2017-09-16

Tech Review | Hurricane Irma: Using Tech For Disasters & Recovery

Tech Review (TR 2017-09-16)--Domain Mondo's weekly review of tech news:
Features • 1) Hurricane Irma: Using Tech For Disasters & Recovery, 2) New Apple iPhones Too Expensive?, 3) Bitcoin a "fraud", 4) Investing: Tax Reform and Things the Market Does Not Care About5) ICYMI Tech News.

1) Hurricane Irma: using tech for disasters & recovery:
Google Crisis Maps: http://google.org/crisismap/2017-irma and http://google.org/crisismap/
Florida Power & Light (FPL) Update: https://www.fplmaps.com/
See also: Harvey and Irma scams"Real websites for first responders, insurance companies, construction, medical and other vital organizations in the Florida and Texas areas — are being targeted by these malicious spoofed domain registrations."--circleid.com

2)  New Apple iPhones Too Expensive? Lucky 8? $1,000 price tag dampens iPhone enthusiasm in China | Reuters.com--iPhone’s share of China’s smartphone shipments fell to 9 percent in January-June, down from 14 percent in 2015 (source: CounterpointResearch.com data). See also Apple $AAPL Special Event: iPhone X, iPhone 8, iPhone 8 Plus & More | DomainMondo.com.

3)  Bitcoin a "fraud"--JPMorgan's Jamie Dimon calls bitcoin a 'fraud' | TheHill.com: “It’s a fraud” ... “worse than tulip bulbs" ... “You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart" ... [it] "won’t end well." See also  China to Shut Bitcoin Exchanges | WSJ.com Sep 11, 2017: "Authorities to ban commercial trading of all virtual currencies."

4) Investing: 
Tax Reform: "Treasury Secretary Steven Mnuchin saying he will eliminate the carried interest tax loophole."--YouTube.com and US Senate Finance Committee hearing 10:00 am EDT, Tuesday, Sep 19, 2017,  on Business Tax Reform, a big issue for tech, internet and telecom companies.

Things the Market Does Not Care About:
  • "... Your feelings. Emotions usually get in the way of investment success but the markets have no sympathy if you get too excited, nervous, scared or greedy about your holdings. Taking things too personal is a great way to make poor decisions when money is at stake ...
  • How successful you are. Success in other areas of life doesn’t always translate into success in the markets. Personalizing your successes can set you up for failure if you become too overconfident in your own abilities ... 
  • Your political views. Markets are apolitical. They don’t care who you voted for, which cable news network you watch or what your ideological leanings are. 
  • How much money you made on your last trade. Investors have a memory but the markets do not. One winning trade has no bearing on your future trades ..."--awealthofcommonsense.com

5) ICYMI Tech News:

-- John Poole, Editor, Domain Mondo  

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