When it comes to ransomware, you don't always get what you pay for. Colonial Pipeline, which operates more than 5,500 miles of fuel pipelines in the United States, found that out the hard way this week. It reportedly forked over almost $5 million worth of bitcoin to the hacking group that forced the company to proactively shut down its systems. But the company ended up using … [Read more...]
Advanced tax strategies for startup founders
Peyton Carr is a financial advisor to founders, entrepreneurs and their families, helping them with planning and investing. He is a managing director of Keystone Global Partners. More posts by this contributor What you need to know before selling your company’s stock Is your net worth too closely tied to your company’s success? As an entrepreneur, you … [Read more...]
Chrysler Motors dabbles in the Electric Van Market
German automaker Daimler said Wednesday it would deliver battery-powered trucks to selected clients for road testing and announced major new investments in electrifying its heavy-duty line. Ten Mercedes-Benz electric eActros trucks from the Stuttgart-based group -- the world's largest manufacturer in the sector -- will hit the road in the coming weeks, weighing in at either … [Read more...]
The Next iPhone X is it really worth $1k
The iPhone X is one of the most exciting phones released this decade – but not because it offers anything particularly innovative or new. It’s exciting because it’s the most radical redesign of an iPhone yet, tying together a number of key trends in the industry and adding in a level of polish that will attract legions of Apple fans to upgrade, and spend another couple of … [Read more...]
13-year Saturn Mission Ends In Fiery Space Crash
U.S. space agency NASA received the final signal from its Cassini spacecraft, which ended a groundbreaking 13-year Saturn mission on Friday with a meteor-like plunge into the planet’s atmosphere, transmitting data until the final moment. Cassini, the first spacecraft to orbit Saturn, ended its mission at 7:55 a.m. EDT (1155 GMT), shortly after it lost contact with … [Read more...]
The 400HP Lucid is almost here
The Lucid Air will have a starting price of $52,500, with standard features and options that make it competitive with high-end benchmarks.The Launch Edition will be limited to the first 255 cars off the production line and will be well appointed with distinguishing features. Free from space constraints of a conventional gasoline vehicle, explored the boundaries of proportion … [Read more...]
Sideways in the Snow
The Lucid team recently took the alpha development prototypes to northern Minnesota for winter testing, as the region provides the perfect environment for honing many vehicle attributes. Temperatures as low as -18F (-28C) are tough on just about every element of a vehicle. This extreme environment allows us to build upon extensive simulations and climate chamber development, … [Read more...]
IVC Filter Lawsuits are filling up in 2017
The IVC filter is a medical device that is implanted in the inferior vena cava (IVC), a large vein that carries blood from the lower body to the heart. It looks something like an umbrella with just the shaft and ribs but no covering. The filter is designed to trap blood clots that often form in the deep veins in the legs and subsequently break off and travel, via the IVC, to … [Read more...]
CH-53K King Stallion flight testing moves to Naval Air Station Patuxent River
July 5 (NAP) -- The CH-53K King Super Stallion has completed its first phase of test flights from West Palm Beach, Fla. to Naval Air Station Patuxent River, MD. as it transitions to its next test phase, Lockheed Martin announced on Wednesday. The flight was over 800 miles with a total flight time of six hours and is the first of a planned series of long-range flight tests … [Read more...]
Hacker sets off emergency sirens overnight in Dallas
April 8 (UPI) -- Officials in Dallas said the city's emergency siren system was hacked Friday night, setting all 156 sirens blaring multiple times in the middle of the night. The city was forced to manually shut down the siren system, which is typically only used during weather emergencies such as a tornado threat. It will not be fully operational again until Sunday or … [Read more...]