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Comment China blues (Score 5, Insightful) 120

China is due for a massive correction in the economy. Debt driven growth has reached saturation and from now on, we will see a lot of deleveraging and money being printed (ie. QE) to prevent deflation.

Acquisitions is one of the best ways to swap depreciating Yuan assets (to use as collateral) and turn them into foreign assets. As the likelihood that CNY will devalue increases, you will see more and more of these desperate deals.

Open Source

Linux 4.5 Adds Raspberry Pi 2 Support, AMD GPU Re-Clocking, Intel Kaby Lake (phoronix.com) 147

The Linux 4.5 merge window has been open for the last two weeks; that means that the 4.5-rc1 kernel is expected to emerge, with the official kernel following in about eight weeks. An anonymous reader writes with this top-level list of changes to look for, from Phoronix: Linux 4.5 is set to bring many new features across the kernel's 20 million line code-base. Among the new/improved features are Raspberry Pi 2 support, open-source Raspberry Pi 3D support, NVIDIA Tegra X1 / Jetson TX1 support, an open-source Vivante graphics driver, AMDGPU PowerPlay/re-clocking support, Intel Kaby Lake enablement, a Logitech racing wheel driver, improvements for handling suspended USB devices, new F2FS file-system features, and better Xbox One controller handling.

Comment Re:Uber is as safe as taxis (Score 1) 471

Liquidity is way overrated. This obsession with liquidity led to financial innovation like CDOs. Often a focus to increase liquidity mis-calculates risk and overlooks the trade-off.

For a local transportation services, I'd prefer price consistency over a step-improvement in efficiency by liquidity measures like surge pricing. Dual-rate peak pricing is only acceptable because it is consistently applied at a fixed schedule.

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