Showing posts with label Oracle. Show all posts
Showing posts with label Oracle. Show all posts

2019-06-30

News Review | ICANN65 Recap, Regulatory Capture at ICANN

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2019-06-30) with analysis and opinion: Features •  1) ICANN65 Recap 2) Regulatory Capture at ICANN  Update,  3) Names, Domains & Trademarks: a. Oracle Dyn, b. GoDaddy, c.Tucows, d.Fraudsters, e. Phishing, f. FUCT,  4) ICYMI: a. Google, b. Amazon, c. Privacy, d. Ethiopia, e. Ransomware,  f.DNS Attack, 5) Most Read.
”One of the advantages of leaving MMX is that I am finally done with ICANN ... one of the single worst organizations I have come across on this planet."--Fred Krueger
1) ICANN65 Recap
 ICANN65 | Marrakech
Editor's noteICANN65 was a rather more dreadful ICANN meeting than usual, perhaps due to a confluence of factors demonstrating how incompetent, corrupt, and unfit ICANN is:
Read more below at 2) Regulatory Capture at ICANN?
The truth about Kurt Pritz & ICANN? Read this.
Next EPDP Phase 2 Meeting July 11, 2019Jun 27 meeting notes & action items.
ACTO countries: Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname, Venezuela.
Read last week's News Review, and News Review 2)a. 2019-06-02, and note the .AMAZON applications are "on hold" due to Colombia's Request for Reconsideration which raises the same point I raised in News Review 2)b. 2019-05-26"the .AMAZON applications now violate Specification 13 ..."
GAC Communique: "... V. Follow-up on Previous Advice - The following items reflect matters related to previous consensus advice provided to the Board. 1. .AMAZON applications: The GAC asks the Board to explain in writing whether and why it considers that its decision to proceed with the .AMAZON applications, based on a proposal [17 April 2019] that the eight Amazon countries considered did not address their concerns, complies with GAC Advice ...." See also Video of GAC - ICANN Board .AMAZON discussion (1:07:50 - 1:55:00) at ICANN65.
"This is a distraction from the EPDP Team’s work. We were informed that the TSG was a purely technical exercise. Now, we are being told this model is being taken to the DPAs. This has confirmed the fears this Team had regarding the TSG. It is not ICANN org or the TSG’s job to be developing policies - it is the ICANN community’s job."--EPDP feedback to ICANN Org
Another Reason Why ICANN's New gTLDs Program is Ill-Conceived & Corrupt.
Another Reason Why ICANN's New gTLDs Program is Ill-Conceived & Corrupt.
CCT and RPM implementation complete?--Next Round of new gTLDs in 2028?
Déjà vu: ICANN 52, Universal Acceptance, New gTLD Domain Names "break stuff"

See also  ICANN65 | Marrakesh, Morocco, 24-27 June 2019 Post-Meeting Report (when available).

2) Regulatory Capture at ICANN?
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
UPDATE 3 July 2019: Letter from ICA to ICANN re: .ORG Renewed Registry Agreement (pdf), ICANN Reply (pdf) 26 July 2019.

'UPDATE 2 July 2019: Mainstream Media 'gets it' re: .ORG - ICANN Captured, Corrupt, Incompetent, Unfit: ICANN Just Threw Away the Multistakeholder Model

UPDATE 1 July 2019: CAPTURE Complete--"On 30 June 2019, ICANN (Internet Corporation for Assigned Names and Numbers) and Public Interest Registry, entered into a renewal Registry Agreement (pdf) [removing all price caps on .ORG domain names] under which Public Interest Registry operates the .org top-level domain."--ICANN.org. See also Addendum to .ORG Registry Agreement (pdf). Same result for .info, .biz and .asia.

