THE titans of media in America have decided this is an opportune moment to join together in mega-mergers, the better to take on the giants of Silicon Valley. The problem for them is that the Department of Justice (DoJ), and President Donald Trump himself, are less keen. On November 8th reports surfaced that the DoJ […]
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WHEN staff at the Louvre in Paris head to the bathroom, the toilet lid opens as they approach, a warm seat heats their derrières, and, once done, their nether regions are washed and dried precisely. Selling the equipment is a coup for Toto, Japan’s biggest producer of “shower toilets”. Toto and its rival Lixil carve […]
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BOSCH is everywhere. It has 440 subsidiaries and employs 400,000 people in 60 countries. Its technology opens London’s Tower Bridge and closes packets of crisps and biscuits in factories from India to Mexico. Analysts call it a car-parts maker: it is the world’s largest, making everything from fuel-injection pumps to windscreen wipers. Consumers know it […]
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IN THE 1980s Margaret Thatcher and Ronald Reagan were both proud of their efforts to expand home ownership. In Britain, Thatcher presided over a fire sale of state-owned homes to tenants. In America, Reagan deregulated financial markets and expanded mortgage lending. At the time both countries provided generous mortgage-related tax breaks, making it easier to […]
Read moreThe history of housing and mortgage finance in this country has always been focused in one direction. For at least two hundred years, the policy of the United States has always emphasized that, for the good of the nation, people should own their own homes. This policy goes back to George Washington and his desire […]
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2017 has been loaded with excellent gadgets ranging from exciting new smartphones to smart speakers and home security products. Fortunately, as CNBC’s in-house technology product editor — and someone who has spent his entire career testing gadgets — I was able to call in and test dozens of new products that launched this year. That […]
Read moreMajor investors from Saudi Arabia and Japan are not pushing Uber to go public — but it’s the right thing for the company to IPO by 2019. That’s what Uber CEO Dara Khosrowshahi said on Thursday in his first high-profile appearance since he took the CEO role. “We have all of the disadvantages of being […]
Read moreIt is one of the fastest growing technologies around, but the majority of blockchain projects are abandoned within months, according to researchers. More than 26,000 open-source blockchain projects were created on the software collaboration platform GitHub in 2016, research by auditing giant Deloitte has revealed. But despite the overwhelming amount of interest in the technology, […]
Read moreA co-founder of Facebook bashed the company during an interview, saying that the social network was built to exploit vulnerabilities in human psychology. Sean Parker, the founding president of the company, told Axios in an interview Wednesday that the premise of the social media site — a “social-validation feedback loop” — is “exactly the kind […]
Read moreThe battle over the red-hot graphics chip market just got more interesting. Intel announced on Wednesday it hired the former head of AMD’s graphics business and will start a new high performance graphics group inside the company. Raja Koduri was named Intel’s chief architect and senior vice president of the newly formed Core and Visual […]
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