Category Archives: Technology and innovation

Fake Unicorns: Study Finds Average 49% Valuation Overstatement; Over Half Lose “Unicorn” Status When Corrected

Investors beware! A large scale study found that every unicorn it looked at was overvalued, on average to a significant degree.

How Electronic Health Records Degrade Care and Endanger Patients

A deep dive by a practicing surgeon into how electronic health care records are bad for patients and doctors but good for administrators.

Is Uber About to Take SoftBank for a Ride?

What to make of the rumor that SoftBank is interested in investing in Uber.

The US Retail Crisis

America is undergoing a retail sector crisis, partly related to the increase of competition from online commerce. We review this debate.

National Audit Office Warns of Brexit Customs IT Train Wreck….Nine Months After Naked Capitalism

Yet another big Brexit disaster in the making.

Hallucinating Banks Believe They Are Technology Start-Ups

Banks are trying to make out like they are technology start-ups. But what’s their agenda? As usual, it is theirs, not their customers’.

Wolf Richter: Cryptocurrencies Collapsed

Why “collapsed” is not too strong a word to describe the recent price action for currency wannabes.

EU Takes Stand Against Crapification

The EU takes a first step towards combatting planned obsolescence and manufacturer-only repairs.

US Copyright Office Wimps Out on Right to Repair

Report recognizes rationale for right to repair, via tweaks to existing rule-making procedures under existing copyright statutory framework.

Uber Spinning Out of Control: Employees Eyeing Exits as Press (Finally) Starts to Question Business Model

More on the upheaval at Uber.

The Wheels Come Off Uber

Uber is over. But since many have money and reputations at stake, and Uber has cash to burn, it will take a while for that to be undeniable.

New York Times Sends Cease & Desist Letter Over CalPERS’ Massive Copyright Infringement; Potential Damages Eight Figures for Times and WSJ Each; Theft Extends to Virtually Every News Publication in US

CalPERS, the biggest public pension fund, appears to have perpetrated the largest copyright infringement in the history of the news industry.

Can Uber Ever Deliver? Part Ten: The Uber Death Watch Begins

Why Uber is toast.