October 2017 U.S. housing starts and residential permits grow at 12-month highs
New home constructions jumped 13.7% this October, representing the biggest surge in the past twelve months as housing starts saw…
November 17, 2017
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Volkswagen plans to spend $40 billion on electric cars and self-driving tech
The Short: European automaker Volkswagen will spend up to $40 billion over the next five years on developing electric cars…
Spotify acquires collaborative online music recording platform Soundtrap
The Short: While declining to provide financial details of the deal, streaming music major Spotify on Friday said that it…
UK probes Russia meddling in Brexit, asks Facebook, Twitter for evidence
The Short: The United Kingdom’s Minister for Digital Policy, Matthew Hancock, has publicly requested social media giants Facebook and Twitter…
MS-13 gang arrest figure jumps to 267 after Phase 2 of operations
The Short: U.S. law enforcement officials have so far arrested 267 members of MS-13, a violent street gang spread across…
Walmart straps a Jet(.com)pack to its back to conquer e-commerce
Walmart is on fire with its e-commerce growth, having posted in excess of 50% growth year over year for the…
We will strengthen missile defense capabilities to address North Korea threat: Japan PM Shinzo Abe
The Short: Japanese premiere Shinzo Abe considers the North Korea threat to be the gravest security worry his country has…
If you want wealth, rent and invest instead of buying a home: Academic study
The Short: A new study conducted by Florida Atlantic University, Florida International University and the University of Wyoming found that…
Russian diplomat Kislyak says list of Trump officials he spoke to “is so long”
The Short: In an interview with state-owned TV station Russia-1, former Russian ambassador to the U.S. Sergey Kislyak said he…
Two pathbreaking votes at the FCC favor media and phone companies
The Short: The U.S. Federal Communications Commission (FCC) headed by Ajit Pai, which is on a de-regulatory mission, took a major…
Airbnb Japan offices raided by regulators on suspicions of antitrust violation
The Snippet: Airbnb, while denying all wrongdoing, said on Friday that Japan Fair Trade Commission (JFTC) raided their local offices…
North Korea may be building ballistic missile submarine capable of nuclear warhead delivery
The Snippet: North Korea monitoring project 38 North has published some commercial satellite pictures of a naval shipyard in the…
Will the NFL really lose “massive tax breaks” if the Senate has its way?
The Snippet: Word is that the National Football League (NFL) is on the verge of losing its tax-exempt status, which…
Cryptocurrency Bitcoin (BTC) breached $8000 for the first time
The Short: Strong demand for Bitcoin (BTC) has pushed the world’s biggest currency tantalizingly close to $8,000 per coin on…
Acrobatic Robot? ALTAS, by SoftBank’s Boston Dynamics, now does backflips
A robot that can do things that the average human can’t? Built by Boston Dynamics, Atlas is promoted by the…
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