Tumgik
Text
Tiger Global to buy $50 million worth of Wealthfront stock: source
Visit Now - http://zeroviral.com/tiger-global-to-buy-50-million-worth-of-wealthfront-stock-source/
Tiger Global to buy $50 million worth of Wealthfront stock: source
Tumblr media
NEW YORK (Reuters) – U.S. investment firm Tiger Global Management is in the process of buying $50 million worth of shares of online asset management startup Wealthfront, a source familiar with deal said on Friday.
Tiger Global is acquiring the stock on the secondary market mostly from former Wealthfront employees, the source said.
The deal comes a few months after Tiger Global led a $75 million investment into Wealthfront, one of the largest independent companies known as robo-advisers.
Bloomberg reported earlier on Friday that Wealthfront’s valuation was cut to $500 million through the round announced in January. The source who spoke to Reuters disputed the valuation but could not provide the actual figure.
It is unclear how the latest $50 million deal by Tiger Global affects Wealthfront’s valuation.
Representatives for Tiger Global did not immediately respond to requests for comment.
Wealthfront and other robo-advisers automatically create and manage portfolios made up of low-cost exchange-traded-funds for clients with as little as a few hundred dollars to invest.
They are part of a wave of young companies that take advantage of new digital technologies to offer financial services for clients that were traditionally seen as too expensive to service by established financial institutions and target a new generation of investors.
Wealthfront’s assets under management have nearly doubled over the past year to more than $10 billion.
The model pioneered by Wealthfront and its competitors has prompted established financial institutions to launch similar services over the past few years, including Fidelity Investments Charles Schwab Corp and Fidelity Investments. This has led some to question whether the startups can secure enough clients to succeed.
This has prompted startups to diversify their offering with added tools and features.
Reporting by Anna Irrera; Editing by Cynthia Osterman
0 notes
Text
United gives passenger $10,000 travel credit to give up her seat
Visit Now - http://zeroviral.com/united-gives-passenger-10000-travel-credit-to-give-up-her-seat/
United gives passenger $10,000 travel credit to give up her seat
Tumblr media Tumblr media
The Washington, D.C. woman was en route to a bachelorette weekend in Austin, Texas.
 (iStock)
One woman flying United from Washington, D.C. to Austin, Texas was shocked when the carrier offered her a $10,000 travel credit to give up her seat on an oversold flight.
Shortly after 8 a.m. on Thursday, Allison Preiss took to Twitter to express her frustration with United as she flew from Dulles International Airport to a bachelorette weekend in the Lone Star state.
“@united offering $1K in travel credit for an oversold flight. If nobody bites, they will kick off the lowest fare passenger by pulling them out of the boarding line,” wrote Preiss, who is communications director at Washington D.C.-based Center for American Progress. “For a flight that THEY oversold. Unreal.”
SPIRIT AIRLINES APOLOGIZES TO PARKLAND SHOOTING SURVIVOR FOR FLIGHT ATTENDANT’S POLITICAL STATEMENT
In a series of subsequent posts, Preiss detailed that United removed her from the flight and wouldn’t let her board again as her intended seat was broken.
“I AM THE LOWEST FARE PASSENGER.”
“They are kicking me off this flight.”
“They can’t board me on this plane because there is a broken seat.”  
Describing the carrier as “the worst,” Preiss further divulged that United then “tried to get me to sign a document that says I volunteered my seat on this plane when I was involuntarily denied boarding,” which she dubbed “Sketchy af.”
“On the upside, I wasn’t physically dragged off the plane and my dog wasn’t killed on board, so I’ve got that going for me…which is nice,” she mused, referencing the infamous scandal in which Dr. David Dao was dragged off an April 2017 flight and the March death of a dog who passed away in the high skies when he was wrongfully placed in an overhead bin for the duration of the flight.  
“They really do not want to give me cash. They just offered me $10,000 in travel credit. TEN THOUSAND,” Preiss wrote, sharing a photo of the waiver.
FRONTIER AIRLINES KICKED OFF PROFESSIONAL SKATEBOARDER BECAUSE OF HIS SHIRT LOGO, MAN CLAIMS
She said that while the airline denied her lounge access for her troubles, they did give her vouchers for two meals at Pizza Hut. 
Though it is not clear at this time how the rest of Preiss’ journey transpired, she did make it known that she did not eat any of the fast-food pizza. 
Preiss she did not immediately return Fox New’s request for comment.
FOLLOW US ON FACEBOOK FOR MORE FOX LIFESTYLE NEWS
United offered Fox News the following statement on the matter:
“We issued this voucher per our policy,” a media relations spokesperson said. 
Though airline drama continues to make headlines across nearly all major carriers, Americans apparently can’t get enough of it.
On March 22, the U.S. Transportation Department reported that in 2017 airlines carried 3.4 percent more passengers on U.S. domestic and international flights, with an all-time high of 965 million passengers.
Janine Puhak is an editor for Fox News Lifestyle. Follow her on Twitter at @JaninePuhak
0 notes
Text
U.S. drillers add oil rigs for 2nd consecutive week -Baker Hughes
Visit Now - http://zeroviral.com/u-s-drillers-add-oil-rigs-for-2nd-consecutive-week-baker-hughes/
U.S. drillers add oil rigs for 2nd consecutive week -Baker Hughes
Tumblr media
March 23 (Reuters) - U.S. energy companies added oil rigs for a second week in a row as crude prices hover near three year highs, prompting drillers to boost spending plans for this year. Drillers added four oil rigs in the week to March 23, bringing the total count to 804, the highest level since March 2015, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. RIG-OL-USA-BHI The U.S. rig count, an early indicator of future output, is much higher than a year ago when 652 rigs were active as energy companies have continued to boost spending since mid-2016 when crude prices began recovering from a two-year crash. U.S. crude futures traded around $65 a barrel this week, approaching the three-year high of $66.66 hit in late January. That was still much higher than the $50.85 average hit in 2017 and $43.47 in 2016. Looking ahead, futures were trading around $64 for the balance of 2018 and $59 for calendar 2019 . In anticipation of higher prices in 2018 than 2017, U.S. financial services firm Cowen & Co said 58 of the roughly 65 exploration and production (E&P) companies they track have already provided capital expenditure guidance indicating an 11 percent increase in planned spending over 2017. Cowen said those E&Ps that have reported capital plans for 2018 expected to spend a total of $80.5 billion in 2018, up from an estimated $72.4 billion in 2017. Analysts at Simmons & Co, energy specialists at U.S. investment bank Piper Jaffray, this week forecast the total oil and natural gas rig count would average 1,015 in 2018 and 1,128 in 2019, the same as its projection last week. So far this year, the total number of oil and natural gas rigs active in the United States has averaged 964. That compares with an average of 876 rigs operating in 2017, 509 in 2016 and 978 in 2015. Most rigs produce both oil and gas. For the year, EIA projected in March that total U.S. production will rise to a record high 10.7 million bpd in 2018 and 11.3 million bpd in 2019, up from 9.3 million bpd in 2017. The current all-time U.S. annual output peak was in 1970 at 9.6 million bpd, according to federal energy data. (Reporting by Scott DiSavino Editing by Susan Thomas)
0 notes
Text
Usain Bolt rates his Borussia Dortmund training session 'seven out of 10'
Visit Now - http://zeroviral.com/usain-bolt-rates-his-borussia-dortmund-training-session-seven-out-of-10/
Usain Bolt rates his Borussia Dortmund training session 'seven out of 10'
DORTMUND, Germany — Usain Bolt has completed a two-day trial spell with Borussia Dortmund, with the sprint legend scoring once in an open training session in front of more than 1,000 fans.
