This has the feel of a prank but…
Google.org, the search giant’s philanthropic arm, has given to “drive innovation in public transportation.” The New Zealand-based company is almost too weird to believe, but it’s described as “short to medium distance, urban personal transport, using human-powered vehicles on a monorail.”
Basically, people zooming around in pneumatic tubes, pedaling recumbent bikes. The grant comes as part of Google’s project 10^100.
After that first item, anything else is going to be a little blah, but here’s an IPO
China Ming Yang Wind Power will by selling 25 million American Depositary Shares at $14 to $16. China Ming Yang, the largest non-state owned wind turbine, will use most of the net proceeds of $338 million to expand production and $80 million to fund research and development. Morgan Stanley, Credit Suisse and BofA Merrill Lynch are the lead underwriters on the deal.
Climate Czar getting out, or just a piece of Politico speculation?
, the director of the White House Office of Energy and Climate Change Policy, thinking about heading toward the exit. You could probably write this story about any official in the White House right now. How much would you enjoy governing without a meaningful majority in either house?
Photo: Courtesy Shweeb