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Apple’s macOS High Sierra is having a rotten week. First, an update featured a bug that let anyone create a root account on a Mac without a root password (if you don’t speak geek, it made it easy for anyone to gain admin rights to your computer). Turns out the patch to fix the bug introduced an entirely new bug. Luckily, there’s a quick fix...for now.
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Figure out Facebook’s algorithms, and you too can rule the Newsfeed. It’s a strategy executed to perfection by Bored Panda, a digital publisher that’s amassed more than 30 million likes, shares, reactions, and comments on its FB page just this past month (far more than BuzzFeed, CNN, and NYT). Even more remarkable? This isn’t some Silicon Valley unicorn. The 41-person team operates out of Vilnius, Lithuania.
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Harry Potter must’ve used his remaining PTO for the holiday season, as Barnes & Noble (-11.54%) blamed an 8% sales drop on the absence of a new book from the popular series. And despite promises of a rebound from CEO Demos Parneros, investors couldn’t overlook the glaring $30 million loss. It’s nothing new for the struggling book chain, which watched shares fall 37% this year. But this could mean its final chapter in the public markets. Barnes & Noble is already attracting suitors to take it private, with Sandell Asset Management writing up a deal for $650 million. It declined...primarily because the deal meant taking on $500 million in debt. But how long can it keep stiff-arming fate? As it stands, Barnes & Noble lost $345 million since 2010, nearly 120 store leases are set to expire each year moving forward, and non-book inventory has been sitting on shelves, gathering dust. Moving forward, Barnes & Noble has decided to “place a greater emphasis on books.” Certainly a compelling strategy for a bookstore. Source
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President Trump and China President Xi Jinping were one belly-bump shy of a bromance during last month’s trade talks. But now, U.S. and China are back at each other’s throats. U.S. hits first The Trump administration voted against recognizing China as a “market economy” in the WTO—a status that would allow China to export goods around the world at cheaper prices than competing countries. What allows China to sell at cheaper prices? For one, government-backed subsidies that enable Chinese companies to trim expenses from their operations. But China’s up in arms about the U.S.’ opposition. That’s because after joining the WTO in 2001, it was guaranteed market economy status 15 years later. So naturally, Xi kicked back As the world’s steelmakers gathered Thursday to discuss a global oversupply, China crossed its arms and refused to slow down production (or at least, to be the only one slowing down production). And that’s an issue, considering the country controls~50% of the world’s supply.
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This must mean that Amazon will launch it's own browser, operating system soon..... hardware soon thereafter? Will the Amazon phone relaunch?
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Coming soon to an office near you: Alexa for Business. Amazon’s virtual assistant is entering the workplace as a new tool for booking conference rooms, launching meetings, and maybe eventually getting your coffee order right. A leader in the voice-recognition field with the Echo, Amazon’s making professional waves—WeWork is already on board with the service. New Alexa “skills” will give workers the ability to dim lights, adjust room temperature, and send a notification to refill the printer (this will only get confusing for the office intern, Alexa). The effort to bring Alexa to work comes as the service is flanked by competitors Google, Siri, and Microsoft’s Cortana. But that shouldn’t hamper growth too much. Alexa device usage could reach 128 million by 2020. It’s still up in the air whether companies will be comfortable having a smart-speaker listening in on sensitive conversations, but Amazon insists nothing is sent to the cloud until a user says “Alexa.” “Alexa, please don’t share our company secrets.”
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With the passion over Catalan independence having apparently cooled off, Madrid is taking precautions to ensure things stay that way. The Spanish government has introduced an unusual ban in Barcelona - targeting the city's fountains. -
And they wonder why the deadly prison riots happen so often down there?
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Brazilian prosecutors have opened an investigation into three penitentiaries in Goias state after videos surfaced showing what seem to be prison guards torturing inmates. In videos believed to have been shot between 2014 and 2015, but only obtained this week by prosecutors, several guards can be seen repeatedly using stun guns on inmates who were already under control. Violence is rife in Brazil's overcrowded prison system. Earlier this year several prison riots left dozens of inmates dead.
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Market Movers by TradingView
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Some major stocks: Market quotes are powered by TradingView.com
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Market quotes are powered by TradingView.com
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Market quotes are powered by TradingView.com
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The Crown - About the life of Queen Elizabeth
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Wondering what is really inside what these people are vaping? It smells like lavender.
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If you are looking for a job do not contact a recruiting agency. What they’ll do is drag you in for an “interview.” Then make you an “MPC” — most placeable candidate— and literally try to sell you as a commodity with a huge fee tacked on your back. This makes it much more expensive to hire you. If a company actually expresses interest in hiring you they’ll throw as many candidates “like you” into the mix to compete with you so they can get a hire (commission). This screws you, the candidate, in so many ways. Job hunting? Contact an internal recruiter at the company you want to work for. They can tell you if you’re qualified. Big external recruiting firms require that their recruiters have upwards of 10 of these fake “MPC” interviews a week in hopes that they might sell you or someone like you for a huge fee somewhere. It's deceptive and despicable. Recruiting agencies should only be used when they contact you for an actual open job that is interviewing. That’s what they are supposed to be doing.
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Sure, Snap offers a new cast of dancing Bitmojis every time you hit “update” (that’s not gonna change). But with this new Netflix-style algorithm, the news on your Discover feed will be vetted and tailored specifically to your content-consuming history. And as Spiegel explained, it will put a 1,000-foot pole between Snap and other social media sites like Facebook and Twitter, where a friends-sharing-algorithm has populated newsfeeds with Fake News. And let’s face it, did Bethany really root out the source before sharing “7 Things Ryan Gosling and Your Cat Have in Common”? The new design/PR stunt comes at a pivotal time for Snap. Shares are down 45% since its IPO, Instagram Stories has almost lapped it in users (300M vs. 178M), and rev growth per user has been sluggish ($1.17 vs. $1.30 expected). Let’s hope weeding out Fake News is the real answer.
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BuzzFeed showed ESPN it’s not the only media company that can give employees the boot, laying off 8% of its U.S. workforce (mainly from its ad sales unit). Yes, there arestories BuzzFeed doesn’t want trending. But CEO Jonah Peretti suggests there’s more to the madness than meets the eye. BuzzFeed is merely diversifying from its tried-and-true method of native advertising, and focusing on revenue drivers like e-commerce and video production (BuzzFeed Studios, it’s a real thing). As for the shift, it’s no secret: Facebook and Google have cannibalized 63% of the market for U.S. digital ad spend. So much so that BuzzFeed will miss revenue expectations of $350 million this year by up to 20% (not to mention, it’s delaying a planned 2018 IPO). Still, with a “more diverse and balanced” business, Peretti is hoping to keep that $1.7 billion valuation. Until then? He’s in a corner office somewhere, watching Tasty videos till it all blows over.
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Gillette introduced a new line of lower-end razors.
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A computer glitch has left 15,000 American Air flights without a pilot in December.
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