Bolt, an eight-time Olympic gold medallist and world-record holder in the 100 metres, trained behind closed doors on Thursday, and United States international Christian Pulisic told ESPN FC he had been delighted to work with the 31-year-old.
Speaking to reporters after the open training session in front of 1,409 fans and many members of the media — in which he headed home a Mario Gotze cross with his first touch — he said: “I’d give myself a seven out of 10.
“It was good. I had fun with the guys — they were very welcoming. I would like to continue training with the team.”
Admitting that he was not in his best shape, Bolt ruled out going to a lower-level club, saying: “I want to play in a top league.”
Dortmund had promised that they would give him “a realistic assessment” of his chances of playing professionally, and coach Peter Stoger said after the session: “If he wants to make at the highest level, he still has a lot of work to do.
“At his age, there is not that much room for development.”
Stoger praised Bolt as “a relaxed, and down-to-earth guy” and said: “He really wanted to get to know the team. He understands football, and he showed some good elements.”
TF-Images/TF-Images via Getty Images
Pulisic, meanwhile, said he was “delighted that the fastest man in the world is training with our team.”
Some criticised Bolt training at Dortmund as a marketing stunt by Puma, who are club shareholders and kit suppliers as well as the sprinter’s sponsor, but BVB sales and marketing executive Carsten Cramer told ESPN FC Dortmund were “proud” he had chosen to train with them.
0 notes
Text
Liquidation Order Issued for Auto Insurer with More Than 42K Policies in Pennsylvania
Visit Now - http://zeroviral.com/liquidation-order-issued-for-auto-insurer-with-more-than-42k-policies-in-pennsylvania/
Liquidation Order Issued for Auto Insurer with More Than 42K Policies in Pennsylvania
Tumblr media
A Texas court has issued an order of liquidation for Access Insurance Company, an auto insurer that has 42,785 policies in Pennsylvania. This means Pennsylvanians that currently have auto insurance through Access Insurance will have no later than April 12 to seek new coverage.
The liquidation order was signed after the Texas Insurance Department determined Access Insurance to be insolvent.
Access Insurance is primarily a provider of non-standard auto insurance and is licensed in 22 states. In its order of impairment dated March 14, 2018, the Texas Department of Insurance said Access Insurance is an impaired insurer and that the company’s liabilities are greater than its assets, as previously reported by Insurance Journal.
In light of this news, Pennsylvania Insurance Commissioner Jessica Altman assured Pennsylvanians who currently have auto insurance with Access Insurance that they continue to have coverage and can legally drive. However, they need to find new insurance with a different company within 30 days from the date the liquidation order was signed on March 13, or when their current Access Insurance policy expires, whichever is sooner. Indeed, all Access Insurance policies will terminate at 11:59 p.m. on April 12.
Pennsylvania drivers who currently have coverage through Access Insurance should file any arising claims with the company until their current policy expires, or until April 12, Altman said in a press release issued by the Pennsylvania Insurance Department. Claims filed during this period will be paid through the Pennsylvania Property and Casualty Insurance Guaranty Association. Policy renewals ended March 13.
“Pre-paid premiums will be refunded to policyholders as soon as practical,” Altman said in the release. “Policyholders do not need to take any action to receive refunds.”
Pennsylvania isn’t the only state alerting consumers of the Access Insurance liquidation order’s impact. South Carolina Department of Insurance Director Ray Farmer also said in an announcement released by his office that Access Insurance had around 15,500 South Carolina private passenger automobile insurance policies in force, and the South Carolina Property and Casualty Insurance Guaranty Association will work to cover valid claims filed by insureds in his state.
The order of liquidation comes following news in early March that California Insurance Commissioner Dave Jones ordered Access Insurance to immediately stop transacting and soliciting insurance business in the state, Insurance Journal previously reported.
The California Department of Insurance said the action followed Access’s Statutory Income Statement 2017 Preliminary (unaudited), which showed its policyholder surplus was negative $27.6 million as of Dec. 31, 2017. The insurer’s Statutory Income statement 2018 Preliminary (unaudited) report noted its policyholder surplus was negative $29 million as of Jan. 31, 2018. It had also failed to file its required yearly statutory statement.
In a separate, July 2017 order, California alleged Access and some of its affiliates had engaged in improper claims handling and improper rating and underwriting practices in violation of the California Insurance Code and the Fair Claims Settlement Regulations. Those actions are still pending.
Cantilo & Bennett L.L.P. of Austin, Texas, has been appointed as the special deputy receiver to manage the liquidation.
Tumblr media
Want to stay up to date?
Get the latest insurance news sent straight to your inbox.
0 notes
Text
Why Chrissy Teigen Didn't Take John Legend's Name
Visit Now - http://zeroviral.com/why-chrissy-teigen-didnt-take-john-legends-name/
Why Chrissy Teigen Didn't Take John Legend's Name
Tumblr media Tumblr media
At the moment, Chrissy Teigen is currently pregnant with her second child. She’ll send a topless photo to celebrate the moment, too. Chrissy Teigen and John Legend are also the mother and father of 1-year-old Luna Simone Stephens. The kids last name should also clue people in on John Legend’s real name, by the way. In any case, whether or not Chrissy Teigen decided to take her husband’s name, there was always a good chance we would know about her. But she decided to keep her original name, and all the power to her for making that decision.
