Facebook has released a smartphone app called Hello that matches the numbers of incoming calls to friends and businesses on the social network, in a 21st century version of caller ID. The tech press is […]
Category: MOOLAH
Self Driving Cars Estimated To Cut 90% Of City Traffic
New research shows just why Google and Uber are so interested in the idea of self driving cars. European transportation experts say congested cities could become a thing of the past, so long as people […]
Another Day Another Bank Scandal – Deutsche Bank Fined $2.5 Billion
Americans should be outraged today as The New York Department for Financial Services announced that Deutsche Bank will pay a $2.5 billion fine “in connection with the manipulation of the benchmark interest rates, including the […]
Google Blames NSA For Its Sloppy Security
“Randomly watching and surveilling what’s going over the internet and invading the privacy of American citizens is not OK. Encryption is the solution.” answered Google Chairman Eric Schmidt when asked his thoughts on the state […]
Comcast Interference In Hulu Deal Could Torpedo Time Warner Merger
Comcast is reported to have interfered in the sale of Hulu, a competitor to its cable TV business, in a move that could derail its mega-merger with rival Time Warner. The cable giant allegedly talked […]
Canadians Look Set To File Antitrust Litigation Against Google
Clearly Google has a major problem when friendly Canadians announce they are looking to litigate against the company. That looks set to happen as a letter obtained by the Financial Post showed Canada’s Competition Bureau […]
EC On A Roll, Smacks Booking.com Over Competition Concerns
The EU Competition Commission is on a roll this month, announcing today the smackdown of another large company for anti-competitive behavior after fresh indictments of Gazprom and Google. The latest company in its cross-hairs is […]
Uber’s War With Google Heats Up Over Maps
Nokia is selling its mapping business and there are some interesting bidders in the mix. At least four potential buyers including Facebook and a consortium of German carmakers representing BMW, Audi and Daimler, are interested […]
Another Day, Another Bank Fine. BAML To Pay $20 Million
In what has clearly just become a cost of doing business, Bank of America Merrill Lynch was fined 13.2 million pounds ($20 million) by Britain’s markets regulator for failing to report transactions properly over seven […]
Google to Unveil Pay For What You Use Wireless Service
In what could mark a major turning point in mobile phone billing practices search giant Google is set to unveil a new U.S. wireless service as early as Wednesday, reports the Wall St Journal. The […]
Celeb Backed Music Service Tidal A Predictable Flop
Beware celebrities looking to ‘disrupt’ established industries with powerful players at the top of their game. Tidal, the flashy streaming music service purchased by rapper Jay Z last month, looks set to join the ranks […]
Tesla To Launch Revolutionary, Made In America Battery April 30th
Elon Musk will make his next big announcement later this month and he won’t be joined on stage by an electric car or a space capsule. Tesla will finally share details on its long-awaited batteries […]
U.S. Postal Service To Trial Drone Delivery
Not be outdone by the Swiss the U.S. Postal Service has announced it is currently fielding bids from unmanned aerial vehicle manufacturers. The scope of the project seems to be greater than what the Swiss […]
Nokia To Start Making Phones Again
In what will surely be welcome news for the Finnish economy, which has been devastated by job losses at the national icon, rumours are circulating that the iconic manufacturer will start producing smartphones again. Recode, […]
Bank Of England Questions Warren Buffet’s Berkshire Hathaway
An unusually negative story about Berkshire Hathaway, the giant firm owned by the world’s second richest man Warren Buffett, has emerged. According to reports from the Financial Times The Bank of England wrote to US […]
Jon Corzine, Man Too Rich To Be Jailed, Starting Hedge Fund
Jon Corzine, the man who led MF Global to one of the ten biggest bankruptcies in U.S. history, thinks he’s due for a comeback. After losing $1.6 billion of client money through illegal transactions the […]
New Leaks Show ‘Free Trade’ Deal A Sham
A freshly leaked chapter of the highly secretive Transatlantic Trade and Investment Partnership (TTIP) agreement shows the so called ‘free trade’ deal is nothing more than a power grab by large corporations and their paid […]
Bitcoin Exchange Was Stealing Coins For Years
The mystery around Tokyo based bankrupt Bitcoin exchange Mt Gox got deeper Tuesday morning. WizSec, a Tokyo-based group that’s been analyzing Bitcoin thefts claims the crypto-currency was going missing from the exchange long before it […]
WhatsApp Announces It Has 800 Million Monthly Active Users
The $19 billion Facebook paid for WhatsApp seems to have been worthwhile according to a clue dropped by the company today. Whatsapp CEO Jan Koum revealed on his Facebook page that the popular messaging company […]
Private Equity Gets Into The Circus Business
Private equity giant TPG has purchased The Cirque du Soleil it announced Monday. The American PE behemoth has signed a deal to sell a majority stake in the famed circus group for an undisclosed price. […]
Why Investors Should Be Worried About The Google Tesla Deal
News broke this morning that Google and Tesla reached an acquisition agreement in 2013. Larry Page and Elon Musk reportedly had a handshake deal that would have seen Musk head the electric car maker for […]
Swiss Postal Service Testing Drone Delivery
Swiss Post, Switzerland’s equivalent to the United States Postal Service, has confirmed it is testing a delivery service that uses drones. A spokesman for the national mail carrier confirmed a report in local media to […]
Target Still Has The Magic
Target showed this weekend that it still knows how to get the merchandise people want at prices people love. On Sunday Target’s collaboration with Lilly Pulitzer, the queen of American resortwear known for her bright, […]
Why Google’s open source strategy works
This morning Matt Rosoff wrote an interesting piece, arguing that Google should stop offering an open source version of Android. This is an interesting argument and Matt is one of the more knowledgeable writers on […]
Major Concessions Needed In Comcast, Time Warner Cable Merger
The Wall St Journal reports that representatives of Comcast Corp and Time Warner Cable Inc are preparing to meet U.S. Department of Justice officials to ‘discuss’ competition concerns the agency has regarding their planned $45 […]
America Now Leads World In Medical Marijuana Reform
What a difference a decade makes. In 2005 only California had well defined medical cannabis reforms on the books, thanks to the impact of the Gonzales v. Raich ruling which seemed to separate state and […]
The Biggest Band You’ve Never Heard Of: Kidz Bop
Bloomberg has a fascinating piece on Kidz Bop, the preteen kids band that has more top 10 Billboard singles than all but 8 mega artists. Carefully selected by industry veterans, the band is in its […]
Wayback Playback: Vinyl Set To Outsell CDs On Record Store Day 2015
Shoppers will be hitting their local indie music shops today for Record Store Day 2015 yet they won’t be buying CDs or mp3s. Instead they’ll be buying vinyl and even cassette tapes according to recent […]
Why (Verizon) Cable Is A Dead Duck
News broke today that Verizon is launching FiOS Custom TV, a package of basic cable channels plus two ‘addon packs’ that will retail for $55. The news was heralded as Verizon heading off cord cutters. […]
An iPhone 6 Hype Reality Check
The internet was abuzz today over star Apple analyst Gene Munster’s forecast for the iPhone 6. Munster is known to have a great read on Apple and we thought it worthwhile to point out a […]