UK wants tech giants to pay two percent tax on digital revenues
By AJ Dellinger From engadget The proposed tax targets companies like Facebook, Google and Amazon while sparing startups. The British government announced a new “digital services” tax that would take two percent of revenues generated by tech giants, according to…
Short seller Jim Chanos says Tesla headed for ‘Brick Wall’
From Newsmax Tesla Inc., a perennial target of short sellers, “is headed for a brick wall,” investor Jim Chanos said. “Every bull market has its poster children,” the president and founder of hedge fund Kynikos Associates Ltd said at an event…
Bezos surpasses Gates as World’s Richest Person ahead of Amazon results
NOTE: Since this story was posted two hours later Bill Gates returned as the richest person. Amazon’s earnings were not as high as predicted. From Newsmax A surge in Amazon.com Inc. shares Thursday morning in advance of the online retailer’s…
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Google sister company Debug to release 20 million mosquitoes infected with bacteria to stop wild bugs reproducing in Fresno experiment
By CHEYENNE MACDONALD From DAILYMAIL.COM Today [July 14], Verily is launching project to release 20 million mosquitoes in Fresno These ‘good bugs’ are infected with a bacteria that causes them to be sterile The experts say this approach, unlike…
