Wednesday, 9 May 2018

The HTC ship continues to sink as sales drop 55% in April

The HTC ship continues to sink as sales drop 55% in April

Taiwanese smartphone manufacturer HTC posted its first-quarter earnings for 2018. As one would expect, the news is not good: the company’s revenue for April 2018 is 55.4 percent lower than April 2017. The company only made 10.89 billion NT (~$365.3 million) in the first quarter of 2018, a 43.4 percent drop from Q1 2017.
Read more: https://www.androidauthority.com/htc-earnings-q1-2018-862881/?source=Snapzu

Allianz — Giant Insurer — Stops Insuring Coal Plants & Mines

Allianz — Giant Insurer — Stops Insuring Coal Plants & Mines

One of the world’s largest insurers, Allianz, has announced it will immediately cease insuring single coal-fired power plants and coal mines and further plans to phase out all coal risks by
Read more: https://cleantechnica.com/2018/05/08/allianz-giant-insurer-stops-insuring-coal-plants-mines/?source=Snapzu

Kafka’s Nightmare Emerges: China’s “Social Credit Score”

Kafka’s Nightmare Emerges: China’s “Social Credit Score”

China is rapidly building out a Total Surveillance State on a scale that far surpasses any government surveillance program in the West. The scope of this surveillance is so broad and pervasive that it borders on science fiction. By Charles Hugh Smith.
Read more: http://washingtonsblog.com/2018/05/kafkas-nightmare-emerges-chinas-social-credit-score.html?source=Snapzu

Glassdoor, the iconic job-hunting website, has been bought for $1.2 billion

Glassdoor, the iconic job-hunting website, has been bought for $1.2 billion

The buyer: Recruit Holdings, a Japanese human resources company that owns multiple job sites.
Read more: https://www.recode.net/2018/5/8/17333912/glassdoor-acquisiton-recruit-holdings-1-2-billion?source=Snapzu

Monday, 7 May 2018

Buffett bashes bitcoin as thriving on mystique, favours stocks

Buffett bashes bitcoin as thriving on mystique, favours stocks

Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as “rat poison squared,” thrive on the hope they’ll find other people who will pay more for it.
Read more: https://www.reuters.com/article/uk-berkshire-buffett-cnbc/buffett-bashes-bitcoin-as-thriving-on-mystique-favours-stocks-idUSKBN1I813N?source=Snapzu