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Indie studio Ignited Artists aims for ‘Triple-I’ quality with Barbaric

In Business, Government, Science & Nature by Venture BeatLeave a Comment

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It’s been a while since I heard the phrase “Triple-I,” an independent game studio’s variation on “Triple-A” video games.Then again, there haven’t been that many indie game studios that can claim they’ve been working on a really high-quality title for a long time. But that’s how Scott Foe and Alessandro Tento, cofounders of Ignited Artists, are positioning their San Francisco game studio. The company recently unveiled Barbaric, a cooperative, multiplayer rogue-like dungeon-crawler. It has permanent death, and procedural adventures, mea... Read More
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Facebook, GitHub, and the Ford Foundation donate $300,000 to bug bounty program for internet infrastructure

In Business, Government, Security by Venture BeatLeave a Comment

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The Internet Bug Bounty (IBB), a not-for-profit bug bounty program backed by such tech companies as Facebook and Microsoft, revealed that it has received three $100,000 donations from Facebook, an existing donor, and new investors GitHub and the Ford Foundation. Founded in 2013, the IBB provides financial incentives to security researchers and “white hat hackers” to identify weaknesses in core internet infrastructure and open source software such as Ruby, PHP, Python, and OpenSSL. The organization is managed by a panel of volunteers from across the security realm, including employees from Uber, Microsoft, Facebook, Adobe, and fellow bug bounty body HackerOne. ... Read More
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At San Diego Comic-Con, movie props and costumes are a cottage industry

In Business, Events, Gaming, Government, Mobile Technology, Science & Nature by The VergeLeave a Comment

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Microsoft’s cloud business continues to offset weaker operations

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Microsoft’s share price has more than doubled since Satya Nadella was named CEO in February 2014. Building on an enterprise business established by his predecessor Steve Ballmer, Nadella has pushed Microsoft away from its proprietary, on-premise software into a “mobile-first, cloud-first” vision, embracing different platforms as well as growing markets like the enterprise cloud and AI. As Microsoft closed out its latest fiscal year, the company posted earnings showing the results of that effort. Microsoft reported non-GAAP net income of $7.7 billion, or 98 cents a share, on revenue of $24.7 billion in its fiscal f... Read More
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The Tor Project launches its first public bug bounty program through HackerOne

In Business, Government, Security by Venture BeatLeave a Comment

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The Tor Project, the not-for-profit body behind the anonymizing Tor browser that lets anyone browse the internet without being tracked, has announced its first ever bug bounty program. Tor, an acronym of “The Onion Router,” is downloadable software that directs traffic through a volunteer-run network of relays. It’s typically used by whistleblowers and activists or those living under strict government regimes. Major tech companies and media outlets embrace Tor too, with ... Read More
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For-profit schools are closing fast — here’s why

In Business, Education, Government, Legal, Video by NewsyLeave a Comment

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Because of lawsuits and regulations, for-profit schools have fallen by 17 percent since 2012.Learn more about this story at www.newsy.com/70707/Find more videos like this at www.newsy.comFollow Newsy on Facebook: www.facebook.com/newsyvideosFollow Newsy on Twitter: www.twitter.com/newsyvideos... Read More
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BestMile Announces New Advisory Board Appointments

In Business, Government by Venture BeatLeave a Comment

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SAN FRANCISCO & LAUSANNE, Switzerland–(BUSINESS WIRE)–July 19, 2017– BestMile formalizes its advisory board by appointing two outstanding industry leaders to support its rapid growth, Christopher Choa and Randell Iwasaki. Randell Iwasaki was appointed as the Executive Director of the Contra Costa Transportation Authority (CCTA) in 2010. Prior to working at the CCTA, he worked for the California Department of Transportation for 27 years and his last position was app... Read More
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Zero Gravity Solutions Announces That Rik Miller, Former President of DuPont Crop Protection Has Been Named Its Senior Strategic Agricultural Advisor

In Business, Education, Government, Legal, Science & Nature by Venture BeatLeave a Comment

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BOCA RATON, Fla.–(BUSINESS WIRE)–July 19, 2017– Zero Gravity Solutions, Inc. (“ZGSI” or the “Company”) (Pink Sheets: ZGSI), an agricultural biotechnology public company commercializing its technology derived from and designed for Spac... Read More
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Kate Edwards joins Take This to continue mental health advocacy in the gaming industry

In Business, Education, Government, Healthcare by Venture BeatLeave a Comment

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Earlier this month, Kate Edwards joined the board of directors at Take This, a mental health advocacy group in the games industry. In some ways, it’s an extension of her previous work as Executive Director of the International Game Developers Association, where she advocated against crunch time and championed diversity. Take This is a non-profit that focuses on raising awareness and providing education around mental illness. In addition to commissioning white papers and studies as well as organizing... Read More
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Surge Components reports loss

In Business, Emerging Technology by Long Island Business NewsLeave a Comment

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Surge Components, a maker of capacitors and semi-conductors, reported a $103,000 second quarter loss roughly flat with its  $108,000 loss a year ago. The Deer Park-based firm reported that net sales increased 5 percent to $7.4 million, primarily attributable to increases in orders. Gross profit increased by 9.6 percent to $1.8 million and gross profit margin increased to 24.1 percent from 23.1 percent. CEO Ira Levy pointed to “the successful introduction of new product lines to the market, and continued growth in our distribution sales channels.” He said gross profit increased “due to our focus on our efficient management of the business and higher margin customers.” Selling and shipping expens... Read More
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Students from war-torn nations join peers in global robotics competition-

In Business, Education, Emerging Technology, Government, Science & Nature, Video by CCTV AmericaLeave a Comment

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Nearly a thousand students gathered in Washington, DC to participate in an “Olympics” style robotics competition.The gathering of 163 teams of high school students – from 157 nations was all in an effort to promote Science, Technology, Engineering and Math (STEM) fields among children worldwide. The competition was created by not-for-profit group FIRST Global. CGTN’s Yasmeen Alamiri reports.... Read More

Netflix’s surprising subscriber growth pushes stock higher

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Netflix delivered stronger-than-expected growth in subscribers in the second quarter, pushing the stock up as much as 9.7 percent in after-hours trading after it reported earnings for the quarter. Net new streaming subscribers grew by 5.2 million to 103.95 million. Netflix said 1.07 million of those net new subscribers were in its domestic market and 4.14 million were in overseas markets. FactSet had estimated growth of total net new subscribers at 3.23 million, with 631,000 in the U.S. and 2.59 million overseas. The company surpassed those estimates by a good margin. As a result, Netflix said, its revenue in the second quarter rose 32 percent to $2.79 billion and posted a net profit of 15 cents a share. Analysts surveyed b... Read More
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How to Plant a Tree in the Desert

