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Investor flips Trump childhood home for 50 percent profit

In Business, Government by Newsday Technology NewsLeave a Comment

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FILE – This Tuesday, Oct. 18, 2016 file photo, shows the exterior of a house in the Jamaica Estates neighborhood of the Queens borough of New York, where President Donald Trump spent his early childhood. The New York Post reports that a real estate investor who bought the house in New York City for $1.39 million in December, 2016 has flipped it for a 50 percent profit. (AP Photo/Mary Altaffer, File) (Credit: AP) (AP) — A real estate investor who bought President Donald Trump’s childhood home in New York City for $1.39 million in December has flipped it for a 50 percent profit. The New York Post reports (http://nyp.st/2mzQyYo ) that investor Michael Davis sold the five-bedroom Tudor for $2.14 …

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ProBeat: Dear Twitter, bring back TweetDeck for Android and iOS

In Business, Mobile Technology by Venture BeatLeave a Comment

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I have never been a fan of Twitter — I still honestly have a love-hate relationship with the service — but TweetDeck was the exception. Having the app on my phone was incredibly powerful. It’s probably the main reason that I grudgingly caved and joined the flock. The Twitter mobile apps have always been horribly unreliable, so the news this week that Twitter is looking at offering a paid version of TweetDeck has piqued my interest. To be clear, Twitter has not said that a premium TweetDeck is definitively coming. And yet TweetDeck would be the perfect comeback story for the company. Twitter acquired TweetDeck in May 2011. Then in March 2013, the company announced plans to shut down TweetDeck …

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US stocks move higher Friday as health care vote remains uncertain

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

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U.S. stocks are higher Friday as technology companies rise, but challenges to the Republican-backed American Health Care Act are again weighing on the market. For most of this week investors have been waiting for answers about the fate of the bill, which is scheduled to be voted on later Friday after it was delayed a day ago. Stocks are on track for their biggest weekly loss of 2017. KEEPING SCORE: The Standard & Poor’s 500 index picked up 6 points, or 0.2 percent, to 2,351 as of 1 p.m. Eastern time. The Dow Jones industrial average added 13 points, or 0.1 percent, to 20,669. It rose as much as 61 points earlier on. The Nasdaq composite jumped 32 points, or …

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Debrief: Circular thoughts with James Hayward

In Business, Education, Government, Legal, Science & Nature, Security by Innovate LILeave a Comment

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When last we Debriefed Applied DNA Sciences CEO James Hayward, the Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication company was forming a promising partnership with a national law-enforcement/security training organization and inching a toe into the Scandinavian auto theft prevention-and-recovery market. This week, as the biotech partners with textile manufacturer Loftex Home to launch the hot new CertainT platform, Hayward reports big gains in those maturing verticals and progress by Applied DNA’s all-star advisory board – two big parts of a master plan to reverse a string of subpar quarterly financials. The doctor’s orders: Major-league roster: We have brought on Bob Catell from KeySpan and National Grid, and Mehmood Khan from PepsiCo., and most recently Ray Kelly. Their experience really goes beyond …

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How ISPs can sell your Web history—and how to stop them

In Business, Education, Government, Healthcare, Legal, Security by Ars TechnicaLeave a Comment

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Enlarge Getty Images | KrulUA reader comments 11 Share this story The US Senate yesterday voted to eliminate privacy rules that would have forced ISPs to get your consent before selling Web browsing history and app usage history to advertisers. Within a week, the House of Representatives could follow suit, and the rules approved by the Federal Communications Commission last year would be eliminated by Congress. So what has changed for Internet users? In one sense, nothing changed this week, because the requirement to obtain customer consent before sharing or selling data is not scheduled to take effect until at least December 4, 2017. ISPs didn’t have to follow the rules yesterday or the day before, and they won’t ever have to follow them if …

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Insurance Companies Could Profit From Fewer Customers Under GOP Plan

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

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Enlarge this image The health insurance company Anthem has said the GOP bill would benefit both insurers and individuals. Aaron P. Bernstein/Getty Images hide caption toggle caption Aaron P. Bernstein/Getty Images The House Republicans’ embattled health care bill has plenty of detractors: Democrats, hospitals, the American Medical Association and the House Freedom Caucus all oppose it. But the insurance industry is not on that list, even though it stands to lose millions of customers. One reason is that insurers’ profits are expected to fatten under the bill. The GOP’s replacement plan would likely attract more consumers who are younger and healthier to the individual market than the Affordable Care Act did, according to the corporate credit rating firm Standard & …

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GSA Says Trump D.C. Hotel Lease Is Valid, Despite Ban On Elected Officials

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

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Enlarge this image The General Services Administration says President Trump is legally entitled to hold a lease for a hotel in a federal government-owned building, regardless of what critics say. Alex Brandon/AP hide caption toggle caption Alex Brandon/AP President Trump got good news on Thursday from the federal agency that oversees the three-year-old lease on his five-star hotel in Washington, D.C. The General Services Administration said in a letter that the Trump Organization is in “full compliance” with the lease on the luxury hotel that’s located just blocks from the White House. Many ethics and contract experts have called upon GSA to end the lease, noting that the contract language specifically says no “elected official of the Government of the …

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Banks lead stocks higher; health care debate continues

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

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U.S. stocks are mostly higher Thursday as bank stocks recover some ground thanks to an upturn in bond yields, which will make lending money more profitable. Google’s parent company, Alphabet, leads technology stocks lower as a number of companies say they will stop advertising on YouTube. KEEPING SCORE: The Standard & Poor’s 500 index rose 5 points, or 0.2 percent, to 2,354 as of 11 a.m. Eastern time. The Dow Jones industrial average added 41 points, or 0.2 percent, to 20,702. The Nasdaq composite rose 12 points, or 0.2 percent, to 5,833. The Russell 2000 index, which tracks smaller companies, gained 12 points, or 0.9 percent, to 1,357. Three-fourths of the stocks on the New York Stock Exchange were rising. …

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Spreadshirt Spotlight: Illustrative Art is Alive & Well

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

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The secret success from one of Spreadshirt’s designers, Mudge Studios BOSTON–(BUSINESS WIRE)–March 23, 2017– Spreadshirt, the e-commerce platform for spreading ideas on something tangible, proudly highlights designer Mudge Studios in their ongoing recognition series that showcases the best and brightest from their global creators. As a talented and successful designer with exceptional illustration skills, Mudge Studios will inspire other creative designers to share their ideas with a global audience via a Spreadshirt hosted shop or through Spreadshirt marketplaces. The artistic genius behind “Mudge Studios” is U.S. based illustrator, Allen Mudgett. Just like the other 70,000 plus creators on the Spreadshirt platform, he enjoys the ease of selling in both his own shop and in the marketplace channel. The publishing process is …

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It’s time to ditch your innovation lab

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

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A half decade into Corporate America’s love affair with innovation, it’s time to admit it’s not working. Innovation labs have become vehicles for marketing, not innovation. Dubbed “hipster money pits,” labs can torpedo morale (only the cool kids get to take part) and sap resources. No wonder Nordstrom downsized its innovation lab two years ago. Ad agency Ogilvy closed Ogilvy Labs last summer. Many others have abandoned theirs, too: Microsoft’s Silicon Valley Research Lab (shut down in 2014), Disney’s research lab (shut down in 2016), Turner’s Media Camp (shut down in 2014), Coca-Cola’s Founders Initiative (shut down in 2016), The New York Times’ R&D Ventures (shut down in 2013), and Adecco’s Ignite Lab (shut down in 2016). Why? Let’s start with the name. A lab is a …

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The Senate Prepares to Send Internet Privacy Down a Black Hole

In Business, Government, Legal, Security by Wired NewsLeave a Comment

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Today, while you’re not watching, the Senate could gut rules protecting your internet privacy. Last year the Federal Communications Commission passed a set of strict privacy regulations that ban broadband internet providers from selling your browsing data without your consent. Now, while most Americans are watching Neil Gorsuch’s Supreme Court nomination hearing and Obamacare repeal intrigue, senators could vote as early as today on a resolution to not only reverse the FCC’s action but block the agency from passing similar rules in the future. (The resolution would still need to pass the House and get President Trump’s signature to take effect.) Even if Republicans spike the Obama-era FCC’s protections, most of which have not taken effect yet, the agency will …

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Please fix what’s broken about health care, but don’t break what’s not: an open letter to my congressman

In Business, Government, Healthcare by Riverhead LocalLeave a Comment

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Dear Congressman Zeldin, When we spoke last week, you told me you weren’t ready to commit your support to the American Health Care Act because you wanted to see changes you believed were imminent. I reached out to your communications director this week, after the House leadership’s changes were released, to ask what you’d concluded. Jen told me you’d be reviewing the changes with your staff late yesterday and she’d get back to me last night or this morning. I haven’t heard from her yet — maybe you’re still not sure. I’m taking this unusual step to reach out to you as a constituent rather than as a reporter seeking an interview. There may be a host of issues about …

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HotelTonight raises $37 million to expand its same-week hotel booking platform

