Posts Tagged ‘internet’

Corporate Hacker Tries to Take Down WikiLeaks

Stephen Colbert reports on technothriller going on between Wikileaks, Anonymous (a "global hacker nerd brigade") and Aaron Barr. H/t Ron. – Ilene

Corporate Hacker Tries to Take Down WikiLeaks

A corporate hacker tries to take down WikiLeaks by faking documents and blackmailing American journalists.


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Why Did the U.S. Military Buy 500 Fake Internet Personas?

Courtesy of Jr. Deputy Accountant

The answer to the question "why does the government need software to create a bunch of fake Internet "people?" is probably quite simple, and while Daily Kos seems to feel it has to do with attacking progressives, I’m afraid the aim of the purchase is far more subversive and far-reaching. Leave it to libtards to take it personally and ignore the fact that there is an ongoing war against Americans, waged by their own government, that has so far claimed our privacy, freedom and now our economic well-being. 

I also remind Daily Kos here that the American progressive is already an extinct creature, replaced by leftist maniacs too drunk on their own perceived invincibility to realize that they’re the ones holding the torches as Rome burns. I have no problem with progressives and could probably play one on TV as I believe in crazy ideas like advancing knowledge and equal rights and am fascinated by the sociology of economics, all matters progressives tend to say they are into. I believe gays should be allowed to marry but churches should be allowed to say they refuse to marry them (that’s the whole separation of church and state we seem to have forgotten about). Just as the true conservative has been replaced with a holier-than-thou army of Christian fundamentalist freaks who obviously haven’t read a Bible lately since the one I read said something about "love your brother" and "judge not lest ye be judged," we are once again losing the battle by fighting amongst ourselves over semantics instead of attacking the true enemy. 

But what if the enemy could replicate itself to infinity and invade our most sacred space of information exchange, the Internet? Worse, what if they already have?

We have known for a long time this happens. It’s why sketchy IP addresses show up in my stats and comments appear on politically-charged websites that seem to paint the OP as a kook or set up a critical mass of straw men to otherwise discredit the point of the article. I’ve seen it in practice and it’s usually more sad than frightening. Real commenters get so caught up in their feelings they let their emotions bleed through the keyboard. Real commenters are idiot Americans who were churned through our sub-par public school system and don’t know…
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The Internet Makes me Pee LESS

What is the internet doing for you lately? Tell me.  Or just think about it. – Ilene 

The Internet Makes me Pee LESS

Courtesy of Howard Lindzon 

Comedian Sarah Silverman presents her fans and the media with her latest book, The Bedwetter: Stories of Courage, Redemption, and Pee at a local Barnes and Noble in New York City, New York on April 20, 2010. Fame Pictures, Inc

There is a useless debate on Le Web over Le Years whether the internet makes you smarter or dumber . Let me chine in on that:

COULD. CARE. LESS

I know what Le Web does for me. I hold my pee in longer. It could be my age and gynormous prostate but I think it’s engagement. I sit, I read, I am engaged, I hold in a pee.

Clay Shirky has the important stuff on the subject of ’smarter or dumber’:

The past was not as golden, nor is the present as tawdry, as the pessimists suggest, but the only thing really worth arguing about is the future. It is our misfortune, as a historical generation, to live through the largest expansion in expressive capability in human history, a misfortune because abundance breaks more things than scarcity. We are now witnessing the rapid stress of older institutions accompanied by the slow and fitful development of cultural alternatives. Just as required education was a response to print, using the Internet well will require new cultural institutions as well, not just new technologies.

What Does the Internet Make You do more or Less of… 


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An Age of Miracles and Wonders

An Age of Miracles and Wonders

Courtesy of Tim at The Psy-Fi Blog 

Low angle view of a woman with outstretched arms against blue sky

S-t-r-e-t-c-h

Stretch your arms out to either side and imagine you’re looking at the economic growth of the human race over its entire four thousand year documented history. From the fingertip on your right hand to the first wrinkle on its index ftinger more or less covers the first three thousand eight hundred years. From there to the end of the index finger on your left hand represents growth over the nineteenth and twentieth centuries.

