We all know the story behind Fisker, it was one of the world’s first plug-in hybrid electric vehicles in 2008, and even had a legal spat between Tesla, but shortly after in 2012 the company crashed and burned in bankruptcy. Last year, Henrik Fisker decided to relaunch his brand. He thought that one failure wasn’t enough—-just like Elon Musk’s SpaceX rockets.
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Yesterday, it was CHF Solutions - a $10 million market cap medical device-maker - that exploded 500% higher on no news, no catalyst, no event. Today it is the turn of China Advanced Construction...
China Advanced Construction Materials Group, Inc. produces construction materials for large-scale commercial, residential, and infrastructure developments. The Company is focused on ready-mix concrete materials.
The $14.8 million market cap company is now up 300% on 4 million shares traded...
A group of the world’s leading AI researchers and humanitarian organizations are warning about lethal autonomous weapons systems, or killer robots, that select and kill targets without human control.
Authored by Charles Hugh Smith via OfTwoMinds blog,
Needless but highly profitable forced-upgrades are the bread and butter of the tech industry.
One of the enduring mysteries in conventional economics (along with why wages for the bottom 95% have stagnated) is the recent decline in productivity gains (see chart). Since gains in productivity are the ultimate source of higher wages, these issues are related. Simply put, advances in productivity are core to widespread prosperity.
As tensions between the U.S. and North Korea mount, the DHS and FBI have just issued a pair of technical alerts about cyber attacks which they say are sponsored by the North Korean government and that have been targeting the aerospace, telecommunications and financial industries since 2016. According to the alert, North Korean hackers have used a type of malware referred to as “FALLCHILL” to gain entry to computer systems and compromise network systems.