In Business by Venture BeatLeave a Comment

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(Reuters) — Last-minute U.S. hotel booking app HotelTonight said on Wednesday it raised $37 million in a funding round as it seeks to expand its international hotel network and invest in marketing campaigns. The Series E funding round, which was led by venture capital firm Accel Partners and valued the San Francisco-based company at roughly $500 million, brings it one step forward to an eventual initial public offering, though the company has yet to outline such plans. HotelTonight had $500 million in sales last year and is turning a profit. Users of HotelTonight can use the app to book hotels up to a week in advance, often at a discount. It has 25,000 hotel partners in more than 30 countries, …

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Sears has “substantial doubt” about its future

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

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Sears, once the monolith of American retail, says that there is “substantial doubt” that it will be able to keep its doors open. Company shares, which hit an all-time low last month, tumbled more than 12 percent Wednesday. Sears has been a member of the retail dead pool for years, but until this week the company had not openly acknowledged its tenuous existence, said Ken Perkins, who heads the research firm Retail Metrics LLC. Sears has long maintained that by balancing the sale of key assets while at the same time enticing customers with loyalty programs, it would eventually turn the corner. Yet industry analysts have placed the staggering sums of money that Sears is losing beside the limited number …

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Why More Farmers are Making The Switch To Grass-Fed Meat And Dairy

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

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Enlarge this image Cows graze at Dharma Lea Farm in Sharon Springs, N.Y. Advocates of grass-grazing cattle say it’s better for the environment and the animals. But there’s another upside: Grass-fed meat and dairy fetch a premium that can help small farms stay viable. Courtesy of Maple Hill Creamery hide caption toggle caption Courtesy of Maple Hill Creamery Though he didn’t come from a farming family, from a young age Tim Joseph was fascinated by the idea of living off the land. Reading magazines like The Stockman Grass Farmer and Graze, he “got hooked on the idea of grass-fed agriculture — that all energy and wealth comes from the sun,” he explains, “and the shorter the distance between the sun …

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“Alley Oop For Autism” To Raise Awareness & Funds At Jericho High School

In Business, Education, Gaming, Government, Legal by Long Island PressLeave a Comment

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Approximately 1,000 people from the greater Jericho/Syosset community will be attending and/or participating in the eleventh annual “Alley Oop For Autism” fundraiser at Jericho High School on Saturday, March 25th. This extraordinary charity event features a “3-on-3” basketball tournament centered on raising awareness and much-needed funds for a rotating array of various organizations offering specialized education for children with autism. This year, proceeds will benefit the Life’s WORC Family Center for Autism (FCA), a not-for-profit agency that provides programs and services to people with autism. The FCA is located in Garden City and offers services throughout Long Island. “Alley Oop For Autism” was created by Justin Resnick when he was a Jericho High School student. He played on the Jericho …

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Slight losses for US stocks in early trading Tuesday

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

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US stocks are posting modest declines in early trading Tuesday, but Apple led technology companies higher after announcing an update to its iPad. Health care companies rose, but packaged food companies and airlines skidded. KEEPING SCORE: The Standard & Poor’s 500 index fell 2 points, or 0.1 percent, to 2,370 as of 10:15 a.m. Eastern time. The Dow Jones industrial average fell 13 points, or 0.1 percent, to 20,892. The Nasdaq composite slipped 6 points, or 0.1 percent, to 5,895. The Russell 2000 index of small-company stocks lost 7 points, or 0.6 percent, to 1,376. More stocks fell than rose on the New York Stock Exchange. TECH CLIMBING: Several big technology stocks were rising. Apple added $1.08 to $142.54 after …

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Riverhead library trustees to hold hearing tonight on $3.75 million budget plan

In Business, Education, Legal by Riverhead LocalLeave a Comment

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Riverhead Free Library’s proposed $3.75 million operating budget for 2017-2018 will be the subject of a presentation and public hearing tonight at the library, beginning at 6 p.m. If adopted, the budget would require a $36,352 increase (1.03 percent) in the tax levy for the 2017-2018 fiscal year — which will be $3.57 million. The increase is within the tax levy cap imposed by state law. The tax levy cap is 1.26 percent for the coming fiscal year. The proposed budget calls for a spending increase of $83,316, or 2.3 percent over the current fiscal year, with $2.75 million funding personnel costs, up from $2.71 million last year. The budget relies on increases in non-property tax revenues to help fund …

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Only 802 people declared bitcoin earnings to IRS in 2015, fueling Coinbase legal spat

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

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The Internal Revenue Service (IRS) revealed new details about its investigation into tax evasion related to bitcoin, filing court documents that suggest only a tiny percentage of virtual currency owners are reporting profits or losses in their annual returns. The new documents, filed Thursday in San Francisco federal court, come in the midst of a closely-watched legal fight between the IRS and Coinbase, a popular service for buying and selling bitcoins that hosts over a million customer accounts. The dispute began last year when the IRS issued a sweeping summons for Coinbase to turn over a vast amount of customer data, including every customer account as well as detailed transaction records. Coinbase claimed the IRS demands are illegally broad and …

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Syria's war widows receive job training

In Business, Video by Al Jazeera EnglishLeave a Comment

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Syria’s war widows receive job training About 100 women in Idlib, many of them widows, are receiving job training from a non-profit group called the Massarat organisation. They receive a daily allowance of $5, but the goal over the course of four months is to give women lifelong self-sufficiency. Most have never worked outside their homes. Al Jazeera’s Natasha Ghoneim reports from Gaziantep on the Turkey-Syria border. – Subscribe to our channel: http://aje.io/AJSubscribe– Follow us on Twitter: https://twitter.com/AJEnglish– Find us on Facebook: https://www.facebook.com/aljazeera– Check our website: http://www.aljazeera.com/

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Don’t Blame the Batteries For Every Lithium-Ion Explosion

In Business, Government, Legal, Mobile Technology, Science & Nature by Wired NewsLeave a Comment

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Lithium-ion batteries have been making headlines for all the wrong reasons. The latest marquee moment involved a pair of exploding headphones on a plane. That incendiary incident came hot on the heels of Samsung’s Galaxy Note 7 (double) recall and major issues with “hoverboard” batteries. You can’t chalk it all up to incompetence, either. Even rocket scientists have trouble keeping lithium-ion batteries in check. By nature, lithium-ion batteries are dangerous. Inside, the main line of defense against short circuiting is a thin and porous slip of polypropylene that keeps the electrodes from touching. If that separator is breached, the electrodes come in contact, and things get very hot very quickly. The batteries are also filled with a flammable electrolyte, one …

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Legal battle over signs from shuttered Trump casino goes on

In Business, Gaming, Government, Legal by Newsday Technology NewsLeave a Comment

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(AP) — An Atlantic City firm says it planned to destroy two “TRUMP” signs once affixed to the now-shuttered Trump Taj Mahal Casino before an artifacts dealer got its hands on them to try to sell. The Courier-Post reports (http://on.cpsj.com/2n5WkQl ) the lawsuit Trump Taj Mahal Associates filed against Recycling of Urban Materials for Profit, or RUMP, was moved to federal court in Camden… Content Preview This content is exclusive for Optimum, Time Warner® and Comcast® customers with access to News 12. Already registered or an Optimum customer?Log in

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Suffolk launches foreclosure prevention hotline

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

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Suffolk County has launched a new foreclosure prevention hotline: 631-853-HOME. The hotline helps distressed homeowners find the resources and serves, free of charge, to help prevent foreclosure. County Executive Steve Bellone said the hotline would “provide the comprehensive assistance needed by individuals and families who are facing foreclosure.” In 2016, Suffolk saw 4,574 foreclosure filings, according to the Office of Court Administration. Suffolk and Nassau rank the highest in the state when it comes to the foreclosure filings. Bellone cited a 2014 U.S. Department of Housing and Urban Development study, which found that homeowners receiving counseling were nearly  “nearly three times more likely to receive a loan modification, and 70 percent less likely to re-default on a modified loan.” The county …

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JC Penney closing LI store

In Business, Emerging Technology, Science & Nature by Long Island Business NewsLeave a Comment

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The JC Penney department store in the Westfield Sunrise Mall in Massapequa will be closing as part of the flagging retailer’s most recent efforts to return to profitability. The Plano, Texas-based chain announced 138 store closings Friday in its “continuing effort to advance sustainable growth and long-term profitability,” according to a company statement. About 5,000 jobs will be shed by the store closures, which are mostly scheduled for June. Most of the affected stores will begin a liquidation process on April 17. The store closings are aimed to “help align the company’s brick-and-mortar presence” and redirect resources “to invest in locations and initiatives” that offer the greatest revenue potential. “In 2016, we achieved our $1 billion EBITDA target and delivered …

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US stocks hold steady Friday, on pace for another winning week

