We all want to avoid a Terminator-style future where the machines have conquered humanity, but how do you do that? This is just one of the problems Google's Advanced Technology External Advisory Council (ATEAC) was supposed to help answer. It won't, though. Following some very public drama, Google has decided to dissolve the board and look for a different approach. Read More
If you've been keeping tabs on the business section of any general news site, you've probably heard about the current scandal rocking the deeply-connected world of corporations and politics in South Korea. The country's president Park Guen-hye was impeached by the parliament, and is currently on trial for fraud and coercion in soliciting bribes to pension charities. The situation has rocked the normally button-down circles of South Korean business, roping in many of the country's largest companies and senior government officials in the drama. Read More
Sprint is currently in the midst of a buyout with Japanese company SoftBank that would give the foreign telecom control of not only the Now Network, but Clearwire as well, and infuse the company with some much-needed cash. Dish Network, however, hopes to derail these plans with a bid of its own, offering more cash than Softbank has on the table, as well as synergy with its existing television and and broadband packages.
Dish is offering Sprint roughly $25.5 billion for the carrier. This is about $5 billion more than SoftBank is offering, and would keep ownership of the company within the U.S. Read More