2017-11-18

Tech Review | Tencent Posts Fastest Growth in Seven Years (video)

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2017-11-18)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) Tencent Posts Fastest Growth in Seven Years, 2) Social Media & Fake News, 3) Cord Cutters OTT Subscriptions, 4) Investing: The Week, S&P 500 Index, Investing Notes, Tax Reform, 5)ICYMI.

1) Tencent Posts Fastest Growth in Seven Years

Bloomberg.com video published Nov 15, 2017:  Tencent Holdings Ltd. (Domain: tencent.com) posted its strongest growth in more than seven years, riding the success of games like Honour of Kings and a rapidly expanding internet advertising business. Bloomberg's Peter Elstrom reports on "Bloomberg Technology."
Tencent's Q3 earnings beat expectations, profit of $2.7B up 69% YOY, revenue of $9.8B, up 61% YOY, due to mobile and desktop gaming businesses.

Tencent Holdings Ltd shares HKG: 0700 (pricing in HKD)
 Tencent

2)  Social Media & Fake News: How did the news go ‘fake’? When the media went social | TheGuardian.com"In all the fuss over misinformation, one crucial aspect is ignored: the way people now perform their relationship with news in order to win the approval of others." 

See also: How We Can Be Certain That Mueller Won't Prove Trump-Russia Collusion? | ZeroHedge.com"Following the presidential election last year, anonymous sources from within the intelligence community were hemorrhaging leaks to the press on a regular basis that were damaging to the incoming administration. If there was any evidence to be found that Donald Trump colluded with the Russian government to steal the 2016 election using hackers and propaganda, the US intelligence community would have found it and leaked it to the New York Times or the Washington Post last year. Mueller isn’t going to find anything in 2017 that these vast, sprawling networks wouldn’t have found in 2016." --[Editor's note: which is why Wall Street and the markets have never paid serious attention to all the crazy "fake news" anti-Trump stories constantly issued by liberal media (WaPo, NYTimes, CBS, NBC, ABC, CNN, et al) since the election, which are now wearing thin even in "the Swamp."]

3) Cord Cutters in the U.S. can pick from more 200 OTT Subscription Services, but the top three dominate: 1. Netflix; 2. Amazon Video (Amazon Prime); 3. Hulu (SVOD)--ParksAssociates.com. [Editor's Note: Add in YouTube.com and Google Play Movies & TV a la carte via internet streaming, app or Chromecast, what else do you need?] See also: 
  • TheVerge.com: Disney’s streaming service has won, and it hasn’t even launched yet--When you have the most important franchises in the world, nothing else matters.
  • SeekingAlpha.com: The Brilliance Of Google's YouTube Strategy.
  • TheStreet.com: Cord-cutting Is Leading Disney, Fox and Others to Take Drastic Action.

4) Investing
graphic “Investing” ©2017 DomainMondo.com
The WeekWall Street ends the week on a weak note as investors remain focused on the tax bill | fxstreet.com: Following Thursday's rally, major equity indexes in the U.S. started Friday under pressure and "closed with modest losses as investors speculate the fate of the tax bill." [Editor's Note: see Tax Reform under Investing Notes below.]
 S&P 500
The US benchmark S&P 500 index has hit dozens of records in 2017, and recently set a record for how long it has gone without a decline of 3%, and as of November 14 it hasn’t closed with a drop of 0.5% in 50 sessions, the longest such stretch since 1968, according to data from LPL Financial--MarketWatch.com.