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

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U.S. stock indexes held steady on Friday, making only modest moves for the second straight day. Gains for dividend-paying stocks offset drops for banks and health care stocks. The Standard & Poor’s 500 index is on track to deliver its seventh week of gains in the last eight, following a big rally earlier in the week sparked by the Federal Reserve’s announcement on interest rates. KEEPING SCORE: The S&P 500 rose 2 points to 2,383, as of 2 p.m. Eastern time, after bouncing between small gains and losses through the day. The Dow Jones industrial average added 20 points, or 0.1 percent, to 20,955. The Nasdaq composite rose 7 points, or 0.1 percent, to 5,907. Slightly more stocks rose than …

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US stocks mixed Friday, still on pace for another winning week

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

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U.S. stocks were mixed in early trading Friday, and indexes made only small moves for the second straight day. Gains for dividend-paying stocks helped to balance out losses for banks and health care stocks. The Standard & Poor’s 500 index is still on track to deliver its seventh week of gains in the last eight, following a big rally earlier in the week sparked by the Federal Reserve’s announcement on interest rates. KEEPING SCORE: The S&P 500 was virtually flat at 2,381, as of 10:30 a.m. Eastern time. The Dow Jones industrial average rose 8 points, or less than 0.1 percent, to 20,942. The Nasdaq composite was close to flat at 5,890. Three stocks rose for every two that fell …

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The self-driving technology that will decide the race for autonomous cars

In Business, Emerging Technology, Government by The StackLeave a Comment

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Alex Lidow, CEO of Efficient Power Conversion (EPC), assesses where the driverless vehicle sector is headed and the technologies which will help it realise its potential… Autonomous vehicles have evolved much faster than any of us expected, fueled by the development of systems like LiDAR, but also deep learning tools that have digested the inputs from millions of miles of autonomous driving. Today we have ‘workable’ autonomous cars from the likes of Waymo (formerly Google), Uber, and others. The difference is in the experience derived from all the autonomously driven miles and the diligence of these companies in learning from every one of those miles. LiDAR adoption LiDAR (Light detection and ranging) is used in the autonomous vehicle industry to …

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PBS NewsHour full episode March 16, 2017

In Business, Government, Security, Video by PBS NewsHourLeave a Comment

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Thursday on the NewsHour, a look at President Trump’s budget slashing funding to the EPA and State Department, while increasing funding for defense and border security. Also: What’s next for the White House travel ban, previewing a meeting between Chancellor Angela Merkel and the president, when hiring people with disabilities can boost profit and a new book about stepping into a foreign world.

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Doctors say stem cell treatment at clinic blinded 3 women

In Business, Education, Emerging Technology, Government, Healthcare, Legal by ABC 7 NYLeave a Comment

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NEW YORK — Three women were left nearly or totally blind by a vision treatment at a stem cell clinic, in what doctors call a dramatic illustration of how risky such clinics can be. The clinic’s method hasn’t been proven effective or tested for safety in people, said ophthalmologist Dr. Thomas Albini of the University of Miami. He and colleagues, who examined the women after their treatments at a Florida clinic, described the outcome in Thursday’s New England Journal of Medicine. “These women had fairly functional vision prior to the procedure … and were blinded by the next day,” Albini said in an interview. One woman is totally blind and the others legally blind, and it’s very unlikely their vision …

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No charges to be filed against NYC mayor, prosecutors say

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

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State and federal investigations of Mayor Bill de Blasio’s fundraising will not result in criminal charges against him or others acting on his behalf, prosecutors said Thursday as they eliminated an election-year obstacle for the mayor. Manhattan District Attorney Cyrus Vance said the facts were insufficient to successfully argue a provable violation of state election laws, in part because the parties relied on the advice of attorneys. But he said the actions appear to be “contrary to the intent and spirit of the law.” Acting U.S. Attorney Joon H. Kim said a “thorough investigation” was conducted into complaints about circumstances in which de Blasio and others solicited donations from individuals who sought official favors from the city. The investigation looked …

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Tesla to raise $1.15 billion ahead of Model 3 production

In Business, Emerging Technology by Venture BeatLeave a Comment

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(Reuters) — Tesla Inc said on Wednesday it expects to raise about $1.15 billion from a stock and senior notes offering, an infusion of needed capital as the electric car maker enters pre-production of its upcoming Model 3 electric sedan. A capital raise by Tesla has been anticipated since late last year, gaining steam last month after Chief Executive Elon Musk said the company could be “close to the edge” on cash needs. Some Wall Street analysts had predicted that Tesla would seek to raise as much as $2.5 billion in capital. Tesla has repeatedly turned to Wall Street for fresh capital throughout its history. It has had negative cash flow since 2014 and has posted a quarterly profit only …

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Why some startups win

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

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I was having a second coffee with an ex student, now the head of a marketing inside a rapidly growing startup. His company had marched through customer discovery, learning about the customer problem, validated solutions and was now scaling sales and marketing. All good news. But he was getting uneasy that as his headcount was growing the productivity of his marketing department seemed to be rapidly declining. I wasn’t surprised. When organizations are small (startups, small teams in companies and government agencies) early employees share a mission (why they come to work, what they need to do while they are at work, and how they will know they have succeeded). But as these organizations grow large, what was once a shared mission and intent gets buried under HR process and …

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Average annual Wall Street bonus rises slightly to $138,210

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

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The average Wall Street banker bonus came to slightly more than $138,000 in 2016, according to data from the New York State Comptroller’s Office. The major banks set aside $23.9 billion for bonuses in 2016, or $138,210 per worker, up 2 percent from a year earlier. Bonuses remain well below than the levels they were in their heydays before the financial crisis, when the average bonus reached as high as $191,360 in 2006. While most Wall Street bankers make a salary, the vast majority of their compensation comes in the form of annual bonuses which reflect how the firm did that year, plus the worker’s contribution. Some bonuses can be as small as a few thousand dollars for low-level support …

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Mag Interactive hits revenues of $29.8 million in 2016 via casual puzzle mobile games

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

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Mag Interactive’s 2016 sales surpassed 28 million euros ($29.8 million), up 70 percent from a year earlier thanks to revenues from casual puzzle mobile games such as Ruzzle. All told, the Stockholm-based Mag has had more than 100 million downloads for games such as Ruzzle, Wordbrain, and Wordalot. Overall profit was €5.8 million ($6.1 million). “2016 was a truly great year for MAG, as we not only surpassed 100 million downloads across our portfolio, but the end financial result exceeded our expectations”, said CEO Daniel Hasselberg in a statement. “There’s no magic trick in achieving strong growth other than constantly improving and scaling up existing games as well as releasing new titles. The continued success of our first game Ruzzle shows that with a …

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Spreadshirt is Minting Millionaires in 2017

In Business, Start Up by Venture BeatLeave a Comment

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Face of a Partner That Powers the Platform BOSTON–(BUSINESS WIRE)–March 15, 2017– Spreadshirt, the print on-demand e-commerce platform for spreading ideas on something tangible, overhauled their commission structure mid last year to make the payout larger for Sellers. The changes take full effect in calendar year 2017 and have created record-breaking opportunities for top Sellers to earn over $1 million per year, selling their merchandise on over 200 products – from t-shirts to phone cases and everything in between. To date, Spreadshirt has paid out over $70 million in commissions making their model the most rewarding and lucrative structure in the global print on demand industry. Spreadshirt Sellers are able to earn over 60% of the product price, so their …

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Education Department may repay bad student loans

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

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Some students took out federal loans to go to for-profit schools run by the Wilfred American Education Corp., which was found guilty of fraud. Learn more about this story at www.newsy.com/67783/ Find more videos like this at www.newsy.com Follow Newsy on Facebook: www.facebook.com/newsyvideosFollow Newsy on Twitter: www.twitter.com/newsyvideos

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Misonix back in compliance, widens loss

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

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Ultrasonic medical device maker Misonix has filed outstanding quarterly reports to bring it back into compliance with regulators and widened its second quarter loss to $600,000 from $200,000 a year ago. The Farmingdale-based firm’s gross profit for the quarter increased to 69.8 percent from 67.6 percent a year ago as sales remained flat a $6 million. But general and administrative expenses increased 24.6 percent to $2.1 million, primarily driven by $700,000 professional fees related to a recently completed internal investigation. Misonix for the first quarter of the year widened its loss to $500,000 from $200,000 a year ago, even as sales rose 17.5 percent to $6.2 million. The firm’s first quarter gross profit grew to 69.0 percent of sales from …

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Confessions of a Watch Geek

In Business, Education, Emerging Technology, Finance, Government, Healthcare, Legal by New YorkerLeave a Comment

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In October, my feelings of dread spiked, so I decided to buy a Rolex.CreditIllustration by Nishant Choksi At the start of 2016, I had a bad feeling. Time was not working right. Some weeks were as snappy as days, others were as elastic as months, and the months felt as if they were either bleeding into one another three at a time—Jabruarch—or segmenting into Gregorian-calendar city-states. Feb. Rue. Airy. Something was wrong with the world. One day in February, I took a ride on the subway. This was a rare occurrence. Since turning forty, I’d started to suffer from a heightened sense of claustrophobia. A few years ago, I was stuck for an hour in an elevator with a man …

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Open letter to Jack Dorsey: Verify @alt U.S. government accounts

