Technology

This week, the European Union agreed to end unjustified geoblocking after a late-night session.

Slowly but surely, Americans have been conditioned to give up any expectations of privacy in the name of public safety and/or for simple technological conveniences.  However, there remains, even today, a tiny sliver of the population that would prefer to not have their every movement tracked no matter how antiquated that makes them look. Be that as it may, per a recent discovery from Quartz, those old-school folks better hope they haven't been using an Android device for the past 11 months.

The Trump administration has just set in motion a plan to repeal virtually all of the U.S. government’s existing net neutrality rules — a move that could soon deliver a major deregulatory win to telecom/cable giants like AT&T, Charter, Comcast and Verizon.  Ironically, the move comes just as another Trump administration department, the DOJ, seems intent upon delivering a massive blow to AT&T's efforts to acquire Time Warner.

Authored by Julieanne Geiger via OilPrice.com,

If you can imagine a massive, horrifying beast with some 6 million miles of tentacles that costs up to $33 billion to feed and $5 trillion to replace, then you can imagine the U.S. electricity grid.

But it’s a beast that can possibly be vanquished, finally.

Earlier this summer we noted Uber's staggering 2Q cash burn of $600 million which equates to roughly $7 million in net cash outflows every single day.  The staggering, and consistently growing, cash burn figures resulted in several mutual funds announcing they would slash their valuations of the struggling rideshare company by up to 15%.