Inter Milan prepare two-year deal for Man Utd veteran Youngby Freddie Taylor10 months agoSend to a friendShare the loveInter Milan are prepared to sign Manchester United veteran Ashley Young on a two-year deal.Young, 33, is out of contract with United at the end of the season and negotiations over an extension have stalled.The Englishman is holding out for a longer contract than the one-year deal put on the table by United.He could get that longer deal from Inter Milan, according to The Sun.Inter’s Serie A rivals Roma are also interested in the fullback, with Young free to negotiate with foreign clubs this month. TagsTransfersAbout the authorFreddie TaylorShare the loveHave your say
BARCELONA, Spain — The Latest on Spanish Cabinet meeting being held in Barcelona (all times local):10:30 a.m.Prime Minister Pedro Sanchez and Spanish Cabinet members have arrived in a central Barcelona palace for a weekly Cabinet meeting that has been moved to the Catalan capital despite separatists’ protests against it.Sanchez’s Socialist administration planned the meeting to convey an image of normalcy, but tension remains high in Catalonia despite progress in talks on Thursday with the pro-secession president of the northeastern region.Some scuffles have broken out on Friday in central Barcelona between pro-independence protesters trying to reach the venue of the Cabinet meeting and police trying to stop them.The regional Mossos d’Esquadra police force says that one protester has been arrested for public disorder near the headquarters of Spain’s National Police in a downtown avenue.The meeting normally takes place in Madrid, but Sanchez has vowed to take it to other Spanish cities as a gesture of commitment to decentralization.___7:40 a.m.Catalan authorities say protesters angry about Spain’s Cabinet holding a meeting in Barcelona have blocked a major highway and dozens of roads, disrupting traffic to and from the city.Pro-independence protesters called the protests to show their disgust at Spanish Prime Minister Pedro Sanchez’s decision to lead the weekly Cabinet meeting in Barcelona.Security in the prosperous northeastern region, normally in the hands of the Catalan police, has been reinforced with hundreds of anti-riot officers from Spain’s national police force.Sanchez has agreed with the pro-secession leader of the region, Quim Torra, to work on finding a solution to the political crisis that has festered since Catalonia’s failed secession attempt last year. Their meeting on Thursday was only the second since both took power earlier this year.The Associated Press
OSU junior H-back Curtis Samuel (4) celebrates as he scores a rushing touchdown in second overtime to win the game for the Buckeyes on Nov. 26 at Ohio Stadium. The Buckeyes won 30-27. Credit: Mason Swires | Assistant Photo EditorAlthough the Ohio State football team will not be breaking records in the NFL Draft like it did last season, there are still eight former Buckeyes who are vying for the chance to play at the highest level in 2017. After the 2017 NFL Combine, a few of those players might be hearing their names called a little earlier after solid workouts. However, it isn’t positive for all OSU’s hopefuls.Center/Guard Pat ElfleinPrediction: Pick 114 (Washington Redskins)Pat Elflein’s switch to center worked well for the Pickerington, Ohio, native. A starter for 40 consecutive games and the indisputable anchor of the Buckeyes on the offensive line last season, Elflein mentored now-redshirt senior Billy Price, who will be following in his teammate’s footsteps next season by sliding over from guard to center.At the combine, Elflein looked leaner, with a more slim yet powerful frame. Even with a body that appeared much more in shape, Elflein managed just 22 reps, a rather low number for an offensive lineman.Elflein was not pleased.“It’s OK for right now,” he told the media. “But I’m going to do more at pro day.”While his stock might drop slightly because of less-than-stellar testing, Elflein is a workhorse who can bring a lot to an NFL franchise. Although he is known to have short arms for an interior lineman and lack some fundamental strength, he can still be a late steal.Wide receiver Curtis SamuelPrediction: Pick 37 (Los Angeles Rams)Curtis Samuel did not have the best hands last season, and had a habit of dropping passes. Regardless, Samuel entered the combine as a wide receiver rather than a running back, and showed off his most valuable skill: his speed.Samuel put in a blazing 4.31 40-yard dash time, the second best mark behind only John Ross of Washington, who ran an absurd 4.22 dash time. It was the fastest time of any Buckeye at the combine ever.It remains to be seen where Samuel actually ends up playing in the NFL. His 18 reps on bench press are a relatively high number for a wide receiver and predict his ability to create separation, but would also show his ability to bounce off tackles in the NFL as a running back.Regardless, Samuel earned himself quite a pay-bump with his quick feet.Linebacker Raekwon McMillanPrediction: Pick 53 (Detroit Lions)A leader in the middle of the OSU defense for three years, Raekwon McMillan is another example of a quality linebacker from Columbus. With more than 100 tackles in his senior season alone, McMillan showed his ability to be a reliable and formidable force in the middle on run defense. As a player who is wise beyond his years, McMillan’s ability to drop back in coverage and chase down ball carriers are the biggest questions ahead of the 2017 NFL Draft. One thing that can’t be questioned is the leadership of McMillan.“Everything we did on defense (at OSU) came through me,” he said. “I can do the same thing for their program. I’m never gonna give you a reason to let me go from the team, and I’ll always be a leader … never a follower.”With 23 reps on bench press, and a solid 4.61 time in the 40-yard dash, it seems strange that fans and coaches still question the ability of the Georgia native. Still, the combine is not an actual game. McMillan will be able to play at the next level, but will still have to prove himself at OSU’s pro day. Any team that takes a chance on him will likely benefit from one of the most intelligent and mature players in the draft, but that team might have to wait a year or two before he develops into a well-rounded middle linebacker.But when he is fully developed, McMillan could be one of the league’s best.Cornerback Marshon LattimorePrediction: Pick 12 (Cleveland Browns)Marshon Lattimore went through lingering hamstring injuries throughout his college career before having a stellar year in 2016, picking up four interceptions and returning one for a touchdown. And yet, every team still seemed hung up on his hamstring. Lattimore said he was asked multiple times about his hamstring, often with the question being the first thing asked.After an x-ray signaled he was fine, Lattimore reported injured his hamstring again, but he said it was hip flexor.Before the apparent injury, Lattimore ran a 4.36 40-yard dash, which showed his hamstring was in order (later ruined by reports of another injury). Lattimore has speed, and has the ability to play zone and press coverage, but his health is a major question mark. Still, Lattimore is confident.“At Ohio State, they prepare you the best, I feel like,” Lattimore said. “We perform in college, and then we perform in the league.”A team is going to take a shot at him in the first round, but the question is, who will be willing to take on the risk of a cornerback who can’t stay on the field?Punter Cameron Johnston Prediction: Pick 247 (Green Bay Packers)It’s hard to judge punters in combine testing. Most of what is known about a special teamer is established well before the combine.In Cameron Johnston’s case, he was one of three punters to run the 40-yard dash, and posted the slowest time among specialists of 4.92 seconds. This isn’t exactly an important stat for punters, but it’s worth noting.Johnston is a rugby-style punter who can really boot the ball deep, and could add a nice twist to a team looking for a proven player at the position. He won’t be taken off the board until late, if at all due to the fact he plays a position that is extremely undervalued. Safety Malik HookerPrediction: Pick 7 (Los Angeles Chargers)“The Freak” proved all doubters wrong in 2016 after coming into Columbus as a somewhat forgotten about three-star recruit. He dominated college football as a ball-hawking safety who could hit as hard as a linebacker. A powerfully built frame, and hands like a wide receiver, Malik Hooker is easily one of the top-10 best players in the entire draft. Offseason surgeries have limited his ability to show off his talent at the combine, but his draft stock has not fallen far.A sports hernia surgery and a procedure to repair a labrum in his hip have slowed Hooker temporarily, but he told reporters at the combine that he played through the injury during the Fiesta Bowl.“That was never a thought,” Hooker said. “Just because I put too much work in with those guys. It would be like I’m letting them down.”Hooker will still remain a top-10 selection in the draft, even though he will have to wait until rookie camp to actually contribute and work towards playing. Cornerback Gareon ConleyPrediction: Pick 31 (Atlanta Falcons)Gareon Conley is the man people forget from the OSU secondary in this draft, which is disappointing considering he is a quality player and one of the top cornerbacks in a cornerback-heavy class. He solidified that with a solid 4.44 40-yard dash time.In skills drills, Conley was right up there with the cornerbacks who were considered leaps ahead of him, and had a good enough showing to make him seem like a potential pick in the first half of the first round.This likely won’t happen for Conley, as teams have bought into the hype of his former teammates Lattimore and Alabama standout Marlon Humphrey. But his testing at the combine, paired with a career of success with the Buckeyes, shows how much Conley can bring to any team that selects him.Conley is projected to drop out of the first round, but that isn’t stopping him.“I don’t worry about it, but I try to motivate myself to get there,” he said. “I definitely want to be a first-round pick. Nobody doesn’t want to be a first-round pick, so I’m going to work as hard as I can to be a first-round pick.”His solid testing and positive attitude just might have gotten him there.Wide receiver Noah BrownPrediction: Pick 83 (Tennessee Titans)Noah Brown’s decision to leave OSU early was a surprise to many. He hopped on the hype train of players leaving after one solid year of production.Only problem, Brown’s numbers were not solid.With the exception of his absurd four-touchdown night against Oklahoma early in the season, Brown did not show much of anything to demonstrate he is going to make a difference in the NFL. The big-bodied receiver has the size to produce, but has far too many question marks to give him a clear distinction as a top-ranked wide receiver.Brown had a solid 19 reps on the bench press, but did not run the 40-yard dash, electing to wait until OSU’s pro day on March 23 to show off his speed. This draft is deep enough at receiver that Brown needed to wow in order to draw more interest. His body and strength alone have given him some consideration for teams desperate for wide receiver, but Brown could not have done himself any favors in the combine.