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

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Dear Mr. Jack Dorsey, Federal employees who created so-called alternative @alt government accounts in response to the Trump Administration’s media gag orders need your help. I’m speaking about the people behind such accounts as , , , and many others. As the new administration assaults the established science of climate change, questions the worth of labor statistics, and generally undoes decades of work by dedicated civil servants, these @alt accounts are proving to be a vital bulwark for inconvenient truths. I urge you to work with managers of these @alt accounts, validate their association with the agencies they work for, and grant them verified account status. “For alt gov accounts, a mechanism for verification would be of assistance in maintaining the integrity of the alt voice,” said …

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An Ambitious New Program Wants To Support the Democrats’ Surge

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

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Ravi Gupta should be traveling the world right now. Last year, he planned to take a break from his role as CEO of a chain of charter schools in Nashville and spend six months exploring India. But President Trump’s election derailed the former Obama campaign staffer’s plans. “It’s too important a time to not be working on this stuff,” says Gupta. By “this stuff,” Gupta means rebuilding the progressive movement and honing some of the same grassroots energy that propelled President Obama into office in 2009. Today, that energy abounds. It filled the streets of Washington, DC during the Women’s March a week after Inauguration Day. It clogged airports across the country, when protests formed overnight in response to President …

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The big business behind the NBA’s move into esports

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

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A major professional sports league will operate an esports league, a first for the esports industry, with the National Basketball Association and Take-Two Interactive Software’s early endeavor for gamers to compete while representing NBA teams. This partnership represents a watershed moment for the burgeoning esports industry with implications for both fans of long-established sports leagues and gamers around the world. Why now for the NBA Television viewership drives the majority of revenue for the major sports leagues, and esports attracts a lot of eyeballs.  More people watched the 2016 League of Legends Season 3 World Championship broadcast on Twitch than followed the dramatic 2017 Super Bowl via Fox Now (8.5 million and 1.72 million people respectively; Fox Now was free for …

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Opportunities for machine-learning startups: An investor perspective

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

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Machine learning is a trending topic today and for good reason. It has enormous potential to transform entire markets and industries. But there’s also a lot of hype surrounding the technology. As an investor, I look for three key characteristics that I believe distinguish winners who are successfully leveraging machine learning: 1. Specific use cases in large markets. Successful machine-learning startups will be the ones targeting vertical applications with a clear need for the technology. The consumer packaged goods industry is a good example. Machine learning can more accurately predict inventory levels to better manage the supply chain, reduce inventory costs, minimize excess capacity requirements, and eliminate stockouts. According to an Accenture study, machine learning can lead to a 4.25x …

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In A Crucial Election Year, Worries Grow In Germany About Fake News

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

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/ Go to Source Article Enlarge this image Anas Modamani, a refugee from Syria who posed for a selfie with German Chancellor Angela Merkel in 2015, sued Facebook after his photo was shared in posts falsely accusing him of being a criminal and terrorist. This week, he lost his case in court. Some lawmakers argue that cases like this prove there’s a need for new, tougher libel laws. Sean Gallup/Getty Images hide caption toggle caption Sean Gallup/Getty Images Breitbart News has yet to launch its proposed German-language website, but it’s already causing confusion in Germany. In January, police in the city of Dortmund had to debunk a Breitbart report about an alleged mob of 1,000 men chanting “Allahu akbar” and …

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Travis Kalanick Doesn’t Need a New COO. He Needs a New CEO

In Business, Education, Government, Healthcare, Legal, Security by Wired NewsLeave a Comment

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/ Go to Source Article Have you heard? Uber is hiring. CEO Travis Kalanick wants a chief operating officer. He apparently came to this decision in the midst of the company’s worst PR crisis yet. Accusations of a misogynistic company culture, a Google lawsuit, and allegations that it misled regulators with phantom rides leave the company in an almost permanent state of damage control. Hiring a COO almost certainly is Kalanick’s attempt to show that he, and his company, can grow up. But COO doesn’t stand for Chief Optics Officer. The title of chief operating officer suggests that anyone Silicon Valley’s quintessential tech bro hires would strive to improve Uber’s operations. Just look at what Sheryl Sandberg accomplished after stepping in at Facebook, led at the time …

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Shark Tank’s Robert Herjavec on kid entrepreneurs, helium-filled backpacks, and being an immigrant

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

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/ Go to Source Article While perhaps best known for his role as an investor on the hit show Shark Tank, Robert Herjavec doesn’t always, well, swim with sharks. VentureBeat caught up with him at the Google Garage in Silicon Valley where he mixed it up with a room full of school kids eagerly pitching him their inventions. Instead of seeking investment from sharks like Barbara Corcoran and Mark Cuban, the kids were participating in Frito-Lay’s Dreamvention contest. Born in Croatia, the 54-year old Herjavec immigrated to Canada with his parents at a young age. His taste for business came from delivering newspapers and went on to include selling IBM mainframes. In 1990, he founded his first company BRAK Systems and sold it 10 years later …

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The no-excuses culture

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

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/ Go to Source Article Getting ready for our next semester’s class, I asked my teaching assistant why I hadn’t seen the posters for our new class around campus. Hearing the litany of excuses that followed –“It was raining.” (The posters go inside the building.) “We still have time.” (We had agreed they were to go up a week ago) — I had a strong sense of déjà vu. When I took the job of VP of Marketing in a company emerging from bankruptcy, excuses seemed to be our main product. So we created The No Excuses Culture. No excuses as a core value In addition to customer discovery, creating end user demand, and product strategy, Marketing also serves as a service …

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Episode 596: Hacking The iPhone For Fun, Profit, And Maybe Espionage

In Business, Government, Legal, Mobile Technology, Security by National Public RadioLeave a Comment

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/ Go to Source Article Enlarge this image An iPhone. Sefa Karacan / Anadolu Agency/Getty Images hide caption toggle caption Sefa Karacan / Anadolu Agency/Getty Images This episode first ran in 2015 and contains explicit language. Every time there is a big new release of some software, an operating system or a new browser, hackers get to work. Each new release is the start of a race because there are all these giant players who desperately want to find the new flaw in the software. For the people who find these flaws, there’s money to be made. But it’s not just hackers looking for these glitches. Wikileaks released documents showing how the C.I.A. uses different software tools and techniques to …

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Ethics Watchdogs Want U.S. Attorney To Investigate Trump's Business Interests

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

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/ Go to Source Article Enlarge this image U.S. Attorney Preet Bharara, shown here at a December press conference, is being urged to look into whether President Trump’s businesses violate the Emoluments Clause of the U.S. Constitution. Mark Lennihan/AP hide caption toggle caption Mark Lennihan/AP With Congress showing no signs of taking action, a group of ethics watchdogs is turning to U.S. Attorney Preet Bharara to look into whether President Trump’s many business interests violate the so-called Emoluments Clause of the U.S. Constitution. “Published reports indicate that the Trump Organization and related Trump business entities have been receiving payments from foreign government sources which benefit President Trump through his ownership of the Trump organization and related business entities,” according to …

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US stocks mostly dip despite strong private hiring report

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

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/ Go to Source Article U.S. stocks are mostly lower Wednesday as investors bet on economic growth and sell high-dividend stocks like utility companies and real estate investment trusts. A survey of private business payrolls showed employers added the most jobs in three years in February, and banks are moving up as bond yields and interest rates rise. KEEPING SCORE: The Standard & Poor’s 500 index lost 1 point, or 0.1 percent, to 2,367 as of 11:53 a.m. Eastern time. The Dow Jones industrial average lost 27 points, or 0.1 percent, to 20,897. The Nasdaq composite jumped rose 8 points, or 0.1 percent, to 5,842 as health care and technology companies rose. The Russell 2000 index of smaller-company stocks fell …

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From Ferrari speedster to Opel's SUV: Geneva's hottest rides

In Business by Newsday Technology NewsLeave a Comment

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/ Go to Source Article The New Ferrari 812 superfast is presented during the press day at the 87th Geneva International Motor Show in Geneva, Switzerland, Tuesday, March 7, 2017. The Motor Show will open its gates to the public from March 9 to 19 March. (Cyril Zingaro/Keystone via AP) (Credit: AP) (AP) — A Ferrari with the speed, power and roar of a racecar. An urban sport-utility for regular folks that Opel hopes will help it return to profit. A rugged but upscale Mercedes-Benz pickup truck. They were among the most significant of the 900 vehicles scrutinized by journalists and analysts this week at the 87th Geneva International Motor Show. The show opens to the public on Thursday… Content …

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China’s ZTE pleads guilty in Iran sanctions case, settles with U.S. for $900 million

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

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/ Go to Source Article (Reuters) – Chinese telecom equipment maker ZTE Corp has agreed to plead guilty and pay nearly $900 million in a U.S. sanctions case, drawing a line under a damaging scandal that had threatened its cut off its supply chain. While the fine was larger than expected, ZTE, also a major smartphone maker, reported robust underlying earnings for 2016 and was upbeat in estimates for the first quarter. That and the resolution of the case helped its Hong Kong-listed shares surge 6 percent. A five-year investigation found ZTE conspired to evade U.S. embargoes by buying U.S. components, incorporating them into ZTE equipment and illegally shipping them to Iran. In addition, it was charged in connection with …

