Hedge fund manager Kyle Bass says the US has more leverage over China than ever before

Hedge fund manager Kyle Bass believes the United States now has more leverage over China in trade negotiations than ever before and encouraged President Donald Trump to follow his hard-line tactics to force concessions from Beijing. Bass — a known China bear — has previously admonished American corporations for pushing Trump to strike a deal with China too quickly and out of their own self-interest. And it is the corporate American chieftains that have their biggest businesses, let’s say most gr


Hedge fund manager Kyle Bass believes the United States now has more leverage over China in trade negotiations than ever before and encouraged President Donald Trump to follow his hard-line tactics to force concessions from Beijing. Bass — a known China bear — has previously admonished American corporations for pushing Trump to strike a deal with China too quickly and out of their own self-interest. And it is the corporate American chieftains that have their biggest businesses, let’s say most gr
Hedge fund manager Kyle Bass says the US has more leverage over China than ever before Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-21  Authors: thomas franck
Keywords: news, cnbc, companies, better, manager, trump, think, leverage, bass, fund, kyle, china, deal, yesterday, world, trade, hedge, going


Hedge fund manager Kyle Bass says the US has more leverage over China than ever before

Hedge fund manager Kyle Bass believes the United States now has more leverage over China in trade negotiations than ever before and encouraged President Donald Trump to follow his hard-line tactics to force concessions from Beijing.

In an interview with CNBC’s David Faber, Bass said the strength of U.S. business affords Trump the ability to press China’s Xi Jinping for a better deal during their planned meeting at the G-20 summit in Japan next week.

“We have the most leverage that we’ve ever had right now, and I think that our financial system is more solid than it’s been in the last 10 years. And theirs is as weak as it’s ever been,” Bass said Friday morning. “President Trump should hold the line here and get a deal done. If he is going to get a deal done, he should force something that’s both measurable and enforceable.”

Bass, founder and chief investment officer of Hayman Capital Management, is known for profiting and betting against subprime mortgages during the financial crisis in 2008. Bass — a known China bear — has previously admonished American corporations for pushing Trump to strike a deal with China too quickly and out of their own self-interest.

“If you look behind the scenes, it is corporate America pushing Trump to do a deal. And it is the corporate American chieftains that have their biggest businesses, let’s say most growth, coming out of China. And China plays that card. They play it better than anybody else,” Bass told CNBC in April.

The world two largest economies have slapped tariffs on each others’ imports over the past year in an ongoing trade dispute, with the U.S. accusing China of failing to enforce intellectual property protections. Though Wall Street thought the two sides were nearing a deal earlier this year, Trump’s May tweet that the U.S. would introduce more duties dashed those hopes.

“I think the chasm is too far across for us to come to a deal. But what does that mean?” Bass added Friday.

“As Trump tweeted yesterday, the stock market opened at a new high and close at a new high yesterday. I think the fact that talks are ongoing, the U.S. economy is doing better than most of the others in the world,” he said. “I actually think that’s the path that we’re going to see going into the election year.”


Company: cnbc, Activity: cnbc, Date: 2019-06-21  Authors: thomas franck
Keywords: news, cnbc, companies, better, manager, trump, think, leverage, bass, fund, kyle, china, deal, yesterday, world, trade, hedge, going


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Rep. McHenry calls for a hearing on Facebook’s cryptocurrency: ‘We should be better informed’

Rep. Patrick McHenry has questions about Facebook’s plan for its cryptocurrency. “There are so many open questions here, and I think we should actually be better informed,” he said on “Closing Bell. ” Rep. Maxine Waters, D-Calif., chairwoman of the House Financial Services Committee, asked the company to delay the project until Congress and financial watchdogs can get more information. “With the announcement that it plans to create a cryptocurrency, Facebook is continuing its unchecked expansion


Rep. Patrick McHenry has questions about Facebook’s plan for its cryptocurrency. “There are so many open questions here, and I think we should actually be better informed,” he said on “Closing Bell. ” Rep. Maxine Waters, D-Calif., chairwoman of the House Financial Services Committee, asked the company to delay the project until Congress and financial watchdogs can get more information. “With the announcement that it plans to create a cryptocurrency, Facebook is continuing its unchecked expansion
Rep. McHenry calls for a hearing on Facebook’s cryptocurrency: ‘We should be better informed’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: michelle fox
Keywords: news, cnbc, companies, rep, cryptocurrency, informed, facebook, hearing, separate, world, mchenry, maxine, waters, facebooks, better, project, questions, calls


Rep. McHenry calls for a hearing on Facebook's cryptocurrency: 'We should be better informed'

Rep. Patrick McHenry has questions about Facebook’s plan for its cryptocurrency.