Ohio State then-junior guard Kelsey Mitchell drives to the basket and atttempts a layup against Purdue in the Big Ten tournament semifinal in Indianapolis on March 4. Credit: Ashley Nelson | Station ManagerThis season almost feels like destiny for Ohio State’s women’s basketball team. With senior guard Kelsey Mitchell, a two-time first-team All-American and two-time Big Ten Player of the Year, returning for her final season and a strong, veteran-laden supporting cast surrounding her, Ohio State seems poised to make a deep run in the 2018 NCAA tournament. Head coach Kevin McGuff’s first full recruiting class in Columbus is in its fourth year in the program. Columbus will be at the forefront of collegiate women’s basketball because it will host the Final Four. Ohio State also kicks the season off with a Countdown to Columbus event featuring some of the nation’s top teams, including Connecticut, Stanford and Louisville.Despite the talented senior class and top-two Big Ten finishes the past two seasons, the Buckeyes have fallen short of their goals as they have lost in the Sweet 16 in 2016 and 2017. “You get tired of the same thing happening,” Mitchell said. “I think we reached a point in our lives off the court and on the court where we’ve got to make a statement, we’ve got to do what’s needed to be done.”The seniors understand this is their last chance to break through, and McGuff said it is easier to coach a team with the sense of urgency the Buckeyes have this season.But when taking a step back and looking past this upcoming season, which holds great promise, one thing becomes clear — the future of Ohio State seems bleak, especially when compared to the talent on this year’s team.Ohio State’s roster consists of just nine players on scholarship. It returns seven players who have played significant minutes in prior seasons. Five of those players are either seniors or redshirt seniors. Only one player — sophomore guard Jensen Caretti — has more than two seasons of eligibility remaining. The Buckeyes did not add a single freshman or transfer this season. They only have one high-school prospect committed.The two most promising freshmen last year, forward Tori McCoy and guard Kiara Lewis, transferred to Marquette and Syracuse, respectively. McCoy averaged 8.1 points per game in 35 appearances and 10 starts, while Lewis averaged 6.7 points per game in 35 games and 15 starts. Tim McCoy, Tori’s father, told the News-Gazette Tori left Ohio State because she was unhappy and said his daughter “was miserable every day.”When asked what she want to achieve in her final season, Mitchell said it was simple — she just wants to be able to “play happy,” seeming to confirm the dissatisfaction of last year.“We’ve always been a team where if something goes wrong, our season just is in shatters,” Mitchell said. “That’s how it feels. I just want everybody to play, just play as free as possible. And I think that would take care of a lot of things, myself included.”Until three-star post Aaliyah Patty committed to Ohio State Oct. 12, the Buckeyes had not landed a commitment in 23 months. Including Patty, the Buckeyes will have three seniors, one junior and one freshman next season. McGuff expressed displeasure at the difficulty of landing recruits, despite having four open scholarships on the current roster and just four scholarship players returning for the 2018-19 season. “In theory, it should be easier, but people want to play,” McGuff said. “But then all of a sudden you get, ‘Who am I going to play with?’ You get all these questions, it’s different. Everybody wants to play on a great team, but play right away. It’s like, eh, those things don’t always go hand in hand. If there’s opportunity, then you can play right away and then maybe that, the group you come in with evolves into a great time, sort of like the people we have now that are seniors.”McGuff was hired in 2013 to replace Jim Foster, whose teams did not reach the Elite 8 in his 11 seasons at Ohio State, despite the Buckeyes making the NCAA tournament in his first 10 seasons at the helm.But McGuff’s teams have had similar issues. The Buckeyes missed the tournament his first year, made the second round in 2015 and reached the Sweet Sixteen the past two seasons. The Buckeyes have shown no challenges reaching the tournament, but the inability to advance further in the postseason has plagued the team through the past two coaching tenures.With the loss of five seniors after this season, minimal talent returning next year and a talented, yet small group of upperclassmen in their final season, the time to strike is now.Ohio State has not made it to the Final Four since 1993, and if the Buckeyes do not make it this season, it could be a long time until they reach this level again.“Three years, we’ve fell short and we can’t keep having that being an excuse,” Mitchell said. “We’re either gonna get it or we’re not, and I think we have a team right now where as long as we keep going, we can make something happen.”
With only 20 years of age, the England under-21 forward will remain at Everton, coach Marco Silva said on MondayAfter spending the first semester of 2018 in the German Bundesliga, playing with RB Leipzig in eleven matches and scoring five times, Ademola Lookman seems to be “locked” in Everton.The Toffees’ boss told The Guardian today about the future of many players, and he said “he is our player and he stays,” about Lookman.The attacker has played with the English National Team in the U19, U20 and U21 divisions, scoring four goals.Premier League Betting: Match-day 5 Stuart Heath – September 14, 2019 Going into the Premier League’s match-day five with a gap already beginning to form at the top of the league. We will take a…Meanwhile, he has defended the jerseys of Charlton Athletic and Everton in England, while he just played in Germany with Leipzig before the summer.But Marco Silva has said he will not sell or re-loan Lookman this season, even after the German side is asking for his return.“It is not easy for us as a club to sign some players because in normal situations they ask a lot of money and also we have to make the right decisions,” he said about the team looking for additions only.
The Gunners had a 22-game unbeaten run, but they have lost three of the last six English Premier League matches.Arsenal is currently sitting in the fifth position of the English Premier League table.The Gunners have 12 wins, 5 draws and 5 loses.And after a 22-game unbeaten run between August and December, Arsenal has lost three of its last six EPL games.But coach Unai Emery believes he still has time to turn things around.“The idea is to get Arsenal back to where the club deserves to be, but it needs time,” Emery was quoted by France 24.Premier League Betting: Match-day 5 Stuart Heath – September 14, 2019 Going into the Premier League’s match-day five with a gap already beginning to form at the top of the league. We will take a…“At Arsenal, it’s maybe the first time I feel that I have the support to build up from the bottom in order to get where we want to be.”“It allows us to work more for the long-term ?- or at least, ‘long-term’ in football terms. It supports the kind of work we want to do at this club,” he added.“At certain times, you have to provoke friction with footballers.”“From that friction, you can get something more out of them, something from inside, a greater sense of ambition or maybe even a complaint ?- a complaint regarding the team can be positive,” he commented.“As a manager, you have to be careful because that friction can break a relationship. But I believe in always looking for more, both individually and collectively.”
Longtime Women’s Health publisher Laura Frerer-Schmidt, who appeared to be one of the victims of Hearst’s acquisition of Rodale, will now join Meredith as group publisher of InStyle and Shape. Ann Gobel, who was VP of Time Inc.’s lifestyle group, will now report to Frerer-Schmidt as publisher of Shape. Kevin Martinez, who had been VP and group sales director of InStyle, will evidently not remain with the company going forward.Giulio Capua, who most recently served as chief business officer at Condé Nast and publisher of Architectural Digest until last October, will join Meredith to oversee the luxury titles Food & Wine and Travel + Leisure. Reporting to Capua will be Food & Wine publisher Todd Bair, who once served as VP of Golf Digest, and Travel + Leisure publisher Jay Meyer, who had previously been SVP of Time Inc.’s travel group.The Magnolia Journal‘s publisher, Mark Josephson, is set to see a major promotion after that title’s successful launch in 2016; he’ll be given additional oversight of Midwest Living (with Melissa Luebbe as publisher), as well as Parents, Parents Latina, Ser Padres, and Family Fun (with Steve Grune as group publisher), and Traditional Home (with Beth McDonough as publisher).Stephen Bohlinger, VP and group publisher of Better Homes & Gardens and Family Circle, will add the Time Inc. titles Southern Living and Coastal Living to his portfolio. He’ll also continue to serve as publisher of Better Homes & Gardens, while Lee Slattery will stay on as Family Circle publisher. Deirdre Finnegan will shift over from Better Homes & Gardens to serve as publisher of Southern Living and Coastal Living.Martha Stewart Living group publisher Daren Mazzucca will add Real Simple to his portfolio. Chris Guilfoyle will serve as publisher of Martha Stewart Living and Martha Stewart Weddings, reporting to Mazzucca.Carey Witmer heads up the sixth group of titles as group publisher of Cooking Light, Eating Well, Health, Allrecipes, and Rachael Ray Every Day, the latter of which she will also continue to lead as publisher. Denis Gallagher, formerly VP of global agency development for Time Inc., will shift to publisher of Cooking Light. Tiffany Ehasz will continue as publisher of Eating Well. Brendan Smyth, who had previously been with Time Inc. as associate publisher of Sunset and Coastal Living before joining Meredith in 2016, has been tapped as the next publisher of Health, which had previously been overseen by Ann Gobel as part of the lifestyle group.The company says a new publisher of Allrecipes will be named shortly.Meredith Corp.’s Des Moines, Iowa headquarters.“To fully capitalize upon our portfolio of brands and capabilities, we are aligning our sales and marketing activities within an account-driven and solution-oriented go-to-market approach that continues to place our iconic and trusted brands front and center,” said Werther in a prepared statement.Additionally, Bruce Gersh, who was promoted last week from GM to EVP and president of People, Entertainment Weekly, and People en Español, will oversee a subgroup of publishers: Cece Ryan, former Real Simple publisher, will now head up People; Ellie Duque will stay on as Entertainment Weekly publisher; and Monique Manso will continue to lead People en Español.Mike Schneider has been promoted to serve as group publisher of Fortune and Money until those titles are sold. Similarly, Danny Lee, who had been VP of brand sports sales for Sports Illustrated and SI Kids, will take over as publisher of Sports Illustrated, and Jorg Stratman has been promoted from VP and group sales director to publisher of Time.The announcement makes no mention of Karen Kovacs, or Lauren Newman, who had both been heading up industry-based sales teams since the 2016 restructuring at Time Inc. Others, like Greg Schumann, Brendan Ripp, Charlie Kammerer, Ron King, and Rick Simmons, departed the company at various points over the past two years.EVP and chief revenue officer Michael Brownstein will be responsible for cross-brand partnerships, while SVP Marla Newman will continue to lead the digital sales team, reporting to Stan Pavlovsky, president of Meredith Digital.Finally, Meredith has opted to make Time Inc.’s branded content studio, The Foundry, its central creative lab, with Chris Hercik promoted to chief creative officer. Meredith’s former branded content arm, Studio M, will be absorbed into The Foundry. As the dust settles following Meredith Corp.’s blockbuster acquisition of Time Inc. in January, the look of the newly merged company continues to come into focus.Days after announcing an aggressive integration plan for the acquisition—which will include selling at least four titles and slashing hundreds of jobs over the coming year—Meredith revealed Monday a restructuring of its sales and marketing teams, organizing the former Time Inc. titles into a series of portfolios containing existing Meredith brands, each led by an individual group publisher.The changes essentially undo the 2016 overhaul of Time Inc.’s sales structure, which eliminated publishers and placed more emphasis on category- or industry-based sales teams rather than those in charge of individual titles.Meredith veteran Doug Olson, who was promoted to president and GM of the company’s magazine business in 2016, will assume business-side leadership of Meredith’s newly expanded portfolio, with six group group publishers reporting to him. Olson, in turn, will continue to report to National Media Group president Jon Werther.
