LATAM fined 22 million over bribes

first_img<< Previous PostNext Post >> Wednesday, July 27, 2016 LATAM fined $22 million over bribes Tags: LATAM Tweet Source: The Associated Press SANTIAGO, Chile — U.S. authorities say Latin America’s largest airline has agreed to some $22 million in civil and criminal fines in connection with a scheme to pay bribes to end a labour strike in Argentina a decade ago.Chile-based carrier LATAM will pay $12.75 million to the U.S. Justice Department and $9.4 million including interest to the U.S. Securities and Exchange Commission.The penalties stem from an investigation into payments made in 2006 by LAN airlines, which merged with Brazil’s TAM in 2012 to create LATAM.The Justice Department said in a Monday statement that LAN had entered into a “fictitious $1.15 million consulting agreement with an advisor to the Secretary of Argentina’s Ministry of Transportation.” It said no consulting services were provided and the money was funneled to union officials.last_img read more

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Former Cardinals kicker Phil Dawson retires

first_img Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo This week, Campbell was similarly honored by NFL.com. The website ranked league players in pass-rushing ability but used different methods and metrics far more advanced than just looking at the number of sacks or quarterback pressures each individual had.However, with the Next Gen Stats data gleaned from the tracking chips in the players’ shoulder pads, we are now able to objectively measure just how far away opposing pass rushers are from the quarterback when they look to deliver their passes. In the latest edition of the Next Gen Stats rankings, we’ll reveal the Top-10 2016 interior defensive lineman at creating pressure by their average raw yards of distance from the opposing quarterback at the time of the throw or sack.According to the rankings, both traditional 4-3 defensive tackles and five-techniques who line up inside in odd fronts like the 3-4 base package were considered.Campbell was fifth on NFL.com’s list.Since establishing himself as a starter with the Cardinals in his second season back in 2009, Calais Campbell has been one of the best 3-4 defensive ends in the NFL. He’s averaged seven sacks per season since then. With 345 pass rush attempts this year, Campbell posted a 4.15 pressure score, checking in at the 95th percentile. The Cardinals led the NFL with 48 sacks this year, and two of their edge rushers in Chandler Jones and Markus Golden finished with double-digit sacks. The monstrous 6-foot-8 presence of Campbell helps free up a lot of action for everyone else in addition to the pressure he brings on his own.Ranking ahead of Campbell were Donald, Cincinnati’s Geno Atkins, Green Bay’s Mike Daniels and Dominique Easley of the Rams. Seattle Seahawks quarterback Russell Wilson (3) is pressured by Arizona Cardinals’ Calais Campbell in the first half of an NFL football game, Saturday, Dec. 24, 2016, in Seattle. (AP Photo/Ted S. Warren) Comments   Share   Derrick Hall satisfied with D-backs’ buying and selling Top Stories Grace expects Greinke trade to have emotional impact The 2016 season didn’t go according to plan for the Arizona Cardinals, but several individual players stood out.Defensive lineman Calais Campbell was one of them.Campbell, a nine-year veteran, finished the season with 63 tackles, 18 tackles-for-loss, eight sacks, two forced fumbles, three fumble recoveries, an interception, and his first career touchdown. The 30-year-old was the graded the second-best interior defender by Pro Football Focus earlier this offseason, behind only Aaron Donald of the Los Angeles Rams. last_img read more

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Mobile TV and ondemand specialist MobiTV is expan

first_imgMobile TV and on-demand specialist MobiTV is expanding its EMEA operations with the launch of a new London “hub”.The office will be managed and operated by MobiTV co-founder and president Paul Scanlan. He will continue to manage and grow all aspects of the company’s sales and partnership activity in EMEA.The company recently announced further upgrades to its TV everywhere proposition with the introduction of NDVR – a cloud-based solution that addresses digital rights management issues geographically.The EMEA markets have demonstrated strong growth potential for IPTV and TV everywhere,” said Scanlan.  “I look forward to MobiTV playing a key role in enabling the development and adoption of TV everywhere deployments in EMEA and other global markets.”
MobiTV will be exhibiting at IBC on Stand 14.151 in the Connected World Halllast_img read more

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Orange plans to go ahead with a plan to exercise i

first_imgOrange plans to go ahead with a plan to exercise its option to increase its stake in video sharing site Dailymotion from 49% to 100% before finding a new American partner to invest in the company, according to French press reports.According to reports, Orange will take full control of Dailymotion and then decide how big a stake to relinquish depending on the identity of any partner it finds to develop the company.Dailymotion is reportedly also planning to open a production studio in Paris. According to the reports, the 600 square metres studio will be opened between now and the end of May.last_img

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In This Issue   Bias to buy dollars remains

