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Alisterrox

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- AlisterroxAlisterrox
  ·2021-06-26
  Good move to more market share
  Microsoft sent a strong signal to developers that could hurt Apple and Google
  Microsoft launched a broadside against rivals Apple and Google on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.“Windows has always stood for sovereignty for creators and agency for consumer
  Microsoft sent a strong signal to developers that could hurt Apple and Google
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- AlisterroxAlisterrox
  ·2021-06-25
  Good
  Prominent investor Scott Minerd predicts the 'real bottom' in the price of bitcoin
  Prominent investor Scott Minerd told CNBC that the fall inbitcoinis not yet over and shared his fore
  Prominent investor Scott Minerd predicts the 'real bottom' in the price of bitcoin
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- AlisterroxAlisterrox
  ·2021-06-25
  Good
  Netflix: Thoughts On Spielberg And Merchandise Models
  Summary Netflix stock remains a great long-term idea as the company gathers more subscribers, altho
  Netflix: Thoughts On Spielberg And Merchandise Models
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- AlisterroxAlisterrox
  ·2021-06-25
  Wow
  Infrastructure and the stock market -- here's what the $1 trillion deal means
  Maybe it really is infrastructure week. Stock-market investors applauded Thursday, pushing the Dow J
  Infrastructure and the stock market -- here's what the $1 trillion deal means
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- AlisterroxAlisterrox
  ·2021-06-24
  Wow
  John McAfee, Antivirus Software Pioneer, Found Dead in Prison
  (Bloomberg) -- John McAfee, the creator of the eponymous antivirus software, was found dead Wednesda
  John McAfee, Antivirus Software Pioneer, Found Dead in Prison
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It’s why we’re introducing new store commerce models and policies.”</p>\n<p>The move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.</p>\n<p>Apple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.</p>\n<p>Google, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.</p>\n<h3><b>Microsoft has been criticizing Apple’s policies</b></h3>\n<p>This isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.</p>\n<p>More recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.</p>\n<p>That led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p><img src=\"https://static.tigerbbs.com/d92ddac610658f60945c72fc4da23210\" tg-width=\"1024\" tg-height=\"640\" referrerpolicy=\"no-referrer\">Microsoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft</p>\n<p>Microsoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.</p>\n<p>Epic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.</p>\n<p>Epic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.</p>\n<h3><b>Microsoft could win over developers</b></h3>\n<p>With its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.</p>\n<p>While Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft sent a strong signal to developers that could hurt Apple and Google</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft sent a strong signal to developers that could hurt Apple and Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 17:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","MSFT":"微软","03086":"华夏纳指","AAPL":"苹果","QNETCN":"纳斯达克中美互联网老虎指数","GOOG":"谷歌","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2146023165","content_text":"Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.\nThat’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.\n“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”\nThe move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.\nApple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.\nGoogle, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.\nMicrosoft has been criticizing Apple’s policies\nThis isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.\nMore recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.\nThat led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and Facebook.\nMicrosoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft\nMicrosoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.\nEpic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.\nEpic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.\nMicrosoft could win over developers\nWith its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.\nWhile Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122695099,"gmtCreate":1624615091811,"gmtModify":1703841772335,"author":{"id":"3582019280173050","authorId":"3582019280173050","name":"Alisterrox","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582019280173050","authorIdStr":"3582019280173050"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122695099","repostId":"1102706768","repostType":4,"repost":{"id":"1102706768","pubTimestamp":1624604893,"share":"https://ttm.financial/m/news/1102706768?lang=&edition=fundamental","pubTime":"2021-06-25 15:08","market":"us","language":"en","title":"Prominent investor Scott Minerd predicts the 'real bottom' in the price of bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1102706768","media":"CNBC","summary":"Prominent investor Scott Minerd told CNBC that the fall inbitcoinis not yet over and shared his fore","content":"<div>\n<p>Prominent investor Scott Minerd told CNBC that the fall inbitcoinis not yet over and shared his forecast for where the “real bottom” in the cryptocurrency’s price could be.\nMinerd told CNBC’s Nancy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/guggenheims-scott-minerd-on-real-bottom-of-bitcoin-price.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prominent investor Scott Minerd predicts the 'real bottom' in the price of bitcoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nProminent investor Scott Minerd predicts the 'real bottom' in the price of bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 15:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/25/guggenheims-scott-minerd-on-real-bottom-of-bitcoin-price.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prominent investor Scott Minerd told CNBC that the fall inbitcoinis not yet over and shared his forecast for where the “real bottom” in the cryptocurrency’s price could be.\nMinerd told CNBC’s Nancy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/guggenheims-scott-minerd-on-real-bottom-of-bitcoin-price.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/25/guggenheims-scott-minerd-on-real-bottom-of-bitcoin-price.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102706768","content_text":"Prominent investor Scott Minerd told CNBC that the fall inbitcoinis not yet over and shared his forecast for where the “real bottom” in the cryptocurrency’s price could be.\nMinerd told CNBC’s Nancy Hungerford on Thursday that every “major” run-up in bitcoin has been followed by a correction of around 80%.\nEarlier this year, bitcoin prices more than doubled to reach an all-time high of around $65,000 in April. The cryptocurrency currently last traded at around $34,000 per unit, which is more than 40% off that record level.\nMinerd had predicted“a major correction”in bitcoin prior to the latest plunge.\n“The real bottom, when you look at the technicals, $10,000 would be the real bottom. You know, that’s probably a little extreme. So I would say [$15,000],” said Minerd, global chief investment officer of Guggenheim Partners.\n“If it got to $20,000, I wouldn’t be in a hurry to buy it because when markets like this wash out, it … usually takes a couple of years of consolidation. So I don’t think people need to be anxious to be putting money in bitcoin right now,” he added.