by Alpha | Jan 23, 2018 | Pre-Market
PRE-MARKET MOVERS
UPGRADES
1. CRSP:$CRSP upgraded to Buy from Neutral at SunTrust. PT $45
2. EDIT:$EDIT upgraded to Buy at SunTrust. PT $45
4. TISI:$TISI upgraded at Johnson Rice with 24 dollar target new street high target. Was upgraded yesterday by Stephens.
DOWNGRADES
2. BIVV, SNY:$SNY downgraded to Underweight from Equal-Weight at Barclays. $BIVV
EARNINGS
Trending Social Alerts
2. TSLA:Elon Musk may get no salary unless Tesla hits milestones. $TSLA market cap is currently ~$60B. For Musk to fully ve…
3. TWTR:$TWTR ANNOUNCES DEPARTURE OF COO, ANTHONY NOTO
7. SNAP:$SNAP Snapchat is going to let you share Stories on Twitter & Facebook, hopes of sparking new growth
14. NTAP:$NTAP: DA Davidson cuts to Neutral
Trending News Headlines
1. Snapchat is going to let you share Stories on Twitter and Facebook, in hopes of sparking new growth
Users will be able to share Stories to their linked social media accounts, or through text or email.
2. Twitter Announces Departure of COO, Anthony Noto
SAN FRANCISCO, Jan. 23, 2018 /PRNewswire/ — Twitter, Inc. (NYSE: TWTR) today announced that Anthony Noto notified…
3. Twitter CEO Anthony Noto Resigns
Twitter CEO Anthony Noto has resigned, Bloomberg News reports.Developing…
4. Goldman Risk-Appetite Metric at Record Amid ‘Extreme’ Markets
Global stocks and U.S. Treasuries are in the throes of their most “extreme” start to the year ever as bullish sentiment engulfs markets, according to Goldman Sachs Group Inc.
5. Murdoch’s Fox Takeover of Sky Is Dealt a Blow by U.K. Regulators
British antitrust regulators said 21st Century Fox proposed $15.5 billion acquisition of the 61% of U.K. pay-TV giant Sky that it doesn’t already own would be against public interest and would give the Murdoch family too much influence in British media.
6. Tesla Gives Musk New Long-Term Pay Deal Tied to Big Targets
Tesla said it updated the pay package for Elon Musk with a plan that again ties his compensation entirely to key performance benchmarks—albeit this time much larger ones.
Technology News
Several Indian states require people to enlist in Aadhaar before they can claim rice or wheat at subsidized prices under the Public Distribution System an important source of food security in the poorer areas.
Despite these problems the administration of Prime Minister Narendra Modi has expanded the reach of Aadhaar over the past year requiring it for a host of public services beyond welfare benefits such as to register marriages or file income tax returns.
Earlier this month an investigative reporter for The Tribune newspaper claimed to have found a way to buy unrestricted access to the details of any Aadhaar number for just Indian rupees about from people operating on the mobile app WhatsApp.
Statement of Rupert Murdoch Executive Chairman of News Corp on a Carriage Fee for Trusted Publishers.
Recognition of a problem is one step on the pathway to cure but the remedial measures that both companies have so far proposed are inadequate commercially socially and journalistically.
We will closely follow the latest shift in strategy and I have no doubt that Mark Zuckerberg is a sincere person but there is still a serious lack of transparency that should concern publishers and those wary of political bias at these powerful platforms.
the Arab Spring to robust elections around the globe social media seemed like a positive Katie Harbath who runs the Facebook team that builds relationships with governments around the world wrote in a blog post.
far kept such posts up on our platform since we view them as newsworthy information that citizens deserve to similar to the reasoning used by Twitter for keeping up tweets by President Donald Trump that may violate its policies.
Chief Executive Officer Mark Zuckerberg has been trying to evaluate the blind spots with regard to its role in the world adjusting goals to make sure the site has a positive impact.
While the giant provide details of what that included production of Kevin of was postponed in November after the actor became embroiled in scandal and he was eventually fired.
Gore Vidal biopic with Netflix was also canceled and the company decided that month not to go forward with a second special with comedian Louis CK for similar reasons.
But the industry is looking for ways to avoid such costs in the future asking talent to include clauses in their contracts pledging to behave themselves and buying insurance to cover damages in these situations.
We have now identified the root cause for Broadwell and Haswell platforms and made good progress in developing a solution to address it.
