General Electric To Go Back To Their Roots

General Electric is making an effort to step away from banking and focus on their industrial roots by agreeing to sell the bulk of a division that finances leveraged buyouts to the Canada Pension Plan Investment Board in a $12 billion deal.“This announcement is the next step in G.E.’s transformation to a more focused industrial company,” said Keith S. Sherin, GE Capital’s chairman and chief executive.

Source: NY Times

Robotics Aid In Giving Hand Motor Deficient Independence

Individuals with limited or total loss of hand motor abilities may soon attain advanced prosthetics to perform everyday tasks with ease. Robotics expert Conor Walsh and a team of engineers at the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) and Wyss Institute for Biologically Inspired Engineering have developed a soft robotic glove that could aid those suffering from loss of motor control to regain some of their independence.

Source: Phys

Are You Ready For Retirement?

This infographic outlines the suggested savings one should have as they go through life to stay on track for retirement and highlights the differences between 401k and Roth IRA. Prepare yourself with this informative and artistic infographic.

Source: Money Crashers

Google Announces Singapore Expansion

Great news for internet users located in Asia: Google has announced its new data center in Singapore will add another multilevel data center right next door. The Singapore center is projected to be completed in two years. Google is strengthening its server capabilities around the world, particularly with its $600 million center in Oregon, but the rise in mobile internet in Asia has made this expansion particularly important.

Source: TechCrunch

Thomas Rizk with Nicholas Kristof, Brooke Shields, and Naila Bolus

Thomas Rizk and Linda Rizk, alongside journalist Nicholas Kristof, actress Brooke Shields, and Jumpstart CEO Naila Bolus, attend Jumpstart's Scribbles to Novels, the 10th anniversary fundraiser to support early childhood education.

Thomas Rizk with Family and Alonzo Mourning at the Rizk Ventures Holiday Party

Thomas Rizk with his family, Geoffrey Rizk, Linda Rizk, and Alexandra Rizk, presents a donation to the Mourning Family Foundation.

Thomas Rizk with Grammy-Nominated Singer Skylar Grey

Thomas Rizk and Linda Rizk with Grammy-nominated singer Skylar Grey at the Rizk Ventures Holiday Party.