
Phantom tech firm worth billions, inexplicably
It has no assets, no revenues and no business plan to speak of. But a company called Cynk Technology has seen its value soar as high as $4.7 billion. ... more
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China to scrap purchase tax on electric vehicles
China will exempt electric cars and other types of "new energy" vehicles from purchase tax, the government said, as it seeks to reduce pollution and conserve resources. ... more
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Western researchers support international collaboration for planetary defence
NASA says on track to send astronauts around the Moon in 2026
How Aussies Are Cutting Paperwork From Everyday Life
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Solar power for facility at Guantanamo Bay Naval Base
Solar power use at Guantanamo Bay Naval Base has been enhanced through a contract awarded to Suniva Inc., a maker of photovoltaic solar cells and modules. ... more
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China bank denies state TV claims of 'dirty money' transfers
The Bank of China (BOC) has denied accusations by state television that it helped clients evade limits on money transfers overseas, in a rare attack by the government broadcaster against a state-backed institution. ... more
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Rideshare vs. taxi: the war flares up in the Big Apple
The battle between ride-sharing and traditional taxi service is heating up in New York, with a new rival for ride-seekers declared illegal even before launching. ... more
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US sues Amazon over charges for kids' online game buys
The US Federal Trade Commission sued Amazon Thursday for charging parents for what their children spent on online games without parental authorization. ... more
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Tesla slams China trademark action
Electric carmaker Tesla on Wednesday denounced a Chinese businessman's lawsuit seeking millions of dollars for alleged trademark infringement as an attempt to "steal" its property and "without any conceivable merit". ... more
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