first_img8 Best WordPress Hosting Solutions on the Market frederic lardinois Related Posts Tags:#news#web#YouTube A Web Developer’s New Best Friend is the AI Wai…center_img Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hosting At 8pm ET tonight, President Obama plans to address the nation about the BP oil spill from the Oval Office. In addition, White House press secretary Robert Gibbs will also answer questions from YouTube users right after the president’s address. If you would like to submit your own questions, head over to the White House’s YouTube page. Just like during earlier events, the White House is using Google Moderator to collect these questions. YouTube users can then vote which questions they would like Gibbs to answer tonight.You can ask questions by leaving a short text message on Google Moderator. You can also attach a YouTube video to your question. Given that YouTube and the White House only announced this event today, it definitely looks like this was a last-minute effort to get the public involved. Topics for the event include BP accountability, Gulf Region recovery, the cleanup plan and the environmental impact of the spill. Even though this event was only announced about an hour ago, questions are already streaming in at a rapid pace. Earlier this month, Google, in cooperation with the PBS Newshour, also enlisted the public’s help in collecting the best ideas for stopping the spill and cleaning of the oil in the Gulf of Mexico. Over 15,000 people submitted their ideas at that time and over 100,000 Google users voted on these ideas.last_img read more

first_imgTottenham midfielder Oliver Skipp delighted with full Premier League debutby Paul Vegas10 months agoSend to a friendShare the loveTottenham midfielder Oliver Skipp was delighted with his full Premier League debut for victory over Burnley.Christian Eriksen fired Spurs’ injury-time winner on Saturday.With Jan Vertonghen missing with a thigh injury and Eric Dier suffering from a virus, left-back Ben Davies stepped in at centre-back while 18-year-old Academy product Oliver Skipp was handed his full Premier League debut. Fellow Academy starlet TJ Eyoma was on the bench as defensive cover.Skipp beamed, “It’s a great result to get the last-minute winner and it’s topped off a great day for me! “I was happy to have gained the manager’s trust.” About the authorPaul VegasShare the loveHave your saylast_img read more

first_imgTORONTO – A U.S. Tim Hortons franchisee has closed two restaurants amid a dispute with the coffee shop company.Show Me Hospitality LLC, a developer for Tim Hortons in the St. Louis area, is suing Tim Hortons USA Inc. for failing to meet its obligations.The franchisee says after Restaurant Brands International Inc. (TSX:QSR) acquired Tim Hortons in 2014 it asked Show Me Hospitality to increase its obligations to develop Tim Hortons restaurants in the St. Louis area from 40 restaurants over five years to more than 200 restaurants over 10 years.However, after Show Me Hospitality says it rejected the demand, it alleges Tim Hortons stopped approving locations for restaurants and failed to provide branding and advertising.It also alleges Tim Hortons withheld approval of new partners and necessary capital investment and said that if Show Me Hospitality did not commit to the 200 restaurant program, it would terminate the area development agreement.The allegations have not been proven in court.In an email, a Restaurant Brands International spokesperson says the company “strongly denies” the claims brought by the franchisee, adding that they refer to a small number of U.S. restaurants.The fight comes amid other disputes between Tim Hortons franchisees and Restaurant Brands.In Canada, the Great White North Franchisee Association has been looking to raise franchisee concerns including the use of advertising funds and cost-cutting measures that it says impact product quality.last_img read more

first_imgAs a result of the gun being fired, a woman inside the home received a non-life-threatening injury to her arm.Investigators believe this was a targeted incident and that there is no danger to the public. The residents of the home are known to police.Sgt. Tyreman added that no further information will be released at this time in order to protect the integrity of the police investigation.Anyone with information about this incident is asked to contact the Fort St John RCMP at 250-787-8100 or Crime Stoppers at 1-800-222-8477 (TIPS). FORT ST. JOHN, B.C. – One woman was injured during a home invasion that occurred on the city’s east side over the weekend.Sergeant Dave Tyreman with the Fort St. John RCMP said that sometime during the early morning hours of Saturday, September 29th, three armed individuals forced their way into a home in the 8600-block of 76th Street.Once inside, one of the residents was involved in a struggle with one of the gunmen, which resulted in several shots being fired.last_img read more

