United States
Fed wants to shield taxpayers when banks go down
The Federal Reserve is implementing new rule especially in a bid to strengthen the global financial institutions. According to the proposal, all banks that operate in the US will be able to go down smoothly without causing too much collateral damage to the public.
Cloud storage startup ClearSky Data gets $27 million in Series B funding
Cloud storage is getting lots of attention recently as more companies shifting their data storage to cloud storage rather than physical storage. Due to high demand in the area, ClearSky Data, a company focusing on managing a hybrid data-management solution was awarded a $27 million worth of investment to expand its operation.
Task force for recreational drone registration convenes
A task force charged with recommending rules for registering recreational drones or unmanned aerial vehicles convenes this Tuesday. The group composed of more than 20 people will be holding meetings until November 5.
EdTech and MOOC Will Change College Degree
Technology has changed a global education with a MOOC (Massive Open Online Course). As the name suggests, it creates massive change in education around the world through an online course. It made a disruption in traditional college credential and created a new gold-class industry sector called EdTech, or Educational Technology.