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Subscriptions surge for the ‘dishonest media’ after Trump’s attacks

In Business, Government by Venture BeatLeave a Comment

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/ Go to Source Article Repeated attacks by President Donald Trump and his administration on what they call the “dishonest media” appear to have had an unexpected—and very welcome—side effect for some media companies, which have seen record numbers of new subscribers and donations. One of the most widely reported examples of this “Trump bump” is the New York Times, which added more than 250,000 new digital subscribers in the final three months of 2016. That was its best quarterly performance since it launched its online paywall in 2011. But the Times is just one of the more high-profile media outlets that have seen a boost in sign-ups since the election. The Washington Post has also seen a wave of …

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Snap’s stock tumbles as short sellers bet on further declines

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

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/ Go to Source Article (Reuters) – Snap’s shares tumbled 12 percent on Tuesday and traders raced to position themselves to cash in on further declines after analysts gave the company a lukewarm reception following its red-hot market debut. Snap’s $3.4 billion public listing on Thursday was the hottest technology offering in three years, but its lofty valuation and slowing user growth have raised eyebrows on Wall Street and attracted traders who expect its shares to fall. Opening up the potential for more volatility, the company’s underwriters have exercised an over-allotment option to buy an additional 30 million shares, bringing the total IPO to 230 million shares, according to two capital markets sources familiar with the deal. That means Snap’s …

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Dakota Access Pipeline Court Challenge Denied, Oil Could Flow As Soon As Next Week

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

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/ Go to Source Article Enlarge this image A protest against the Dakota Access Pipeline on March 4 in New York City. Kena Betancur/AFP/Getty Images hide caption toggle caption Kena Betancur/AFP/Getty Images A federal judge has denied a request by the Standing Rock Sioux and Cheyenne River tribes to halt construction of the final piece of the Dakota Access Pipeline. In a decision on Tuesday, U.S. District Judge James Boasberg denied the tribe’s motion for a preliminary injunction against the pipeline company. The tribes are arguing that the completion of the pipeline construction just north of the Standing Rock Sioux Reservation endangers their drinking water source, part of the Missouri River called Lake Oahe, and that the pipeline has damaged …

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Stocks slide Tuesday as drugmakers fall on price worries

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

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/ Go to Source Article U.S. stock indexes are mostly lower Tuesday. Drugmakers are falling after President Donald Trump said he wants to bring drug prices down, while health insurers are edging higher after Republicans in Congress introduced a bill intended to replace the 2010 Affordable Care Act. Technology companies are making small gains. KEEPING SCORE: The Standard & Poor’s 500 index lost 5 points, or 0.2 percent, to 2,369 as of 11:55 a.m. Eastern time. The Dow Jones industrial average lost 25 points, or 0.1 percent, to 20,928. The Nasdaq composite sagged 6 points, or 0.1 percent, to 5,843. Two stocks fell for every one that rose on the New York Stock Exchange. Stocks have declined a bit after …

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How Angry Birds maker Rovio found its wings in 2016

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/ Go to Source Article Angry Birds maker Rovio grew its revenues 34 percent to €190 million ($203 million) in 2016, up 34 percent from $150 million a year earlier. You might have expected that, since the Finnish company’s The Angry Birds Movie generated nearly $350 million in revenue at the box office. But Rovio actually hasn’t received that money yet. The Helsinki company generated a profit of €17.5 million ($18.5 million) in 2016 based on its comeback in games, said Kati Levoranta, CEO of Rovio, at a press event last week at the Game Developers Conference in San Francisco. A year earlier, Rovio had lost money, mainly because it over-relied on Angry Birds and didn’t innovate enough with its line-up. But …

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Consumer Reports to consider cyber security in product reviews

In Business, Government, Security by Venture BeatLeave a Comment

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/ Go to Source Article (Reuters) – Consumer Reports, an influential U.S. non-profit group that conducts extensive reviews of cars, kitchen appliances and other goods, is gearing up to start considering cyber security and privacy safeguards when scoring products. The group, which issues scores that rank products it reviews, said on Monday it had collaborated with several outside organizations to develop methodologies for studying how easily a product can be hacked and how well customer data is secured. Consumer Reports will gradually implement the new methodologies, starting with test projects that evaluate small numbers of products, Maria Rerecich, the organization’s director of electronics testing, said in a phone interview. “This is a complicated area. There is going to be a …

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Mexican Cement Company Looks To Profit From Border Wall

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/ Go to Source Article Bidding will open this week for companies seeking to build President’ Trump’s southern wall between the U.S. and Mexico. Among the companies that could benefit from the construction is Mexico-based CEMEX, one of the world’s largest cement companies.

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Facebook’s Officially a Media Company. Time To Act Like One

In Business, Government, Legal by Wired NewsLeave a Comment

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/ Go to Source Article Facebook has long resisted categorization as a traditional media company. Instead, CEO Mark Zuckerberg has for years emphasized that the social network is merely a technology platform—even as its role as a source of news and information has ballooned to the point that nearly half of all American adults get their news on Facebook. But the old arguments no longer work. Especially now that Facebook appears to be making video content of its own. As reported by Digiday, Facebook is working on a so-called “spotlight module,” a soon-to-launch tab within Facebook’s mobile app, which would highlight shows and other longform video content made for the platform. Facebook users will be able to watch this content …

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US stocks slip further from record highs as banks decline

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

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/ Go to Source Article U.S. stocks are falling for the second time in three day as banks return some of their recent gains. They surged last week as interest rates quickly rose. Mining and basic materials companies are down after China cut its economic growth forecast. Meat producer Tyson Foods is falling after avian flu was discovered at a supplier’s farm. KEEPING SCORE: The Standard & Poor’s 500 index fell 13 points, or 0.6 percent, to 2,369 as of 11:45 a.m. Eastern time. The Dow Jones industrial average lost 83 points, or 0.4 percent, to 20,922. The Nasdaq composite lost 38 points, or 0.7 percent, to 5,832. The Russell 2000 index of smaller-company stocks sank 15 points, or 1.1 …

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Former tech firm CEO charged with fraud

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

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/ Go to Source Article A Nassau County grand jury has indicted Neil Chandran, the former head of Las Vegas-based virtual reality firm Sungame, also known as Freevi, on felony charges of grand larceny and forgery. Chandran was arrested at Los Angeles County Airport by U.S. Customs and Border Patrol agents after returning to the United States from Hong Kong, according to prosecutors. Chandran, 45, and Sungame were both arraigned in Nassau County Supreme Court before Judge Meryl Berkowitz. Chandran’s bail was set at $1 million bond or $500,000 cash. The New York State Attorney General’s office said, if convicted, he could face up to 15 years in prison. An indictment is not proof of wrongdoing. The charges focus on …

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How Space Ape Games more than tripled its mobile game revenue in two years

In Business by Venture BeatLeave a Comment

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/ Go to Source Article These aren’t easy times for all mobile game developers. But Space Ape Games is one of the exceptions that has begun to rise above the pack. From January 2015 to today, Space Ape Games grew from 10 million players to 35 million players, said John Earner, CEO of the London-based game studio, during Unity’s press event at the Game Developers Conference. During that time, revenues grew from $25 million to $92 million. And in the fourth quarter of 2016, the company had $5 million in profit, Earner said. A big part of the change was the launch of Space Ape’s first licensed title, Transformers: Earth Wars. But the company has also honed its skills in live …

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CCP pushes deeper into virtual reality with Sparc virtual sports game

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

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/ Go to Source Article Eve Online creator CCP Games is 20 years old this year, but Iceland’s biggest game company is still reinventing itself. This week, the company announced its 12th virtual reality title, Sparc. The game is a virtual sports title that is reminiscent of the disc-throwing scene in the film Tron. It’s just one more sign of how CCP is all-in when it comes to virtual reality. I talked about the game with Hilmar Veigar Pétursson, CEO of CCP Games, in an interview at the Game Developers Conference this week in San Francisco. Reykjavik, Iceland-based CCP has 359 employees, and its Atlanta, Ga.-based team made Sparc. Meanwhile, the Eve Online science fiction universe is going strong in its …

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Security News This Week: An IoT Teddy Bear Leaked Millions of Parent and Child Voice Recordings

In Business, Emerging Technology, Events, Government, Legal, Security by Wired NewsLeave a Comment

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/ Go to Source Article It was a week of could have beens and still coulds in security. We took a long look at a plan to stop rogue drones that might work great, if it’s ever legal. We looked at how Trump should spend that extra $54 billion on defense, if he insists. And we looked at Google’s end-to-end encryption hopes for Gmail, which appear to have faded over the last three years. Oh, also, some rogue stuffed bears made a great case against the Internet of Toys. Elsewhere, Amazon’s defending Alexa’s right to privacy in court, while the Army hopes to defend against China’s naval build-up by converting an existing weapons system into a ship-killing missile. Mass spying …