Skys Now TV strategy is working without any imp

first_imgSky’s Now TV “strategy is working” without any impact on the pay TV operator core base, and the OTT TV service’s customers are increasingly taking multiple packages, according to Marina Storti, director of strategy at Now TV.Despite consumers being able to take and drop single packages via Now TV’s system of flexible day, week and month ‘passes’, Sky has seen 45% take more than one pass, and this means that they are more likely to be loyal to the service, she said.Speaking at the Connected TV World Summit in London this morning, Storti said that “the vast majority” of viewing on the platform is on-demand, in contrast to the main Sky platform.personalisation of the service as well as the launch of new content such as Twin Peaks and series seven of Game of Thrones.Now TV’s most loyal customers are those that buy its dedicated Now TV box, Storti said. The latest version, the Now TV Smart Box, linked with the Sky broadband service, combines DTT TV channels and OTT TV. “Customers that use that box are even more engaged than other customer groups,” she said.Storti said that Sky would focus on adding more devices through which Now TV can be accessed. Its other main goal is to make sure that customers use the service, she said. The company has invested in upgrading and innovating on UI to get customers to what they want faster. The latest UI is currently being rolled out, while Sky has also developed a dedicated kids UI as part of the main app.Sky has to work hard to ensure that its mainstream offering and Now TV are highly differentiated, said Storti. In addition to a different content line up, its marketing is very differently pitched, based on genre-specific appeals, such as to those interested specifically in kids content or box-sets, she said.last_img read more

Almost half of all Nordic households now subscribe

first_imgAlmost half of all Nordic households now subscribe to at least one subscription video-on-demand service, according to Stockholm-based business development consultants Mediavision.The report claims that today 5.3 million Nordic homes, some 48% of the region’s total, now take an SVOD service, an increase of 850,000 new SVOD households compared to the same time last year.SVOD stacking, or taking several SVOD services simultaneously, was also found to have grown over the past year, contributing to overall growth in the Nordics.Households taking three or more SVOD services was the fastest-growing segment. In Norway 280,000 homes, more than a quarter of the country’s SVOD households, subscribe to three or more SVOD services, with Sweden and Denmark reported to be “not far behind”.“Nordic consumers have both an unwavering appetite as well as the economical capacity for streaming services and we’re not seeing a stagnation,” said Marie Nilsson, CEO of Mediavision.“The strong growth across the Nordics will most likely continue throughout 2019. The new EU regulations, which will require more Nordic content, will likely fuel the growth even further. The SVOD stacking phenomenon will most certainly continue to increase.”last_img read more

Spanish regional cable operator Euskaltel has issu

first_imgSpanish regional cable operator Euskaltel has issued a complaint against film production outfit Venice PI LLC for an alleged breaching data protection legislation after fighting a Bilbao court’s order to hand over IP addresses of people who allegedly shared the content of a movie produced by Venice.Euskaltel filed a complaint with the Agencia Española de Protección de Datos (AEPD) for a possible breach of rules after customers received emails from Venice demanding payment of €150 within five days to avoid legal action over pirating its movie.Euskaltel said that such a sue of customer data represented an infraction of data protection law.The Bilbao commercial court had ruled that Euskaltel had to make the IP addresses of customers who had shared the Bruce Willis vehicle Once Upon a Time in Venice available via peer-to-peer.Euskaltel has said that at no time did it identify the owners of the IP addresses as being responsible for any intellectual property infringement, and that the use made of the data by Venice therefore represented a violation.The Basque Country-based operator said that data provided to comply with a ruling related to preliminary proceedings did not mean that the offended party was free to do what it pleased with this data.Venice PI LLC has form in this area, having previously issued subpoenas against a number of leading US ISPs requiring them to share customer data over file-sharing of Once Upon a Time in Venice two years ago.last_img read more