0 notes
Text
Donald Trump's foreign policy will win with John Bolton, Mike Pompeo
Visit Now - http://zeroviral.com/donald-trumps-foreign-policy-will-win-with-john-bolton-mike-pompeo/
Donald Trump's foreign policy will win with John Bolton, Mike Pompeo
Tumblr media
James S. Robbins, Opinion columnist Published 11:07 a.m. ET March 23, 2018 | Updated 12:54 p.m. ET March 23, 2018
CLOSE
Tumblr media
President Donald Trump selected John Bolton to replace H.R. McMaster as National Security Adviser. Here is a look at Bolton’s background. USA TODAY
New National Security Adviser John Bolton won’t try to moderate Donald Trump’s foreign policy ideas, he’ll try to implement them.
Tumblr media
Former ambassador to the United Nations John Bolton speaks during the Conservative Political Action Conference in National Harbor, Md., Feb. 22, 2018.(Photo: Alex Wong, Getty Images)
Will newly appointed National Security Adviser John Bolton help feed Donald Trump’s foreign policy instincts? Let’s hope so.
The established narrative from the president’s critics has been that President Trump lacks the knowledge, experience and temperament to successfully manage America’s national security affairs. By this reasoning he had to be surrounded by an “axis of adults” to restrain his impulsiveness, lest the U.S. blunder into global conflict based on a stray Tweet or sudden tantrum. 
When Lieutenant General H.R. McMaster was appointed National Security Adviser in 2017, a New York Times column praised him as a “stabilizing force” to balance out “the hot heads who occupy Mr. Trump’s inner circle.”
With McMaster’s departure, the Times says, “if President Trump wanted a national security adviser who would match his blunt, hard-edge, confrontational approach to the world, then Mr. Bolton fits the bill.”  The recent leadership switch at the State Department from moderate Rex Tillerson to more hawkish CIA Director Mike Pompeo was also framed as a potentially destabilizing move towards enabling Trump to be Trump.   
But the Trump administration’s foreign policy has been successful because of the president, not despite him. His “blunt, hard edge” style is better suited for the dangerous world we live in than the cool detachment of Obama-era “leading from behind.” And if President Trump has disrupted the old way of doing things, it is only because the status quo was failing. He is winning in ways the old model would never have predicted.
More from Robbins: Stop trying to diagnose our ‘very stable genius’ president. He might be right.
More on Trump’s ‘new’ foreign policy: Mike Pompeo has an opportunity to shake up Russia, China policy, reform State Department
When the president made good on his campaign promise to recognize Jerusalem as the capital of Israel and move the U.S. Embassy there from Tel Aviv — a move Bolton had long recommended — establishment foreign policy circles were stunned. It was called a disastrous blunder that would undo decades of effort towards the Mideast peace process, fuel Palestinian rage, and alienate Arab leaders. 
Yet, the expected uprising never materialized, and a few months later the White House hosted the first ever publicly announced meeting between Israeli national security officials and counterparts from Saudi Arabia, Qatar, Bahrain, Oman and the United Arab Emirates, among other countries, discussing the growing humanitarian crisis in the Gaza Strip. 
The diplomatic implications of Arab countries that don’t recognize Israel attending that meeting are striking. The get-together was brokered by Mideast peace envoy and presidential son-in-law Jared Kushner, once dismissed as a diplomatic neophyte, but now seen as the key to bringing Saudi Arabia on board the peace process through his close relationship with Crown Prince Mohammed bin Salman. 
Elsewhere in the Middle East, President Trump’s bold approach to combating the Islamic State — which Bolton also supported  — virtually destroyed their self-proclaimed Caliphate over the course of a single year. We knew his strategy was particularly successful when the president’s critics and former White House administration officials rushed to claim that it was the Obama team’s plan all along.
But if it was their plan, why did President Obama fail with it and Trump succeed? The question answers itself. On the nuclear agreement with Iran, which  Trump has called “the worst ever,” the president’s new team members will be in place in time to formulate a strategy for the required waiver review in May, which may spell the deal’s doom. 
More on John Bolton: From Stormy Daniels to John Bolton, will America ever recover from Donald Trump?
With respect to North Korea, critics feared that President Trump’s tough, almost contemptuous exchanges with “Rocket Man” Kim Jong Un, and veiled threats of preemptive military strikes might lead to devastating conflict. John Bolton and Mike Pompeo have taken similarly hawkish stances on dealing with Pyongyang. Yet instead of going to war, Kim reached out to the president, saying he is “committed to denuclearization.” 
The two will meet in May, another diplomatic first. President Trump praised China’s President Xi Jinping for helping bring North Korea to the table, while simultaneously slapping Beijing with tariffs seeking to reduce China’s trade surplus with the U.S.
Previous presidents kept the China trade and North Korean issues separated, but trade is Washington’s primary point of leverage in the Sino-American relationship. If the president can get a better trade deal for American workers while also encouraging Beijing to make Pyongyang see reason and abandon its nuclear weapons, he could be in the running for a Nobel Peace Prize. And Bolton and Pompeo are likely to help him get there.
James S. Robbins, a member of USA TODAY’s Board of Contributors and author of This Time We Win: Revisiting the Tet Offensive, has taught at the National Defense University and the Marine Corps University and served as a special assistant in the office of the secretary of Defense in the George W. Bush administration. Follow him on Twitter: @James_Robbins.
Read or Share this story: https://usat.ly/2GfD9Oa
0 notes
Text
US sanctions Iranian hackers for 'stealing university data'
Visit Now - http://zeroviral.com/us-sanctions-iranian-hackers-for-stealing-university-data/
US sanctions Iranian hackers for 'stealing university data'
Image copyright Reuters
Image caption The Mabna Institute is accused of hacking at least 320 universities worldwide
The United States has imposed sanctions on an Iranian company and 10 individuals for alleged cyber attacks, including on hundreds of universities.
The Mabna Institute is accused of stealing 31 terabytes of “valuable intellectual property and data”.