We ask that our industry partners focus efforts on testing early versions of the updated solution so we can accelerate its release.
Navin Shenoy is executive vice president and general manager of the Data Center Group at Intel Corporation.
Statement of Rupert Murdoch Executive Chairman of News Corp on a Carriage Fee for Trusted Publishers.
Recognition of a problem is one step on the pathway to cure but the remedial measures that both companies have so far proposed are inadequate commercially socially and journalistically.
We will closely follow the latest shift in strategy and I have no doubt that Mark Zuckerberg is a sincere person but there is still a serious lack of transparency that should concern publishers and those wary of political bias at these powerful platforms.
Netflix surged in late trading after a quarter vaulting past billion in market value for the first time to put the video service on a lofty perch with the likes of Goldman Sachs Group and Qualcomm Inc.
The largest online TV network late Monday reported its strongest year of subscriber growth to date.
While rival media companies merge fire staff and fret about the future of their businesses Netflix keeps chugging along adding customers at home in Europe and Latin America.
For the next topic of our Hard Questions series we decided to confront an issue that has been top of mind for many of us here including myself What effect does social media have on democracy.
There is much to build on in this regard from the powerful role social media plays in giving people a voice in the democratic process to its ability to deliver information on an unprecedented scale.
And for the first time since we launched Hard Questions publishing the views of three prominent outside contributors not all of whom agree with perspective and offer some direct criticisms.
by Alpha | Jan 22, 2018 | Pre-Market
PRE-MARKET MOVERS
UPGRADES
1. ARRY:$ARRY upgraded to Outperform at Leerink. PT $19 from $12
3. C, ESPR:Seems like if you’re going to upgrade $espr PT by 25% you shouldn’t be downgrading to neutral $c.
8. RARE:$RARE upgraded to Outperform at Evercore ISI. PT $66 from $57
DOWNGRADES
3. ESPR:$ESPR downgraded from Buy to Neutral at Citi. PT $96 from $77
EARNINGS
Trending Social Alerts
3. VR:Deals, Deals, Deals – Already $26B in M&A this beautiful Monday morning $JUNO $BIVV $VR with premiums of 64%, 89%,and 47% !!
6. SNY:PIPER Just What the Doctor Ordered: Reported $SNY Sanofi For $BIVV Deal Positive For Sector “Let the good times rol…
10. GE:$GE with a huge opening sell imbalance again, 1.6M to sell.
14. JUNO:$CELG To Acquire $JUNO
15. JNPR:$JNPR: Oppenheimer ups to Outperform
Trending News Headlines
1. Celgene bags CAR-T player Juno in $9B buyout as biotech M&A suddenly explodes
The buyout buzz was accurate. Celgene has struck a deal to buy Juno Therapeutics for $87 a share, or about $9 billion, instantly vaulting into the front ranks of the CAR-T players. Celgene instantly stamped the deal with its own bullish forecast that the buyout will deliver a new CAR-T
2. Celgene Corporation to Acquire Juno Therapeutics, Inc., Advancing Global Leadership in Cellular Immunotherapy
Celgene Corporation and Juno Therapeutics, Inc. today announced the signing of a definitive merger agreement in which Celgene has agreed to acquire Juno.
3. Sanofi to Buy Hemophilia Drugmaker Bioverativ for Over $11.5 Billion
Sanofi said it would buy hemophilia drugmaker Bioverativ for more than $11.5 billion, as the French drugmaker looks to clinch a big deal while it braces for generic competition for its top-selling product.
4. Joint statement with Darwin Deason regarding Xerox
Contact: Icahn Capital LP Deason Capital Services, LLC Susan Gordon Jennifer Cole (212) 702-4309 (214) 378 3600 CARL ICAHN AND DARWIN DEASON RELEASE JOINT STATEMENT REGARDING XEROX CORPORATION _ New York, New York, January 22, 2018 – Today Carl Icahn…
5. Bitcoin has officially abandoned its claims for fast transactions at low fees
Dealing with a congested network and increasingly higher transfer costs, Bitcoin has decided to drop its claims for fast transactions at low fees.
6. Two drug companies are exploding after a pair of biotech mega-deals
Two cash deals for Juno and Bioverativ have sent the biotech stocks soaring.