Investing Notes:
"Corporate incentives have been perverted in the past decade, and instead of allocating capital to ensure long-term business growth, companies have rushed to cash out, with shareholders benefiting the most, while management teams got record bonuses as a result of their stock price-linked compensation bogeys ... the only thing Trump's [tax] reform will achieve is to dramatically accelerate recently slowing [stock] buybacks, which in turn will push stocks to new all time highs"--The Moment Gary Cohn Realized His Entire Economic Policy Is A Disaster | ZeroHedge.com.
See also: Let's be honest — this isn't actually tax reform | TheHill.com.
  • Richest 1% Now Own More Than 50% of the World’s Wealth--Fortune.com: analysts at Swiss bank Credit Suisse say inequality is only going to get worse over the coming years, with millennials having a particularly tough time. The Global Wealth Report was released Tuesday together with a statement: "The outlook for the millionaire segment is more optimistic than for the bottom of the wealth pyramid.”
  • Public pensions all over the U.S. are in trouble, drastically understating the current value of future liabilities. In the opinion of Yale's Chief Investment Officer David Swensen, the  projected annual returns of many pension funds will be increasingly difficult to hit in the coming years.  Swensen told Bloomberg.com, despite achieving a 13.5% annual return over the past 32 years, he is now preparing university officials for much lower returns averaging around 5% for the foreseeable future.
  • Vanuatu: The Final Days of a Tax Haven | Bloomberg.com.
  • European Stocks Suffer Longest Losing Streak In Over A Year (As EU Credit Crashes) Nov 15, 2017--ZeroHedge.com.
  • Bitcoin Twice Burned--Mt. Gox’s bitcoin customers could lose again--Reuters.com. See also Tezos, a cryptocurrency that raised $232 million in July, is in crisis--"One of the biggest cryptocurrency crowdsales hasn’t lived up to the hype"--ArsTechnica.com.
  • Frothy: Da Vinci portrait of Christ sells for record $450.3 million in NYC--Reuters.com.
  • "How To Forecast Markets"--A Departing Top JPMorgan Strategist Reveals What He Learned After 30 Years--ZeroHedge.com"Markets are not Math or Engineering, but a forever learning and adapting system with all of us observing and participating from the inside."
  • Keep It Simple: 11 Rules for Equity Valuations | CFAinstitute.org: 1. Avoid Complexity. 
Editor's Note: Next week the New York Stock Exchange (NYSE) and NASDAQ will not open on Thursday, Nov 23, in observance of the Thanksgiving Day holiday, and both will close early at 1 p.m. EST on Friday, Nov 24.

5) ICYMI Tech News:

-- John Poole, Editor, Domain Mondo  

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DISCLAIMER

2017-11-17

Everybody Lies & Google Search Data Is Digital Truth Serum (video)

Google Is Digital Truth Serum

L2inc.com video above published on Nov 16, 2017: What do Google searches and Facebook posts reveal about the human psyche? Everybody Lies author Seth Stephens-Davidowitz delves into the internet's hidden truths in this special edition of Winners and Losers.

 Everybody Lies

What others say about the book Everybody Lies:
“This book is about a whole new way of studying the mind . . . an unprecedented peek into people’s psyches . . . Time and again my preconceptions about my country and my species were turned upside-down by Stephens-Davidowitz’s discoveries . . . endlessly fascinating.” — Steven Pinker, author of The Better Angels of Our Nature
“Move over Freakonomics. Move over Moneyball. This brilliant book is the best demonstration yet of how big data plus cleverness can illuminate and then move the world. Read it and you’ll see life in a new way.” — Lawrence Summers, President Emeritus and Charles W. Eliot University Professor of Harvard University
“Everybody Lies relies on big data to rip the veneer of what we like to think of as our civilized selves. A book that is fascinating, shocking, sometimes horrifying, but above all, revealing.” — Tim Wu, author of The Attention Merchants

Auto-generated transcript of the video via YouTube.com:


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DISCLAIMER

2017-11-16

Jamie Dimon, Chairman, President & CEO of JPMorgan Chase $JPM

Jamie Dimon, Chairman, President, and CEO of JPMorgan Chase

Stanford Graduate School of Business video above published Nov 9, 2017: Jamie Dimon, the Chairman, President, and CEO of JP Morgan Chase, at the inaugural session of the 2017 - 2018 View From The Top speaker series at Stanford GSB. Dimon discusses topics ranging from the dangers of bureaucracy to the validity of Bitcoin, to how dangerous a temper can be in the business world.

When asked how he ensures a fair and equal workplace, he said, “When you have an environment of trust and respect, people can shine. Go out of your way to make everyone accepted and you’ll build a great company."

Stock exchange: symbol  |  NYSE: JPM
 $JPM


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DISCLAIMER

2017-11-15

How Postmates Plans to Take on Amazon (video)

How Postmates Plans to Take on Amazon:

Bloomberg.com video above published Nov 8, 2017: Bastian Lehmann, Postmates Inc. chief executive officer, discusses the company's strategy for competing against Amazon.com Inc. He speaks with Bloomberg's Emily Chang on "Bloomberg Technology."

Postmates  (domain: postmates.com) is a logistics company that operates a network of couriers who deliver goods locally. Postmates' competitors include Amazon.com, Uber.com, Lyft.com, Waiter.com.
  • CEO: Bastian Lehmann (2011–)
  • Headquarters: San Francisco, CA
  • Founded: May 1, 2011
  • Motto: "Everyone's Favorite Delivery Service"
  • Founders: Bastian Lehmann, Sean Plaice, Sam Street


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DISCLAIMER

2017-11-14

Qualcomm $QCOM Rejects Broadcom's $105 Billion Offer, What's Next?