\nMinerd said the declines in bitcoin have come as central banks have started to ease the amount of money they inject into the economy. He added that the easing in money supply is not yet done — implying that the cryptocurrency has more room to fall.\nBut Minerd said he remains bullish about bitcoin over the long term as more institutional money flows into the cryptocurrency. Until that happens, bitcoin remains “a highly volatile speculative asset,” he added.\nThe investor hadpreviously shared his predictionthat bitcoin would eventually reach $400,000 to $600,000 per unit.","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122692596,"gmtCreate":1624615048915,"gmtModify":1703841772174,"author":{"id":"3582019280173050","authorId":"3582019280173050","name":"Alisterrox","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582019280173050","authorIdStr":"3582019280173050"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122692596","repostId":"1172045400","repostType":4,"repost":{"id":"1172045400","pubTimestamp":1624611294,"share":"https://ttm.financial/m/news/1172045400?lang=&edition=fundamental","pubTime":"2021-06-25 16:54","market":"us","language":"en","title":"Netflix: Thoughts On Spielberg And Merchandise Models","url":"https://stock-news.laohu8.com/highlight/detail?id=1172045400","media":"seekingalpha","summary":"Summary\n\nNetflix stock remains a great long-term idea as the company gathers more subscribers, altho","content":"<p><b>Summary</b></p>\n<ul>\n <li>Netflix stock remains a great long-term idea as the company gathers more subscribers, although growth rates may temper.</li>\n <li>The company has two news items recently attached to its story that are notable for investors.</li>\n <li>One: A new merchandise initiative has begun which will hopefully be a top priority.</li>\n <li>Two: Spielberg's Amblin Partners has struck a deal with the streamer.</li>\n <li>Netflix is richly valued at the moment, but should certainly be considered on pullbacks.</li>\n</ul>\n<p>News flow on Netflix (NFLX) has two items that have captured my attention. One involves a hopefully redoubled push into the world of merchandising; the other involves Steven Spielberg. Both are pretty big news for shareholders, although the merchandising will probably carry more weight for some.</p>\n<p>I am going to briefly weigh in on both of these items. Netflix stock itself continues to be a long-term holding. The streaming industry seems to remain in a growth phase, and as other competitors come online, the fact of the matter remains that Netflix has subscriber-scale and will continue to gain subscriber-scale, although growth rates may disappoint during some quarters as time goes on (when you get this big, it's not going to be a straight line all the time). Valuation is rated negatively on theSA system, so pullbacks are your friend when it comes to adding to the shares.</p>\n<p><b>The Merchandising Angle</b></p>\n<p>Admittedly, I thought Netflix would have been at a higher critical-mass in terms of consumer-product sales by now, but that's okay; it takes time to catch up to Disney (DIS) on this one.</p>\n<p>Back on June 10,SA reportedon the company's new electronic-commerce shop. There weren't many details - essentially, it's a site where things tied to Netflix would be sold. Some IP was mentioned:<i>The Witcher</i>, a couple anime programs, and, of course,<i>Stranger Things</i>.</p>\n<p>As time goes on, we will presumably hear more about the company's merchandising endeavors, but the bigger point here is the concept of CEO Reed Hastings continuing to keep ancillary sales in the forefront of his mind. While streaming revenue obviously is the core business, and investment in high-quality content is the ultimate driver of that success, diversity in the top line will become more crucial as the company seeks to offset the expensive nature of content production.</p>\n<p>Thisarticleoffers up more perspective. The merchandise meant to be sold on the site at this time is, according to the author, composed of a \"bespoke\" approach as opposed to \"mass-market.\" In other words: the company wants to go slow and collect data on what works and what doesn't on a more collector-targeted model of merchandising. Sure, that makes sense...start a company site so that more of the profit can be kept as opposed to straight licensing deals, but in doing so, there is a curve of experience that must be traveled.</p>\n<p>My advice would be to keep that learning curve at low duration and to concentrate on the mass market. Incremental sales are important, but they work best in conjunction with programs that are meant to sell millions of units. That might lead to growing pains, but focusing on higher-profile IP such as<i>Things</i>will help to cross-promote the service and the new consumer business in a similar way to Disney's modus operandi.</p>\n<p>Beyond synergy, the main goal of selling consumer products should be, of course, revenue/profit. Headlines a couple of years ago, like thisone, touted the possibility of<i>Things</i>reaching $1 billion in sales at some eventual point. I am assuming it will happen, and believe this should be the key area of investment for the company's current retail plan. Hastings should, in fact, be obsessed with selling merchandise tied to this IP and to reaching the billion-dollar level. It will prove to Wall Street that the company can effectively hedge (to some degree) its streaming service against other lines of business.</p>\n<p>This leads to another discussion topic that is nevertheless related: when will the company make a more significant move into video games? Yes, streaming video games may not be in the cards in the near future, but producing physical video games for sale would help the company grow a consumer-products segment. Just ask Disney. Then again, maybe<i>don't</i>(necessarily) ask Disney. That company famously invested capital in development studios and the Infinity toys-to-life line, only to see it all collapse and the company to revert back to a licensing model. Navigating the technical world of game development is obviously tough, but Netflix is a technology company already, so it may have some advantage here.</p>\n<p>If Netflix created platformer-type games for modern consoles, as well as roleplaying titles, based on high-profile IP (again,<i>Things</i>), then it probably could scale consumer products at a faster growth rate.<i>Things</i>already has been given the video-game treatment, but I believe the franchise has only scratched that surface, and that the company as a whole would do well to focus on physical releases of games.</p>\n<p><b>Spielberg And Netflix</b></p>\n<p>Next up is the Netflix-Amblin Partnersdeal. Amblin Partners is Steven Spielberg's production company, and it is composed of investors Reliance Entertainment, Hasbro's (HAS) Entertainment One, Alibaba Pictures, and Comcast's (CMCSA) Universal Pictures. Make no mistake - the presence of all those associated companies does not change the fact that Spielberg runs the show with total control. And Netflix does not care about any of them, or whatever expertise they might bring to the proverbial table - it is the name Spielberg that means everything.</p>\n<p>Yet, interestingly, there may be some risk here - I'll get to that in a moment. First, let's think about the positive aspects of the deal. To overstate the obvious, it's Spielberg, and that name carries value, both in terms of Hollywood talent and prestige with consumers. One could argue that the aesthetic Spielberg created with his older projects essentially drove the success of the<i>Things</i>series (him, and Stephen King, of course). In a weird sense, it's almost logical that the famous mogul would eventually find his way to Netflix, no matter what he said about day-and-date streaming vis a vis awards-eligibility (see previous news item).