UK bribery investigation adds to Glencore’s legal headaches
By: Reuters Dec 06, 2019 The UK’s Serious Fraud Office (SFO) has launched a bribery investigation into Glencore (GLEN.L), adding to legal troubles that have hit the shares of one of the world’s biggest miners and commodity traders. The SFO said on Thursday it had opened an investigation into suspicions of bribery in the conduct […]
Why America’s 1-Percenters Are Richer Than Europe’s
By: Npr Dec 05, 2019 A new Gilded Age has emerged in America — a 21st century version. The wealth of the top 1% of Americans has grown dramatically in the past four decades, squeezing both the middle class and the poor. This is in sharp contrast to Europe and Asia, where the wealth of […]
Monetising hate: covert enterprise co-opts far-right Facebook pages to churn out anti-Islamic posts
By: The Guardian Dec 05, 2018 A mysterious group has used some of Facebook’s largest far-right pages to create a commercial enterprise that harvests anti-Islamic hate for profit and influences politics across the globe, a Guardian investigation has revealed. For the past two years the Israel-based group has co-opted at least 21 organically grown far-right […]
The complex ethics of Google’s controversial Project Nightingale
By: Siliconrepublic Dec 04, 2019 The US’s second-largest health system, Ascension, has agreed to allow Google access to tens of millions of patient records. The partnership, called Project Nightingale, aims to improve how information is used for patient care. Specifically, Ascension and Google are trying to build tools, including artificial intelligence and machine learning, “to make health […]
SpaceX’s Satellite Constellation Could Hide Killer Asteroids
By: Futurism December 04, 2019 SpaceX’s Starlink satellites could cost us more than a clear view of the stars. Astronomers have told Axios they fear the mega-constellation of tiny satellites could make it harder to spot asteroids near Earth — and that could mean they might not see one on a collision course with our planet in time […]
China is using blood from minorities for genetic research
By: Futurism December 04, 2019 China is running a disturbing genetic experiment on its persecuted Muslim Uigher population: trying to digitally reconstruct their faces based on genetic code. China has rounded up at least a million Uighurs and other minorities and placed them in detention camps. And now, The New York Times reports that the country is using […]
Scientists finally build artificial brain cells
By: Futurism Dec 03, 2019 Scientists have finally decoded the bizarre behaviors of brain cells — and recreated them in tiny computer chips. The tiny neurons could change the way we build medical devices because they replicate healthy biological activity but require only a billionth of the energy needed by microprocessors, according to a University of […]
Global Bank Job Cull Tops 75,000 This Year as UniCredit Cuts
By: Bloomberg Law Dec 03, 2019 UniCredit SpA’s plan to eliminate 8,000 jobs is pushing cuts announced by banks this year past 75,000, almost all of them in Europe, where negative interest rates and a slowing economy force lenders to slash costs. Chief Executive Officer Jean Pierre Mustier on Tuesday announced the measures as part of the next, […]
Silicon Valley giants accused of avoiding over $100 billion in taxes over the last decade
By: Consumer News and Business Channel Dec 03, 2019 Six of Silicon Valley’s biggest companies had a combined “tax gap” of more than $100 billion this decade, according to a new analysis. Fair Tax Mark, a British organization that certifies businesses for good tax conduct, assessed global tax payments from Facebook, Apple, Amazon, Netflix, Google […]