Qualcomm’s Board of Directors rejects Broadcom's bid

Fox Business video above published Nov 13, 2017: Rosecliff CEO Mike Murphy and Kelly & Co. Managing Partner Kevin Kelly on Qualcomm's decision to reject Broadcom's bid to buy the company.

Qualcomm Rejects Broadcom's $105 Billion Offer

Bloomberg.com video above published Nov 13, 2017: Qualcomm Inc. rejected a $105 billion acquisition offer from Broadcom Ltd., setting up a proxy battle to be decided by Qualcomm shareholders. Bloomberg's Ed Hammond reports on "Bloomberg Daybreak: Americas."

Analysis: Broadcom made the unsolicited offer last week to buy Qualcomm and become the world's dominant supplier of chips used in approximately 1.5 billion smartphones expected to be sold globally this year. Broadcom has a much better relationship with Apple than Qualcomm--Apple and Qualcomm are in multiple disputes concerning royalties and other issues.

What's next? Broadcom can meet with Qualcomm and raise its bid, engage in a proxy fight, or make a hostile exchange offer.

History of the Broadcom offer:

Nov 6, 2017: Qualcomm Confirms Receipt of Unsolicited Proposal from Broadcom | Qualcomm.com: "Qualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm” or the “company”) today confirmed that it has received a non-binding, unsolicited proposal from Broadcom Limited (NASDAQ: AVGO) to acquire all of the outstanding shares of Qualcomm for per share consideration of $60.00 in cash and $10.00 in Broadcom stock."

Nov 13, 2017: Qualcomm Board of Directors Unanimously Rejects Broadcom’s Unsolicited Proposal | Qualcomm.com: "Qualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm” or the “Company”) today announced that its Board of Directors unanimously rejected the unsolicited proposal announced by Broadcom Limited (“Broadcom”) on November 6, 2017. “It is the Board’s unanimous belief that Broadcom’s proposal significantly undervalues Qualcomm relative to the Company’s leadership position in mobile technology and our future growth prospects,” said Paul Jacobs, Executive Chairman and Chairman of the Board of Qualcomm Incorporated. “No company is better positioned in mobile, IoT, automotive, edge computing and networking within the semiconductor industry. We are confident in our ability to create significant additional value for our stockholders as we continue our growth in these attractive segments and lead the transition to 5G,” said Steve Mollenkopf, Chief Executive Officer of Qualcomm Incorporated. “The Board and Management are singularly focused on driving value for Qualcomm’s shareholders. After a comprehensive review, conducted in consultation with our financial and legal advisors, the Board has concluded that Broadcom’s proposal dramatically undervalues Qualcomm and comes with significant regulatory uncertainty. We are highly confident that the strategy Steve and his team are executing on provides far superior value to Qualcomm shareholders than the proposed offer,” said Tom Horton, Presiding Director for Qualcomm Incorporated."

Nov 13, 2017: Broadcom Remains Fully Committed to Acquisition of Qualcomm | Broadcom.com: "Broadcom Limited (NASDAQ: AVGO) ("Broadcom"), a leading semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, today announced that it remains fully committed to pursuing its acquisition of Qualcomm Incorporated (NASDAQ: QCOM) ("Qualcomm"). Broadcom's offer of $70.00 per share, which consists of $60.00 in cash and $10.00 per share in Broadcom shares, represents a 28% premium over the closing price of Qualcomm's common stock on November 2, 2017, the last unaffected trading day prior to media speculation regarding a potential transaction, and a premium of 33% to Qualcomm's unaffected 30-day volume-weighted average price. The Broadcom proposal stands whether Qualcomm's pending acquisition of NXP Semiconductors N.V. ("NXP") is consummated on the currently disclosed terms of $110 per NXP share or is terminated. Hock Tan, President and Chief Executive Officer of Broadcom, stated, "This transaction will create a strong, global company with an impressive portfolio of industry-leading technologies and products, and we have received positive feedback from key customers about this combination. We continue to believe our proposal represents the most attractive, value-enhancing alternative available to Qualcomm stockholders and we are encouraged by their reaction. Many have expressed to us their desire that Qualcomm meet with us to discuss our proposal. It remains our strong preference to engage cooperatively with Qualcomm's Board of Directors and management team.""

