Tag Archives: Ready

AT&T CEO says ready to invest, keep culture at Time Warner: CNBC
June 15, 2018 6:05 pm|Comments (0)

(Reuters) – AT&T Inc is committed to spend as much as needed on the media business of newly acquired Time Warner Inc, Chief Executive Randall Stephenson told CNBC on Friday, with a plan to invest $ 21 billion to $ 22 billion in the combined company.

FILE PHOTO: Chief Executive Officer of AT&T Randall Stephenson arrives at a U.S. District Court in Washington, D.C., U.S. April 19, 2018. REUTERS/Carlos Barria/File Photo

“We’re not going to be penny-wise and pound-foolish here,” Stephenson said in an interview on the financial news channel. “We intend to invest.”

The No. 2 U.S. wireless carrier closed its $ 85 billion acquisition of Time Warner on Thursday and now faces the task of integrating a media company into its operations as it seeks to rival Netflix Inc , Amazon.com Inc and other technology companies providing entertainment directly to customers.

That will be the job of John Stankey, who will lead the company’s combined entertainment business. Stephenson said on Friday AT&T intends to preserve Time Warner’s creative culture.

He acknowledged such differences in an email to AT&T and Time Warner employees late on Thursday, a copy of which was seen by Reuters.

“As different as our businesses are, I think you’ll find we have a lot in common,” wrote Stephenson. “We’re big fans of your talent and creativity. And you have my word that you will continue to have the creative freedom and resources to keep doing what you do best.”

Stephenson told CNBC he expects AT&T’s debt levels to come down quickly in about a year, returning to normal levels within four years at about 2.3 times earnings before interest, tax, depreciation and amortization.

Some analysts have raised concerns about the high level of debt the company took on to acquire Time Warner, about $ 180 billion at the close of the merger, Stephenson said.

AT&T’s spending plans include investing more in HBO, the premium TV channel with the hit show “Game of Thrones,” and expanding HBO’s direct-to-consumer platform, Stephenson said.

Reporting by Sheila Dang; Additional reporting by Diane Bartz in Washington; Editing by Bill Rigby

Tech

Posted in: Cloud Computing|Tags: , , , , , , , ,
Getting Ready To Watch On Demand Movies In On Demand Theater
May 29, 2018 6:08 pm|Comments (0)

This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here.

Today brings news that ticks three of our favorite boxes at Data Sheet: Futurism (the future is already here, it’s just not evenly distributed), clicks to bricks (online retailers opening physical stores), and the growth of Chinese tech giants (via a unit of Baidu (bidu) in this case). Aaron in for Adam on this four-day U.S. work week, thinking about the future of movies.

The actual news event is of the starting small variety. Baidu’s iQIYI, a video streaming service sometimes dubbed the Netflix of China, opened a tiny movie theater in the city of Zhongshang in the southern province of Guangdong. Adding a few dozen seats to the theater capacity of the city of about 3 million people sounds like a drop in the bucket.

But the new theater, called Yuke, is actually a series of mini-theaters, each with two to 10 seats, that can be rented by the hour to show any content available from iQIYI’s library. With cushy chairs, Dolby audio, and a screen much larger than a home TV, the on demand Yuke theaters represent a new hybrid way to consume streaming video. iQIYI, which went public in the United States a few months ago, says it plans to bring the Yuke concept to all of China’s major cities.

There have been rumors that Netflix (nflx) was pondering a more traditional theater play, as well. The Los Angeles Times reported last month that Netflix considered buying the Landmark Theatres chain, but ultimately rejected the idea as too costly. With malls facing increasing vacancies, maybe something more like iQIYI’s on-demand mini-theaters would be a smarter move for Netflix.

Tech

Posted in: Cloud Computing|Tags: , , , , ,
Sentiment Speaks: GLD May Not Yet Be Ready To Break Out
February 18, 2018 6:02 pm|Comments (0)

For those that follow me regularly, you will know that I have been tracking a set up for the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX), which I analyze as a proxy for the metals mining market. I believe that the GDX can outperform the general equity market once we confirm a long term break out has begun, and I still think we can see it in occur in 2018. This week, I will provide an update to the GDX, but want to also discuss the GLD, which is an ETF which attempts to mirror the movements of gold. While I have gone on record as to why I do not think the GLD is a wise long-term investment hold, I will still use it to track the market movements.

