Tag Archives: Year

This Workaround Could Buy You Another Year of Amazon Prime for $99
April 27, 2018 6:04 pm|Comments (0)

Amazon has increased the price on Prime subscriptions. But that isn’t stopping some folks from finding ways around that price bump.

Over at Gizmodo’s deals site Kinja, writer Shep McAllister has come up with a novel way to sidestep Amazon’s $ 20 Prime subscription increase. He suggested you buy an Amazon Prime gift subscription now for the price of $ 99. When it’s time to renew your Prime subscription, simply redeem the gift card and take advantage of the lower price. That said, you’ll need to cancel your subscription ahead of the renewal so you can take advantage of the deal.

Amazon announced on Thursday that it would increase the price of its Amazon Prime subscription from $ 99 per year to $ 119 per year. The change goes into effect on May 11 for new customers and June 16 for those who already subscribe to Amazon Prime. If your subscription is set to auto-renew before June 16, you’ll be able to take advantage of the $ 99 pricing for one more year. If, however, your auto-renewal date is set to after June 16, you’ll need to drop $ 119.

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The workaround McAllister has pitched was used with success the last time Amazon increased its Prime pricing, he said. But it’s unknown whether the company will allow you to take advantage of this loophole this time around or change policies so you can’t use the gift card trick. If it does work, be aware that next year when it’s time to renew your subscription, you’ll be subject to the $ 119.

Fortune has reached out to Amazon to find out whether the gift card trick will be allowed. We’ll update this story when we learn more.

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How Some New College Graduates Are Pulling Over $1 Million a Year (Courtesy of Elon Musk)
April 21, 2018 6:00 am|Comments (0)

Artificial intelligence experts can command huge salaries and bonuses–even at a nonprofit.

OpenAI, a nonprofit research lab started by Tesla founder and CEO Elon Musk released the salary details of it’s employees–and they are striking. The organization’s top researcher was paid more than $ 1.9 million in 2016, and another leading researcher who was only recruited in March was paid $ 800,000 that year, according to a recent article in the New York Times.

Salaries for top A.I. researchers have skyrocketed because there is high demand for the skills–thousands of companies want to work with the technology–and few people have them. So even researchers at a nonprofit can make big money.

It likely has more to do with competition than interest in the field itself, however. The Times points out that both of the researchers employed by OpenAI used to work at Google. At DeepMind, a Google-owned A.I. lab in London, $ 138 million was spent on the salaries of 400 employees, translating to $ 345,000 per employee including researchers and other staff, the Times reports. 

OpenAI was started by Musk who recruited several engineers from Google and Facebook, two companies pushing the industry into artificial intelligence. People who work at major companies told the Times that while top names can expect compensation packages in the millions, even A.I. specialists with no industry experience can expect to make between $ 300,000 and $ 500,000 in salary and stock as demand for the skills continues to outstrip supply. 

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Sentiment Speaks: Mining Stocks Have Been The Most Frustrating Trade For The Last Year
February 11, 2018 6:01 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. But, after last week’s break down below the December 2017 low, the set up will have to be resurrected first in the coming months.

I am not sure what more there is to say. We have had several break-out set ups break down in the GDX over the last year. Yet, all the market has done is consolidate sideways for an entire year. Clearly, this is not something I would have or could have expected. Moreover, we still have a 5-wave structure off the 2015 lows, which still keeps us in a longer term bullish perspective.

Since the GDX is a composition of a whole host of mining stocks, I think I have to resolve myself to understanding that the weaker stocks have certainly been a strong drag on the overall fund. So, until the weaker stocks prove they have a bottom in place, it seems quite clear that the GDX will continue to frustrate us.

With that being said, the miners we are holding in our EWT Miners Portfolio are presenting as exceptionally strong, especially relative to the GDX as a whole. Many of them seem as ready to break out similarly to the manner in which GLD seems poised to break out. Yet, when I go back to look at stocks like ABX, it seems quite clear why the GDX has been underperforming.

As you can see from the attached ABX chart, it has followed through down to lower lows in this current pullback. When I highlighted this chart a few months ago to our members of my The Market Pinball Service, I noted this lower low potential, and the ABX is now fulfilling that potential. But, as I also noted in those updates, the long-term potential being presented by this chart is quite strong. As you can see, the positive divergences evident on this chart as the market has dropped down to just below its .618 retracement of its 2016 rally is quite stark. This is often a precursor to a strong reversal which will likely kick off the larger degree 3rd wave which has failed to take hold over the last year.

Within the micro count of ABX, it would seem we are completing the wave v of (C) of y of ii. But, within wave v, we may still see another 4-5 structure before this completes its downside. That means that the 14 region is going to be the resistance over which it will have to rally in impulsive fashion to begin to signal that this wave ii has finally completed. Should that occur, we may see the ABX catch up quite quickly to the rest of the complex behind which it has been lagging.

So, in order to align the GDX chart with the ABX chart, I have to consider any bounce below the 22-22.66 region as being a 4th wave bounce, similar to the potential we see in the ABX. It will take an impulsive rally through the 22.66 region to suggest that the lows have been struck in the GDX, assuming the ABX is also impulsively rallying through its 14 region. Again, we will have to start seeing the laggards in this complex catch up and potentially even outperform to signal that a true low has been struck.