QualcommNASDAQ: QCOM
QUALCOMM, Inc.
NASDAQ: QCOM Monday, Nov 13, 2017, 4:53 PM EST: $66.49 UP $1.92 (+2.97%)
After-hours: 66.49  (0.00%); Mkt cap: 98.02B; P/E ratio: 40.21; Div yield: 3.43%
(source: link above)

BroadcomNASDAQ: AVGO
Broadcom Ltd
NASDAQ: AVGO Monday, Nov 13, 2017, 4:45 PM EST: $265.01 UP $0.05 (0.02%)
After-hours: 265.01 (0.00%); Mkt cap: 108.12B; P/E ratio: 217.73; Div yield: 1.54%
(source: link above).

Qualcomm (domain: qualcomm.com) is a U.S.-based multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services, deriving most of its revenue from chipmaking and the bulk of its profit from patent licensing businesses. The company headquarters are in San Diego, California, and the company has 224 worldwide locations. The parent company is Qualcomm Incorporated (Qualcomm), which includes the Qualcomm Technology Licensing Division (QTL). Qualcomm's wholly owned subsidiary, Qualcomm Technologies, Inc. (QTI), operates substantially all of Qualcomm's R&D activities, as well as its product and services businesses, including its semiconductor business, Qualcomm CDMA Technologies. Qualcomm has a pending acquisition of NXP and is in litigation with Apple.

Broadcom Limited (domain: broadcom.com) (formerly Avago Technologies) is a designer, developer and global supplier of products based on analog and digital semiconductor technologies within four primary markets: wired infrastructure, wireless communications, enterprise storage and industrial & others. Hock Tan is the company's president and CEO. The company is incorporated in Singapore, and is co-headquartered in San Jose, California and Singapore, but has announced plans to redomicile in the United States. Avago took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired.

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DISCLAIMER

2017-11-13

Will China's Tencent Rescue Snapchat and $SNAP Shareholders? (video)

Tencent Gets Social With a Stake in Struggling Snap

China's Tencent Holdings Ltd (domain: tencent.com) has taken a 12 percent stake Snap Inc. (NYSE: SNAP) (domain: snap.com). Michael Pachter, analyst at Wedbush Securities, examines Snap Inc.'s disappointing third-quarter results and Tencent's acquisition of a stake in the social media company. He speaks on "Bloomberg Daybreak: Americas." Bloomberg.com video above published Nov 8, 2017.

Stock Exchange: Tencent shares |  HKG: 0700:
Tencent shares up 100% since Nov 14, 2016
See also:
  • Tencent sees video games, more ads in Snapchat's future--Reuters.com.
  • Tencent (domain: tencent.com) is one of the world's biggest investment corporations, one of the largest internet companies, as well as the most valuable gaming company in the world. Its many services include social network, web portals, e-commerce, mobile games, smartphones, and multiplayer online games. Its offerings in China include instant messenger Tencent QQ, web portal QQ.com, and WeChat, the dominant chat service in China.--Wikipedia.org
Tencent's headquarters: Nanshan District, Shenzhen, China; and a registered office in the Cayman Islands.

Tencent's WeChat: Transforming Business

More more about WeChat's offerings for businesses, developers, and partners at open.wechat.com. WeChat video above published Oct 17, 2016.

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2017-11-12

News Review | Warning To dotBRANDS & Moment of Truth at ICANN60

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2017-11-12) with analysis and opinion: Features •  1) Warning To dotBRANDS & Moment of Truth at ICANN60, 2) Other ICANN news: a. SSR2-RT Status Report, b. Emoji in Domains, c. New gTLDs Collisions, and more, 3) Names, Domains & Trademarks: Trademark King, Domain Registration in China, Verisign at Techweek Los Angeles, David Redl in at NTIA.doc.gov, Trump Domains Hijacked, and more, 4) ICYMI Internet Domain News, 5) Most Read Posts.

1) a. Warning to dotBRANDS at ICANN60: 
Brand Registry Group Update (pdf) dotBrand Trends and Use Cases, Thursday, 2 Nov 2017:
graphic "dotBrands - ICANN New gTLD 2012 Application Round"
graphic "dotBrands Operational Concerns - Universal Acceptance - email - UASG"
Editor's Note - Translation: that fancy dotBRAND new gTLD (for which you paid ICANN $185,000 upfront), will likely not work as expected on the internet, including in email applications. For more info: News Review: ICANN's Extortionate .BRAND Scam Failing.