first_imgIn This Issue. *  Bias to buy dollars remains. *  Eurozone Confidence soars to 2-year high! *  Norwegian Retail Sales fall 1.3%. *  Canada’s Current Account Deficit widens. And, Now, Today’s Pfennig For Your Thoughts! A Curious Upward Revision in U.S. GDP. Good day. And a Happy Friday to one and all! It’s bound to be a Fantastico Friday, for a number of reasons. Let’s see. front and center, it’s the kick-off  of a 3-day holiday weekend. And, for those of us that get paid on the 15th & 30th, this is payday! Of which, I would rather receive one than eat one! (although it is a tasty candy bar!)  It’s also the end of a very long week for me, as I’ve been running hot & cold. This morning hasn’t started out good, in that regard, but. It can only get better from here! (See that’s me!, always looking forward to what’s ahead!) And today, could also be a little strange with the asset classes as the volume will go stealth around noon today, as the boys and girls in NY head to the Hamptons around noon. So be careful out there this morning..  And what the heck, why not just close the computer down (after reading the Pfennig of course!), close the books, and start your Labor Day Holiday early?  Sounds like a plan. and I love it when a plan comes together! The currencies are weaker again this morning, although most of the losses in value were booked yesterday. The U.S. surprised the markets with their ability to cook the books enough so that an upward revision in GDP didn’t look so curious to them. Of course it looked very curious to me, but then what else did I expect? The Fed Heads are bound and determined to get the unwinding of their latest bubble blowing machine started before they are unable to ever do it. And they would LOVE for the economic data to show the world that they are right to start tapering. It doesn’t matter that no one questioned how 2nd QTR GDP jumped from 1.7% in the first print to 2.5% in the 2nd print! Isn’t that just a little bit too much good, given the economic reports that started in March to be questionable at best?  Of course it is. But the media is living with the wool pulled over their eyes, and have no gumption to remove the wool. Isn’t it a shame? Well, I got my blood going good writing that, and listening to Edwyn Collins sing his song, “A Girl Like You”. That one will get your bopping in your chair!   Ok. back to the serious stuff!  I was interviewed by Kate Gibson of MarketWatch yesterday, she wanted to know  what I thought the reaction of the stock market would be after the GDP report. Now mind you, this was before the stock market opened. So, I checked the stock futures and they were only up .3%… So, I told her that I would think the stock jockeys would be torn between two things (like torn between two lovers). Normally, stock jockeys would love a strong GDP report. But with this report being the last GDP report before the Fed Heads meet in September, one would think that this could be the straw that stirs their tapering drink, and any talk of tapering hasn’t been for stocks..  Well, stocks ended the day up on the day. So, now the stock jockeys don’t think the Fed Heads can taper? I doubt it. They know it’s like California dreaming, it’s becoming a reality. A dear long time reader sent me a note yesterday and said that it’s not just me that people don’t want to come to listen to anymore, CNBC’s ratings are at a 20-year low. And just to throw gas on this fire. I saw over at zerohedge.com that they call the stock market the, ” Federal Reserve sponsored equity market” HAHAHAHAHAHA!   U.S. equity trading volume in August is the lowest on average in 16 years!  Where are the investors going? I wish I could say that bank deposits are soaring. but the money’s not there either. And we know that Treasuries now are treated like persona non gratis. So, in the words of Jerry Maguire. Show Me The Money! The euro is trying to hold on and stop the sliding this morning, and reports like the markets got on the European Confidence should help.  Economic Confidence in the Eurozone soared to a 2-year high this month, as the Consumer sentiment index rose from 92.5 in July to 95.2 in August. Earlier this week we had a positive IFO report on Business Confidence, so things are looking brighter for the Eurozone, which just recently climbed out of the recession hole they had fallen into about 2 years ago. The Eurozone economy, as a whole, but led by Germany of course, is gathering steam. And with each of these stronger reports, the fears of another rate cut, which was probably about to be made at the last European Central Bank (ECB) meeting, are erased. And that’s good for the euro, folks.. Norway received so not so good data this morning, as Retail Sales for July fell -1.3%, and the Unemployment rate remained steady at 2.8%… (it was expected to drop!) So the krone isn’t participating in the euro’s attempt to stop the sliding. I had a dear reader ask me about the krone, and whether he should bail or batten down the hatches. Well, you know me, I can’t really tell someone what to do, but I can give you my opinion, which can be wrong (my wife loves when I have to type that!)  But, I don’t know how long you’ve held krone. You could have huge gains in the currency or be seeing some red. But either way. are you diversifying your investment portfolio? Or just seeking currency gains?  To me, the only reason to do all this is to diversify your investment portfolio so that not all of the portfolio is denominated in dollars. In doing so, you provide a hedge against further dollar depreciation, which won’t be a one-way street, and you could see losses at times.  But you could also see currency gains on your hedge, and that would be like icing on the cake!  Remember, dollar weakness is equal to loss of purchasing power for the dollar holder. So, you have to read between the lines, but I think I told you what you wanted to know about holding krone. In Canada yesterday, we saw their Current Account Deficit widen, which I had thought would not be good for the loonie, and it wasn’t. Today, we’ll see the color of Canada’s 2nd QTR GDP.  I think we’ll see their 2nd QTR GDP come in around 1.7%, which is where the U.S.’s should have been before going through the donut maker.  Hmmm donuts. I think I’m doing my best Homer Simpson here, but my new taste for sweets, which I never really had before, but do now, has me thinking of donuts this morning. I’m just saying. The Brazilian real saw more strength yesterday. Twice this week the Brazilian Central Bank (BCB) has come to the aid of the real, first announcing a $60 Billion line to be used in intervention to defend the real, and then the 50 basis points rate hike I talked about yesterday. The double barrel shotgun approach has done wonders for the real which had fallen to a low of 2.4545 just a week ago to a recovering level of 2.36 this morning. (remember, real is a European priced currency, so as the price goes down, the value goes up!)  Of course 2.36 is still a long way away from the lofty numbers the real used to have associated to it. But a positive move is still better than opening a bag of bees. Gold is down $12 this morning, and has fallen back below $1,400. The Bloomberg has two stories this morning with different takes on Gold. the first one says, “Gold cuts monthly advance on speculation Fed will slow stimulus.”  And then that’s followed by one that says, “Gold trade most Bullish since March on Syria Crisis.”  So. what’s it gonna be boy? And just to repeat something I talked about yesterday, the miners in S. Africa have confirmed that they will go on strike on Monday. Hello, price manipulators? Yes, It’s Chuck calling again to harass you. I just want to ask you a question. How can you explain to regulators your ever expanding short positions, with the largest Gold producing country going on strike, thus limiting the supply of Gold?  Come on Lucy, you’ve got some ‘xplainin’ to do! The U.S. data cupboard will yield July readings of Personal Income & Spending this morning to end our week. I’m certain that once again, we’ll see that we spend more than we make. But think about this spending thing. I had a dealer friend (hi Shauna!) ask me if I thought everything in the world was OK now (with GDP up 2.5%)   and I said, “No. it’s all manipulated, cooked, and rolled out to make everyone happy so they’ll go and spend money on flat screen TV’s” . spend, spend, spend. That’s what would make the Fed Heads & the Gov’t happy. And it will make you happy too, until you realize that you could have bought Gold instead of another flat screen TV for your house that already has 6 TV’s! For What It’s Worth. It’s all me today folks. I’ve been doing a lot of deep thinking. (for my close circle of friends, we all know that means, right Kevin?)  I mentioned the Fed’s Bubble Blowing machine up top. and that’s the focus of my soap box speech today. Are you ready?  Here goes. OK. Several times over the past few years I’ve listed the things that Fed Head James Bullard was quoted as saying were the benefits of QE.  you know, lower rates, higher asset prices, and a lower dollar. But you know the one thing that he failed to list, and the one thing that the Fed refuses to admit they were a part of, is the bubble in Emerging Markets.  Unintended Consequences, I’ll call it.  You see, by keeping rates ultra-low, investors sought out higher yielding places to invest. Remember what I always say, money goes where it’s treated best.  Those places were the Emerging Markets.   So, with the fear of removing QE, the markets are automatically of the belief that interest rates will rise. Shoot Rudy, after Big Ben first muttered the word “taper”  Treasury yields have risen over 100 Basis points in the 10-year.  was that a sell the rumor buy the fact trade? I doubt it. Should the Fed really go through with tapering, I would think Treasury yields will continue to rise, and that will draw more money home to (where it’s treated best) The Fed tried very diligently to explain the difference between tapering and keeping their interest rates low, but the markets aren’t buying it. And the bond traders are taking back the responsibility of Treasury yields from the Fed. So, what does this all mean for the Emerging Markets? Well, it’s my opinion, and of course I could be wrong, that while suffering now, and in the near future, that the Emerging Markets will recover. First, without the off the charts growth, the Current Account Deficits they all have gained, will begin to narrow, and that will be a good thing going forward. Then organic growth in the countries, will take over, and within a few years, the Emerging Markets will be back to leading the world in growth.   And as far as the Fed’s Bubble Blowing machine goes. You know the Fed Heads refused to admit that they had anything to do with the Tech Bubble, or the Housing Bubble, but we all know what caused those, for I’ve explained it to you so many times in the past, that you probably could give the presentation on The Fed’s Bubbles instead of me!  Bill Fleckenstein wrote a great book about 7 years ago, called “Greenspan’s Bubbles. The Age of Ignorance at the Fed”.  Just in case you need some additional proof of what I tell you. And that ends today’s dissertation on what the Fed is doing to the Emerging Markets, I hope you enjoyed it. I’ll be back next week with more, so until then, Have Fun! To Recap. The bias to buy dollars remains throughout the currencies and metals this morning, although most of the value was transferred to dollars yesterday. Today could be strange with the boys and girls in NY heading to the Hamptons around noon today. Eurozone Confidence printed strong thus confirming the recovery is gathering pace. Gold falls back below $1,400, and the markets are torn on where to go with Gold. They should just ask me, I’ll tell them! Currencies today 8/30/13. American Style: A$ .8935, kiwi .7770, C$ .95, euro 1.3245, sterling 1.5505, Swiss $1.0755, . European Style: rand 10.3125, krone 6.11, SEK 6.6080, forint 227.05, zloty 3.2170, koruna 19.4180, RUB 33.24, yen 98.25, sing 1.2745, HKD 7.7555, INR 65.70, China 6.1709, pesos 13.30, BRL 2.3590, Dollar Index 81.95, Oil $107.85, 10-year 2.77%, Silver $23.69, Platinum $1,513.40, Palladium $728.58, and Gold. $1,395.12. and here’s the link to take a peek at the U.S. Debt Clock. click here. That’s it for today. Happy Birthday to my old latte’ Buddy, Michelle. She dropped me like a bad habit a few years ago, but I don’t hold that against her! HAHAHAHAHAHA!  (She didn’t drop me, I just stopped going, because I couldn’t drink coffee at that time) College Football began last night, and my beloved Missouri Tigers will play tomorrow night. I wish them well on their 2nd season in the SEC. I’ll be putting the Big Green Egg to the test this weekend. I can’t wait ! I love to have the smoker going early in the morning. I know sounds like Robert Duval in the Vietnam movie, when he said, ” I love the smell of napalm in the morning”.  But no! I love apple wood smoking filling the backyard with great aroma. It’s the little things that make me happy folks.  And with that, I’ll get this out the door. Thank you so much for reading the Pfennig, and I also thank all of you who send me notes applauding what I’ve written from time to time.  Just being myself. Now, it’s payday, it’s the kickoff of a 3-day holiday weekend, and it’s Friday, let’s go out and make it a Fantastico Friday!  Ready, Set, Go! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837last_img read more

