More than $380 million worth of wheels are slated to hit the auction block at six auction houses at Monterey Car Week. The fortunes fueling this year’s sales are coming in large part from collectors who recently made their money selling…
New FAA Chief: Boeing 737 MAX Not to Return to Skies Until Gov’t ‘Fully Sure’ Plane is Safe
Federal Aviation Authority (FAA) administrator Stephen Dickson will be tasked with boosting the government body’s reputation after facing intense scrutiny from Congress, who are demanding stricter oversight into Boeing’s progress in fixing defects with its flagship plane. Boeing faces a…
Loadsmart And Starsky Make First Autonomous Truck Delivery
Loadsmart and Starsky Robotics Make First-Ever Digital Freight Delivery Via Autonomous Truck According to the two companies, the integration of Loadsmart’s AI-powered pricing and load matching technology with Starsky’s API meant no human intervention was required. The historic initiative is…
Facebook plans to launch its “news section” in the fall
The social media giant has offered mainstream outlets as much as $3 million per year for the privilege of using their headlines, article excerpts and stories, according to people familiar with the deal who spoke to the Wall Street Journal…
Interacting Floquet polaritons
Scientists Logan W. Clark, Ningyuan Jia, Nathan Schine, Claire Baum, Alexandros Georgakopoulos & Jonathan Simon published their work about colliding photons and interacting polaritons. Abstract: Ordinarily, photons do not interact with one another. However, atoms can be used to mediate…
Novartis CEO Narasimhan Defends Company’s Decision to Withhold False Data From the FDA
Responding to the agency’s stern rebuke, Vas Narasimhan, the company’s executive, tried to reassure investors that Novartis did not intentionally deceive the FDA while seeking approval for its $2.1 million gene therapy. The chief executive of Novartis on Wednesday defended…
Ryanair pilots vote for strike action
UK-based Ryanair pilots have voted to strike in a row over pay and conditions. In July, the budget airline reported a sharp fall in quarterly profits to 21%, due to higher costs for fuel and staff, and reduced ticket prices. The…
US Treasury declares China ‘currency manipulator’
US Treasury declares China ‘currency manipulator’ after Wall Street suffers worst trading session of 2019. Washington has escalated the trade war with Beijing by accusing China of being a currency manipulator, after a Wall Street stock wipeout by 767 points…
Elixxir: Privacy Preserving Technology vs. Legislation
Dr. David Chaum – inventor of eCash and founder of DigiCash in 90’s and now CEO of project Elixxir, blogged about Privacy Preserving Technology vs. Legislation. After last spying Apple’s faux pas and spending decades focused on the intersection of consumer…
Apple Suspends Program That Records Users Having Sex And Buying Drugs
Users will soon be presented with the option to “opt in” to what looks to us like a blackmailer’s dream come true. Suspicions about personal assistants being used to inadvertently surveil their users first surfaced. Last spring, Amazon acknowledged that…
Verizon Q2 profit beats estimates, CEO thinks half of the US will have access to 5G next year
Verizon Communications (VZ) posted better-than-expected second-quarter results on Thursday, with profit boosted by strong wireless subscriber growth as the company ramps up its implementation of next generation, high-speed connectivity. Here are the numbers: Earnings: $1.23 adjusted earnings per share, vs….
GE Posts Quarterly Loss
General Electric Co. reported a second-quarter loss and flat sales, but said it was making progress in restructuring its long-struggling and hopeless Power division and raised its full-year financial projections. GE also said its CFO Jamie Miller, will be leaving…
Humanity Needs 5 Planets Earth
The World Is Not Enough. Earth Overshoot Day is the day which marks the time at which humanity has used up its allotment of natural planetary resources for the year, occurred in the month of July. It had occurred in August…
Mylan to merge with Pfizer’s Upjohn
Pfizer will combine its off-patent drug business with Mylan. Pfizer shareholders would own 57% of the new company and Mylan’s shareholders would get 43%. The combined company, which will sell Mylan’s EpiPen and Pfizer’s Viagra, will be domiciled in the…
The UN’s Free Speech Problem
Anyone willing to consult the international law book on the subject of free speech will find it heavy with protections for free speech. The UN Declaration of Human Rights features, in its preamble, the ideal that “human beings shall enjoy freedom…