1) b. Moment of Truth at ICANN60: 
GNSO - NCSG Meeting 31 October 2017 re: Consumer Safeguards (video beginning at 2:20:00):

Question to ICANN's Consumer Safeguards Director Bryan SchillingWhat are the protections that are in place for [domain name] registrants?
screenshot of ICANN's Consumer Safeguards Director Bryan Schilling at ICANN60
Schilling's answer: "I don’t know, I can get back to you on that."

[Editor's note: #Clueless]

2) Other ICANN news
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a. SSR2 Review Team Work STATUS Report 11 Nov 2017: Work SUSPENDED (pursuant to directive of ICANN Board of Directors, 28 Oct 2017, accepted by ICANN AC/SOs (pdf). Restart date TBD, latest correspondence.

b. Use of Emoji in Domain Names--Approved Board Resolutions | Regular Meeting of the ICANN Board 2 Nov 2017 | ICANN.org: "... Whereas, the SSAC report concluded that emoji should not be included in TLD labels and strongly discouraged the registration of any domain name that includes emoji in any of its labels ... Resolved (2017.11.02.09), the Board hereby directs that conformance to IDNA2008 and its successor will continue to be a necessary condition to determine valid IDN TLD labels. Resolved (2017.11.02.10), the Board requests that the Country Code Names Supporting Organization (ccNSO) and the Generic Names Supporting Organization (GNSO) engage with the SSAC to more fully understand the risks and consequences of using a domain name that includes emoji in any of its labels, and inform their respective communities about these risks. Resolved (2017.11.02.11), the Board requests that the ccNSO and GNSO integrate conformance with IDNA2008 and its successor into their relevant policies so as to safeguard security, stability, resiliency and interoperability of domain names."  [Editor's Note: A cynic might say "Oh, go ahead and use the emojis, after all, ICANN delegated over 1200 new gTLDs into the root KNOWING most would FAIL TO WORK as expected on the internet--what's a few more defective gTLDs?"]

c. New gTLDs & Domain Name Collisions--Approved Board Resolutions | Regular Meeting of the ICANN Board 2 Nov 2017 | ICANN.org--"the Board has considered the applications for .CORP, .HOME and .MAIL and determined to defer delegation of these names indefinitely because of collisions. [Editor's note: good idea. Too bad the ICANN Board 2012-2014 wasn't as careful about new gTLDs "failing to work as expected on the internet" which ICANN had known about since at least 2003!]  A name collision occurs when an attempt to resolve a name used in a private name space (e.g. under a non-delegated Top-Level Domain, or a short, unqualified name) results in a query to the public Domain Name System (DNS). When the administrative boundaries of private and public namespaces overlap, name resolution may yield unintended or harmful results. This class of as-yet undelegated strings is referred to as “Collision Strings.” In some cases, the unintended or harmful results of delegating Collision Strings may be considered “high-risk” ... the Board is ... requesting that the SSAC conduct a thorough study and provide advice to the Board regarding the risks posed to users and end systems if .CORP, .HOME, .MAIL strings were to be delegated in the root." See also: IDN Relevant Board Resolutions | ICANN.org.

d. Office of the Chief Technology Officer Document Archive | ICANN.org: Update on Postponing the Root KSK Roll.

e. ICYMI: New gTLD .WEB Appeal by Ruby Glen (Donuts), ICANN's Answering Brief --Editor's note: a "must read" if you want to know what is really going on re: .WEB and how Donuts, like many other new gTLD applicants, has probably made most of its money thus far with ICANN's new gTLDs (hint: gaming in the private new gTLD auctions), with analysis you will not find anywhere else on the web).

f. ICANN61 | San Juan Updates
graphic: "ICANN61 | San Juan" ©2017 DomainMondo.com
3) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
•  Trademark King? Thousands more trademarks linked to Michael Gleissner unearthed; leading in-house lawyer calls for action | WorldTrademarkReview.com"Nearly 2,000 additional applications seemingly linked to entrepreneur revealed, some appear to be for terms associated with established, well-known brands. Leading in-house lawyer calls on IP bodies to do more and offer guidance."

• Domain Name Registration in China: An updated (Aug 2017) regulation, adopted by the Ministry of Industry and Information Technology, requires registrars to verify the accuracy of information submitted by registrants. Registrars must not share the information with third parties without consent from the registrants who are also required to register any changes to their identity and contact info within 30 days--Xinhuanet.com.

