At 23 Drew Philip won an auction, inadvertently stepped into a community, learned to look out for his neighbors and found Detroit as a mirror of America

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Submitted on April 12th 2017 by baron778

An ad blocker that uses computer vision appears to be the most powerful ever devised and can evade all known anti ad blockers.

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Submitted on April 14th 2017 by aj0690 with 3 comments

Venture capitalists are bright, clannish and almost exclusively male.

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Submitted on April 12th 2017 by doodlegirl

A reminder that people who possess great wealth in a time of poverty are directly causing that poverty… By A.Q. Smith

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Submitted on April 11th 2017 by AdelleChattre with 2 comments

After a string of corporate crises, Uber is taking the unusual step of releasing financials to highlight its business growth. Uber's gross bookings for 2016 hit $20 billion, more than doubling from the year prior, according to financial figures the company provided to Bloomberg. Its net revenue, after drivers took their cut, totaled $6.5 billion for the year. But that rapid growth came at a cost. Uber says it lost $2.8 billion in 2016, excluding the China business it sold midway through the year.

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Submitted on April 15th 2017 by baron778

After awful supply issues, Nintendo's plug and play NES gets a shorter than expected run at retailers. Nintendo will discontinue the Nintendo Entertainment System: NES Classic Edition and the last shipments will go out to retailers throughout this month. A Nintendo representative provided the following statement to IGN...

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Submitted on April 14th 2017 by baron778 with 2 comments

Corporations are now treating the middle class like they treat the poor. By Jeff Spross.

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Submitted on April 13th 2017 by AdelleChattre with 3 comments

Studies supporting the value of marijuana for treating a variety of medical conditions have been available for several decades. Although the plant itself cannot be patented, the process for manufacturing compounds can be, which leaves the door open to Big Pharma to create a large range of medications based on marijuana that can be used for treatment of a variety of illnesses. However, many hope that the profit motive will not overwhelm the use of this remarkable plant.

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Submitted on April 16th 2017 by tranxene

Iowa farmer Karl Fox is drowning in corn.

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Submitted on April 11th 2017 by jcscher with 1 comments

Amazon’s digital assistant Alexa might show up in a lot of new devices soon. That’s because the online retail giant has decided to open up what amounts to Alexa’s ears, her 7-Mic Voice Processing Technology, to third party hardware makers who want to build the digital brain into their devices. The new development kit also includes access to Amazon’s proprietary software for wake word recognition, beamforming, noise reduction, and echo cancellation as well as reference client software for local device control and communication with the Alexa Voice Service.

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Submitted on April 14th 2017 by rawlings

Netflix is betting that filming closer to home will produce better content. In 2015, the streaming giant has announced that it would be doubling its output of original content, and it is aiming to have original productions make up half of its of its streaming catalog in the coming years. The goal is to entice users to come to the service by providing content that can’t be found elsewhere, but that goal is proving to be a strain on the existing film studio infrastructure.

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Submitted on April 12th 2017 by rexall

Demand for potato chips has surged in Japan this week, with products on offer for 6 times their retail price online after Japanese snack company Calbee Inc. halted the sale of some of its most popular chip brands.

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Submitted on April 14th 2017 by Appaloosa

Leaked internal emails appear to show employees at one of the world’s leading pharmaceutical companies calling for “celebration” over price hikes of cancer drugs, an investigation has revealed. Staff at Aspen Pharmacare reportedly plotted to destroy stocks of life-saving medicines during a price dispute with the Spanish health service in 2014. After purchasing five different cancer drugs from British firm GlaxoSmithKline (GSK)...

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Submitted on April 16th 2017 by cone

Investor Adam Draper recounts the day the US government sold 30,000 bitcoins at auction, a day he argues changed perception of the tech forever.

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Submitted on April 12th 2017 by Chubros

Not many events can compel people to shell out more than $150 to spend an entire Saturday perched on metal folding chairs inside a chilly, cavernous auditorium. But in Toronto, the prospect of getting rich in real estate will do the trick. Last month, a spectacle billed as the Real Estate Wealth Expo stormed into town, drawing upwards of 15,000 people to see an eclectic mix of speakers, from motivational speaker Tony Robbins to musician and gyration enthusiast Pitbull.

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Submitted on April 10th 2017 by ubthejudge

The luxury electric-car company Tesla has yet to turn a profit, losing hundreds of millions of dollars last year alone. But on Monday, the darling of Silicon Valley became the most valuable American car company, surpassing General Motors, the Detroit granddaddy with $10 billion in sales on nearly 10 million vehicles. Shares of Tesla, run by high-profile chief executive Elon Musk, put the company’s value at $51.5 billion, above GM’s $50.2 billion. Tesla blew by Ford ($44.6 billion) last week.

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Submitted on April 11th 2017 by geoleo

A traditional yurt on a pasturing site along Russia’s border with Mongolia. A remote cabin in the Russian arctic advertising a view of the northern lights. Or an 18th century manor house on the outskirts of St. Petersburg, complete with crystal chandeliers and a 25-hectare garden. More than two decades after communism, the San Francisco rental site Airbnb came to Russia in 2012. It promised to usher in the era of the sharing economy—replacing Soviet-era kommunalkas with hipster apartments.

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Submitted on April 16th 2017 by zritic

Horseshoe Crab blood is an irreplaceable medical marvel, and biomedical companies are bleeding thousands of crabs and throwing them back in the ocean. Can this creature that's been around since the dinosaurs be saved?

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Submitted on April 13th 2017 by Appaloosa

Art Cullen owns the 3,000-circulation Storm Lake Times with his brother John. His wife and son also work at the paper.

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Submitted on April 11th 2017 by AdelleChattre with 1 Related Links:

1. Pulitzer Prize Winning Work, Art Cullen of The Storm Lake Times, Storm Lake, IA Added by AdelleChattre on April 11th 2017.

Wall Street doesn’t love Twitter. Why not sell it to the users who do? By Maya Kosoff.

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Submitted on April 10th 2017 by AdelleChattre