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September 2018

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Verdict of US Federal Communication Commission goes in favor of Netflix, Inc. (NFLX)

Netflix, Inc. (NASDAQ:NFLX) is free from litigation charges by AT&T Inc. (NYSE:T) and Verizon Communications Inc. (NYSE:VZ) in terms of lowering picture quality in their devices. Netflix reduced the quality for the benefit of the users as it will cost them less mobile data charges and will also help to maintain the mobile data caps. Moreover, US Federal Communication Commission lately said that Netflix didn’t violate any regulatory requirements while doing so.

Netflix stock has lost 10.86% market value year-to-date (YTD) while there is a 0.70% gain in Dow Jones Index and 0.02% drop in S&P 500 Index during the same period. The company’s stock is trading away from its 52-week high of $133.27 at $10.4.85 up 2.55% as of 11:37AM EDT April 1. The company’s shares are traded on average 14.56 million per day and have a total float of 428.08 million shares with a market capitalization of $44.57 billion.

Netflix earnings are due this month on April 18, the Street projects revenue of $1.97 billion with an earnings per share (EPS) of $0.04. Moreover, Street analysts have also provided consensus estimates for fiscal year revenue and EPS of $8.77 billion and $0.26 respectively. The five year growth projection of Netflix stands at 30.9%

The Street has given a consensus price target of $127.389 for Netflix stock with a mean but rating.  The company’s stock has a wide range of bearish and bullish price target where the most bullish price target stands at $164 while the most bearish price target is $45. This stock information is as per Zacks Investment Research and may vary from Thomson Reuters.

There has been some insider selling at the company since 2016 started. Chief Executive Officer of Netflix sold 86,933 shares of the company at an average price of $107.31 on January 19. The other insider selling was done by one of the directors of the company, Richard N. Barton as he sold 2,800 shares of Netflix at an average price of $100.15 on March 23.

Qualcomm and Alphabet are working together to create compatibility between Snapdragon and Tango device

QUALCOMM, Inc. (NASDAQ:QCOM) and Alphabet Inc (NASDAQ:GOOGL) has joined hands to make Tango technology compatible with upcoming devices. Both companies are working together since more than a year now to create compatibility between Snapdragon and Tango devices. People familiar with the matter confirmed that it is possible to make Google AR technology compatible with any device by incorporating Snapdragon 800 and 600 SoCs.

The augmented and virtual reality demand is increasing and the companies in the technology industry have to expand their operations in order to meet the requirement. Manufacturers are already working to incorporate technology that can make AR and VR compatible with the devices. Qualcomm will benefit from the strategic shift of manufacturers, as recently Snapdragon has achieved the compatibility benchmark, and demand of the chip is likely to increase in the near term.

United Capital Financial Advisers LLC added further shares of Qualcomm in its portfolio. The institutional investor bought 97,848 shares of the company, which makes the total shareholding of the investor to 560,943 according to recent filings with the Security Exchange and Commission (SEC). Lord Abbett & Co LLC has also increased its stake in Qualcomm by 53.7% by buying additional 1.73 million shares of the company. The institutional investor now holds 4.96 million shares in its portfolio as per first quarter filing with the SEC.

Qualcomm market value has increased by 5.93% year-to-date (YTD) and the current stock price stands at $53.51 in active market session as of 12:36PM EDT on June 29. The market capitalization of Qualcomm is up by 1.92% in a day to $80.59 billion, but there is a drop in average daily trading volume to 9.90 million, which suggest that investors are bullish over the stock and are waiting for further increase in the stock price to close their position. The 52-week range of the company is quite wide. The lowest point reached by Qualcomm stock was $42.24 on February 11, while the highest point reached in the meantime was $67.81.

The Country Caller takes a look at Chesapeake’s asset sales deal with Total

Chesapeake Energy Corporation (NYSE:CHK) is a stock that has done quite well to bring a turnaround in the company. The stock which was being thrashed by the investors till last year has done well to incorporate strategies that have helped it strongly to combat the substantial decline in crude oil prices.

Chesapeake, in order to improve its liquidity and raise more cash, has incorporated an aggressive cost cutting strategy. The Oklahoma-based company has divested some $16 billion in assets and is further selling more of them in order to strengthen its balance sheet.

In the most recent development, the French-based integrated oil and gas company, Total SA (ADR) (NYSE:TOT) has decided to exercise its preemption right in the Barnett shale oil and gas leases which it jointly owned with Chesapeake. The French-based company, on Friday, announced that it would use its right to buy 75% of the Barnett shale assets.