7. AIG to Acquire Reinsurer Validus for $5.56 Billion in Cash
American International Group Inc. agreed to buy Validus Holdings Ltd., a Bermuda reinsurer, for about $5.56 billion in cash.
8. Jack Damn on Twitter
“Money managers’ exposure to equities hovers near record levels. (Bloomberg) $SPY $DIA etc.”
9. Jacob Plieth on Twitter
“$SGMO bulls will take heart on this, from $SNY $BIVV”
10. Stocks making the biggest moves premarket: JUNO, CELG, AIG, HAL, BIVV, ADM, DNKN & more
Some of the names on the move ahead of the open.
11. Celgene to Buy Juno Therapeutics for $9 Billion
Celgene said it agreed to buy Juno Therapeutics for $87 a share in cash, or about $9 billion, in a move that will expand Celgene’s portfolio of blood-cancer drugs.
12. AIG to buy Validus for $5.56 billion in an all-cash deal
American International Group on Monday announced plans to acquire reinsurer Validus in an all-cash deal valued at around $5.56 billion.
13. Celgene to buy biotechnology company Juno Therapeutics for about $9 billion
Celgene on Monday agreed to buy biotechnology company Juno Therapeutics for about $9 billion.
Technology News
It has hosted its first successful payments with developers spending bitcoin to purchase articles on a micropayment blogging site built for demonstration purposes by programmer Alex Bosworth.
For a transaction to become official other actors on the network called miners must perform computationally intensive procedures to place it in a new block a process that takes on average minutes.
If one party believes at some point that he or she was cheated the aggrieved individual can broadcast the contested transaction to the blockchain where other users can verify it and miners can update the ledger forcing the offender to forfeit funds.
On the surface the store which resembles what a might look like if it got a makeover was laid out in part like a Pret a Manger sandwich shop dreamt up by the same tech powerhouse that had previously made buying and shipping the industry norm.
To that end Amazon Go is outfitted with a cocktail of modern technology that enables shoppers to simply grab items off of shelves and automatically get charged the right amount without stopping to pay upon exit.
While waiting on line for a few minutes might not sound like an annoyance the hope is that once customers experience the faster option of Amazon Go their expectations of a convenience store visit will change.
The alert which told people a ballistic missile was about to hit terrified residents and visitors as the state scrambled for minutes to issue a correction.
Officials soon released a timeline of events saying the software contained a menu option that allowed a live alert to be sent in place of a test a problem that several people quickly categorized as a design failure.
In Idaho the company points out a news segment ran this week about AlertSense having safeguards to prevent what happened in Hawaii.
The Senate floor became a staging ground for dueling speeches early Saturday morning and lawmakers of both parties as well as the White House and groups flooded the inboxes of reporters with prewritten statements castigating one side or the other.
The world in which it constituted an episode of sexual assault was so far from my own two experiences of near date rape which took place respectively during the Carter and Reagan administrations roughly between the kidnapping of the Iran hostages and the start of the Falklands War that I just pick up the tune.
Unlike the teens of my generation who might have spent an evening tying up the family landline with gossip they talk on Snapchat the smartphone app that allows users to send pictures and videos that quickly disappear.
ET Facebook plans to start ranking news sources in its feed based on user evaluations of credibility a major step in its effort to fight false and sensationalist information that will also push the company further into a role it has long sought to referee.
The giant will begin testing the effort next week by prioritizing news reports in its news feed from publications that users have rated in Facebook surveys as trustworthy executives said Friday.
Inside is an foot packed with shelves of food that you can find in a lot of other convenience stores soda potato chips ketchup.
CreditKyle Johnson for The New York TimesThere were a little over million cashiers in the United States in and some of their jobs may be in jeopardy if the technology behind Amazon Go eventually spreads.
With permission from Amazon I tried to trick the camera system by wrapping a shopping bag around a of vanilla soda while it was still on a shelf tucking it under my arm and walking out of the store.
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Tweets krishashok leolaporte felixsalmon ataussig geekwire mazmhussain techcrunch juddapatow thesinghabhi staringispolite mattgarrahan innonate goutaste acontinuouslean and khanoisseur.
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More AppleInsider Reuters SiliconBeat Softpedia News Patently Apple Cult of Mac TechCrunch New York Magazine BGR MacRumors Inquirer Softpedia News Android Authority iPhone Hacks AppleInsider Patently Apple and MSPoweruser More The Verge The Next Web CNET Adweek International Business Times TechSpot Fortune Engadget and SiliconANGLE Mediagazer memeorandum WeSmirch.