• Verisign at Techweek Los Angeles (techweek.com/losangeles), Thursday, Nov 16 • 12:10-12:40pm, at The Broad Stage 1310 11th St, Santa Monica, CA 90401: "Building Your Online Presence hosted by Verisign: Join Ebrahim Keshavarz, Verisign SVP of Product Management and one of the top minds behind Verisign.com’s innovative names suggestion service and Alexandra Watkins, Brand Name Expert (domain: eatmywords.com) and Author, for a fireside chat as they discuss how this useful tool can help you find the perfect domain name to build your brand online and grow your business(emphasis and links added).

•  NTIA.doc.gov: David Redl, President Trump’s nominee to head the National Telecommunications and Information Administration (NTIA), was approved by the Senate on Nov 7, 2017--TheHill.com.

• Trump Domains Hijacked: According to security experts, hackers hijacked the web addresses by penetrating and altering domain registration records at registrar GoDaddy.com--news-herald.com.

•  KF.org UDRP Claimant John S. and James L. Knight Foundation, Inc., DENIED Relief: "Complainant has acknowledged Respondent’s rights and legitimate interests in the domain name through its offer to purchase the name for $20,000."--adrforum.com

• Bad actors on the web are now using a combination of Google search-engine optimization (SEO) for banking-related keywords, compromised websites that rank high in Google Search results, and malicious Word macros to infect users with the Zeus Panda bank credential stealer.--ZDNet.com and Poisoning the Well: Banking Trojan Targets Google Search Results | Talos Group at Cisco | talosintelligence.com.

• The Dark Web"... the deep web makes up most of the internet ... [m]uch of the content here is only available through the intranet — a private network — and includes things like medical and financial records, content from academic databases and government resources. Further below, under the cover of encrypted technology, lies the dark web. Google does not index the dark web ... How do you access the dark web? ... It can only be accessed through a program called Tor, which stands for The Onion Router. On Tor, the sites have a .ONION domain name ..."--KSL.com.

•  Sci-Hub blocked by Court Order: Internet search engines, web hosting sites, internet service providers (ISPs), domain name registrars and domain name registries ordered to cease facilitating “any or all domain names and websites through which Defendant Sci-Hub engages in unlawful access to, use, reproduction, and distribution of the ACS Marks or ACS's Copyrighted Works.” --ScienceMag.org.

•  [gnso-rpm-wg] Change in Status | mm.icann.org"Dear WG Members: I have today, November 6, 2017, terminated all operations of the Virtualaw LLC consultancy and commenced employment in the legal department of Verisign, Inc. in the position of Policy Counsel. I intend to continue in my co-chair position, and will update my SOI prior to our next call."--Philip S. Corwin.

4) ICYMI Internet Domain News: 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
•  United Arab Emirates: Seven Months After Completing His Sentence, Blogger Osama Al-Najjar Remains in Prison | GlobalVoices.org.

•  Data, Privacy, & Liability: Data Breaches and Damages--Equifax Discloses its Coming Nightmares | WolfStreet.com Nov 10, 2017.

• Internet Association Endorses Internet Censorship Bill | Electronic Frontier Foundation | EFF.org"... Just a few hours after Senator Thune’s amended version of SESTA surfaced online, the Internet Association rushed to praise the bill’s sponsors for their “careful work and bipartisan collaboration.” The compromise bill has all of the same fundamental flaws as the original. Like the original, it does nothing to fight sex traffickers, but it would silence legitimate speech online ..." See also Why Google and Facebook folded on sex-trafficking bill--"the first major legislative defeat for tech giants Google and Facebook"--Axios.com.

•  China’s Severe Curbs on the Internet Leave Little to Censor | Bloomberg.comPresident Xi Jinping is the "first Chinese leader to truly understand the power of the internet, and hence we are seeing an unprecedented crackdown on dissenting information.”

• Federal move to undo internet freedom would make US more like Russia, not less | TheHill.com: "... According to the bill’s own legislative findings and its sponsors’ remarks, more than $1.4 billion was spent on online political advertising last year. Of that amount, some $100,000 (less than 0.01 percent) has been reported thus far as coming from Russian interests. But S.1989 fails at even a perfunctory attempt to target foreign interference. Instead, the bill would almost entirely regulate Americans ..." See also New York Times' Assault on Press Freedom"The New York Times, which once postured as the champion of a free press, now is seeking crackdowns on news that the public gets from the Internet under the guise of combating “Russian propaganda”--Consortiumnews.com.