The Republican from North Carolina is calling for a hearing on the matter, although he told CNBC on Wednesday he isn’t prejudging the social media giant and its proposal.

“There are so many open questions here, and I think we should actually be better informed,” he said on “Closing Bell. ”

“What I’m asking for is a hearing on what they’re proposing with project Libra and the consortium that they’ve built around the world, how they are going to utilize it, the opportunity and the intention that they have.”

Facebook announced on Tuesday that in 2020 it will launch a cryptocurrency, run by the nonprofit Switzerland-based Libra Association. It is also collaborating with several companies, including Mastercard, Visa and PayPal.

The news has some on Capitol Hill concerned, or at least hesitant.

Rep. Maxine Waters, D-Calif., chairwoman of the House Financial Services Committee, asked the company to delay the project until Congress and financial watchdogs can get more information.

“With the announcement that it plans to create a cryptocurrency, Facebook is continuing its unchecked expansion and extending its reach into the lives of its users,” she said in a statement Tuesday.

However, McHenry said he’s looking at Facebook’s crypto as an issue separate from the regulatory ones the company is already facing.

“You can have a worldview about whether or not Facebook is a savior of the world or the ‘Death Star,’ but the question of cryptocurrency is a wholly separate thing than Facebook and the utilization of our data,” he said.

Tune in: Rep. Maxine Waters will appear on “Closing Bell” on Thursday at 3 p.m. ET.

— CNBC’s Kate Rooney contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: michelle fox
Keywords: news, cnbc, companies, rep, cryptocurrency, informed, facebook, hearing, separate, world, mchenry, maxine, waters, facebooks, better, project, questions, calls


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Google Assistant is better than Alexa or Siri at helping patients with their drugs, study finds

In the race among tech companies to bring their voice recognition technology into the realm of personal medicine, Google is the furthest along, according to a study published on Thursday in the journal Nature Digital Medicine. Fossat and Palanica said they activated Google Assistant, Amazon Alexa and Apple’s Siri and played individual audio clips from 46 English speaking people with the prompt, “Tell me about,” followed by the medication name. “We reviewed all the literature, and identified this


In the race among tech companies to bring their voice recognition technology into the realm of personal medicine, Google is the furthest along, according to a study published on Thursday in the journal Nature Digital Medicine. Fossat and Palanica said they activated Google Assistant, Amazon Alexa and Apple’s Siri and played individual audio clips from 46 English speaking people with the prompt, “Tell me about,” followed by the medication name. “We reviewed all the literature, and identified this
Google Assistant is better than Alexa or Siri at helping patients with their drugs, study finds Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: christina farr
Keywords: news, cnbc, companies, better, research, alexa, drugs, technology, health, finds, information, google, study, patients, assistant, voice, fossat, helping, palanica, medication, siri


Google Assistant is better than Alexa or Siri at helping patients with their drugs, study finds

In the race among tech companies to bring their voice recognition technology into the realm of personal medicine, Google is the furthest along, according to a study published on Thursday in the journal Nature Digital Medicine.

Researchers Yan Fossat and Adam Palanica from lab company Klick Health in Toronto tested technology from Google, Amazon and Apple to gauge how well their services comprehended the 50 most commonly prescribed medicines and whether they could provide accurate information to users.

Fossat and Palanica said they activated Google Assistant, Amazon Alexa and Apple’s Siri and played individual audio clips from 46 English speaking people with the prompt, “Tell me about,” followed by the medication name.

“We reviewed all the literature, and identified this one area of medication comprehension that is under studied,” said Fossat, in an interview with CNBC. “It’s especially important to research these voice assistant tools, given the growing demand for them in health care.”

None of the leading voice-activated home speakers were specifically intended for the medical sector, but research indicates they’re increasingly being used for medication information and reminders, and there’s rising interest in the technology in patients’ homes, doctors’ offices and hospitals.


Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: christina farr
Keywords: news, cnbc, companies, better, research, alexa, drugs, technology, health, finds, information, google, study, patients, assistant, voice, fossat, helping, palanica, medication, siri


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

5G rollout will ‘make things better’ for cybersecurity, according to Verizon

An illuminated 5G sign hangs behind a weave of electronic cables on the opening day of the MWC Barcelona in Barcelona, Spain, on Monday, Feb. 25, 2019. The impending rollout of the next generation 5G wireless standard could be a boon for cybersecurity, according to an expert from Verizon. “I actually think that the 5G rollout … will actually make things better,” Chris Novak, global director of the Threat Research Advisory Center at Verizon, told CNBC’s “Squawk Box” on Tuesday. Novak’s comments


An illuminated 5G sign hangs behind a weave of electronic cables on the opening day of the MWC Barcelona in Barcelona, Spain, on Monday, Feb. 25, 2019. The impending rollout of the next generation 5G wireless standard could be a boon for cybersecurity, according to an expert from Verizon. “I actually think that the 5G rollout … will actually make things better,” Chris Novak, global director of the Threat Research Advisory Center at Verizon, told CNBC’s “Squawk Box” on Tuesday. Novak’s comments
5G rollout will ‘make things better’ for cybersecurity, according to Verizon Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: eustance huang
Keywords: news, cnbc, companies, verizon, cybersecurity, according, 5g, things, think, novak, weve, rollout, companies, better, told, lot, actually, research, huawei


5G rollout will 'make things better' for cybersecurity, according to Verizon

An illuminated 5G sign hangs behind a weave of electronic cables on the opening day of the MWC Barcelona in Barcelona, Spain, on Monday, Feb. 25, 2019.

The impending rollout of the next generation 5G wireless standard could be a boon for cybersecurity, according to an expert from Verizon.

“I actually think that the 5G rollout … will actually make things better,” Chris Novak, global director of the Threat Research Advisory Center at Verizon, told CNBC’s “Squawk Box” on Tuesday.

“I think there is a lot of research and development that we’ve done and I know others have done as well to make sure that 5G doesn’t just bring speed and reliability, but also that it’s done in a secure manner and addresses any of those kinds of concerns,” Novak said.

Novak’s comments come amid increasing scrutiny on companies seeking to win contracts to develop 5G capabilities for national networks. Chinese telecommunications giant Huawei is chief among the firms under the spotlight as the U.S. seeks to dissuade America’s allies from purchasing its equipment, with claims that the firm is “too close to the government. ”

Recent moves by the U.S. have reportedly resulted in major tech companies limiting their employees’ access to Huawei. On May 16, the U.S. Department of Commerce put Huawei on a blacklist, barring it from doing business with American companies without government approval, then a few days later it authorized firms to interact with Huawei in standards bodies through August “as necessary for the development of 5G standards.”

For its part, U.S. President Donald Trump’s administration appears to have a conflicting stance on Huawei.

Trump told CNBC on Monday that Huawei could be part of the U.S. trade negotiation with China, contradicting remarks by Treasury Secretary Steven Mnuchin, who told CNBC on Sunday that Washington’s concerns surrounding the telecommunications behemoth are “national security” issues separate from trade.

On the subject of whether banning perceived bad actors from developing 5G networks would reduce the likelihood of data breaches, Novak said: “To be honest, it’s not even just the espionage element. In reality, the bigger percentage of that pie is actually financially motivated breaches.”

“If you actually roll back and look at the last decade, we’ve got almost about a half million security incidents that we’ve looked at over the course of that research,” he said. “While espionage plays a role in things and I think that’s kind of fired up a lot of the conversation here, I think ultimately there’s a lot of other facets to what we see happening in the cybersecurity and data breach landscape.”