While the GDX did move through the resistance region I noted last weekend, it did not do so in what I wanted to see as an “impulsive” move. That is a term of art which means a standard 5-wave structure which adheres to our Fibonacci Pinball methodology. Rather, when the market broke out over 22.30, it set up to run strongly towards the 23.20 region, which is the analysis I presented to those that follow my work daily. In fact, just before the market opened on Valentines Day, I sent out an Alert to my members noting how I viewed the smaller degree structure:

“Over 22.30, and we have an initial indication of a bottom in place. 23.20 then becomes the next higher resistance.”

As we saw, the market broke over 22.30, and then moved quite strongly higher, and topped out this week at 23.16. But, as I noted once we reached the 23.20 resistance region, this can still be a 4th wave rally and point us down towards the low 20 region unless we are able to take out the 23.20 resistance strongly. As we now see, the market may be pointing us directly down towards that low 20 region in the GDX, as we have been unable to break over 23.20, and have turned down.

As far as the GLD is concerned, this is still presenting as a very bullish pattern. While I would have loved to have seen this break out already, the current micro structure is not strongly suggestive of an immediate break out. In fact, should we see an impulsive drop below 127 in the coming week, it opens the door to a drop down to at least the 124 region, but more preferably down to the 121.50-122 region, before we can set up again for a break out.

But, as I have noted many times before, for those who are looking for a long-term investment hold for gold, I would not suggest using the GLD as I have presented in this webinar I did some time ago. Rather, I tend to use the GLD as a trading vehicle rather than an investment vehicle.

Lastly, a break out over last week’s high in either GLD or GDX can alter the analysis presented above, as it is contingent on last week’s highs holding as resistance. Remember, we cannot know what will happen in the future with certainty. Rather, we can plan for what may happen based upon probabilities. But, we also have to know rather quickly when and where those probabilities are no longer in our favor. Remaining in a wrong position while “hoping” is what destroys more accounts than anything else.

Housekeeping Matters

It seems that Seeking Alpha has changed the way they tag articles. So, while my articles used to be sent out as an email to those that follow the metals complex, they are now only being sent out to those that have chosen to “follow” me. So, if you would like notification as to when my articles are published, please hit the button at the top to “follow” me. Thank you.

Disclosure: I am/we are long PHYSICAL METALS AND VARIOUS MINING STOCKS.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I hedged my portfolio on Friday with stops at 23.20 GDX.

Tech

Posted in: Cloud Computing|Tags: , , ,
This May Be The World's Single Largest Industry By 2050. Are You Ready For It?
September 6, 2017 9:43 pm|Comments (0)

Few things are getting as much attention as driverless cars. Google’s Waymo spinoff recently announced that its driverless cars have driven over 3 million miles, rumors are floating about Apple patents for autonomous vehicles and potential play in driverless, Uber and Lyft are both planning driverless fleets, and myriad companies such as Nutonomy, Torc Robotics, Mentor, Lvl5, and Skymind are all fueling what will be one of the most disruptive innovations of the last 200 years.

Autonomous vehicles (or AVs) will likely be the single greatest opportunity for the creation of value and wealth during the 21st Century. A study, done for Intel by Strategy Analytics, predicted a $ 7 trillion industry by 2050 making it one of, if not the single largest global industry.

Given the impact AVs will have it’s worth taking the time to understand the facts and to consider how AVs will impact you and your business trust me on this, they will! Yet, much of what we hear and read seems to either border on absurd promises or threats of a dystopian future in which cars are making life and death decisions in a crisis moment about whether to take out a family of four or a little old lady crossing the street in her walker.

So, I’m doing something a bit different with my Inc column this month. During September I’m going to run a series on autonomous vehicles, drawing on interviews I’ve had with CEOs of AV companies and developers of AV technology, lawyers, insurance companies, advocacy groups, first hand accounts with AVs, and excerpts from a new 2018 book I’m wrapping up, Revealing The Invisible: How Our Hidden Behaviors Are Becoming The Most Valuable Commodity Of The 21st Century.

