Search and mobile phone monopolist Google must be thankful it’s Friday. The company, already having a bad week due to the EU announcing its intent to prosecute the giant over abuse of dominant position in […]
Month: April 2015
Banker Admits Investment Banking Fees Terrible For Companies
Ed Clark, former CEO of Canadian banking behemoth TD, stated this morning that he would not allow banks to ‘skin us’ on fees related the upcoming IPO of his company Hydro One. The comment should […]
Why American Auto Companies Shouldn’t Fear The Chinese
News broke this morning that Chinese automaker Geely is coming to America. Eventually. With one single vehicle, a small crossover SUV based on a shared platform with Volvo. Production is slated to begin in late […]
China Has Built Military Airbase In South China Sea
Brand new satellite images published on Thursday show China has nearly completed building a military airstrip in the contested South China Sea’s Spratly Islands and is likely planning another. These hostile moves have been greeted […]
Rare Oarfish Washes Ashore On New Zealand Beach
An extremely rare Oarfish washed up on a beach at the mouth of Otago Harbour, New Zealand this morning. The impressive specimen was 3 metres long – medium sized for the species. Although rare other […]
Sweden Finally Willing To Question Wikileaks Founder
In what seems like an obvious move, Swedish prosecutors agreed late Thursday to interview Wikileaks founder Julian Assange. Mr Assange has long welcomed their questioning yet refused to leave his current residence, the Ecuadorian embassy, […]
Coast Guard Makes Record Drug Seizure
Representatives from the U.S. Coast Guard, U.S. Navy and Royal Canadian Navy gathered on a San Diego dock Thursday, to announce the largest drug seizure in agency history – more than 14 tons of cocaine. […]
Safra Catz: America’s Best Female CEO?
American female CEOs get a lot of hype. Marissa Mayer attracts attention for the smallest of moves (read: acquisition of Sumly, a mashup with no intellectual property, no revenue and no users). Meg Whitman, like […]
Why Loretta Lynch Isn’t The Attorney General Yet
It has nothing to do with her and everything to do with our dysfunctional system of governance. Ms. Lynch is highly qualified, well regarded and yet sits in waiting due to petty political bickering. For […]
Big Oil Is Losing Its Grip On The Auto Industry
A revolution is coming and so far big oil doesn’t seem to see it coming. Producing oil via fracking has largely been credited with the recent downtrend in oil prices enjoyed by today’s motorists. But […]
Google Helps Homeless Take Cashless Payments
No longer will people be able to walk past homeless asking for money and pat their pants saying “sorry, no cash!”. Google has teamed up with Real Change to offer a barcode based payment system […]
Why Square Is Now Doomed
Formerly red hot payments company Square is now in the payday-loans-for-small-business space, to the tune of $100 million. This is a troubling development that does not bode well for the company. We learned today that […]
The United States Is Losing The Drone War
Ever heard of DJI drones? No? Well 70% of the American drone market has. Founded in 2006 by Chinese entrepreneur Frank Wang, DJI generated nearly $500 million in revenue in 2014, up from $130 million […]
More Teens Are Vaping Instead Of Smoking
E-cigarettes have arrived in the life of the American teenager. Usage of the devices among middle and high school students tripled from 2013 to 2014, according to federal data released on Thursday, with the share […]
HBO Wants Pirates To Up Their Game
You would assume HBO would be upset at the latest leaks of mega-show Game of Thrones. And they are. But not for the reason you think. After episodes leaked online last weekend, millions of unauthorized […]
Blueberries May Help Fight PTSD
Blueberries have long been deemed a superfood but new new research shows they may be a powerful weapon in the fight against post-traumatic stress disorder (PTSD). About 8 percent of Americans suffer from PTSD at […]
Worst May Be Over But Tough Times For Russia Ahead
Vladimir Putin welcomed the ruble’s rebound and banks’ stability, saying that Russia is coping with “difficult economic conditions.” Yet even with an on again off again cease-fire in Ukraine and stabilizing oil prices, the central […]
New ISIS Threats Show Caliphate In Decline
ISIS continues to inflame the international community, recently threatening to carry out a second 9/11 and but analysts say these provocations are meant to be diversions to their followers, as well as Western nations. The […]
Cirque du Soleil Rumoured To Be For Sale
Cirque du Soleil, the company credited with bringing life back into the circus with its unique combination of dance, gymnastics, digital media and advanced technology to create captivating experiences, could be for sale. Reports indicate […]
Slack Raises $160 Million at $2.8 Billion Valuation
Slack, the red hot Vancouver-based business communications company, raised a new $160 million round. The investment features a number of heavyweights, such as Horizons Ventures, Digital Sky Technologies (DST Global), Index Ventures, Spark Capital, and […]
Navy To End Manned Fighter Jet Programs
The secretary of the US Navy, Ray Mabus, has said the F-35 Lightning II “should be, and almost certainly will be, the last manned strike fighter aircraft the Department of the Navy will ever buy […]
India Fears Billionaires Bearing Gifts
India seems to be much less enamoured and much more suspicious of American tech billionaires – especially ones bearing gifts. Facebook’s thinly veiled trojan horse Internet.org suffered a major blow on Wednesday when significant Indian […]
World Cyber War Heats Up
New evidence uncovered by Kaspersky Labs shows some of the first documented group on group attacks by state sponsored hacking teams. The report, released Tuesday, documents two Asian based teams targeting each other using sophisticated […]
Major Changes Coming To Google
This week the European Union’s competition commissioner announced it had taken the first steps toward fining Google for abusing its dominant position in search. Specifically the EU Commission believes the company has abused its dominant […]
More Research Shows Steaming Is Good For Your Health
Whether you call it a steam bath, sauna or just steaming there is mounting evidence to suggest exposure to hot steam is great for your health. The latest data comes from, you guessed it, Finland! […]
Apple Is Buying 36,000 Acres Of Forest To Do What?
The world rejoiced this morning as Apple triumphantly announced they were buying 36,000 acres of “forestland” to preserve it. But the reality is that this is not pristine forest but rather timberland. Timberland, a favourite […]
Mexico On Alert As Radioactive Material Iridium-192 Stolen
Mexico issued an alert late Wednesday in 5 states after deadly radioactive material was stolen from a truck this week. The interior ministry said iridium-192 had been stolen from a truck in the southern state […]
Former Fed Chairman Joins World’s Most Levered Hedge Fund
The NYT today reports that former Federal Reserve chairman Ben Bernanke will join the world’s most leveraged hedge fund, Citadel Advisors, as, well, an ‘advisor’. Mr Bernanke will “offer his analysis of global economic and […]
What People Are Missing About The Yahoo Search Deal
Some so called Yahoo ‘experts‘ were quick to praise CEO Marissa Mayer for the new search deal agreed this morning with Microsoft. But this deal changes little for Yahoo’s dying search business. Specifically, it doesn’t […]
How To Make Classic American Deep Dish Apple Pie
Every cookout needs a dessert and there is nothing more delicious, or American, then apple pie. But our editors are picky about the perfect pie. Their favorite pie is deep dish, has a flaky crust, […]