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Dan Steinhart Managing Editor of The Casey Report

first_img Dan Steinhart Managing Editor of The Casey Report Dear Reader, Today’s entrée is a special treat. Doug Casey and Louis James talk gold, ISIS, oil, stock markets, and much more in a conversation about what to expect in the markets in 2015. This interview was originally published in The Casey Report. Before we get to the main event, I want to bring to your attention that enrollment in Casey’s Club is now open for a limited time. Yesterday, Marin Katusa did a better job explaining why you should join Casey’s Club than I ever could, so I’ll just add a quick anecdote about one very satisfied member of Casey’s Club. While it’s not uncommon for Casey’s Club members to send us glowing feedback like this… In less than a year I paid for my lifetime membership to Casey’s Club in one trade, and now I have a Casey free ride on balance and warrants. Many Thanks! – Steve A., Casey’s Club Member … one particular Casey’s Club member expressed how pleased he was in a way that I’d never seen before. He was so impressed with the quality of research that he asked to come work for Casey Research so he could see how it was done. In my mind, there’s no higher praise than that. We hired him as an intern, and he’s since gone on to become a principal at a global private equity firm. Casey’s Club is expensive, but it’s worth it. You can find all the details here. If you’re thinking about joining, act quickly. The enrollment period closes soon and won’t open again until 2016. Here’s Doug with Louis.last_img read more

