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 U.S. presidency against Hillary Rodham Clinton, and the political ball game has taken its toll on both the value of Bitcoin and our minds. Governments across the globe are recognizing Bitcoin, and this comes with its fair share of troubles and benefits. Japan is deregulating Bitcoin taxes here, China is allegedly pressing miners harder with taxes over there, and Donald Trump is suggesting the appointment of a Bitcoin skeptic as U.S. Treasurer. It is all a rollercoaster right now for cryptocurrency enthusiasts and investors. Lately, though, Bitcoin has gained momentum during the election cycle, and investors across the globe are rejoicing.

Donald Trump Win Soars Bitcoin

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

After Donald Trump won the bid for U.S. president, Bitcoin soared to a high of around $738 before dropping to approximately $720 the following day. Over the past few days, however, Bitcoin has appeared relatively stable. There has been a fair amount of trading volume but not much price movement. For the last four days, Bitcoin has traded roughly between $685 and $715, with its current price hovering around $710. Today’s low was $697, while today’s high reached $712, remaining close to its most recent trading range.

Prior to Donald Trump winning the U.S. presidency, the value of Bitcoin reached above $745, only to fall to $670 between November 3 and 5. Leading up to the election, Bitcoin experienced a steady climb from around $680 to $710 before peaking at approximately $740 on election night. Bitcoin’s rapid rise may have been a coincidence, but it appears that Donald Trump’s victory in the presidential election correlated with Bitcoin’s increase in value.

If you live in the U.S., who knows what may happen over the next few years now that Donald Trump is your president? We should expect continued momentum as we move closer to Donald Trump’s inauguration.