ET Facebook plans to start ranking news sources in its feed based on user evaluations of credibility a major step in its effort to fight false and sensationalist information that will also push the company further into a role it has long sought to referee.
The giant will begin testing the effort next week by prioritizing news reports in its news feed from publications that users have rated in Facebook surveys as trustworthy executives said Friday.
by Alpha | Jan 18, 2018 | Pre-Market
PRE-MARKET MOVERS
UPGRADES
DOWNGRADES
4. JUNO:$JUNO downgraded to Neutral from Buy at Citi. PT $81 from $59
6. ONTX:$ONTX downgraded to Hold from Buy at Maxim
EARNINGS
Trending Social Alerts
3. MARA:$MARA *DJ Marathon Patent Group Acquires Blockchain and Cryptocurrency Transmission Patents
6. ES_F:Jobless claims 220k v 250k est $ES_F $SPY
11. TIVO:$TIVO TiVo Signs Expanded Patent Agreement With Google to Include YouTube TV From our Stock News Alerts App
12. BA:$BA has a small boutique firm price target increase to $430 as it is turning into $QCOM circa 1999…
Trending News Headlines
1. Expert Interview
SPONSORED BY EDISON: Preparing for Dermira’s Olumacostat Glasaretil Phase 3 data in Acne
2. OPEC Frets About Flood of U.S. Shale
OPEC increased its forecast for rival oil-supply growth for a second month running after a recovery in prices sent Brent crude to $70 a barrel.
3. Amazon Chooses 20 Cities as Finalists for New Headquarters
The list released Thursday leaned toward cities in the Midwest and on the East Coast, and away from the tech-saturated hubs of the West Coast.
4. Amazon announces 238 proposals for HQ2 from across North America
Proposals arrived from cities and regions in 54 states, provinces, districts, and territories.
5. The Fall of Travis Kalanick Was a Lot Weirder and Darker Than You Thought
Silicon Valley CEOs are supposed to be sacrosanct. So how did it all go wrong at Uber?
6. GE, Victim of a Short-Term Mind-Set
The pressure for action and results that affects U.S. corporations is to blame for the series of poor decisions taken by General Electric’s bosses in recent years.
7. Stocks making the biggest moves premarket: MS, WMT, WWW, LQ, AAPL, AA & more
Some of the names on the move ahead of the open.
Technology News
Over the last decade Apple has invested billions of dollars in data centers and facilities in seven US states including North Carolina Oregon Nevada Arizona and a recently announced project in Iowa.
With demand for coding skills stronger than ever today there are more than unfilled positions across the country and the US Bureau of Labor Statistics predicts that by there will be million more software development jobs than applicants qualified to fill them.
The company is also increasing funding for its ConnectED program so students in historically underserved communities have a chance to learn app coding skills and enjoy other benefits of technology in the classroom.
Interviews with Horn and people who know him show how a combination of dogged determination and a powerful mind helped him stumble upon features and flaws that have been around for over a decade but had gone undetected leaving most personal computers internet servers and smartphones exposed to potential hacking.
Horn looking to discover a major vulnerability in the computer chips when in late April he began reading Intel processor manuals that are thousands of pages long.
But Horn works at Project Zero an elite unit of Alphabet Google made up of cybersleuths who hunt for zero day vulnerabilities unintended design flaws that can be exploited by hackers to break into computer systems.
Twitch the game streaming service owned by Amazon snagged three key executives with experience at many of the top tech companies.
Before Pandora Clemens was an executive at LinkedIn where she helped the business social network expand to China.
Microsoft presents Mixer as the most interactive game streaming experience and has leveraged other parts of ecosystem such as Xbox and Minecraft to bolster the service.
The move to invest crypto in startups makes plenty of sense when you consider that companies which have raised large ICOs are typically flushed with digital cash and keen to develop ecosystems around their technology.
Putting money to work through investment in startups with synergies is already standard for companies like Slack Google and Amazon so why not apply it to the crypto world too.
A recent New York Times article published explained that more than banks use software but MoneyGram and Mexican money transfer business Cuallix are its sole XRP customers.
Twitch the game streaming service owned by Amazon snagged three key executives with experience at many of the top tech companies.
Before Pandora Clemens was an executive at LinkedIn where she helped the business social network expand to China.
