Uber’s US rival Lyft is seeking $500m in a new fundraising round to provide fresh ammunition as the transportation company takes its fight with Uber to a growing number of US cities, according to two people close to the process. The fundraising comes at a time when Uber has been struggling with a series of public relations crises, including allegations of sexual harassment and a video of […]
When it came to once slice of the media Thursday, Jeff Sessions was generally trumped by Evan Spiegel. Contacts with Russians? Lying to a Senate committee deliberating his nomination? Need for a special prosecutor? Step aside as Attorney General? Well, that was grist for the mills of Washington-focused media and the cable news channels Thursday — and with good reason. But on CNBC and Fox Business, as […]
Interested in precious metals investing or storage? Contact us HERE Written by Peter Diekmeyer (CLICK HERE FOR ORIGINAL) Gold prices have surged (+8.57% EOD Wednesday) since January. However, one expert says that trend could continue. “Shrinking exploration budgets, a dearth of new high-quality deposits and the “fear trade” will provide continuing upside pressure as the year unfolds,” says Brent Cook, editor […]
Uber is now in the process of getting a permit from the California DMV to resume testing its self-driving vehicles on public state roads. Uber started testing its self-driving Volvo XC90 SUVs in San Francisco last year – but the state DMV ultimately opposed the tests since Uber had not applied for its autonomous testing permit prior to beginning service. While Uber took its test fleet of XC90s […]
Technology accelerates by leaps and bounds, which can only spell doom for most workers’ economic prospects. How long before a robot or algorithm can do your job, leading to mass “technological unemployment?” Machines are learning to master once-unthinkable tasks. Yet, even though our software can best us at Jeopardy! and our hardware has learned to run and jump, there’s still no consensus among economists that […]
By Lauren Hirsch | NEW YORK NEW YORK Snap Inc’s (SNAP.N) shares continued to defy doubts about the company’s early-stage business model and slowing user growth, jumping nearly 50 percent in their first day of trading on the New York Stock Exchange. The owner of the Snapchat messaging app raised $3.4 billion in its initial public offering on Wednesday night, more than the $3 billion Facebook (FB.O) […]
A new study reveals that melanoma survivors should avoid sun exposures as it may lead to the recurrence of the disease. However, it was found that survivors who should be avoiding sunlight tend to seek suntans and get sunburnt. It is believed that for most of the melanoma survivors, an early-stage diagnosis is moderately a minor experience. However, the illness is quite serious, as they reportedly have […]
Credit: Scott Meltzer/public domain Despite advancements in fuel-saving technologies over the last 25 years, on-road fuel economy for all vehicles is up only one mile per gallon during that time. In an update to research conducted two years ago, Michael Sivak and Brandon Schoettle of the University of Michigan Transportation Research Institute say that actual, on-road fuel economy for the entire fleet of vehicles (including cars, trucks, […]
The US broke its long drought of hot technology initial public offerings on Thursday as shares in Snap soared more than 40 per cent in their market debut despite questions about corporate governance and profitability at the owner of vanishing messaging service Snapchat. A pack of traders huddled around the desk of Snap’s designated market maker for more than an hour after the opening bell at the […]
Government of Dubai Media Office – 2 March 2017 The jury of the Dubai Canvas 3D Art Award will be looking for exceptional creativity, technique and style in its evaluation of the 25 artworks shortlisted for the Award. The shortlisted works are being displayed at the Dubai Canvas 3D Art Festival 2017, which began in City Walk on Sunday. The Award and Festival are organised by Brand […]
By Luke Baker | BETHLEHEM, West Bank BETHLEHEM, West Bank A year ago, Nuseir Yassin, a 24-year-old Harvard graduate, was living in New York city, working for a successful hi-tech company and earning $120,000 a year. Despite it all, he couldn’t escape the feeling that life was passing him by. So for the past 328 days, he has been travelling the world – from Nigeria to Myanmar, […]
In this March 29, 1929 photograph, Pearl I. Young is working in the Langley Memorial Aeronautical Laboratory’s Flight Instrumentation Facility (Building 1202). Young was the first woman hired as a technical employee, a physicist at the National Advisory Committee for Aeronautics and the second female physicist working for the federal government. Source link
