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A Wall Street analyst thinks he’s figured out the real price Netflix would need to charge to break even — and he says it would destroy the company’s growth

“Once you factor in all the money Netflix is sending out the door, the company’s cash flow is deeply in the red and getting worse” writes Troy Wolverton for businessinsider.com. At that level, Netflix’s growth rate would almost certainly slow to a crawl, given the increasing number of competitors, all of which offer their services at significantly lower prices.In explaining his rating, Pachter pointed to Netflix’s ongoing cash burn.”Netflix is absolutely delivering on its growth goals,” Pachter said, adding that the company “is clearly doing something right.”. When it comes…

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Development of eSIM standard halted after allegations arise that AT&T and Verizon colluded to sabotage it

“The main benefit of eSIM technology is consumer freedom, which is exactly why certain telecommunication carriers have allegedly sought to block its adoption” reports xda-developers.com. If the allegations against the two largest mobile carriers in the U.S. are true, then the future of eSIM technology may be in jeopardy.The GSMA has issued a statement in response to the story which announced that the organization has halted development of the eSIM standard until the ongoing investigation is completed. Source: xda-developers.com Share This:

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The traditional CEO-CIO relationship is changing

“Popular board topics include IT strategy, technology investments, digital transformation and, of course, the ever-present challenge of cyber security” writes Derek Hutson for venturebeat.com. Every year, Gartner surveys CIOs on how their jobs are changing in the digital age.CIOs need to understand the business and be empowered to take calculated risks to advance the company’s digital strategy.CIOs typically sat in a back office, seldom making critical business decisions, always searching for the balance between efficiency and effectiveness. Source: venturebeat.com Share This:

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Markets News Stocks 

The stock market is freaking out up about the bond market—but should it be?

“Government bond yields climbing and a shrinking gap between short-term and long-term Treasury rates have prompted some consternation on Wall Street, driving equity prices lower as investors fret about what these dynamics mean for U.S. economic growth entering its ninth year of expansion” reports marketwatch.com. Netflix Inc. on Monday detailed stunning growth for a tech company that has been around more than two decades, as its hefty spending on content and international expansion pays off in a big way. Source: marketwatch.com Share This:

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Scott Pruitt Before the E.P.A.: Fancy Homes, a Shell Company and Friends With Money

“Lindsey signed the deed of the home over to a relocation company SBC had hired to handle her move and severance” writes Hiroko Tabuchi for nytimes.com. In 2005, the shell company — Capitol House L.L.C. — sold the property for $95,000 more than it had paid.Pruitt, though the E.P.A. spokeswoman confirmed that he was one of five co-owners of the shell company. Source: nytimes.com Share This:

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News Analysis: Will Kim Jong-un Trade His Nuclear Arsenal to Rebuild Economy?

“As for nuclear weapons, he essentially declared that mission accomplished, saying North Korea no longer needed to test long-range missiles or atomic bombs and would close its only known nuclear test site” writes Choe Sang-hun for nytimes.com. Kim said it was now time to adopt a “new strategic line” and focus the nation’s resources on rebuilding its economy.SEOUL, South Korea — For as long as Kim Jong-un has been North Korea’s leader, he has called for the simultaneous pursuit of nuclear weapons and economic growth with the aim of making…

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Alphabet earnings: Google will offer a gander at its Uber investment

“Earnings: On average, analysts polled by FactSet model earnings of $9.28 a share and adjusted earnings of $11.75” writes Tech Reporter for marketwatch.com. That change begins Monday, when the Google parent company expects to report first-quarter earnings after the bell.Revenue: For the first quarter, analysts model sales of $24.26 billion after accounting for traffic-acquisition costs.Lastly, Google said it would begin providing cost-per-impression data from Google’s network revenue instead of the cost-per-click data it has provided investors.Contributors to Estimize, which crowdsources estimates from analysts, fund managers and academics, predict earnings of…

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