first_img$188 $(56) 2011 $606 Cash & Equivalents Free Cash Flow $153 $1,000 Revenue 2010 $1,974 $(138) 2009 $66 $777 2008 $3,711 $3,908 $297 $(55) 2007 $(88) $470 Unless you’ve been living under a rock (or on MySpace) for the last two weeks, you’ve most likely heard that social networking giant Facebook filed for its IPO.   The form S-1 contains a plethora of information “the Street” had been mulling over for months. Most important was the company’s 2011 net income, which was up 65% annually to $1 billion.   Although the company had a net income loss for 2007 and 2008, its earnings growth since has been astounding. Since 2009, the company has averaged annual net income growth of 115%, while revenue has increased on average 80% over the same period. $272 $1,785 $229 $633 $305 Net Income The company has been amassing a treasure chest of cash. With nearly $4 billion at the end of 2011, Facebook can cover operating expenses for two years without any additional revenue, granting investors a wide margin of safety. Free cash flow has consistently grown since 2008, with an average annualized growth of 103%.   In addition to the income numbers, the public was able to peek inside Facebook’s user base for the first time. According to the form S-1, the company had 845 million monthly active users (MAUs) and 483 million daily active users (DAUs) at the end of 2011, up 39% and 48%, respectively.(Click on image to enlarge)However, as Andrew Sorkin points out, Facebook is very, should we say, generous when calculating its user base. The main point of contention is that Facebook counts users as “active” even if they didn’t actually visit Facebook.com, which skews the company’s reach and thus the amount advertisers would be willing to pay for ad space.To Facebook, a user is considered “active” if he or she “took an action to share content or activity with his or her Facebook friends or connections via a third-party Web site that is integrated with Facebook.”For example, if you clicked the “Like” button on a New York Times article, shared music on Spotify, or signed into the Wall Street Journal using your Facebook account and left a comment that was subsequently shared on Facebook, you’re counted as an active user, even though none of these actions actually took place on Facebook.com. The catch is that advertisers won’t have an opportunity to market products to these “active” users.Even though Facebook seems to have massaged its active users stats, Nielson estimates that Facebook had roughly 153 million MAUs in December, which is only 8 million off the prospectus estimate of 161 million MAUs. So, the company does have a healthy advertising base and appears to be fundamentally strong. Even so, there are other risks that the company will need to overcome in order to continue its success.Growth(Click on image to enlarge)As the graph above illustrates, growth in key markets such as North America and Europe is already tapering off. Sources claim the US market could already have a saturation rate of 75%. From the form S-1: “We believe that our rates of user and revenue growth will decline over time. For example, our annual revenue grew 154% from 2009 to 2010 and 88% from 2010 to 2011. Historically, our user growth has been a primary driver of growth in our revenue. Our user growth and revenue growth rates will inevitably slow as we achieve higher market penetration rates, as our revenue increases to higher levels, and as we experience increased competition.”Once Facebook’s user base inevitably plateaus, their performance will become increasingly dependent on their ability to increase levels of user engagement, which entails generating new, useful products. However, Facebook still has opportunities for user growth in emerging markets, such as Asia, Africa, Latin America, and the Middle East.AdvertisingFor 2009, 2010, and 2011, advertising accounted for 98%, 95%, and 85%, respectively, of Facebook’s revenue.Working in their favor is Facebook’s vast knowledge of their users, which could allow the company to deliver ever-increasingly targeted ads. If they can increase the relevance of their ads, they’ll be able to increase their advertising base, along with the price they charge per click, thus providing an opportunity to raise revenues.One caveat to this opportunity is that Facebook is at the forefront of complex and evolving US and foreign laws and regulations regarding privacy and data protection, which could result in regulatory action in coming years. This could entail future restrictions on the data Facebook can gather and use to deliver targeted ads. MobileCurrently, Facebook’s mobile app does not carry advertisements. With more and more users accessing Facebook through mobile devices, the company will need to reevaluate its mobile strategy.Without any leverage in the mobile marketplace, an opportunity is created for Google to push its Google+ social network on Android devices, along with Apple’s recent affinity for Twitter on the iOS. Without a native mobile operating system, Facebook is at a clear disadvantage.However, Google+ has had difficulty gaining traction and currently has “only” 90 million users, while Facebook is still considered a mainstay in the social networking industry.Key-Man RiskLast but certainly not least, the company’s chairman and CEO Mark Zuckerberg poses a significant key-man risk for the company. Zuckerberg (who was mentioned 113 times in the S-1 filing) owns a large majority of the company’s voting stock and thus has control over key decisions. Placing this much emphasis on one person (regardless of how brilliant) is rarely a good idea.On the flip side, Zuckerberg’s track record proves he can lead a growing, profitable company. But the question is whether he’ll be able to keep it up.last_img read more