See also ICANN Fails the Internet Community, allows an unlimited non profit tax | reviewsignal.com: "... The 96 page contract is identical from when it was proposed to [be] signed. The multi stakeholders and bottom up process that is supposed to govern ICANN policy? Ignored. The public outcry was nearly universally against this change. They weren't listened to at all. Did ICANN's board vote on the proposed contract after being briefed about the public outcry? As of [this] writing, I couldn't find any evidence in ICANN's board activity page. No agenda, no minutes, no resolutions, no briefing material, no preliminary report. Did ICANN staff simply push through this contract without a board vote? ..."
----------------
Original entry: The Case for Regulatory Capture at ICANN--https://reviewsignal.com/blog/2019/06/24/the-case-for-regulatory-capture-at-icann/  by Kevin Ohashi--excerpt (Conclusion) below, with an in-depth examination of the conflicts of interest and corruption rampant within ICANN and its processes, specifically in reference to the .ORG price cap issue, with numerous individuals and organizations cited, including Public Interest Registry (PIR), Internet Society, Verisign, Shane Tews, Steve DelBianco, Jonathan Zuck, Greg Shatan, Judith Hellerstein, Maureen Hilyard, and more.

Conclusion
"The public interest is at best being represented, in majority, by people tied up in potential conflicts of interest in the given matter. At worst, it looks like special interest groups for VeriSign and The Internet Society (ISOC) / Public Interest Registry have captured multiple groups at ICANN and are trying to use it to line their organizations' pockets.

"This appears to be a case study in regulatory capture. Beyond public outcry, there appears to be very little stopping ICANN from simply pushing through these contracts despite overwhelming evidence that the average internet user isn't in favor of these changes. There is virtually no meaningful argument in favor of removing price caps, unless you accept that it would be administratively easier for an organization with hundreds of millions of dollars in the bank. There is a bizarre free market argument that falls apart when you realize the cost of lock-ins for using a domain name and creating a web presence on any domain. .ORG is a thirty million dollar subsidy to the Internet Society (via PIR) which outsources, via competitive bid, the actual registry services. And they want the ability to charge more, at the expense of every other non profit. Their interests strongly align with VeriSign, who most likely see .ORG as the last hurdle before getting .COM and .NET to have price caps removed and increase their bottom line even more in their non competitive monopoly contract.

"The only step left before these changes go into effect, that I am aware of, is board approval. I think it probably will go through unless there is a tremendous amount of attention brought to the issue. I'm not only concerned about price caps on .ORG, but structurally the only people who can invest so much time and money participating in ICANN are the organizations which stand to financially gain the most. Who is representing the public interest? Registry groups appear to have a strong voice within the ICANN community. Finally, I also worry about potential conflicts of interest at the board level, which has twenty members. Five ICANN board members were or are connected to ISOC (1,2,3,4,5). One is a former board member of PIR as well. I hope they recognize their responsibility to do what is right for everyone and not the select few registry operators in this instance." (emphasis added)

3) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
Editor's noteremember all the lies touting new gTLDs used by incompetent ICANN Org management and staff, the unethical ICANN Board of Directors, and the corrupt   "ICANN community" con artists, including their preposterous growth projections?
 Oracle Dyn Domain Registration
https://dyn.com/domain-registration/

"I can't find anything online yet and waiting for the office to open to confirm. Going to be a pain in the ass, we have over 500 domains with them and was trying to add more this morning and rejected ... Oracle Dyn is no longer offering Domain Registration, Standard DNS, and Secondary DNS. Customers with existing service should monitor the email associated with their account for further communication."--source: Reddit.com.

a. Oracle laid off sales and marketing staffs at Dyn (n/k/a Oracle Dyn / Oracle America, Inc.), a formerly independent DNS services provider and domain name registrar it acquired in 2016 for $600 million. Dyn users are getting "EOL" or end-of-life notices for products, and Oracle Dyn's landlord has put Dyn's offices in Manchester, N.H., up for lease, leading some to speculate more layoffs are to come.

b. Should I register a domain with GoDaddy?-- Benny from Pasadena. "Benny wants to create a website and wants to know if he should register a domain with GoDaddy. Leo says NO. He hates GoDaddy and their questionable business practices. And there are plenty of other domain registrars out there. Leo recommends HOVER [Tucows]" --techguylabs.com (emphasis added).