The justice department said the firm hacked 320 universities around the world, dozens of companies and parts of the US government.
Nine of the 10 individuals have been indicted separately for related crimes.
The two founders of the Mabna Institute are among those sanctioned and their assets are subject to US seizure, a statement by the US Treasury Department said.
“These defendants are now fugitives of justice,” US Deputy Attorney General Rod Rosenstein said at a news conference. Reuters reported he warned that the individuals may face extradition in more than 100 countries if they travel outside of Iran.
The Mabna Institute was established in 2013, and US prosecutors believe it was designed to help Iranian research organisations steal information.
It is accused of carrying out cyber attacks on 144 US universities, and 176 universities in 21 foreign countries, including the UK, Germany, Canada, Israel and Japan.
By targeting the email accounts of more than 100,000 professors worldwide, the hackers compromised about 8,000 of them, according to the justice department.
US authorities described the global conspiracy as one of the largest state-sponsored hacking sprees to be prosecuted.
N Korea blamed for global cyber-attack
Chinese ‘hackers’ charged in US court
“The Department of Justice will aggressively investigate and prosecute hostile actors who attempt to profit from America’s ideas by infiltrating our computer systems and stealing intellectual property,” Mr Rosenstein said, according to news agency AFP.
Many of these “intrusions”, Mr Rosenstein said, were done “at the behest of the Iranian government and, specifically, the Iranian Revolutionary Guard Corps”.
The hackers also targeted the US Department of Labor, Federal Energy Regulatory Commission and the United Nations, according to prosecutors.
0 notes
Text
These 3 Hair Color Trends Are About to Be Huge for Brunettes
Visit Now - http://zeroviral.com/these-3-hair-color-trends-are-about-to-be-huge-for-brunettes/
These 3 Hair Color Trends Are About to Be Huge for Brunettes
These 3 Hair Color Trends Are About to Be Huge for Brunettes – Health
These 3 Hair Color Trends Are About to Be Huge for Brunettes
Search
0 notes
Text
Reddit: Guns, beer and tobacco transactions now banned
Visit Now - http://zeroviral.com/reddit-guns-beer-and-tobacco-transactions-now-banned/
Reddit: Guns, beer and tobacco transactions now banned
Image copyright Getty Images
Image caption Official comments from Reddit on the announcement have been downvoted thousands of times
Gun Deals, Beer Trade and Cigar Market are three of the latest communities to be banned by Reddit in a move to distance the social website from transactions of “illicit or strictly controlled” goods.
Drugs, personal information and “paid services involving physical sexual contact” are also on the list of banned transactions announced on Thursday.
A Reddit spokesperson said “users who attempt to conduct [these transactions] will be banned from the site”, but declined to answer all of the BBC’s questions about the bans.
You may also like:
How many people have been affected?
One user put together a list of 38 communities, or subreddits, which had been banned since the announcement. They estimate that more than 50 were removed in total.
Of this list, 12 subreddits relate to firearms. For example, the r/gundeals subreddit had 122,311 subscribers as of 27 January 2018, according to the Wayback Machine digital archive.
The cumulative subscribers of only five other banned communities suggest that at least 250,000 people have been affected.
Image copyright Reddit
Image caption This page appears when attempting to visit one of the banned subreddits
Why have these specific subreddits been targeted?
A Reddit spokesperson clarified that “transactions that are either illicit or strictly controlled” are now prohibited.
While the sale of firearms is not illegal in the United States, it is heavily regulated. A Reddit representative explained that “there are very specific conditions necessary to make their sale legal” and added that the website “is simply not set up to ensure that those legal conditions are being met”.
But this stance has caused consternation with users of the Gun Deals subreddit, who explain that their community was not involved in the sale of guns other than providing links to legal retailers.
And as one Twitter user pointed out, the ban extended to a subreddit dedicated to the exchange of bullet casings, rather than live ammunition.
Didn’t YouTube recently ban videos linked to firearms?
This week YouTube took the decision to ban videos that show people how to manufacture or modify guns and their accessories.
One person, who deleted their account after commenting, accused Reddit of banning all gun-related subreddits “like YouTube is doing with firearm channels right now”.
Reddit has been accused of “agitating the problem” by banning these communities, while another called it a decision based on “advertiser-friendly censorship”.
Out of a list of 38 banned communities, 12 concerned gun-related sales or trades.
What does this mean for Reddit Secret Santa?
Some Redditors have pointed out that the new rules appear to contradict with the site’s annual Secret Santa tradition, as gift-givers are required to exchange personal information in order to send their gift.
Users were quick to point out the inconsistency, with one asking how Reddit will ensure people do not gift banned goods, with another suggesting that “there’s no way to know if alcohol or tobacco products are sent”.
It is unknown what implications the new rules would have for their gift exchange programmes, specifically Secret Santa.
0 notes
Text
25 Interesting Shower Thoughts – Part 111
Visit Now - http://zeroviral.com/25-interesting-shower-thoughts-part-111/
25 Interesting Shower Thoughts – Part 111
Here are this week’s shower thoughts.
1-5 Shower Thoughts
1. Too bad alcohol isn’t heavily discounted the day after St. Patrick’s Day the way candy is after Valentine’s Day.
2. There is nothing better than realizing, right after you wake up, that you won’t have to face repercussions for the terrible choices you made in your dream.
3. People won’t take 15 seconds to fact check something but will spend 15 minutes to find out what kind of potato they are.
4. Mark Zuckerberg used to be a hero of the digital age, but now he has lived long enough to see himself become the villain.
5. Harry Potter was a trust fund jock who married his high school sweetheart and became a cop.
6-10 Shower Thoughts
6. You could write a popular show by releasing a cryptic, big budget, highly promoted teaser trailer and then lifting all the major plot points from fan theories on the Internet.
7. If car drivers were connected by voice chat it would probably be even way more toxic than voice chats in online games.
8. Anxiety is just your brain coming up with fake news.
9. Earlier people used to write personal stuff in their diaries and get mad when people read them. Now people write personal stuff on social media and get mad when people don’t read them.
10. There are so many talented people we will never hear of because of their lack of confidence.
11-15 Shower Thoughts
11. Single men tend to keep their vehicles clean but their houses messy. Single women tend to keep their houses clean but their vehicles messy, hence when you get married, everything is a mess.