</p>\n<p>But his somewhat controversial comments about that are probably the least interesting aspect of the deal. Netflix is making a bet - a bet that Spielberg somehow comes up with some content, perhaps a new franchise, that drives subscriber counts, or at the very least, combats churn. Most articles on this topic point to Netflix's stalwart commitment to releasing new movies/episodic on a weekly basis; Hastings clearly wants to exploit a volume strategy as a means of getting the company to 300 million global accounts (and beyond).</p>\n<p>Is Spielberg up to the challenge? Reported details on the deal are nonexistent as far as I can tell, but I presume he is being handsomely compensated for his time and branding. However, there is something else Spielberg clearly chases: other people's money. It's why Amblin is no longer Amblin but Amblin Partners. And it's why Amblin Partners is partnering up with Netflix because, again, no details, but there is indication that the streaming giant will finance at least some of the projects (I'm guessing it will be for all of the projects essentially, but that's a guess).</p>\n<p>However, what has been reported about the terms is confusing. It's been stated that at least two movies will be produced each year for Netflix, with Spielberg apparently not obligated to direct them. That in and of itself is not necessarily a bad codicil, as being an executive producer - and Spielberg does seem like a hands-on executive producer most of the time - still carries weight, both creatively and with branding.</p>\n<p>When I first heard of the deal, I assumed it might be for several movies and episodic series per year, and to be sure, that might end up being the case...that would make more sense, as Spielberg is notorious for having so many optioned ideas in his portfolio, and Netflix would be a perfect solution for access to capital for budgets as well as built-in distribution on<i>the</i>current platform of the world. And therefore, Netflix finds another point of satiation for its volume desire.</p>\n<p>Yet, if Amblin Partners is still making stuff for Universal, what exactly will be the kind of product that will go over on the Netflix side of the ledger? Will it be less mainstream fare, perhaps? Artistic experiments? Presumably the next<i>Jurassic Park</i>feature will never be financed by the streamer, but can shareholders count on the Partners to produce some new IP that will sell a bunch of toys (and thus brings us back to the first part of this article)?</p>\n<p>While Spielberg is a genius, he's made so much product over the years (mostly as producer) that much of it is bound to underwhelm on some level. And even when something seems like a can't-miss effort, it nevertheless can falter. Take Disney's<i>The BFG</i>, as an example. Spielberg directed the feature, and at the time, it seemed a return to form: a tentpole launch of a potential franchise guaranteed to hit the mainstream marketing buttons and move a ton of ticket sales and merchandise. It did nothing of the sort, asI wroteback in July 2016.</p>\n<p>And that delineates a risk. Sometimes capital invested in Spielberg won't resonate, no matter how well-intentioned from a commercial standpoint. The counterargument to that is the fact that there exists a lower threshold of acceptance of content on Netflix - i.e., since you don't have the friction of getting to a theater, taking a chance on a film that would have previously been in theaters is an endeavor of simplicity. Seriously, it goes a long way toward explaining the outsized success of Adam Sandler on the platform.</p>\n<p>Certainly, Spielberg's projects, whether directed by him or merely produced by him, will hit Netflix with a significant factor of awareness and acceptance. Still, if he perhaps saves some of the better stuff for Universal and theaters, then Netflix may not get the best ROI on his content. Again, it's a risk, and results remain to be seen. The goal is for viewing hours to accumulate at the highest levels for someone of his caliber, so hopefully for shareholders he plays the game the way Hastings wants him to play it (although the CEO obviously chases awards, there's no question in my mind that commerce comes first as far as he is concerned).</p>\n<p>Every one of these partnerships and overall deals acts like little acquisitions the company makes over time, as opposed to buying a Pixar or a Lucasfilm outright, and they aim to produce content that will produce a surplus yield of interest on the part of subscribers. Sometimes that's the best way for Netflix to measure success for any given piece of content or individual talent since the company's brand equity and overall volume of content essentially drives subscriptions... its first-mover position really affords it a lot of strength, and if Spielberg failed on the platform, it won't mean the end of the business model. That doesn't mean, though, that the company can spend large amounts of money on random deals with talent; each one must be smartly designed with an eye on return.</p>\n<p>I'm fascinated by the Spielberg deal and am anxious to see what the first projects turn out to be.</p>\n<p><b>Conclusion</b></p>\n<p>Both of these news items help to tell the story of the Netflix thesis: volume of content leads to increasing subscription revenue which helps to open up new revenue streams, such as merchandising. Both items include risk factors in terms of appropriate capital allocation, and even though something like the Spielberg deal is just one of many and that most don't have high-stakes attached to them, I firmly believe that each transaction must be approached with maximum analysis and should be looked upon as high-stake entities - in other words, take each one seriously and make sure not to overpay.</p>\n<p>While the company is heading toward a more sustainable free-cash-flow situation (as mentionedhere), every dollar still counts - that may be a cliché, but with Netflix, longtime shareholders know exactly what I'm talking about (and for those who may not or are new to the company, it refers to Netflix sacrificing free cash to capitalize original-content creation).</p>\n<p>At the time of this writing, the stock was at roughly the midpoint of its 52-week range, with a price of $512. The low for the year of $432 compared to a high of $593. Valuation as I mentioned at the top of the article is on the expensive side, butgrowthandprofitabilityrate as high on the SA quote system. With cash flow projected to improve over time, and considering the company's dominant position in the streaming space with 200+ million global subscribers (and I think 300 million is an inevitability in the years to come), the stock should be watch-listed and considered on proverbial pullbacks.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix: Thoughts On Spielberg And Merchandise Models</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix: Thoughts On Spielberg And Merchandise Models\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 16:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436533-netflix-thoughts-on-spielberg-and-merchandise-models><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNetflix stock remains a great long-term idea as the company gathers more subscribers, although growth rates may temper.