Archive for the 'Economy' Category
Ship Operators Explore Autonomous Sailing
August 31st, 2016Via: Wall Street Journal: “All hands on deck” may become a thing of the past. Ship designers, their operators and regulators are gearing up for a future in which cargo vessels sail the oceans with minimal or even no crew. Advances in automation and ample bandwidth even far offshore could herald the biggest change in […]
Driverless Taxi Firm Eyes Operations in 10 Cities by 2020
August 29th, 2016Via: AFP: A US software firm which chose Singapore for the world’s first public trial of driverless taxis hopes to be operating in 10 Asian and US cities by 2020, an executive said Monday. Doug Parker, nuTonomy’s chief operating officer, said the firm is eyeing tests by early next year in three other Asian countries […]
German Savers Lose Faith in Banks, Stash Cash at Home
August 29th, 2016Via: Wall Street Journal: German savers are leaving the security of savings banks for what many now consider an even safer place to park their cash: home safes. … Savers now face the prospect of being charged fees on their deposits. Some companies and large private depositors already incur charges. The latest such sign that […]
Amazon and the CIA Want to Teach AI to Interpret Satellite Imagery
August 25th, 2016Via: MIT Technology Review: Why can’t computers watch the Earth from above and automatically map our roads, buildings, and trash heaps? Satellite operator DigitalGlobe is teaming up with Amazon, the venture arm of the CIA, and chipmaker Nvidia to try to make it happen. In a joint project, DigitalGlobe today released satellite imagery depicting the […]
New Zealand: Domino’s to Test Pizza Delivery Drones
August 24th, 2016Via: NZ Herald: Aerial pizza delivery may sound futuristic but Domino’s has been given the green light to test New Zealand pizza delivery via drones. The fast food chain has partnered with drone business Flirtey to launch the first commercial drone delivery service in the world, starting later this year.
Many Donors to Clinton Foundation Met with Her at State
August 24th, 2016Related: Clinton Cash: Via: AP: More than half the people outside the government who met with Hillary Clinton while she was secretary of state gave money — either personally or through companies or groups — to the Clinton Foundation. It’s an extraordinary proportion indicating her possible ethics challenges if elected president. At least 85 of […]
U.S. Army Fudged Its Accounts by Trillions of Dollars
August 19th, 2016Via: Reuters: The United States Army’s finances are so jumbled it had to make trillions of dollars of improper accounting adjustments to create an illusion that its books are balanced. The Defense Department’s Inspector General, in a June report, said the Army made $2.8 trillion in wrongful adjustments to accounting entries in one quarter alone […]
Justice Department to Phase Out Use of Private Prisons
August 18th, 2016Didn’t see that coming… Via: The Globe and Mail: The U.S. Justice Department plans to phase out its use of privately-operated prisons, which it called less safe and less effective than government-run facilities, according to a memo released publicly by the department on Thursday. In a move that hammered corrections company share prices, the Justice […]
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 […]