Tags TVs The best TVs of CES 2019 Share your voice Now playing: Watch this: Over-the-air wireless charging will come to the smartphone Samsung’s CES 2019 robots just want to give you a helping hand The weirdest, wackiest products from the show See all our CES coverage See also CES 2019: See all of CNET’s coverage of the year’s biggest tech show.CES schedule: It’s six days of jam-packed events. Here’s what to expect. Watch LG’s rollable OLED TV in action at CES 2019 CES Products LG 37 40 Photos LG rollable OLED TV: Now you see it, now you don’t 61 Photos 2:04 I spent some hands-on time with the final design in LG’s suite at CES 2019, and came away impressed. It feels like a finished product, something a wealthy buyer with a huge swath of windows and a million-dollar view would snap up in a heartbeat.Rolled up, the screen completely disappears. Sarah Tew/CNET Turned off, the “TV” is just a piece of furniture reminiscent of a minimalist, modern sideboard or credenza: a low-slung stand supporting a sleek silver box. Cloth conceals a Dolby Atmos sound system and a full-width sliding door on the top back conceals the screen itself. Comments Unrolled in TV form, the television screen looks stiff and solid. The OLED screen material itself is affixed to numerous thin horizontal bars that support its structure, raised and lowered by a pair of riser arms on the back side. It’s wild. And the sample showed no wrinkles or signs of stress from rolling up that I could discern.The back consists of a bunch of horizontal slats, raised and lowered by a pair of arm to either side. Sarah Tew/CNET LG says the TV has been tested to 50,000 rolls up or down. So if you turned it on or off eight times a day it would last 17 years. I asked whether LG would offer additional warranty coverage on the rolly-uppy bits and company reps said that hadn’t been determined.I also asked whether the TV could be oriented upside-down, so it rolled down from a box on the ceiling. Tim Alessi, LG’s Director of New Product Development, replied: “The first model of rollable OLED was designed to roll up only. Even if a professional were to figure out a way to hang it from the ceiling, there is no mechanism to re-orient the picture, so it would appear upside down. It’s also likely that mounting it from an 8-foot ceiling would result in the panel being too high for comfortable viewing anyway.”Aside from its sleeker silver remote and incredible design, this 65-inch set is just like LG’s other 2019 4K OLED TV. In our tests, organic light-emitting diode-based televisions produce the best picture quality available today, and the company promises improved processing, HDMI 2.1 and some other tweaks this year.Now the only question is: Which will be more expensive, the roll-up OLED or the 88-inch 8K resolution OLED? We’ll see.Correction: LG originally said the TV would be able to descent partway to show 21:9 ultra-widescreen movies without letterbox bars. That feature is not confirmed, although LG might add it by launch time or after with a software update.Updated January 15 with “roll-down” mode quote from Tim Alessi. CES 2019 Unrolled in TV form it looks perfectly normal. Sarah Tew/CNET When I saw the prototype version of LG’s roll-up TV last year at CES 2018, I was blown away. The engineers at LG Display had figured out a way for the flexible OLED screen material to roll into a compact tube, just like a window shade or a poster, to disappear from view inside an ugly white box.Now LG says it will actually sell a real version sometime in the second half of 2019. Provisionally dubbed the Signature Series OLED TV R and available only in a 65-inch size, it looks a lot nicer than the prototype. Pricing hasn’t been set, but you can expect it to be really, really expensive. Power the TV on and the door slides back and the screen slowly majestically rises out of the box, unrolling and achieving its full height in a few seconds. And suddenly, there’s a big TV.Press the button again to power it off and the TV screen goes black and descends back into its box, the door slides shut and it’s furniture again. It’s like no TV you’ve ever seen.The screen can peek up just a little to display photos, a clock and more. Sarah Tew/CNET It’s also more versatile. A button on the remote lets you put the TV into “line view,” where it rolls back up and descends into the box until maybe a quarter of the screen is visible. LG has designed a special home page for this short, wide screen shape, and it can display a clock with weather, personal photos or moving ambient designs. And the screen can disappear completely while music plays — the set’s sound system can interface with your phone via Bluetooth.
Mobile Mobile Apps 4:36 Best Buy Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? Apple’s FaceTime bug comes at an awkward time (The 3:59,… Mentioned Above Apple iPhone XS (64GB, space gray) CNET may get a commission from retail offers. iOS 12 Facebook Google Microsoft Skype Apple WhatsApp See It $999 Apple 2 An embarrassing bug that compromised the privacy of FaceTime calls on iOS and Mac has surprised many Apple users. The problem occurred when you tried to place a call, but before the call connected, you could hear the audio of the person on the other end. Apple took over a week to respond to the flaw, which has prompted an investigation from the New York attorney general’s office. If you’re in need of a video call app replacement for FaceTime or simply want to try another option, these are the apps to start with. $999 See All Boost Mobile Skype With Skype (download for iOS or Android), placing an HD video call is free and easy. The app supports up to 24 people on a call. It’s perfect for school projects, chats with big families or work conferences. Simply create an account and add your friends to your contacts list. Most recently, Skype added the ability on mobile and desktop to record, save and share your video calls. Last year, Microsoft upgraded the app to include captions and subtitles. Screenshot by Shelby Brown/CNET Facebook Messenger Facebook’s Messenger app (download for iOS or Android) is a video call platform widely used because of its association to the social media network. Even though it split from Facebook in 2014, Messenger has more than 1 billion users. You can make a video call from almost anywhere and it’s free over Wi-Fi. Messenger has fun Snapchat-style filters, supports group chats and has easy-to-navigate controls. It’s quick to navigate from the standalone app or through your Facebook dashboard. Screenshot by Shelby Brown/CNET WhatsApp WhatsApp (download for iOS or Android) landed the No. 1 spot as the world’s most downloaded app in 2018. It’s a popular alternative to Skype or Messenger and its presence has grown globally. To crack down on the spread of false information, the app only lets you chat with 10 people and forward a message to five people at a time. WhatsApp is also working on a fingerprint lock and recently launched picture-in-picture video playback. Screenshot by Shelby Brown/CNET Google Duo After axing Google Hangouts, the tech giant has revamped Google Duo (download for iOS or Android) for video calls. Google updated its two-way video chat app with more streamlined tools for easier video and audio recording for when the recipient is offline. Of course, the app has live video and audio chats too. Google Duo probably isn’t the best app for group video chats. The app could add conference calling capabilities soon, however. Users may still want to operate with Skype for now. Screenshot by Shelby Brown/CNET Viber Viber (download for iOS or Android) lets you message, video chat and exchange files for free on an encrypted platform. You can also make audio calls to landlines for a small fee. While you’re messaging, you can send gifs, stickers, emojis and join or create chat rooms centered around your favorite bands or businesses. When you’re on a call or chat, you can play games in Viber with your contacts. Screenshot by Shelby Brown/CNET IMO With the IMO app (download for iOS or Android) you can make free video calls or chat with family and friends for free. The app has a more simple interface. IMO supports group calls and fast photo and video sharing with hundreds of stickers to spice up the message. WhatsApp might’ve robbed IMO of most of its popularity, but some users still rely on the app for quality calls. Screenshot by Shelby Brown/CNET Read more Apple turns off Group FaceTime after discovery of eavesdropping bug Apple’s FaceTime bug was discovered by a teen playing Fortnite How to disable FaceTime (so no one can eavesdrop on your iPhone or Mac) Apple’s FaceTime bug comes at an awkward time Apple turns off Group FaceTime after discovery of eavesdropping bug Apple FaceTime bug prompts investigation from NY attorney generalFacebook’s Messenger Kids: Child advocates call for shutdown of appApple gets egg all over its FaceTime (ZDNet) Aug 31 • Best places to sell your used electronics in 2019 Comments See It $999 Share your voice Apple iPhone XS Sprint Aug 31 • Your phone screen is gross. Here’s how to clean it Sep 1 • iPhone 11, Apple Watch 5 and more: The final rumors See It • Preview • iPhone XS is the new $1,000 iPhone X reading • Best FaceTime alternatives for video calls Tags Now playing: Watch this: $999 See it Review • iPhone XS review, updated: A few luxury upgrades over the XR
