Archive for the 'Economy' Category

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The NSA Is Being Sued for Keeping Keith Alexander’s Financial Records Secret

August 5th, 2014

Via: Vice: Former NSA Director Keith Alexander’s lucrative entrance into the private sector has raised a heap of ethical questions about the spy chief’s intentions. Now the NSA has yet another dilemma on its hands: Investigative journalist Jason Leopold is suing the agency for denying him the release of financial disclosure statements attributable to its […]

Russian Gang Amasses Over a Billion Internet Passwords

August 5th, 2014

Via: New York Times: A Russian crime ring has amassed the largest known collection of stolen Internet credentials, including 1.2 billion user name and password combinations and more than 500 million email addresses, security researchers say. The records, discovered by Hold Security, a firm in Milwaukee, include confidential material gathered from 420,000 websites, including household […]

NSA Spy Tools Were Set for NZ Installation

August 1st, 2014

NSA wouldn’t need to tap the cables since the agency is already inside the boxes in the U.S., New Zealand and Aussie landing sites. What do you think Snowden was supposed to be doing at his NSA job in Hawaii? Working on his tan? Look at where the Southern Cross cables go. So let’s cut […]

Argentina Defaults Again

July 31st, 2014

Via: Forbes: Things couldn’t have come out worse. Everyone lost: Argentina defaulted on its sovereign debt for the second time in 12 years, the holdout bond holders were left empty handed, and Federal Judge Thomas Griesa’s strategy to force Argentine to negotiate a settlement with the so-called venture funds failed. Furthermore, a least ditch effort […]

Panasonic and Tesla Sign Agreement for the Gigafactory

July 31st, 2014

Via: Tesla Motors: Panasonic Corporation and Tesla Motors, Inc. have signed an agreement that lays out their cooperation on the construction of a large-scale battery manufacturing plant in the United States, known as the Gigafactory. According to the agreement, Tesla will prepare, provide and manage the land, buildings and utilities. Panasonic will manufacture and supply […]

UK to Allow Driverless Cars on Public Roads in January

July 30th, 2014

Via: BBC: The UK government has announced that driverless cars will be allowed on public roads from January next year. It also invited cities to compete to host one of three trials of the tech, which would start at the same time. In addition, ministers ordered a review of the UK’s road regulations to provide […]

Collective Punishment in Gaza

July 30th, 2014

Via: The New Yorker: Three days after the Israeli Prime Minister Benjamin Netanyahu launched the current war in Gaza, he held a press conference in Tel Aviv during which he said, in Hebrew, according to the Times of Israel, “I think the Israeli people understand now what I always say: that there cannot be a […]

Why Hoboken is Throwing Away All of its Student Laptops

July 30th, 2014

In other news: Finns Beat U.S. with Low-Tech Take on School. Via: WNYC: Inside Hoboken’s combined junior-senior high school is a storage closet. Behind the locked door, some mothballed laptop computers are strewn among brown cardboard boxes. Others are stacked one atop another. Dozens more are stored on mobile computer carts, many of them on […]

Billionaire Hedge Fund Manager to Clients: EMP Greatest Risk to Society

July 30th, 2014

Yeah, and there were only two seasons of Jericho: Via: CNBC: Billionaire hedge fund manager Paul Singer has issued an unusual warning for investors, calling the threat of a widespread blackout from an electromagnetic surge the “most significant danger” in the world. Called an “electromagnetic pulse” or EMP, the events can occur naturally from solar […]

Australia Bans Reporting of Multi-Nation Corruption Case Involving Malaysia, Indonesia and Vietnam

July 30th, 2014

Via: Wikileaks: Today, 29 July 2014, WikiLeaks releases an unprecedented Australian censorship order concerning a multi-million dollar corruption case explicitly naming the current and past heads of state of Indonesia, Malaysia and Vietnam, their relatives and other senior officials. The super-injunction invokes “national security” grounds to prevent reporting about the case, by anyone, in order […]

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