40 Stock Market Terms That Every Beginner Should Know Understanding the stock market can be a daunting task for any new investor. Not only are there many concepts and technical terms to decipher, but nearly everybody will try to give you conflicting pieces of advice. For example, if a stock in your portfolio falls in price, should you be accumulating additional shares at a lower price or should you be strategically cutting your losses? Some experts will tell you one thing, while others will tell you precisely the opposite. A Place to Start: Terminology Before you drift into the many debates that the investing pundits are weighing in on, perhaps…
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The net neutrality fight isn’t over. Here’s what you need to know
The fight over net neutrality doesn’t die. It just changes over time. The Obama era rules for the open internet proved short-lived, lasting briefly from 2015 to 2018. But the battle rages in the courts as supporters challenge the repeal of the rules and the Federal Communications Commission challenges states that are passing their own net neutrality rules. Many people agree with the basic principle of net neutrality – the idea that all traffic on the internet should be treated equally – but plans for realizing that uncontroversial concept have been a lightning rod for conflict. Behind the clash: The former, Democrat-led FCC reclassified broadband networks so that they were…
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The Business of eSports
For decades, the world’s top athletes have competed in illustrious tournaments such as The Masters or the Tour de France. People tune in from all over to see these athletes in peak form, and tournaments rake in cash from media rights, advertisements, sponsorships, merchandise, and also the live event itself. In turn, these competitions offer millions of dollars in prize pools for the participants. But what if there was a new type of sport that upped the ante? While sport purists might scoff at the idea of any type of competition involving video games – the numbers speak for themselves. The realm of eSports already has tournaments that pack stadiums,…
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15 Greatest Gold Heists of All Time
The 15 Greatest Gold Heists of All Time Gold is valuable and extremely rare, and therefore the yellow metal is usually protected at all costs. However, there have been multiple occurrences in history where evildoers have breached security measures and bullion has fallen into the wrong hands. Today we count down the stories of everyday henchmen, terrorist groups, and nation states that have all stolen large swaths of gold loot. This includes notable worldwide events such as the Spaniards’ metal extraction from the New World, famous and recent ISIS raids on banks in the Middle East, and two significant transfers of wealth in WWII that occurred through the use…
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When Tech Giants Go Shopping
When Tech Giants Go Shopping So far, 2014 has been a big year for the tech industry in regards to acquisitions. But if you think that Facebook’s $19 billion purchase of WhatsApp was the largest, you’d be mistaken. Acquisitions are a huge part of driving the tech industry forward. They bring in new ideas, fresh talent, proprietary technologies, and much more. For investors, an acquisition can mean big money, on both ends of a buyout. Take for example Comcast’s bid for taking over Time Warner Cable earlier this year, investors in Time Warner enjoyed a 6.8% jump in their stock value. These types of deals aren’t rare; just last year, there were 2,710 mergers…
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SpaceX moon tourist’s tweet offering $900K becomes retweeted ever
The Japanese billionaire who’ll be Elon Musk’s first paying passenger for a trip to the moon used his deep pockets to get the most retweeted tweet on all time over weekend. Yusaku Maezawa, who was revealed as the mystery SpaceX moon passenger back in September, had 4.8 million retweets as of Monday morning, crushing Carter Wilkinson’s 2017 attempt to get a free one-year supply of chicken nuggets out of Wendy’s. The 43-year-old founder of online fashion mall Zozotown on Saturday tweeted that its New Year’s sale raked in 10 billion yen (around $92,310,000) at the fastest pace ever and offered to split 100 million yen (around $924,000) between 100 randomly…
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T-Mobile’s TV service said to face launch delay
T-Mobile’s much-anticipated TV service has proven more complex than originally thought, forcing a delay in its launch, Bloomberg reported Wednesday. T-Mobile CEO John Legere promised the service would launch this year when he announced in 2017 the acquisition of Layer 3 TV, a tech TV company. T-Mobile billed the service as a breakthrough for people who ‘love their TV, but … hate their TV providers,’ promising a combination of streaming TV and online video without lengthy contracts or unwanted channel bundles. Executives wrestled with the decision of offering a typical streaming service or waiting until 2019 to launch a more groundbreaking product, Bloomberg reported, citing unidentified people familiar with the…
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How to spot a fake euro or dollar note – and what to do if you find one
IF you’re heading abroad this summer then it’s worth taking the time to check the banknotes you receive in change aren’t fake. The introduction of the new 12-sided £1 coin – being hailed as “the most secure coin in the world” – and the old fivers being replaced by polymer £5 have helped tackle the problem of counterfeiting in Britain. There are a number of ways to spot fake euros on your travels But what can you do to make sure you haven’t been given a fake note in change abroad? Holiday makers heading to Tenerife are being warned to watch out for fake 10 or 20 euro notes after Spain’s biggest…
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U.S. regulators ask banks, financial institutions to work with shutdown workers
The five federal financial institution regulators and state regulators from across the U.S. are encouraging financial institutions to work with consumers affected by the federal government shutdown. The statement, which was issued by the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, Consumer Financial Protection Bureau, the National Credit Union Administration and the Conference of State Bank Supervisors, encouraged consumers to contact lenders to discuss specific arrangements. “While the effects of the federal government shutdown on individuals should be temporary, affected borrowers may face a temporary hardship in making payments on debts such as mortgages, student loans, car loans, business loans, or credit cards,” the statement…
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Chart: Why Industrial Robot Sales are Sky High
Chart: Why Industrial Robot Sales are Sky High Industrial robots have come a long way since George Devol invented “Unimate” in 1961. After pitching his idea to Joseph Engelberger at a cocktail party, the two soon saw their new creation become the first mass-produced robotic arm to be used in factory automation. Today, this robot class is raising the bar of global manufacturing to new heights, striking a seamless mix of strength, speed, and precision. As a result, demand for industrial robots keeps growing at a robust 14% per year, setting the stage for 3.1 million industrial robots in operation globally by 2020. Drivers of Robot Success Why are industrial…