Faceboook has dropped $120 billion in early trading to $500 billion. * Facebook had 42% year-over-year revenue growth this quarter. They expect high single-digit drops each quarter to year-over-year revenue growth over the next few quarters. People will get more privacy options. They expect currency issues. Daily active users hit 1.47 billion, up only 1.44%. …
Many people are worried about their future jobs and about long recessions and economies collapsing. There is a good chance that there will be a strong global economic and technological boom throughout most of the 2020s and 2030s. Instead of 3% average annual World GDP growth the 2020s could see 4-6% annual GDP growth. Communication …
China’s debt-to-GDP ratio is the sum of corporate debt, household debt, and government debt all together as a portion of GDP. This ratio is currently around 250 to 260 percent of GDP. Globally, China is in the middle of the pack – higher than most developing but lower than most developed. Now think about at …
The USA and the EU have agreed on a trade deal which appears to avert a trade war. The EU will import more natural gas and soybeans from the USA and both sides will lower industrial tariffs. There will be no new tariffs while further negotiations are completed. There is the claim that they will …
Honeybee Robotics has been working on a Planetary Deep drill. It has been tested to a depth of about 100 feet (30 meters). The plan has to been to have the lightweight system reach kilometers of depth. This would be able to reach the liquid Lake on Mars. The Planetary Deep Drill is a wire-line …
The European Space Agency has used ground penetrating radar to detect an underground liquid water lake on Mars. The radar investigation shows that south polar region of Mars is made of many layers of ice and dust down to a depth of about 1.5 km in the 200 km-wide area analyzed in this study. A …
Geoffrey Landis works at NASA and has made many contributions to advanced space concepts. In particular to laser pushed sails. The interstellar distance issue was summarized Moon 0.5 million kilometers Mars 50 million kilometers (100X Moon distance) Jupiter 600 million kilometers (12X Mars distance) Pluto 6,000 million kilometers (10X Jupiter distance) Oort Cloud 7,000,000 million …
Tau is a blockchain system that intends to remove bottlenecks in large-scale human communication and accelerate productivity in human collaboration. They will use logic based Artificial Intelligence. Users can make statements to their Tau client. The Tau network matches consensus among its users in real time. Users choose to share selected opinions and preferences. The …
Kevin O’Leary is a Canadian businessman, author and television personality. He co-founded O’Leary Funds and SoftKey. He is famous for being on the Shark Tank TV show. Kevin has a net worth of over $400 million. China also has higher tariffs. China had developing nation status with the WTO. Kevin O’Leary wrote an opinion piece …
China Tower is raising US$8.7 billion in an IPO tomorrow. China Tower announced plans to speed up the construction of 5G networks and keep costs down by making use of electric power companies’ transmission towers. China Tower is more of 90% owned by China’s top three telecoms carriers – China Mobile, China Telecom and China …
Poland has had annual GDP growth that mostly stayed in the 3-7% from 1993 to 2018. Nominal GDP per capita went from $5000 per person in 1993 to about $15800 per person in 2018. On a purchasing power parity basis per capita income is $27000 per person which is about the same as Portugal. Poland …