Share Alex Read. CC license.textbookThe often-combative Texas Board of Education would expand its ability to reject textbooks it doesn’t like, rolling back limits that have been in place for more than two decades, under a proposal on the verge of clearing the state Legislature.Some fear the bill’s benign language would, intentionally or not, return broad influence to a veteran bloc of social conservatives on the 15-member, elected board. That same group previously has attempted to deemphasize lessons on evolution and climate change, and insist that publishers edit classroom materials to better conform to Republican ideology.How impactful is the textbook market in Texas? Large enough that changes made for the state can affect what’s taught nationwide, though modern, electronic classroom materials have made it easier to tailor lessons to individual states and school districts — thus diluting Texas’ national influence some in recent years.The board’s ability to influence what gets published in textbooks — even sometimes line-editing materials to remove things its members opposed — was far greater before 1995. That year, the Texas Legislature passed an omnibus education bill that included limits allowing the board only to reject textbooks when discovering factual errors or material that didn’t conform to Texas curriculum standards, which mandate what gets taught its about 5.3 million students.Texas’ more than 1,000 school districts don’t have to use board-approved textbooks, but most do.Some say a bill approved late Tuesday in the Texas House and previously passed by the Senate would return sweeping influence to the board. The proposal would require that all materials on the Board of Education’s instructional list be “suitable for the subject and grade level” for which it was submitted. That seems relatively tame, but classroom advocates say it is subjective enough to force wholesale textbook rewrites.“Board members will take this bill as an open invitation to return to the days of almost unrestrained bullying of publishers to change or censor textbook content for purely political reasons,” said Dan Quinn, a spokesman for the Texas Freedom Network, a board watchdog group and frequent critic. “The board will become an even bigger political circus than it has been.”The proposal’s sponsor, Sen. Kel Seliger, doesn’t see it as a major expansion of power.“There’s been a lot of weirdness, but as it’s described in the bill, it’s about age and grade appropriateness and things like that,” said Seliger, a Republican from Amarillo. “The culture wars won’t be played out in legislation.”But Seliger also acknowledged that the proposed changes could have unintended consequences: “Absolutely there will be factions that try to stretch and look for things like ideological purity.”Both the Texas House and Senate are Republican-controlled, but state lawmakers have long been wary of increasing board influence. In 2011, the Texas Senate voted to expand the board’s veto power over classroom electronic materials. After the media called attention to the move, the Senate took the unusual step of returning hours later and amending its already passed legislation to remove that expansion.There was no debate on the House floor Tuesday night, as lawmakers passed it. But one late modification was inserted by Houston Democratic Rep. Alma Allen and is meant to ensure that instructional materials comply with “contemporary scholarship” while empowering outside academic experts to be part of the process. That amendment may not survive on the final bill, but it ensures it’ll have to head back to the Senate.That chamber can either accept the change and send the full bill to Gov. Greg Abbott, ship it back to the House without the amendment, or reconcile differences via conference committee. Abbott hasn’t said if he’ll sign Seliger’s proposal, but it will automatically become law after clearing the Legislature unless he issues a veto. Even if it stalls, though, there’s another chance for it to become law.Similar language has been attached to a separate bill otherwise requiring board-approved state instructional materials to include “American principles.” That cleared the Senate on Friday.
A study by Rice University’s Kinder Institute for Urban Research has found that virtually all of the neighborhoods on Houston’s east side inside the 610 Loop are susceptible to gentrification in the future.That part of town includes neighborhoods such as Old Spanish Trail/South Union, Denver Harbor, Near Northside and the Second Ward.Gentrification happens when middle income and upper income groups move into predominantly low-income or disinvested urban neighborhoods. That results in a loss of affordable housing and a transformation of the social, physical, historical and cultural character of a given neighborhood.Wendie Choudary, one of the study’s co-authors, told Houston Matters Tuesday that “the state of gentrification across Harris County has come in phases or time periods and it’s accelerated since 2000.”Google MapsThis photo shows a house located in Houston’s Denver Harbor neighborhood, which, according to a study by Rice University’s Kinder Institute for Urban Research, is one of the areas on the east part of town that can be more prone to gentrification.Choudary detailed that factors to determine the likelihood of gentrification include socioeconomic status –for instance, including percentage of married couples; percentage of renters that pay more than 35 percent of their income on rent; and home values— transportation options and distance to downtown.The researcher added that gentrification causes that home ownership becomes out of reach for a lot of low-income households.“So, with this limited affordable options,” Choudary explained, “residents don’t have the money to pay for other necessary funds like health care, food, education.”The gentrification process may ultimately displace residents. “They may have to involuntarily move out of the neighborhood,” noted the researcher, “and settle in less desirable areas, away from their social ties, out of their neighborhood, longer commutes or even out of the city altogether.”The report also includes three case studies, chosen for their relatively high susceptibility to gentrification in the future, that reveal unique housing and demographic differences among the Fifth Ward, Old Spanish Trail/South Union and Greenspoint neighborhoods. Share
November 15, 2018 Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now Opinions expressed by Entrepreneur contributors are their own. The premise of Bruce Schneier’s new book, Click Here to Kill Everybody, is that “the internet is powerful, but it is not safe. As ‘smart’ devices proliferate, the risks will get worse, unless we act now.” I couldn’t agree more.If you’ve seen Maximum Overdrive, Stephen King’s 1986 horror movie in which the world’s home appliances rise up and start attacking their owners, you’ll have a good idea of the kind of climate in which the Internet of Things (IoT) hacks are often talked about. Admittedly, the hacks detailed below are much more mundane, but if IoT security issues are not dealt with soon, King’s movie may not be so absurd after all.Related: The Dangers of the Internet of ThingsThere are serious security flaws that permeate the build process for IoT devices — security cameras to pacemakers, cars, home security devices and yes, potentially even your net-enabled fridge. However, as far as how those flaws can be exploited, it’s still relatively early to say. To date, the objective of IoT hacks appear to be either experimentation or the same as with any other kind of targeted hacking — to steal or otherwise manipulate data for financial gain or malicious intent. Here are some notable examples:In 2016, the IoT-driven Mirai virus perpetrated some of the largest DDoS attacks ever seen. A DDoS attack pointed at U.S.-based DNS provider Dyn, Mirai took down large parts of the internet, including Netflix and Amazon, and in a different attack, the country of Liberia, with an army of enslaved IP cameras, printers and baby monitors.Ransomware attacks on IoT devices underscore how critical the proper IoT security can be, especially when you consider that a smart device can be used as a jumping off point to hijack an entire network (and vice versa). U.K. hospitals were hit hard by last year’s WannaCry ransomware cyberattack, which cost the U.K.’s National Health Service almost £100m (despite its paltry $300 price tag for decrypting data) and led to the cancellation of 19,000 appointments. While the U.S. pretty much avoided the scope of the attack, there were some reports of U.S. hospitals being hit, including one hospital that had its radiology equipment hacked.For a peek into how clever criminals can be, we can look to the Mandalay Bay Casino hack, in which its high-roller database was stolen via a compromised, internet-connected fish tank thermometer. And security researchers have demonstrated how everything from Wi-fi-enabled Barbie Dolls to Samsung TVs can be hacked.The biggest issue with securing the IoT is that like the internet itself, the IoT ecosystem was not built with security in mind. All layers of the stack IoT — the hardware, software, etc., are vulnerable and inherently insecure across multiple fronts, and manufacturers are not yet incentivized through regulation or public pressure to change that.Related: Malware Hits Everyone, From Small Business to Big Government. What Are You Doing About It?Plus, implementing standards and best practices across a global, multi-pronged supply chain requires governments working in unison to create and enforce global standards. The global manufacturers who produce so many of the cheap, rushed-to-market IoT goods in countries prized for their cheap labor costs and low regulatory bar are not likely to start thinking about cybersecurity any time soon. At the consumer level, many are still clueless or uninterested about the weaknesses in their connected doorbells, and at worst, indifferent.The problems are massive, but Schneier spends almost half the book on how we can fix the problem. In short, he suggests a model consisting of technology and policy — a mix of well-crafted, enforceable government regulation and industry-wide adherence to strong security standards, such as those outlined by the National Institute of Standards and Technology (NIST).Schneier’s book is particularly timely in that is was published just as signs of change have begun to appear on the horizon. Six months ago, the European Union passed the General Data Protection Regulation (GDPR), which outlines very clear requirements for the use and handling of customer data. With a recent Facebook breach that impacted 3 million users, GDPR’s effectiveness will be soon be tested.In September 2018, California Governor Jerry Brown signed SB-327, the nation’s first IoT-specific law. The bill has been praised by some as a good first step and criticized by others as being too vague. Either way, it’s paving new ground. Plus, because it applies to devices built and sold in California, it will have ripple effects that extend beyond the state.Related: 12 Simple Things You Can Do to Be More Secure OnlineWe may not have to face down our own electric shavers as they try and cut our throats, but until security is baked into the manufacturing process for connected devices, we are leaving ourselves equally vulnerable. If I haven’t quelled your desire to use smart devices, here are some ways to do so as securely as possible: When evaluating products, ask salespeople questions about their security features. If they have nothing to say, or what they tell you is not easily understood, ask yourself — do you really need that cool new smart device?If you are using apps to control your IoT devices (think smart home alarms or thermostats), consider using a VPN for your phone that includes basic web protections. There are plenty of options, both free and for a small annual fee. Stay vigilant. any network-connected device can be hijacked, and phishing is still one of the most effective ways to deliver malware. Don’t assume your IoT devices are immune from email or web-based attacks accidentally unleashed on your smart devices from your laptop or desktop. 5 min read This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. Enroll Now for Free