In Business, Education, Government, Legal, Science & Nature, Start Up by New YorkerLeave a Comment

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President Trump’s decision to pull the United States out of the Paris climate accord was perplexing to Europeans for many reasons, not least of which was their determination that climate change represents a for-profit opportunity. In particular, the Dutch, who more or less invented water management in Europe, a millennium or so ago, have developed a specialty in climate-change-related innovation. Four years ago, Jurriaan Ruys was a partner at McKinsey, focussing on global sustainability issues. The Dutchman had been an environmentalist since the age of eight, when he went door to door handing out stickers to save the sea turtles, but he became frustrated by the abstract nature of his work—... Read More
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Teachers With Student Debt: The Struggle, The Causes And What Comes Next

In Business, Education, Finance, Government, Healthcare, Legal, Science & Nature, Security by National Public RadioLeave a Comment

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Enlarge this image Chelsea Beck/NPR "I am overloaded and struggling. It's terrifying." "I feel like I'll be making the last payment from my grave." "It is an albatross around my neck. Years of paying and I feel like I'm getting nowhere." "Help!"... Read More
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After Rift’s price cut, it’s HTC’s move

In Business, Education, Government, Healthcare, Legal, Start Up by Venture BeatLeave a Comment

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Since the bombshell price drop earlier this week by Facebook’s Oculus, a number of theories have emerged regarding the Rift’s temporary $400 price.Is Oculus preparing a second generation and hoping to clear stock? Is Oculus struggling so much that Facebook is dropping the price of the Rift in a last ditch effort to save it? Is Facebook under pressure to move units fast because they are concerned about a ZeniMax injunction after the $500 million judgment earlier this year, as China’s regio... Read More
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10 AI startups blossoming beyond Silicon Valley

In Business, Education, Events, Healthcare, Legal, Science & Nature, Start Up by Venture BeatLeave a Comment

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As I was heading from Atlanta to San Francisco to talk about investing in artificial intelligence at MB 2017, it struck me how artificial intelligence may be the buzzword of this year. Every startup seems to need the “AI accessory” in their pitch. Alphabet declares itself an AI company. Investor... Read More
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Dispute could mean financial panic in bitcoin

In Business, Emerging Technology, Gaming, Government, Start Up by Long Island Business NewsLeave a Comment

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Got some bitcoin? An internal dispute over the digital currency could soon mean financial losses, whipsawing prices and delays in processing payments. It’s also possible that nothing much changes. It all depends on whether the people who maintain bitcoin can agree by July 31 to implement a major software upgrade — one designed to improve capacity on the increasingly clogged network. Not everyone is on board. In particular, some bitcoin “miners,” who are rewarded for verifying transactions, aren’t supporting the changes. Any split between miners and others who use bitcoin, including a number of startups and a few big companies, could cause a panic in the $39 billion bitcoin marketplace. So far, bitcoin’s v... Read More
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Google given a seat on Bluetooth SIG board of directors

In Business, Government by Venture BeatLeave a Comment

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Google has been given a coveted seat on the board of directors of the Bluetooth Special Interest Group (SIG). The Bluetooth SIG is a not-for-profit organization that has overseen the development of Bluetooth standards since 1998. Founding members included representatives from Nokia, Toshiba, IBM, Intel, and Ericsson, though 400 members had joined by the end of its first year. Most companies wishing to use Bluetooth in their products become members of the Bluetooth SIG, and today it coun... Read More
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Northwell real estate exec launches new firm

In Business, Education, Emerging Technology, Healthcare by Long Island Business NewsLeave a Comment

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The guiding force behind Northwell Health’s real estate maneuvers is launching his own company. Philip Silverman, formerly Northwell’s chief physical assets officer, is leaving that post to head Blue Sky Real Estate Services. Silverman’s new Manhattan-based firm, which signed Northwell as its first client, will focus on providing “real estate solutions to healthcare, educational and other mission-driven organizations,” according to a company statement. Prior to joining Northwell, Silverman served as vice president for real estate at Columbia University where he assembled the 17-acre site for the 6.8 million square foot Manhattanville campus expansion. Silverman has more th... Read More
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Why strategic VC is a secret weapon in healthcare

In Business, Education, Events, Finance, Government, Healthcare, Science & Nature, Start Up by Venture BeatLeave a Comment

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Presented by Providence Ventures Before coming to Providence Ventures, I helped life science and tech entrepreneurs build business cases around their product ideas to fix healthcare problems. Included in that advice was always the sage quip, “Go talk to some people in healthcare, your customers — doctors, healthcare system leaders, administrators who make buying decisions — and test how compelling the value proposition for your product is.” At the time, I was on the outside of the healthcare system. I was behind the massive moat that separates the community of talent trying to help the monstrosity that is healthcare better deliver service to its patients — who are also on the outside of that moat mos... Read More
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The FCC says net neutrality destroys small ISPs. So has it?

In Business, Government, Legal by The VergeLeave a Comment

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Net neutrality is meant to prevent internet giants like Comcast, Verizon, and AT&T from wielding their huge networks as weapons to suppress competition from web companies like Netflix, Dropbox, and even sources of news. While those large ISPs account for the vast majority of US internet subscribers, there are thousands of other internet providers out there that don’t have that kind of power. And though they’re small, they’ve played an outsized role in the net neutrality debate. In April, 22 small cable providers signed a letter to the Federal Communications Comm... Read More
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Why building an AI company should not remind you of a blind date

In Business, Government, Start Up by Venture BeatLeave a Comment

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It’s easy to start an AI company. All you need is an idea and some funding, right? Not so fast, say two experts who are known for building well-known conversational UI platforms. It’s a difficult and time-consuming process, one that requires extraordinary effort. And it is a highly competitive market. Funding alone won’t make it work. One big lesson: You have to know what you’re getting into. Building an AI company is not like a first date or a blind date. It has to be much more planned out, even though that’s sometimes not the case. One example from a high-profile company: ... Read More
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Mangano Recognizes Delta Sigma Theta Sorority For Supporting Disadvantaged Residents

In Business, Education by Nassau County GovernmentLeave a Comment

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Nassau County Executive Edward P. Mangano met with members of the Nassau Alumnae Chapter of the Delta Sigma Theta Sorority Social Action Committee for their 2nd Annual Delta Day, on Monday, July 10th at the Theodore Roosevelt Executive and Legislative Building, to discuss the needs of the minority community in Nassau. “I thank Delta Sigma Theta for their dedication to disadvantaged residents in Nassau County, and wish them many more years of success,” said County Executive Mangano. Delta Sigma Theta is a not-for-profit Greek-lettered sorority of college-educated women, dedicated to public service, with an emphasis on programs that target the African American community. There are currently over 160 ... Read More
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Thousands of Venezuelans forced to buy food and medicine in Colombia

