Technology

More than 130,000 Northern Rock mortgages owned by zombie bank

Around 130,000 customers of Northern Rock will find out in the coming months that the mortgage they have with the Newcastle-based lender, which was nationalised in 2008, is now owned by somebody else. The borrowers will receive notification from the zombie bank, which took over the parts of Northern Rock rescued by taxpayers, that their […]

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Clean Energy Revolution Is Ahead of Schedule

A new study published in Nature Climate Change has revealed that electric vehicle batteries are becoming cheaper faster than anticipated. According to Bjorn Nykvist and Mans Nilsson of the Stockholm Environment Institute, from 2007 to 2011, the average battery cost for battery-powered electric vehicles dropped by 14% annually. This is even more impressive when considering

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The New Age of Cyberwarfare

Slate explains why we should expect more attacks on companies like Sony Pictures. The hacking of Sony Pictures’ computer files, apparently in retaliation for a movie about a fictitious plot to assassinate North Korean leader Kim Jong-un, has cast a spotlight on the ever-evolving landscape of cybersecurity, cybercrime, and cyberwarfare.  To date, cyberattacks have been

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America Still Has Hundreds of Military Bases Worldwide. Have They Made Us Any Safer?

Since 1980, the United States has engaged in military action in 13 countries in the Greater Middle East, with every American president launching invasions, occupations, bombings, drone assassination campaigns, and cruise missile attacks. The US military has garrisoned the region, with a concentration rivaled only by the Cold War garrisoning of Western Europe, or the

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Can we say the @ThreeMuckrakers? What’s Behind the Great Podcast Renaissance?

The Daily Intelligencer asks. In 2001, Steve Jobs unveiled the iPod, a game-changing music player that enabled people to carry their entire album collections in their pockets. This was followed by the emergence of “podcasting” – a narrative audio genre that took the device’s name – which became a thriving mini-industry. From politics to sports,

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Study: Nuclear power not looking so good an option due to high operating costs

The latest World Nuclear Industry Status Report, released Tuesday, paints a bleak picture for the future of nuclear power. The annual assessment of the trends in nuclear power production and the state of nuclear reactors worldwide reveals that the industry is aging, plagued with high costs and construction delays, and generally on the decline.  Though

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