But, in conclusion, even though the GDX technically broke its recent (1)(2) structure, the metals charts still give me reason to remain bullish in the larger degree. As I noted to my subscribers, the short-term indications in my 144-minute silver chart suggest it is trying to bottom out, while the longer-term structure in ABX suggests it should also catch up to the rest of the market, which would allow the GDX to finally break out when the ABX is finally able to complete its longer-term pullback. Until such time, it seems the market is trying to teach us a lesson in patience, such as that exhibited by the biblical figure Job.

Housekeeping Matters

Lastly, 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 significantly reduced my hedges, and only hold an appropriate amount for portfolio insurance at this time.

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China's Leshi says $890 million of debts due this year, shares drop 10 percent
February 5, 2018 6:00 am|Comments (0)

HONG KONG (Reuters) – China’s Leshi Internet said about 5.62 billion yuan ($ 890 million) of its debts would be due by the end of this year, or almost two-thirds of the company’s total loans and liabilities, sending its shares down for a ninth day.

This is the first time the video-streaming firm – which is battling the fallout from a severe cash crunch at its founder Jia Yueting’s embattled technology conglomerate LeEco – has provided an estimate for its debt in 2018.

Earlier, the company had said that a part of its total loans and financial liabilities of 9.29 billion yuan ($ 1.5 billion)would be due this year, without giving any further details.

Leshi shares plunged by the daily limit of 10 percent on Monday. Nine days of declines, since the stock resumed trading in January after a nine-month suspension, have knocked 37.5 billion yuan off the company’s market capitalization, that is currently at 23.7 billion yuan.

At its peak in 2015, Leshi was valued at 153 billion yuan.

Just last week, Leshi flagged that it expected a loss of 11.6 billion yuan for 2017, more than five times its combined profits since listing on the Shenzhen stock exchange in 2010, due to the ongoing crisis at LeEco.

LeEco was once China’s Netflix-to-Tesla contender but ran into a cash crunch since late 2016 after expanding too fast. Leshi used to be the main listed unit of the conglomerate.

But under the control of property developer Sunac China – its second-largest shareholder, Leshi is now trying to distance itself from the LeEco brand.

Leshi says its largest shareholder Jia and related LeEco units owe it 7.5 billion yuan ($ 1.19 billion). LeEco disputes the figure.

Shares of Sunac plunged as much as 6 percent, lagging a nearly 2 percent fall for the benchmark index.

Reporting by Sijia Jiang; Editing by Himani Sarkar

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This Sheet of Paper Could Change Your Entire Year
January 2, 2018 6:00 pm|Comments (0)

The New Year is a beginning and an opportunity to get quiet, slow down and be intentional about what you want your next 365 days to be like. As an entrepreneur, you probably do this for your business, but do you do this for your life?   

One year ago I created a tool to help me make sense of where I was and where I wanted to go. It was a wonderful experience and so now I’m excited to share it with you. 

Filling out this one sheet of paper was incredibly clarifying for me. Once I finished it, I set it on my desk where I would see it every day. Within 3 months, all of my goals for the year were accomplished – even “the big intimidating one” that I was scared to name.

But here’s the thing – it wasn’t work – instead it felt like magic. 

The act of writing things down helps us own our path. Our words and our thoughts are powerful things, and this tool can put those to work for you. Here’s what this process is designed to do:

  1. Clarify and understand what guides you
  2.  Create an inventory of your life (today as it is now)
  3. Set your intentions for what you want to create (in the future)
  4. Get honest about what challenges you face

This is not a difficult process – but it can be. It can be joyful or it can be painful. It is different for everyone. No matter what, I hope this tool brings you clarify and for you. Feel free to share with others. And I hope you enjoy the journey. 

And Happy New Year.

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The Most Amazing Marvel Figures Seen at Toy Fair This Year
February 19, 2017 9:25 pm|Comments (0)

Hasbro revealed a ton of new Marvel toys at Toy Fair this year—covering everything from the Marvel Cinematic Universe, to comic book favorites. The thing I might be most excited by however is this A-Force six pack, but with both Monica Rambeau and Elsa Bloodstone, it might as well be the Nextwave figure set of my…

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Alibaba earnings: Cloud revenue expected to double in biggest quarter of the year
January 23, 2017 8:55 pm|Comments (0)

… is expected to highlight the growth of Single’s Day and the success of new business lines, such as its cloud computing and data center businesses.


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VisualVault Names 20 Year Technology Veteran as Director of Partner…
January 5, 2017 4:05 pm|Comments (0)

Jason Hatch has been promoted to this key role for VisualVault’s growing global Partner program for Cloud Based, Process Automation (BPA)/Enterprise Content Management (ECM) solutions.