 FCC Chairman Ajit Pai's Rollback of 'Open Internet Order' at Risk in States | USnews.com"The FCC chairman shouldn't allow states to undermine the rollback of Title II regulations ... Simply put, the U.S. is an attractive market with a common language, common currency and common regulatory policy supporting private infrastructure investment, including wireless and wireline networks delivering internet connection. This is not the case in the European Union, where innovators have to contend with 28 nations, 24 languages and 17 currencies ..."

•  How Level 3's Tiny Error Shut Off the Internet for Parts of the U.S. | WIRED.com.

•  AndrĂ© Staltz: The Web began dying in 2014, here's how | staltz.com

5) Top 3 Most Read Posts this past week on DomainMondo.com: 
graphic "Domain Mondo" ©2017 DomainMondo.com
1. News Review | ICANN60: ICANN Board Crashes The Party in Abu Dhabi
2. New gTLD .WEB Appeal by Ruby Glen (Donuts), ICANN's Answering Brief
3. Tech Review | Russia, Tech, & Elections: We Have Met The Enemy, She Is
-- John Poole, Editor, Domain Mondo 

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DISCLAIMER

2017-11-11

Tech Review | Alibaba $BABA Singles Day Brings in $25 Billion (video)

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2017-11-11)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) Alibaba $BABA Singles Day Brings in $25 Billion (video), 2) Your Next Bank: Amazon, Apple, Facebook, or Google? 3) Investing, 4) ICYMI Tech News.

1) Alibaba Singles Day Could Bring in $24 Billion

UPDATE Nov 11, 2017: Alibaba Singles' Day Posts Record 168 Billion Yuan ($25.3 billion) in Sales | Bloomberg.com. Alibaba's Singles Day in China is the biggest shopping event of the year. Bloomberg.com's Tom Mackenzie reports in the video above on "Bloomberg Daybreak: Asia." See also Alibaba's Singles' Day, China's 24-hour online shopping binge, tops $1.5 billion in first three minutes--Reuters.com.

2) Your Next Bank: Amazon, Apple, Facebook, or Google?
3) Investing
graphic “Investing” ©2017 DomainMondo.com
a. The Week--Possible tax reform delay in D.C. initiated a pause in the Trump Rally on Wall Street--for the week, the Dow fell 0.5% while the S&P 500 index and NASDAQ each lost 0.2%. The Dow and S&P 500 had risen for eight straight weeks, and the NASDAQ for six straight weeks. All three indexes are still hovering near record levels.

b. Investing Notes:
  • Jeremy Grantham Predicted Two Previous Bubbles. And Now? | WSJ.com: "He thinks U.S. stocks and bonds will fail to generate inflation-beating returns over the next seven years, but he doesn’t see an imminent crash in share prices."
  • InvestorPlace.com: Why Investors Should Stay Cautious on Alibaba Group Holding Ltd $BABA: "Alibaba still is the largest capitalist business in what remains a controlled, nominally Communist economy ... Meanwhile, competition is on the way. Second-place JD.Com Inc (ADR) (NASDAQ:JD) steadily is taking market share ... Amazon reportedly has ceded the Chinese market to Alibaba, but it also will stand in the way of any expansion beyond China ..."
  • China widens foreign access to its giant financial sector: The move was announced Friday by vice finance minister Zhu Guangyao, a day after U.S. President Donald Trump reiterated calls for better access to Chinese markets in meetings this week with Chinese President Xi Jinping--Reuters.com.
  • Housing "Investment" & Tax Reform"Many Americans think that a home is a good investment, but the numbers don’t support it."--Bloomberg.com.
  • The Broadcom (NASDAQ: AVGO), Qualcomm and NXP Deal--SeekingAlpha.com.
  • Why an ailing eurozone still requires extreme treatment | FT.com: "... These extreme [ECB] policies are needed because the eurozone economy is in such bad shape. It is getting better for sure, but we are looking at a decade-long recovery. It is thus meaningless to compare the relatively high current growth rates in the eurozone to that of the UK or the US. Neither experienced an economic shock on the scale of the eurozone’s ... There is another, unspoken reason, why the ECB continues to buy assets — if it were to stop, the eurozone crisis might return ... the ECB may never be able to stop them." See also Financial Storm Clouds Gather Over Italy | WolfStreet.com.

4) ICYMI Tech News:
Note: Original post title "Tech Review | Alibaba $BABA Singles Day Could Bring in $24 Billion (video)."

