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
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
Our first audiobook is Charles Hugh Smith's A Radically Beneficial World: Automation, Technology and Creating Jobs for All Read More
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
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
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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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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