We truly live in an age of miracles and wonders. Medical advances have ensured more people live longer than ever before, scientific achievements have created a world in which we’re surrounded by astonishing labour saving creations and inventions which allow us to waste the time we’ve saved and the extra years of life we’ve been granted. Meanwhile our economic understanding of how this happened has, well, gone nowhere very interesting really. How did we achieve this state of grace?

Science and Medicine

View of female pharmacist holding and yellow and white box

 One thing’s perfectly clear – the massive economic growth seen over the last couple of hundred years doesn’t have an awful lot to do with economics. Perhaps the prevalence of capitalist doctrines has prevented excessive government intervention in free markets at too early a stage, but otherwise we’ve veered about wildly while booming and busting our way to a greater level of wealth and health than ever before seen on the planet.

On the other hand this has had a lot to do with medical advances. Medicine has ensured that our useful lives are greatly extended – although a lot of the increase in average lifespans so often discussed is down to vast decreases in infant mortality. Still, we no longer die en-masse of septicaemia. Better, though, improvements in healthcare have extended the useful working lives of people: imagine a world in which most people were dead by 45. Heck, no politicians.

From Third World to First

Along with this we’ve seen incredible advances in science and engineering. In my father’s living memory he recalls the arrival of electricity, sewage disposal and tarmac to his home village. My grandmother was born before the Wright Brothers took flight and outlived – by far – the Apollo program. Yet her grandfather lived in a world virtually unchanged for a millennium: a world of hard…
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The Truth About Your Email Domain

The Truth About Your Email Domain

Courtesy of Joshua M Brown, The Reformed Broker 

This is hilarious and totally true.

I love.

theoatmeal.com/comics/email_address

You have to click over for the rest (below)

Source:

What Your Email Address Says About Your Computer Skills (The Oatmeal) 


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The Coming Apple iOS – Android Wars

The Coming Apple iOS – Android Wars

Courtesy of Edward Harrison at Credit Writedowns 

A model poses with the new Samsung Galaxy S Android smartphone during its launch ceremony at the headquarters of Samsung Electronics in Seoul June 8, 2010. REUTERS/Truth Leem (SOUTH KOREA - Tags: BUSINESS)

In my last technology post, I wrote that we are moving to an Internet-centric world where your computing device or operating system are less important because your data will live and breathe in the Internet cloud. Google, in particular, is preparing for this world because it has a dominant role in the Internet through search. But everyone is moving to an Internet-centric service and content delivery strategy.

The telecom providers understand that their networks make them gatekeepers who can extract rents from content providers. Having paid handsomely to build these networks, they are fighting to not become dumb pipes and resisting net neutrality in order to keep that gatekeeper role. This is one reason Google is trying to build its own network and circumvent the telcos. Eventually, I think the land-based telcos will lose and the battle will move to one between mobile operating systems like Apple’s iOS and Android. Although mobile phone operators may still be able to extract rents for a while longer than the fixed-line telcos.

The PC OS landscape

In the past, the operating system has been important in computing because it allowed the same software to be run on different computing devices, permitting users of those devices to transfer data easily as they were using the same software. But, the OS also benefitted as the more installed users one OS had, the more developers created software for the operating system. These network effects made achieving critical mass a defining factor. Going forward, network effects will also be important in monetizing OS-proprietary e-Commerce platforms like iTunes and Google’s new iTunes competitor.

One reason Apple was near bankruptcy before Steve Jobs re-appeared on the scene is because Apple’s Macintosh’s installed base had shrunk. I used a Macintosh from the mid-1980s but was forced to switch to a PC when I bought a laptop in the mid-1990s that I used both at home and for work. As the PC gained sway, millions of users like me were forced to give up the Mac. And, of course, that meant software developers gravitated to the PC platform and the Mac became a niche product.

