Source Match Wholesale Industry News
Entrepreneur, hacker, and aspiring politician Kim Dotcom has said that he intends to launch an open-source, non-profit cloud storage service that will follow in the footsteps of his previous file-sharing sites Megaupload and Mega. In a user-led Q&A on Slashdot, Dotcom said that since leaving Mega he doesn't trust the service anymore, alleging that the site suffered "a hostile takeover by a Chinese investor" whose shares were subsequently seized by the New Zealand government, putting them in control of the site and putting users' data at risk. "As a result of this and a number of other confidential issues I don't trust Mega anymore.
Samsung is creating a multi-million dollar fund to compensate employees and contractors who developed cancer because of working in its factories. According to Reuters, Samsung is putting 100 billion won (around $85.8 million USD) into the fund, which will be used to compensate sick workers, make payments to the families of deceased workers, and fund research into increasing worker safety at its chip and display facilities. By one activist group's count, around 200 workers, 70 of whom have died, became sick while working at Samsung's plants. ...
A year and a half ago, OnePlus may as well have not existed. Then it announced the OnePlus One, a low-cost, unlocked smartphone that promised to rival the best flagship phones from known brands. Waitlists to purchase the phone stretched from weeks into months, and it took the better part of a year for OnePlus to catch up with the ravenous demand.
Tom Hayes, a former UBS and Citigroup trader, was found guilty of charges of conspiracy to defraud on Monday as a jury delivered its verdict in the first trial of a defendant accused of Libor interest rate rigging. Hayes, a 35-year-old former yen derivatives trader, faces up to 10 years in jail for each count of conspiracy over the manipulation of the London interbank offered rate (Libor), a crucial benchmark for around $450 trillion of financial contracts and consumer loans, between 2006 and 2010. Britain's Serious Fraud Office (SFO) alleged Hayes set up a network of brokers and traders that spanned 10 leading financial institutions and cajoled and at times bribed them to help rig rates, designed to reflect the cost of inter-bank borrowing, for profit.
Hackers blocked part of the German federal prosecutor's office, a spokeswoman said on Monday, but she could not give any details about the scope of the attack or the possible perpetrators. The attacks were claimed by a group demanding Berlin end support for the Ukrainian government, shortly before their leaders were to meet.
Financial data firm Markit said its final U.S. Manufacturing Purchasing Managers' Index rose to 53.8 in July, up slightly from 53.6 in June, which was its lowest level since October 2013. "The PMI picked up in July but the sector continues to endure one of the slowest growth phases seen over the past year and a half," said Chris Williamson, chief economist at Markit.
The most basic shift we can make in redefining success in our lives has to do with our strained relationship with sleep.As Dr. Michael Roizen, chief wellness officer of the Cleveland Clinic, put it, "Sleep is the most underrated health habit." Most of us fail to make good use of such an invaluable part of our lives.
U.S. consumer spending in June advanced at its slowest pace in fourth months as demand for automobiles softened, suggesting the economy lost some momentum at the end of the second quarter. Consumer spending rose 0.2 percent after a downwardly revised 0.7 percent increase in May, the Commerce Department said. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, was previously reported to have advanced 0.9 percent in May.
Fiat Chrysler Automobiles said over the weekend it is recalling about 322,000 Dodge Charger sedans in North America because side air bags can deploy when a car door is slammed. This is the same issue that led to the recall of about 844,000 of FCA's Ram pickup trucks earlier this month. FCA said it is aware of "three potentially related injuries, all described as minor, but no accidents" related to the Charger sedans.
Fujifilm's latest X-series camera is its least expected yet. The X-T1 IR is a variant of the fantastic X-T1 mirrorless camera, and matches it in just about every regard apart from its sensor — this model captures light from different parts of the spectrum, including ultraviolet and infrared as well as visible. Why would you want an infrared camera?
Soylent, the oddly named meal replacement with a niche following (particularly in the Valley) has announced its second product this morning: Soylent 2.0, which comes ready to drink in recyclable bottles. Traditionally, Soylent has been sold in powder form with the idea that the user would add water at their home, making as much as a full day's ration at once — it's cheaper and more efficient to produce and ship it that way. As a product, Soylent has always been about efficiency — so I asked its creator, Rob Rhinehart, why they were moving to a less efficient approach.
Recently, Senator Robert Casey (D-PA) held a conference call stating his opposition to a senate bill that, for all practical purposes, allows the Federal Government to impose transportation company mandates on all states. The New York Times shares the senator's concerns and more:"...Last month the House passed an appropriations bill that would...
PlayStation owners that subscribe to Sony's PlayStation Plus service already receive more than 60 free games a year (as well as, you know, access to online multiplayer), but Sony is now giving users more choice about which games they get with a new feature named Vote to Play. This will let subscribers vote for a single game from a selection picked by Sony, with the title that receives the most votes automatically included in a "future monthly games line-up. ...
If you play video games, you've probably seen the effects of Autodesk's work. Autodesk owns the Maya and 3ds Max modeling software, the Scaleform rendering engine, and a variety of animation and texture-making tools. On August 19th, though, they'll see a new competitor: Autodesk's own engine, called Stingray.