Microsoft presents Mixer as the most interactive game streaming experience and has leveraged other parts of ecosystem such as Xbox and Minecraft to bolster the service.
Planned capital expenditures in the US investments in American manufacturing over five years and a record tax payment upon repatriation of overseas profits will account for approximately billion of Apple direct contribution.
Over the last decade Apple has invested billions of dollars in data centers and facilities in seven US states including North Carolina Oregon Nevada Arizona and a recently announced project in Iowa.
With demand for coding skills stronger than ever today there are more than unfilled positions across the country and the US Bureau of Labor Statistics predicts that by there will be million more software development jobs than applicants qualified to fill.
Apple just announced on Wednesday it will bring back hundreds of billions of dollars from overseas to fund investment in the and likely increase its capital returns.
After the repatriation tax payment the company will have billion left over from the move it can use for investments acquisitions stock buybacks or larger dividends.
Bank of America Merrill Lynch analyst Wamsi Mohan estimated on Wednesday Apple had billion available to be repatriated to the.
As a result in the courtyards behind Baron Haussmann elegant grey stone boulevards there is a revolution taking place as startup incubators and maker spaces appear across the city and fill with eager young companies.
While the French generally have a good standard of living youth unemployment remains stubbornly high in part thanks to strong labour laws that make it relatively hard and expensive to dismiss staff leaving some companies reluctant to take on new workers all of which hurts growth.
It frames study as a series of quests and achievements deliberately using the language of gaming so they do feel too disheartened if they fail the first few particular problem in France where students suffer from failure stigmatization said Crouzet.
As a result in the courtyards behind Baron Haussmann elegant grey stone boulevards there is a revolution taking place as startup incubators and maker spaces appear across the city and fill with eager young companies.
While the French generally have a good standard of living youth unemployment remains stubbornly high in part thanks to strong labour laws that make it relatively hard and expensive to dismiss staff leaving some companies reluctant to take on new workers all of which hurts growth.
It frames study as a series of quests and achievements deliberately using the language of gaming so they do feel too disheartened if they fail the first few particular problem in France where students suffer from failure stigmatization said Crouzet.
by Alpha | Jan 17, 2018 | Pre-Market
PRE-MARKET MOVERS
UPGRADES
DOWNGRADES
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2. BTCUSD:$BTCUSD by breaking 9700 the next target is 6000-7000. Daily close important #bitcoin #cryptocurrency…
6. AEZS:$AEZS halted
7. BLUE:$JUNO 50% $BLUE 10% Shares of Bluebird Bio another firm researching so-called CAR-T treatments that use the im…
8. JUNO:@LennyVSt you have to deliver first, $KITE has delivered, $JUNO has recently delivered, so far $BLUE has delivered…
13. FAST:$FAST December 2017 Sales Information From our Stock News Alerts App
Trending News Headlines
1. Andy Biotech on Twitter
2. Goldman Sachs Posts First Quarterly Loss in Six Years
3. Domino’s Pizza CEO: Your Pizzas Will Probably Be Delivered by Autonomous Cars
4. Can Mark Zuckerberg Bend Facebook Without Breaking It
5. dough on Twitter
Technology News
partly because the business models were A graduate of program Benet talks in a manner reminiscent of Elon Musk As he speaks his eyes dart across an empty space above your head almost as though reading an invisible teleprompter to find the words.
The best we can hope for is government interventions to scale back the power of Facebook or Google or some kind of consumer revolt that encourages that marketplace to shift to less hegemonic online services the digital equivalent of forswearing big agriculture for local markets.
And the celebrities and others who promote them on their channels in an effort to enrich themselves are behaving badly and possibly violating securities Arguably the most striking thing about the surge of interest in and in existing currencies like Bitcoin or Ether is how much financial speculation has already gravitated to platforms that have effectively zero adoption among ordinary consumers.
Most people only want winners in their portfolios but as Warren Buffett warned You pay a very high price in the stock market for a cheery consensus.
As an example of this strategy Templeton bought shares of every public European company at the outset of World War II in including many that were in bankruptcy.
While the most famous contrarian investors put big money on the line swam against the current of common opinion and came out on top they also did some serious research to ensure that the crowd was indeed wrong.