The intent with this series of articles is to provide a realistic view of how AVs will evolve, the obstacles they face, and the dramatic changes they will bring.

So, lets start with the problem that AVs are trying to solve.

The Facts

There is no way that we can support 10 billion people with the same sort of vehicle infrastructure and culture we have today.

The automobile is part of the fabric of the modern world. We build an intense cultural and personal bond with our vehicles. They define a person’s identity. They are also the backbone of commerce. As an industry, vehicle manufacturing is large enough to represent the equivalent of the world’s sixth largest economy, employing over 50 million people and producing nearly 100 million vehicles each year. Yet, there is simply no way that we can support a global population reaching 10 billion people with the same sort of vehicle infrastructure we have today. Our cars remain idle 90% of the time. There’s no other individual asset nearly as expensive to own that gets that little utilization.

Vehicle’s account for 1.3 million deaths each year.

That places them as the 10th leading cause of death globally and the only non-disease related cause in the top 10. If you adjust for the fact that there are only one billion vehicles globally, as opposed to the fact that all seven billion people are subject to the other 9 risk factors, you could make the claim that vehicles are the leading cause of death for those who own or interact with an automobile.

Automobiles have a strained relationship with an aging population.

Few of us have not had to deal with the very hard conversation, or worse yet unilateral decision, of taking the car keys away from a parent. The automobile is perhaps one of the greatest statements of independence in modern society. When it’s taken away it takes with it not just the license to drive but the license to live a full life. According the AAA seniors are outliving their ability to drive by 7-10 years on average. This will be you soon enough.

Autonomous vehicles are going to be a watershed moment in our acceptance of artificial intelligence.

Once we feel safe enough in an AV to transition from driver to passenger, and have experienced its ability to transport us faster, keep us safer, and understand our behaviors better than we can ourselves A.I. will have arrived. There’s no doubt in my mind that the AV will be the proof point and the watershed moment for AI’s acceptance.

The impact of vehicles on global pollution and climate change.

And lastly, let’s not forget the impact of vehicles on global pollution and climate change. According to a study by NASA vehicles are the single largest contributor to climate change. Today transportation contributes more to greenhouse emission than the entire energy sector of the US economy. 26% of greenhouse gases come from vehicles. Even without moving to electric vehicles the reductions that come from the efficiency of AVs in terms of their ability to communicate with each other (V2V – Vehicle to Vehicle)) and infrastructure (V2I – Vehicle to Infrastructure) would eliminate traffic congestion and the need for street lights.

When you consider all of these factors converging it’s impossible not to believe that it’s just a matter of time until AVs are an essential part of our world. Does that mean that there aren’t technical, cultural, social, and even ethical obstacles ahead? Of course not! This is likely to be one of the most profound transformations we will experience in our lifetime. But it’s also likely to be one of the messiest as hundreds of companies race to bring AVs to market, regulators try to set standards, and driver learn how to become passengers.

In my next column we’ll look at some of those challenges through the eyes of experts in the industry who are driving (an unavoidable pun) the evolution of autonomous vehicles. And more specifically at how we define what an autonomous really means.

Stick with me, it’s going to be a fun ride!

Tech

Posted in: Cloud Computing|Tags: , , , , , ,
Get Ready for the Next Big Privacy Backlash Against Facebook
June 4, 2017 4:15 pm|Comments (0)

Get Ready for the Next Big Privacy Backlash Against Facebook

Privacy watchdogs think a damning leaked document about Facebook targeting insecure teens could help usher in new era in privacy protections. The post Get Ready for the Next Big Privacy Backlash Against Facebook appeared first on WIRED.
RSS-3

Posted in: Web Hosting News|Tags: , , , , ,
iPhone 7 Review: Ready or Not, This Is the Future
December 20, 2016 3:00 am|Comments (0)

At a glance, the iPhone 7 and iPhone 7 Plus might be confused for their predecessors, the 6s and 6s Plus. It’s deceptive. The iPhone 7 is perhaps the most drastic revision of the phone since it was first released nearly a decade ago. It’s not just the missing headphone jack. There are several other big ideas, including a new dual camera system (on the 7 Plus), a new touch sensor home button, and mercifully, newly added water resistance. These are substantial changes, and they hint at what we can expect from the future of Apple phones.