Via Charles Hugh-Smith of OfTwoMinds blog, This is precisely what you’d expect of a self-serving elite that was desperate to cloak the unhappy reality that the relative few are benefiting immensely at the expense of the many. The core narrative of politics everywhere is progress, i.e. “moving forward.” If progress isn’t being made, politicos and the system are failing. In the past, “progressive” movements sought to advance […]
A research group at Tohoku University and Japan Advanced Institute of Science and Technology has developed a molecular robot consisting of biomolecules, such as DNA and protein. The molecular robot was developed by integrating molecular machines into an artificial cell membrane. It can start and stop its shape-changing function in response to a specific DNA signal. This is the first time that a molecular robotic system has […]
A pioneering new technique to produce cutting-edge, versatile microchips could revolutionize the speed, efficiency and capability of the next generation of computers. (via WSJ)
The war is not over yet — the battlefield has just gotten bigger. On February 28, publisher EA and developer DICE unveiled four major expansions for Battlefield 1 included in the Premium Pass offer. These expansions will extend the flames of World War I around Europe with a focus on French and Russian armies in their respective lands. You can also engage in thrilling amphibious and naval battles, and […]
Pre-orders, the video game industry’s nasty push to coax you into exchanging money for products before they’re released, are awful offerings. Busted launches, abusive DRM, and general industry shenanigans have made it a foolish endeavor to give publishers money before hardware or software is thoroughly analyzed by journalists, influencers, or hardcore fan communities. Yet, I pre-ordered a Nintendo Switch without hesitation. I recognize my hypocrisy […]
Image: Nv/EPA/REX/Shutterstock By Manish Singh2017-03-02 07:24:14 -0500 India’s major IT firms have long required their employees to give a three-month, “non-negotiable” notice before leaving the company, but they could be soon forced to change that. Fed-up IT professionals from across India have reached out to the government, complaining that it is “unrealistic” for anyone to plan that far ahead. Over 28,000 professionals have signed a petition, […]
Cars are on their way to becoming ‘mobile phones on wheels’ The car of the future will let you pay for petrol or parking directly from your vehicle and receive traffic alerts and restaurant recommendations from your onboard digital assistant. Connected cars—or “mobile phones on wheels”—will be able to do those things and more, including communicate with each other on the road and with the infrastructure around […]
A video showing Uber CEO Travis Kalanick disrespecting a company driver has gone viral and drew a firestorm of criticism, and Kalanick would like to apologize. For those unfamiliar with the matter, a video surfaced on Tuesday, Feb. 28 showing Kalanick in a heated argument with an Uber driver. The video stirred quite some waves and made headlines, so a more humble Kalanick has now seen the error of […]
In The Way of the Strangers: Encounters with the Islamic State, journalist Graeme Wood aligns himself with the Orientalist tradition of Bernard Lewis, who warned liberal students against projecting secular frameworks on contemporary Muslim politics. Lewis believed religion, not secular grievance, was the prime motivator of this politics. This may or may not be true. In any case, the argument has limited explanatory power. It doesn’t explain […]
CK Chow struck a cautious note at the start of the week when revealing the Hong Kong Exchange’s annual results. With average daily turnover down 37 per cent, the exchange chairman’s wariness was understandable as he talked of a “challenging” outlook and volatile markets. Yet such caution is out of step with the mood in the market. Hong Kong’s blue-chip Hang Seng index and the Hang Seng […]
On Wednesday, Jean-Claude Juncker’s European Commission released a “White Paper On the Future Of Europe” which comes at a time of extensive tensions with the departing UK, and which lays out what Juncker believe are the “main challenges and opportunities for Europe inthe coming decade.” It presents five scenarios for how the Union couldevolve by 2025 depending on how it chooses to respond. The paper comes as […]
By John Ruwitch | SHANGHAI SHANGHAI The fortunes of the richest 100 members of China’s parliament and its advisory body – all dollar billionaires – grew about 64 percent in the four years since Xi Jinping rose to power, according to data from an organisation tracking wealth in China. Xi has overseen a crackdown on corruption and decadence, and made the fight against poverty a top priority […]