As the lawsuit alleges what happened on Twitter short bursts of text was very different from the audio and video TWiT produced on its platform.
efforts have not resolved the dispute and Twitter continues its expansion into business in breach of its agreement with Plaintiffs refuting its representations and promises made and infringing on intellectual property rights all to.
TWiT is seeking a relief including a preliminary and permanent injunction that orders Twitter to stop using the mark in connection with the distribution of audio and video content and and all profits derived from the unlawful.
Video A panel with Samantha Bee Andy Borowitz James Downey Todd Hanson Allison Silverman and Susan Morrison.
The best that dissidents could do often was to engineer public spectacles that those gatekeepers would find hard to US civil rights leaders did when they sent schoolchildren out to march on the streets of Birmingham Alabama drawing out the most naked forms of Southern police brutality for the cameras.
In the liberal tradition free speech is usually understood as a necessary condition for achieving certain other societal ideals for creating a knowledgeable public for engendering healthy rational and informed debate for holding powerful people and institutions accountable for keeping communities lively and vibrant.
The institutional antibodies that humanity has developed to protect against censorship and propaganda thus journalistic codes of ethics independent watchdogs mass evolved for a world in which choking a few gatekeepers and threatening a few individuals was an effective means to block speech.
7.
At a Catcher Technology manufacturing complex in the Chinese industrial city of Suqian about six drive from Shanghai workers stand for up to hours a day in hot workshops slicing and blasting iPhone casings for Apple handling noxious chemicals sometimes without proper gloves or masks.
Apple spent years upbraiding manufacturers after a rash of suicides at its main partner Foxconn Technology Group in provoked outrage over the harsh working environments in which its upscale gadgets were made.
Late last year Apple said it found that interns at a factory operated by Hon Hai Precision Industry part of Foxconn were working illegal overtime on iPhone X assembly lines.
by Alpha | Jan 16, 2018 | Pre-Market
PRE-MARKET MOVERS
UPGRADES
7. QCOM:$QCOM approaching long term breakout at $67 has room to $74-76 use $62 as a STOP upgraded to Buy from Neutral at Nomura
DOWNGRADES
7. ONCE:$ONCE downgraded to Underperform at Wedbush. PT $35 from $50
EARNINGS
Trending Social Alerts
2. IZEA:$IZEA *DJ IZEA Commences Alt-Coin Cryptocurrency Mining Ops >IZEA
6. NCTY:$NCTY The9 Limited and Blockchain Technology Company Signed Partnership Agreement and Enters into Blockchain Services Business
9. XNET:$XNET, which fell 27% Friday, is down another 13% this am
11. GE:$GE down 1.5% pre-market, will take $6.2B charge.
13. PIRS:$PIRS PT raised to $12 from $9 at H.C. Wainwright
14. AMCN:$AMCN from one really questionable transaction attempt to another; now a so called “blockchain” play *DJ AirMedia…
15. SPI:$SPI sure picked an interesting day to put out a “we’re establishing a blockchain division” news…
Trending News Headlines
1. Merck’s KEYTRUDA(R) (pembrolizumab) Significantly Improved Overall Survival and Progression-Free Survival as First-Line Treatment in Combination with Pemetrexed and Platinum Chemotherapy for Patients with Metastatic Nonsquamous Non-Small Cell Lung… | Merck Newsroom Home
KENILWORTH, N.J.–(BUSINESS WIRE)–Merck (NYSE:MRK), known as MSD outside the United States and Canada, today announced that the pivotal Phase 3 KEYNOTE-189 trial investigating KEYTRUDA® (pembrolizumab), Merck’s anti-PD-1 therapy, in combination with pemetrexed (Alimta®) and cisplatin or carboplatin, for the first-line treatment of patients with m
2. GE slumps after saying it will take a $6.2 billion hit on its insurance business
The original Dow member company is down 4% as it struggles to reinvent itself for the 21st century.
3. Citigroup earnings top expectations, excluding $19 billion charge for tax law changes
Citigroup reported quarterly earnings on Tuesday that beat expectations.
4. Stocks making the biggest moves premarket: GE, UNH, PG, AN, DIS, WMT & more
Some of the names on the move ahead of the open.
5. Ericsson, Humbled by Huawei, Takes Another $1.8 Billion in Charges
Ericsson said it is writing down $1.77 billion in assets, the latest in a series of charges at the Swedish telecoms-equipment maker as it retools itself to better compete with nimbler Chinese manufacturers.
