BMW Sales Jump on Sales of Cheap Models
courtesy of The Car Spy, via Wikimedia CommonsBMW brand sales rose 17.3% in May to 29,602. That allowed it to keep pace with sales of arch rival Mercedes. The gain owed a great deal…
All Work
Douglas A. McIntyre
Good-Bye to Elon Musk
Elon Musk, the CEO of Tesla Motors, began the victory lap of his final season as chief, although that season is four to five years away.
China Lists U.S. Companies “Spying” For Washington–People’s Daily Article
China used the People’s Daily to announce U.S. companies that the government claims are spies for the American government. The text of the article Companies asked by Washington to use online services to spy on customers Foreign technology services providers such as Google and Apple can become cybersecuritythreats to Chinese users, security analysts said, one week after China announced that it willput in place a security review on imported technology equipment. Other major tech companies, such as Yahoo, Cisco, Microsoft and Facebook, were requiredby the US National Security Agency to transfer their users’ information, according to WanTao, founder of Intelligence Defense Friends Laboratory, an independent institutionfocusing on cybersecurity in China. Wan said that online services have become a major way for the US to steal informationglobally. Ning Jiajun, a senior researcher at the Advisory Committee for State Informatization, said, “Previously, the US asked companies to install wiretapping software on their technologicalproducts, but if users found and shut down related functions, its ‘plan’ would fail,” he said. For instance, information on a Chinese organization can be stolen when it places an orderon an international shopping website, he said. With technologies such as cloud computing and big data getting popular, information can becollected and analyzed immediately, which means the damage can be much greater andmore difficult to prevent, analysts said. “It can be said that those who master online services can get more information incyberspace,” said Du Yuejin, director at the National Engineering Laboratory for CyberSecurity Emergency Response Technology. Last month, China’s Internet Media Research Center issued a report saying the NSAmakes use of large technology companies for its wiretapping plans, including Prism, whichwas unmasked by former NSA intelligence leaker Edward Snowden, asking them to collectinformation on their users and urging them to hand in the data regularly.…
Google Encrypted Gmail–The Official Announcement
Google (NASDAQ: GOOG) announced a new version of Gmail which it claims is encrypted in a way which will give users a remarkable level of privacy The official blog post When you mail a letter…
What Happened to the iPhone 7?
Many Apple customers, investors and developers were disappointed that the world's most innovative company did not release the new iPhone 6 or iWatch.
Why People Aren’t Buying Doughnuts Like They Used To
The doughnut business is in trouble. At least that is a conclusion that can be drawn from the earnings posted by Krispy Kreme Doughnuts and Wall Street's subsequent reaction.
A $48 Trillion Need to Meet World’s Energy Needs
ThinkstockThree times the current gross domestic product of the United States. That is the investment it will take to meet the world’s energy needs by 2035. The figure is open to debate because it tries…
Samsung Takes On Android
Samsung has decided that Google has become too powerful in the portable device consumer electronics business. Google's Android has steamrolled the smartphone industry.
Could Amazon German Strikes Spread to U.S.?
The strikes by Amazon.com warehouse workers in Germany are no longer just a pesky problem. The Verdi labor union wants to move to collective bargaining to improve the lot of almost 10,000 warehouse workers.
Samsung’s Indestructible Phone
Samsung's indestructible Galaxy S5 Active has just hit the shelves at AT&T stores. Both companies are about to find out whether anyone wants a smartphone that is almost bullet proof.
Boeing Expects Its Next-Generation Planes Will Drive Sales Surge
Boeing expects that as it moves to an era when the Dreamliner 787 is one of its best-selling models, its transition from older models will not hamper sales.
Why a Chevy Corvette Costs Less Than $54,000
GM's Chevy division sells its flagship Corvette Stingray Coupe for under $54,000. Since the car ranks as a world-class sports vehicle, in theory it should sell for much more.
Can Apple Return to All-Time High of $700?
After a year and a half of on-and-off skepticism about its prospects, Apple's shares could breach their all-time high of $705.07 reached on September 21, 2012. The stock topped $644 last week.
Tablet Sales Run Into Wall
The tablet was to be the salvation of the PC industry. Apple undermined those hopes with the success of its iPad.
Do Recalls Force More Recalls?
Ford Motor Co.How frightened are car companies of public opinion, personal liability suits, the National Highway Traffic Safety Administration and Congress? Frightened enough to recall cars they might not have in the past, or ones…
Unemployment Over 20% in Some Cities
Unemployment remains more than 20% in two of America’s metro areas, and above 15% in a number of others. While the recession may be over throughout most of the United States, it lingers in…
Does Tesla Deserve a Junk Bond Rating?
Standard & Poor's examined Tesla's debt and did not like what it saw. It issued a B- rating, which is below the level that categorizes the debt as junk. The assessment may be fair.
Chrysler, Nissan to Lead U.S. Car Sales Surge
Ford Motor Co.U.S. cars sales for May are expected to rise 6.7% to the highest level for any May since 2007. Total sales for the month should hit 1.54 million. Nissan and Chrysler will lead the…
Google Launches Car With No Brakes, No Steering
The Google driverless car has taken another step toward becoming a real consumer product with real sales. It will launch cars onto U.S. streets this year.
Walmart Needs a New Board
Walmart needs a new board. The conclusion of a recent report about Walmart's need for more independent directors was not aggressive enough to solve Walmart's severe governance flaws.