c. Tucows [NASDAQ: TCX]3 Terrible Businesses In 1 | SeekingAlpha.com"Tucows' Domains business is suffering similar stagnation. Industry-wide, growth is abysmal. GoDaddy (NYSE:GDDY) and VeriSign (NASDAQ:VRSN) have been suffering low single-digit growth, while TCX's own revenue CAGR has been 1% over the last 3 years as it's been losing market share. The business is highly commoditized, with little to differentiate any individual firm other than price. TCX has been boosting prices to inflate growth metrics, but this will simply accelerate churn and share loss." (emphasis and links added).

d. Fraudsters are taking advantage of the increased number of new top level domains to register lookalike domains – for example, the letter "m" can be replaced by the letters "r" and "n" to give the appearance of "m" and it's something which many users won't notice at first glance--zdnet.com.

e. "Bargain basement gTLDs and glyph attacks using IDNs are powering phishing attacks, with fraudulent registrations on the rise. Worse yet, phishing sites are increasingly getting security certificates"--techrepublic.com.

f. FUCTLos Angeles streetwear designer Erik Brunetti, who had been turned down by U.S. Patent and Trademark Office when he sought to register the brand name FUCT (domain: fuct.com) as a trademark, won in the U.S. Supreme Court--Supreme Court allows foul language trademarks in F-word case. [Editor's note: not hard to imagine what's coming next, including as trademarks and .BRAND new gTLDs -- ICANN will have completely FUCT UP the internet and global DNS.]

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
a. Google: analysis of 150B+ browser-based Google searches in Q1 2019 in the U.S. indicated only 41.45% resulted in organic clicks to non-Google sites, 48.96% ended without a click. Editor's note: confirming the Google Search page is now one of the world's major content and information destinations.

b. What Happens After Amazon’s Domination Is Complete? Its Bookstore Offers Clues: The New York Times looks at some egregious cases of counterfeit books sold on Amazon.

c. Privacy: "... we have lost “ambient privacy,” i.e., daily interactions that should stay unremembered ... Confronted with the reality of a monitored world, people make the rational decision to make the best of it. That is not consent."--idlewords.com.

d. How Ethiopia Controls the Internet-- A one-week internet shutdown ends, but the government has more methods to silence online critics.

e. To pay, or not to pay: U.S. cities wrestle with ransomware | reuters.com.

f. Average Cost of a Domain Name System (DNS) Attack $1,070,000--securitymagazine.com.

5) Most Read this past week on DomainMondo.com:
graphic "Domain Mondo" ©2017 DomainMondo.com

-- John Poole, Editor Domain Mondo 

feedback & comments via twitter @DomainMondo


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2019-05-18

Tech Review | What the Uber IPO Says About Investors State of Mind

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2019-05-18)--Domain Mondo's weekly review of tech investing news: Feature • 1) What the Uber IPO Says About Investors State of Mind, 2) Investing: The Week & Investor Notes: Macroview | EU Elections, 3) ICYMI Tech News:  Apple & Antitrust, Amazon, Facebook, Google, Microsoft, Oracle, China, and more.

1) What the Uber IPO Says About Investors State of Mind 

Financial Times (ft.com) U.S. managing editor Peter Spiegel and markets reporter Nicole Bullock discuss why Uber's stock traded below the $45 IPO price at the New York Stock Exchange on Friday, May 10, 2019. Video above published May 11, 2019.

Stock Exchange & Symbol: NYSE: UBER:
$UBER
See also:
  • Uber’s Future Looks Troubling: "Uber’s current $70 billion valuation seems difficult to justify. To reach profitability, both Uber and Lyft probably will be forced either to raise prices or to increase the cut they take from their drivers ... its core riding hailing business is faltering. Having faced a number of setbacks, Uber also is lagging in the longer term race to develop autonomous technology ..."
  • Uber’s "adjusted net revenue has started to decline.This points to a fundamental challenge with Uber’s business model that it has not yet figured out: How to keep prices low enough to attract riders while paying drivers enough to keep them from defecting — and still make a profit. Competition from Lyft, which is willing to suffer similar losses, makes this particularly hard."--cnbc.com.

2) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: NASDAQ Composite -1.3% | S&P 500 Index -0.8% | DJIA -0.7%
U.S. stocks bounced back from deep losses Friday but still closed lower as trade-related jitters overshadowed strong economic data--MarketWatch.com.
U.S. consumer sentiment rose to a 15-year high of 102.4 in May, well above the 97.1 expected by economists polled by MarketWatch.com and April’s reading of 97.2, according to the University of Michigan’s consumer sentiment index.
The Conference Board’s estimate of leading economic indicators for the U.S. (pdf) rose for the third straight month in April to 112.1, up 0.2% from March. The survey of economic conditions is a collection of forward-looking data that attempts to predict future economic growth.
"We think that China represents 15% of global GDP, yet less than 1% of all cross-border currency settlement is in their currency. It's important for us to realize that the joke is on us--if they were to open their capital account and let Chinese invest abroad--their [China's] currency would depreciate 40% in a day. I think we're making the right moves here in taking a little bit of market pain to maintain our national security in the long run. Just so you can hear from me, I don't have a vested interest in China's currency any more. It's such an important moment in time for US national security that most of my interest has been moving toward the political sphere. If you can get over the fact that there's no rule of law there, and they don't respect human rights ... then maybe you should invest money in China."--Kyle Bass
Shocked Traders Respond To Trade War--"The biggest problem is the huge disconnect with what markets have been hoping for and what is transpiring now. Markets had priced the best-case scenario and odds are shifting towards the worst-case scenario."--zerohedge.com May 13, 2019
Long View
Trendline (graphic) ©2018 DomainMondo.com
Investor Notes: Macroview | EU Elections (May 23-26):

Brexit Party Surges: after parting ways with the increasingly irrelevant UK Independence Party (UKIP), Nigel Farage co-founded the Brexit Party [domain: thebrexitparty.org], which is now polling above the Labour and Conservative parties put together ahead of the European Parliamentary elections May 23rd:
source: statista.com
France: "The 'yellow vest' demonstrations against Macron are basically the demonstrators who, more or less, voted for Trump here [U.S.]. It’s people coming from small cities, from rural areas, lower-middle-class, saying, 'We have been left behind.' And, on the right, our conservative party is moving in the same direction as the Republicans are here."--Gérard Araud, French Ambassador to the U.S., from 2014 until retiring 19 Apr 2019.
European Elections 2019:
source: europarl.europa.eu
Editor's note: the Brexit Party also has Annunziata Rees-Mogg (twitter: @zatzi). Watch her in this YouTube video. She is the sister of well-known Conservative Party Brexiteer Jacob Rees-Mogg. For the Conservative Party, the problem is Theresa May: "For the Conservatives to go into a General Election without having delivered Brexit and with Theresa May as leader would be electoral suicide."

3) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
Apple $AAPL move downward accelerates after losing SCOTUS antitrust case:
$AAPL
Apple and tech-industry allies said before the ruling that a decision allowing the lawsuit could lead to expensive antitrust claims against other companies that run online marketplaces, potentially affecting Alphabet Inc.’s Google, Amazon.com Inc. and Facebook Inc. See also: Apple Releases iOS 12.3 With New TV App and Channels Feature--macrumors.com.

Will Amazon Put UPS Out Of Business?--zerohedge.com. See also Amazon Butts in on Google-Facebook “Duopoly” in the Huge Business of Internet Advertising. Publishers Hung Out to Dy--wolfstreet.com.

Microsoft or Google? $MSFT "has a bigger share in my portfolio ... because of its dividends, growth in cloud, improving margins, visionary leadership, and the improving FCFs"--seekingalpha.com.

Oracle is shutting down its R&D arm in China, laying off 900+ employees--zdnet.com.

Online markets have grown 10X in the last two decades, more $1B-$10B+ software startups will exist, and startups can grow faster than ever--blog.eladgil.com.

