Archive for the 'Economy' Category
This Man’s $600,000 Facebook Disaster Is a Warning for All Small Businesses
February 22nd, 2014I figured this out after blowing only $10 on Facebook advertising. It’s incredible that companies are wasting tens or hundreds of thousands of dollars on this breathtaking scam. Via: Business Insider: Recently, however, Brar has fallen out of love with Facebook. He discovered — as Business Insider reported recently — that his Facebook fanbase was […]
Chevron Gives Residents Near Fracking Explosion Free Pizza
February 21st, 2014Via: Newsweek: After a Chevron hydraulic fracturing well exploded in rural Dunkard Township, Pennsylvania, last Tuesday, and burned for four days straight, the energy company knew just the way to soothe nearby residents: free pizza.
Greece Intercepts Israeli Arms Shipments to Iran
February 21st, 2014Your what hurts? Via: Telegraph: Israeli arms dealers twice tried to send spare parts for fighter planes to Iran, The Telegraph has established, flouting an international arms embargo and openly contradicting the bitter enmity between the Jewish state and the Islamic regime. The illegal shipments are now being investigated by the US Homeland Security Department […]
In 2013 The Fed Bought 150% More Treasurys Than All Foreigners Combined
February 21st, 2014Via: ZeroHedge: In the past year, courtesy of the Fed’s $1 trillion in TSY and MBS purchases, Ben Bernanke purchases some $552 billion in Treasurys, or about 150% more than all foreigners combined!
Tesla to Start Manufacturing Their Own Battery Packs
February 21st, 2014Via: MIT Technology Review: “[The Gigafactory] will allow us to achieve a major reduction in the cost of our battery packs and accelerate the pace of battery innovation. Working in partnership with our suppliers, we plan to integrate precursor material, cell, module and pack production into one facility. With this facility, we feel highly confident […]
Google’s Project Tango: Indoor 3D Mapping and Tracking
February 20th, 2014Because tracking you outside is so 1990s. It’s not enough for the Legion of Doom to be able to track your every move outside. It now wants to map your indoor world, in 3D, and where you are in it. NSA/NGA will love this. Coincidence: Tango: Tango (U.S.) NATO phonetic alphabet for the letter “T” […]
Inside DuckDuckGo, Google’s Tiniest, Fiercest Competitor
February 20th, 2014Via: Fast Company: “Every year, we’ve grown 200-500%,” Weinberg says. “The numbers keep getting bigger.” As of early February, DuckDuckGo was seeing more than 4 million search queries per day. One year ago, that number had just barely broken 1 million. Surprisingly, the sudden success didn’t send the site crashing down. Nor did it change […]
“Smart Cities”
February 20th, 2014Via: Fast Company: Tech giant Cisco thinks there’s something to all this talk of ”smart cities”–and that connecting roads or license plate readers to the Internet is going to be big business. In the latest installment of their ongoing expansion into the Internet of Things, Cisco recently announced an agreement with Swiss security firm AGT […]
Cambodia: Homemade Bamboo Trains
February 20th, 2014Via: YouTube: Cambodia has one rail line. It is not well built, not maintained, and generally unsafe. For that reason, Cambodia no longer operates heavy trains. The people, however, have created an inexpensive and lightweight system to travel safely on the rails. These bamboo trains are pushed by small gasoline engines, and roll on two […]
Wal-Mart Earnings Miss; Weak Outlook
February 20th, 2014Ahh, the recovery seems to be continuing apace… Via: AP: Wal-Mart Stores Inc. offered a weak profit outlook, signaling that it expects economic pressures to keep weighing on its low-income shoppers around the world. The world’s largest retailer also said Thursday that its fourth-quarter profit, which covers the crucial holiday season, dropped 21 percent. Its […]