The Move to the Internet-centric Model

As Internet bandwidth increased, more and more of what had to be done locally or over a local area network on…
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Search No More: Google’s a Value Stock

Search No More: Google’s a Value Stock

2010 CeBIT Technology Fair

[H/t to John at Wall St. Sector Selector]

Courtesy of Ockham Research

Google’s (GOOG) stock has been punished thus far in calendar 2010 falling more than 20% from its 52-week high.  Some of that can be blamed on the recent correction, but with the broad market indexes just about even for the year there is obviously something more.  Much of the pessimism towards the internet search giant is related to its pull back from the lucrative Chinese market after a throw down over censorship, and Google’s pain has been Baidu‘s (BIDU) gain as their shares have grown nearly 80% already this year.  Some of this shift in valuation is certainly warranted, especially for Baidu, however we think that the reaction has created an opportunity to pick up shares of the global leader in search advertising.

recent info-graphic provided through Barry Ritholtz’s blog shows the degree to which “googling” has gone global (all statistics are as of February 2010).  In the US, Google claims an impressive 72% percent of search market share despite established competition.  However, to the south Google’s market share is stronger with Mexico and all of South America hovering around 90%.  Google has all but squeezed out the competition in such European countries as the Netherlands, Belgium, Latvia, Lituania, Hungary, Romania, and Poland all with greater than 95% share.  Interestingly, as of the time of the report, Google only claimed 26% of Chinese searches, but 81% from India.

GOOG

A recent report out of Google claims the company generated $54 billion in US economic activity in 2009, apparently this tabulation accounts for revenues generated through ads placed by on Google search results (as opposed to being Google’s own revenue).  The report laid out the value proposition for using their platform, “We conservatively estimate that for every $1 a business spends on AdWords, they receive an average of $8 in profit through Google Search and AdWords.”  It would seem to me profit is the wrong term to use in this case, but you get the idea; the platform works.

Clearly, internet search advertising is dominated by Google, and we have seen spending return as the economy has rebounded.  We believe this trend will continue as keyword targeted advertising has become a key medium for small business ad campaigns, and economic recoveries are a time when many small businesses get…
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THE IPAD WILL SAVE PRINT? YEAH RIGHT!

A watched iPot never runeths over.

THE IPAD WILL SAVE PRINT? YEAH RIGHT!

Courtesy of Richard Metzger at Dangerous Minds  

image
With all of the iPad hype going on this week, I was surprised that so few pundits were saying what I felt was glaringly obvious: No way in hell is the iPad going to save the ailing magazine and newspaper industry. Did anyone really believe that for a single second anyway?

Gimme a break! I already get more than enough distractions for free—no, really guys, my infotainment cup has been runneth overing for a very, very long time now—that there is no way, not a chance—none—that I’m going to subscribe to your magazine or newspaper now that a device I never asked for in the first place has been caused to exist by Steve Jobs. I don’t care what your new iThingee is or how great your marketing people are telling me it’s going to be. If you think what you’ve got is so unique and must-read that I should pay for it, I’ve got news for you, it’s not. It’s a very big Internet out there and as long as 99.99999 percent of it is free, your subscription fee is a self-imposed death sentence, and will not even constitute a revenue trickle let alone a stream.

Witness the recent paywall experiment at New York Newsday. It did not go very well. During the first three months of the paywall, exactly 35 people opted to pay for what they had been previously getting for free. Raise your hands, readers in Long Island, NY, how many of you who plan to buy an iPad also have plans to tap the digital ass of New York Newsday for a monthly fee?

About what I thought: None of you.

Every morning I scan dozens of newspapers around the world for my job at the…
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OpTrader

Swing trading portfolio - week of July 24th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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ValueWalk

Ray Dalio - The Academy Of Achievement Interview

By VW Staff. Originally published at ValueWalk.

Ray Dalio – The Academy Of Achievement Interview

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Zero Hedge

"Apprehension": Main Events In Torrid Week Include Fed, GDP, Earnings And "Lots Of White House Risk"

Courtesy of ZeroHedge. View original post here.

"Apprehension" - that's how Citi describes trader sentiment as a new week begins, in which the bank points to various event risks over the coming five days. The one markets are focusing on over say, the FOMC on Wednesday, is the political noise coming from Washington. The investigation into Russia’s alleged meddling in the 2016 election is back in focus as President Trumps’ son-in-law testifies, along with Trump Jr and Paul Manafort later in the week. As such, risk sentiment seems apprehensive ahead of the inevitab...