The Rees Hotel Queenstown Achieves Rare Dual Qualmark Gold Second Year RunningThe Rees Hotel Queenstown achieves rare dual Qualmark GoldTwo of the tourism sector’s highest official marks of quality, the ‘Qualmark 5 Star Hotel and Gold Tourism Business Sustainability Award’ have been achieved for the second year running by The Rees Hotel, Luxury Apartments & Lakeside Residences.It’s the first time the independently owned luxury operator has been assessed across all three of its different accommodation offerings. Situated overlooking Lake Wakatipu, the property has 60 hotel rooms, 90 apartments and 5 brand new private lakeside residences that opened in December 2017.The Rees is one of only 5 hotels amongst 900 accommodation providers in New Zealand to receive both awards – 5 Star and Gold Sustainability certification, that encompasses the triple bottom line (social, environmental and financial performance). According to Qualmark only ten percent of total Qualmark license holders (1837 internationally ready tourism businesses) have ever received Gold Status.A year ago the tourism rating system received a rigorous makeover after being considerably upgraded. Back then The Rees was one of only two hotels in the South Island that won the gold seal of approval signifying it met the standard for reaching the most high-quality experience New Zealand has to offer.After being benchmarked twelve months later for best practice against all other top hotel operators across the country, the Gold Qualmark sustainability award is particularly satisfying for The Rees CEO, Mark Rose.He believes it’s an “important tool from a very relevant organisation that ensures our New Zealand offerings are world class, safe and sustainable”.The Rees team he says have consciously focused on being responsible operators through leaving a “light footprint” through many staff-initiated actions that both reduce the impact on the natural environment and preserve it.“This Gold status underlines our total commitment to our environment, for both our visitors and the generations to follow us – we all need to do whatever we can to protect our pristine country” Rose says.“Being audited by an independent assessor who is able to compare us with the best hotels across New Zealand is such an important tool. Every day we put a huge amount of effort in to keep The Rees in the best condition with the most up to date offerings and services – so to be officially recognised with a 5 Star rating is terrific” says Rose.The Rees Lakeside ResidencesDuring peak season, while running at high occupancy The Rees was subjected to an on-site assessment and document audit by Amanda Cushen, a Tourism Business Advisor at Qualmark New Zealand.In her report, she rated The Rees as being at the forefront of the industry leading by example and continuously improving noting “excellent examples of robust systems and procedures in place that are underpinned by documented processes that continue to add value”.Using an expansive brief, Cushen scored The Rees performance across a wide range of areas such as; operational sustainability practices, cultural interpretation and integration, service standards and product knowledge, team culture, health and safety systems, décor and cleanliness.“The Rees within the industry are seen as leaders with some outstanding practices in place so every area is evolving, not just one in particular. Excellent systems are embedded within the business like the Optii housekeeping software that has improved efficiency. It’s also an employer of choice with strong team relationships. It is obvious staff are selected very carefully as they all have a very welcoming and friendly manner. Never complacent, they’re always on the lookout to improve as excellence is a journey, not a destination” she says.A Gold Award recognises the best sustainable tourism businesses in New Zealand, with the delivery of exceptional customer experiences. A Gold Sustainable Award identifies businesses leading the way in making the New Zealand tourism industryaworld class sustainable visitor destination.The Rees polled hundreds of travellers in March about how important sustainable practices were to them. 65 percent said it was “very important” which matches figures released in a global study by Booking.com showing that 65 percent of travellers seek out green accommodation – nearly double that of last year and forty five percent consider themselves a sustainable traveller.The top initiatives travellers’ rated in order of preference in the Rees survey were recycling and paperless communications, followed by recycling towels daily. In its Qualmark Award The Rees was recognised for its many environmental and social practices on-site including Bees at The Rees (the hotel’s apiary operation), native tree planting, electric car charging station, waste management and philanthropic social community commitments.Qualmark was first established in 1997 and is wholly owned by Tourism New Zealand. It is the tourism industry’s official quality assurance organisation for accommodation providers, and an endorsement programme for attractions and leisure activities.The Rees Hotel Queenstown blends chic five-star accommodation with all the comforts of home and the service and facilities of an elite international hotel. Situated on the absolute lakefront, The Rees’ terraced construction delivers complete privacy and showcases panoramic views overlooking Lake Wakatipu and The Remarkables Mountains in Queenstown, New Zealand.Its landmark restaurant is the True South Dining Room. Source = The Rees Hotel Queenstown
Derrick Hall satisfied with D-backs’ buying and selling Following player cuts on Saturday afternoon, the Arizona Cardinals have started to claim players off waivers.Tackle Blaine Clausell from the Carolina Panthers, defensive tackle Garrison Smith from the Atlanta Falcons, guard Jeremy Vujnovich of the Indianapolis Colts and defensive end Zach Moore of the Carolina Panthers have all been claimed by Arizona, the Cardinals said in a release on Sunday.To make room, the Cardinals waived defensive end Vontarrius Dora, safety A.J. Howard and released offensive linemen Evan Boehm and Will Holden. Top Stories Denver Broncos quarterback Chad Kelly throws under pressure from Arizona Cardinals defensive end Alec James during the first half of a preseason NFL football game Thursday, Aug. 30, 2018, in Glendale, Ariz. (AP Photo/Rick Scuteri) Following the Saturday cut downs, the Cardinals had 10 offensive lineman and nine defensive lineman. They now have an equal amount of 10 lineman on each side of the ball.Related LinksNotable Cardinals cuts include Evan Boehm, veteran wide receiversCardinals wide receiver room down to five after weekend cutsArizona Cardinals announce official 53-man roster on deadlineClausell played college football at Mississippi State and has had stints on five different practice squads since 2015. He has appeared in four regular season games, three with the Redskins in 2016 and one with the Panthers in 2017.Smith played his college football at Georgia and appeared in 11 career games all with the Seattle Seahawks. He has 14 career tackles. Smith signed with the Falcons in April 2018, but was cut on Saturday.Vujnovich was a 16 game starter for the Indianapolis Colts last season at guard but did not make the team in 2018. The Cardinals are Vujnovich’s third NFL franchise after spending time with the Green Bay Packers and Colts.Moore, a sixth-round draft pick by the Patriots in 2014, he has appeared in 10 NFL games recording three tackles and 0.5 sacks. The Cardinals are the sixth different NFL franchise Moore has been a part of.The Cardinals re-signed seven players to the practice squad including Alec James, Will House, Charles Kanoff, Elijhaa Penny, Pasoni Tasini, Jalen Tolliver and Andrew Vollert. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Comments Share Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact
Gilles Marchand, Marko Filli and Tonio PortugheseThe European Broadcasting Union (EBU), the organisation that represents European public broadcasters, has unveiled its new executive board line-up, with three new additions.The new board members are Gilles Marchand, Marko Filli and Tonio Portughese.Marchand was named as the new director of Swiss pubcaster SRG SSR last month ahead of taking up his new role in October 2017.Filli has served as director-general of RTV Slovenia since 2010, while Portughese has been chair of Maltese pubcaster PBS since 2013.Standing down from the board are Alexander Wrabetz of Austria’s ORF and Faïçal Rachid Laraïchi of Morocco’s SNRT.The executive board will continue to be led by Jean-Paul Philippot of Belgium’s RTBF and Monica Maggioni of Italy’s Rai, who were elected earlier this year to serve as president and vice-president respectively for the 10-year term from 2017-27.The 11-member executive board is responsible for ensuring the implementation of the EBU’s strategy and policies.
Bruce McClellandArris said it remains on track to achieve results within its full year 2017 guidance ranges, despite reporting year-on-year declines in both earnings and revenue.Announcing its second quarter results, Arris said it made a net income of US$30.3 million (€25.6 million), down 64% year-on-year from US$84.2 million in Q2 2016.Revenue came to US$1.664 billion, down US$66 million or 4% compared to the second quarter of 2016.“We entered the second quarter with significantly increased momentum across both our segments and exceeded our expectations,” said Arris CEO, Bruce McClelland.“Growing consumer internet usage delivering high value video content fuels the increasing investment in broadband capacity. With respect to the third quarter 2017, we expect performance to improve further with revenues in a range of US$1.740 billion to US$1.790 billion, GAAP net income per diluted share of US$0.23 to US$0.28, and adjusted net income per diluted share of US$0.66 to US$0.71.