In Business, Video by Al Jazeera EnglishLeave a Comment

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Tens of thousands of Venezuelans have been crossing into neighbouring Colombia every day in search of basic food items and medicine.As Venezuela's economic crisis deepens, these items are becoming increasingly hard to find.Some people are selling subsidised Venezuelan products at a profit just to put food on their tables.Al Jazeera’s Alessandro Rampietti reports from Cucuta.Subscribe to our channel http://bit.ly/AJSubscribeFollow us on Twitter https://twitte... Read More
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Nonprofit Helps California’s Asian-American Farmers Grow Their Business

In Business, Education, Finance, Government, Healthcare, Start Up by National Public RadioLeave a Comment

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Enlarge this image A family photo from the 1990s shows the Yang family sitting on a truck on their farm. Courtesy of Asian Pacific Islander Forward Movement hide caption toggle caption Courtesy of Asian Pacific Islander Forward Movemen... Read More
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Once A Bustling Black Enclave, East Austin Residents Make A Suburban Exodus

In Business, Education, Government, Healthcare, Legal, Science & Nature by National Public RadioLeave a Comment

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Enlarge this image Many families who used to live in East Austin have relocated to nearby Manor, Texas. Jorge Sanhueza-Lyon/KUT hide caption toggle caption Jorge Sanhueza-Lyon/KUT On a Sunday in late April, P... Read More
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If FCC gets its way, we’ll lose a lot more than net neutrality

In Business, Government, Legal by Ars TechnicaLeave a Comment

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Enlarge / Net neutrality supporters rally for Title II reclassification of broadband in front of the White House in November 2014.Stephen Melkisethian reader ... Read More

Alphabet wants user-generated content on Google Earth

In Business by Venture BeatLeave a Comment

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(Reuters) — Alphabet wants users to post millions of stories, video and photos on its Google Earth platform in the next few years, the program chief said on Tuesday at a launch event in Brazil for content focused on showcasing the Amazon rainforest. The “Voyager” tool allows internet surfers to take interactive tours of exotic destinations on Google Earth led by the likes of primatologist Jane Goodall, with photos, information and maps. However, regular users will be able to create their own unedited content for private or public use within two to three years, Google Earth Director Rebecca Moore told Reuters. “The story of your family history, the story of your favorite hiking trip – it could be an... Read More
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Betsy DeVos hits reset on new student loan consumer protections

In Business, Education, Government, Legal, Video by PBS NewsHourLeave a Comment

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The Trump administration has held up the implementation of Obama-era rules that would have allowed student borrowers to have their debt erased if they had been victims of fraud by for-profit schools. Now 18 states and the District of Columbia have responded with a lawsuit challenging the Education Department. Jeffrey Brown learns more from Anya Kamenetz of NPR.... Read More
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Pricier Frito-Lay snacks help PepsiCo’s sales

In Business, Emerging Technology by Long Island Business NewsLeave a Comment

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PepsiCo said pricier snacks and drinks boosted its sales in North America during the second quarter, even though the amount of products it sold in the region didn’t change from a year ago. Sales in the Frito-Lay snacks division rose 3.5 percent in North America, with PepsiCo Chief Financial Officer Hugh Johnston attributing the increase to price hikes as well as more “premium” products like Lay’s Poppables, which are puffed up pieces of potato. PepsiCo, like other major packaged food makers, is working on cutting costs and transforming its product lineup to reflect shifting tastes. In the saturated North American market, it’s also trying to push up revenue with pricier products since increasing sales volume can be... Read More
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Snap falls below $17 IPO price for the first time

In Business, Emerging Technology, Finance, Government, Mobile Technology by Venture BeatLeave a Comment

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Snap stock has fallen below its IPO price of $17 for the first time, roughly four months after the maker of Snapchat went public in March. After briefly touching the $17 threshold in mid-June, Snap’s stock price fell to an all-time low of $16.99 at market close on Monday. That means all the investors who bought into the disappearing-message app company’s much-hyped stock market debut have officially lost money. Mo... Read More
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Akron entrepreneurship is more than hockey sticks and white males

In Business, Education, Finance, Government, Start Up by Venture BeatLeave a Comment

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Akron, Ohio, like many legacy cities, experienced a rougher-than-average blow with the economic downturn. But with the help of a new generation of entrepreneurs, the city is also rebounding at a stronger rate than some of its neighbors. Here’s a look into what makes Akron’s entrepreneurship scene stand out and which local programs are supporting its growth. 1. You don’t have to carry a hockey stick For decades, the word “entrepreneur” has been associated with highly scalable startups; tech-oriented businesses that were deemed successful when their profit line mimicked the proverbial hockey stick. While Akron has plenty of exciting tech startups, we also celebrate the entrepreneurs whose financia... Read More
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Samsung claims blockbuster earnings in Q2, including record profits

In Business, Mobile Technology by Venture BeatLeave a Comment

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Though details were scarce, it looks like Samsung just blew the doors off its earnings in the second quarter. The company issued a slim earnings guidance announcement today that said it will report $12.1 billion in profit on $52 billion of revenues for the three months ending June 30. That would represent a jump of 18 percent in revenues compared to the same period a year ago, and an increase of 72 percent for profits. Those profits would be the largest in the company’s history. However, the company notes that these numbers remain estimates, and represent the median of a possible range of actual figur... Read More
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Researchers Found They Could Hack Entire Wind Farms

In Business, Education, Government, Security, Start Up by Wired NewsLeave a Comment

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On a sunny day last summer, in a vast cornfield somewhere in the large, windy middle of America, two researchers from the University of Tulsa stepped into an oven-hot, elevator-sized chamber within the base of a 300-foot-tall wind turbine. They’d picked the simple pin-and-tumbler lock on the turbine’s metal door in less than a minute and opened the unsecured server closet inside. Jason Staggs, a tall 28-year-old Oklahoman, quickly unplugged a network cable and inserted it into a Raspberry Pi minicomputer, the size of a deck of cards, that had been fitted with a Wi-Fi antenna. He switched on the Pi and attached another Ethernet cable from the minicomputer into an open port on a programmable automation ... Read More
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18 States Sue Betsy DeVos And Education Dept. Over Delay Of Borrower Defense Rule

In Business, Education, Government, Legal by National Public RadioLeave a Comment

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Enlarge this image Education Secretary Betsy DeVos, seen here testifying on Capitol Hill last month, is accused of unlawfully delaying a federal rule stemming from the Obama administration. Win McNamee/Getty Images hide caption toggle caption ... Read More
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Samsung poised to overtake Intel as biggest chip maker by revenue

