The FBI and certain animal rights groups are at war. By Kristin Hugo.
Kwon Oh-hyun, Samsung Electronics’ CEO, vice chairman, and the head of its hugely successful components business, has announced his resignation. He will step down from the CEO role, as well as his positions on the board and as CEO of Samsung Display, in March 2018. "It is something I had been thinking long and hard about for quite some time. It has not been an easy decision, but I feel I can no longer put it off," Kwon said in a letter sent to employees. "As we are confronted with unprecedented crisis inside out, I believe that time has now come for the company start anew…
Large ISPs like Comcast and Verizon are often stuck between a rock and a hard place when it comes to adapting to the cord cutting revolution. They want to offer innovative, high value streaming video services — but they don't want users downgrading from their traditional, expensive cable TV services or they'll lose money. As a result they'll often offer products designed to seem innovative, yet fail to offer all that much value once you've added up all of the caveats and hidden additional fees and surcharges.
Coinbase just announced that users can instantly purchase cryptocurrency and have it be funded from a U.S. bank account. Until now, these types of purchases took between 3-5 days to complete, as Coinbase waited for funds to transfer via ACH before they credited your purchase. This wait meant that users would often get frustrated because of bitcoin’s inherent volatility — the price could fall (or rise) by 20 percent before you received your coins, but you were still locked into the price you paid five days earlier.
The research firm eMarketer says that by the end of last year 16.7 million U.S. adults had already cut the cord and that by the end of this year it will be 22 million. A day after DirecTV parent AT&T said it would lose subscribers because people are ditching their satellite and cable television services — a phenomenon known as cord-cutting — shares of companies heavily invested in the TV industry tumbled.
Royal Dutch Shell, a leading global oil and natural gas producer, will purchase a top European operator of electric vehicle charging stations in a push to roll out the technology at its service stations. Shell said Thursday that it would buy Netherlands-based NewMotion, which has produced more than 30,000 private charging stations and 50,000 public ones throughout Europe.