Miami’s international banking clients move money to protect financial privacy
Under new IRS disclosure regulations, details about U.S. bank accounts held by foreign nonresident depositors could be shared with their home governments. As a result, bankers say hundreds of millions of dollars have left Florida since April. Miami’s position as a hemispheric banking capital could be weakened as some foreign depositors close their accounts in […]
Here comes the greatest Internet landgrab in history
Frank Schilling made his fortune in the aftermath of the dot-com bust, buying up thousands of domain names others didn’t want. He kept at it, aggressively building a portfolio of more than 320,000 domains that, through a combination of ads and outright sales, have made Schilling a decamillionaire many times over. Now the 43-year-old domainer […]
WiMAX and LTE – The Case for 4G Coexistence
Although the hype around WiMAX is quickly dissipating, we believe the standard has gained enough backing and volume to serve as an alternative for the provisioning of mobile broadband access. It has begun to carve out a tight niche tied to certain target opportunities, it has inspired a new wireless business model, and it has […]