Hyperloop One Employees Sue Employer

Hyperloop can be seen as a major upgrade to rail-based travel, but one of the major hyperloop projects, Hyperloop One, recently was sued by its former employees. What is Hyperloop? Hyperloop is a major change in passenger and freight travel with a fixed direction of travel. The most significant advantages are incredible traveling speeds and being encased  in a 'weatherproof' vacuum tube. Tesla and Space X investor, Elon Musk, was one of the major decision makers of deciding to open source the Hyperloop project (also open sourcing many other significant projects). Elon Musk is not directly associated with the Third Party company Hyperloop One.

Hyperloop One Sued By Rogue CTO

Hyperloop One's CTO and Co-Founder Brogan BamBrogan left the company and later sued Hyperloop One over allegations of breaching fiduciary duties and misusing corporate resources in early July of 2016. Within the same month, Hyperloop One reacted by counter-suing BamBrogan and several other employees who joined his lawsuit and claimed they staged a failed corporate coup.

Former CTO of Hyperloop One | Brogan BamBrogan

On November 18, 2016, Hyperloop One and Brogan BamBrogan, along with his associates, settled the lawsuit for an undisclosed amount.

This could mean interesting things for the general Hyperloop project. We may see a major rivalry if these two projects become successful. The competition here will be inevitable as many of these projects rush for open testing in the hopes of gaining corporate or government contracts.

Here are the names of the Former Employees who also joined Brogan BamBrogan in his lawsuit against Hyperloop One.






Former Assistant General Counsel | David Pendergast
Former Vice President For Finance | William Mulholland
Former Vice President For Business Development | Knut Sauer

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Canadian National Railway Settles And Wins $25 Million In Employee Scandal

Montreal, Canada | Canadian National Railway sues CP Rail, or Canadian Pacific Railway Ltd. (two of the largest railways in Canada) after Greg Shnerer quit CNR, to work for CP Rail. Canadian National Railway accuses Greg Shnerer of giving CP Rail confidential information. Canadian Pacific Rail agreed to pay Canadian National Railway $25 Million to settle the lawsuit out of court, after CN was originally seeking $74 Million. Derek Ackford was also involved within the case.

Calgary, Canada Based CP Rail states that them settling for $25 million does not reflect any liability that the employee did indeed take confidential information. This comes after the government of Alberta charged Canadian National Railway with breaking six statutes within the Environmental Protection and Enhancement Act in April 2015. CN hit a 52-week high in the stock market, the company is worth around $70 Billion.

Fidel Castro, Leader Of Cuba, Dies At 90

Fidel Castro, the infamous leader of Cuba, dies at 90 years old in Havana, Cuba. Castro, as leader of Cuba, has a net worth of over $900 million, and has lead Cuba since 1959 and transferred his leadership to his brother, Raul Castro.

Castro gained power after leading the resistance against the authoritarian President Fulgencio Batista, and proceeded to revolutionize how Cuba is managed. After decades of scrutiny, due to very controversial actions done so by the Castro administration when they were crushing dissent, the United States recently have lifted parts of an embargo/immigration policy that has lasted since 1958, which were worsened during the US and Soviet Union Cold War. Castro is revered by many as a positive force for 'socialistic' change, but has garnered mass hatred for the treatment of his people in Cuba.

How do you feel about the death of Fidel Castro?

Bitcoin Value Increased After Donald Trump Won The US Presidency

Donald Trump wins the US Presidency against Hillary Rodham Clinton and the political ball game has taken its toll on the value of Bitcoin along with our minds.. Governments across the globe are recognizing bitcoin, and this comes with a fair share of troubles (and benefits). Japan deregulating bitcoin taxes here, and China allegedly pressing harder on miners with taxes over there, and Donald Trump suggesting to appoint a Bitcoin skeptic as US Treasurer. It's all just a rollercoaster right now for cryptocurrency enthusiasts and investors. Lately though, Bitcoin has gotten a leg up during the election cycle, and investors across the globe are rejoicing!

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Donald Trump Win Soars Bitcoin

Former Leader Of Cuba, Fidel Castro has died! | Fidel Castro Died

After Donald Trump won the bid for US President, Bitcoin soared to a high of around $738. Then it dropped the day after to around $720. Now for the past few days, Bitcoin seems to be quite steady. There is a fair amount of volume but not much movement, Bitcoin for the last four days has been trading roughly between $685-715, with its current price around $710. Today's Low was $697, and today's Hi is $712 very close to its last few trades.

Prior to Donald Trump Winning the US Presidency the value of bitcoin reach above $745 only to fall to $670 Between November 3rd-5th. Leading up to the election bitcoin saw a steady climb from around $680-$710 before it capped during election night at $740. Bitcoin rising so quickly may be a coincidence, but it seems Donald Trump winning the presidency correlated with bitcoin's increase.

If you live in the US, who knows what may happen during the next few years now that Donald Trump is your president, we should be expecting momentum as we get ever closer to Donald Trump's inauguration.