first_imgAs Grant pointed out—and as I’ve said on many occasions as well—these 40+ year charts are prima facie evidence of the Anglo/American price management scheme that has been in place since gold hit $850/oz. 30+ years ago.  Only the willfully blind can’t/won’t see it, but I know you can, dear reader—or you wouldn’t be reading this.Today is the cutoff for this Friday’s COT Report and as always, I’m hoping that everything that happens today in gold and silver gets reported in a timely manner.  The data from two week ago, wasn’t—and we had big spillover into last Friday’s report, which really skewed the numbers in the last two reports.And as I write this paragraph at 3:05 a.m. EDT, the London market has been open about five minutes.  I also note that the HFT boyz have been up to their usual tricks during Far East trading, as all four precious metals got “the treatment.”  Gold volume is already a hair over 30,000 contracts—and silver’s volume is around 9,000 contracts—with little, if any of the volume, rollovers or switches.  And not that it matters, but the dollar index is up a handful of basis points.When I was talking to Ted yesterday, I mentioned the fact that I was concerned about the large net long position that still existed in the Non-Commercial category of the COT Report.  In reply, Ted pointed out that there was the big long position in the “Managed Money” category in the Disaggregated Commitment of Traders Report.  The “Managed Money” position is included in the “Non-Commercial” category of the legacy COT Report, the one I follow every week.  But, as Ted mentioned, normally this category would be net short—especially considering the current silver price action as of late—but that’s not the case this time.  At the moment, the category is net long about 8,400 contracts—and Ted is wondering who might be sitting in the bushes on the long side at this juncture—and in that category in particular.  That’s a good question—and I know that Ted will have much more to say about it in his mid-week commentary to paying subscribers tomorrow.And as I send today’s column off to Stowe, Vermont, I note that all four precious metals are still under selling pressure from the high-frequency traders.  Gold volume is over 45,000 contracts—and silver’s net volume is just above 10,000 contracts.  The dollar index is still up about the same number of basis points as it was a couple of hours ago.I’m must admit that I’m not exactly looking forward to what might await me from a price perspective when I check in later this morning.  As you are more than keenly aware, the price action at the moment has nothing to do with supply and demand, as it’s all paper trading on the Comex.  You wonder what has to happen to goad the mining companies into action.  If not these engineered prices—and not the multitude of class-action lawsuits against the LBMA—then what, you might ask?  A good question for which there is no answer, as it doesn’t appear the executives running these companies have a gonad to share amongst each other—let alone two of them.See you tomorrow. The dollar index closed late Friday afternoon at 79.49—and spiked down to 79.42 immediately, before heading north seconds later, settling out at 79.62.  From there it didn’t do much until about 20 minutes after London opened.  The subsequent rally took the index up to 79.82 before it fell back a bit into the close.  The dollar index finished at 79.76—up 27 basis points on the day.The gold stocks gapped up about 2% at the open—and hit their high tick the same time as the gold price did, shortly before the London close.  They hung on to most of these gains until shortly before 3 p.m. EDT—but then got sold down about 1% going into the New York close.  The HUI finished up 1.49%—the exact same amount it lost on Friday.The silver equities put in a similar performance, but Nick Laird’s Intraday Silver Sentiment Index only closed up 1.20—which isn’t bad considering that the metal itself closed flat on the day.I forgot to “fill in the blanks” for Friday’s CME Daily Delivery Report.  I have the paragraph typed before the CME posts the numbers on their website around 10 p.m. EDT—but then put “x”s where the actual numbers are supposed to go—and then fill them in when I edit the column, or sooner if I remember.  