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Cyber Crooks Go Phishing

first_img 3 min read Cyber Crooks Go Phishing Apply Now » Next Article Opinions expressed by Entrepreneur contributors are their own. Technology Kristin Edelhauser –sharescenter_img Phishing scams are back and more prevalent than ever. Find out how to avoid becoming a victim of a cyber scam. Large websites like PayPal, eBay and Amazon have all been targeted by phishing scam e-mails in the past, but experts say these days, online consumers are seeing even more “phishy” e-mails in their in-box.So what exactly is phishing? Phishing is the term used when online crooks pretend to be financial institutions or legitimate companies and send spam or pop-up messages to try to get you to reveal your personal information.One popular phishing e-mail that consumers should be wary of: e-mails urging them to enter personal information quickly so their order will arrive in time for special occasions and holidays. “Every year, especially during holidays, we’ve seen [this type of e-mail] ramp up bigger and bigger,” says Christopher Faulkner, CEO of CI Host, a Dallas-based web hosting and website management company.Despite public education about these types of e-mail scams, online crooks aren’t giving up just yet. “As folks get savvier to what cyber crooks are looking for, cyber crooks have to get their game better. They’ve not stopping and giving up–they’re just getting trickier and trickier,” Faulkner says. “Every year we see websites go up that appear to be just like eBay or Amazon–they’ve got the logos, they’ve got the look and feel–but they’re just a little bit different.” The “o” in Amazon, for instance, might be a “0” in the fake version of the site used by a phisher.If you do receive an e-mail similar to this but aren’t sure if it’s legit, put a call in to the customer service number provided on the official website of the company you ordered from to ask them about the e-mail. They’ll let you know if they really need more information or if the e-mail is a scam.Fake invitation e-mails are also common online scams, so be careful that you know the sender before replying to the e-mail. Also, be cautious with the amount of information you divulge on an invitation website. For instance, if the online invite is for your child’s birthday party, be careful not to insert any information about the child’s school, age or home address that online predators could latch onto. “We’re seeing a lot of invitations for children’s parties where parents are inviting all the child’s friends, and they’re listing the ages of the children,” says Faulkner. “Cyber predators can use this stuff to help target kids.”Faulkner says the best way to avoid falling victim to phishing is not to rush. If you’re in a panic to get your shopping done quickly, be it for a special occasion like a birthday or Christmas, you’re more likely to slip up and fall victim to an e-mail scam. “It could easily happen to you,” says Faulkner, “so be very alert out there and be cautious. If it’s too good to be true, it is, so pass on it and move on to the next deal.” Add to Queue 2019 Entrepreneur 360 List The only list that measures privately-held company performance across multiple dimensions—not just revenue. March 2, 2007last_img read more

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US Retail Sales Weak Cast a Cloud on Consumer Spending

first_img This story originally appeared on Reuters Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. 2 min read Enroll Now for $5 U.S. Retail Sales Weak, Cast a Cloud on Consumer Spending Economic Conditions January 14, 2015 Fireside Chat | July 25: Three Surprising Ways to Build Your Brand A gauge of U.S. consumer spending unexpectedly fell in December as demand fell almost across the board, but that is probably not the start of a weak trend given lower gasoline prices and a firming labor market.The Commerce Department said on Wednesday retail sales excluding automobiles, gasoline, building materials and food services fell 0.4 percent last month after a 0.6 percent rise in November.The so-called core retail sales correspond most closely with the consumer spending component of gross domestic product.Economists polled by Reuters had expected core retail sales to rise 0.4 percent last month.December’s surprise decline could temper expectations that consumer spending, which accounts for more than two-thirds of U.S. economic activity, accelerated sharply in the fourth quarter.But with the labor market strengthening and gasoline prices continuing to fall, December’s decline in core retail sales will likely be temporary.Core sales last month were weighed down by a 1.6 percent decline in receipts at electronic and appliance stores, as well as a 0.3 percent fall in sales at clothing stores. Online sales slipped 0.3 percent. There were also declines in receipts at sporting goods stores.Core sales were up 3.2 percent from a year earlier.Receipts at furniture stores rose 0.8 percent in December.Elsewhere, declining gasoline prices weighed on service station sales, with receipts falling 6.5 percent – the biggest decline since December 2008.That decline combined with a 0.7 percent fall in receipts at auto dealerships to push down overall retail sales 0.9 percent, the largest decline since January last year.November retail sales were revised down to show a 0.4 percent increase instead of the previously reported 0.7 percent advance.Sales for building materials and garden equipment fell 1.9 percent in December, while sales at restaurants and bars rose 0.8 percent.(Reporting by Lucia Mutikani; Editing by Andrea Ricci) Next Article Reuters Add to Queue –shareslast_img read more

