Category: Editors’ Picks

Apple becomes first $2 Trillion company
19. 8. 2020 No Responses

Apple becomes first $2 Trillion company

Apple became the first US-listed company in history to reach a $2-trillion market capitalization, which means it doubled in valuation in about two years. Shares in the technology giant rose by 1.2 percent, reaching $467.77 on Wednesday, pushing it over...
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President Xi Launches Purge Against China’s Deep State
19. 8. 2020 No Responses

President Xi Launches Purge Against China’s Deep State

Just days after Communist Party officials censored a prominent academic who dared to criticize the CCP and its glorious leader, Xi Jinping, more news of what appears to be a mounting purge of dissent in the aftermath of the coronavirus...
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Banks Are Evading U.S. Derivatives Rules by Making Trades at Foreign Subsidiaries
18. 8. 2020 No Responses

Banks Are Evading U.S. Derivatives Rules by Making Trades at Foreign Subsidiaries

On May 30, with little mainstream media attention, four European academics published a report on how some of the largest Wall Street banks (all of whom received massive amounts of secret Federal Reserve bailout money during the 2007 to 2010...
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Sanofi to acquire Principia Biopharma for $3.68 Billion
17. 8. 2020 No Responses

Sanofi to acquire Principia Biopharma for $3.68 Billion

Sanofi and Principia Biopharma Inc. (NASDAQ: PRNB), a late-stage biopharmaceutical company focused on developing treatments for immune-mediated diseases, entered into a definitive agreement under which Sanofi will acquire all of the outstanding shares of Princ...
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Zero-knowledge proofs for Tron Network
15. 8. 2020 No Responses

Zero-knowledge proofs for Tron Network

Justin Sun, founder and CEO of Tron Foundation, has announced that Tron Virtual Machine (TVM) will add a cutting-edge security function. This upgrade was proposed and approved by the Tron (TRX) community. In his recent Tweet, Justin Sun disclosed that the...
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Ford Is Closing 6 Factories In Europe And Slashing 10,000 Positions
14. 8. 2020 No Responses

Ford Is Closing 6 Factories In Europe And Slashing 10,000 Positions

The auto industry continues to grapple with one of the worst recessions ever for the notoriously capital intensive sector. Ford, which feels like it has been in the midst of a yearslong “restructuring” that has never fully panned out or ended (...
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Central Bank Balance Sheets Jump To $28 Trillion Next Year
12. 8. 2020 No Responses

Central Bank Balance Sheets Jump To $28 Trillion Next Year

As Bank of America shows, central bank balance sheet have never been bigger with the Fed now holding 34% of US GDP, and expected to see this number rise to 38%. For the other central banks the number is 25%...
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400 Security Flaws In Qualcomm’s Snapdragon CPUs
11. 8. 2020 No Responses

400 Security Flaws In Qualcomm’s Snapdragon CPUs

Qualcomm turn over 1 Billion Android phones into spying tools. More than one billion Android phones may be compromised as researchers found 400 vulnerabilities in Qualcomm’s Snapdragon chips, which are standard in smartphones and other gadgets. Snapdrago...
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Space industry is moving to ‘leadership by seasoned execs’
10. 8. 2020 No Responses

Space industry is moving to ‘leadership by seasoned execs’

The space industry is moving “from a small community of space enthusiasts to leadership by seasoned execs,” says Chad Anderson, managing partner at Space Capital. “We’re going into a phase where we’re moving from startup really to growth,” Anderso...
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Japan scrapped a $4.2 Billion US missile system
9. 8. 2020 No Responses

Japan scrapped a $4.2 Billion US missile system

Washington and Tokyo have been allies for 60 years. Both agree they’re spending too much. Japanese Defense Minister Taro Kono was seething after a June 3 briefing in his office. “Why didn’t you figure that out sooner?” he snapped. Offic...
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How To Sleep During A Heatwave
9. 8. 2020 No Responses

How To Sleep During A Heatwave

In light of the arrival of higher temperatures this week, many of us will be contemplating one of the biggest struggles that come with balmy climes: how to get a good night’s sleep. According to Dr Nerina Ramlakhan, a sleep expert...
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2023 Cadillac Lyriq Revealed
8. 8. 2020 No Responses

2023 Cadillac Lyriq Revealed

It won’t go into production for two more years but will be the first use of GM’s modular EV platform and Ultium battery technology. Cadillac wants you to know that the Lyriq may just be a “show car” at this stage,...
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He Abandoned The Deadly Cargo – About One Unscrupulous Businessman
7. 8. 2020 No Responses

He Abandoned The Deadly Cargo – About One Unscrupulous Businessman

Thus far an official ongoing investigation by Lebanese authorities into the cause of Tuesday’s Beirut port blast, now considered the largest non-military munitions explosion in history, has dubbed it severe “negligence”. It’s now well ...
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Toyota’s Q1 profit nearly wiped out
6. 8. 2020 No Responses

Toyota’s Q1 profit nearly wiped out

Toyota’s profit plunged 74% in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year. Toyota Motor Corp. reported on Thursday a profit of 158.8 billion yen...
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Virgin Atlantic files for bankruptcy protection
5. 8. 2020 No Responses

Virgin Atlantic files for bankruptcy protection

Virgin Atlantic, the European carrier founded by British entrepreneur Richard Branson, on Tuesday filed for debt relief in the U.S. as the toll of the coronavirus on the airline industry continued to mount. The company said it is not technically bankrupt and...
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