The editor missed that—and he ensures that he’ll be more careful next time.Anyway, the Friday numbers were nothing to write home about, as only three gold and two silver contracts were posted for delivery within the Comex-approved depositories on Tuesday, so you didn’t miss much.The CME’s Daily Delivery Report for yesterday showed that 45 gold and zero silver contracts were posted for delivery within the Comex-approved depositories on Wednesday.  Jefferies was the short/issuer on all 45 contracts—and JPM and Canada’s Scotiabank stopped 38 of them.  The link to yesterday’s Issuers and Stoppers Report is here.An authorized participant added gold to GLD yesterday—57,801 troy ounces to be exact.  And as of 6:47 p.m. EDT yesterday evening, there were no reported changes in SLV.Since yesterday was a Monday, there was a decent sales report from the U.S. Mint.  They sold 5,500 troy ounces of gold eagles—and 752,500 silver eagles.There was a pretty decent deposit in gold over at the Comex-approved depositories on Friday, as 158,397 troy ounces were reported received.  About a tonne went into HSBC USA—and the balance was taken by Canada’s Scotiabank.  Nothing was shipped out.  The link to Friday’s activity is here.It was another decent in/out day in silver as well.  597,216 troy ounces were reported received—and 607,136 troy ounces were shipped out.  The link to that action is here.Yesterday, reader “T.B.” sent me the information below about 1-ounce gold coin holdings at the Permanent Fund—and I thought it worth sharing.Ed,Just thought I’d give you an update on the 1-ounce gold coin holdings of the Permanent Fund.  As normal it’s delayed info, but should give you some insight to the supply/(decreasing) demand for the newly minted eagles/maples.Holdings on July 31, 2013: 1,200,000 coinsHoldings on Oct 31, 2013: 1,080,000 coinsHoldings on Jan 31, 2014: 930,000 coinsWithout the selling of some 270,000 coins over a six-month period, the mint stats would obviously have been that much stronger.  I guess one has to assume that these coins made their way back into individual investor aftermarket sales.When you start to see big 25-50,000-ounce sales weeks in gold eagles again you can probably assume that the $9 Billion Permanent Fund is once again growing and increasing its mandated allocation to gold.Cheers,  T.B.Here’s a chart of the almost-18-year-old Ukrainian hryvnia [the national currency] vs. the U.S. dollar over the last six months—a graph that I shamelessly stole from an email that Casey Research’s Bud Conrad sent around yesterday.  One would suspect that it’s only a matter of time before the U.S. dollar chart is similarly configured.I have a lot of stories today—and the final edit is yours.But under the hood, things got a lot stranger in silver.  For starters, the concentrated short position of the four largest shorts increased by nearly 1,900 contracts. Accordingly, I would peg JPMorgan’s short corner in Comex silver to now be 22,000 contracts, up from the 20,000 contracts the bank held last week. After removing spreads (as must be done), JPMorgan holds 16.6% of the short side of the entire Comex short position in silver futures. If the 4 and 8 largest shorts in Comex silver added shorts (which they did to the tune of 2.200 contracts combined) and the commercial short position increased by less than 500 contracts that means the raptors (the smaller commercials apart from the big 8) had to buy 1,700 new longs, which was the case. Prima facie evidence of the Anglo/American price management schemeThe gold price rallied sharply at the 6 p.m. Sunday evening open in New York—and ran into short sellers of last resort almost immediately.  Volume wasn’t overly heavy, but it was enough to do the job.  From there the price didn’t do much until the 8 a.m. BST London open—and then got sold down to its low of the day, which came at 8:30 a.m. in New York, 10 minutes after the Comex open.  The subsequent rally got capped shortly before the London close—11 a.m. EDT—and from there got sold down $5 before trading sideways starting at noon in New York.The CME recorded the low and high ticks as $1,318.70 and $1,331.40 in the June contract.Gold finished the Monday session in New York at $1,326.60 spot. up $8.20 on the day.  