95% of China’s Electric Vehicle Startups Face Wipeout

Chinas electric-vehicle industry, with 200-plus companies backed by a raft of billionaires, verges on a massive shakeout as the government imposes stricter technology standards on fledgling manufacturers and considers limiting their number to only 10. Any curbs would be aimed at weeding out the weak, said a senior executive with the state-backed auto manufacturers association, and they may push as...

Meet the Swankiest People of Americas Swankiest Car Competition

For one week every August, the center of the car world shifts away from Detroit, from Germany, from Silicon Valley, and settles on California’s Monterey Peninsula. In the space of a few days, auction houses sell off hundreds of fantastic vehicles for absurd amounts of money. Historic cars race at the nearby Mazda Raceway Laguna Seca track, while the...

29 Lessons From The Greatest Strategic Minds Who Ever Lived, Fought, Or Led

Whether youre starting a business, writing a book, playing a sport, or negotiating a salary increase with your boss, a strategy is essential. Without one, what exactly are you doing? Most people are not strategic. They are reactive. A critic of the inventor John DeLorean described the leadership style which sunk that company as chasing colored balloons. Meaning that hed...

For Dubai Government Workers, Today Was the Wrong Day to Turn Up Late

A bad day to turn up late: Dubais ruler encountered a lot of empty chairs on Sunday when he decided to do a surprise spot check on ordinarily busy government offices. A video showing Sheikh Mohammed bin Rashid Al Maktoum walking into the sparsely populated offices of the Land Department and Department of Economic Development at the start of the...

What this months Jet.com sale means for the future of retail

Toby RussellCrunch Network Contributor   Toby Russell is head of business and product at SHIFT Technologies, Inc., an online automobile marketplace based in San Francisco. How to join the network One in ten retail sales in the United States - a projected $373 billion in 2016 - happens online. Forrester predicts total U.S. online retail will grow to $500 billion by 2020. That...

Monese is an app that’s letting immigrants bank with less hassle

Image: monese/twitter Immigrants in most countries have a host of legal impediments that make many activities more difficult, but a new app called Monese (pronounced Muh-neez) is letting immigrants bank with less hassle in the UK. Unlike many banks that require special fees for immigrants, Monese offers low-cost international banking transactions and the option to withdraw and deposit money in multiple...

Opera says its service for syncing web browser data was hacked

Opera, whichrecently agreed to sell its browser business toa Chinese consortium, hasreset user passwords for one of its services after its servers were breached by hackers this week. The company revealedthat attackers gained access to Opera Sync, a service that lets users synchronize their browser data and settings across multiple platforms. Itis investigating the incident, but initiallybelieves the attack mayhave...

This German startup could inspire some sort of enthusiasm for banking

Berlin, which is home to N26, an app-based bank. Image: Wolfram Kastl/picture-alliance/dpa/AP Images BERLIN That is f*cking clever, said Ben Floyd, 33, as we sat in a trendy cafe in Berlins Mitte district. Floyd, who runs a digital agency in London, was showing me some features of N26, the mobile application he now uses as his bank in Germany. As he took...

The Robot Surgeon of Your Nightmares Can Wiggle Its Way Inside You

Form and functionThe Flex Robotic System is equipped with a high-definition camera and can bend to conform to a patients anatomy, allowing a surgeon to guide instruments through the patients body. Innovator: Howie ChosetAge: 47Professor at Carnegie Mellon Universitys Robotics Institute and co-founder of Medrobotics in Raynham, Mass. Setup A surgeon inserts the robot into a patients mouth and maneuvers it into...

Security News This Week: Hackers Spoil Their $1 Billion Bank Heist With a Typo

After the last months maelstrom of news around Apples fight with the FBI, this week felt like the eye of the storm, with a return to the business-as-usual news of data breaches and zero-days. But in the midst of that relative calm, the government shot back with its response to Apples legal argument against cracking the San Bernardino shooter’s...