In Business, Government, Mobile Technology by Venture BeatLeave a Comment

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(Reuters) — Samsung Electronics is expected to report its best-ever quarterly profit in the second quarter, with soaring memory chip sales pushing it past Intel as the biggest semiconductor maker by revenue for the first time. The world’s largest memory chip maker is the among the biggest beneficiaries of soaring demand for processing firepower on smartphones and servers, which has fueled an industry super-cycle amid limited supply growth. Underscoring its dominant position, Samsung said on Tuesday it plans to invest some $18.6 billion in South Korea as it seeks to extend its lead in memory chips and next-generation displays for smartphones. The South Korean tech giant, Asia’s third-largest company b... Read More
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Stony Brook Professor Named a 2017 American Chemical Society Fellow

In Business, Education, Government, Healthcare, Science & Nature by Stonybrook UniversityLeave a Comment

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Stony Brook Professor Named a 2017 American Chemical Society FellowDr. Nicole Sampson recognized for research in protein and macromolecular interactions Stony Brook, NY – July 3, 2017 – The American Chemical Society (ACS) has named Stony Brook University Chemistry Professor Nicole S. Sampson, PhD, to the 2017 class of ACS Fellows, which recognizes scientists who have demonstrated outstanding ... Read More
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Uber’s Scandal Provides a Chance to Remake Silicon Valley

In Business, Gaming, Government, Legal, Science & Nature, Start Up by Wired NewsLeave a Comment

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Captain Renault: “I’m shocked—shocked—to find that gambling is going on in here.” Croupier: [hands Renault money.] “Your winnings, sir.” Renault: “Oh, thank you very much. Everybody out at once!” For the past several years, Uber has defined how the world sees the modern tech company—brilliant and customer-focused, but also amoral, ruthless, arrogant, and destructive (to say nothing of sexist). Now, as it seeks to redefine itself, Uber also has the chance to redefine the business of technology, and to upend the unstated assumptions and incentives that led the company, and the industry, to this point. It may have been Susan J. Fowler’s ... Read More
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Warren Buffett to buy 700 million shares in Bank of America

In Business, Emerging Technology by Long Island Business NewsLeave a Comment

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Warren Buffett’s Berkshire Hathaway said Friday it will amass a 700-million-share stake in Bank of America, making Buffett the largest shareholder in two of the nation’s largest banks. Berkshire said that it will convert warrants it purchased in Bank of America back in 2011, when the bank was struggling following the financial crisis, into common shares in the bank. The stake in the bank will make Berkshire the largest shareholder in Bank of America, exceeding mutual fund giant Vanguard. Buffett said in his annual shareholder letter that he would convert his warrants in Bank of America to common stock if the bank were ever to raise its annual dividend above 44 cents a share, which the bank did this week. This week, the ... Read More
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Blue Apron delivers: shares rise in stock market debut

In Business, Emerging Technology, Finance, Government by Long Island Business NewsLeave a Comment

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Meal-kit company Blue Apron delivered a small win to Wall Street Thursday: Its shares rose in their stock market debut. The stock jumped as much as 10 percent in its debut but quickly retreated from that peak and was up about 1 percent in afternoon trading. Blue Apron ships boxes to customers filled with all the raw ingredients needed to make home-cooked meals. It has many rivals, including HelloFresh and Plated, and there are concerns that competition to deliver groceries to people’s doorsteps will only heat up after e-commerce giant Amazon.com Inc. announced plans to buy organic grocer Whole Foods earlier this month. In some cities, Amazon already sells meal kits with recipes created by home goods mogul Martha St... Read More
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Professor and Bioethicist to Join National Committee on Ethical Issues of Organ Transplantation

In Business, Education, Government, Healthcare, Legal, Science & Nature by Stonybrook UniversityLeave a Comment

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Professor and Bioethicist to Join National Committee on Ethical Issues of Organ Transplantation Stony Brook, New York, - June 29, 2017 – Andrew Flescher,PhD, a Professor in the Department of Family, Population and Preventive Medicine at Stony Brook University School of Medicine, has been appointed to serve on the national ethics committee of the United Network for Organ Sharing (UNOS), the country's non-profit organization that manages the nationwide organ procurement and transplant program. His three-year term will begin July 1st. ... Read More
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Walgreens ends its attempt to buy Rite Aid

In Business, Emerging Technology by Long Island Business NewsLeave a Comment

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Walgreens has ended its takeover pursuit of rival Rite Aid following resistance from U.S. regulators and will instead now buy stores, distribution centers and inventory in a new deal. The proposed merger, first announced in 2015, was initially for about $9.4 billion but was whittled down to about $6.8 billion earlier this year. For scrapping the transaction, Walgreens Boots Alliance will pay Rite Aid Corp. a $325 million termination fee. It will pay Fred’s Pharmacy an additional $25 million following the termination of a related asset deal. Under the new agreement, Walgreens will buy 2,186 stores, three distribution centers and related inventory from Rite Aid for approximately $5.18 billion in cash. Walgreens will ... Read More
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Using Steam data to tell you if your game will sink or swim

In Business, Government, Science & Nature by Venture BeatLeave a Comment

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Have you recently seen a new game on Steam and tried guessing how successful it’s going to be? Maybe you’re developing your own game or just thinking about making one and are wondering the same. What if we looked at existing games and let a computer learn from them? It could then analyze your concept and give you an estimate of sales. And you could make changes to maximize the sales. I decided to make this the subject of my research. Here’s what I learned. Data The research was conducted on a dataset of games released on Steam containing nearly 10,000 entries until July 2016. The data was eventually reduced to games released since September 2013 when Steam Greenlight changed its policy to all... Read More
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Provider Says Senate Bill Is Bad For Health Care

In Business, Government, Healthcare, Video by Associated PressLeave a Comment

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With the GOP-led health care overhaul plan on hold, some are still concerned it would strip away funding for key programs. One Arizona non-profit says thousands of children statewide could lose much needed health services under the plan. (June 28)Subscribe for more Breaking News: http://smarturl.it/AssociatedPressGet updates and more Breaking News here: ... Read More

Radeon, GeForce video cards remain hard to find due to cryptocurrency

In Business by Venture BeatLeave a Comment

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For a brief moment earlier this week, PC gamers looking to upgrade their rigs with the latest video cards from AMD or Nvidia felt some hope. The bitcoin-like cryptocurrency Ethereum that is driving up demand for many of those GPUs saw a drastic drop in value down to $235 from a recent high of $397. And some consumers thought that was potentially the beginning of the end for the GPU drought of 2017, but it wasn’t to be. Ethereum has recovered, and that means you are still competing with “miners” for the limited stock of Radeon RX 580s, ... Read More
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Why Whole Foods’ Small Suppliers Think Amazon Will Be Good For Them