\nThe company has two news items recently attached to its story that are ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436533-netflix-thoughts-on-spielberg-and-merchandise-models\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://seekingalpha.com/article/4436533-netflix-thoughts-on-spielberg-and-merchandise-models","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1172045400","content_text":"Summary\n\nNetflix stock remains a great long-term idea as the company gathers more subscribers, although growth rates may temper.\nThe company has two news items recently attached to its story that are notable for investors.\nOne: A new merchandise initiative has begun which will hopefully be a top priority.\nTwo: Spielberg's Amblin Partners has struck a deal with the streamer.\nNetflix is richly valued at the moment, but should certainly be considered on pullbacks.\n\nNews flow on Netflix (NFLX) has two items that have captured my attention. One involves a hopefully redoubled push into the world of merchandising; the other involves Steven Spielberg. Both are pretty big news for shareholders, although the merchandising will probably carry more weight for some.\nI am going to briefly weigh in on both of these items. Netflix stock itself continues to be a long-term holding. The streaming industry seems to remain in a growth phase, and as other competitors come online, the fact of the matter remains that Netflix has subscriber-scale and will continue to gain subscriber-scale, although growth rates may disappoint during some quarters as time goes on (when you get this big, it's not going to be a straight line all the time). Valuation is rated negatively on theSA system, so pullbacks are your friend when it comes to adding to the shares.\nThe Merchandising Angle\nAdmittedly, I thought Netflix would have been at a higher critical-mass in terms of consumer-product sales by now, but that's okay; it takes time to catch up to Disney (DIS) on this one.\nBack on June 10,SA reportedon the company's new electronic-commerce shop. There weren't many details - essentially, it's a site where things tied to Netflix would be sold. Some IP was mentioned:The Witcher, a couple anime programs, and, of course,Stranger Things.\nAs time goes on, we will presumably hear more about the company's merchandising endeavors, but the bigger point here is the concept of CEO Reed Hastings continuing to keep ancillary sales in the forefront of his mind. While streaming revenue obviously is the core business, and investment in high-quality content is the ultimate driver of that success, diversity in the top line will become more crucial as the company seeks to offset the expensive nature of content production.\nThisarticleoffers up more perspective. The merchandise meant to be sold on the site at this time is, according to the author, composed of a \"bespoke\" approach as opposed to \"mass-market.\" In other words: the company wants to go slow and collect data on what works and what doesn't on a more collector-targeted model of merchandising. Sure, that makes sense...start a company site so that more of the profit can be kept as opposed to straight licensing deals, but in doing so, there is a curve of experience that must be traveled.\nMy advice would be to keep that learning curve at low duration and to concentrate on the mass market. Incremental sales are important, but they work best in conjunction with programs that are meant to sell millions of units. That might lead to growing pains, but focusing on higher-profile IP such asThingswill help to cross-promote the service and the new consumer business in a similar way to Disney's modus operandi.\nBeyond synergy, the main goal of selling consumer products should be, of course, revenue/profit. Headlines a couple of years ago, like thisone, touted the possibility ofThingsreaching $1 billion in sales at some eventual point. I am assuming it will happen, and believe this should be the key area of investment for the company's current retail plan. Hastings should, in fact, be obsessed with selling merchandise tied to this IP and to reaching the billion-dollar level. It will prove to Wall Street that the company can effectively hedge (to some degree) its streaming service against other lines of business.\nThis leads to another discussion topic that is nevertheless related: when will the company make a more significant move into video games? Yes, streaming video games may not be in the cards in the near future, but producing physical video games for sale would help the company grow a consumer-products segment. Just ask Disney. Then again, maybedon't(necessarily) ask Disney. That company famously invested capital in development studios and the Infinity toys-to-life line, only to see it all collapse and the company to revert back to a licensing model. Navigating the technical world of game development is obviously tough, but Netflix is a technology company already, so it may have some advantage here.\nIf Netflix created platformer-type games for modern consoles, as well as roleplaying titles, based on high-profile IP (again,Things), then it probably could scale consumer products at a faster growth rate.Thingsalready has been given the video-game treatment, but I believe the franchise has only scratched that surface, and that the company as a whole would do well to focus on physical releases of games.\nSpielberg And Netflix\nNext up is the Netflix-Amblin Partnersdeal. Amblin Partners is Steven Spielberg's production company, and it is composed of investors Reliance Entertainment, Hasbro's (HAS) Entertainment One, Alibaba Pictures, and Comcast's (CMCSA) Universal Pictures. Make no mistake - the presence of all those associated companies does not change the fact that Spielberg runs the show with total control. And Netflix does not care about any of them, or whatever expertise they might bring to the proverbial table - it is the name Spielberg that means everything.\nYet, interestingly, there may be some risk here - I'll get to that in a moment. First, let's think about the positive aspects of the deal. To overstate the obvious, it's Spielberg, and that name carries value, both in terms of Hollywood talent and prestige with consumers. One could argue that the aesthetic Spielberg created with his older projects essentially drove the success of theThingsseries (him, and Stephen King, of course). In a weird sense, it's almost logical that the famous mogul would eventually find his way to Netflix, no matter what he said about day-and-date streaming vis a vis awards-eligibility (see previous news item).\nBut his somewhat controversial comments about that are probably the least interesting aspect of the deal. Netflix is making a bet - a bet that Spielberg somehow comes up with some content, perhaps a new franchise, that drives subscriber counts, or at the very least, combats churn. Most articles on this topic point to Netflix's stalwart commitment to releasing new movies/episodic on a weekly basis; Hastings clearly wants to exploit a volume strategy as a means of getting the company to 300 million global accounts (and beyond).\nIs Spielberg up to the challenge? Reported details on the deal are nonexistent as far as I can tell, but I presume he is being handsomely compensated for his time and branding. However, there is something else Spielberg clearly chases: other people's money. It's why Amblin is no longer Amblin but Amblin Partners. And it's why Amblin Partners is partnering up with Netflix because, again, no details, but there is indication that the streaming giant will finance at least some of the projects (I'm guessing it will be for all of the projects essentially, but that's a guess).