In This Issue… * A late morning rush to sell euros… * Spain & Italy to auction debt tomorrow… * China’s Trade Surplus narrows slightly… * The BOC’s bunker mentality… And, Now, Today’s Pfennig For Your Thoughts! Chinese Exports Holding Steady Eddie! Good day… And a Wonderful Wednesday to you! Each morning when I arrive, and turn on the TV’s and my computer screens (4!) I go quickly check out what’s on each TV for news, then after my email comes up, I go through all the “alerts” that I receive… This morning, the TV’s and my email box is full of stories on the outcome of the New Hampshire primary… Well, not that I don’t care about that stuff, but it’s not the stuff I’ll write about, so it doesn’t help me any! So, get it out of here! Also getting out of here is the risk asset rally that went on yesterday… The currencies are sliding a bit this morning, but Gold is up again, so it’s not all bad for the risk assets. Both Italy and Spain are auctioning a total of 17 Billion euros in debt/bonds tomorrow, and that is weighing heavily on the currencies at this point of the day. The price action of Italian & Spanish bonds before the auction was good though, with yields falling 11 & 20 basis points respectively. But… having to go to the markets and ask them to take on 17 Billion euros more of debt, is another thing, and so… the euro is weaker this morning, as it should be. The good news from the Eurozone this morning comes from Germany, where the economy is saying, recession? What recession? German GPD was weaker in 2011 than it was in 2010, but it still beat the consensus forecasts, coming in right at 3% for 2011… (2010 was 3.7%) Given all that Germany has had to deal with this past year, I find 3% pretty amazing. The bad news is that the ratings agency, Fitch, said yesterday that Italy faces a “significant chance of a downgrade”. Fitch also announced that they would make a decision by the end of the month on both Italy and Spain… So, tomorrow’s debt auction by these two becomes even more important! I see where U.S. Treasury Sec. Tim Geithner, not only has pressured Russia & China to not buy Iranian Oil, he’s now going to go to a full court press on the Chinese about their currency policy. And once again, a U.S. official will visit the Chinese leaders, they will smile and say they will seek a faster appreciation of the renminbi, shake hands and send the U.S. official home, his chest swelled with the pride that he got the Chinese to move faster, only to find out a couple weeks later that the Chinese have simply continued on with their gradual appreciation of the renminbi. Save the tax payers some dough, Mr. U.S. Treasury Secretary, and save yourself the time and effort that you’re going to put into this meeting… You know, if we had not ever made one trip to China by U.S. officials over the years to get them to move off their slow, gradual appreciation of their currency, we would have saved taxpayers a truck load of cash! None of the visits ever helped and we could have saved money… But since when has it ever occurred to U.S. officials that saving money is a novel idea? Ok… move on from here Chuck, you’re about to go down a road that won’t endear yourself to the authorities! Speaking of China… Chinese officials have to be smiling like Cheshire Cats with the latest round of data. First we saw home price inflation back off, then we saw the manufacturing index improve, and now Exports look like they are holding up very nicely, even with the slowdown in the U.S. and Europe. Chinese export growth in December rose 13.4% from a year earlier. It did slip a bit from November’s 13.8% increase, but it looks like the naysayers were wrong once again about China… It appears that with exports to the U.S. slowing down, shipments to Japan and the emerging economies remained Steady Eddie… The Chinese Trade Surplus widened in December to $16.5 Billion from $14.5 Billion in Nov. You’ve just gotta love a Trade Surplus! I think that given all the things / data we’ve seen recently from China that my call that it would be moderation for the Chinese economy and not “collapse” that a boat load of economists have called for the last two years! Closer to home… Canada printed a very nice and strong Housing Starts number for December yesterday. Housing Starts increased 7.9% in December from a year earlier… This is another flashing red light for the Bank of Canada (BOC) to hike interest rates… But the BOC is in their “bunker mentality” as they believe the rot on the vine from Europe and the U.S. will be too much for the Canadian economy to handle… Hmmm… I have to disagree with the BOC here… if your economy is in need of a rate hike now, then do it! If the rot does begin to show up later, then cut the rates, but don’t hesitate to hike them now! Inflation is a bad thing, BOC… please remember that! Yesterday, I referred to the now X-Swiss National Bank President, as Hildegard… Well, as my new friend in our Corp FX group, Agnes, (who’s Swiss) pointed out… his name is Hildebrand. Hildegard is a woman’s name! Geez Louise! I really flubbed that one, eh? Any way it doesn’t look like the Swiss franc is going to give us that “pop” I was thinking could happen if Hildebrand resigned… I gave the desk some numbers last week that were very interesting regarding Gold & Silver and their highs and lows for each year since 2001… One thing that was as evident as a man with a hatchet in his forehead was that each and every year since 2001, Gold & Silver booked their lows for the year in either January or February… Which indicates to me that unless the trend is no longer in place, the only months to buy are January and February… Which is NOW! And one of my chartist friends, sent me a note yesterday that his charts indicate that Silver is about to break out to the upside… This is technical talk that is difficult to understand until they tell you what they are talking about… here’s Scott… He is referring to a chart that you can see if you go to his blog… “The daily chart has now formed a Bullish “Inverted Head and Shoulders” pattern that I have noted on the daily chart on the right hand side below. The Bears seem to have run out of gas when they formed the “Head” on a decrease in volume from the left shoulder. The right shoulder showed a lack of commitment from the Bears again. A breakout and close above the neckline, which I have drawn with a dashed blue trend line, will put pressure on the Bears, especially those who are short from the prior Bearish “Head and Shoulders” pattern that has not gotten fulfilled yet.” Chuck again… You know, I’m a fundamentals guy… but every now and then the technicals play well with what I’m saying fundamental wise… and this is one of those cases! The euro is really getting socked right now, as I get ready to head to the Big Finish. I don’t see anything on the screens that would tell me the reason for the rush to sell euros… but it looks like the 1.27 handle for euros is about to be taken out on the downside… And, it was just taken out… this is something, watching this rush to sell euros, right here, right now… And if the euro is getting socked right now, you all know the drill… the rest of the currencies are getting socked too… UGH! Cheaper levels that’s the only silver lining… Then there was this… Last week, I briefly mentioned our new Corp FX or actually they are called Business FX Group… We have always dabbled in this going back to our days at Mark Twain Bank, but we now have a group of people dedicated to small & mid-sized Corporations and their currency needs, payment orders and hedging of future obligations. If you do currency payments in your Corporation, you should give us a call or send an email because I do believe we can save you money in execution costs. The phone number is: 855.417.4843. And the website is here. To recap… The risk assets rally that was so strong yesterday, has been reversed and then some, except with Gold. There’s a rush to sell euros this morning for no apparent reason other than the ones that have been already beaten to death. Italy & Spain will sell debt/ bonds tomorrow, but recent bond price performance has been good for both countries. China continues to book strong data, albeit a bit weaker. Canada also continues to book good data reports that warrant a rate hike, but the Bank of Canada has gone into its “bunker mentality”… That’s it for today… The guys over at the 5-Minute Forecast were kind enough to quote something I said in the Pfennig yesterday. The 5-Minute Forecast is one of my daily reads that I find to be chock-full-o-info that’s important to what I do! This is it for me this week, as I’m slipping out of town to warmer weather for a few days. I’ll be back next Wednesday. I don’t know if those of you who subscribed to the Currency Capitalist have noticed but I’m no longer writing for that publication. My friends at the Sovereign Society decided to go in a different direction with the letter… So my first “paid writing gig” has ended… Oh well, I gave it my best shot! And so, another chapter in my life comes to a close. Time to move along! No worries… I’ve always wondered why people would pay me to write any way! HA! And with that… let’s get working on making this a Wonderful Wednesday! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837 www.everbank.com
The Casey Research Metals and Mining team has received a number of worried and angry emails about gold’s recent rollercoaster ride. I’d like to respond to them. First, I understand. I’m an investor, too, and I also manage money for family members. We have positions that are underwater, a few dramatically so. Worse, in many cases a full position had been built, seemingly leaving no room to average down and lower our cost basis. This predicament isn’t fun, and there are a limited number of options. However, instead of responding emotionally, let’s look at some facts and consider their implications. The drop in stock prices came with no drop in the quality of the companies’ assets. This is important to recognize, because it highlights the difference between value and price, and points to opportunity. Even at lower gold and silver prices, the value of these companies is higher than they’re currently priced. This will eventually correct, as all mispriced markets do. Investors must be willing to hold through down or sideways markets to realize profits. The trend we’re betting on took an unusually large detour, but it has not changed in any material way. It may take some time for the market to stabilize before it makes a significant move up, and with summer knocking on the door (often gold’s low season), we could easily see the gold market remain weak for a few months. A huge rally in the immediate future is unlikely unless a black swan hits (for example, a deterioration in European sovereign debt, a sharply lower US dollar, bank failures, etc.). The message is that, like any market with favorable fundamentals, you must have the mental wherewithal to stay in the game, however painful, in order to seize a big profit. A lifetime buying opportunity is shaping up. By any analysis, gold stocks are about as cheap as they’ve ever been. Therefore, focus on positioning yourself ahead of what we think will be an extraordinary reversal. The more spectacular the selloff, the more spectacular the opportunity – and this selloff has been one for the record books. We’re witnessing a setup that only comes along a few times in an investor’s life. Our goal is to prepare for it, not lament an unexpected trend interruption. Be honest with yourself about risk and volatility. Investment decisions based on emotions rather than facts rarely work out. I know it’s not easy, but look ahead and not behind. Stock prices don’t care how you feel – and they still won’t when the market reverses to the upside with you on the sidelines looking on. The bottom line is that you’ve got to hang in there and let the big-picture forces guide your gold investing decisions. It’s only natural that investors who haven’t experienced this kind of situation before might be wondering exactly what the big-picture forces are indicating today. To address that issue, along with the many other questions surrounding gold investments today, Casey Research and TheStreet have brought together some of the sharpest gold-investing minds around. They include: Doug Casey, legendary contrarian and speculator; Jim Cramer, founder of TheStreet and host of CNBC’s Mad Money; and Steve Feldman, cofounder and CEO of Gold Bullion International. You’ll hear their thoughts on what’s happened in the gold markets over the past two months… what is likely to be ahead in them… and how gold investors should position themselves. You’ll get specific, actionable advice in this free webinar, so reserve your spot now. Gold: Dead Cat or Raging Bull? will premier on Tuesday, June 25 at 2:00 p.m. EDT. You don’t want to miss it – learn more and register today.
