Did you know that America had an Export-Import Bank? The Export-Import Bank of the United States (Ex-Im Bank) approved a $922 million loan guarantee to support the export of three satellites and related equipment to the Mexican government for the MEXSAT regional mobile satellite system. Mexico’s Secretariat of Communications and Transportation will purchase the …
Continue reading “United States loans three satellites, worth $1 billion, to Mexico – MEXSAT”
A fascinating graphic and the article it is pulled from. Nokia led the wireless revolution in the 1990s and set its sights on ushering the world into the era of smartphones. Now that the smartphone era has arrived, the company is racing to roll out competitive products as its stock price collapses and …
Continue reading “R&D spending by the big three in smartphones – Nokia, Google, Apple”
Kayak is expected to start trading tomorrow, after waiting nearly a year for the turbulent IPO waters to subside. Later this afternoon, Kayak is planning to sell 3.5 million shares at $22 to $25 each, to raise as much as $100 million, according to its latest document filed with the Securities and Exchange Commission. But …
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The chinese are offshoring their work to find cheaper labor… The market leading computer manufacturer Foxconn is planning a new $1 billion facility in Indonesia. The new manufacturing plant will create around 1 million jobs in the region. Foxconn is currently discussing its plans with the Indonesian Ministry of Industry. Foxconn already operates several …
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U.S. venture capitalists put $8.1 billion into 812 deals in the second quarter of 2012, their single largest quarter in more than a decade, according to CB Insights. It’s clear that factors like the greater American economy and the bumpy tech IPO market don’t necessarily have a direct and/or timely correlation with venture capital spending. …
Continue reading “Venture capital investment had its biggest quarter (Q2 2012) of the decade”
Here’s more evidence that Netflix is slowly chipping away at traditional TV viewing. According to a public Facebook post by CEO Reed Hastings, Netflix subscribers watched a total of 1 billion hours of video for the first time in June. Do a little back-of-the-envelope math, and that comes out to more than an hour of video per …
Medicaid is the largest health insurance program in the United States. Presently, Medicaid provides health and long-term care coverage to 59 million individuals. Under the PPACA (Patient Protection and Affordable Care Act), Medicaid is set to expand its eligibility for coverage to include persons with income levels at or below 133 percent of the federal …
In the first decade of the 21st century, the population of the world produced more economic output than in the first 19 centuries of the common era combined. If people do make history, then two people make twice as much history as one. Since there are almost 7 billion people alive today, it follows …
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Government leaders, bankers and corporate CEOs took advantage of the gathering of 50,000 people at Rio+20 — the largest meeting in U.N. history — to announce new partnerships, programs and investments. U.N. Secretary-General Ban Ki-moon called the $513 billion in commitments “a significant legacy of this conference — billions of dollars’ worth of actions and …
If not for Machinima, you might be unaware that gamers are terrified of zombies and Return of the Jedi, when you really think about it, has a lot of plot holes. At this point, most of you are probably wondering: What is Machinima? An online programming company boasting a fanatical following among young males and a …
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