Fox’s assets include the movie and TV rights to Marvel Comics’ most successful superhero team the X-men,[i] another a-list Marvel Superhero; The Wolverine, The Simpsons, Deadpool, The X-Files, Kung Fu Panda, Independence Day, Alien, Assassin’s Creed, The Kingsman, Planet of the Apes, Buffy the Vampire Slayer, Angel, Firefly, and a variety of other franchises. There’s also a library of classic movies and TV shows including Butch Cassidy and the Sundance Kid, 24, Archer, The Shield, and MASH.Read more
The group also plans to create an online clearinghouse for information about Hyperloop. That is desperately needed given all the confusion about the technology out there these days.Read more
There are strong indicates that Sears has run out of money. The company is unable to make payments on a $400 million loan that was due on June 30, 2018.
The next likely scenario is that Sears will sell off Kenmore, possibly to Amazon (NASDAQ: AMZN), Home Depot (NYSE: HD), Best Buy (NYSE: BBY), or Lowe’s (NYSE: LOW). Any of those companies would be smart to have Kenmore as an exclusive appliance brand. Sears is finished but Kenmore might survive.Read more
Under these conditions, a rising Ethereum Coin Price might drive down prices in the long run. The Coin Price would go down because miners rushing to cash in on the high prices would flood the market with new Ethereum, and drive the price back down. This is likely to happen soon, because Ethereum’s Coin Price reached $672.03 on December 14, 2017.Read more
Lending Club has gotten to the point where it is losing money by just staying in its business. What might be worse is that Lending Club is losing money from financing, it reported a cash from financing figure of $-461.20 on September 30, 2017. That indicates the company might be losing money from its lending operations, which are its only business.Read more
Sysco is the largest buyer of the Tesla Semi yet; the second largest buyer is brewer Anheuser-Busch (NYSE: BUD), which has pledged to buy 40 semis. Walmart (NYSE: WMT) has plans to buy 15, the J.B. Hunt trucking company will buy several, and Canadian grocer Loblaw’s has placed an order for 25.Read more
Square has the ability to dramatically increase the amount of cash flowing through the till but a hard time maintaining that cash from operations. The danger here is that cash flow is not steady, which makes it hard to generate flow, or keep the moneyRead more
“We could hold Google and Facebook and all those big multinationals accountable; we could make sure that people; like those who are currently ‘voluntarily’ contributing their data to pump up companies’ profits are given something that is adequate to support their livelihoods in exchange,” Fuller said.
Fuller’s idea makes a lot of sense because most of those companies’ values come from the data they collect and disseminate. Figuring out how to charge a tax on that data will be difficult because much of its value is theoretical.Read more
The Republicans efforts at “tax reform” are likely to make the tax code even more confusing and cumbersome, creating more demand for Intuit’s tax-preparation software. That means Intuit will end up selling more copies of Turbo Tax and Quick Books next year.Read more
Santens pointed out that most of the oil and gas rig jobs in the United States have been replaced by robots in the past few years. The bothersome reality here is that oil and gas drilling does not create that many jobs. During the peak of the last oil boom in 2015 around 700 Americans were employed on drilling rigs. Futurism’s Scott Santens estimated. Today, around 174 people are employed on oil and gas drilling rigs in the USA, and those numbers are falling dramatically because of automation.Read more