\nHowever, what has been reported about the terms is confusing. It's been stated that at least two movies will be produced each year for Netflix, with Spielberg apparently not obligated to direct them. That in and of itself is not necessarily a bad codicil, as being an executive producer - and Spielberg does seem like a hands-on executive producer most of the time - still carries weight, both creatively and with branding.\nWhen I first heard of the deal, I assumed it might be for several movies and episodic series per year, and to be sure, that might end up being the case...that would make more sense, as Spielberg is notorious for having so many optioned ideas in his portfolio, and Netflix would be a perfect solution for access to capital for budgets as well as built-in distribution onthecurrent platform of the world. And therefore, Netflix finds another point of satiation for its volume desire.\nYet, if Amblin Partners is still making stuff for Universal, what exactly will be the kind of product that will go over on the Netflix side of the ledger? Will it be less mainstream fare, perhaps? Artistic experiments? Presumably the nextJurassic Parkfeature will never be financed by the streamer, but can shareholders count on the Partners to produce some new IP that will sell a bunch of toys (and thus brings us back to the first part of this article)?\nWhile Spielberg is a genius, he's made so much product over the years (mostly as producer) that much of it is bound to underwhelm on some level. And even when something seems like a can't-miss effort, it nevertheless can falter. Take Disney'sThe BFG, as an example. Spielberg directed the feature, and at the time, it seemed a return to form: a tentpole launch of a potential franchise guaranteed to hit the mainstream marketing buttons and move a ton of ticket sales and merchandise. It did nothing of the sort, asI wroteback in July 2016.\nAnd that delineates a risk. Sometimes capital invested in Spielberg won't resonate, no matter how well-intentioned from a commercial standpoint. The counterargument to that is the fact that there exists a lower threshold of acceptance of content on Netflix - i.e., since you don't have the friction of getting to a theater, taking a chance on a film that would have previously been in theaters is an endeavor of simplicity. Seriously, it goes a long way toward explaining the outsized success of Adam Sandler on the platform.\nCertainly, Spielberg's projects, whether directed by him or merely produced by him, will hit Netflix with a significant factor of awareness and acceptance. Still, if he perhaps saves some of the better stuff for Universal and theaters, then Netflix may not get the best ROI on his content. Again, it's a risk, and results remain to be seen. The goal is for viewing hours to accumulate at the highest levels for someone of his caliber, so hopefully for shareholders he plays the game the way Hastings wants him to play it (although the CEO obviously chases awards, there's no question in my mind that commerce comes first as far as he is concerned).\nEvery one of these partnerships and overall deals acts like little acquisitions the company makes over time, as opposed to buying a Pixar or a Lucasfilm outright, and they aim to produce content that will produce a surplus yield of interest on the part of subscribers. Sometimes that's the best way for Netflix to measure success for any given piece of content or individual talent since the company's brand equity and overall volume of content essentially drives subscriptions... its first-mover position really affords it a lot of strength, and if Spielberg failed on the platform, it won't mean the end of the business model. That doesn't mean, though, that the company can spend large amounts of money on random deals with talent; each one must be smartly designed with an eye on return.\nI'm fascinated by the Spielberg deal and am anxious to see what the first projects turn out to be.\nConclusion\nBoth of these news items help to tell the story of the Netflix thesis: volume of content leads to increasing subscription revenue which helps to open up new revenue streams, such as merchandising. Both items include risk factors in terms of appropriate capital allocation, and even though something like the Spielberg deal is just one of many and that most don't have high-stakes attached to them, I firmly believe that each transaction must be approached with maximum analysis and should be looked upon as high-stake entities - in other words, take each one seriously and make sure not to overpay.\nWhile the company is heading toward a more sustainable free-cash-flow situation (as mentionedhere), every dollar still counts - that may be a cliché, but with Netflix, longtime shareholders know exactly what I'm talking about (and for those who may not or are new to the company, it refers to Netflix sacrificing free cash to capitalize original-content creation).\nAt the time of this writing, the stock was at roughly the midpoint of its 52-week range, with a price of $512. The low for the year of $432 compared to a high of $593. Valuation as I mentioned at the top of the article is on the expensive side, butgrowthandprofitabilityrate as high on the SA quote system. With cash flow projected to improve over time, and considering the company's dominant position in the streaming space with 200+ million global subscribers (and I think 300 million is an inevitability in the years to come), the stock should be watch-listed and considered on proverbial pullbacks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122690151,"gmtCreate":1624614770173,"gmtModify":1703841763092,"author":{"id":"3582019280173050","authorId":"3582019280173050","name":"Alisterrox","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582019280173050","authorIdStr":"3582019280173050"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122690151","repostId":"2146402599","repostType":4,"repost":{"id":"2146402599","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624614000,"share":"https://ttm.financial/m/news/2146402599?lang=&edition=fundamental","pubTime":"2021-06-25 17:40","market":"us","language":"en","title":"Infrastructure and the stock market -- here's what the $1 trillion deal means","url":"https://stock-news.laohu8.com/highlight/detail?id=2146402599","media":"Dow Jones","summary":"Maybe it really is infrastructure week.\nStock-market investors applauded Thursday, pushing the Dow J","content":"<p>Maybe it really is infrastructure week.</p>\n<p>Stock-market investors applauded Thursday, pushing the Dow Jones Industrial Average sharply higher and scoring another round of record finishes on a $1 trillion infrastructure package.</p>\n<p>Investors have spent years weighing the prospect of a sizable infrastructure spending bill. The breakthrough was welcome after weeks of strained negotiations between the Biden administration and Republican senators earlier this year failed to bear fruit, while a push for a plan during the Trump administration turned the term \"infrastructure week\" into a political punchline.</p>\n<p>Among standout winners in Thursday's session, the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> U.S. Infrastructure Development exchange-traded fund <a href=\"https://laohu8.com/S/PAVE\">$(PAVE)$</a> jumped 1.5%, outpacing major benchmarks. The ETF is weighted toward stocks in industrials (63.4%) and materials (23.7%) that are expected to benefit most from a pickup in construction projects funded by the program.</p>\n<p>Construction-equipment maker Caterpillar Inc. <a href=\"https://laohu8.com/S/CAT\">$(CAT)$</a>, a popular infrastructure play, was among upside leaders on the Dow, ending the day up more than 2%.