The acquisition by Total will make it the only operator of the 215,000 acres of the field in North Texas. The Barnett shale region has an estimated daily production of 65,000 barrels in 2016. As part of the deal, Chesapeake would pay around $334 million to Williams Partners LP (NYSE:WPZ). As reported by Market Watch, Total would also pay $420 million to Williams to restructure the gathering agreement. Moreover, Total would also pay some $138 million to Williams in order to release midstream capacity reservations contracts.

The latest deal, as mentioned above, will help Chesapeake raise much needed cash in order to survive the downturn. Chesapeake’s investor’s presentation reveals that the Barnett exit would help it eliminate around $1.9 billion in midstream commitments. In addition to this agreement, Chesapeake has also managed to renegotiate Mid-Continent gathering agreement which would fetch in $66 million. The two transactions in collaboration would help increase operating income by $200 to $300 million.

Here’s how you can finally root the LG G5’s AT&T H830 variant

After a long wait, the latest flagship from LG has finally been rooted and can now be outfitted with a custom recovery, like TWRP, in order to install custom ROMs. The root has been made possible with the help of the skilled folks over at XDA Developers. At this point, you must be restless to root your LG G5, so without further ado, here are the instructions:

Note: This tutorial applies to the AT&T variant of the device currently. Do not attempt this if your device is from another carrier. The supported model number is LG H-830. Also, ensure that you’ve backed up all the contents of your device before attempting the root tutorial.

Files To Download

LGUP for LG G5. Download. DLL for LG G5. Download. Super SU Flashable Zip. Download. Disable DM-Verify Zip. Download. H830 TOT With TWRP. Download H830 TOT Stock. Download. Minimal ADB and Fastboot. Download.

 

Procedure

Step 1. First of all, download all the above listed files and copy them to a folder on your Desktop entitled LG G5 for simplicity.

Step 2: Install the LGUP application along with the DLL application for the LG G5. Once the installation is complete, switch over to your phone. Next, copy the DM-Verify Zip and the Super SU Zip to the root of your device’s internal storage.

Step 3: Navigate to Developer Options in Settings and enable USB Debugging along with OEM Unlock. Next, you need to set upMinimal ADB and Fastboot on your computer. Download and install it from the link above and then launch it.

Step 4: Connect your phone to the computer using a USB data cable and then type and execute the following commands in the command prompt window belonging to Minimal ADB and Fastboot.

Adb reboot bootloader

Once the device reboots into bootloader mode, enter the following command to unlock your device’s bootloader.

Fastboot oem unlock

Step 5: Once that’s completed, disconnect your phone, turn it off and then connect it to the computer using the data cable while holding down the Volume Up button. This will place your device into Download mode.

Step 6: Launch the LG Up application and then click on the Upgrade button. You’ll be presented with a file selection prompt asking for aTOT file. Extract the downloaded H830 TOT file with TWRP from the RAR with the same name and select it in the file selection prompt. Press the Start button to initialize the flashing procedure.

Step 7: Once the firmware is flashed, your device will have TWRP custom recovery installed. Boot your device into recovery mode and then flash the ZIP files from your phone’s internal storage using TWRP’s Install menu. Flash both files and then reboot your phone.

And that’s it. Your device should now be ready to go with TWRP custom recovery and root access. If you end up in a bootloop after installing TWRP, here’s the fix:

Enter and execute the following commands in Minimal ADB and fastboot after connecting your phone to the computer

adb shell
su
dd if=/dev/zero of=/dev/block/platform/624000.ufshc/by-name/misc
dd if=/dev/zero of=/dev/block/platform/624000.ufshc/by-name/fota
reboot

CEO states the company’s new role definitions in the technological ecosystem

Facebook Inc. CEO, Mark Zuckerberg, had a live chat with the COO, Sheryl Sandberg. During the chat, Mr. Zuckerberg emphasized that Facebook is “not a traditional media company.”

In August, CEO said that the company has no intentions or ambitions of being a content provider. He further insisted that his company is “a tech company, not a media company.” However, on Wednesday, he seemed to retreat a bit from his former statement, as he portrayed a slightly different picture of his company in the course of a live video chat with Mr. Sandberg.