In Business, Government, Start Up by National Public RadioLeave a Comment

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Enlarge this image A Whole Foods Market in Willowbrook, Ill. Many of the small companies that gave Whole Foods its local-food image say they are relieved to see Amazon taking over. But their hopes may collide with the online retailer's cost-cutting tactics. Daniel Acker/Bloomberg/Getty Images hide caption ... Read More
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Hearthstone weakens one the game’s most hated cards

In Business, Gaming, Government, Healthcare by Venture BeatLeave a Comment

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Hearthstone’s Quest Rogue players might actually want to find a cave to hide in after hearing the news of Blizzard Entertainment’s changes to the controversial The Cavern Below card. The publisher of the market-leading digital card game said it’s weakening one of the most-talked about cards from Journey of Un’Goro: The Caverns Below. It will now require you to play five minions, not four, to get the big reward of the quest: The Crystal Core, which gives all your minions 5 attack and 5 health, even if they normally have less. It’s among the most hated cards in the Un’... Read More
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Cancer Research’s Reproducibility Problem Faces a Second Test

In Business, Education, Government, Healthcare, Legal, Science & Nature by Wired NewsLeave a Comment

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Scientists and drug developers are always looking for new ways to hit cancer where it hurts. Recently, they’ve been focusing on metabolic pathways—how cancer cells hijack cells to support their own growth. One of the most promising new treatments for leukemia, for example, targets a single metabolic gene. And much of its therapeutic promise is built on the results of a 7-year-old study, published in Cancer Cell, that has been cited over 1,000 times. Which is how it wound up in the Center for Open Science’s latest reproducibility project. The Virginia-based non-profit has tasked itself with... Read More
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Mixing Business And The Presidency, Trump To Hold Fundraiser At His Washington Hotel

In Business, Events, Government by National Public RadioLeave a Comment

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Enlarge this image Zach Gibson/Getty Images President Trump, who is fond of dining at his Trump International Hotel near the White House, will have some company Wednesday — a roomful of people who paid as much as $35,000 or $100,000 each to be there. The money will go to two joint fundraising operations — Trump Victory, which will tak... Read More

Blackbaud acquires U.K.-based fundraising platform JustGiving for $120 million

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Peer-to-peer (P2P) online fundraising platform JustGiving has been acquired by Blackbaud, a U.S.-based software and services provider for not-for-profit organizations. Blackbaud is paying £95 million ($120 million) to procure “all outstanding equity interests of JustGiving,” according to a statement issued to VentureBeat, with the deal expected to close later this year following the usual regulatory approvals in the U.K. Founded out of London in 2000, JustGiving is perhaps better known in its home country and is the default fundraising platform for thousands of charities and individuals. The platform launche... Read More
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The unconventional way I choose my startup investments

In Business, Finance, Government, Science & Nature, Start Up by Venture BeatLeave a Comment

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I recently retired after working for 40 years at publicly held companies where my fiduciary duty was to my shareholders. For those 40 years I was tasked with delivering the highest possible return to my investors, without engaging in anything illegal or unethical. While I balanced short-term results with long-term value creation considering my community, customers, and employees, I always prioritized my shareholders. And while each of them had their own priorities, foremost among them were company profitability, growth, and share-price appreciation. When I started investing for myself in startups, I decided to create my own criteria and priorities. This led to a balanced approach that equally weights four criteria, with the goal o... Read More
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What Amazon taught us this week: Data-centric companies will devour competitors

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The initial head-scratching phase over the Amazon-Whole Foods deal is giving way to some aha moments as commentators absorb the idea of a mostly online retailer buying something as tangible and localized as an organic grocery chain. They’re pointing out that Amazon will be acquiring a first-class logistics operation, a global distribution hub for its own grocery delivery business, and the opportunity to sell to a broader range of high-income customers. But much of the commentary so far has missed a crucial part of the story: It’s all about the data. The Wall Street Journal was one of the few publications to ... Read More
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BlackBerry shares fall 12% as rivals threaten its turnaround

In Business, Government, Mobile Technology, Security by Venture BeatLeave a Comment

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BlackBerry shares fell as much as 12 percent after the company said its revenue fell short of analyst expectations. Revenue fell 43 percent to $244 million, the company said, below Wall Street’s consensus estimate of $264 million. Despite the revenue decline, BlackBerry managed to post a net profit of 2 cents a share, above the break-even forecast of analysts. CEO John Chen has been trying to engineer a turnaround at BlackBerry by moving away from its long-declining handset business and toward a new business model centered on enterprise software. Revenue from... Read More
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No One Has the Data to Prevent the Next Flint

In Business, Education, Events, Government, Healthcare, Legal, Science & Nature by Wired NewsLeave a Comment

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You have no real way of knowing if your town, your family, or your children face the kind of water contamination that exposed everyone in Flint, Michigan, to lead poisoning. Not because Flint is an outlier–it may, in fact, be the norm—but because no one has enough data to say for sure. Five state and local officials in Flint face involuntary manslaughter charges for failing to alert the public to the looming health crisis there. Yet a recent Reuters report found 3,000 geographic areas in the US with lead poisoning rates twice that of Flint. But you would be hard-pressed to determine whether you l... Read More
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Why digital platforms are delivering higher quality home care

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Dr Mahiben Maruthappu, co-founder at the NHS Innovation Accelerator, speaks on the opportunity to deliver more efficient care services through innovative digital solutions… An aspiring new home care start-up is using technology and digitalisation to deliver more efficient, high-quality services. ‘Our ambition is to transform the social care sector in this country,’ says Dr Mahiben Maruthappu, co-founder of CERA. A junior doctor and adviser on innovation to NHS England, Maruthappu says CERA is an efficient, streamlined end-to-end digitalised and automated platform which is able to cut out the middleman. Digitalisation enables the start-up to match care workers to those who need... Read More
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Amazon to charge advertisers $2.8 million for Thursday night NFL ad packages

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(Reuters) — Amazon is looking to charge advertisers $2.8 million for packages that include 30-second spots during the Thursday night National Football League games it will stream live to its Prime customers this coming season, two people familiar with the matter told Reuters. The offering will be closely watched by the advertising and broadcasting industries as the world’s largest online retailer and cloud-computing company makes its first high-profile push into live sports. Amazon is paying $50 million to the NFL to stream this season’s 10 Thursday night games, sources told Reuters in April. The games will be shown simultaneously on either CBS Corp or Comcast Corp’s NBC, which are broadcasting five games e... Read More

Salesforce’s chief scientist says AI winters are over

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While there’s concerning hype about artificial intelligence in the market today, Salesforce’s chief scientist says that researchers don’t have to fear that interest in in the field will disappear again. “At the same time, I don’t think there will be an ‘AI winter’ again, where hype cycles happen and there’s no more funding, and so on, because AI is now running in production,” Richard Socher said during an onstage interview at a Bloomberg event today. “Google search and social media, and now enterprises are using AI on an ongoing basis, they’re seeing great returns on those investments.” Socher was referencing a set of historical periods... Read More
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Snapchat enables location sharing on its platform with ‘Snap Map’