</p>\n<p>Telecom and green-energy bulls were also cheered by the deal. Josh Duitz, portfolio manager of the <a href=\"https://laohu8.com/S/ASGI\">Aberdeen Standard Global Infrastructure Income Fund</a> (ASGI), expects the deal to help accelerate existing trends toward increased investment in green energy and 5G that are still in their early days.</p>\n<p>\"The prospect of legislation is clearly positive, but the reality is that infrastructure investment is going to be strong going forward regardless of what happens on Capitol Hill,\" Duitz said in emailed comments. \"The green-energy and 5G revolutions are already happening and this bill would simply accelerate infrastructure spending.\"</p>\n<p>More generally speaking, analysts said the deal will add to the fiscal spending tailwind already contributing momentum to the reopening of the U.S. economy. What's more, many investors are penciling in additional spending beyond the scope of the package outlined by Biden and lawmakers on Thursday.</p>\n<p>\"We will very likely get more than $2 trillion in additional spending this year --including this bipartisan agreement and a partisan 'social infrastructure' deal later this year, which bolsters the outlook for corporate profits and should keep this bull market going strong well beyond 2021,\" said Jeff Buchbinder, equity strategist at LPL Financial.</p>\n<p>But significant negotiations are still to come, with Biden and congressional Democratic leaders facing the challenge of securing unified support among fellow party members, noted analysts Sarah Bianchi and Tobin Marcus, analysts at Evercore ISI.</p>\n<p>Momentum has been growing for a two-step approach to infrastructure spending . In that strategy, the bipartisan plan first would draw the 60 votes in the Senate that are needed to bypass the filibuster. Then, Democrats would go it alone to pass another, bigger spending package that includes spending on education, health care and antipoverty measures by a simple majority vote through a process known as budget reconciliation.</p>\n<p>\"Democratic leadership wants to move forward with both the bipartisan deal and the first step in the reconciliation process in July, but the timing of these steps will be delicate as Democrats try to keep both progressives and moderates on board,\" said Bianchi and Marcus, in a note.</p>\n<p>The biggest risk is that progressive Democrats find the deal to be too narrow, though that could be addressed via the second reconciliation bill, said Andrew Little, an analyst at Global X. \"It will take years for this federal money to be spent, making this a continued long-term theme with powerful tailwinds.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Infrastructure and the stock market -- here's what the $1 trillion deal means</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInfrastructure and the stock market -- here's what the $1 trillion deal means\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-25 17:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Maybe it really is infrastructure week.</p>\n<p>Stock-market investors applauded Thursday, pushing the Dow Jones Industrial Average sharply higher and scoring another round of record finishes on a $1 trillion infrastructure package.</p>\n<p>Investors have spent years weighing the prospect of a sizable infrastructure spending bill. The breakthrough was welcome after weeks of strained negotiations between the Biden administration and Republican senators earlier this year failed to bear fruit, while a push for a plan during the Trump administration turned the term \"infrastructure week\" into a political punchline.</p>\n<p>Among standout winners in Thursday's session, the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> U.S. Infrastructure Development exchange-traded fund <a href=\"https://laohu8.com/S/PAVE\">$(PAVE)$</a> jumped 1.5%, outpacing major benchmarks. The ETF is weighted toward stocks in industrials (63.4%) and materials (23.7%) that are expected to benefit most from a pickup in construction projects funded by the program.</p>\n<p>Construction-equipment maker Caterpillar Inc. <a href=\"https://laohu8.com/S/CAT\">$(CAT)$</a>, a popular infrastructure play, was among upside leaders on the Dow, ending the day up more than 2%.</p>\n<p>Telecom and green-energy bulls were also cheered by the deal. Josh Duitz, portfolio manager of the <a href=\"https://laohu8.com/S/ASGI\">Aberdeen Standard Global Infrastructure Income Fund</a> (ASGI), expects the deal to help accelerate existing trends toward increased investment in green energy and 5G that are still in their early days.</p>\n<p>\"The prospect of legislation is clearly positive, but the reality is that infrastructure investment is going to be strong going forward regardless of what happens on Capitol Hill,\" Duitz said in emailed comments. \"The green-energy and 5G revolutions are already happening and this bill would simply accelerate infrastructure spending.\"</p>\n<p>More generally speaking, analysts said the deal will add to the fiscal spending tailwind already contributing momentum to the reopening of the U.S. economy. What's more, many investors are penciling in additional spending beyond the scope of the package outlined by Biden and lawmakers on Thursday.</p>\n<p>\"We will very likely get more than $2 trillion in additional spending this year --including this bipartisan agreement and a partisan 'social infrastructure' deal later this year, which bolsters the outlook for corporate profits and should keep this bull market going strong well beyond 2021,\" said Jeff Buchbinder, equity strategist at LPL Financial.</p>\n<p>But significant negotiations are still to come, with Biden and congressional Democratic leaders facing the challenge of securing unified support among fellow party members, noted analysts Sarah Bianchi and Tobin Marcus, analysts at Evercore ISI.</p>\n<p>Momentum has been growing for a two-step approach to infrastructure spending . In that strategy, the bipartisan plan first would draw the 60 votes in the Senate that are needed to bypass the filibuster. Then, Democrats would go it alone to pass another, bigger spending package that includes spending on education, health care and antipoverty measures by a simple majority vote through a process known as budget reconciliation.</p>\n<p>\"Democratic leadership wants to move forward with both the bipartisan deal and the first step in the reconciliation process in July, but the timing of these steps will be delicate as Democrats try to keep both progressives and moderates on board,\" said Bianchi and Marcus, in a note.</p>\n<p>The biggest risk is that progressive Democrats find the deal to be too narrow, though that could be addressed via the second reconciliation bill, said Andrew Little, an analyst at Global X. \"It will take years for this federal money to be spent, making this a continued long-term theme with powerful tailwinds.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAT":"卡特彼勒"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146402599","content_text":"Maybe it really is infrastructure week.\nStock-market investors applauded Thursday, pushing the Dow Jones Industrial Average sharply higher and scoring another round of record finishes on a $1 trillion infrastructure package.\nInvestors have spent years weighing the prospect of a sizable infrastructure spending bill. The breakthrough was welcome after weeks of strained negotiations between the Biden administration and Republican senators earlier this year failed to bear fruit, while a push for a plan during the Trump administration turned the term \"infrastructure week\" into a political punchline.