Uber Thrown out of London

News stories did not say how Uber’s new CEO Dara Khosrowshahi will react to the situation. Although he certainly has his work cut out for him, a major job for Khosrowshahi will be to figure out a way to get rid of former Uber CEO Travis Kalanick and his sleazy associates.

Uber survived failure in China, but the debacle in the UK might be too much. One thing is clear, Uber will no longer be the world’s most valuable unicorn.

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Will Best Buy Survive the Retail Apocalypse?

Acquiring Best Buy would be a smart and logical move for Amazon.

Best Buy’s 1,026 stores would give Amazon a brick and mortar footprint for pickup and delivery. Those stores would serve as ideal locations for people to see and test Amazon merchandise and get familiar with new Amazon products such as Echo, Amazon TV, Kindle, and Fire. Best Buy could serve as Amazon’s answer to the Apple Store.

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Is Equifax Making Money?

Equifax has all the characteristics of a neat-little value investment, save one; it is grossly overpriced. My take is that EFX is still overpriced at $94.47 a share and it will drop a lot further.

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UPS Deploys First Daimler Electric Trucks

The eCanter trucks can move 62 miles (100 kilometers) on a charge of juice, which makes them an ideal urban delivery solution. The price of that power is still pretty high – it will cost around $180 to $200 a kilowatt hour to keep the eCanters on the road. 

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Nine Threats to Banks

Cryptocurrencies are a menace because they can form the basis of a wide variety of financial products including loans, bonds, and savings account. A major threat to banks is that fast-growing altcoins such as Bitcoin and Ethereum provide a better hedge against inflation than cash. Particularly dangerous to banks will be cryptocurrency Visa and MasterCard products that allow payment at brick and mortar stores with altcoins. Also on the horizon are cryptocurrency banks such as Change Bank. A major threat is that cryptocurrencies will become the money transfer mechanism of choice, allowing consumers to cut out banks completely.

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The Most Futuristic Trends in International Money Transfers

Similarly, these services are making it easier to transfer money internationally while on the go with least complications and steps involved. Back in the year, 2015 Australians paid three times more in fees by failing to compare the rates whereas today a survey by a Commonwealth Cank found that 2.4 million Australians; approximately 10 percent of the total population, are sending money internationally every year.  

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Chinese Government plans to Scrap Gas and Diesel Vehicles

This move will make China a leader in electric cars and potentially doom the United States to second rate power status.

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PayPal Keeps Growing and Growing

That situation is great for PayPal because it creates vast numbers of new customers. People who get used to paying for everything via their phones will start using PayPal for their banking and online payments. A major opportunity for PayPal is to serve as a pass through solution through which the proceeds of cryptocurrency transactions enter the traditional financial system.

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Commercial Hot Fusion is closer to Reality than you think

As you can see whoever starts marketing a commercial hot fusion process is going to make vast amounts of money. This is another reason why legendary value investor Bill Gates and his Microsoft (NYSE: MSTF) partner Paul Allen, are so interested in hot fusion. Allen is the owner of Tri Alpha Energy. They smell cash and lots of it in the world of hot fusion.

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