of thousands. But people dashing out the door with merchandise is the least troubling part of Walmart’s crime problem. More than 200 violent crimes, including attempted kidnappings and multiple […]
Ford: Driverless Cars by 2021
August 17th, 2016Via: NBC: Most major automakers — and a number of automotive start-ups — are racing to develop the first hands-free vehicles. Nissan, for one, hopes to have a fully autonomous car in production by 2020. But Ford says it will go a step beyond. It has announced plans to eliminate the driver entirely when it […]
Debtors’ Prisons: Life Inside America’s For-Profit Justice System
August 17th, 2016Part 1 Part 2
Cisco Systems to Lay Off About 14,000 Employees
August 17th, 2016Via: Reuters: Cisco Systems Inc is laying off about 14,000 employees, representing nearly 20 percent of the network equipment maker’s global workforce, technology news site CRN reported, citing sources close to the company. San Jose, California-based Cisco is expected to announce the cuts within the next few weeks, the report said, as the company transition […]
Soros Nearly Doubles Down Bearish Bet Against S&P 500
August 16th, 2016Via: Market Watch: Billionaire investor George Soros, who rose to fame and fortune by betting against sterling in 1992, on Monday showed his latest hand: nearly doubling down on his bearish bet against the market. The 86-year-old’s fund, Soros Fund Management LLC, disclosed in a regulatory filing it had increased its bet against the S&P […]
Aetna Ditching 70% of Its Obamacare Business
August 16th, 2016Via: Business Insider: Aetna, one of the country’s five largest health insurers, announced on Monday evening that it would be pulling out of nearly 70% of the counties in which it offers coverage under the Affordable Care Act. The firm said that after a review of its public-health-exchange business it determined that the nearly $300 […]
How CIA’s Palantir Wired Washington
August 14th, 2016Via: Politico: When a little-known Silicon Valley software startup began vying for national security contracts, it went up against an entrenched bureaucracy and opposition from major contractors skilled in the Washington game. But quickly, Palantir began pulling pages from the defense industry’s own playbook — bulking up on lobbyists, challenging the Pentagon’s contracting rules and […]
A Big Leap for an Artificial Leaf *
August 11th, 2016* “Commercializing the technology will likely take years.” Indeed, there are posts about Nocera’s various artificial leaf iterations on Cryptogon going back almost a decade… Via: MIT Technology Review: Daniel Nocera, a professor of energy science at Harvard who pioneered the use of artificial photosynthesis, says that he and his colleague Pamela Silver have devised […]