6. AveXis Announces Expanded Clinical Development Program for AVXS-101 in Spinal Muscular Atrophy
– Company to expand study of AVXS-101 into additional SMA populations including pre-symptomatic, older pediatric Type 2 and Type 3 SMA patients –
7. Odi Bruckman on Twitter
“$MRK KEYTRUDA Significantly Improved OS and PFS as First-Line Treatment in Combination with Pemetrexed and Platinum Chemotherapy for Patients with Metastatic #NSCLC (KEYNOTE-189)
8. GE to Take $6.2 Billion Charge After Insurance Portfolio Review
General Electric Co. will take a charge of $6.2 billion for the fourth quarter as the manufacturing behemoth grapples with lingering problems in a legacy insurance business.
Technology News
also found that almost all fiber to the home networks offered prices that were clear and unchanging whereas private ISPs typically charged initial low promotional or rates that later sharply rose usually after months the researchers said.
To retain this status quo ISPs have spent decades writing and buying state laws that prohibit towns and cities from exploring community owned and operated broadband networks.
Instead decided to buy protectionist laws spread disinformation about how these networks operate and sue local communities for simply trying to find creative solutions to the broadband monopoly logjam.
On Monday conservative activist and filmmaker James published undercover footage of Twitter engineers alleging the social network has hundreds of employees reading everything you post online including direct messages.
A former senior Twitter employee echoed the company comment observing that the claims in Monday Project Veritas video were technically accurate to a degree but exaggerated for effect by drunk idiots.
Last week released footage of Twitter engineers alleging the company is than happy to help the Department of Justice in their little by handing over Trump tweets and direct messages.
also found that almost all fiber to the home networks offered prices that were clear and unchanging whereas private ISPs typically charged initial low promotional or rates that later sharply rose usually after months the researchers said.
To retain this status quo ISPs have spent decades writing and buying state laws that prohibit towns and cities from exploring community owned and operated broadband networks.
Instead decided to buy protectionist laws spread disinformation about how these networks operate and sue local communities for simply trying to find creative solutions to the broadband monopoly logjam.
Three constant features characterize publishers a deep sense of entitlement are the news you owe this and that to a lack of technical competence they expect FB to come up with products and in Europe a propensity to call on Daddy the government and Mommy Brussels when things go awry.
Driven by a mixture of naïveté herd mentality Fear Of Missing Out Fomo and a burning desire to monetize journalism publishers jumped on every bone Facebook threw at them hoping for the magic infusion they were no longer able to find on their own.
This vision could backfire terribly an increase in the weight of means reinforcement of worst features cognitive bubbles where users are kept in silos fueled by a torrent of fake news and extremism.
On Monday conservative activist and filmmaker James published undercover footage of Twitter engineers alleging the social network has hundreds of employees reading everything you post online including direct messages.
A former senior Twitter employee echoed the company comment observing that the claims in Monday Project Veritas video were technically accurate to a degree but exaggerated for effect by drunk idiots.
Last week released footage of Twitter engineers alleging the company is than happy to help the Department of Justice in their little by handing over Trump tweets and direct messages.
The name coined until when artist and inventor Jaron Lanier left his job at Atari to found a company focused on selling movie headsets to consumers and been both a buzzword and a darling of technologists ever since.
The only sound was of hearts and minds slowly opening wrote Rachel Mark of one grade class in Vermont that viewed a New York Times VR documentary called The Displaced about Syrian refugees.
technology can be designed for use in the courtroom to recreate crime scenes impeach the testimony of unreliable witnesses test assertions and enhance a understanding of disputed events in simulated environments he writes in the Marquette Law Review.
by Alpha | Jan 12, 2018 | Pre-Market
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1. JPMorgan’s Equity Traders Took a $143 Million Loss on a Single Client
JPMorgan Chase & Co.’s equities business took a big hit from Steinhoff International Holdings NV last quarter.
2. JPMorgan’s Profit Hurt by Tax Law
JPMorgan said Friday that its fourth-quarter profit fell from a year earlier because of one-time charges related to the recently passed tax overhaul, while earnings excluding that impact were roughly flat.
Technology News
In remitters sent nearly billion in payments to help support family members living in their home countries or to settle transactions with business partners.
how it works xRapid enables foreign exchange FX settlement through XRP which gives financial institutions the ability to unlock liquidity and access multiple corridors with one originating account.
is at the forefront of blockchain technology and we look forward to piloting xRapid said Alex Holmes chief executive officer of MoneyGram in a press release.