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Phil's Favorites

Tsunami to Hit Germany: Five Auto Companies Admit to Illegal Cartel

Courtesy of Mish.

Unmasking an Illegal Cartel 

The  German auto scandal just got much bigger according to a new report by the Spiegel.

Audi, BMW, Daimler, Volkswagen, and Porsche colluded in all aspects of diesel technology.

Effectively, the five corporations acted as one via a series of secret working groups that met several times a year.

The Spiegel broke the story with its report on the Auto Syndicate Scandal.

The story is in German, and it’s also behind a pay wall. Eurointelligence has a nice Email report.

Spiegel magazine...



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Insider Scoop

Earnings Scheduled For July 24, 2017

Courtesy of Benzinga.

Companies Reporting Before The Bell
  • Hasbro, Inc. (NASDAQ: HAS) is estimated to report quarterly earnings at $0.46 per share on revenue of $970.25 million.
  • Cal-Maine Foods Inc (NASDAQ: CALM) is expected to report quarterly earnings at $0.13 per share on revenue of $317.67 million.
  • Halliburton Company (NYSE:...


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Chart School

Weekly Market Recap Jul 23, 2017

Courtesy of Blain.

This past week represented so many of the weeks of 2017; slow action with a bit of an upward skew.   Monday, Tuesday, Thursday were sleeping – and minor gains Wednesday were offset by small losses Friday; in the end we had small gains for the week!  Rinse, wash, repeat.   For the week the S&P 500 added 0.5% and the NASDAQ 1.2%.  Sixty eight S&P 500 companies reported earnings this past week so that was the focus.

Fun fact:  Until Friday’s loss, the NASDAQ had a 10 day string of gains, matching its longest streak since Feb. 24, 2015.

The European Central Bank left key rates unchanged...



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Biotech

A new vaccine is promising to advance the frontier of eliminating malaria

Reminder: Pharmboy is available to chat with Members, comments are found below each post.

 

A new vaccine is promising to advance the frontier of eliminating malaria

Courtesy of Simon KariukiKenya Medical Research Institute

A malaria vaccine will be piloted in Ghana, Kenya and Malawi to assess its suitability. Siegfried Modola/Reuters.

More than 30 malaria vaccine candidates are at various stages of development. The RTS,S vaccine is at t...



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Digital Currencies

Bitcoin (BTC/USD) Nears All-Time High on Spike Above Daily Chart Downchannel Resistance

Courtesy of ZeroHedge. View original post here.

Bitcoin (BTC/USD) crushed shorts yesterday, smashing above the daily chart's downchannel resistance and soaring towards the all-time high around 3000. With yesterday's massive rally, the negative weekly MACD crossover has been proved a false signal.  Odds are quite good that a sustainable longer term BTC/USD bottom was found last week, especially with ETH/USD also strongly rebounding this past week.  Some consolidation can be expected today with daily RSI and Stochastics tiring, although with daily MACD just having positive...



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Members' Corner

Why we need to act on climate change now

 

Why we need to act on climate change now

Interview with Jan Dash PhD, by Ilene Carrie, Editor at Phil’s Stock World

Jan Dash PhD is a physicist, an expert at quantitative finance and risk management, and a consultant at Bloomberg LP. In his thought-provoking book, Quantitative Finance and Risk Management, A Physicist's Approach, Jan devotes a chapter to climate change and its long-term systemic risk. In this article, Ilene interviews Jan regarding his thoughts on climate change and the way it can affect our futu...



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Mapping The Market

The App Economy Will Be Worth $6 Trillion in Five Years

Courtesy of Jean-Luc

This would be excellent news for AAPL and GOOG to a lesser extent although not inconsequential:

The App Economy Will Be Worth $6 Trillion in Five Years 

In five years, the app economy will be worth $6.3 trillion, up from $1.3 trillion last year, according to a report released today by app measurement company App Annie. What explains the growth? More people are spending more time and -- crucially -- more money in apps. While on average people aren't downloading many more apps, App Annie expects global app usership to nearly double to 6.3 billion people in the next five years while the time spent in apps will more than double. And, it expects the...



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Promotions

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



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All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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