— Reuters and CNBC’s Kate Fazzini contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: eustance huang
Keywords: news, cnbc, companies, verizon, cybersecurity, according, 5g, things, think, novak, weve, rollout, companies, better, told, lot, actually, research, huawei


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Amazon’s $50 Fire tablet is bad — you can get a much better version for just $10 more

Amazon Fire 7 tablet Todd Haselton | CNBCAmazon recently refreshed its $50 Fire 7 tablet with new colors, support for calling up Alexa by name and twice the storage as its previous version. What’s goodAmazon Fire 7 tablet Todd Haselton | CNBCThe Fire 7 tablet is the smallest tablet Amazon sells that gives you access to Amazon’s services, like Audible, Amazon Photos, Alexa, Amazon Prime video and the Amazon store. You’d be hard pressed to find a better tablet for $50. Amazon Fire 7 tablet Todd Ha


Amazon Fire 7 tablet Todd Haselton | CNBCAmazon recently refreshed its $50 Fire 7 tablet with new colors, support for calling up Alexa by name and twice the storage as its previous version. What’s goodAmazon Fire 7 tablet Todd Haselton | CNBCThe Fire 7 tablet is the smallest tablet Amazon sells that gives you access to Amazon’s services, like Audible, Amazon Photos, Alexa, Amazon Prime video and the Amazon store. You’d be hard pressed to find a better tablet for $50. Amazon Fire 7 tablet Todd Ha
Amazon’s $50 Fire tablet is bad — you can get a much better version for just $10 more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: todd haselton
Keywords: news, cnbc, companies, todd, better, amazons, bad, hd, price, buy, tablet, version, youre, alexa, haselton, 50, amazon


Amazon's $50 Fire tablet is bad — you can get a much better version for just $10 more

Amazon Fire 7 tablet Todd Haselton | CNBC

Amazon recently refreshed its $50 Fire 7 tablet with new colors, support for calling up Alexa by name and twice the storage as its previous version. It’s so affordable I hopped into a Best Buy and picked one up last week. But, after testing it for a few days, I can’t recommend it for anybody. Instead, if you’re interested in Amazon’s Fire tablets, which are generally quite good for the price, buy the $60 Fire HD 8 instead. Here’s what you need to know about the new Fire 7.

What’s good

Amazon Fire 7 tablet Todd Haselton | CNBC

The Fire 7 tablet is the smallest tablet Amazon sells that gives you access to Amazon’s services, like Audible, Amazon Photos, Alexa, Amazon Prime video and the Amazon store. Amazon generously included 16GB of storage instead of the 8GB it used to offer for tablets at this price, but most people will still want to buy a microSD card to add more. The 16GB won’t let you store many TV shows and movies offline if you have a lot of apps. It’s really only adequate if you plan to stream a lot. It’s easy to set up — you just sign into your Amazon account and you’re good to go. Like Amazon’s other tablets, it listens for when you say “Alexa” so you can talk to the voice assistant whenever you want, without having to tap a button or open an app. This worked OK for me, though sometimes I had to say “Alexa” more than once to get it to wake up. The most notable thing about it is the $50 price tag. You’d be hard pressed to find a better tablet for $50. But I still think you should spend the extra $10 on the Amazon Fire HD 8, which is better in many ways.

What’s bad

The Amazon Fire 7 tablet has a single speaker that’s blocked by your hand when you hold it. Todd Haselton | CNBC

You get what you pay for. The battery life of the Fire 7 is pretty terrible and didn’t get me through a full day. It even seems to drain battery faster than other devices while sitting idle in my bag, which was annoying. Amazon promises 7 hours of battery which is fine if you have a quick plane ride, but that’s three hours shorter than the Fire HD 8. The screen is a throwback. It’s not HD, which has been fairly standard on devices for almost a decade, and you can see the pixels when you look at it. The Fire HD 8 has a sharper screen and, while you can still see pixels, it’s better for movies and reading text. Also, the Fire 7 has a single speaker on the left side, which you’ll block if you’re holding the tablet in portrait mode. Again, the Fire HD 8 has a better option with stereo speakers that come out of both sides of the tablet.

Amazon Fire 7 tablet Todd Haselton | CNBC

The cameras on the Fire 7 are adequate given the price. Just don’t expect them to be close to what you get on a modern phone. Also, the Fire 7 feels sluggish at times. I noticed some lag while moving around apps, and sometimes even just while scrolling through the system. That’s probably because it only has 1GB of RAM versus 1.5GB in the Fire HD 8. The latter isn’t very fast, either but seems a little more fluid.

Should you buy it?

