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Elon Musk unveils new plan for global satellite Internet, aims to fund city on Mars

2015-01-19 14:30:24| Extremetech

Elon Musk has unveiled a new plan to build a comprehensive network of satellites in low-Earth orbit. The goal? Complete Internet coverage for the entire planet, at terrestrial network latencies.

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Range Resources agrees to fine, promises to fund environmental project

2015-01-17 12:10:25| Energy - Topix.net

To settle charges that didn't accurately record how much water it was withdrawing from various waterways and that it was taking more than it was allowed, Range Resources Corp. has agreed to pay an $800,000 fine, plus fund a mine reclamation project.

Tags: range resources project fine

 
 

China starts CNY 40 bln fund for tech startups

2015-01-16 09:14:00| Telecompaper Headlines

(Telecompaper) The government of China is launching a new CNY 40 billion (USD 6.5 billion) venture capital fund to invest in seed-stage tech startups, the Financial Times reported. The fund will include capital from the government as well as from private investors. It will support the development of emerging industries, which the government said it hopes will translate into greater economic growth. The fund, announced by the State Council on 14 January, is part of a larger government effort to wean the economy off its dependence on fixed asset investment in infrastructure and property, and also to foster new opportunities for private sector companies.

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Mayor Hales: Portland transportation leaders pause street fund vote as legislature crafts transportation bill

2015-01-16 02:30:45| PortlandOnline

Tags: street bill vote leaders

 

Mercer names Tribeca as top fund

2015-01-15 23:54:06| Airlines - Topix.net

The Ebola virus was spreading ferociously across West Africa and oil prices were plunging in September when Sean Fenton made one of the biggest calls for his investment portfolio last year: buy Qantas Airways shares. "It was at a time when Ebola hit and airline stocks started to come under pressure.

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