In Business, Government, Start Up by Gadget SnowLeave a Comment

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Tata Elxsi to help AAI design IT guidelines for airports Imagination Tech up for sale after battle with Apple Infosys CEO: Indian IT industry is not H-1B-dependent Uber saga shows investors’ growing role in startups Oracle Q4 profit beats Wall Street estimates Taiwan's Foxconn says Toshiba deal 'not over' IPL: Oppo, Vivo and others ... Read More
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Courtesy Reliance Jio, Indian telecom sector earnings outlook worst among global peers: StarMine

In Business, Science & Nature by Gadget SnowLeave a Comment

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The Indian telecom sector's aggregate earnings are expected to fall by nearly 70 per cent in the next 12 months, according to data from Thomson Reuters StarMine.Indian telecom firms are reeling due to disruptive tariff plans from new entrant Reliance Jio, backed by India's richest man Mukesh Ambani and his vehicle Reliance Industries.The earnings decline would be the worst among its global peers, the data shows.To restrict customer churn to Jio, telecom companies have slashed tariffs, severely ... Read More
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Zeldin: The right CHOICE for the Long Island economy

In Business, Emerging Technology, Government, Legal, Start Up by Long Island Business NewsLeave a Comment

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The financial meltdown of 2008 left our economy in shambles. Millions of Americans were negatively impacted, many right within our home state, with so many people losing their jobs, having their homes foreclosed upon, and ultimately left in a state of dire financial uncertainty. The “Great Recession” was caused by weak underwriting standards, flawed big government policies and the trading and long-term holding of poorly rated home loans which would never be paid back. In 2008 alone, 861,664 families lost their homes. The crisis only worsened in the following years and left our nation with an economic gap which we are still recovering from. The Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as ... Read More
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Small food makers wonder about Amazon-Whole Foods impact

In Business, Emerging Technology, Government by Long Island Business NewsLeave a Comment

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Among the many questions being asked about Amazon’s intended purchase of Whole Foods is one from small and medium-sized food manufacturers: How might this deal affect me? The unknowns include whether Amazon might change the grocery chain’s food offerings, which at the moment include thousands of products made by small and mid-sized businesses. A key point for many companies is whether Whole Foods would place less of an emphasis on buying locally produced or innovative foods after the $13.7 billion purchase, expected to become final later this year. Whole Foods’ buying strategy, which appeals to many consumers, has made it possible for small players to get products into regional stores. The company says between 10 perc... Read More
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Uber CEO Kalanick resigns under investor pressure

In Business, Education, Emerging Technology, Government, Legal, Start Up by Long Island Business NewsLeave a Comment

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Travis Kalanick, the combative and embattled CEO of ride-hailing giant Uber, has resigned under pressure from investors at a pivotal time for the company. Uber’s board confirmed the move early Wednesday, saying in a statement that Kalanick is taking time to heal from the death of his mother in a boating accident “while giving the company room to fully embrace this new chapter in Uber’s history.” He will remain on the Uber Technologies Inc. board. The move comes as Uber, the world’s largest ride-hailing company, was having trouble morphing from a free-wheeling startup into a mature company that can stanch losses and post consistent profits. After eight years of phenomenal growth by upending the taxi business, Uber ... Read More
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Designers, builders face increasing competition, shrinking margins

In Business, Emerging Technology, Government by Long Island Business NewsLeave a Comment

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Increased competition for projects is the most concerning challenge for the local design industry, according to a newly released study by accounting firm Grassi & Co. A companion study found shrinking profits are the biggest issue facing construction firms. In the 2017 Architecture & Engineering Industry Market Outlook Survey, increasing competition was cited as a major challenge over the next two years by 71 percent of respondents. Besides competition, what keeps New York-area design firm executives up at night most are concerns over project funding (55 percent) and shrinking margins (52 percent). “Firms are most worried about securing projects in a competitive market and then obtaining the funding for these jobs... Read More
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Sverica Capital Management Announces Acquisition of iWave Information Systems Inc.

In Business, Education, Healthcare, Legal by Venture BeatLeave a Comment

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SAN FRANCISCO–(BUSINESS WIRE)–June 21, 2017– Sverica Capital Management LLC (“Sverica”), a private equity investment firm, along with Ross Beattie and Gerry Lawless, announced today that they have acquired ... Read More
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Why Is China Snatching Up Australian Farmland?

In Business, Education, Events, Government, Legal by National Public RadioLeave a Comment

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Enlarge this image A worker tips a bucket of harvested Shiraz grapes into a collection tub at the Helen & Joey Estate vineyard in the Yarra Valley region of Greater Melbourne, Australia. China is now the biggest importer of Australian wine. Carla Gottgens/Bloomberg via Getty Images hide caption ... Read More
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Trump Steaks, but for Hotels

In Business, Education, Government by New YorkerLeave a Comment

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A couple of weeks ago, at Trump Tower, on the same spot where Donald Trump announced his Presidential bid, Eric Danziger, the C.E.O. of Trump Hotels, formally launched a new line of three-star hotels, called American Idea, which will cater to lower-income, rural areas of the country. It was the most blatant instance yet of the Trump family’s profiting from its political power—in this case, by shifting from its long-standing focus on luxury markets in order to make money from the very demographic that put Trump in the White House. Within the hotel industry, the event raised eyebrows for another reason: it was unbelievably haphazard. Danziger, though a veteran of the industry, had almost nothing to show his audience. There was no Web s... Read More
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Liftoff

In Business, Emerging Technology, Gaming, Government, Science & Nature by The VergeLeave a Comment

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Everyone I speak to at the Drone Racing League World Championship Race is happy about how well things are going. The pilots? Happy. The crew? Happy. Nick Horbaczewski, CEO of the Drone Racing League (DRL), which this month raised $20 million in venture capital to turn what is a niche hobby into a worldwide sport? Extremely happy, if a little red-eyed and ragged. We’re sitting in a back room in Alexandra Palace, otherwise known as Ally Pally, an extravagant Victorian-era venue in London that was once home to balls and traveling exhibitions. This is the home for the final race of DRL’s 2017 season. Horbaczewski, who speaks fluent press release, is rattling off figures at me.... Read More
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Different standards

In Business, Emerging Technology, Events, Government, Legal by Long Island Business NewsLeave a Comment

