PG&E shareholder BlueMountain says bankruptcy filing would be ‘utter abdication’ of duty to shareholders – MarketWatch

PG&E Corp. PCG, +2.20% shareholder BlueMountain Capital Management LLC, said Thursday PG&E is “solvent,” and therefore believes a bankruptcy filing would be damaging, avoidable and unnecessary. “There is overwhelming evidence that PG&E is solvent,” BlueMountain said in a letter to PG&E’s board of directors. “We simply cannot recall a situation where such a valuable company…

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Hitachi shelves $20 billion nuclear power plant in UK – CNN

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Huawei’s Many Troubles: Bans, Alleged Spies, and Backdoors – WIRED

Bad news keeps piling up for Chinese telecommunications giant Huawei. Last week an employee was arrested in Poland on espionage charges. This week, the company’s products, which include both phones and network gear, were banned from Taiwanese government systems, the South China Morning Post reported, over concerns that Huawei could build backdoors into its products…

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Don’t underestimate Americans’ knowledge of Facebook’s business model – The Verge

As part of its ongoing study of attitudes about Facebook, Pew Research today released some new data on how well people understand the fundamentals of ad targeting. In The Verge, Julia Alexander has the key findings: Seventy-four percent of Facebook users are unaware that Facebook records a list of their interests for ad-targeting purposes, according…

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