Net volume was around 106,000 contracts, which was about 5,000 more than Friday’s volume—and pretty light.It was more or less the same chart pattern in silver, except for the fact that it got sold down once London began to trade—and looking at the chart pattern on the decline, it appears that the technical funds were doing some shorting, which added to the size of the price decline.  The low was in at the noon silver fix—and from there the price was allowed to rally back to the $20 spot price mark—and that as it for the day, as every rally back over that price got firmly put in its place.The low and high ticks were $19.735 and $20.11 in the June Contract.Silver closed in New York at $19.965 spot, up half a cent.  Net volume was 25,500 contracts, which is on the lighter side.Here’s the New York Spot Silver [Bid] chart on its own, so you can see how carefully the silver price was managed around the $20 price mark in the Comex session.After their initial rallies at the New York open on Sunday evening, neither platinum and palladium were allowed to get far after that.  Here are the charts.center_img Here’s what is so strange – even as the raptors have built up their net long position by almost 18,000 contracts to 37,500 contracts since March 4, JPMorgan and the other 7 big silver shorts have added 7,000 new shorts in that same time (with JPM accounting for 4,000 new short contracts). In fact, the concentrated net short position of the 8 largest Comex silver shorts is now at the highest level in three and a half years; 66,435 contracts, or the equivalent of 332 million oz. Huh? Silver prices are stinking up the joint and near the lowest levels in 3.5 years and the concentrated short position is the largest it has been in that time. What other evidence is required to prove that silver has been manipulated lower by JPMorgan and the other concentrated Comex shorts?Up until very recently, the raptors and JPMorgan and the other big concentrated silver shorts generally worked the same side of the street, but with different agendas. Usually it was the raptors and the big shorts aligned against and milking the technical funds; the raptors for pure profit, the big shorts in order to contain the price first, with profits a secondary objective. That meant that the raptors and JPM and the other big silver shorts all bought and sold in harmony. These past four or five weeks have featured a very different pattern with the raptors buying big and JPM and the other big shorts actually selling pretty heavy. I don’t think I’ve ever seen the raptors adding long contracts while JPM and the others added shorts. – Silver analyst Ted Butler: 12 April 2014It was another day that, even though there were relatively low volumes in both silver and gold, it was obvious that prices were being actively managed—and that the prices of all four precious metals [silver and gold in particular] were capped during the New York trading session.  Fortunately, all this data should be in Friday’s Commitment of Traders Report.Here are the silver and gold charts with yesterday’s price data included.With the exception of one day, silver has been closed at or just below the $20 spot price for three straight weeks.  A chart pattern like the one above cannot occur in a free market—which it isn’t.The gold price has now closed about its 50-day moving average for 3 consecutive days—and it will be interesting to see if this rally is allowed to continue.  Even if it does continue, it’s obvious from the chart patterns of the last week or so, that the daily price rises are being heavily controlled—and it’s equally as obvious that all four precious metals would be doing much better than they are if allowed to trade freely.  It’s still entirely possible that we could get a “failure” at this level, but we’ll have to wait it out.In the Grant Williams’ commentary that’s posted in the Critical Reads section, he had a couple of gold charts embedded in it that you can’t make out at all, so I asked Nick to send them along—and here they are below.  I’ve posted them on many occasions—and the “click to enlarge” feature works wonders here.  The contents in the dialogue boxes tells all.  If you started with $100 on January 1, 1970—and invested as indicated on these two charts, the amounts show on the far right is what that $100 investment would have returned after 40+ years.last_img read more