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Goldman Sachs used to seem invincible. In the fourth quarter, it lost money. The Wall Street firm on Wednesday reported its first quarterly loss since 2011. It was the result of a one-time $4.4 billion charge stemming from the new tax law. But even
China has dominated the bitcoin mining industry for a couple of years, but fears of a government clampdown are signaling now might be the best time to enter the market elsewhere in the world. And someone just made a big bet that Russia, with its cold
of its £120 Echo Spot 'smart alarm'...Amazon wants to put a camera and microphone in your bedroom with the UK launch of its latest Echo home device.
There's a really unique investment company in Europe you ought to know about… because they are insanely profitable.
Facebook's recent announcement over their algorithm shift to keep users in their own little happy bubbles is making its competition, like Steemit, shine.
The folks who drive pickup trucks are an ardent, consistent lot. They stick to the brand they like more than those who own SUVs, minivans or any other type of vehicle. They are however human, and the heart wants the half-ton that it wants, as the say
Don't be surprised to get 'a little something-something extra' from cannabis-friendly vendors
HOUSTON (Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.
Dennis Wingo sees metals mining, communication stations and telescopes on the moon. The combination of industries will make moon development viable.
President Donald Trump just sent a chill down the spine of Amazon CEO Jeff Bezos and his fellow techno-plutocrats by reiterating his support for an Internet tax.
Mike Novogratz, who recently scrapped plans for a cryptocurrency hedge fund, is launching a merchant bank for cryptocurrencies and blockchain-based ventures that he intends to take public, according to Bloomberg.
In the US, the latest batch of data, released this week, showed retail sales climbed in December for the sixth straight month - though they missed expectations, with growth slowing to 0.3% MoM.
Most likely, your expectations for the age of drone delivery involve cute li'l quadcopters that descend onto your porch with a gentle bzzzz, deposit a box of diapers or a pizza or whatever else you just ordered online, before zooming back to base, re
The co-founder of the world's largest social-media business saw his fortune fall $3.3 billion Friday after he posted plans to shift users' news feeds toward content from family and friends at the expense of material from media outlets and busines
Prediction 1: By the end of 2021, 25% of global manufacturers will apply machine learning to data across product development, supply chain, manufacturing, and service for more rapid decision support, improved quality, differentiated products, and inn
Virgin Galactic has completed another successful glide test of its VSS Unity spaceplane, putting the company on track to send tourists into space within months.
This week security experts found a website glitch on the e-commerce marketplace Overstock that let customers purchase items for a fraction of the price. The reason users were getting such huge discounts is because the system was accidentally allowing
At least two dozen times, the San Francisco headquarters locked down equipment in foreign offices to shield files from police raids.
Amazon, both good and bad is turning out to be the reincarnatin of 19th century Standard Oil. Both are Captains of Industry and Robber-barons. Here is the complete story.
China, the world's biggest and most established Technocracy, has all but achieved a totally cashless state by implementing digital e-payment systems via smart phones. Coupled with ubiquitous camera surveillance and identification, China will soon h
"Peeing on this ad may change your life," promises Ikea in a new print campaign. It may be the first time in advertising history that such a promise is actually an understatement.
In February of 2015, I wrote an article titled "Stock Buybacks and Sears' Death Spiral." In this article, I was critical of Sears Holdings Corporation's stock buybacks, totaling $6.011 billion, from 2005 through 2011. In the final paragraph o
Online retail giant Overstock.com has reportedly experienced a cryptocurrency payments bug that could have allowed customers to mint money simply via repeated cancellation of orders.
Over the weekend, we reported that in a move that will certainly not end well for investors, the New York Stock Exchange asked the SEC to approve five ETFs including 2x leveraged and inverse flavors, linked to Bitcoin futures...
The mainstream adoption of cryptocurrency is continuing on pace in all different business sectors and in many economies across the world. The latest example of this featured in the press is the recent acquisition of a home using bitcoin cash.
From a Las Vegas stage today, Toyota CEO Akio Toyoda asked an audience to imagine how the future of mobility could transform Burning Man. Then he put forward his own vision: the e-Palette. Like the humble slab of wood for which it's named, this elect
Now, the ten-year betting period is officially over.
The Theory of Interstellar Trade[1] is a paper written in 1978 by the economist Paul Krugman.
Cable and satellite TV providers are ringing in the new year with an unwelcome gift: higher cable bills.
Sears told its employees Thursday that it will be shuttering over 100 more stores.