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Orchid Fever

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

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/ Go to Source Article John Laroche in the greenhouse. New orchids are created or discovered every day. To desire orchids is to have a desire that can never be fully requited.CreditPhotograph by Laura Wilson John Laroche is a tall guy, skinny as a stick, pale-eyed, slouch-shouldered, and sharply handsome, in spite of the fact that he is missing all his front teeth. He has the posture of al dente spaghetti and the nervous intensity of someone who plays a lot of video games. He is thirty-four years old, and works for the Seminole Tribe of Florida, setting up a plant nursery on the tribal reservation near Miami. The Seminole nicknames for Laroche are Crazy White Man and Troublemaker. My …

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Snap’s Evan Spiegel is now worth more than two Oprahs

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

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/ Go to Source Article Media tycoon Sumner Redstone turned his ownership of theaters into an empire that controls MTV, Nickelodeon, and the movie studio that put out last year’s Arrival, Fences, and Zoolander 2. And he’s worth nearly $2.5 billion less than Evan Spiegel, the 26-year-old who founded Snapchat six years ago, when Redstone was 87. On Thursday, investors bid up shares of Snapchat’s owner Snap Inc. from its IPO price of $17, to nearly $25. That gives Snap Inc a market value of $33 billion. All for a company that lost $515 million last year, leading some to suggest that Snap buyers should take the rose-colored filter off their investments. (Signs of a bubble? This Uber driver bought …

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A Dip In Global Prices Creates Cocoa Crisis For Ivory Coast's Farmers

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

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/ Go to Source Article Enlarge this image Farmer Georges Kouamé Koffi holding two cocoa pods. Chocolate is made from the almond-sized cocoa beans contained in the pods. Alex Duval Smith for NPR hide caption toggle caption Alex Duval Smith for NPR In all his 50 years, Georges Kouamé Koffi has eaten chocolate once. “Someone gave me a piece to try,” says the cocoa farmer. “It was lovely.” Chocolate bars are on sale at a store in his city of San Pedro, in southwestern Ivory Coast. “But they are too expensive for us,” he says. His family – he has a wife and three children – will eat only grated cassava tonight, as it has on most days since last …

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Bellone & Annibale: A new model emerges for Long Island’s homeownership

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

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/ Go to Source Article Long Island is home to some of the first planned suburbs in America. Now, nearly 90 years later – as new research released last month shows that children’s prospects of achieving the “American Dream” of earning more than their parents have fallen from 90 percent to 50 percent in the past half century – the private, public and community sectors are coming together to rethink how homeownership can work for a new generation of first-time homebuyers. In the 1950’s, developers such as Levitt & Sons offered the dream of a yard and a deed, forging Long Island into a haven for homeowners, many moving east from New York City. And for many it worked. More …

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LI office building sells for $28M

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/ Go to Source Article A 250,000-square-foot office building in Westbury has sold for about $28 million. The sale price for the property known as Parkway Plaza at 1400 Old Country Road reflects a huge drop in value from when it was last purchased nine years ago for $69.5 million. The deal closed Thursday. Constructed in 1989, the Westbury building sits on 7.68 acres at the corner of Carman Avenue and Old Country Road—overlooking the Wantagh State Parkway–and is currently about 68 percent occupied. Its largest tenant is Barnes & Noble, which occupies about 80,000 square feet on a lease with about six years remaining. The buyer, Valley East Properties, is a partnership between an Arizona-based investment firm and local …

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US stock indexes edge lower in morning trading

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

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/ Go to Source Article Real estate companies led U.S. stock indexes lower in morning trading Friday, extending the market’s losses from a day earlier. Energy stocks bucked the trend and rose as oil prices headed higher. Investors were looking ahead to a speech by Federal Reserve Chair Janet Yellen later in the day in hopes of gleaning whether the central bank will raise interest rates again later this month. KEEPING SCORE: The Dow Jones industrial average fell 30 points, or 0.2 percent, to 20,972 as of 11:18 a.m. Eastern Time. The Standard & Poor’s 500 index gave up 4 points, or 0.2 percent, to 2,377. The Nasdaq composite index slid 9 points, or 0.2 percent, to 5,851. LOOKING FOR …

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The Not-So-Celebratory Reaction to Snap’s I.P.O. in Its Home Town

In Business, Education, Government, Mobile Technology, Science & Nature, Security by New YorkerLeave a Comment

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/ Go to Source Article The area Snap chose as its headquarters is a particularly dug-in area that is intensely protective of its gritty, diverse identity. The members-only vibe has not done anything to endear it to locals. CreditPHOTOGRAPH BY PATRICK T. FALLON / BLOOMBERG / GETTY I have a funny memento of the Snap, Inc., C.E.O., Evan Spiegel: a six-inch-high bright-pink-tufted truffula tree—you know, the precious resource exploited to near-extinction by the Once-ler in Dr. Seuss’s environmental catastrophe parable “The Lorax”—which sits on the shelf in my son’s room. I bought it three years ago from an artisan on the Venice Beach boardwalk, while taking a walk with Spiegel. We met at his office, on Market Street. He wore …

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California’s Looking for New Tax Revenue? Weed ’em and Reap

In Business, Government, Healthcare, Legal, Start Up by Wired NewsLeave a Comment

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/ Go to Source Article The stoners have spoken: Recreational marijuana is now legal in eight states and Washington, DC. Thanks to the passage of Proposition 64, California is one of them, making it the country’s largest cannabis market—the state will start issuing sales licenses by January 1, 2018. Now, as long as the Trump administration doesn’t confiscate our stash, regulators, lawyers, and scientists have some big hazy questions to navigate, from how to keep digital tabs on up to 25,000 licensed growers to how to evaluate THC-­related DUIs. Here’s a road map California and future pot-friendly states will follow as they roll toward regulation. 1. Cultivation Backwoods farms go legit. An estimated 50,000 marijuana growers supply California’s black market. …

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Spotify hits 50 million paid subscribers

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

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/ Go to Source Article (Reuters) – Spotify said on Thursday it has reached 50 million paid subscribers, growing 25 percent in less than six months and extending the Swedish music streaming service’s lead over its closest rival, Apple Music. Spotify, which has not yet shown a profit as it spends to grow internationally, is considering a potential U.S. stock market listing, according to a February TechCrunch report. The Stockholm based company announced a major expansion in New York in February. Spotify, one of Europe’s most highly valued venture-backed startups, will move its New York office to the World Trade Center from the Midtown area of Manhattan, adding more than 1,000 new jobs. Launched in 2008, Spotify had 40 million …

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Entrepreneurs: Why you should ignore early-stage SaaS metrics

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

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/ Go to Source Article I had a really enjoyable interview with Harry Stebbings a few weeks ago for his SaaStr Podcast, and as part of the discussion he asked me a question: “What metrics do you look at as an early-stage SaaS investor?” To which I basically responded: “Metrics? Why the #$% are you asking about metrics at an early stage?” The question reminded me of a blog post I read recently, listing the KPIs that every SaaS startup should know. And I realized this is a question (or issue) many entrepreneurs have. But, as far as I’m concerned, it’s a huge misconception. Given that Harry and I had an engaging conversation around the topic, I thought my disdain …

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It's 'Drawing Day'for the TCS New York City Marathon

In Business, Events, Gaming, Government by ABC 7 NYLeave a Comment

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/ Go to Source Article NEW YORK — More than sixteen thousand runners will get the news they’ve been waiting for, today: They’ve been accepted into the 2017 TCS New York City Marathon through the New York Road Runners’ non-guaranteed entry drawing. Over 98,000 applications were submitted for the available slots, An increase of twenty percent from a year before. Approximately 50,000 runners are expected to finish the 2017 TCS New York City Marathon, the premier event of New York Road Runners, which takes place Sunday, November 5th, 2017. “Today is the beginning of a thrilling race journey to the 2017 TCS New York City Marathon for tens of thousands of runners from across New York City’s five boroughs, throughout …

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6audio system0.643
7emerald color0.99

Is Snap a smart investment amid profit concerns?