12. Someone… somewhere… has the highest score on the offline Google Dino game and doesn’t even know it.
13. Having a large vocabulary is like having a lot of crayons. You rarely use azure or ochre, but it still feels nice to have them in the box.
14. At any moment you could suddenly wake up from a coma, with the last thing you remember being this moment.
15. Life is just a really complicated exam, in which most people fail by copying from others, not realizing that everyone has a different question paper.
0 notes
Text
Fortnite Is Now Making More Money Than PUBG on PC and Consoles: Report
Visit Now - http://zeroviral.com/fortnite-is-now-making-more-money-than-pubg-on-pc-and-consoles-report/
Fortnite Is Now Making More Money Than PUBG on PC and Consoles: Report
Tumblr media
Epic Games’ Fortnite may have just launched on iOS this month but it appears to have surpassed battle royale sensation PUBG handily even before that. According to a recent report, Fortnite has made more money than PUBG on PC, PS4, and Xbox One, surpassing PUBG Corp’s game in terms of revenue from February of this year. Since this is from February, information on either game’s performance on mobile is not included. Though it’s unlikely if that would make a difference since PUBG Mobile does not have micro-transactions enabled just yet.
As per gaming intelligence firm SuperData Research in a post titled ‘Fortnite is eating PUBG’s lunch’, Fortnite revenue passed PUBG by $23 million (approximately Rs. 149 crore) with a total of $126 million (roughly Rs. 818 crore). Till then PUBG had earned $103 million (around Rs. 669 crore). This isn’t all. Even in terms of viewership Fortnite has taken the lead. The colourful, cartoony shooter hit a total of 14 million unique viewers on Twitch versus the 8.7 million PUBG had in February. In terms of Twitch viewers, Fortnite saw 6.1 million in January versus PUBG’s 8.5 million.
Fortnite vs PUBG Mobile: Which One Should You Play?
  According to SuperData PUBG revenue peaked in December. This was the month it left Steam Early Access on PC and launched on Xbox One. Comparatively, Fortnite’s trajectory steadily continued upwards. No surprise since Fortnite is immensely more accessible and its battle royale mode is free versus the $30 (Rs. 999 in India) price tag PUBG has. While both Fortnite and PUBG feature micro-transactions, the latter has been plagued with cheaters making it tough for its developers to devise new revenue streams and content compared to Fortnite’s steady roll out of events.
Throw in the fact that Fortnite mobile trounces what PUBG Mobile brings to the table in terms of controls and overall polish makes it the game of choice for now. At least in our experience.
Interestingly, SuperData Research draws parallels to the MOBA and CCG (collectible-card games) space in this write-up, likening the events in the battle royale genre to these two heavyweights.
Fortnite Battle Royale on iOS: As Good as PS4, Xbox One, and PC?
“Competition in the battle royale space will likely get more fierce in the near future. Major publishers like Activision Blizzard, Electronic Arts, and Ubisoft have the potential to bring AAA-level production values to the subgenre. However, even they cannot take too long to do so,” the report reads.
“As players become invested in certain titles, the battle royale category will likely start resembling top-heavy genres like MOBAs and collectible-card games (CCG). In 2017, League of Legends and Dota 2 owned 57 percent of the PC MOBA market. MOBAs from the biggest publishers like EA (Dawngate) and Warner Bros. Interactive Entertainment (Infinite Crisis) have died off after arriving late to the party. Similarly, Blizzard’s Hearthstone: Heroes of Warcraft controlled over half of the PC card game market last year.”
Which game are you playing and why? PUBG or Fortnite? Let us know in the comments.
If you’re a fan of video games, check out Transition, Gadgets 360’s gaming podcast. You can listen to it via Apple Podcasts or RSS, or just listen to this week’s episode by hitting the play button below.
<!–
–>
0 notes
Text
Exclusive: U.S. warship sails near disputed South China Sea island, officials say
Visit Now - http://zeroviral.com/exclusive-u-s-warship-sails-near-disputed-south-china-sea-island-officials-say/
Exclusive: U.S. warship sails near disputed South China Sea island, officials say
WASHINGTON/BEIJING (Reuters) – A U.S. Navy destroyer carried out a “freedom of navigation” operation on Friday, coming within 12 nautical miles of an artificial island built by China in the South China Sea, U.S. officials told Reuters.
The operation, which infuriated Beijing, was the latest attempt to counter what Washington sees as China’s efforts to limit freedom of navigation in the strategic waters.
The officials, speaking on condition of anonymity, said the destroyer Mustin traveled close to Mischief Reef in the Spratly Islands and carried out maneuvering operations. China has territorial disputes with its neighbors over the area.
Twelve nautical miles is an internationally recognized territorial limit.
The United States has criticized China’s construction of islands and buildup of military facilities in the area, and is concerned they could be used to restrict free nautical movement.
The latest operation, the first since January, occurred just a day after U.S. President Donald Trump lit a slow-burning fuse by signing a presidential memorandum that will target up to $60 billion in Chinese goods with tariffs, following a 30-day consultation period that starts once a list is published.
When asked about the operation, the U.S. military said its activities are carried out under international law and American forces operate in the region on a daily bases.
“We conduct routine and regular freedom of navigation operations, as we have done in the past and will continue to do in the future,” said Lieutenant Commander Nicole Schwegman, a spokeswoman for U.S. Pacific Fleet.
China’s Defense Ministry said two Chinese naval ships had been sent to identify the U.S. ship and warn it to leave. It described the actions of the American ship as seriously harming China’s sovereignty and security, which threatens regional peace and stability.
Such actions cause forces from both countries to come into close proximity and could easily cause a misjudgment or accident, and create serious political and military provocation for China, the ministry said.
China has always dedicated itself to protecting freedom of navigation and overflight in the South China Sea, but opposes “illegal and provocative” moves in the name of freedom of navigation, it added.
FILE PHOTO: The warship USS Mustin sails near the port in Sihanoukville, 223 km (139 miles) west of Phnom Penh, October 11, 2008. REUTERS/Stringer
“The provocative behavior by the U.S. side will only cause the Chinese military to further strengthen building up defense abilities in all areas.”
In January, another U.S. Navy destroyer sailed near Scarborough Shoal, a disputed lagoon claimed by China in the South China Sea.