what was popular in the past will improve. I have two experiences as a pundit for the future. In 2007 I said on CNBC that Facebook would one day be worth $100 billion. At the time it was worth maybe $1 billion. Everyone on the show laughed. I then invested in every Facebook services provider I could find. And in my book, Choose Yourself!, written mostly in 2012 but out in 2013, I said that we can look forward to having a “smart toilet” that will diagnose all of our illnesses in our fecal matter and urine… a mini-lab in our bathrooms. Anyway, this weekend, MIT said it’s working on just such a toilet. Cost: $2,000, but it was going to bring the cost down to $100. Count me in. But there are 10 trends from the past 100 years that I think are important to respect and will be important trends for the next 100 years. Knowing this can help us make money off of them. 1) Deflation Most people are scared to death of inflation. If most people are scared of something (like Ebola), it probably means it was a media or marketing-manufactured fear that will never come true. The reality is, we live in a deflationary world. Warren Buffett has said that deflation is much more scary than inflation. It’s scary to him because he sells stuff. It’s great for everyone else because we buy things. However, to be fair, it’s a mixed bag. When prices go down, people wait to buy, because prices might be cheaper later. This is why some of the scariest points in our economic history were in the 1930s and in 2009 when there was deflation. How did the government solve the problem? By printing money and going to war. That’s how scary it was. To solve the problem, we gave 18-year-old kids guns, sent them to another country, and told them to shoot other 18-year-olds. People have all sorts of statistics about the government debt and the dollar decreasing 97% in value since 1913, etc. I don’t care about all of that. I want to make money no matter what. Here’s what I see: my computers are cheaper. Housing prices haven’t gone up in 10 years. And people are finally starting to realize that paying for higher education isn’t worth as much as it used to be (too much student loan debt and not enough jobs). All electricity is cheaper. All books are cheaper. And I don’t have to go to the movies to watch a movie. All my music is basically free if I watch it on YouTube. Don’t get me wrong: inflation exists because the government and the corporations that run it are preventing deflation. But the natural order of things is to deflate. Eventually something bad will happen, and the carpet will be pulled out from under everyone. Perhaps if we have an inflationary bubble. Then deflation will hit hard, and you have to be prepared. In a deflationary world, ideas are more valuable than products. If you have ideas that can help people improve their businesses, then you will make a lot of money. For instance, I know one person who was sleeping on his sister’s couch until he started showing people how to give webinars to improve their businesses. Now he makes seven figures a year. This “webinar trick” won’t always work. But then he’ll have ideas for the next way to help people. Ideas are the currency of the 21st century, and their value is inflating, not deflating. 2) Chemistry The last 50 years was the “IT half-century,” starting with the invention of the computer, the widespread use of home computers, and then the domination of the Internet and mobile phones. Okay. Done. It’s not like innovation will stop in that area. It won’t. Every year computers will get better, more apps will be useful, etc. But the greatest innovations are over for now (DNA computing will happen, but not until after what I’m about to say does). As an example: the next versions of my laptop and my cellphone have already come out. But, for the first time ever, I have no real need to get them. And I’m an upgrade addict. But the upgrades just weren’t big enough. I don’t even think I understand the differences between the next generation of cellphones and last year’s generation (tiny changes in battery and pixel numbers, but only tiny). Here’s what’s going to change: chemistry. The number of grad students in chemistry is at an all-time low versus the number of grad students in computer science or information technology. And yet, we’re at a point where almost everything we do requires advances in chemistry rather than IT. For instance, Elon Musk is creating a billion-dollar factory to make batteries. Well, for Elon’s sake, wouldn’t it be better if we had a more efficient way to use lithium so that batteries can last longer? DNA computing, while it would create a great advance in computer technology, is almost 100% dependent on advances in biochemistry. Many people call the US the “Saudi Arabia of Natural Gas.” But what good does it do us if we can’t convert the gas into liquids that fill up our car? Right now every country uses Fischer-Tropsch technology—a chemical process that is 90 years old—to turn gas into liquids. And it’s expensive to use it. Wouldn’t it be better if someone could develop a groundbreaking change here? I can list 50 problems that chemistry can solve that would make the world better. But it’s not sexy, so people have stopped studying it. This will change. Not because it’s a futurist trend, but because for 3,000 years, changes in society were largely due to chemistry advances (e.g., harvesting wheat) rather than computer advances. I’m just taking an old trend and saying, “Hey, don’t forget about it. We still need it.” A simple example: DuPont and Dow Chemical, the two largest chemical companies, have had 50% and 38% year-over-year earnings growth respectively compared with Apple (12%). But nobody cares. 3) Employee-free Society Before 200 years ago, we never really had employees. Then there was the rise of corporatism, which many confused with capitalism. I’m on the board of a $1 billion in revenue employment agency. We’ve gone from $200 million in revenues to $1 billion just in the past few years. Why did we move up so fast when the economy has basically been flat? For two reasons: The Pareto principle, which says that 80% of the work is being done by 20% of the people. So a lot of people are being fired now, since 2009 gave everyone the carte blanche excuse. Dan Steinhart Managing Editor of The Casey Report Three Trends for the Next 50 Years By James Altucher I’m not a big believer in the future. I mean, it will exist—we know that. But that’s about it. CXO Advisory Group has analyzed the predictions of hundreds of pundits. Are the talking heads on TV right or wrong? You know, the ones who say Ebola will end the world, or the ones who said Enron was just having accounting problems. It turns out the pundits’ predictions are right only 47% of the time. I think they are being nice to the pundits. I would say pundits are right about 12% of the time. But I pulled that number out of a hat, and they did a statistical study, so who knows? I don’t like making predictions. They get in the way of my digestion. All of that future thinking clogs up the pipes. But there’s a great way to evaluate whether a prediction is true or not. It involves a simple phrase we all know: “This time things will be different.” We know that phrase is always wrong. We know that things stay the same. I’ll give a great example: my 15-year-old doesn’t have email. She doesn’t really use a computer except for homework. But she does use her phone. She texts everyone. Email has been popular for almost 20 years. But the phone has been popular for over 100 years. Not that new things are bad. We’re not using the phone from the year 1900. We’re using a phone that is a more powerful computer than the top supercomputers from 20 years ago, and it fits into our pocket. Two things happen: what was popular in the past will be popular for at least as long in the future (expect at least another 100 years of teenage girls texting relationship advice to their friends); and Dear Reader, Today we welcome back one of our most popular contributors, James Altucher. A serial entrepreneur, James started, built up, and sold two companies for $10 million each. Now he’s a fund manager at Formula Capital, where he manages a portfolio of angel investments. He’s also one of the best writers and thinkers I know. James wrote the following piece exclusively for Casey Research subscribers to explain three investable trends that he expects to dominate the next few decades. Enjoy. And to all of our American readers, Happy Thanksgiving! Because of the holiday, we won’t be publishing a Casey Daily Dispatch tomorrow. It will be back on Friday, however. Regulations that are too difficult to follow. It’s getting pretty difficult to figure out what you need to do with an employee. Health care is a great example, but there are 1,000 other examples. So what’s happening, for better or worse, is a rising wave of solo-preneurs and lifestyle entrepreneurs—exactly what happened for the hundreds of years that capitalism was around before stiff and rigid corporatism (teamed with unions) became the primary but fake “stable” force in our lives. This is why companies like Uber are flourishing. You have a workforce (the drivers), logistics software in the middle, and people willing to pay for that workforce. Our GDP and our startups are going to start to drift in the Uber direction. Uber in San Francisco last month did three times as many rides as all the cab drivers in SF combined. Corporate life was never really stable, and now we know that. The problem is: while we were all in our cubicles (and I’ve been guilty of this for many years as well), we stopped being creative, stopped having ideas, and just took orders from the gatekeepers: bosses, colleagues, government, education, family. We let other people choose what was best for us instead of doing the choosing ourselves. If you let someone else do the choosing for you, the results won’t be good, and you’ll get resentful. Bad things will happen. I don’t have a direct stock tip on this. This is not about stocks. It’s about taking an approach where you get your life back so you can have wealth and abundance over the next 50 years. One thing to try is to write down 10 ideas a day. This exercises the idea muscle and gets you 100x more creative than the average person over time. They could be business ideas, ideas to help other businesses, book ideas, or even ideas to surprise your spouse. Another trick is to take Monday’s ideas and combine them with Tuesday’s ideas. “Idea sex” is an awesome source of creativity. Ideas are the true currency of this next century. I don’t care about the dollar or gold or health care. Any movement in those will just create opportunities for people who know when to take advantage of them. The key is to become an idea machine. People say “ideas are a dime a dozen” or “execution is everything.” These statements are not really true. It’s difficult to come up with 10 new ideas a day (try it), and execution ideas are just a subset of ideas. I was going to make this 10 trends I see coming over the next 10 years. But at 1,900 words, I already shared three solid ones. Maybe I’ll do a part 2 for the rest, but these three trends are an important start. They’re already here, they’re already deeply affecting our society, and being ready for them will be the key to success in the coming years.