-- John Poole, Editor, Domain Mondo  

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2017-11-10

Electric Cars Will Come of Age in 2018, China Largest Market (video)

Electric cars will come of age in 2018

The Economist (economist.com) video above published Oct 18, 2017:
"2018 is set to be the year the world fully embraces the electric car. We’ll see a global tipping point for drivers as electric models start competing with petrol and diesel cars head-to-head. But we’ll also be confronted with the uncomfortable truth about the impact of going electric. They've long been vaunted as the vehicle of the future but from laughing stock in the mid-1980s to rising stock today electric cars have come of age. Companies are clambering to take the lead with billions in investments and promises to make the switch, but it’s pressure from governments that's driving this push from the industry. It's an unlikely country that's leading the pack. In 2016 China brought more than 40 percent of the world's electric cars. These fume free cars will make our cities cleaner but uncomfortable truths lurk behind the electric car revolution. The rise of electric cars will challenge the world's thirst for oil. It could spark a global shift of power from countries that have enjoyed the influence that oil has bought. Beyond oil, attention will turn to lithium electric car batteries which rely on the mineral Cobalt. Two thirds of the world's cobalt comes from one country, the Democratic Republic of Congo. Demand for cobalt has doubled over the past five years and is set to triple by 2020. But the electric car revolution is coming. After 2018 there will be no turning back."
Electric Cars (EVs) Are a Hit With Chinese Consumers

Wall Street Journal video above published Oct 2, 2017: China is the world's largest market for electric vehicles, thanks largely to subsidies that drive costs down. Those incentives will end by 2020, but the government is betting that won't be the end of the road for its electric dream. Photo/Video: Eva Tam/The Wall Street ​Journal​ (wsj.com)



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2017-11-09

Tucows $TCX Q3 2017 Earnings, LIVE Webcast, Nov 9, 5pm ET

$TCX shares up over 100% YOY as of Nov 8, 2017
Tucows Inc. (NASDAQ: TCX, TSX: TC) reported its third quarter fiscal 2017 financial results via news release on Thursday, November 9, 2017: Q3 Release (excerpt below). See also: Q3 2017 Financial Statement (PDF).

Note: $TCX shares have initially declined in after-hours trading as EPS and revenue missed estimates.

Conference call LIVE webcast Nov 9, 2017, at 5:00 p.m. ET to discuss the results and the outlook for the company, via http://www.tucows.com/investors, and also accessible by dialing 1-888-231-8191 or 647-427-7450.

Replay of the call available (approximately one hour after completion of the call) via the link above or by telephone (1-855-859-2056 or 416-849-0833 and enter the pass code 3676019 followed by the pound key). The telephone replay will be available until November 16, 2017 at midnight. To access the archived conference call MP3: http://www.tucows.com/investors/financials/.

Financial Results Release excerpt:
"Net revenue for the third quarter of 2017 increased 73% to $85.0 million from $49.1 million for the third quarter of 2016. Net income for the third quarter of 2017 decreased 27% to $3.4 million, or $0.33 per share, from $4.7 million, or $0.45 per share, for the third quarter of 2016. Adjusted EBITDA1 for the third quarter of 2017 increased 9% to $9.4 million from $8.6 million for the third quarter of 2016. The increase in adjusted EBITDA1 was largely the result of the acquisition of Enom in January 2017 and, to a lesser extent, continued growth in the Company’s incumbent Domains business. Year-over-year growth in adjusted EBITDA1 was negatively impacted by two factors that benefitted the third quarter of 2016. Ting Mobile received a cost decrease from its network suppliers in advance of permanently passing the decrease on to customers. In addition, the Company recorded a reversal of an overachievement bonus accrual of in the third quarter of 2016 that was not repeated in the third quarter of 2017. These one-time occurrences inflated third quarter 2016 adjusted EBITDA1 by more than $0.9 million. Cash and cash equivalents at the end of the third quarter of 2017 were $12.5 million compared with $15.1 million at the end of the second quarter of 2017 and $10.5 million at the end of the third quarter of 2016."

About Tucows (source: Tucows Inc.): Tucows, Inc. is a provider of network access, domain names and other Internet services. Ting (ting.com) delivers mobile phone service and fixed Internet access with outstanding customer support. Registrars OpenSRS (opensrs.com) and Enom (enom.com) manage a combined 29 million domain names and millions of value-added services through a global reseller network of over 40,000 web hosts and ISPs. Registrar Hover (hover.com) also provides domain name registration services for individuals and small businesses. More information on the Tucows’ corporate website (tucows.com). Tucows, Ting, OpenSRS, Enom and Hover are registered trademarks of Tucows Inc. or its subsidiaries.
Twitter: @tucows


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