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What Else Went Wrong for Apple Besides Predicted iPhone Slump

first_img 4 min read Learn how to successfully navigate family business dynamics and build businesses that excel. Next Article Free Webinar | July 31: Secrets to Running a Successful Family Business Image credit: Songquan Deng | Shutterstock Senior writer Register Now » Along with confirming a widely predicted decline in iPhones sales during the first three months of the year, Apple on Tuesday reported its first drop in quarterly revenue on an annual basis since 2003. But the whole point of quarterly earnings is to glean information we didn’t already know.So here are a few pieces of new information that are worth pondering as investors try to decide whether the most valuable U.S. public company is headed for a torturous decline or about to emerge triumphant again.CEO Tim Cook didn’t sound worried on the company’s call with analysts. “The future of Apple is very bright,” he said while alluding to exciting but unspecified new products.The China collapseIn recent years, most of Apple’s sales growth has come from China, but that engine too has greatly slowed. Apple said its China sales shrunk by more than a quarter to $12.5 billion. The rate of growth had already slipped to 14 percent last quarter’s from jumps of 99 percent, 112 percent, and 71 percent in the three prior quarter. Further, the challenges are increasing after China forced Apple to shut down its iBooks store and iTunes movie service last week after just six months in operation, reducing the appeal of the iOS ecosystem there.Last summer, CEO Tim Cook was disputing that the company had any issues in China, even emailing CNBC host Jim Cramer on August 24 to decry bearish comments.“I get updates on our performance in China every day, including this morning, and I can tell you that we have continued to experience strong growth for our business in China through July and August,” Cook wrote just eight months ago. “Growth in iPhone activations has actually accelerated over the past few weeks, and we have had the best performance of the year for the App Store in China during the last 2 weeks.”But since then, the economic situation has not gotten better, and Apple’s cheap phone competitors continue to nip at its heels. And with China already leading the world in smartphone sales, it has reached a saturation point with sales projected to increase less than 1 percent this year, according to market researcher Gartner.Other problematic productsApple’s iPhone accounts for the lion share of its total revenue but other products that could have made up for some of the quarter’s decline are also slowing.Revenue from iPad was down 19 percent from a year ago to $4.4 billion while sales of Macintosh computers declined 9 percent to $5.1 billion. Only revenue from services, which include sales of apps and media on the iTunes store, iCloud storage and other items, was a significant bright spot, increasing 20 percent to $6 billion. Still the dollar amount of the increase of about $1 billion did not come close to offsetting the $7.4 billion of lost iPhone sales.Investor payoffAs many declining tech companies have discovered, increasing a dividend and buying back stock can help lift share prices even when revenues are slipping. So Apple announced a $50 billion expansion to the company’s program to “return capital.” Under the bigger plan, Apple said it would spend a total of $250 billion by the end of March 2018. Of the total, $175 billion will go to buying back stock, up from $140 billion previously.The announcement didn’t help the stock price much after the disappointing results came out, however. Shares of Apple, which had already declined by 20 percent over the past year, lost another 8 percent in after hours trading. That’s a loss of $44 billion from Apple’s stock market capitalization.Apple WatchTim Cook didn’t reveal exact sales figures, but he said the sales met Apple’s own expectations. But he did give a clue. Sales of watches in the first year on the market exceeded sales of the iPhone in its first year. Apple sold about 6 million of its original iPhone. Again though, with an estimated average selling price of about $500, sales at level would be worth only $3 billion over the year, a drop in the bucket for Apple. What Else Went Wrong for Apple Besides Predicted iPhone Slump Aaron Pressman April 27, 2016 Apple Add to Queue –shares This story originally appeared on Fortune Magazinelast_img read more

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Apples iOS 10 Is Now Available in Public Beta Start Up Your

first_img Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Opinions expressed by Entrepreneur contributors are their own. Enroll Now for $5 July 8, 2016 Apple’s iOS 10 Is Now Available in Public Beta — Start Up Your Day Roundup Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. –shares Guest Writer Grace Readercenter_img Add to Queue Next Article 2 min read Start Up Your Day Looking for the latest headlines in small business, innovation and tech? Our Start Up Your Day recaps are posted every morning to keep you current.Try it out. Apple launched iOS 10 in public beta on Thursday.Submerged. Samsung has advertised that its Galaxy S7 Active can survive in five feet of water for up to 30 minutes, but it failed a Consumer Reports water resistance test.Playing by the rules. The IRS is investigating whether or not Facebook undervalued its assets in Ireland.Swipe right. Dating app Bumble is launching BumbleBizz, an app that will let you connect to other professionals in your area (for work purposes).I’ll be out today. Spotify will now create out-of-office messages for you — including a playlist of songs that are trending in your destination.Get listening. iHeartMedia has partnered with Libsyn to add 28,000 podcasts to its iHeartRadio streaming library.Don’t panic. Despite reports, Blackberry has announced that its iconic keyboard is here to stay.Fraught Frostys. The number of Wendy’s restaurants affected by a data breach is higher than previously thought and is now estimated at 1,025. Contributor Image credit: Bloomberg / Contributor | Getty Imageslast_img read more

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The Good and the Terrifying Things at Black Hat 2016