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The federal government has quietly begun implementing a new standard requiring investment advisors to act as a “fiduciary” regarding retirement savings, but leaving a lower standard in place for other personal investments. The United States Department of Labor created a new “fiduciary” rule after a government report determined U.S. retirees lose $17 billion annually because of advisors’ conflicts of interest. The rule shifts from a standard for “suitable” advice to one requiring an investor’s “best interest,” but only applies to retirement assets. U.S. Department of Labor Secretary Alexander Acosta on May 22 said there is no legal reason to delay phase 1, which as of June 9 starts laying groundwor... Read More
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5 major barriers facing the future of connected cars

In Business, Emerging Technology, Events, Government, Security by Venture BeatLeave a Comment

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Connected vehicles (CVs) have inspired so much digital ink, it’s easy to forget autonomous vehicles (AVs) aren’t the only digital innovation revolutionizing the auto industry. Nor, in fact, are they the first. CVs have been on our roads and highways for the better part of decade, and most newer vehicles feature some form of connected technology. Bluetooth connectivity, for example, is a common feature found in most vehicle packages today. However, car manufacturers and tech companies are planning for much bigger things, including advanced communication, automation and analytics in vehicle... Read More
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Here’s how we start to stabilize Bitcoin, Ethereum

In Business, Finance, Gaming, Government, Science & Nature, Security, Start Up by Venture BeatLeave a Comment

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News of Bitcoin and Ethereum is everywhere these days. The two cryptocurrencies have had returns over the past year that make a big-time hedge fund manager look like he’s running a lemonade stand in front of his parents house. Since last year, Bitcoin is up (at the time of this writing) 390.55 percent and Ethereum’s currency, Ether, is up a mind-blowing 1,896.13 percent. New money is pouring into the cryptocurrency space, with one investment fund announcing a raise of $400 million dollars. Though talk of the inevitable Tulip m... Read More
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What the Whole Foods acquisition will do for Amazon

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A recent whirlwind of rumors have said Amazon could be launching all kinds of new business lines, including cars and pharmaceuticals and that it’s interested in acquiring corporate messaging platform Slack. But the news today that Amazon is buying Whole Foods is the biggest surp... Read More
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US Education Secretary Halts New Rules Meant to Protect Student Borrowers

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Published on Jun 16, 2017The U.S. Department of Education has halted the implementation of two Obama-era rules meant to protect student borrowers and hold for-profit colleges accountable Category License Standard YouTube License ... Read More
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Say Goodbye to Yahoo! And Hello to the Evolved and Connected Digital Experience

In Business, Gaming, Government, Healthcare, Legal, Science & Nature, Security by Dealer Track HoldingsLeave a Comment

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Believe it or not, I still have a Yahoo! email account. I no longer use it for much more than the “secondary” email address on password settings because, well, the contents of the inbox resemble a tangled weed patch of spam and phishing missives. I’d rather not waste my time.It’s sad. And reflective of how this once ubiquitous portal went from powerhouse to afterthought, and now a part of Verizon. Back in the day, it was different: Yahoo! was the first website/search engine/portal experience for many people – a true conduit to a whole new digital world. Yet as time went by, other digital players caught up, traffic dwindled, and so did revenue. Which was a shame because the company invested in and produced good content, b... Read More
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The Investor Who Took On Uber, And Silicon Valley

In Business, Education, Government, Healthcare, Legal, Science & Nature, Start Up by National Public RadioLeave a Comment

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Enlarge this image Freada Kapor Klein stands on a staircase at the Kapor Center for Social Impact in Oakland, Calif. She is a high profile investor, who invested early on with Uber. She has used her voice and her money in a decades-long effort to promote more diversity in Silicon Valley. Talia Herman for NPR hide caption... Read More
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Trump’s boyhood home now for rent

In Business, Emerging Technology, Government by Long Island Business NewsLeave a Comment

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After being flipped for a quick $750,000 profit in March, the Queens boyhood home of President Donald Trump is now available to rent. The Tudor-style home on Wareham Place in Jamaica Estates, which has five bedrooms, four and a half bathrooms and a two-car garage, is listed as Trump’s address on his birth certificate and his family lived there until he was around four years old. Michael Davis paid $1.39 million for the home in Dec. 2016 and flipped it for $2.14 million in March 2017 to an unnamed real estate investor. The new owner has now listed the property as a rental with Jason Friedman and Rudi Friedman of Coldwell Banker Residential’s Great Neck of... Read More
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‘Supersizing Urban America’: How U.S. Policies Encouraged Fast Food To Spread

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Enlarge this image A new book examines how federal government policies made it easier for minorities to open fast-food franchises than grocery stores. Today the landscape of urban America reflects this history. Chris Kindred for NPR hide caption ... Read More
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Montuori: The market is at a high: Should I jump in?

In Business, Emerging Technology, Government by Long Island Business NewsLeave a Comment

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Consider:  the power of dollar cost averaging. Many investors may feel that they missed the latest rise in the markets and wonder what they should do if they have cash on the sideline. They feel left out watching the markets rise without them and are waiting for the next market pull-back to happen.  But when will it happen and how far might the market rise before it happens? Dollar cost averaging is designed for investors who do not wish to invest all of their money at one time, in one lump sum.  Rather than trying to guess or time the market fluctuation, it is a systematic approach to investing.  It attempts to address the day-to-day market fluctuations and is designed to address the difficulty in pinpointing the best ... Read More
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Microsoft joins open source Cloud Foundry Foundation

In Business, Science & Nature by The StackLeave a Comment

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Microsoft has announced that it has joined the Cloud Foundry Foundation as a Gold Member. In line with the new partnership, Microsoft will extend Cloud Foundry integration with Azure to provide additional support for the development of Cloud Foundry apps on the Azure platform. The announcement was made at yesterday’s Cloud Foundry Summit Silicon Valley 2017 in Santa Clara. Advances to Cloud Foundry’s integration with Microsoft Azure include back-end integration of Cloud Foundry with the Azure Database, including PostgreSQL and MySQL. Cloud broker support will be provided as well, for SQL Databa... Read More
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Akbar Al Baker: What’s next for Qatar Airways? – Talk to Al Jazeera

In Business, Government, Video by Al Jazeera EnglishLeave a Comment

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Saudi Arabia, the United Arab Emirates, Bahrain and Egypt have closed their airspace to Qatari aircraft amid a deepening diplomatic row, forcing Qatar's flag carrier to re-route its flights over Iran, Turkey and Oman.The decision by the four Arab nations to sever diplomatic ties, and cut off sea and air links with Qatar has caused major disruptions to air travel across the Gulf and raised fears for the future of aviation in the region - home to several of the world's major long-haul carriers.The countries that launched the measures against Qatar have accused it of supporting "terrorism", a claim Qatar has called "unjustified". However, the company just announced profits, record profits. ... Read More
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Attorneys General Of Maryland And D.C. Sue Trump Over His Businesses