Read more…


RSS-3

Posted in: Web Hosting News|Tags: , , , ,
Want an iPhone 6S for $1? Get ready to switch to Sprint
December 3, 2015 10:35 pm|Comments (0)

091815-iphone-6s-17

Feed-twFeed-fb

On Friday the iPhone 6S and 6S Plus arrive in stores, and while thousands may line up for a chance to get their hands on a pink (rose gold) iPhone, others will be looking for the best upgrade deals.

In this U.S., Sprint may have just topped them all.

The wireless service provider announced on Thursday a gonzo limited-time trade-in deal to current iPhone 6 customers: $ 1 a month for an iPhone 6S and $ 5 a month for an iPhone 6s Plus.

The payment plan is actually part of Sprint’s “iPhone for Life” plan, which means customers are actually leasing the phone for, in this case, 12 months. After that, they turn in the phone for a new one and continue paying against the monthly lease agreement. While typical Sprint lease plans might charge $ 20 a month for a 16GB iPhone 6s, this one will charge you just a $ 1, meaning that, after 12 months, you end up paying $ 12 for the iPhone 6s. In the case of the larger iPhone 6s Plus, you pay $ 60. Read more…

More about Sprint, Tech, Mobile, Iphone 6s, and Iphone 6s Plus


RSS-3

Posted in: Web Hosting News|Tags: , , , ,
Get ready to watch all your favorite TV shows in virtual reality
October 17, 2015 12:20 pm|Comments (0)

Netflix-living-room

Feed-twFeed-fb

Hulu and Netflix are jumping on the virtual reality train. All aboard, early adopters.

Both streaming video services will soon offer virtual reality apps that let users explore content and watch what they want in 3D virtual spaces. Netflix is up first, with an app launching in the Gear VR store on Thursday, just hours after it was announced on stage at Oculus Connect.

While the video itself plays inside the headset on a virtual screen — banish all hopes of stepping into your favorite TV show or movie, at least for now — the app’s browsing interface is an interactive “Netflix Living Room.” This is a valuable feather in Netflix’s cap, marking the “first” subscription video app for VR and yet another platform for the ubiquitous service. Read more…

More about Entertainment, Gaming, Netflix, Hulu, and Television


RSS-3

Posted in: Web Hosting News|Tags: , , , , ,
Get ready to watch all your favorite TV shows in virtual reality
October 16, 2015 9:50 am|Comments (0)

Netflix-living-room

Feed-twFeed-fb

Hulu and Netflix are jumping on the virtual reality train. All aboard, early adopters.

Both streaming video services will soon offer virtual reality apps that let users explore content and watch what they want in 3D virtual spaces. Netflix is up first, with an app launching in the Gear VR store on Thursday, just hours after it was announced on stage at Oculus Connect.

While the video itself plays inside the headset on a virtual screen — banish all hopes of stepping into your favorite TV show or movie, at least for now — the app’s browsing interface is an interactive “Netflix Living Room.” This is a valuable feather in Netflix’s cap, marking the “first” subscription video app for VR and yet another platform for the ubiquitous service. Read more…

More about Entertainment, Gaming, Netflix, Hulu, and Television


RSS-3


RSS-3

Posted in: Web Hosting News|Tags: , , , , ,
Get ready to watch all your favorite TV shows in virtual reality
October 13, 2015 3:40 pm|Comments (0)

Netflix-living-room

Feed-twFeed-fb

Hulu and Netflix are jumping on the virtual reality train. All aboard, early adopters.

Both streaming video services will soon offer virtual reality apps that let users explore content and watch what they want in 3D virtual spaces. Netflix is up first, with an app launching in the Gear VR store on Thursday, just hours after it was announced on stage at Oculus Connect.

While the video itself plays inside the headset on a virtual screen — banish all hopes of stepping into your favorite TV show or movie, at least for now — the app’s browsing interface is an interactive “Netflix Living Room.” This is a valuable feather in Netflix’s cap, marking the “first” subscription video app for VR and yet another platform for the ubiquitous service. Read more…

More about Entertainment, Gaming, Netflix, Hulu, and Television


RSS-3


RSS-3

Posted in: Web Hosting News|Tags: , , , , ,