Tech Review (TR 2018-11-24)--Domain Mondo's weekly review of tech investing news with commentary, analysis and opinion: Features • 1) Apple's Core Problems, 2) High Tech Wars of the Future, 3) Investing: The Week, Investing Notes, 4) ICYMI Tech News.
1)
Tech Share Rout: Apple's Core Problems
The iPhone maker,
Apple (apple.com)
$AAPL, has been hit as investors worry over sales and US-China tensions. Financial Times (ft.com) video above published Nov 21, 2018.
NASDAQ: AAPL:
2) High Tech Wars of the Future
U.S. scientists prepare for high-tech wars of the future: the U.S. is investing in robotics and artificial intelligence as it races against China to develop the weapons of the future. The FT.com’s US foreign policy and defense correspondent Katrina Manson visits the US Army Research Lab to meet the scientists working on the latest tech developments. Financial Times (ft.com) video above published Nov 16, 2018.
3) Investing
The Week: NASDAQ Composite -4.3% |
S&P 500 Index -2.8% |
DJIA -4.4%
 |
| Headwinds ©2018 DomainMondo.com |
Investing Notes:
- Jim Chanos's Kynikos Associates LP buys Vanguard S&P 500, Vanguard Value, iShares S&P Mid-Cap 400 Growth--gurufocus.com
- EU troubles: Eurozone, Italy, Immigration, and Brexit--Editor's note: why invest in someone else's mess?
- China: more nations voice concerns over Chinese investment--'here, borrow some money from us'--chinaeconomicreview.com. Editor's note: a/k/a the Chinese "Extortionate Debt Trap."
- Bitcoin hit its lowest level in more than a year on Monday, falling under $5,000, while the entire cryptocurrency market cap lost about $40 Billion in the prior week--cnbc.com. Editor's note: until such time as Bitcoin, or some other crypto, becomes "legal tender" in a respected jurisdiction (sorry Venezuela doesn't qualify), the entire market is pure speculation subject to multiple scams. The U.S. government (CFTC) treats cryptocurrencies as commodities and the IRS taxes them as "property" Have you reported your crypto holdings and transactions, paid applicable property taxes on your holdings, and applicable income taxes? Oh, and by the way, the U.S. government does not accept any crypto as payment for taxes.
4) ICYMI Tech News:
Not All Clouds Are Equal: Key findings of the 2018
ThousandEyes Public Cloud Performance Benchmark Report: "Architectural differences between providers impacts service delivery: AWS (Amazon) sends traffic over the Internet for the majority of the service delivery path, whereas GCP (Google) and Azure (Microsoft) do not, instead using their own backbone networks. Increased exposure to the Internet means there is greater operational risk and impact on performance predictability ..." Learn more:
Download the 2018 ThousandEyes Public Cloud Performance Benchmark Report; also
Register for the webinar, "Cloud Wars: Performance Benchmarking AWS, GCP and Azure," taking place December 6, 2018 at 10:00 AM PST.
Apple CEO Tim Cook: new
regulations on the
tech industry ‘inevitable’--
"Generally speaking, I am not a big fan of regulation," Cook told Axios on HBO. "I'm a big believer in the free market, but we have to admit when the free market is not working. And it hasn't worked here." See also
Washington pummels Facebook: ‘Big tech can no longer be trusted’--
recode.net.
US-based
Kroger and UK-based
Ocado to build first robotic warehouse in Cincinnati in a joint effort to dominate the U.S. grocery delivery business--
reuters.com.
US tops world in internet development, with
China in second place, said China's Academy of Cyberspace Studies, an institute affiliated with the Cyberspace Administration of China, in its second annual World Internet Development Report. According to the report, the US leads in innovation, industry development and security. Also
four U.S. companies,
Tesla, Amazon, Microsoft and
Qualcomm, were the only non-Chinese companies receiving special mentions at China's recent
World Internet Conference 2018 in Wuzhen, along with eleven Chinese companies--
scmp.com.