first_img August 9, 2016 This story originally appeared on PCMag Enroll Now for $5 Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Add to Queue Max Eddy & Neil J. Rubenking Conferences Fireside Chat | July 25: Three Surprising Ways to Build Your Brandcenter_img –shares 8 min read The Good and the Terrifying Things at Black Hat 2016 Contributors Black Hat is a gathering of security researchers, hackers and industry that meets in Las Vegas to do three things: outline the latest threats, show how the good guys and the bad guys can be defeated and launch attacks on the attendees. This year saw plenty of scary attacks, including one against show attendees, along with car hacks, new ways to steal cash from ATMs and why smart lightbulbs might not be as safe as we thought. But we also saw lots of reason to hope, like teaching machines to spot dangerous servers, using Dungeons and Dragons to train employees on handling security threats and how Apple handles the security of your iPhone. It was, all told, a pretty mind-bending year.The goodYes, Apple announced a bug bounty program at Black Hat. But that was just the last 10 minutes of a presentation by Ivan Krstic, Apple’s head of security engineering and architecture. During the preceding 40 minutes he offered an unprecedented deep dive into the ways Apple protects users’ devices and data, both from malefactors and from itself. And yes, it does involve using an honest-to-God blender. As Internet of Things devices become more and more popular, security professionals are becoming more and more concerned. These are, after all, devices with microcomputers connected to networks and fully capable of running code. That’s an attacker’s dream. The good news is, at least in the case of the Philip’s Hue system, creating a worm to jump from lightbulb to lightbulb is very difficult. The bad news? It’s apparently very simple to trick Hue systems into joining an attacker’s network.Every security training in every business include the admonition that employees should never click links in emails from unknown sources. And employees continue to be duped into clicking them regardless. Dr. Zinaida Benenson, from the University of Erlangen-Nuremberg, concluded that it’s simply not reasonable to expect employees to resist curiosity and other motivations. If you want them to be James Bond, you should put that in the job description and pay them accordingly.A lot of security research and execution can be mind-numbingly tedious, but new techniques in machine learning might soon lead to a safer Internet. Researchers detailed their efforts at teaching machines to identify botnet command and control servers, which allow the bad guys to control hundreds of thousands (if not millions) of infected computers. The tool could help keep a lid on such nefarious activity, but it wasn’t all heavy research. To conclude their session, researchers demonstrated how machine learning systems could be used to generate a passable Taylor Swift song.The who-knows hotel network may be fine for a pet supply conference, but not for Black Hat. The conference has its own entirely separate network and an impressive Network Operations Center to manage it. Visitors can peer in through the glass wall at the many glowing screens, hacker movies and long-term security experts in the NOC, which gets packed up in its entirety and moved around the world to the next Black Hat conference.IT security wonks and white-hat hackers just can’t get enough of security trainings, but they’re not the ones that really need them. The sales staff, HR team, and call center crew don’t necessarily understand or appreciate security trainings, and yet you really need them to step up their security game. Researcher Tiphaine Romand Latapie suggested reworking security training as a role-playing game. She found that it totally worked, and produced significant new engagement between the security team and the rest of the staff. Dungeons and dragons, anyone?Scam phone call are a huge problem. IRS scams convince unsuspecting Americans to fork over cash. Password reset scams trick call centers into giving away customer data. Professor Judith Tabron, a forensic linguist analyzed real scam calls and devised a two-part test to help you spot them. Read this and learn, OK? It’s a simple and worthwhile technique.The frighteningPwnie Express builds devices that monitor network airspace for anything untoward, and it’s a good thing, too, because the company discovered a massive Man-in-the-Middle attack at Black Hat this year. In this case, a malicious access point changed its SSID in order to fool phones and devices into joining the network, thinking it to be a safe, friendly network the device had seen before. In doing so, the attackers tricked some 35,000 people. While it’s great that the company was able to spot the attack, the fact that it was so massive is a reminder of how successful these attacks can be.Last year, Charlie Miller and Chris Valasek presented what many assumed was the pinnacle of their car hacking careers. They returned this year with even more daring attacks, ones that are able to apply the brakes or nab control of the steering wheel when the car is moving at any speed. Previous attacks could only be carried out when the car is traveling at 5Mph or lower. These new attacks could pose great risk to drivers, and will hopefully be swiftly patched by auto manufacturers. For their part, Valasek and Miller said they’re done hacking cars, but encouraged others to follow in their footsteps.If you watch Mr. Robot, you know that it’s possible to infect a victim’s computer by strewing USB drives around the parking lot. But does it really work? Elie Bursztein, anti-fraud and abuse research lead at Google, presented a two-part talk on the subject. The first part detailed a study that clearly showed it does work (and parking lots are better than hallways). The second part explained, in great detail, exactly how to build a USB drive that would totally take over any computer. Did you take notes?Drones were a hot item last holiday shopping season, and maybe not just for geeks. A presentation showed how the DJI Phantom 4 could be used to jam industrial wireless networks, spy on employees, and worse. The trick is that many critical, industrial sites use what’s called an “air gap” to protect sensitive computers. Basically, these are networks and devices that are isolated from the outside Internet. But small, maneuverable drones can bring the Internet to them instead.Machine learning is on the cusp of revolutionizing numerous tech industries, and that includes scammers. Researchers at Black Hat demonstrated how machines could also be taught to produce highly effective spear phishing messages. Their tool determines high-value targets, and then scours the victim’s tweets in order to craft a message that’s both relevant and irresistibly clickable. The team didn’t spread anything malicious with their spam bot, but it’s not hard to imagine scammers adopting these techniques.You expect free Wi-Fi in a hotel, and you may be savvy enough to realize it’s not necessarily secure. But an Airbnb or other short-term rental, security can potentially have the worst security ever. Why? Because guests before you had physical access to the router, meaning they could totally own it. Jeremy Galloway’s talk detailed what a hacker can do (it’s bad!), what you can do to stay safe, and what the property owner can do to deter such attacks. It’s a problem that’s not going away.In one of the most comprehensive talks at Black Hat, Rapid7’s Senior Pentester Weton Hecker demonstrated what might be a new model for fraud. His vision includes a massive network of compromised ATMs, point of sale machines (like in the grocery store) and gas pumps. These could steal victim’s payment information in real-time and then quickly enter them with the help of a motorized PIN-pushing device. The talk ended with an ATM spewing cash, and a vision of the future where scammers buy not individuals’ credit card information, but access to a massive real-time network of payment scams. That wasn’t the only presentation at Black Hat to detail attacks on payment systems. Another group of researchers showed off how, with a Raspberry Pi and a little effort, they were able to intercept oodles of personal information from chip card transactions. That’s particularly notable not only because chip cards (AKA EMV cards) are considered more secure than magswipe cards, but because the US has just begun rolling out chip cards domestically.Next year will bring new research, new hacks and new attacks. But Black Hat 2016 has set the tone for the year, showing that a hacker’s work (whether white- or black-hatted) is never really done. Now if you’ll excuse us, we’re going to shred our credit cards and go off to live in a Faraday Cage in the woods. Next Article last_img read more