Quicktakes:
  • Italy's watchdog investigates Google for alleged antitrust abuse;
  • Amazon backing for UK food app Deliveroo;
  • Samsung Electronics undecided on further investment in its China NAND plant.
  • German finance minister expects OECD deal on digital tax in 2020;
  • Consumer bodies seek to force Alibaba portal to honor EU shoppers' rights;
  • Baidu swings to net loss for first time since listing, shares fall;
  • Nvidia revenue forecast beats as demand for gaming chip rises

Personal Tech: Death by PowerPoint: the slide that killed seven people.

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


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2019-03-02

Tech Review 1) Bank of the Future, 2) How China Created Its Own Internet

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2019-03-02)--Domain Mondo's weekly review of tech investing news: Features • 1) Bank of the Future, 2) How China Created Its Own Internet, 3) Investing: The Week & Investor Notes: China, 4) ICYMI Tech News: Google, Amazon, Nokia, 5G, Ericsson, AT&T, Tesla, Click-and-Collect, Wirecard, Oracle v. Google, Berkshire Hathaway, Gundlach on Facebook $FB

1) Bank of the Future

As emerging digital finance platforms launch new and differentiated products, including bespoke, consumer-centric solutions and experiences, they are building scale more efficiently and quickly than ever before, according to Brandon Watkins of the Goldman Sachs Investment Banking Division. In the video above, Watkins explains how the “bank of the future” is being shaped by three trends – a shift from offline to online banking, growing consumer trust for digital-first platforms and consumers’ desire for personalization and tailored product experiences. “You’re seeing these new digital finance platforms… starting to compete with some of the biggest traditional banks in the world,” he says, while some of the traditional financial institutions are turning to “technology platforms to add to the product capabilities and experiences that they’re delivering to their customers today.” Goldman Sachs video above published Feb 20, 2019.

2) How China Created Its Own Internet

From a single email sent to West Germany to restrictions on Winnie the Pooh and the letter N, this is how the Internet took hold in China. Bloomberg.com video above published Feb 19, 2019.

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: NASDAQ Composite +0.9% | S&P 500 Index +0.4% | DJIA -0.1%
S&P 500 closes above 2,800 for the first time in nearly 4 months on trade optimism--marketwatch.com
Richard Cohen: The Democratic Party is trying to gift reelection to Trump | WashingtonPost.com.
Even After Sanders, Harris, and Others Enter Race, Bookies Have Donald Trump as Massive 2020 Favorite--mediaite.com.
Longview:
Trendline (graphic) ©2018 DomainMondo.com
Investor Notes:

China: Anne Stevenson-Yang, co-founder of J Capital Research, reportedly wrote in a Feb. 18 commentary, that Beijing’s recent exertions have helped banks, but reflation efforts seen in January are insufficient to stem the broad deterioration in financial conditions. China’s economy will likely continue in decline until corporate and financial defaults force the authorities to launch a gigantic stimulus.

A Chinese real estate developer in Shanghai, boarded a flight to Malta last month with no plans to return anytime soon. After landing, Mr. Chen, a former judge and lawyer, shared on social media a 28-page article explaining himself. “Why I Left China,” read the headline, “An Entrepreneur’s Farewell Admonition.” “China’s economy is like a giant ship heading to the precipice,” Mr. Chen wrote. “Without fundamental changes, it’s inevitable that the ship will be wrecked and the passengers will die.” “My friends,” he urged, “if you can leave, please make arrangements as early as possible.”--NYTimes.com.

Imports by China and other emerging Asian economies in December plunged to the lowest level in two years, in the steepest one-month plunge since 2008--wolfstreet.com.

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
Shaping the future of mobile with Android--Google says Android One activations grew 250% YoY, 50%+ of new entry-level Android devices are Android Go, and Digital Wellbeing tools are coming to more phones. See also: Helping more families set digital ground rules with Family Link--blog.google.

Amazon's Cloud Dominance--cloudchart.png.

Nokia CEO warns 5G implementation 'will be delayed in Europe'--CNBC video. And Nokia says 5G would not be delayed by ban on Chinese suppliers--reuters.com.

5G: Ericsson $ERIC buys antenna and filters business of Germany's Kathrein--reuters.com.

