Sunday, May 22, 2016

Can Austin still be a tech hub without Lyft, Uber? and other top stories.

  • Can Austin still be a tech hub without Lyft, Uber?

    AUSTIN - Austin is still a city of innovation, despite the departure of Uber and Lyft.That's the message that Austin resident and tech CEO Arlo Gilbert wants the world to hear.But the city is facing some blow-back after it voted for stricter background checks for ride-hailing companies like Uber and Lyft.Both Uber and Lyft pulled out of the city two days later as a result -- and Silicon Valley has been vocal about what it thinks this means for the state of tech in Austin.Paul Graham, cofounder ..
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  • Biotech firm to pay $3.5M fine to settle animal-abuse case

    Biotech firm to pay $3.5M fine to settle animal-abuse case
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  • Union City boy, 9, hawks his smart watch at San Mateo Maker Faire

    Union City boy, 9, hawks his smart watch at San Mateo Maker Faire
    SAN MATEO -- At this year's sprawling celebration of creativity and design -- which includes displays as diverse as drone races and masking-tape sculptures -- 9-year-old Omkar Govil-Nair proudly peddled his smart watch for kids, while wiping chocolate ice cream from his cheek.Seated at the San Mateo Event Center Saturday, the young entrepreneur, who has been coming to the Maker Faire since he was 4, was free to be a kid -- and a technology maven."I made the smart watch for kids so they can easil..
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  • US, Japan disagreement on yen moves overshadows G7 meeting

    US, Japan disagreement on yen moves overshadows G7 meeting
    SENDAI, Japan The United States issued a fresh warning to Japan against intervening in currency markets on Saturday as the two countries' differences over foreign exchange overshadowed a Group of 7 finance leaders' gathering in the Asian nation.Japan and the United States are at logger-heads over currency policy with Washington saying Tokyo has no justification to intervene in the market to stem yen gains, given the currency's moves remain "orderly".The rift was on full show at the G7 finance ..
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  • Errant concentrated sunbeam starts fire at solar thermal plant in the desert

    Errant concentrated sunbeam starts fire at solar thermal plant in the desert
    Brightsource Energy This week, some misaligned mirrors at the biggest solar thermal energy plant in the US caused an electrical fire that took out one of the plant's three boiler towers. The fire comes as the plant has been under pressure from the California Public Utilities Commission (CPUC) for failing to meet its productions targets in the two years since the plant opened. The solar thermal plant, called the Ivanpah Solar Power Facility, is distinct from photovoltaic solar plants in that ..
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  • Fight for Viacom and Sumner Redstone's empire heats up

    Fight for Viacom and Sumner Redstone's empire heats up
    NEW YORK (CNNMoney) - Viacom controlling shareholder Sumner Redstone and his protege Philippe Dauman are engaged in an epic battle of control for the media company.Dauman, the CEO of Viacom, says Redstone's daughter Shari is pulling the strings of her sick father, taking steps that are against his wishes.Shari denies that. And no one knows what will happen next.The fight revolves around the trust that will control Viacom and Redstone's other business, CBS, after he dies. On Friday night, lawyer..
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City official arraigned on extortion charge .Two deadly earthquakes jolt Ecuador .
Boston students walk out to protest school cuts .12 sure-fire ways to torpedo your campaign -- unless you're Trump .

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