Posts Tagged ‘reuters’

reuters posts
VW

VW's global car will change the industry forever

Some of the best minds in modern technology migrate to the automotive industry every year. From software to design, aerodynamics to aesthetics, the art and science of building cars is something that is in a constant state of flux. There have been innovations and additions made to vehicles, but there hasn’t been a game-changing shift in decades. Volkswagen and engineer Ulrich Hackenberg are working on changing that with their vision of a “global car”. It’s a concept that has been discussed for decades but has been too ambitious to implement. VW as been riding a string of victories over the past…

Google chief Schmidt to sell 42% of shares valued at $2.5 billion

Google chief Schmidt to sell 42% of shares valued at $2.5 billion

Google is trying to limit the damage done from the news that their former CEO and current Executive Chairman Eric Schmidt after they submitted a plan to the Securities and Exchange Commission to sell off around 42% of his stake in the search giant. At today’s current price of $785.37 per share, the 3.2 million shares he plans on selling over the next year would be worth around $2.5 billion. According to Reuters: The plan, which Google said would give Schmidt “individual asset diversification and liquidity,” allows Schmidt to spread trades out over a period of one year to reduce the market impact….

In Germany, you

In Germany, you're not expected to be able to live without internet access

The internet is officially an “essential” part of life in Germany according to a court ruling Thursday. According to Reuters: A German court ruled on Thursday that people have the right to claim compensation from service providers if their Internet access is disrupted, because the Internet is an “essential” part of life. The court likened the loss of internet access to the loss of vehicular access. In other words, internet service providers can be forced to compensate those who are not able to get the internet access they require. It has become a right rather than a privilege in Germany thanks…

Did Monster leak LinkedIn buyout rumors to spark interest?

Did Monster leak LinkedIn buyout rumors to spark interest?

Leaks often hit the press in an effort to change the reality of the news. They can be an effective way of drumming up more interest than a story really deserves and if BusinessInsider’s report is to be believed, that’s exactly what happened with the Monster.com/LinkedIn rumors that were circulating today. Initially, the story on Reuters was titled “LinkedIn, others weigh Monster deal: sources” but has been changed to “Exclusive: Monster deal heats up, LinkedIn to pass: sources”. Apparently, the professional social network did a courtesy call to discuss Monster but decided against pursuing…

In defense of Business Insider...

In defense of Business Insider...

It’s like clockwork. When anyone gets a payday, there are those who will express dissatisfaction with one thing or another that they’re doing to cheat the system, hurt the little guy, or kill innocent animals. Clockwork. Disclosure: I am an unpaid and (very) occasional contributor for Business Insider. Even if I were not, I would still defend them against the horde. First and foremost, everyone is right. Business Insider has made a killing by taking advantage of a system that is designed to reward content aggregation more than hard-hitting journalism. In the world of journalism, it’s an unfair…

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