AT&T the Next Kraft Heinz?--SeekingAlpha.com: highest debt load in corporate America, poor earnings growth and has paid over $120 billion for acquisitions in recent years.

Tesla $TSLA moment of truth will arrive in 2020: "Volkswagen’s electric-car onslaught and an economic recession will put Elon Musk’s company to the test"--marketwatch.com Op-ed Feb 22--Until then, Elon Musk has plenty to deal with: SEC problems again; and Consumer Reports recently stopped recommending the Model 3 because of reliability issues.

Click-and-Collect: sales where customers order goods online and pick them up at a nearby store rose 47% in November and December compared with a year earlier, far more than the 16.5% growth in online sales, according to Adobe Analytics.

Germany’s regulator banned short-selling in Wirecard--share price slid after allegations of false accounting surfaced--economist.com.

Amicus Brief (pdf): EFF Asks the Supreme Court to Clean Up the Oracle v. Google Mess--eff.org.

Berkshire Hathaway:  2018 Letter To Shareholders (pdf) (BH owns 5.4% of Apple): 3 Key Takeaways--SeekingAlpha.com.

Facebook:
$FB
Do you still have an opinion on Facebook?" ... I just think that Facebook-- their big problem is obviously their business model. And I talked about things that are safe ended up being unsafe. I think that's Facebook I mean, they sold themselves as comfortable and safe, but they're really just a diabolical data collection monster. And they're unrepentant. And I just saw yesterday they were talking about more regulation in Europe in the UK. And when the regulators show up, usually, the stock prices go down. Health care had a meteoric rise until the regulators showed up a few years ago, and then a big decline. So I don't really trust Facebook. So the fact that I don't trust them makes me not like them, and the fact they don't like them makes me want their stock to go down."--Jeffrey Gundlach extended conversation with Yahoo Finance [Transcript] (pdf).

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


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2019-02-02

Tech Review | Analysts Giving Up On Bitcoin & Cryptocurrency

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2019-02-02)--Domain Mondo's weekly review of tech investing news: Features • 1) Giving Up On Bitcoin & Cryptocurrency, 2) Amazon Alexa And Google Assistant Becoming Omnipresent, 3) Investing: The Week & Notes: WEF, EU, Brexit, US, 4)ICYMI Tech News: Facebook, Nvidia, Twitter, Google, Oracle, Huawei, China VC, Microsoft, Amazon, Startup Starbreeze Implodes, Personal Tech: Chromebooks vs Windows?

1) Giving Up On Bitcoin & Cryptocurrency
Bitcoin in US$
Bitcoin in US$
Bitcoin Volatility Problematic For Analysts: Crypto enthusiasts such as Mike Novogratz made wild predictions on Bitcoin's price in 2018, most of which proved wrong. Tom Lee of Fundstrat said Bitcoin would hit $25,000 by end of 2018. It didn't happen. Now, Lee, and others, are not making timing calls at all. 2019 is off to a rough start for cryptocurrencies, with most coins continuing their downturn in January.

However, Ripple CEO says decentralized payment systems are likely to win:

Ripple's Brad Garlinghouse discusses blockchain technology and cryptocurrencies at a CNBC-hosted panel in Paris. CNBC International TV video above published Jan 31, 2019.

Ripple supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes. Ripple purports to enable "secure, instantly and nearly free global financial transactions of any size with no chargebacks." The ledger employs the decentralized native cryptocurrency known as XRP, which as of September 2018 was the second largest coin by market capitalization. Ripple has been adopted by banks and payment networks as settlement infrastructure technology (sources via Wikipedia.org).

Building Crypto, from Vision to Reality

a16z.com video (podcast) above with Brian Armstrong (@brian_armstrong), Chris Dixon (@cdixon), and Sonal Chokshi (@smc90) Where are we, really, right now -- in terms of what we can/ can't do with crypto today? And what will it take to get from vision to mainstream reality? This episode of the a16z Podcast covers all this and more. It's based on a conversation that took place between Coinbase CEO and cofounder Brian Armstrong and a16z crypto general partner Chris Dixon, interviewed by a16z editor in chief Sonal Chokshi, at our at our annual Summit in November 2018 -- following a series of presentations that covered everything from early adoption, myths, and the global need for crypto; to crypto as seen through the lens of trust; to key terms and concepts that enable entirely new use cases on top of crypto. But what are the missing pieces needed to get us there? Is crypto is too much like a religion... and if so, how does one build a company, culture, community in such an intense environment? Where does the history of open source come in? And finally, what are some of the most interesting applications and trends in the space? Video above published Jan 1, 2019. Disclosures.

