19
Jun
2016
DAO ether trading platform DOA after cyber-heist
This one is a heartbreaker, nobody likes to see malevolent actors succeeding in killing an entire company but that’s what’s happened with the ether crypto-currency trading platform DOA. Thieves have reportedly stolen $50 million in an “ongoing cyber-heist” from the platform, forcing it to shut down. Read More
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16
Jun
2016
Peak Hosting drops basket with big golden egg, files for bankruptcy
Oregon data center Peak Hosting has retreated from a “massive growth trajectory” and has laid off three quarters of its workforce (peaked at 200 f/t employees, now down to 50) and filed for bankruptcy after losing it’s biggest customer: mobile gaming company Machine Zone. The lost client was worth a reported $4 million/month in lost revenues.   Read More
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13
Jun
2016
Walgreens dumps Theranos
The major distribution channel for Theranos, Walgreens has ended the speculation that they may drop the disgraced biomed start-up by… dropping them. Not much left for this former unicorn. Forbes recently marked-to-market founder and CEO Elizabeth Holmes net worth from $4.5 billion …to zero. Read More
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13
Jun
2016
Dinner Lab files for bankruptcy
Pop-up dining start-up (I know I’m a square but, wtf is “pop up dining?”) Dinner Lab has burned through $10.2 million and filed for bankruptcy. Along the way they acquired competitor “Dishcrawl”, who I guess goes down with them now. Assets will be liquidated and creditors paid out. Members will probably be stiffed for their membership fees.   Read More
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8
Jun
2016
The 5 Deep State Scenarios of Donald Trump

I’ve never really bought this “loose canon / anti-establishment” candidate schtick. It looks like yet another con-job on the masses….The question is, which con is being run?

It truly boggles the mind that we are living in a world where we are facing an election for the world’s most important spokesmodel and the candidates will be Donald Trump (narcissistic, serial bankrupt) and Hillary Clinton (known racketeer and influence peddler).…

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8
Jun
2016
Charles Hugh Smith talks about A Radically Beneficial World
To kick off a new podcast series introducing our new line of audiobooks, Charles Hugh Smith joins Mark Jeftovic to discuss his new book, A Radically Beneficial World: Automation, Technology and Creating Jobs for All

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