NEW YORK Reuters Venture capitalist Peter Thiel has made an offer for Gawker hoping to overcome legal hurdles and rival bidders for the online news site the billionaire helped shutter by funding litigation against it people familiar with the matter said on Thursday.
Most of its assets including its sister pages Deadspin a sports site and Jezebel a feminist blog were bought in for million by media company Univision Holdings Inc.
They had launched a campaign seeking in donations through fundraising site Kickstarter but failed to reach their goal and have returned the approximately they did collect.
Facebook was slow to acknowledge the legitimacy of those concerns with Zuckerberg notoriously dismissing the idea that propaganda and fake news impacted the US presidential election as in late.
But the company changed its tune in fall after it acknowledged that a Russian influence operation had purchased worth of ads promoting politically divisive content in the lead up to the election.
Photograph Stephen In his post Zuckerberg noted and other public content have exploded on Facebook in the past couple of to the extent that some feel it is updates from friends and family.
A timing quirk in the tax overhaul that President Donald Trump signed last month may be good news for companies such as Apple Microsoft and Cisco Systems all of which began their fiscal years before.
bill was passed on a speed train schedule with no time to think said Shay who was a senior Treasury Department official during the administrations of former presidents Barack Obama and Ronald Reagan.
Overall multinational corporations including those that have the fiscal year advantage are weighing different ways to mitigate the effects of the repatriation provision said Solomon who was a top Treasury tax official in former President George administration.
Facebook is making changes to its News Feed in an attempt to favor interactions with friends over what it calls videos or articles that ask a user to just sit back and watch or Ali Asaei for The New York Times SAN FRANCISCO Facebook has introduced sweeping changes to the kinds of posts videos and photos that its more than two billion members will see most often saying on Thursday that it would prioritize what their friends and family share and comment on while content from publishers and brands.
Adam Mosseri vice president of product management at Facebook who is responsible for running the News Feed acknowledged that will be from partners and publishers who often complain about the constant changes in what will be shown across the network.
After the election for instance Zuckerberg initially shrugged off qualms about effect on the outcome even as outsiders pointed to the proliferation of fake news stories on the site that had attacked Hillary Clinton.
Google is planning a new push to vet YouTube videos that it bundles for major advertisers people familiar with the effort said moving to address resurgent concerns that inappropriate content is being shown alongside brand messages.
In recent months advertisers and others have complained about the unfiltered nature of some videos involving children and popular stars such as Logan Paul the second round of such scrutiny in the past year.
Google told partners that it plans to use both human moderators the company recently announced it will have employees focused on the task as well as artificial intelligence software to flag videos deemed inappropriate for ads.
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But he also wears another hat a forum administrator one of many across the globe who put in countless hours managing unofficial online communities where drivers who work for Uber Lyft and other services share advice and warnings answer questions and provide a rare sense of camaraderie.
A message from Uber shared on a forumIn a job where the conditions of work are subject to frequent changes partial information about a discrete experiment an emergent pricing policy or a test feature can spread quickly.
But online communications are adding a new dimension to other kinds of gig work too as my colleagues at Data Society Julia Ticona and Alexandra Mateescu have found in their research on care and cleaning platforms.
A share sale by San Dropbox one of a closely watched group of private tech companies with valuations would follow Snap disappointing step into the public markets.
Spotify owner of the largest paid music service plans to execute its unconventional direct listing this quarter a person familiar with the matter said this month.
made it easier for Dropbox to cut costs while speeding file transfers Chief Operating Officer Dennis Woodside said in an interview last year.
Facebook is making changes to its News Feed in an attempt to favor interactions with friends over what it calls videos or articles that ask a user to just sit back and watch or Ali Asaei for The New York Times SAN FRANCISCO Facebook has introduced sweeping changes to the kinds of posts videos and photos that its more than two billion members will see most often saying on Thursday that it would prioritize what their friends and family share and comment on while content from publishers and brands.
Adam Mosseri vice president of product management at Facebook who is responsible for running the News Feed acknowledged that will be from partners and publishers who often complain about the constant changes in what will be shown across the network.
After the election for instance Zuckerberg initially shrugged off qualms about effect on the outcome even as outsiders pointed to the proliferation of fake news stories on the site that had attacked Hillary Clinton.