See also:
  • "Participation by financial institutions in bitcoin trading appears to be fading," JPMorgan analysts wrote in a research note to clients--forbes.com
  • Bitcoin Is Worth Less Than the Cost to Mine It, JPMorgan Says--
  • bloomberg.com.
  • JP Morgan: Blockchain Needs To Be Separated From Bitcoin & Crypto--ethereumworldnews.com.
  • Bitcoin Failed as a Safe Haven to the U.S. Stock Market: JP Morgan--newsbtc.com.
  •  Bloomberg Technology video published Jan 30, 2019.
  • Three reasons why you should stay away from bitcoin!--Bitcoin has bit the dust--zerohedge.com.

2) Amazon Alexa And Google Assistant Becoming Omnipresent

Until recently, Amazon $AMZN and Google $GOOG $GOOGL competed for presence in our homes through their own hardware: smart speakers like the Amazon Echo and Google Home, TV add-ons like Chromecast and Fire TV and even home security systems like Nest and Ring. At CES 2019, partners from both companies launched dozens of new products that will bring Amazon Alexa and Google Assistant into nearly every aspect of our lives. Both firms also revealed how widespread their ecosystems are.

Google said that by the end of January, more than 1 billion devices will have Google Assistant built-in. That's up from 500 million in May, but a lot of that growth is because Assistant now ships as a standard feature on Android phones. Google Assistant is also built into 10,000 different smart home devices from more than 1,600 brands, the company said.

Amazon said there are now more than 150 products with Alexa built directly in — which means you can talk right to it without also owning an Echo — and more than 28,000 products from 4,500 brands that support it. That means you need an Amazon Echo to control the gadget. Amazon also said it has now sold more than 100 million Alexa devices. CNBC.com video above published Jan 13, 2019.

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: NASDAQ Composite +1.4% | S&P 500 Index +1.6% | DJIA +1.3%
Investing Notes: the benchmark S&P 500 Index is UP 8% so far in 2019.

WEF a dud and joke: "This year's now-concluded World Economic Forum conference in Davos was mostly a dud and increasingly a joke in financial circles, with Deutsche Bank's Jim Reid going so far as admitting that 'we had a DB drinks reception for our clients last night and one said to me that in 11 years of coming here the best advice would be to trade in the opposite direction to the main theme of the conference over the next 12 months'"--zerohedge.comFormer Starbucks CEO Howard Schultz  was heckled after he said he might run for U.S. president:“Go back to Davos with the rest of the billionaire elite who think they know how to run the world.”

EU: France's ‘Yellow Vests Movement"--Mouvement des gilets jaunes--should be taken seriously says AXA CEO--in a CNBC International TV video published Jan 26, 2019, AXA CEO Thomas Buberl says Europe’s social contract isn’t working anymore.
  • France: the November 2018 data shows unemployment at 8.9%, well above the 6.7% EU rate. Current levels are also above prior cycle lows of 7.2% in February 2008.
  • Italy: unemployment currently sits at 10.5%, far above the EU’s 6.7%. The prior cycle low in Italy was 5.8% in April 2007.
  • Spain: unemployment remains stubbornly high, 14.7% based on the November 2018 data. The lows from May 2007 were 8.0%. 
Above data via DataTrekResearch.com:
  • The Eurozone problem: with German unemployment at just 3.3%, how does the European Central Bank consider normalizing both interest rates and its balance sheet when systematically important Eurozone economies like France, Italy and Spain remain at essentially recessionary levels of unemployment?
  • What are the political ramifications of high unemployment across these large countries? See "Yellow Vests Movement" (above) for the answer.
  • "Personally, I just don’t think Europe works – its imbalanced in favour of the few."--Bill Blain.

