Author Archives
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VW set to plead guilty to emissions in the U.S.
While there have been hundreds of articles saying how much pollution VW has caused with its cheating scandal for which it has now agreed to pay up to $25 billion in fines in the U.S. alone, with the Trump administration… Read More ›
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EDF Energies Nouvelles in the fray for purchasing SunPower’s 100MW El Pelicano solar plant
The solar industry in Chile is in the midst of a consolidation. As per two sources with knowledge of the process have disclosed that SunPower Corp has placed the 100-megawatt El Pelicano solar plant up for sale, as part of… Read More ›
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Resurgence of U.S. shale oil changes the balance of power with traditional oil producers
U.S. shale producers realise that with great power comes great responsibility. In what could potentially offset OPEC’s move to cut oil productions so as to reduce the glut in the global oil pool, U.S. shale oil producers are plotting an… Read More ›
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Comcast, AT&T, and Verizon to benefit from Congress overturning Obama Administration’s privacy rules
Earlier under the Obama Administration’s rules, ISPs would have to obtain consumer consent before they are allowed to use financial, health and children’s information using geo-location through their web- browsing history for advertising and internal marketing purposes. The U.S. Congress… Read More ›
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Uber shutdowns the usage of its ‘Greyball’ tech
In a blog post Uber’s Chief Security Officer stated that the company “expressly prohibits” the usage of the tech to evade local regulators. In a significant development, Uber Technologies Inc has made it amply clear that it does not… Read More ›
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Likelihood of SEC approving U.S ETF high
Although many investors have are hoping that the SEC will approve the creation of the United States’ first bitcoin exchange-traded fund, a few cautious ones, such as Michael Venuto, chief investment officer at Toroso Investments prefer to avoid the volatility… Read More ›
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Foxconn to jointly bid with SK Hynix FOR Toshiba’s memory unit
Japanese business daily Nikkei has reported of such a move by Foxconn. The world’s biggest contract manufacturer, Foxconn reportedly approached South Korean chip manufacturer SK Hynix Inc to explore a joint bid for Toshiba Corp’s memory chip unit, reported the… Read More ›
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Brutal political shifts shake cashless economies around the world
The geopolitics of means is just becoming more real. As countries go cashless, the masses see their economic freedom diminish, their transactions being monitored, tracked and controlled. For most government, the public reason behind getting rid of cash is ‘security’,… Read More ›