– But it’s not the only major warning sign. Earnings for companies in the S&P 500 have also fallen for five straight quarters. That’s the longest earnings drought since the 2008–2009 financial crisis. Stocks almost never rise during such prolonged periods of declining earnings. • To be clear, we aren’t saying the market has topped… Only fools make calls like that. We’re saying it looks like the market’s topped. And it would be just as foolish to ignore these red flags. Today, we’re going to tell you another reason why we think stocks may have peaked. This same warning sign flashed before the last two major stock market crashes. That’s the bad news. The good news is that you can still make money (possibly triple-digit returns) in the coming months if you make the right moves today. We’ll tell you how to do this at the end of today’s issue. But before we get to that, let’s take a close look at this new warning sign. • Last month set a record for deal-making… Bloomberg reported a week ago: October as a whole was a record month for dealmaking, with almost half a trillion dollars of mergers and acquisitions announced globally. CenturyLink Inc.’s $34 billion acquisition of Level 3 Communications Inc., as well as General Electric Co.’s deal to combine its oil and gas division with Baker Hughes Inc., pushed October’s deal volumes to about $489 billion, according to data compiled by Bloomberg. That’s the highest amount for at least 12 years, topping the previous record of $471 billion in April 2007, the data show. • You might not think this is a big deal… After all, what’s so bad about companies buying each other? But mergers and acquisitions (M&A) activity spiked before the last two major stock market crashes…and that has many Wall Street analysts worried. USA Today reported last week: October’s frenzied deal activity has caught the eye of analysts who note that similar bursts of corporate M&A activity in 1999-2000 and 2006-2007 occurred near stock market tops.… The robust M&A activity is sending up a yellow flag, as the past two times deal activity has spiked in a cluster of back-to-back years was in the run-up to the 2000 dot-com stock crash and 2008 financial crisis. As you may recall, the NASDAQ plunged 78% during the dot-com crash. The S&P 500 fell 57% during the 2008–2009 financial crisis. • Most companies don’t buy other companies when business is good… They buy other companies when their business is struggling. You see, a company can make itself bigger, practically overnight, by buying another company. And that can boost sales or profits. That’s the reasoning behind the biggest deal proposed this year… As you’ve probably heard, telecom giant AT&T (T) offered to buy media powerhouse Time Warner (TWX) for $85.4 billion two weeks ago. According to The Wall Street Journal, AT&T hopes the blockbuster deal will help the company grow: In the U.S., AT&T lost 268,000 mainstream wireless phone customers. Phone additions are considered important because they provide more service revenue than tablets, and customers with postpaid phone accounts tend to stay longer.… In all, AT&T’s total wireless revenues dipped 0.7%, to $18.2 billion, which the company blamed on decreases in service and equipment revenue.… The Time Warner deal is seen helping AT&T potentially find new areas of growth as its core wireless business has become saturated and its share of the mobile market leaves little room for acquisitions. • AT&T isn’t the only major U.S. company that’s used M&A to grow… Bloomberg reported last week: Just eight transactions account for more than $300 billion of the October total as megadeals continue to find favor among dealmakers.… So far this year, 32 deals valued at more than $10 billion have been struck. That puts 2016 on track to beat every year since 2007 except for last year, when a bumper 52 transactions of that size or more were announced. Given that corporate earnings have been falling since 2014, it’s safe to assume that companies are using M&A to offset the poor performance of their “core” business. Recommended Links • We see the recent spike in M&A activity as a major red flag… But many investors don’t see it this way. That’s because takeovers can boost a company’s profits…at least in the short term. And that can lift a company’s share price. Legendary investor Carl Icahn thinks those investors are making a big mistake. Icahn, who has one of the greatest trading records ever, warned last year: [What companies] do with the money is almost perverse. They just go in and buy another company to show analysts on Wall Street that their earnings are going up so their stock will go up. It’s financial engineering at its height. Icahn is specifically referring to “cheap money.” He added: [I]t’s like taking a drug, borrowing money very cheaply, taking over another company. You feel good. It’s like steroids. The athlete’s jumping pretty high. And so those companies can show a huge EBITDA number that we all know is not going to be there in two or three years.… So, these earnings are fallacious. • You see, the Federal Reserve has held its key interest rate near zero for the last eight years… This has made it incredibly cheap for companies to borrow money. According to the Securities Industry and Financial Markets Association (SIFMA), U.S. corporations have borrowed $9.1 trillion in the bond market since 2010. That’s 55% more than they borrowed in the seven years leading up to the 2008–2009 financial crisis. Companies have racked up huge debts even though corporate profits have been falling since 2014. And now, corporate balance sheets are weaker than they were during the last financial crisis. The Wall Street Journal reported last month: Median debt at junk-rated companies is five times earnings before interest, taxes, depreciation and amortization, or Ebitda, according to Moody’s data. That compares with 4.2 times in 2008. The debt ratio for investment-grade companies is 2.6 times Ebitda, compared with 2.2 times in 2009, Moody’s data show. • Icahn is betting U.S. stocks will crash… Icahn’s investment fund, Icahn Enterprises, had a “net short position” of 138% at the end of last quarter. This means the fund had 138% more bearish bets than bullish bets. For example, if you own $100,000 worth of stocks and also short (bet against) $238,000 worth of stocks, you’re 138% net short. Last week, Barron’s reported that “[m]uch of that position is in the equity market, including major indexes.” • Doug Casey is betting U.S. stocks will fall, too… Earlier this year, Doug made a HUGE bet on gold. He invested about $1 million of his own money in gold stocks. These stocks, as Dispatch readers know, are leveraged to the price of gold. In other words, the price of gold doesn’t have to rise much for them to soar. Consider the VanEck Vectors Gold Miners ETF (GDX), which tracks large gold stocks. It’s up 74% this year, or nearly four times the 21% jump in the price of gold. • Now, to be clear, Doug didn’t buy GDX or any fund like it… He bought tiny gold stocks with massive upside potential. Most analysts have never even heard of these stocks. But Doug found them because he’s spent four decades developing a secret method of finding gold stocks with huge upside. Doug’s approach, which we call “The Casey Method,” has handed him incredible gains on gold stocks. We’re talking returns of 487%, 711%, and even 4,329%. You can learn more about The Casey Method by watching this new presentation. You’ll also learn how to access nine gold stocks that Doug and his team recently found using this same method. Each of these stocks could double in the coming months. Some could go even higher. To learn about The Casey Method—and how to access the names of these nine stocks—click here. Chart of the Day The entire global stock market appears to have peaked. Today’s chart shows the performance of the FTSE All-World Index, which tracks stocks from all around the world. You can see this key index set an all-time high last year. But, like the S&P 500, it didn’t hold its new high for long. After rallying earlier this year, the FTSE All-World Index is “rolling over” again. This is a bad sign for investors around the world. It means stocks from Tokyo to London could be headed lower. If you’re nervous about stocks, we encourage you to own physical gold. As we often say, it’s the ultimate safe-haven asset. Investors buy it when they’re nervous about stocks or the economy. If stocks keep falling, investors across the world could take shelter in gold. And that could send the price of gold much higher. If you’re as wary of the broad stock market and the economy as we are, you might also want to own gold stocks. As we explained above, they’re the best way to profit from rising gold prices. — Regards, Justin Spittler Delray Beach, Florida November 7, 2016 We want to hear from you. If you have a question or comment, please send it to firstname.lastname@example.org. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful. Doug Casey’s Urgent Prediction for Today Until tonight, the founder of Casey Research is sharing a prediction that could have a huge impact on your wealth in the months to come. According to Doug, thousands of Americans are overlooking a huge opportunity right now. The last time we saw this market opportunity, you could have doubled your money 15 times. Click here for details before tonight at midnight. Signs of a market top are popping up everywhere. As you probably know, the S&P 500 set a new all-time high in early July…its first since May 2015. Normally, it’s a bullish sign when an index like the S&P 500 sets a new high. But U.S. stocks didn’t keep rising after “breaking out.” Instead, they’ve fallen. Just take a look at the chart below. You can see that the S&P 500 has fallen nine days in a row, its longest losing streak since 1980. It’s now below the high it reached in early July. That’s not a good sign. Even if Hillary Beats Trump, She LOSES… Does it really matter if Hillary comes out on top in the election? Maybe not. Because, guess what… According to a new finding by an ex-advisor to the CIA and Pentagon… winning the White House may work out to be a DISASTER for Hillary. No, it’s got nothing to do with her husband’s scandals… or the unwinnable War on Terror. It’s a whole different kind of threat, one even she didn’t count on. Click this link and find out what it is. Hillary must be terrified…