“MANUFACTURING TENSIONS”
In a separate statement, China’s Foreign Ministry said the country would continue to take all necessary steps to protect its sovereignty and peace and stability in the South China Sea, where it said the situation was developing for the better with the hard work of China and Southeast Asian nations.
The U.S. determination to “manufacture tensions” flies in the face of the wishes of countries in the region to seek cooperation and development and will not enjoy popular support, the foreign ministry said.
The U.S. military has a longstanding position that its operations are carried out throughout the world, including in areas claimed by allies, and they are separate from political considerations.
China’s claims in the South China Sea, through which about $5 trillion in ship-borne trade passes each year, are contested by Brunei, Malaysia, the Philippines, Taiwan and Vietnam.
The U.S. military put countering China and Russia at the center of a new national defense strategy unveiled in January.
China’s navy will carry out combat drills in the South China Sea, the military’s official newspaper said on Friday, calling the move part of regular annual exercises.
Taiwan’s Defense Ministry said on Wednesday it had shadowed a Chinese aircraft carrier group traversing the Taiwan Strait in a southwesterly direction – meaning into the disputed South China Sea – in what Taiwan judged to be a drill.
The United States has been pushing allies to carry out freedom of navigation operations as well.
Britain last month said one of its warships would pass through the South China Sea to assert freedom-of-navigation rights.
Reporting by Idrees Ali and Ben Blanchard; editing by Jonathan Oatis and Tom Brown
0 notes
Text
Funds ask Aviva to make clear preference shares are irredeemable
Visit Now - http://zeroviral.com/funds-ask-aviva-to-make-clear-preference-shares-are-irredeemable/
Funds ask Aviva to make clear preference shares are irredeemable
LONDON (Reuters) – Six large institutional investors said on Friday that Aviva’s decision to drop plans to cancel its preference shares addressed most of their concerns, but added issuers of preference shares should make it clear they are irredeemable.
FILE PHOTO: Pedestrians walk past an Aviva logo outside the company’s head office in the city of London, Britain, March 5, 2009. REUTERS/Stephen Hird/File Photo/File Photo
British insurer Aviva on Friday abandoned its plan to cancel the high-shares after opposition from investors and scrutiny from the country’s financial watchdog.
Aviva’s change of heart “goes a long way toward addressing our concerns,” M&G Prudential, Invesco, GAM, Edentree, BlackRock and Legal & General said in a statement.
“We would encourage Aviva, and other companies with similar instruments, to take whatever steps necessary to modernise their articles of association in a way that would reflect both the group’s intentions going forward, and the true irredeemable nature of the instruments.”
Reporting by Carolyn Cohn, editing by Maiya Keidan
0 notes
Text
Prince Harry and Meghan Markle make a surprise visit to Belfast Video
Visit Now - http://zeroviral.com/prince-harry-and-meghan-markle-make-a-surprise-visit-to-belfast-video/
Prince Harry and Meghan Markle make a surprise visit to Belfast Video
Coming up in the next countdown countdownlbl
Coming up next:
nextVideo.title
nextVideo.description
Skip to this video now
Transcript for Prince Harry and Meghan Markle make a surprise visit to Belfast
Hi everyone that this is ABC news we all live from Belfast the capital of NORTHERN IRELAND whack Prince Harry and make a Markel. Greasing the crowds of the city why we have just been told just this morning. That the team will making them fast food joint visit him in NORTHERN IRELAND it’s the last potted. The UK that they’ve been yet to visit. That thing this persist. Two. Ahead of mega becoming the British system meat and when not gonna happen but perhaps before off to electing. And hair in Belfast NORTHERN IRELAND still. Simmering tensions innocent because of security. This was a secret visits. And it was unannounced by the comments until just this morning say everyone here is really excited and taken by its prized to have power in I didn’t come and visit the town. Where in central Belfast right now. And we just on one of the main streets outside. A pot that they’ve just been it’s taken they’ve just had a private Latin say that outside. Just meeting that members of the crowd who sat him in the raid. Waiting for them to come out its. Site and it you can see just behind me. The cry because Sylvain. This is a Victorian carriage and hottest and is one of the most famous pubs here in Belfast NORTHERN IRELAND and it it’s restored I think in 1885. So that’s wet they have just had that Laden’s. We’re told that the lunch they hide with iris do what else classic. It’s you with I mean that’s those laptops. Takes days. And you’ve had that Prince Harry may have hot a pint of Guinness mega makah may have had a half pints. Say today they touring some of the best nine sites of the city about us this morning they assistant at peace initiative. About prince Harry’s best top lost you aired September. Is it just kind of getting young people involved as a passes apiece. That they touch stuck in London this morning and they went straight that fast engagement. Second engagement just behind me. Is whether went for lunch at the crown. The considine and next negative visits a signs pot until some and finance and services and then final. Trip today on this this busy day at that distant day trip that Northern Ireland’s. Is gains be at the Titanic expeditions and where of course that ill fated ship was notes. Before it sank in 1912 say that gonna go off to dot mesa. But there quite lot of people he had given knots. It was a surprise secret visit that was in an ounce this morning at about 10 o’clock this morning. So this looks of people excited about this and waiting to see it again if you can see. Just eight in my so let’s let’s get the camera and see. That just whacking their way through the crowds shaking people times. Lots of people at try to take pics is. With them. So since we have. Since we’ve lost scene nine in Haifa that mystery since. Gazans fled as we’ve let a few more d.s house about the wedding that’s come out. But we now believe that days. There is partly designed invitations are now in the pace some six hundred’s. Invitations for the royal wedding. It it a commitment to be printing company that have a royal warrant to clean flat rate sides announced that they had been commissioned to design. Invitations that amount paced. 