In Business, Finance, Mobile Technology, Video by CBS NewsLeave a Comment

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/ Go to Source Article Snap, Inc. has gone public in a highly-publicized tech IPO, but will it be a profitable investment? CNET’s Dan Ackerman, Bloomberg’s Dani Burger, and Yahoo Finance’s Myles Udland join CBSN to discuss the business model that continues to struggle with traditional advertising. Subscribe to the “CBSN” Channel HERE: http://bit.ly/1Re2MgSWatch “CBSN” live HERE: http://cbsn.ws/1PlLpZ7Follow “CBSN” on Instagram HERE: http://bit.ly/1PO0dkxLike “CBSN” on Facebook HERE: http://on.fb.me/1o3Deb4Follow “CBSN” on Twitter HERE: http://bit.ly/1V4qhIu Get the latest news and best in original reporting from CBS News delivered to your inbox. Subscribe to newsletters HERE: http://cbsn.ws/1RqHw7T Get your news on the go! Download CBS News mobile apps HERE: http://cbsn.ws/1Xb1WC8 Get new episodes of shows you love across devices the next day, stream …

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Blockchain Venture Capital Expert Joins Ciphrex

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

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/ Go to Source Article SAN DIEGO–(BUSINESS WIRE)–March 2, 2017– Ciphrex Corp., a leading software company in the emerging field of cryptocurrency and blockchain technology, announced that Alyse Killeen, an experienced venture capitalist and one of the earliest investors in the bitcoin ecosystem, has joined its Board of Advisors. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170302005171/en/ Ciphrex’s Venture Capital Advisor Alyse Killeen (Photo: Business Wire) Killeen, now Managing Partner at StillMark Co., an investment advisory and venture investment group, is an enthusiastic advocate of decentralized consensus network technologies that enable transactions in digital assets. She is a recognized and sought-after advisor to startups in the cryptotech space, including Netki and Factom. She is a board …

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Brexit write-down hits Deutsche Telekom's annual profit

In Business, Government by Newsday Technology NewsLeave a Comment

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/ Go to Source Article March 2, 2017 5:41 AMBy The Associated Press (AP) — Deutsche Telekom says a hefty write-down due to the impact of Britain’s vote to leave the European Union has weighed on its 2016 profits. The German telecoms giant says net profit declined 17.8 percent to 2.7 billion euros ($2.84 billion) last year, compared with 3.3 billion euros in 2015. Deutsche Telekom said Thursday that the drop was largely due to “an impairment loss recognized… Content Preview This content is exclusive for Optimum, Time Warner® and Comcast® customers with access to News 12. Already registered or an Optimum customer?Log in

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Navy veteran gets newly-refurbished home on Long Island

In Business by ABC 7 NYLeave a Comment

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/ Go to Source Article ROOSEVELT, Long Island (WABC) — A mother on Long Island is being recognized for her distinguished service in the Navy with an incredible new gift. Jessica Lopez served for decades, helping families recover their fallen loved ones. Now, she has received a newly-refurbished home. She was awarded a ceremonial key to Roosevelt, along with a four-bedroom, two bathroom house. The mother of five was displaced after Superstorm Sandy, and her family was barely getting by in their old home in Freeport. “I didn’t like it from the minute we moved in,” she said. “But we had no other option at that time.” Lopez sought help from a group called Women in the Military. “Because most …

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Facebook to Telcos: Forget Hardware Empires—Let’s All Share

In Business, Emerging Technology, Government by Wired NewsLeave a Comment

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/ Go to Source Article After two decades of Verizon, AT&T, and Sprint ads, you know how the big telcos deliver cellular service to your smartphone. Each builds its own nationwide wireless network, boasting that its particular web of data centers, fiber lines, and antennas is faster and more reliable (or at least cheaper) than the others. It’s a battle of the color-coded maps: Verizon’s blood-red cell towers challenging the blue of AT&T and the yellow of Sprint, telcos competing through vast empires of hardware. But this week’s Mobile World Congress in Barcelona saw the further rise of a movement that seeks to upend this business model, encouraging telcos to build common infrastructure they all can share. Why build three networks …

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Stocks edge lower on Wall Street

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

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/ Go to Source Article Phone companies are leading stocks slightly lower in midday trading on Wall Street. The moderate declines Tuesday came a day after the Dow Jones industrial average marked its 12th consecutive record closing high, its longest winning streak in 30 years. Online brokers fell sharply after Fidelity announced a cut in trading commissions. Other brokerages followed suit. TD Ameritrade dropped 10 percent and ETrade Financial dropped 8.4 percent. Fidelity is privately held. Target plunged 11 percent after its profit missed forecasts. The Dow fell 3 points to 20,834. The Standard & Poor’s 500 index fell 3 points, or 0.1 percent, to 2,366. The Nasdaq composite lost 18 points, or 0.3 percent, to 5,843. Bond prices rose. …

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Stocks open lower on Wall Street Tuesday

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

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/ Go to Source Article Banks and other financial companies are leading a modest decline in early trading on Wall Street. The Dow Jones industrial average is coming off its longest winning streak in 30 years. Online brokers are posting sharp declines Tuesday after Fidelity announced a cut in trading commissions. Other brokerages followed suit. ETrade Financial dropped 6.3 percent and Charles Schwab fell 3.3 percent. Target plunged 13.6 percent after its profit missed forecasts. The company also issued a weak outlook. The Dow fell 19 points, or 0.1 percent, to 20,816. The Dow reached its 12th consecutive record high close a day earlier. The Standard & Poor’s 500 index fell 4 points, or 0.2 percent, to 2,365. The Nasdaq …

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Big banks and tech giants are backing Bitcoin-rival Ethereum

In Business, Education, Events, Security by Venture BeatLeave a Comment

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/ Go to Source Article Thirty big banks, tech giants, and other organizations — including J.P. Morgan Chase, Microsoft, and Intel — are uniting to build business-ready versions of the software behind Ethereum, a decentralized computing network based on digital currency. The group, called the Enterprise Ethereum Alliance, is set to debut at a summit in Brooklyn, New York on Tuesday, during which members J.P. Morgan Chase and Banco Santander are scheduled to demonstrate a pilot of the financial technology as it exists today. The pair plan to show off a “spot trade” on the foreign exchange market for global currencies using an adaptation of Ethereum as the settlement layer. Ethereum uses a blockchain, often referred to as a distributed …

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Biz owners, educators to speak on opportunities for people with disabilities

In Business, Education, Emerging Technology, Events, Government, Science & Nature by Long Island Business NewsLeave a Comment

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/ Go to Source Article Business leaders, educators and parents are meeting in Port Washington on Tuesday, March 14, to discuss tapping the creativity and passion of people with disabilities so that they can live rich, rewarding lives in inclusive communities. The March 14 event will include a video and panel followed by a Q&A. The panel will include Abe King, founder and owner of Coffeed, a provider of bakery cafes in the metropolitan region. Coffeed offers a supportive workplace for adults with special needs. The organization works with Westbury-based Community Mainstreaming Associates, a non-profit whose mission includes assisting people with intellectual and developmental disabilities pursue and lead meaningful lives. The company hires and trains CMA clients to assist in the Port Washington location. Also …

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PHOTOS: In Sri Lanka's Tea Paradise, A Social Enterprise Is Brewing

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

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/ Go to Source Article Enlarge this image Amba Estate, a 26-acre tea plantation in Sri Lanka, shares 10 percent of its revenue with its workers. Victoria Milko for NPR hide caption toggle caption Victoria Milko for NPR In 1890, Sir Thomas Lipton arrived on the island of Ceylon, now Sri Lanka, to purchase a plot of land that would become the first tea estate in his global tea empire. These days, in the Ambadandegama Valley located just a few miles from Lipton’s original estate, another experiment in tea production is unfolding. Tucked into the side of a precipitous mountain, Amba Estate is a tea operation that shares 10 percent of its revenues with its workers. That’s a novel approach …

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This CEO's Small Insurance Firm Mostly Turned A Profit Under Obamacare. Here's How

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

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/ Go to Source Article Enlarge this image Dr. Mario Molina now runs Molina Healthcare, the small insurance company his father founded in 1994 in Southern California. Part of the firm’s success, he says, stems from understanding the priorities of patients. Courtesy of Molina Healthcare hide caption toggle caption Courtesy of Molina Healthcare Some large health insurance companies have suffered losses under the Affordable Care Act, leading to a few high-profile exits from the health exchanges. Humana is just the latest, announcing in January that it will stop offering health insurance on the Affordable Care Act exchanges at the end of 2017. But the administrators of a smaller, California-based insurer — Molina Healthcare — managed to turn a modest profit …

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The U.K. games industry storms this year’s GDC

In Business, Emerging Technology, Events, Gaming, Government, Mobile Technology, Science & Nature by Venture BeatLeave a Comment

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/ Go to Source Article Presented by the U.K.’s Department for International Trade The Game Developers Conference (GDC) is the world’s largest professional game industry event, attracting over 27,000 programmers, artists, producers, game designers, and others who represent the future of interactive game and virtual reality development and shape the course of the industry. The rapidly expanding U.K. games industry will have a formidable presence at the GDC (see below for a sample of companies in attendance). The U.K. boasts the third largest game industry in the world when it comes to developer success and sales, and is home to some of the world’s most successful video game franchises, including Tomb Raider, Grand Theft Auto, Fable, Colin McRae Dirt, and Total …

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US stock indexes edge lower in early trading; oil rises Monday

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

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/ Go to Source Article The major U.S. stock indexes edged lower in early trading Monday, pulled down primarily by a slide in phone companies. Supermarket operators and companies that sell consumer staples also fell. Utilities declined along with the price of natural gas. Oil companies led the gainers as the price of crude rose. KEEPING SCORE: The Dow Jones industrial average fell 5 points to 20,816 as of 10:11 a.m. Eastern Time. The Standard & Poor’s 500 index slid 1 point to 2,366. The Nasdaq composite index lost 2 points to 5,842. The Dow notched 11 straight gains heading into Monday’s trading. GROCERY SLIDE: Consumer staples sector stocks were among the biggest decliners in the S&P 500 as several …