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Silence Instagram Trolls With Keyword Filters

first_img Instagram today introduced a new comment-moderation tool.”We’re taking the next step to ensure Instagram remains a positive place to express yourself,” CEO Kevin Systrom wrote in a blog announcement. The photo-sharing service boasts a diverse community. But on social media, as in life, not everyone gets along. “To empower each individual, we need to promote a culture where everyone feels safe to be themselves without criticism or harassment,” Systrom said.So, Instagram is rolling out to all users a keyword-moderation tool. Simply tap the gear icon in your profile and look for “Comments” — under the Settings header, between “Mobile Data Use” and the option to save original photos).The feature lets anyone create a personalized list of words you consider offensive or inappropriate — whether it’s racial slurs, obscenity or just “Justin Bieber.” Users can build their own list or help themselves to the default words provided. Moving forward, comments featuring those words and phrases will be hidden from your posts, saving you the hassle of swiping to delete, reporting inappropriate comments and blocking accounts.”We know tools aren’t the only solution for this complex problem, but together we can work towards keeping Instagram a safe place for self-expression,” Systrom said.This week’s adjustments, he added, are not only his “personal wish,” but also “our responsibility as a company.”Over the summer, Instagram teased a new content-specific filtering feature that let users flip comments on and off on a per-post basis.Rival Twitter has faced backlash over its inability to effectively crack down on trolls and hateful comments. Last month it introduced two new features aimed at giving users more control: a new “quality filter” option to your notification settings that, when enabled, prevents you from seeing “lower-quality content”; and anotherthat will limit alerts to only people you follow. Silence Instagram Trolls With Keyword Filters Next Article All users can now blacklist specific words and phrases to ensure they will not appear in comments. September 13, 2016 Free Webinar | July 31: Secrets to Running a Successful Family Business Image credit: Shutterstock Add to Queue 2 min readcenter_img –shares Learn how to successfully navigate family business dynamics and build businesses that excel. Register Now » Instagram This story originally appeared on PCMag Stephanie Mlot Reporter at PCMaglast_img read more

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Video Conferencing Equipment Supplier IVCi Lists and Explains How Small Businesses Can

first_imgVideo Conferencing Equipment Supplier, IVCi, Lists and Explains How Small Businesses Can Benefit from Video Conferencing PRNewswireApril 30, 2019, 6:05 pmApril 30, 2019 Video conferencing is being rapidly adopted by businesses of all industries in place of voice conferencing, and for good reason. Small businesses stand to benefit the most from video conferencing because of its productivity and profit benefits.Video conferencing equipment supplier, IVCi, lists and explains how small businesses can benefit from video conferencing.Save money. Small businesses can use video conferencing to save money on the expenses associated with traditional in-person meetings. It also saves time for tasks like interviewing applicants and potential employees, which is a more efficient use of the company’s resources.Reduce travel costs. Video conferencing replicates in-person conversation without either party having to travel. Small businesses do not have the luxury of allocating large budgets to flying around the world for meetings, yet do not want to sacrifice the impact of face-to-face conversation. Video conferencing is the perfect way to eliminate travel costs while preserving the impact of an interaction.Marketing Technology News: SAP to Fund Internal Collaboration Startup Ruum With €10 MillionFoster teamwork. It’s becoming more and more common for small businesses to have employees work remotely. A major challenge with remote work is teamwork and communication. Video conferencing takes the place of in-person meetings and gives employees a platform to discuss projects and connect with each other.Improve communication and client connections. It is difficult to make a real connection with clients when communicating only by email or phone. Factors like body language and expressions make a big difference in how information is perceived. It also helps keep communication consistent, since video conferencing is fits much more easily into a busy schedule than in-person meetings.Increase productivity. Video conferencing saves a lot of time between reduced traveling, ease of scheduling, and improved collaboration. These factors combine to improve productivity all around. Time is one of the most valuable resources in any company, so saving it wherever you can makes a big difference.Marketing Technology News: Edge by Ascential Expands Ecommerce Features to Optimize Digital Shelf PerformanceVideo conferencing has transformed the way people communicate with colleagues, clients, potential employees, and the world.Marketing Technology News: Timothy Leonard Joins Kleinschmidt as Senior Vice President of Business Innovation Foster teamworkIncrease productivityIVCiMarketing Technology NewsNewsReduce travel costsvoice conferencing Previous ArticleeSentire Report: Volume of UK Cyber Attacks Increased by Over 140 Percent in 2018Next ArticleDirectLync Shakes Up Small Business Marketing with New Digital Marketing Platformlast_img read more

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Dynata Organizes for Future Growth