Amazon Fire 7 tablet Todd Haselton | CNBC


Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: todd haselton
Keywords: news, cnbc, companies, todd, better, amazons, bad, hd, price, buy, tablet, version, youre, alexa, haselton, 50, amazon


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Stitch Fix CEO says it’s getting better at finding the most valuable customers for its service

Lake said the data it collects from users is “super valuable” and helps Stitch Fix better identify clients “that we know we’re going to be able to serve best” and would be a good match for the company. Stitch Fix said it strengthened its men’s business by increasing its product assortment and adding more exclusive brands to its selection. Stitch Fix said renewal rates for Style Pass were 70% across its men’s and women’s business. Stitch Fix has posted seven consecutive quarters of more than 20%


Lake said the data it collects from users is “super valuable” and helps Stitch Fix better identify clients “that we know we’re going to be able to serve best” and would be a good match for the company. Stitch Fix said it strengthened its men’s business by increasing its product assortment and adding more exclusive brands to its selection. Stitch Fix said renewal rates for Style Pass were 70% across its men’s and women’s business. Stitch Fix has posted seven consecutive quarters of more than 20%
Stitch Fix CEO says it’s getting better at finding the most valuable customers for its service Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-06  Authors: ashley turner
Keywords: news, cnbc, companies, stitch, ceo, service, valuable, better, revenue, fix, customers, company, quarter, getting, million, clients, client, finding, billion


Stitch Fix CEO says it's getting better at finding the most valuable customers for its service

If you wear premium jeans, then Stitch Fix’s algorithm may have its eyes on you.

The personal styling company uses predictive algorithms to look at a number of attributes to determine who will make a successful client. This approach proved very successful in the latest quarter, with the company beating third-quarter estimates on the top and bottom lines, sending its stock up nearly 15% Thursday.

“There’s a huge number of attributes that we find correlate with Stitch Fix and being able to deploy them, not just in terms of how we’re mapping products for clients once they’re in the service, but to be able to use that in identifying good clients, is a strength that has been a newer strength for us,” CEO Katrina Lake said Thursday on CNBC.

Lake said the data it collects from users is “super valuable” and helps Stitch Fix better identify clients “that we know we’re going to be able to serve best” and would be a good match for the company. The data has helped the company remain virtually unharmed by the wreck that has hit the stocks of apparel retailers recently.

As of the end of last week, apparel retailers’ earnings, as a group, were down 24% for the first quarter of 2019, according to an analysis by Retail Metrics.

“I think to be able to have a focus strategy around ‘How do you acquire clients that are going to be great for your service?” versus ‘How do you just acquire as many clients as possible?’ is definitely the strategy that we employ,” Lake said.

Stitch Fix’s active clients — people who received a box of clothing in the preceding 12-month period — came in at 3.1 million, an increase of 17% year over year.

In the second quarter of fiscal 2019, the company launched its new algorithm application that allows it to predict product demand by using data they obtain from styling reviews and quizzes on the app. Lake partially attributed the company’s strong performance that quarter to the algorithm.

Stitch Fix said it strengthened its men’s business by increasing its product assortment and adding more exclusive brands to its selection.

The company also credited its year-old service Style Pass for improving client retention, growing average revenue per client and increasing client satisfaction compared with non-Style Pass clients. The service offers unlimited styling for a yearly $49 fee, which is credited toward items a client purchases. Stitch Fix said renewal rates for Style Pass were 70% across its men’s and women’s business. The service is only available for select clients at the time.

For the third quarter ended April 27, Stitch Fix said net income dropped to $7 million, or 7 cents a share, from $9.5 million, or 9 cents a share, a year ago. Analysts predicted results at a loss of 3 cents per share, based on a poll by Refinitiv.

Stitch Fix has posted seven consecutive quarters of more than 20% growth in revenue since it became a public company in 2017. Sales in the third quarter of 2019 grew 29% to $408.9 million, widely beating the $394.9 million analysts expected.

The company raised its revenue forecast for 2019 to a range of $1.57 billion to $1.58 billion, up from previous estimates of $1.53 billion to $1.56 billion. For the fourth quarter, revenue will be between $425 million and $435 million.

Adjusted EBITDA will be between $5 million and $10 million in the fourth quarter and between $38 million and $43 million for the year.