600 guests will be at the serving at Windsor costs it’s George’s hottest hot name. And then if the 200 people I’d fight to the privates. Reception afterwards act broke more pool which is fun day it would cost the state. So there’s golden tickets and the post and we’ve also lends a little bit more about the cake that states be. That. And in the letting a little bit break with tradition activity. It’s a tradition not the cake is usually free cake and hard and make an opening right. Stamp on their wedding. By a gang for. A lemon and eldest my case which they’ve commissioned from a friend of mega mosque let’s actually quote clapped hot. Say who so we’ve seen pictures of that looks delicious. It’ll be coveted isn’t. We’ve shed some pictures and thoughts on a six of Phoenix if you haven’t seen variety. Say the still more details that was still looking. Latin about the wedding we didn’t have and parsed bachelorette party. We don’t know what’s happening about its it’s highest active. We should be hearing about pays him the in the coming weeks as we’ve now got less than two months left to gave the for the big day a rise. Say Harry and I didn’t just like you decry the small they’ve gone a little cost up on displayed. So we still he has to to get it yet prize let’s have a chat with and skating it is. What’s we did they do not highlights that the both. Say would be glad to see more. Yet stemming had cake t.’s house release of the sons of the week they picked the Californian based take to sign and Coke plant attack. That and make an ST nice for him back in the days living in LA I’m excited trained under famous chef about a some bait restaurant was saved seats. And then make an SE Reiss an opinion piece for time magazine Samara back saying this was one of them kind of I guess. Tell boss crisis in and say she met class three. And six many types of London stocks up hurry in bakery. And cared vick’s success magnate Steve writes about it cooled. Treats Sesame Street pieces that have been something like that so they picked some rather unconventional. Moment and type cake for the wedding. I’m and meals and so invitations finely designed and got out city six hundreds and some founding members of its it’s. And about 200 for the evening reception as well site diesel coming together to them. So we’ve had to sit teeny piece of information they’ve broken with tradition but one of them with the cake you know they’ve chastened. The commission that a woman here you may get his friends read them and I’m days another American in London they’ve also gone for tradition. With that the company that did the invites already have a royal warrant them nonstop thing yet. Some types of their. That evokes obvious along sonic kind of did you think that the royal wedding is gonna have a mix of it we still don’t know what they’re dressed. Millions but what was really interesting about the entire wedding invites is that making Keyes actually produced by an American company. So I think every thinking of everything down to las d.s how they kind of blend Betsy. Very different backgrounds together on the day and I think that’s gonna make it really interest things that because that deploying it this isn’t royal wedding by numbers that has kind of doing it as they won’t. They’re blitzes it was a think about in times of because obviously the biggest thing was speculating about his address and it. If you what to think that they were wanting to make some kind. And maybe a statement that tried to blended the two coats of the richest Americans stick it is Macon might still be an American Lindsay gets nights might not. Become a citizen until loved me so walk bought. Do we think it’s an about race analogy that you might be someone else has a reflective of Petit of fatigue nations. But as we know that design it was picks a couple of months ago and I’m told that Macon made a decision based on. The facts and interest know it’s kind of paying tribute to protest sign aren’t Americans on the site. If it happens severe chris’ son on the day it’s a pure coincidence. Obviously we have front runners Ralph and Russo a London based design. We also have Denver it often in the frame this wedding dress is Canadian and resources on this site. There’s all kinds of names in the mix but it’s kind of shrouded in secrecy in my face fixings are any taking place at Kensington Palace nowhere else. Heat huge partly guided seeker added the secret blossoms on long note B clay feet keeping. Keeping that’s got yeah. What do we know about that that’s scheduled between on the vehicle less than two weeks before the big day do anything about what they’re planning to do well but. And between now and and may nineteenth. We gonna see a couple more if these sort of CC visits in the UK. I think Macon said really the on the Swanson sees it every single corner of the country. Really learn about sort of philanthropist landscape but also just kind of let a bit more about the cults in that we saw them just inside that the crown Bob ticketing tonight sort of like no than ours. We’ve seen them and drink. But I get a since they did at Seattle it. Until we get more traditional than that and I think on to the next in a couple of visits we might see them in man just or new console. Places in the north of the K that we haven’t seen them yet. Parents of C involved in the number of organizations and and you console. He’s had been involved in youth crime initiatives. I’d imagine that Megan being one of species that she looks like estimates are wrong. We’ll be kind of coming to visit there’s Harrison’s. Let it thank you so much for joining us. And slammed me that if you had to spend but those looks like his people outside the rights advocates Magid and Harry have gone opposite. Behaving that broke up we’ll stop by. That lets them. Let’s get and taxes touch a few people hey guys how long have you been racing hit this morning. I just dropped him from buying activity and I that this is going on that it was secret wasn’t. Yes some Japanese to go. Think keeper dived out. I meant to heaven spam up to anger and anchored off if so how long have you traveled to get its act. Came in about passing on to anger to be walking he came back and didn’t realize this is going on so it’s nothing bonus. As they want so what do you think of of Harry and I can’t out of town seats and isn’t getting them. I don’t you think nice to meet you Mike guys you looking for insisting Harry and make it’s very much. Yeah you can be taken by surprise this morning. You know 1 o’clock that’s gonna come to. Six and I. Hot meal plans to have anything to do is whether Burkle and sound and so hot it’s nothing to me because it’s not everyday you think that’s and Mac and though. We expect him and come to NORTHERN IRELAND at some point at some point be black yes bank lots of it’s that it is great to see them on us fifty on the right. On to say the month in the bank but again without pay its wireless network and angler and a compliment and for an hour. I think they confront ended not what do you think of the by the they’ve just had a very Irish lunch inside it does not Irish student has nothing. At the Islamic kindness back to Philadelphia with an. Do you have tons for the big day the royal wedding you guys can and watches TNN is so they’re coming up realized. Thank you so much Tocqueville. Sudden every concede. If that gonna come back. In this direction a school. I think they have come down. Onto the other side of the graves and we’ll come. And C a bit more he it’s raining at the maintenance and say the heck is. It’s slightly. The says the cards into the space but son saved. That next engagement they’re gonna go into science pot. And in the gonna get an visits. RMS Titanic Titanic tells fox. Instead busy today they’ll be flying back it’s London’s night. And with less than two weeks today before the wedding will put you see another couple of an abundance. Full any more big details come outs bet thank you so much tuning in from all of us at ABC Karen belt buzz thanks for joining us.
This transcript has been automatically generated and may not be 100% accurate.
“id”:53963273,”title”:”Prince Harry and Meghan Markle make a surprise visit to Belfast”,”duration”:”12:35″,”description”:”The engaged couple, who are touring the U.K., attended a youth peace initiative event and ate lunch at an Irish pub.”,”url”:”/International/video/prince-harry-meghan-markle-make-surprise-visit-belfast-53963273″,”section”:”International”,”mediaType”:”default”
0 notes
Text
2 centuries-old ships discovered at Alexandria's waterfront
Visit Now - http://zeroviral.com/2-centuries-old-ships-discovered-at-alexandrias-waterfront/
2 centuries-old ships discovered at Alexandria's waterfront
The archaeological site in Alexandria’s Old Town (City of Alexandria)
Archaeologists in Alexandria, Va., have uncovered the remains of two ships that likely date back to the late 1700s or 1800s during construction work on the city’s waterfront.
