Archive for the 'Economy' Category

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Microsoft’s Quantum Mechanics

October 10th, 2014

Via: MIT Technology Review: In 2012, physicists in the Netherlands announced a discovery in particle physics that started chatter about a Nobel Prize. Inside a tiny rod of semiconductor crystal chilled cooler than outer space, they had caught the first glimpse of a strange particle called the Majorana fermion, finally confirming a prediction made in […]

E-Cat Third Party Test: COP Between 3.2 and 3.6

October 10th, 2014

Via: Network World: Yesterday a new paper was published on a Swedish blog titled Observation of abundant heat production from a reactor device and of isotopic changes in the fuel. The paper was authored by Giuseppe Levi (Bologna University, Bologna, Italy), Evelyn Foschi (Bologna, Italy), Bo Höistad, Roland Pettersson and Lars Tegnér (Uppsala University, Uppsala, […]

Most U.S. Food Labeled ‘Natural’ Contains GMOs

October 10th, 2014

Via: Russia Today: Nearly all US packaged food with a “natural” label in fact contains high levels of genetically modified ingredients, tests by the product testing watchdog Consumer Reports reveal. Consumer Reports said its study included more than 80 different processed foods containing corn or soy – the two most prevalent genetically modified crops in […]

Tesla Model S Gains Autopilot

October 10th, 2014

Via: cNet: …Tesla Motors CEO Elon Musk announced at an event in Los Angeles that every car manufactured over the last two weeks comes with new sensor hardware to enable what he calls Autopilot capabilities. … The Autopilot hardware includes forward-looking radar and camera, combined with all-around long-range ultrasonic sensors. A software update being sent […]

UW Fusion Reactor Concept Could Be Cheaper Than Coal

October 8th, 2014

Via: University of Washington: Fusion energy almost sounds too good to be true – zero greenhouse gas emissions, no long-lived radioactive waste, a nearly unlimited fuel supply. Perhaps the biggest roadblock to adopting fusion energy is that the economics haven’t penciled out. Fusion power designs aren’t cheap enough to outperform systems that use fossil fuels […]

China Overtook U.S. as World’s Largest Economy

October 8th, 2014

Via: Business Insider: Sorry, America. China just overtook the US to become the world’s largest economy, according to the International Monetary Fund. Chris Giles at the Financial Times flagged up the change. He also alerted us back in April this year that it was all about to happen. Basically, the method used by the IMF […]

Gartner: One in Three Jobs Will be Taken by Software or Robots by 2025

October 7th, 2014

Wired: Training the software that will replace you. Tired: Training the Indian worker who will replace you. Expired: Stable jobs with decent pay. Via: Computerworld: “The shift is from doing to implementing, so the doers go away but someone still has to implement,” said Strohmaier. IT is a shift, although a slow one, to new […]

Solar Power On Track to Be World’s Largest Electricity Source by 2050, Reduce Power Company Profits

October 6th, 2014

Disclosure: I sell solar power systems for solarking.co.nz. Via: Computerworld: The sun could be the world’s leading electricity source by mid-century with the amount of new photovoltaic (PV) panel installations soaring at 100MW daily, according to a pair of new reports. The reports, issued by the International Energy Agency (IEA), stated that by 2050, PV […]

JPMorgan Hack Exposed Data of 83 Million Households and Small Businesses, Among Biggest Breaches in History

October 2nd, 2014

Via: Reuters: Names, addresses, phone numbers and email addresses of the holders of some 83 million households and small business accounts were exposed when computer systems at JPMorgan Chase & Co were recently compromised by hackers, making it one of the biggest data breaches in history. The bank revealed the scope of the previously disclosed […]

Russia Reportedly Considering Capital Controls

October 1st, 2014

Bloomberg rumors. Maybe something, maybe nothing. However, about a month ago, I suggested the following to a family member with a Russian girlfriend: “I’d seriously consider getting her and her money out of there ASAP. You wouldn’t want her to be in Putin-Land or holding Putin-Bucks if this thing gets any worse.” Via: Bloomberg: Now […]

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