Archive for the 'Economy' Category
‘Godfather of AI’ Quits Google, Talks About Dangers of the Technology
May 2nd, 2023Via: The Verge: Geoffrey Hinton, who alongside two other so-called “Godfathers of AI” won the 2018 Turing Award for their foundational work that led to the current boom in artificial intelligence, now says a part of him regrets his life’s work. Hinton recently quit his job at Google in order to speak freely about the […]
Attorney General of Texas Opens Investigation into Gain-of-Function Research and Misrepresentations by Covid-19 Vaccine Manufacturers
May 1st, 2023At the link, they filed this under Consumer Protection/Scams. Maybe they need an Atrocities category. Via: Attorney General of Texas: Attorney General Paxton launched an investigation into the pharmaceutical companies Pfizer, Moderna, and Johnson & Johnson concerning whether they engaged in gain-of-function research and misled the public about doing so. Paxton is also investigating whether […]
FDIC Prepares to Place First Republic Under Receivership
April 28th, 2023Via: Reuters: The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic Bank (FRC.N) under receivership imminently, a person familiar with the matter said on Friday, sending shares of the lender down nearly 50% in extended trading. The U.S. banking regulator decided the troubled regional lender’s position has deteriorated and there is […]
Warren Buffett’s Berkshire Hathaway Sold 85% of $4 Billion Position in Taiwan’s TSMC
April 28th, 2023If China was to invade Taiwan, there might be a plan to prevent any of TSMC’s fabs from falling into Chinese hands: The US would sooner see TSMC fabs destroyed than fall into Chinese hands should Xi Jinping invade Taiwan, according to a former national security advisor to the Trump administration. “The United States and […]
Inside the Chaotic World of Kids Trying to Play Video Games on School Laptops
April 27th, 2023Assuming you think it’s ok for children to have access to these devices during school (I don’t), the IT departments could easily implement domain whitelists. This means that only sites explicitly whitelisted by the administrators would be accessible by the students. All of that said, I salute the entrepreneurial genius of the boy who makes […]
Forbes ’30 Under 30′ Mega Fraudsters
April 26th, 2023Via: New York Post: Disgraced Frank founder Charlie Javice has joined the likes of Elizabeth Holmes and Sam Bankman-Fried on a growing list of founders to be lavished with honors by the financial news outlet Forbes – only to later face criminal fraud charges. Forbes has faced relentless mockery on social media – with users […]
Chinese Are All Over Afghan Lithium
April 23rd, 2023Via: ZeroHedge: A Chinese company has offered the Taliban $10 billion and a proposal to build key strategic infrastructure connecting north-south Afghanistan in exchange for access to the country’s lithium reserves. … Darbey said the Chinese interest in the region is not new—in 2021, two Chinese companies were sent to Ghazni to conduct technical research […]
Alphabet CEO’s Pay Soars to $226 Million on Huge Stock Award as Thousands Fired
April 22nd, 2023Via: Bloomberg: The pay package awarded to Alphabet Inc. Chief Executive Officer Sundar Pichai soared to $226 million in 2022, boosted by a triennial stock grant, making him one of the world’s highest-paid corporate leaders. … In January, Alphabet started cutting about 12,000 jobs, or 6% of its global workforce, following months of other measures […]
Unlimited Hangout: Consolidating Control with Catherine Austin Fitts
April 22nd, 2023Via: Unlimited Hangout: Unlimited Hangout with Whitney Webb · Consolidating Control with Catherine Austin Fitts Whitney is joined by Catherine Austin Fitts to discuss the current financial situation and what to expect in the short term, why the US government is using the crisis to push for greater bank consolidation, the FedNow service and the […]
Farmers ‘Crippled’ by Satellite Failure as GPS-Guided Tractors Grind to a Halt
April 20th, 2023Via: The Sydney Morning Herald: Tractors have ground to a halt in paddocks across Australia and New Zealand because of a signal failure in the satellite farmers use to guide their GPS-enabled machinery, stopping them from planting their winter crop.