In Business, Education, Government, Legal by National Public RadioLeave a Comment

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Enlarge this image Maryland Attorney General Brian Frosh (left) and District of Columbia Attorney General Karl Racine announce a lawsuit against President Trump over conflicts of interest with ... Read More
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Uber board is reportedly discussing CEO Travis Kalanick taking time off

In Business, Government, Legal, Start Up by Venture BeatLeave a Comment

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Reuters — Uber Technologies Inc’s [UBER.UL] board will discuss Chief Executive Travis Kalanick temporarily stepping away from the embattled ride-hailing firm and consider sweeping changes to the company’s management practices at a meeting on Sunday, according to a person familiar with the situation. The person briefed on the matter said the board will discuss Kalanick taking time off from the company. The discussion involved the possibility that Kalanick might return in a role with less authority, this person said, either in a position other than CEO or as CEO with narrower responsibilities and subject to stronger oversight. The source said it is not clear that the board will make any decision to change Kalan... Read More
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Major tech stocks tumble, and it’s nothing to shrug off

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After months of quietly climbing higher and higher, tech stocks began to tumble Friday, with the Nasdaq Composite falling as much as 2.8 percent during mid-day trading. More disconcertingly, the selloff hit hardest some of the largest-cap and best-known names in tech. Microsoft fell as much as 4.6 percent, while Alphabet and Facebook lost as much as 5 percent. Amazon fell as much as 5.3 percent, Apple 5.6 percent, and Netflix 6.5 percent. Such declines aren’t unheard of in the history of technology stocks, which have a long record of volatile performances because of their focus on growth and the cyclical nature of the industry. But the selloff was notable not only for its sudden onset but also because most of these stock... Read More
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Kabam’s leaders offer mobile gaming lessons and a bittersweet goodbye

In Business, Education, Gaming, Government, Healthcare, Mobile Technology, Science & Nature, Start Up by Venture BeatLeave a Comment

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Kabam was one of the most inspiring rags-to-riches stories of modern gaming. Founded in 2008 by former University of California at Berkeley students, it started out as social game company Watercooler Games. It changed its name to Kabam and saw early success with titles like Kingdoms of Camelot and Dragons of Atlantis on Facebook’s explosive social network. Then it pivoted away from Facebook, moved into mobile games, expanded worldwide, and then circled its wagons around fewer, bigger and better mobile games. By the end, it had huge hits like The Hobbit: Kingdoms of Middle-earth and Marvel Contest of Champions. Kabam thinned out, reducing its staff from a peak of 800 employees, and it spun out smaller and older titles. That drew ... Read More
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A Little-Known Climate Fund Is Suddenly In The Spotlight

In Business, Finance, Government, Legal, Science & Nature by National Public RadioLeave a Comment

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Enlarge this image Wind turbines in Egypt's Sinai Desert. Helping developing countries harness energy from the wind is one of the Green Climate Fund's goals. Anto... Read More
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Valley Stream Man Charged With $1M Medicaid Fraud

In Business, Government, Healthcare, Legal, Security by Long Island PressLeave a Comment

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A medical supply company owner from Valley Stream was indicted for stealing more than $1 million by billing Medicaid for expensive nutritional formula while supplying patients with a lower-priced substitute, authorities said. Kester Atumonyogo, who owns Brooklyn-based Monack Medical Supply, Inc., was charged with health care fraud, grand larceny, welfare fraud and offering a false instrument for filing, all felonies. “New Yorkers pay into Medicaid to meet the healthcare needs of the most vulnerable in our communities,” New York State Attorney General Eric Schneiderman said. “They deserve to know their dollars are going to help people, not profit unscrupulous business owners.” Prosecutors said the 49-year-old ... Read More
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How the game industry can play well with hackers

In Business, Finance, Government, Security by Venture BeatLeave a Comment

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The gaming industry has come a long ways since I got my start in gaming with Diablo and Counter-Strike in the late ’90s. With the advent of virtual reality and the proliferation of virtual currencies, the gaming experience has evolved into something far greater in recent years. We no longer just have games, we have entire worlds — and real economies inside of them. This is perhaps illustrated most famously by last summer’s ... Read More
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LEGISLATOR KENNEDY ATTENDS COURT OF HONOR FOR MASSAPEQUA EAGLE SCOUT JACK GEORGIS

In Business, Government by Nassau County GovernmentLeave a Comment

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Legislator James D. Kennedy recently had the pleasure of honoring Jack Georgis of Massapequa Boy Scout Troop 339 for attaining the prestigious rank of Eagle Scout. Jack’s Eagle Scout project consisted of raising funds and donations of pet supplies for “All About Spay Neuter”, a non-profit animal adoption and rescue center located in Massapequa. Shown in photo above are Eagle Scout Jack Georgis and Legislator James D. Kennedy. ... Read More
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YouTube’s gossip vloggers have created their own tabloid industry

In Business, Education, Events, Government, Legal by The VergeLeave a Comment

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In May 2016, a celebrity couple went through a difficult breakup. Following the public relations guidebook, they formalized an official statement, hitting all the familiar notes. “Everybody thinks everything’s perfect, that we have a perfect life,” they said, “and it’s really not.” The split, and subsequent damage control, seemed ordinary enough, as far as celebrity heartbreak goes. Except for one thing: the couple, Jesse Wellens and Jeana Smith, didn’t make the announcement on the cover of a tabloid, or through a publicist. It was on YouTube. And what followed was a flurry of gossip coverage produced not on Entertai... Read More
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Macy’s warns about profit margins, sending shares lower

In Business, Emerging Technology, Finance, Government by Long Island Business NewsLeave a Comment

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Macy’s has warned investors that its profit margins would keep shrinking this year, sending shares in the chain tumbling more than 8 percent and affecting other department store stocks. Randal J. Konik, a stock analyst at Jefferies, said the struggling department store chain told analysts at an investor meeting Tuesday that its gross profit margin could be 0.6 percent to 0.8 percent lower than last year. Konik said in a note that Macy’s is expecting its gross profit margins in the second quarter to be down 1 percent from a year ago. The warning dragged down shares of other major retailers including J.C. Penney, Nordstrom and Kohl’s. It also underscored the challenges ahead for traditional chains, particularly c... Read More
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Trump’s blocking people on Twitter, and some think it’s a First Amendment issue

In Business, Education, Government, Legal by Venture BeatLeave a Comment

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Twitter users block others on the service all the time, in some cases because they are abusive and sometimes just because they’re irritating. But is it different if the user doing the blocking happens to be the president of the United States? The Knight First Amendment Institute says it is different, or at least that it should be. The Institute, a non-profit group associated with Columbia University, has sent a letter to the White House arguing that Trump is breaching the First Amendment rights of those he blocks. It might seem laughable at first — and... Read More