Technology

Famed cable and media investor John Malone, a man who repeatedly manages to cobble together some of the most complicated, and profitable, financial transactions in the world, appeared on CNBC this morning with a message for anyone in the "B2C business"...Amazon is going to use their scale to destroy you.  Speaking with CNBC's David Faber, Malone hilariously described Amazon as a "Death Star moving into striking range of every industry on the planet."

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.

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.