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Exclusive: ICE put detained immigrants in solitary confinement for hunger striking

In Business, Education, Government, Healthcare, Legal, Science & Nature by The VergeLeave a Comment

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/ Go to Source Article Beginning last April, and picking up in the weeks following the November election, dozens of detainees at an Immigration and Customs Enforcement facility in rural Georgia went on hunger strike in protest of their detention. The private prison corporation that runs the facility, CoreCivic — formerly Corrections Corporation of America — responded swiftly to the expanding demonstration: as immigrant detainees refused to eat, CoreCivic staff began immediately locking them in solitary confinement for their participation in the non-violent protest. According to ICE detainment logs obtained by The Verge through a Freedom of Information Act request, more than two dozen detainees were put in solitary confinement for hunger striking — some simply for declaring they would …

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Companies head to court over casino's “Trump” signs

In Business, Gaming, Government by Newsday Technology NewsLeave a Comment

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/ Go to Source Article February 27, 2017 5:47 AMBy The Associated Press (AP) — A Philadelphia recycling company has sued an Atlantic City casino over ownership of the signs that once adorned the Trump Taj Mahal Casino. Recycling of Urban Materials for Profit claims two company representatives paid an Eastern Sign tech worker $250 for two “TRUMP” signs he was removing from the Taj Mahal for disposal on Feb. 16. RUMP’s sale of the signs on eBay was then stalled… Content Preview This content is exclusive for Optimum, Time Warner® and Comcast® customers with access to News 12. Already registered or an Optimum customer?Log in

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Phonemakers pile in to exploit Samsung weakness

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

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/ Go to Source Article Phonemakers are piling in to fill a gap in the market left by Samsung, still licking its wounds from a costly recall of its flagship Note 7 and with no key device of its own to launch at the telecom industry’s biggest annual fair. China’s Huawei, the most likely contender to fill the hole in the premium end of the market, took the wraps off a new phone in its quest to displace Samsung as the world’s no. 2 smartphone maker after Apple, during a rush of new product releases on Sunday ahead of this week’s World Mobile Congress. Chinese challengers Xiaomi, Vivo, Oppo and Gionee are in hot pursuit, while BlackBerry and Nokia announced …

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New Jersey Viewpoint

In Business, Education, Emerging Technology, Events, Finance, Government, Healthcare, Legal, Science & Nature, Security by ABC 7 NYLeave a Comment

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/ Go to Source Article NEW JERSEY — Want to know more about interesting programs in your community and your state? Every Sunday morning over 36,000 households tune in to “New York Viewpoint,” “New Jersey Viewpoint,” and “Long Island Viewpoint.” The programs highlight the community and cultural efforts that enrich the quality of life in our neighborhoods. These weekly round-table discussions are hosted by Eyewitness News anchor Ken Rosato. Viewpoint airs at 5:30am on Sunday morning. This week on New Jersey Viewpoint: February 26, 2017 Today we bring you Connections, a new program that provides one-on-one, long term mentoring to boys aged 15 to 25 helping them transition into independent living. We also have a Morristown resident who has authored …

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Ethics Watchdog Has Big Impact On Federal Workers, But Not On Trump

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

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/ Go to Source Article Enlarge this image Federal conflict-of-interest laws require officials like commerce secretary nominee Wilbur Ross (right) to divest holdings, but President Trump is not covered by those requirements. Don Emmert/AFP/Getty Images hide caption toggle caption Don Emmert/AFP/Getty Images On Monday, the Senate will vote on Wilbur Ross’ nomination as the U.S. commerce secretary. As required by the Ethics in Government Act, the billionaire businessman has reached an agreement with the Office of Government Ethics to sell off most of his holdings. That divestiture will once again underscore the impact of the tiny agency that actually has no power to enforce federal ethics laws. It simply provides guidance on how to comply with laws, and helps work …

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Trumpcare vs. Obamacare

In Business, Events, Government, Healthcare, Legal by New YorkerLeave a Comment

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/ Go to Source Article CreditIllustration by Tom Bachtell The pitchforks are changing hands. In 2009, it was Democratic members of Congress supporting health-care reform who were set upon by outraged constituents. When they passed the Affordable Care Act anyway, it cost their party control of Congress in the 2010 midterm elections. House Republicans subsequently voted more than fifty times to repeal or cripple the A.C.A. Nineteen Republican-led states spurned the offer of federal funds to expand Medicaid coverage. In January, Donald Trump’s first act as President was to order government agencies to avoid implementing, as much as is legally possible, what has become known as Obamacare. But Obamacare, it turns out, has done a lot of good. It guarantees …

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Buffett's firm says 4Q profit up 15 percent on investments

In Business by Newsday Technology NewsLeave a Comment

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/ Go to Source Article FILE – In this June 14, 2016 file photo, Berkshire Hathaway Chairman and CEO Warren Buffett addresses the White House Summit on the United State of Women in Washington. Buffett is planning to release his annual letter to Berkshire Hathaway shareholders on Saturday, Feb. 25, 2017. The letter is always one of the best-read business documents every year because of Buffett’s knack for explaining complex issues in simple terms and because of his remarkably successful investing record. (AP Photo/Cliff Owen) (Credit: AP) Updated February 25, 2017 3:37 PMBy The Associated Press   By JOSH FUNK (AP Business Writer) (AP) — Warren Buffett’s company says fourth-quarter profit improved 15 percent, but most of the gains came …

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US stocks dip as banks and energy companies fall

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

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/ Go to Source Article U.S. stocks are declining Friday morning as investors again look for safer places to put their money. Business technology company Hewlett Packard Enterprises is falling after it announced weak sales. Bond prices are dropping and yields are rising. That’s sending interest rates lower, which hurts banks. High-dividend stocks are rising. KEEPING SCORE: The Dow Jones industrial average lost 56 points, or 0.3 percent, to 20,754 as of 11:35 a.m. Eastern time. The Standard & Poor’s 500 index fell 6 points, or 0.3 percent, to 2,357. The Nasdaq composite sank 16 points, or 0.3 percent, to 5,819. The Russell 2000 index, which tracks smaller companies, slid 4 points, or 0.3 percent, to 1,390. The blue-chip Dow …

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J.C. Penney to close 13 to 14 percent of stores

In Business, Emerging Technology, Events, Government, Healthcare, Mobile Technology, Science & Nature by Long Island Business NewsLeave a Comment

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/ Go to Source Article J.C. Penney said Friday that it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping. The closures represent about 13 percent to 14 percent of the department store operator’s current store count, and less than 5 percent of total annual sales. The company said that it would also initiate a voluntary early retirement program for about 6,000 eligible employees. The news came as the Plano, Texas-based chain posted a profit in the fourth-quarter compared to a loss a year ago. But total sales were down slightly, and a key revenue metric declined …

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US stocks slide as industrial and technology companies fall Wednesday

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

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/ Go to Source Article Major U.S. indexes are down Thursday following modest losses the day before. Industrial companies, which have surged in recent months, are slipping. Technology companies are trading lower, which could end a 15-day winning streak for the sector. KEEPING SCORE: The Dow Jones industrial average slid 9 points to 20,766 as of 11:20 a.m. Eastern time. The blue-chip index has risen for nine consecutive days. The Standard & Poor’s 500 index was down 5 points, or 0.2 percent, to 2,357. The Nasdaq composite lost 45 points, or 0.8 percent, to 5,815. The Russell 2000 index of smaller-company stocks tumbled 17 points, or 1.2 percent, to 1,386. The S&P 500 and Nasdaq are on track for their …

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Amazon Alexa Hits 10,000 Skills. Here Comes the Hard Part

In Business, Events, Government by Wired NewsLeave a Comment

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/ Go to Source Article A year and a half ago, Amazon opened up its Alexa voice assistant to developers. With the Alexa Skills Kit, Alexa and its hardware hosts—the Echo, Dot, Tap, and now dozens more from third parties—became more than just speakers and digital weathermen. It became a platform, capable of supporting a full ecosystem of skills, which are essentially apps that you talk to instead of touch. Today, there are 10,000 skills available on Alexa. It’s an exponential increase since last summer, a rise that presents a host of new opportunities—and new challenges. While 10,000 may seem like an arbitrary milestone, it’s an instructive one, especially when you consider how fast it’s come. Last June, a full …

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Immigration protest underway at Elizabeth detention center Thursday

In Business, Government by ABC 7 NYLeave a Comment

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/ Go to Source Article ELIZABETH, New Jersey (WABC) — A protest against national immigration enforcement was underway Thursday morning in New Jersey. Hundreds of immigrants, elected officials, labor leaders and clergy members were expected at the Elizabeth Detention Center to protest President Trump’s immigration actions. The center, run by the Corrections Corporation of America (CCA), stands to profit from Trump’s deportation machine, housing hundreds of immigrants facing deportation, according to a statement from Make the Road New Jersey, which is leading the protest. Make the Road New Jersey is an immigrant rights organization based in Elizabeth. New immigration enforcement memos signed this week call for sending some immigrants who have crossed the U.S.-Mexico border illegally back into Mexico – …