Brexit? Christian Ulbrich, global chief executive of JLL, the property agency, told Financial News  that his company leased more space in the City of London 'Square Mile' during the final three months of 2018 than in any other quarter on record. CBRE also reported 3.9 million sq ft of deals had closed across all of central London during the quarter, above the 10-year average.

US: Every year, roughly 14% of the US population moves from one state to another, according to US Census Bureau data--top inbound states (dark blue) and top outbound states (medium blue):
source: 2018 Migration Report | northamerican.com (pdf)
Apparently, Americans don't like high-tax states like Illinois, California, New Jersey and New York, but prefer living in Idaho, Arizona, South Carolina, Tennessee, North Carolina, Texas, and Florida. Also note U.S. jobless rates across the largest 5 US states (December 2018 data): California: 4.2%; New York: 3.9%; Pennsylvania: 4.2%; Texas: 3.7%; Florida: 3.3%. The national unemployment rate:  3.9%.

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
Facebook: "Even after losing roughly a third of its market cap, Facebook $FB may yet prove to be one of the great shorts of all time"--The Fall of Facebook Has Only Begun--medium.com. Also: Facebook knowingly duped game-playing kids and their parents out of money--revealnews.org.

Nvidia Jan 28 Financial Guidance: "deteriorating macroeconomic conditions, particularly in China, impacted consumer demand for NVIDIA gaming GPUs"--NVDA shares fall 14% and are now off 44% since Jan 29, 2018 (as of Jan 28, 2019):
Nvidia's Problems May Grow Worse--seekingalpha.com.

Twitter’s CEO keeps "substituting talking for doing"--Jack Dorsey has a lot to say, but he has more to do--theverge.comTwitter, Inc. (NYSE: TWTR) will release financial results for the fourth quarter and fiscal year 2018 on February 7, 2019, before the market open at approximately 7:00 am EST. Twitter will host a conference call / LIVE webcast to discuss these financial results at 8:00 am EST, at investor.twitterinc.com. Tweet your question to @TwitterIR using #TWTR.

Google LLC vs Oracle America, Inc., software copyright dispute, Petition for a Writ of Certiorari (pdf) in the US Supreme Court.

U.S. Indicts Huawei--accused of stealing trade secrets, defrauding banks--bloomberg.com. See also "Huawei will struggle to assuage western concerns - Suspicions are as much about China’s system as about the company itself"--ft.com.

China VC: "The number of China’s venture capital deals dropped to 713 in the fourth quarter of 2018, down 25% from a year earlier, with the amount of funding shrinking 12% to $18.3 billion ... Competition for job vacancies has intensified with an average applicants-to-jobs ratio of 32 to 1."--scmp.com.

Walmart, Amazon scrambling to comply with India's new e-commerce rules--reuters.com.

Startup Starbreeze implodes: "How did things go so badly wrong in such a short space of time? According to over a dozen current and former Starbreeze (starbreeze.com) staff members, who asked to remain anonymous in order to protect their careers, the writing had been on the wall for some time. But even as staff lost faith in the studio and its bosses, nobody, it seemed, thought Starbreeze's fall from grace would turn out to be quite so dramatic."--eurogamer.net“How did you go bankrupt?" Two ways. Gradually, then suddenly.--Ernest Hemingway, The Sun Also Rises.

Personal Tech: after January 14, 2020, Microsoft will no longer provide security updates or support for PCs running Windows 7 (unless you pay extra), so for many Windows 7 users, it will be decision time (Microsoft Windows 10, Apple Mac OS, Google Chrome OS, or Linux) during the next 12 months. Editor's note: personally, I am transitioning to Google Chrome OS (Chromebooks) and recommend the two chromebooks I am familiar with: Google Pixelbook and Acer Chromebook 15There are plenty of other nice chromebooks available, but no matter your budget, be sure to get at least 4GB of RAM, and do your own due diligence, e.g., https://www.reddit.com/r/Pixelbook.

-- John Poole, Editor, Domain Mondo  

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