Archive for the 'Economy' Category
Google Responsible for More Internet Traffic Than Facebook, Netflix, and Instagram Combined
July 23rd, 2013Via: Wired: Everyone knows Google is big. But the truth is that it’s huge. On an average day, Google accounts for about 25 percent of all consumer internet traffic running through North American ISPs. That’s a far larger slice of than previously thought, and it means that with so many consumer devices connecting to Google […]
Madness: The Raisin Administrative Committee
July 23rd, 2013Via: Reason: “They want us to pay for our own raisins that we grew,” says Raisin Valley Farms owner Marvin Horne. “We have to buy them back!” Marvin and Laura Horne, fined for the federal crime of selling their own raisins. This is but one absurdity that Marvin and his wife Laura have faced during […]
Microsoft Drove the Bus Off the Cliff, Now it Tries to Speed Up
July 23rd, 2013Via: SemiAccurate: Microsoft has driven off the cliff into the death spiral and rather than change direction they are trying to speed up their ‘momentum’. Endless reorgs, paid analyst reports, and flat-out lying to anyone who will listen won’t help, they can not succeed from their current position. Last fall SemiAccurate was one of the […]
Italy to Ban Monsanto GMO Maize
July 23rd, 2013Via: Reuters: Three Italian ministries have signed a decree banning the cultivation of a type of genetically modified maize, citing environmental concerns, the agriculture ministry said on Friday. The decree, which still needs to be published in the official gazette to become binding, targets Monsanto’s MON810 maize, one of two genetically modified organisms (GMO) allowed […]
America’s Large and Growing “Health Disadvantage”
July 22nd, 2013Via: Slate: Americans die younger and experience more injury and illness than people in other rich nations, despite spending almost twice as much per person on health care. That was the startling conclusion of a major report released earlier this year by the U.S. National Research Council and the Institute of Medicine. It received widespread […]
A Shuffle of Aluminum, but to Banks, Pure Gold
July 21st, 2013If the left hand isn’t sharing information with the right hand, with hundreds of millions of dollars in potential trading profits hanging in the balance, I’m Santa Claus. —Usual Suspects Now Heavily Involved with Commodity Warehousing Via: New York Times: Hundreds of millions of times a day, thirsty Americans open a can of soda, beer […]
Google: Ultimately, “The Goal Is To Insert A Chip Inside Your Head”
July 20th, 2013Via: Independent: Ultimately, as Page and co-founder Sergey Brin have asserted, the goal is to insert a chip inside your head for the most effortless search engine imaginable. … In Building 43 of the Googleplex, Ben Gomes talks with barely concealed excitement about a “new epoch”. A Google fellow and the company’s Vice President of […]
Recovery: Detroit Goes Bankrupt, Largest Municipal Filing in U.S. History
July 19th, 2013Via: Washington Post: Detroit filed the largest municipal bankruptcy in the nation’s history Thursday, marking a new low in a long decline that has left the U.S. automaking capital bleeding residents and revenue while rendering city services a mess. The city, which was the nation’s fourth-largest in the 1950s, with nearly 2 million inhabitants, has […]
Shocker: The NSA Admits It Analyzes More People’s Data Than Previously Revealed
July 18th, 2013Via: The Atlantic Wire: As an aside during testimony on Capitol Hill today, a National Security Agency representative rather casually indicated that the government looks at data from a universe of far, far more people than previously indicated. Chris Inglis, the agency’s deputy director, was one of several government representatives—including from the FBI and the […]
Cancer-Free Woman Undergoes Chemotherapy After False Diagnosis
July 18th, 2013Via: KHOU: A 54-year-old Victoria woman is trying to find sense in a life-changing diagnosis that never should have happened. Herlinda Garcia said she became “a whole different person” after she was diagnosed with Stage IV terminal Breast Cancer. That diagnosis came after Garcia had a benign tumor removed from her left breast. “When you’re […]