first_imgDynata Organizes for Future Growth PRNewswireMay 24, 2019, 1:36 pmMay 24, 2019 Newly Created Unit Accelerates Product Innovation and Development of First-Party Data Solutions for Marketing Services, and Operational Realignment Strengthens Customer ExperienceDynata, a global leader in first-party data and data services, is pleased to announce that it has aligned the company to provide greater value to customers, partners, and stakeholders. Dynata’s recent strategic mergers and acquisitions, new brand identity, and organizational realignment, have established the scale and capabilities necessary to become the world’s largest and most reliable permission-based, first-party data provider.Dynata SolutionsData-driven marketers and advertisers understand that first-party data adds enormous value across marketing channels, digital and offline, as they make business decisions on a global, enterprise scale. To expand its first-party data throughout the marketing services continuum, including media, advertising, CRM, and activation, as well as to accelerate innovation within its current portfolio of global products, the company has established a new unit named Dynata Solutions.Hugh Davis, former Co-Founder of Reimagine Holdings Group, recently acquired by Dynata, will lead the new unit, as President, Dynata Solutions. Davis will drive the business strategy and development of a comprehensive array of first-party data solutions, incorporating the benefits of Artificial Intelligence (AI) and machine learning to create robust automated and self-service data solutions.Marketing Technology News: MRC Continues DoubleVerify’s Accreditation for Desktop, Mobile Web & In-App Impressions, SIVT Traffic Filtration & ViewabilityCustomer ExperienceIn the Americas region, Dynata has realigned its sales and operational units into a new, integrated structure designed to provide an enhanced customer experience and deliver long-term growth. The holistic customer service approach is more closely aligned with customer needs and reflects Dynata’s increased focus on supporting its customers with a world-class experience.Keith Price, former Co-Founder of Reimagine, has been named President, Customer Experience, Americas and will lead Dynata’s efforts to create and implement a best-in-class customer experience for its customers in the Americas. This includes consistent delivery of high-quality data, modern data analysis technology, and seamless delivery of insights to empower customers to make quicker, more informed business decisions for better results.Marketing Technology News: Marking GDPR Anniversary, nCipher Survey Reveals Americans’ Data Privacy Attitudes“With the scale that has been created from the Research Now/SSI merger, in addition to the added capabilities from the recent Reimagine acquisition, we are strategically positioned for future growth,” said Gary S. Laben, CEO, Dynata. “The creation of Dynata Solutions will accelerate product innovation to meet the data-centric marketing needs of our clients, and greater alignment around our customers in the Americas will enable us to improve execution and increase efficiency for their businesses.”Marketing Technology News: Teleperformance Groups ‘Praxidia Knowledge Services’ partners with CallMiner to launch TP Interact – a Comprehensive Interaction Analytics Solution Acquisitioncrmcustomer experienceDynataMarketing TechnologyNewsReimagine Previous ArticleIo-Tahoe Integrates with OneTrust and Joins Data Discovery Partner ProgramNext ArticleEmployee Mistakes #1 Threat to Data Security in Hong Kong and Taiwan; Cloud Adoption Driving Encryption Says Ncipherlast_img read more

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Study Brain cells involved in memory play key role in reducing future

first_imgReviewed by James Ives, M.Psych. (Editor)Jan 18 2019Brain cells involved in memory play an important role after a meal in reducing future eating behavior, a finding that could be key in understanding and fighting obesity, according to a study led by Georgia State University.The study suggests neurons in the hippocampus, a brain region that is vital for personal memories, inhibit future eating behavior by consolidating the memory of the preceding meal. The findings are published in the journal eNeuro.Two-thirds of Americans are either overweight or obese, according to the Centers for Disease Control and Prevention, and overeating is a major cause of this epidemic.”Memories of recently eaten foods can serve as a powerful mechanism for controlling eating behavior because they provide you with a record of your recent intake that likely outlasts most of the hormonal and brain signals generated by your meal,” said Dr. Marise Parent, associate director of the Neuroscience Institute and professor of neuroscience and psychology at Georgia State. “But surprisingly, the brain regions that allow memory to control future eating behavior are largely unknown.”Related StoriesMercy Medical Center adds O-arm imaging system to improve spinal surgery resultsStudy provides new insight into longitudinal decline in brain network integrity associated with agingRepurposing a heart drug could increase survival rate of children with ependymomaHippocampal cells receive signals about hunger status and are connected to other brain areas that are important for starting and stopping eating. The researchers set out to determine if disrupting hippocampal function after a meal is eaten, when the memory of the meal is being stabilized, could promote eating later when these cells are functioning normally.They tested this prediction using an advanced method called optogenetics that uses light to control individual cells. Using this technique to inhibit hippocampal cells after rats ate a meal caused the animals to eat their next meal sooner and caused them to eat almost twice as much food during that next meal, even though the cells were no longer inhibited while the animals ate their next meal. This effect was observed regardless of whether the rats were offered rodent chow, a sugar solution or water sweetened with saccharin.The researchers found it interesting that rats would eat more saccharin after they interfered with their hippocampal function because this noncaloric sweetener produces very few gastrointestinal chemical signals generated by food. They concluded the effect they saw was most likely explained by an effect on memory consolidation, rather than by an impaired ability to process gastrointestinal messages.The findings have significant implications for understanding the causes of obesity and the ways to treat it. This research supports the idea that techniques that promote hippocampal-dependent memories of what, when and how much one eats could prove to be promising strategies for reducing eating and promoting weight loss. Source:https://news.gsu.edu/2019/01/17/researchers-identify-brain-cells-likely-involved-in-memories-of-eating-that-influence-next-meal/?utm_source=press-release&utm_medium=media&utm_campaign=eatinglast_img read more

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Airbus trials drone delivery to ships

first_imgSingapore is aiming to use drones for parcel delivery, inspecting buildings, providing security and other jobs Singapore is aiming to use drones for parcel delivery, inspecting buildings, providing security and other jobs, and is working with companies and regulators to put the ambitious plan into action.European aerospace giant Airbus said it completed the world’s first shore-to-ship package delivery using a drone. It involved the device carrying a 1.5 kilo (3.3-pound) parcel to a vessel anchored 1.5 kilometres (about a mile) from the coast.The drone took off from a pier and landed safely on the ship’s deck, deposited its cargo and returned to base, with the entire flight completed within 10 minutes, Airbus said in a statement.Airbus has partnered with maritime logistics and port services firm Wilhelmsen Ships Services for the trials.The drones involved can carry up to four kilos of cargo and navigate autonomously along a pre-determined flight corridor to vessels as far as three kilometres from the coast.At the moment, deliveries to ships anchored offshore are carried out by small boats.The use of drones can make deliveries to ships up to six times faster, lower delivery costs by up to 90 percent, cut companies’ carbon footprints and is safer, Airbus said. Citation: Airbus trials drone delivery to ships (2019, March 15) retrieved 17 July 2019 from https://phys.org/news/2019-03-airbus-trials-drone-delivery-ships.html Explore further Airbus unveils pioneering solar-powered dronecenter_img Airbus on Friday began trials of drones delivering parcels to ships anchored offshore in Singapore, as the high-tech city rolls out the devices for an array of tasks. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. © 2019 AFPlast_img read more

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