The company, which has a market cap of $2.7 billion, has seen its stock surge more than 55% since the start of the year.


Company: cnbc, Activity: cnbc, Date: 2019-06-06  Authors: ashley turner
Keywords: news, cnbc, companies, stitch, ceo, service, valuable, better, revenue, fix, customers, company, quarter, getting, million, clients, client, finding, billion


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

See better case to break up Amazon than Facebook or Google: Demos


See better case to break up Amazon than Facebook or Google: Demos Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-05
Keywords: news, cnbc, companies, break, case, facebook, amazon, demos, better, google


See better case to break up Amazon than Facebook or Google: Demos


Company: cnbc, Activity: cnbc, Date: 2019-06-05
Keywords: news, cnbc, companies, break, case, facebook, amazon, demos, better, google


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Reddit co-founder Ohanian: Glorifying extreme work schedules on social media is ‘toxic’ problem

“I’ve spoken out quite a bit about things like ‘hustle porn,’ and this ceremony of showing off on social [media] about how hard you’re working,” said Ohanian at The Wall Street Journal’s Future of Everything Festival on Tuesday. “Y’all see it on Instagram and you certainly see it in the startup community, and it becomes really toxic.” In particular, Ohanian says entrepreneurs who start their own companies brag publicly about their long hours. “You have this culture of posturing, and this culture


“I’ve spoken out quite a bit about things like ‘hustle porn,’ and this ceremony of showing off on social [media] about how hard you’re working,” said Ohanian at The Wall Street Journal’s Future of Everything Festival on Tuesday. “Y’all see it on Instagram and you certainly see it in the startup community, and it becomes really toxic.” In particular, Ohanian says entrepreneurs who start their own companies brag publicly about their long hours. “You have this culture of posturing, and this culture
Reddit co-founder Ohanian: Glorifying extreme work schedules on social media is ‘toxic’ problem Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: catherine clifford
Keywords: news, cnbc, companies, ignores, youre, working, toxic, huffington, work, problem, social, better, culture, ohanian, tesla, glorifying, things, media, schedules, reddit, extreme


Reddit co-founder Ohanian: Glorifying extreme work schedules on social media is 'toxic' problem

Working all the time — and bragging about it online — can be dangerous. So says Alexis Ohanian, the co-founder of Reddit.

“I’ve spoken out quite a bit about things like ‘hustle porn,’ and this ceremony of showing off on social [media] about how hard you’re working,” said Ohanian at The Wall Street Journal’s Future of Everything Festival on Tuesday. “Y’all see it on Instagram and you certainly see it in the startup community, and it becomes really toxic.”

In particular, Ohanian says entrepreneurs who start their own companies brag publicly about their long hours.

“We see this play out, most toxically, among founders, who are already sort of emotionally broken. All of us who decide to start a company, we are kind of broken as people. And so when so much of your identity is wrapped up in your company already and you already feel so much pressure,” says Ohanian.

Ohanian, who is the husband of Serena Williams and the co-founder and a managing partner at venture capital firm Initialized Capital, has become a defacto spokesperson in the start-up community for calling out the glorification of working constantly without proper rest.

“You have this culture of posturing, and this culture that glorifies the most absurd things and ignores things like self-care, and ignores things like therapy, and ignores things like actually taking care of yourself as a physical thing for the sake of work at all costs. It’s a toxic problem … I know in finance and other industries there are versions of this,” Ohanian said.

“But social media has made it possible to sort of weaponize it to the point where, you know, if it gets hearts, you are incentivized to keep pushing it.”

Though the culture of working around the clock is not likely to end overnight, the conversation, at the very least, is changing. Ohanian is not the only voice in advocating for self-care.

Huffington Post and Thrive Global founder Arianna Huffington wrote a public letter to Elon Musk in 2018 when he was talking publicly about putting in 120-hour weeks to get Tesla through a particularly painful production hurdle. She asked Musk to take better care of himself.

“So Elon, the future of Tesla depends on you coming up with your masterpiece. It doesn’t depend on how many hours you’re awake. Tesla — and the world (not to mention you and your beautiful children) — would be better off if you regularly built in time to refuel, recharge and reconnect with your exceptional reserves of creativity and your power to innovate,” Huffington wrote.

