In-flight Wi-Fi predicted to grow 600% by 2015

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Delta will be the first airline to expand its Wi-Fi service to regional jets.

More airlines are beginning to offer Wi-Fi service and travelers are increasingly expected to take advantage of in-flight Wi-Fi connectivity in the coming years.  A new report from In-Stat News found that in-flight Wi-Fi revenue is expected to grow from about $225 million in 2011 to over $1.5 billion in 2015.

 

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Study: Financial traders are more reckless than psychopaths

financial traders

UBS trader Kweku Adoboli allegedly made unauthorized trades that cost the Swiss investment bank billions.

Financial traders are more uncooperative than psychopaths, and also that they have a greater tendency for lying and risk-taking, according to a new study from a Swiss University.  The new research about financial traders and their personalities may shed some light on the behavior of Kweku Adoboli, the so-called “rogue” UBS trader who allegedly lost the bank $2.3 billion through unauthorized trading.

 

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Nevada’s big bet on ‘shell’ secrecy

nevada

Nevada is a magnet for businesses seeking secrecy.

In Nevada, the business of registering businesses is booming and the consultants in this thriving industry, many who are former felons, are aiding companies in seeking to avoid liabilty and disclosure.  But many of these consultants are former felons.   All of this comes at a time when Washington is calling on other nations to enforce greater transparency of financial flows.

 

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Patent Trolls costing an astronomical $500 Billion

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Another reason the patent system is so difficult.

Last month, Google stepped up to defend Android coders against notorious patent troll Lodsys. Apple fought the company a few months earlier on behalf of iOS developers. Patent reform is a hot topic right now, especially after President Obama just signed legislation that means the U.S. is shifting to a “first to file” (over “first to invent”) system. This won’t help much with the patent troll situation, which Boston University researchers James Bessen and Mike Meurer say have cost publicly-traded defendants $500 billion since 1990…

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U.S. Solar Industry now employs 100,000 people, grew 6.8% since August 2010

UK-renewable-dominanttttttt

That’s a net gain 6,700 jobs in one year!

Don’t let the Solyndra talk fool you: The clean energy sector is still booming. And even booming industries — maybe especially booming industries — see a fair share of once-promising companies go belly up. It’s unfortunate that the Obama administration once touted Solyndra as an example of the fast-growing renewable power sector, but its bankruptcy is a poor reflection of the industry’s health as a whole. In fact, renewable energy remains one of the few sectors to see consistent growth over the last couple years.

A new report highlights that health, revealing that the solar industry employs over 100,000 people, and added over 6,700 jobs in the last 12 months alone…

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