\nAmong standout winners in Thursday's session, the Global X U.S. Infrastructure Development exchange-traded fund $(PAVE)$ jumped 1.5%, outpacing major benchmarks. The ETF is weighted toward stocks in industrials (63.4%) and materials (23.7%) that are expected to benefit most from a pickup in construction projects funded by the program.\nConstruction-equipment maker Caterpillar Inc. $(CAT)$, a popular infrastructure play, was among upside leaders on the Dow, ending the day up more than 2%.\nTelecom and green-energy bulls were also cheered by the deal. Josh Duitz, portfolio manager of the Aberdeen Standard Global Infrastructure Income Fund (ASGI), expects the deal to help accelerate existing trends toward increased investment in green energy and 5G that are still in their early days.\n\"The prospect of legislation is clearly positive, but the reality is that infrastructure investment is going to be strong going forward regardless of what happens on Capitol Hill,\" Duitz said in emailed comments. \"The green-energy and 5G revolutions are already happening and this bill would simply accelerate infrastructure spending.\"\nMore generally speaking, analysts said the deal will add to the fiscal spending tailwind already contributing momentum to the reopening of the U.S. economy. What's more, many investors are penciling in additional spending beyond the scope of the package outlined by Biden and lawmakers on Thursday.\n\"We will very likely get more than $2 trillion in additional spending this year --including this bipartisan agreement and a partisan 'social infrastructure' deal later this year, which bolsters the outlook for corporate profits and should keep this bull market going strong well beyond 2021,\" said Jeff Buchbinder, equity strategist at LPL Financial.\nBut significant negotiations are still to come, with Biden and congressional Democratic leaders facing the challenge of securing unified support among fellow party members, noted analysts Sarah Bianchi and Tobin Marcus, analysts at Evercore ISI.\nMomentum has been growing for a two-step approach to infrastructure spending . In that strategy, the bipartisan plan first would draw the 60 votes in the Senate that are needed to bypass the filibuster. Then, Democrats would go it alone to pass another, bigger spending package that includes spending on education, health care and antipoverty measures by a simple majority vote through a process known as budget reconciliation.\n\"Democratic leadership wants to move forward with both the bipartisan deal and the first step in the reconciliation process in July, but the timing of these steps will be delicate as Democrats try to keep both progressives and moderates on board,\" said Bianchi and Marcus, in a note.\nThe biggest risk is that progressive Democrats find the deal to be too narrow, though that could be addressed via the second reconciliation bill, said Andrew Little, an analyst at Global X. \"It will take years for this federal money to be spent, making this a continued long-term theme with powerful tailwinds.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126043880,"gmtCreate":1624539615840,"gmtModify":1703839740356,"author":{"id":"3582019280173050","authorId":"3582019280173050","name":"Alisterrox","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582019280173050","authorIdStr":"3582019280173050"},"themes":[],"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126043880","repostId":"2145016997","repostType":4,"repost":{"id":"2145016997","pubTimestamp":1624494962,"share":"https://ttm.financial/m/news/2145016997?lang=&edition=fundamental","pubTime":"2021-06-24 08:36","market":"us","language":"en","title":"John McAfee, Antivirus Software Pioneer, Found Dead in Prison","url":"https://stock-news.laohu8.com/highlight/detail?id=2145016997","media":"Bloomberg","summary":"(Bloomberg) -- John McAfee, the creator of the eponymous antivirus software, was found dead Wednesda","content":"<p>(Bloomberg) -- John McAfee, the creator of the eponymous antivirus software, was found dead Wednesday in prison outside Barcelona, according to the Associated Press. He was 75.</p>\n<p>In recent years, McAfee became a prominent booster of cryptocurrencies, ran unsuccessfully for U.S. president, had numerous run-ins with the law and traded in extreme conspiracy theories.</p>\n<p>McAfee was discovered dead in his prison cell hours after Spain’s National Court approved his extradition to the U.S. over multiple tax fraud charges. Security personnel at the Brians 2 prison in northeast Spain tried but failed to revive him, the Associated Press reported, citing a statement from the region’s government.</p>\n<p>McAfee had been in Spanish custody since October on a June 2020 U.S. indictment in which he was charged with failing to file four years of tax returns while concealing assets. Then in March, he was indicted and accused of fraud and money laundering over his use of social media to promote cryptocurrencies, which prosecutors said generated $13 million in illicit gains for McAfee and a co-conspirator.</p>\n<p>The Justice Department declined to comment and a spokeswoman referred questions to Spanish authorities.</p>\n<p>Before his legal turmoil, McAfee was a pioneer of the cybersecurity industry. He founded <a href=\"https://laohu8.com/S/MCFE\">McAfee Corp.</a> in 1987 in Santa Clara, California, and led the company as it dominated the market for antivirus protection of personal computers. Half of all Fortune 100 companies were using his software during that time. McAfee resigned in 1994. Decades later he told the South China Morning Post that running the company no longer was fun as it grew to a huge corporation with thousands of employees.</p>\n<p>Intel Corp. bought the company in 2010 and later rebranded all McAfee products as Intel Security. After his name was removed, McAfee told the BBC, “I am now everlastingly grateful to Intel for freeing me from this terrible association with the worst software on the planet.”</p>\n<p>McAfee relocated to Belize in 2008 after his $100 million fortune was reduced to $4 million following a series of failed investments in property, real estate and bonds. There he had <a href=\"https://laohu8.com/S/AONE\">one</a> of his biggest conflicts with authorities in 2012 after the killing of a neighbor, Gregory Faull, a 52-year-old contractor and Florida native. McAfee’s home on the island of Ambergris Caye was searched after Faull was shot to death and police said they wanted to question him as part of a murder investigation.</p>\n<p>He then sought asylum in Guatemala in 2012, claiming he wasn’t on the run from authorities in Belize. He turned to social media and public interviews to salvage his reputation, sending updates to Wired magazine, allowing two reporters from Vice magazine to accompany him and posting missives to his own website. He discussed eluding police by burying himself in sand with a cardboard box and changing his appearance.</p>\n<p>McAfee was expelled from Guatemala and arrived in Miami in December 2012. In an interview with Bloomberg News the day of his departure, McAfee, then 67, said he was being forced out of Belize, but was “perfectly happy with the decision.” He apologized to Guatemala’s then-president for putting him in “a slippery position.” He was later ordered by a Florida judge to pay more than $25 million to Faull’s estate.</p>\n<p>In 2016, McAfee announced a run as a presidential candidate for the Libertarian Party, campaigning on a privacy-focused platform that included pushing for the government to create a cybersecurity defense strategy. The party’s nomination was won by former New Mexico Governor Gary Johnson.