The city announced the discovery at the construction site in the historic Old Town district earlier this week. The find was made at the site of the former Robinson Terminal South. In 2015 a Revolutionary War-era ship was found nearby during construction work for the Hotel Indigo.
“The discovery of three historic ships in a two-block area is absolutely incredible,” said Eleanor Breen, Alexandria’s acting city archaeologist, in a statement. “There have been very few ships from this era excavated in Virginia or nationwide.”
REVOLUTIONARY WAR-ERA SHIP UNEARTHED AT VIRGINIA CONSTRUCTION SITE
The discovery was made last week by experts from Thunderbird Archaeology working for developers JBG Smith and EYA, the Washington Post reports. The site is being developed into a residential complex.
The city is overseeing an analysis of the site to determine what the next steps should be. “As part of a private construction site, the artifacts are not currently open to public view and are not visible from the street,” it said, in its statement.
The ships are the latest historic vessels to be discovered in the U.S. Earlier this year, for example, it was revealed that the wreckage of the Clotilda, the last slave ship to bring slaves to the U.S., may have been found near Mobile, AL.
THE LAST AMERICAN SLAVE SHIP MAY HAVE BEEN DISCOVERED
In 2015 the remains of a Confederate warship were raised from the Savannah River in Georgia. The following year the wreck of a large iron-hulled Civil War-era steamer was discovered off the coast of North Carolina. The ship, which was found off Oak Island, N.C, was tentatively identified as the blockade runner Agnes E. Fry.
Fox News’ Chris Ciaccia contributed to this article.
Follow James Rogers on Twitter @jamesjrogers
0 notes
Text
Success for Uber’s direct loan despite driverless fatality
Visit Now - http://zeroviral.com/success-for-ubers-direct-loan-despite-driverless-fatality/
Success for Uber’s direct loan despite driverless fatality
NEW YORK (LPC) – Uber Technologies’ self-arranged term loan B was increased to US$1.5bn, justifying the taxi app company’s unconventional approach to raising the loan and succeeding despite news that one of the company’s self-driving cars had killed a pedestrian.
FILE PHOTO: An Uber sign is seen in a car in New York, NY, U.S., June 30, 2015. REUTERS/Eduardo Munoz/File Photo
The groundbreaking seven-year new-money loan was placed with investors directly through Uber’s capital markets team, rather than through a syndication process led by arranging banks, and also priced tight of guidance.
It is largely a bridge loan designed to fund Uber’s steep cash burn until its planned 2019 IPO, and also required investors to get comfortable with unusual credit metrics, including negative Ebitda.
The Uber car hit and killed Elaine Herzberg in Arizona late on March 18, in what is believed to be the first fatality involving a self-driving vehicle.
News of the accident emerged the following day, and Uber pulled forward the commitment deadline on its loan to March 21 from an original deadline of March 22.
Uber was still able to capitalize on strong investor demand and the deal size was increased by US$250m from US$1.25bn at launch.
After the accident, Uber said it would halt the self-driving program in Arizona, Pittsburgh, San Francisco and Toronto and continue to assist local, state and federal authorities as concern rippled through the auto industry.
Proceeds were earmarked for general corporate purposes – a generic use that includes investment in autonomous vehicle technology, investors said.
“I’m guessing the pullback [in that investment] will be temporary,” one investor said.
Another investor said: “I do not think the death changes anything. Six thousand pedestrians are killed a year. People are thinking, if everything craps out, will someone buy this money-losing operation for more than my loan balance?”
The loan ultimately cleared at 400bp with a 1% Libor floor at 99.5, versus opening guidance of a 425bp-450bp over Libor range with a 1% floor and 99 OID.
LEVERAGELESS
The direct placement strategy was intended to avoid attracting scrutiny from US banking regulators because the loan might breach leveraged lending guidelines. The rules raise concerns about transactions having a debt-to-Ebitda ratio of over six times or deals that are unable to be paid down by half with cashflow over five to seven years.
Uber reported roughly negative US$2bn of Ebitda in 2017, two sources said, leaving potential investors without the traditional debt-to-Ebitda credit ratio that they rely on to conduct analysis.
“It’s just too hard do a ‘real’ analysis on it,” said the second investor.
Unusually, the loan was marketed on a loan-to-value ratio. Uber is touting an equity value of US$75bn, which would provide ample coverage for lenders, although that valuation is only implied.
The current valuation follows the purchase of a 17.5% stake in the company in January by an investor consortium led by Japan’s Softbank that included a tender offer for existing shares at a US$48bn valuation and new equity at a US$68bn valuation.
Including capital expenditure and interest expense, the company burned through roughly US$3bn of cash last year. The loan will boost balance sheet cash to nearly US$6bn.
CLO TRADE
Uber’s leveraged loan market debut in 2016 was criticised by regulators. Morgan Stanley led the US$1.15bn TLB with Barclays, Citigroup and Goldman Sachs. The deal priced at 400bp over Libor with a 1% floor.
Regulated banks could not play a direct role in the new deal as Uber is a “criticised name”, and Uber was reluctant to go outside its relationship bank group to an unregulated lead arranger, which led to the unconventional structure.
Morgan Stanley was the only bank to play an active role in the new deal, but as Uber’s financial advisor rather than a conventional arranger. The bank also stepped down from its administrative agent role to further distance itself from the transaction.
Macquarie is also serving as an intermediary to CLOs seeking to play the deal. As offshore vehicles, CLOs are prohibited from investing in US loans directly because doing so would be construed as origination, which could otherwise subject them to US corporate income taxes.
CLOs must wait for a seasoning period – typically around 48 hours – during which the originator closes and funds the loan, before it is moved into the CLO via assignment. The process avoids any potential tax liabilities.
Macquarie, which is nonregulated and therefore not subject to the leveraged lending guidance, is funding some of the loan that will be assigned to CLO accounts. Cortland Capital Market Services is the administrative agent.
(Additional reporting by Kristen Haunss)
Reporting by Andrew Berlin; Editing by Tessa Walsh
0 notes