FBI accused of hacking more than 1,000 computers during child porn probe

FBI accused of hacking more than 1,000 computers during child porn probe

The FBI secretly took control of a child porn website early last year and began infecting visitors with malware to identify roughly 1,300 individuals who had allegedly logged-on using software designed to browse the Internet anonymously, a new report has revealed. Colin Fieman, a public defender who is representing several of the defendants accused of […]

Washington’s anti-merger agenda threatens pro-consumer deals

Washington’s anti-merger agenda threatens pro-consumer deals

By David Williams / Taxpayers Protection Alliance More than 112 mergers and acquisitions have been announced in 2015, totaling more than $4.6 trillion in value. That makes this year the most active in history. But regulators in Washington have a dysfunctional disposition when it comes to mergers and acquisitions these days – the combination of […]

Google, Ford enter partnership on self-driving cars

Google, Ford enter partnership on self-driving cars

By Mike “Mish” Shedlock Self-driving cars are the wave of the future, sooner, not later. The trend is now impossible to deny. The only question that remains pertains to the speed of the rollout. 2020 is no longer a pipe dream as many thought. 2030 is far too distant. The breathtaking speed of possibilities can […]

Life in a worker owner corporation

Life in a worker owner corporation

From ProRev US Uncut – Publix became the nation’s most profitable grocer by doing the opposite of what Walmart does. Publix, the fastest-growing grocery chain in America, isn’t a corporate giant that exploits workers, but an employee-owned company that’s more profitable than any of its competitors. Unlike Walmart’s hourly workers, who just got a raise […]

Pending home sales decline 0.9%, well below lowest estimate

Pending home sales decline 0.9%, well below lowest estimate

By Mike “Mish” Shedlock On Dec. 30, the NAR released the Pending Home Sales Index, a measure of expected sales on existing homes. The Econoday Consensus Estimate was for a 0.5% rise in a range of 0.0 to 2.4%. No economist got the sign correct. The index unexpectedly declined 0.9% month-over-month, well below even the lowest […]

Going coop—employee ownership sustains business legacy

Going coop—employee ownership sustains business legacy

By Rob Brown / ProRev The effort to sustain our communities and their economic and civic life for future generations scored a significant victory recently on Deer Isle. The employees of three retail businesses—Burnt Cove Market, V&S Variety and Pharmacy, and The Galley market—became concerned when word circulated that the owners were thinking about selling […]

Marines shelve Google’s $42M robot ‘AlphaDogs’ because they are too noisy

Marines shelve Google’s $42M robot ‘AlphaDogs’ because they are too noisy

Marines will not be using robotic mules called “AlphaDogs” any time soon because the machines were deemed too noisy to be useful in a combat situation. Boston Dynamics, the robotics company owned by Google’s parent Alphabet, has been working with DARPA, the Pentagon’s research division, to build the robots designed to carry supplies for troops. […]

Amazon starts own air cargo and trucking services

Amazon starts own air cargo and trucking services

By Mike “Mish” Shedlock Evolution of Shipping After announcing Amazon Prime, free Two-Day Shipping for eligible purchases, Amazon followed up Air Prime, a future delivery system from Amazon designed to safely get packages to customers in 30 minutes or less using drones. The next logical step is for Amazon to cut out as many air […]

Cashless societies vs realism

Cashless societies vs realism

From The Daily Bell In Sweden, a Cash-Free Future Nears … Parishioners text tithes to their churches. Homeless street vendors carry mobile credit-card readers. Even the Abba Museum, despite being a shrine to the 1970s pop group that wrote “Money, Money, Money,” considers cash so last-century that it does not accept bills and coins. Few places […]

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