Answer Corp, parent company to Answers.com has filed for Chapter 11 bankruptcy in a maneuver to jettison close to half-a-billion in debt. Top creditors are: Yahoo, Inc. with an unsecured claim of $545,209.34. Taboola, Inc. with an unsecured claim of $411,754.97. Facebook with an unsecured claim of $295,000. Don Morrison, former vice president of Foresee, with a severance claim of $217,000. Amazon Web Services, Inc. with an unsecured claim of $200,000. This on the heels... Read More
After collecting pre-orders from approximately 60,000 customers, autonomous camera drone maker Lily Robotics has declared bankruptcy and is shutting down. The company is looking for a buyer for it’s intellectual property and claims it will refund all pre-orders. Lily Robotics raised $15M in funding and took in over $38M in pre-order cash. Read More
India’s Uber-wanna-be for cabs, Ola capitulated and took $300 million from existing hostage investor, Softbank at a $3.5B valuations, after 6 months of unsuccessfully scouring for $500M at a $5B valuation. They’ve raised $1.2B to date. Read More
Note
This was originally posted on my company blog given that it addresses boycotting tech companies based on who their customers are, I feel is highly relevant. It was posted to Hackernews (where I have a karma score over 1000) and despite a vigorous flurry of upvotes, it was repeatedly [flagged], even in light of being unflagged multiple times by mods.…
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Our second title is now available via Audible and iTunes, Charles Hugh Smith’s Why Our Status Quo Has Failed and is Beyond Reform. Narrated by: Leslie James Learn more here. Read More
20Oct2016
The Fact That 17 Intelligence Agencies Confirmed Russia is Behind the Email Hacks Isn’t Actually…a Fact
Briefly, because I’m trying to get some work done instead expending energy on this horrific, disgusting election cycle…
In last night’s debate Clinton stated that “17 intelligence agencies have confirmed that Russia is behind the email hacks” which were then turned over to Wikileaks.…
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