Archive for the 'Economy' Category
U.S. Air Force Kicks Off Multibillion Dollar Bomber Competition
July 17th, 2014Via: Reuters: The U.S. Air Force launched a formal competition on Thursday for a new long-range strike (LRS-B) bomber, saying it expected to award a contract for the multibillion-dollar program to a winning bidder next spring. “The LRS-B is a top modernization priority for the Air Force. It will be an adaptable and highly capable […]
Let’s Start Telling Young People the Whole Truth About College
July 16th, 2014Via: Bloomberg: The idea that college is appropriate—essential, even—for all Americans is a myth. We’ve been told there are no decent jobs without a college education. While unemployment among recent college grads is 8.5 percent, according to the Economic Policy Institute, if you dig into the numbers you’ll find that 46 percent of them consider […]
Apple Makes Deal With IBM to Bolster Its Enterprise Presence
July 16th, 2014Incredible. Anyone remember this? Via: Wall Street Cheat Sheet: In a joint press release, Apple (NASDAQ:AAPL) and IBM (NYSE:IBM) announced a partnership to collaborate on mobile tools for enterprise, developing new apps to provide big data and analytics tools for iPhones and iPads. Under the partnership, the companies will develop more than 100 “industry-specific” iOS […]
Perfect Pilfering
July 16th, 2014The liquidity that you think exists doesn’t. Via: Nanex: We received trade execution reports from an active trader who wanted to know why his large orders almost never completely filled, even when the amount of stock advertised exceeded the number of shares wanted. For example, if 25,000 shares were at the best offer, and he […]
‘Human Props’ Stay in Luxury Homes but Live Like Ghosts
July 15th, 2014Via: Tampa Bay Times: When the Mueller family sits for dinner, the leftover broccoli and crepes are already wrapped in plastic, the kitchen is beyond spotless, and the rest of the home is so tucked-away tidy it looks like they just moved in. In a way, they have: Every inch of furnishing, every little trinket […]
A Contraceptive Implant with Remote Control
July 14th, 2014Date check: Nope, it’s not April Fool’s Day. Just make sure the firewall on your birth control chip is up to date… Via: MIT Technology Review: A startup has developed a contraceptive chip that could be deactivated and reactivated using a wireless remote. … Developed by MicroCHIPS of Lexington, Massachusetts, the device will begin pre-clinical […]
Apple’s New iPhone, Made in China—By Robots
July 14th, 2014Via: Fiscal Times: The worst kept secret of Apple and its Taiwanese manufacturer Foxconn isn’t their poor labor conditions. It isn’t even the fact that they use robots to help bring together all the pieces that make up an iPhone. It’s that their robots are now performing more and more human-like functions. In the past, […]
Electronic Health Records Ripe for Theft
July 14th, 2014Via: Politico: America’s medical records systems are flirting with disaster, say the experts who monitor crime in cyberspace. A hack that exposes the medical and financial records of hundreds of thousands of patients is coming, they say — it’s only a matter of when. As health data become increasingly digital and the use of electronic […]
“How the CIA Partnered With Amazon and Changed Intelligence”
July 13th, 2014Via: DefenseOne: The intelligence community is about to get the equivalent of an adrenaline shot to the chest. This summer, a $600 million computing cloud developed by Amazon Web Services for the Central Intelligence Agency over the past year will begin servicing all 17 agencies that make up the intelligence community.
A Shortage of Scientists and Techies? Think Again
July 13th, 2014Via: CBS: A common refrain among corporate and political leaders is that the U.S. needs more engineers, scientists and other workers with the kind of specialized expertise needed to boost economic growth. And that assessment plays a part in a range of public policy debates, from how to change the nation’s immigration laws to how […]
