Archive for the 'Economy' Category

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‘Robin Hood of the Banks’

April 29th, 2014

Via: Russia Today: Enric Duran, dubbed the ‘Spanish Robin Hood of the Banks’, for swindling 39 banks out of half a million euros to redistribute them to organizations fighting against the established financial system, spoke to RT Spanish to reveal his moves and motives. In hiding for more than a year, and in serious trouble […]

Pentagon to Destroy $1 Billion Worth of Ammunition [???]

April 29th, 2014

Via: USA Today: The Pentagon plans to destroy more than $1 billion worth of ammunition although some of those bullets and missiles could still be used by troops, according to the Pentagon and congressional sources. It’s impossible to know what portion of the arsenal slated for destruction — valued at $1.2 billion by the Pentagon […]

China: Ten Recycled Concrete Houses 3D-Printed in 24 Hours [???]

April 28th, 2014

😯 Via: International Business Times: A Chinese construction firm based in Shanghai has succeeded in building 10 houses each measuring 200 square metres in 24 hours by using an enormous 3D printer. The houses are all eco-friendly and constructed from 3D-printed building blocks made from layers of recycled construction waste and glass fibre and mixed […]

The Desperate Hustle as a Way of Life

April 27th, 2014

Via: City Paper: Here is the future: nobody gets any job security. Nobody gets a fair wage while they have a job. Nobody gets a retirement fund or even any guarantee they’ll be able to eat tomorrow. And almost everyone is doing everything they can just to get by—and paying some substantial portion of their […]

Japan’s Plan for Centimeter-Resolution GPS

April 26th, 2014

Via: IEEE: A stranger to Tokyo could easily get lost in its urban canyons. And GPS navigation, stymied by low resolution and a blocked view of the sky, might not be much help. But that won’t be the case after 2018. Engineers at Tokyo-based Mitsubishi Electric Corp. report that they’re on track to start up […]

Trina Has Independent Certification of Solar Technology with Conversion Efficiency of 24.4%

April 25th, 2014

No prices or release date have been indicated, but, “Currently in pilot production,” sounds a lot more promising than most radical developments in this area, which seem to be perpetually five to twenty years away. Make no mistake about it, 24.4% is a big deal—if the price is right. Via: Trina Solar Press Release: Trina […]

The End Of Net Neutrality

April 25th, 2014

Via: Huffington Post: The new rules would allow companies like Netflix to pay Internet providers to stream their videos and other content more quickly. That could create two lanes on the Internet, fast super-highways that big tech companies can afford and a bumpy backroad where less fortunate websites dwell, consumer advocates say. Verizon, which sued […]

Apple, Google to Pay $324 Million to Settle Conspiracy Lawsuit

April 25th, 2014

Via: Reuters: Four major tech companies including Apple and Google have agreed to pay a total of $324 million to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, sources familiar with the deal said, just weeks before a high profile trial had been scheduled to begin. Tech workers filed […]

North Dakota Finds More Radioactive Oil Waste

April 24th, 2014

Via: AP: North Dakota confirmed Thursday the discovery of a new radioactive dump of waste from oil drilling, and separately a company hired to clean up waste found in February at another location said it removed double the amount of radioactive material originally estimated to be there. The Canadian company hired to clean up the […]

Man Prefers $50 3D Printed Prosthetic Hand to One That Cost $42,000

April 21st, 2014

Via: 3dprint.com: After some time had passed, Simon decided to meet up with Delgado once more, this time to work on the setup of the tendons within the Beast. To his amazement, Delgado had told him that the 3D printed hand has been functioning better than the myoelectric device, and he had preferred it to […]

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