</p>\n<p>By 2017, McAfee jumped on the Bitcoin bandwagon as chief executive officer of <a href=\"https://laohu8.com/S/MGT\">MGT Capital Investments</a> Inc. He’d promised to turn the former video game operation into a profitable cybersecurity firm by ramping up its Bitcoin mining business. He stepped down later that year to become the CEO of a cryptocurrency company, Luxcore.</p>\n<p>Part of his cryptocurrency venture included charging more than $105,000 per tweet to promote initial coin offerings. McAfee later told his <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> followers he’d been forced to “go dark” on social media after receiving unspecified “threats” from the U.S. Securities and Exchange Commission.</p>\n<p>During the period from 2014 to 2018 McAfee failed to file U.S. tax returns, according to a federal indictment. After eluding law enforcement, he was arrested and detained last October in Spain. From prison, McAfee was able to use Twitter to continue promoting cryptocurrencies, but also to share his experience. In April, he tweeted: “this has been the most trying period in my life.” At that point, he had been in the Catalonian prison for six months.</p>\n<p>In November 2019, McAfee took to Twitter to show off his latest tattoo on his right bicep. It read, ‘$WHACKD.’ In a related tweet, he wrote: “Getting subtle messages from U.S. officials saying, in effect: “We’re coming for you McAfee! We’re going to kill yourself”. I got a tattoo today just in case. If I suicide myself, I didn’t. I was whackd. Check my right arm.”</p>\n<p>“Sometimes genius and madness aren’t far apart and it seems he unfortunately fell prey to his demons,” said Doug Clinton, managing partner at Loup Ventures.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>John McAfee, Antivirus Software Pioneer, Found Dead in Prison</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJohn McAfee, Antivirus Software Pioneer, Found Dead in Prison\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/john-mcafee-antivirus-software-pioneer-223602017.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- John McAfee, the creator of the eponymous antivirus software, was found dead Wednesday in prison outside Barcelona, according to the Associated Press. He was 75.\nIn recent years, McAfee...</p>\n\n<a href=\"https://finance.yahoo.com/news/john-mcafee-antivirus-software-pioneer-223602017.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MCFE":"McAfee Corp.","TWTR":"Twitter"},"source_url":"https://finance.yahoo.com/news/john-mcafee-antivirus-software-pioneer-223602017.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145016997","content_text":"(Bloomberg) -- John McAfee, the creator of the eponymous antivirus software, was found dead Wednesday in prison outside Barcelona, according to the Associated Press. He was 75.\nIn recent years, McAfee became a prominent booster of cryptocurrencies, ran unsuccessfully for U.S. president, had numerous run-ins with the law and traded in extreme conspiracy theories.\nMcAfee was discovered dead in his prison cell hours after Spain’s National Court approved his extradition to the U.S. over multiple tax fraud charges. Security personnel at the Brians 2 prison in northeast Spain tried but failed to revive him, the Associated Press reported, citing a statement from the region’s government.\nMcAfee had been in Spanish custody since October on a June 2020 U.S. indictment in which he was charged with failing to file four years of tax returns while concealing assets. Then in March, he was indicted and accused of fraud and money laundering over his use of social media to promote cryptocurrencies, which prosecutors said generated $13 million in illicit gains for McAfee and a co-conspirator.\nThe Justice Department declined to comment and a spokeswoman referred questions to Spanish authorities.\nBefore his legal turmoil, McAfee was a pioneer of the cybersecurity industry. He founded McAfee Corp. in 1987 in Santa Clara, California, and led the company as it dominated the market for antivirus protection of personal computers. Half of all Fortune 100 companies were using his software during that time. McAfee resigned in 1994. Decades later he told the South China Morning Post that running the company no longer was fun as it grew to a huge corporation with thousands of employees.\nIntel Corp. bought the company in 2010 and later rebranded all McAfee products as Intel Security. After his name was removed, McAfee told the BBC, “I am now everlastingly grateful to Intel for freeing me from this terrible association with the worst software on the planet.”\nMcAfee relocated to Belize in 2008 after his $100 million fortune was reduced to $4 million following a series of failed investments in property, real estate and bonds. There he had one of his biggest conflicts with authorities in 2012 after the killing of a neighbor, Gregory Faull, a 52-year-old contractor and Florida native. McAfee’s home on the island of Ambergris Caye was searched after Faull was shot to death and police said they wanted to question him as part of a murder investigation.\nHe then sought asylum in Guatemala in 2012, claiming he wasn’t on the run from authorities in Belize. He turned to social media and public interviews to salvage his reputation, sending updates to Wired magazine, allowing two reporters from Vice magazine to accompany him and posting missives to his own website. He discussed eluding police by burying himself in sand with a cardboard box and changing his appearance.\nMcAfee was expelled from Guatemala and arrived in Miami in December 2012. In an interview with Bloomberg News the day of his departure, McAfee, then 67, said he was being forced out of Belize, but was “perfectly happy with the decision.” He apologized to Guatemala’s then-president for putting him in “a slippery position.” He was later ordered by a Florida judge to pay more than $25 million to Faull’s estate.\nIn 2016, McAfee announced a run as a presidential candidate for the Libertarian Party, campaigning on a privacy-focused platform that included pushing for the government to create a cybersecurity defense strategy. The party’s nomination was won by former New Mexico Governor Gary Johnson.\nBy 2017, McAfee jumped on the Bitcoin bandwagon as chief executive officer of MGT Capital Investments Inc. He’d promised to turn the former video game operation into a profitable cybersecurity firm by ramping up its Bitcoin mining business. He stepped down later that year to become the CEO of a cryptocurrency company, Luxcore.\nPart of his cryptocurrency venture included charging more than $105,000 per tweet to promote initial coin offerings. McAfee later told his Twitter followers he’d been forced to “go dark” on social media after receiving unspecified “threats” from the U.S. Securities and Exchange Commission.\nDuring the period from 2014 to 2018 McAfee failed to file U.S. tax returns, according to a federal indictment. After eluding law enforcement, he was arrested and detained last October in Spain. From prison, McAfee was able to use Twitter to continue promoting cryptocurrencies, but also to share his experience. In April, he tweeted: “this has been the most trying period in my life.” At that point, he had been in the Catalonian prison for six months.\nIn November 2019, McAfee took to Twitter to show off his latest tattoo on his right bicep. It read, ‘$WHACKD.’ In a related tweet, he wrote: “Getting subtle messages from U.S. officials saying, in effect: “We’re coming for you McAfee! We’re going to kill yourself”. I got a tattoo today just in case. If I suicide myself, I didn’t. I was whackd. Check my right arm.”\n“Sometimes genius and madness aren’t far apart and it seems he unfortunately fell prey to his demons,” said Doug Clinton, managing partner at Loup Ventures.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}