“Working 120-hour weeks doesn’t leverage your unique qualities, it wastes them. You can’t simply power through — that’s just not how our bodies and our brains work. Nobody knows better than you that we can’t get to Mars by ignoring the laws of physics. Nor can we get where we want to go by ignoring scientific laws in our daily lives,” Huffington wrote.

See also:

Apple CEO Tim Cook: ‘If you love what you do, you will never work a day in your life’ is ‘total crock’

Billionaire Mark Cuban: One of the ‘most patriotic’ things you can do is get ‘obnoxiously rich’

Jeff Bezos says dad emigrated from Cuba alone at 16: ‘His grit, determination, optimism are inspiring’


Company: cnbc, Activity: cnbc, Date: 2019-05-24  Authors: catherine clifford
Keywords: news, cnbc, companies, ignores, youre, working, toxic, huffington, work, problem, social, better, culture, ohanian, tesla, glorifying, things, media, schedules, reddit, extreme


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

‘Very dangerous’: Putin, Trump want to weaken the European Union, top EU official says

There is at least one thing in common between the U.S. and Russia – their willingness to weaken the European Union, a high-ranking European official told CNBC. As European voters prepare to head to the polls later this week and choose new lawmakers to the European Parliament, there is a lot of debate about the challenges within the 28-member union. However, Jyrki Katainen, vice president of the European Commission told CNBC Tuesday that the external challenges have never been so hard. “Countries


There is at least one thing in common between the U.S. and Russia – their willingness to weaken the European Union, a high-ranking European official told CNBC. As European voters prepare to head to the polls later this week and choose new lawmakers to the European Parliament, there is a lot of debate about the challenges within the 28-member union. However, Jyrki Katainen, vice president of the European Commission told CNBC Tuesday that the external challenges have never been so hard. “Countries
‘Very dangerous’: Putin, Trump want to weaken the European Union, top EU official says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-22  Authors: silvia amaro
Keywords: news, cnbc, companies, challenges, better, states, european, russia, putin, told, president, dangerous, eu, trump, official, katainen, union, united, weaken


'Very dangerous': Putin, Trump want to weaken the European Union, top EU official says

There is at least one thing in common between the U.S. and Russia – their willingness to weaken the European Union, a high-ranking European official told CNBC.

As European voters prepare to head to the polls later this week and choose new lawmakers to the European Parliament, there is a lot of debate about the challenges within the 28-member union. However, Jyrki Katainen, vice president of the European Commission told CNBC Tuesday that the external challenges have never been so hard.

“Countries like Russia, China but also the United States have challenged us harder than before,” Katainen said in Brussels.

“We are (for the) first time in the history in a situation where the President of the United States and (the) President of Russia seem to share the same view on Europe: the weaker, the better, because they think that it’s better for their own country, which is obviously not right,” Katainen, who is also the former prime minister of Finland said.

The transatlantic relationship has been particularly challenging for the EU since President Trump came into power in 2016. Their differences have been clear on issues such as climate change and trade.


Company: cnbc, Activity: cnbc, Date: 2019-05-22  Authors: silvia amaro
Keywords: news, cnbc, companies, challenges, better, states, european, russia, putin, told, president, dangerous, eu, trump, official, katainen, union, united, weaken


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Apple’s new Powerbeats Pro headphones are better than AirPods, but they’re expensive

What’s goodThe Powerbeats Pro headphones. The Powerbeats Pro headphones. What’s badThe Powerbeats Pro headphones case is huge. The Powerbeats Pro case is much larger than the AirPods case. The Powerbeats Pro headphones.


What’s goodThe Powerbeats Pro headphones. The Powerbeats Pro headphones. What’s badThe Powerbeats Pro headphones case is huge. The Powerbeats Pro case is much larger than the AirPods case. The Powerbeats Pro headphones.
Apple’s new Powerbeats Pro headphones are better than AirPods, but they’re expensive Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: todd haselton
Keywords: news, cnbc, companies, headphones, apples, airpods, case, silly, powerbeats, expensive, theyre, todd, haselton, look, charging, better, pro


Apple's new Powerbeats Pro headphones are better than AirPods, but they're expensive

I think the Powerbeats Pro look less silly than AirPods. You may disagree. Todd Haselton | CNBC

I love my AirPods. I even bought the latest model that added a few new features and wireless charging. But it still drives me nuts that they look like silly little earrings. That’s why I was excited when Apple’s Beats brand recently announced the Powerbeats Pro, a set of headphones with many of the features of AirPods but with a sportier design. The $250 Powerbeats Pro are great, and you should buy them if you think AirPods look silly or if you’ve found they just don’t fit your ears properly. Plus, these are better for exercise thanks to features like sweat-resistance. Here’s what you need to know about them.