(PRWeb January 05, 2017)

Read the full story at http://www.prweb.com/releases/2017/01/prweb13958485.htm


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Robert Plant And Alison Krauss Win Grammy Album Of The Year
October 30, 2016 10:35 pm|Comments (0)

Raising Sand, from Led Zeppelin vet and bluegrass superstar, wins five Grammys on Sunday night.
By James Montgomery with MTV News staff

<P>”I’m bewildered,” <a href=”/music/artist/plant_robert/artist.jhtml”>Robert Plant</a> said onstage as he accepted the <MTVNLINK type=”news” id=”1604580″>Grammy Album of the Year award</MTVNLINK> with <a href=”/music/artist/krauss_alison/artist.jhtml”>Alison Krauss</a> on Sunday night. “In the old days we would have called this selling out, but it’s a good way to spend a Sunday.” </P><P> </P><P>He was probably one of the few who were surprised, because <i>Raising Sand,</i> which won five trophies at Sunday night’s show, is in many ways the perfect <a href=”http://www.mtv.com/news/grammys/”>Grammy</a> album. It features two respected veterans, a critically lauded producer, some sandpaper-and-velvet vocals and a baker’s dozen of time-tested standards.</p><div style=”margin: 0px 10px 10px 0px; float: left;”><embed src=”http://media.mtvnservices.com/mgid:uma:video:mtv.com:338316″ width=”256″ height=”223″ type=”application/x-shockwave-flash” flashVars=”configParams=instance%3Dnews%26vid%3D338316″ allowFullScreen=”true” allowScriptAccess=”always” base=”.”></embed></div><p> </P><P> </P><P>You’re probably familiar with Robert Plant from his <a href=”/music/artist/led_zeppelin/artist.jhtml”>Led Zeppelin</a> days, and you might be aware of producer T-Bone Burnett’s work on the “O Brother, Where Art Thou?” soundtrack (it won the Grammy for Album of the Year in 2002). And if you don’t know who Alison Krauss is, she possesses a haunting set of pipes and is one of the meanest fiddle players in the world. Oh, and she’s won 21 Grammys, more than any other female artist and the seventh-most in history. </P><P> </P><P>Really, she’s the key to <i>Sand</i>’s success, and not just because of her voice (or her fiddle playing). She and Plant first met in 2004, at a Rock and Roll Hall of Fame tribute to legendary bluesman Leadbelly, and the former Zeppelin man was amazed by her knowledge of American Roots music &#8212; so much so that they began kicking around the idea of recording an album together. Three years later, <i>Sand</i> was released. </P><P> </P><P>And while Plant possesses the more famous voice, the album’s finest moments radiate from Krauss. Whether she’s getting bluesy on Little Milton’s “Let Your Loss Be Your Lesson” or entwining with Plant’s husky voice on songs like “Please Read the Letter” and Roly Salley’s winsome “Killing the Blues,” she more than carries her end of the bargain. </P><P> </P><P>And perhaps that’s also due to producer Burnett, who handpicked the 13 songs the duo cover on <i>Sand.</i> His arrangements are sparse &#8212; giving the two voices ample room to breathe &#8212; yet dense, warm and crackling at the same time. It’s a testament to his work that he’s often given just as much billing as Plant and Krauss on the project … and it’s certainly justified. </P><P> </P><P>To date, <i>Sand</i> has sold more than 1 million copies, heaped tons of acclaim and actually earned a Grammy last year &#8212; “Gone Gone Gone (Done Moved On)” took home the award for Best Pop Collaboration With Vocals. </P><P> </P><P>One expert was surprised not by the album’s success, but by the fact that it’s actually quite a good album. </P><P> </P><P>”At first, the album seemed like a vanity project. … Two names, clearly a one-off record, didn’t have to be any good, you know?” <i>New York Times</i> music critic Jon Caramanica said. “Led Zeppelin fans would buy it because of Robert Plant, Alison Krauss would get a check. But it actually turned out to be a really thoughtful, really <i>good</i> record. So when you combine all that with the fact that the Grammys love to lionize one of their own, I could really see it taking home some awards.” </P><P></p>

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Related Artists

  • Robert Plant
  • Alison Krauss
  • Led Zeppelin

Source:
http://www.mtv.com/news/articles/1604582/plant-krauss-win-album-of-the-year-grammy.jhtml

Gisele Bündchen Giuliana DePandi Giulianna Ramirez Grace Park Gretha Cavazzoni Gwen Stefani


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IDG Contributor Network: Red Hat expected to rake in $2.4 billion in revenue this year
October 17, 2016 4:55 pm|Comments (0)

The king of Linux, Red Hat, continues its growth as a leading Linux vendor that’s betting big on the cloud. Yesterday, the company announced financial results for its second quarter of fiscal year 2017 ended August 31, 2016.

The company generated $ 600 million in revenue for the quarter, a 19 percent year-over-year increase. Red Hat is often credited with creating a business model around Linux and Open Source: a subscription based service and support model.

Subscription revenue for the quarter was $ 531 million, which accounts for 89% of total revenue. It was a 20% year-over-year increase. Based on these numbers we can safely assume that Red Hat will be generating revenues around $ 2.415 billion in this fiscal year. That makes Red Hat the most successful pure open source company to date.

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