What’s good

The Powerbeats Pro headphones. Todd Haselton | CNBC

The Powerbeats Pro look like sporty headphones that you might normally see in a gym, with ear hooks that hang over your ears to help them stay on better. Some people disagree, but I think they look less goofy than AirPods, especially in the more discrete black color. They also have rubber buds that feel more comfortable than AirPods over time. And they will fit more ears than AirPods, which come in only one size. I like how the rubber seemed to help block out background noise, too, and combined with the hooks, made the earbuds feel really sturdy in my ears. I don’t worry often about AirPods falling out, but these really feel more secure and ready for jogging on a treadmill. The sound quality is also better than AirPods. Beats is known for producing extra bass, and that’s true here. Music just seems to sound more full than with AirPods. I’ve never complained about the audio quality of AirPods, though, so it’s not like those are bad. Powerbeats Pro just sound a little better.

The Powerbeats Pro headphones. Todd Haselton | CNBC

They also feature a lot of the new functions that were introduced with Apple’s second-generation AirPods. That includes a new H1 chip that pairs almost instantly with an iPhone or iPad. Just open the case, look at your iPhone, tap “pair” and you’re all set. Plus, it takes just a couple seconds to switch between an iPad or iPhone. I just opened the Bluetooth menu, selected the Powerbeats Pro, and the music transfers. Battery life is great. They lasted from about 10 a.m. until 5 p.m., though I took them off for lunch and to speak with colleagues from time to time and still had 40 percent left on the charge, which is better than the nine hours of listening Apple promises. To charge them, just drop the headphones in the batter case to get up to 24 more hours of battery life. That’s more than I think most people need. Dropping the buds in the case also gives you 1.5 hours of battery life after just 5 minutes, which is convenient if you have dead headphones and need some extra juice in a pinch. Call quality was also good. My wife said I sounded like I was on a headset, and that the call was still really clear. I was also able to walk pretty far from my phone, about 100 feet down a hallway, before the call started to cut in and out.

The Powerbeats Pro headphones charging in their case. Todd Haselton | CNBC

Finally, I liked that I could say “Hey Siri,” and ask Apple’s voice assistant the weather or to play music. The headphones seemed to understand me well, but there’s also a dedicated button on each earbud that you can hold and press to access Siri. You can also tap either button to play and pause music. I found this more convenient than tapping the sides of AirPods, which have the same function but don’t have buttons.

What’s bad

The Powerbeats Pro headphones case is huge. Todd Haselton | CNBC

My biggest problem with the Powerbeats Pro is that the charging case is huge compared with the one you get for AirPods. You could jam it into your pocket, sure, but it would look awfully silly. It’s best for keeping in purses and backpacks. That’s not as convenient as AirPods, which I always have in my pocket. They’re so discrete I often forget I even have my AirPods with me.

The Powerbeats Pro case is much larger than the AirPods case. Todd Haselton | CNBC

They’re also expensive. The new AirPods start at $159, but cost $199 if you want the wireless charging case. The Powerbeats Pro cost $249 and don’t have wireless charging. That means, unlike the new AirPods, you can’t just drop the case on a wireless charging pad that you might also use with your iPhone to power it up. This isn’t a deal breaker. It just seems like a feature you’d get for the price. Also, it’s kind of silly, but I always felt like I was playing with a puzzle trying to get the headphones back into the case. They snap in with magnets when you align them right, but you have to remember which way they face. It’s easier to pop AirPods back in.

Should you buy them?

The Powerbeats Pro headphones. Todd Haselton | CNBC


Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: todd haselton
Keywords: news, cnbc, companies, headphones, apples, airpods, case, silly, powerbeats, expensive, theyre, todd, haselton, look, charging, better, pro


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post