During the video chat, he stated, “Facebook is a new kind of platform.” Highlighting the social media giants’ role in this vast social networking ecosystem, he put into notice the company’s overall responsibilities toward the news that users read or get. He cited, “It’s not a traditional technology company. It’s not a traditional media company. You know, we build technology and we feel responsible for how it’s used. We don’t write the news that people read on the platform, but at the same time we also know that we do a lot more than just distribute the news, and we’re an important part of the public discourse.”

His comments come amid the amplified criticism for Facebook’s NewsFeed algorithm. The algorithm is software which picks the posts users see first. Numerous recent allegations suggest that Facebook aided Donald Trump’s run as president in the elections too, something which was initially dubbed as “a pretty crazy idea” by the CEO.

Last week, Facebook noted that it will revamp its NewsFeed in an ongoing effort to eliminate flow of deceptions. The company’s aim is to make reporting deceptive and misleading information easier than before, while allow users to add warnings to such content on the platform. Stating on the fake news issues, the CEO said, “Reflecting on 2016, this is just something that I’m proud that people in this company take so seriously.”

With a few simple steps, you can open up a world of customization for your Huawei Honor 8

While the Huawei P9 is priced towards the flagship category, Huawei’s Honor 8 is a smartphone more aimed towards the masses. The phone is priced in the mid-range category and has pretty stellar hardware. However, there are a lot of people who don’t really like Huawei’s interface or simply want to customize their device by installing custom ROMs. If you’re one of those people, here’s how to root the Honor 8 and install TWRP recovery, which is required for installing custom ROMs. 

What You Need: 

Huawei Honor 8 with unlocked bootloader 

TWRP Recovery and Super SU ZIP. 

USB Debugging enabled from Developer Options 

Minimal ADB and Fastboot. Download here. 

Note: Please ensure that you’ve backed up all the data on your device prior to starting this guide. 

Step 1: First of all, download all the linked files from above and place them in a folder on your Desktop. Next, install Minimal ADB and Fastboot and also ensure that the USB drivers for your device are installed. 

Step 2: Copy the TWRP IMG file to the installation directory for Minimal ADB. Then launch Minimal ADB and Fastboot. 

Step 3: Connect your phone to the computer. Type and execute the command “adb devices” to check if the device has been detected. If so, execute the command “adb reboot bootloader” to reboot the device into fastboot mode. 

Step 4: Execute the following command to flash the recovery IMG for TWRP onto your device: fastboot flash recovery TWRPfilename.img. Replace TWRPfilename with the actual name of the img file. The flashing process should take a few minutes and your device will reboot normally. 

Step 5: In Minimal ADB, type and execute “adb reboot recovery” to place your device into TWRP. Copy the SuperSU Zip file on your device and install it using the Install section of the TWRP Recovery.  

And that’s it. Once the installation completes, reboot your device and your phone should be rooted with TWRP recovery.

Microsoft’s former executive and COO Qi Lu joins Baidu

Microsoft’s former executive vice president, Dr. Qi Lu has joined the Chinese search engine giant, Baidu Inc. The announcement was made by the company today that Lu will serve as the Chief operating officers and president of numerous departments. He was previously the executive vice president of Microsoft’s services and applications Group.

Dr. Qi Lu left Microsoft a year ago where he served as the global executive vice president; he also has worked at Yahoo in the past. The chairman and CEO of the Chinese company, Robin Li said that the organization to delighted to this new addition of Lu as the senior executive. He said, “Dr. Lu possesses a wealth of leadership and management experience, and is a leading authority in the area of artificial intelligence. I’m confident that Dr Lu will make major contributions to the overall strength of our management and technology. “

Lu has ample of experience in tech companies in the past clearly, and this addition will prove to be fruitful for Baidu. He received his masters and bachelors degree from Fudan University (Shanghai) in computer science.  He also has a PhD in Computer Science which was attained from the Carnegie Mellon University.

Lu said a few words regarding his new position, “I am delighted to join Baidu. Baidu is well known as one of China’s top technology companies, and is already recognized on the global stage as a leader in AI.”He looks forward to be a part of the company. Lu will not be the first new executive at the tech giant but ore are expected to follow soon.

The Chinese company and the new addition to the executives’ team, both seem confident that they will be able to achieve their goal better together, especially in the artificial intelligence department. Now the question is whether Baidu will be efficiently able to compete with Google in the future or it still has a long way to go.

Tesla plans to infiltrate India through its mass-market sedan but the country could be a bigger market for the EV maker than many expect

Last week, Tesla Motors Inc (NASDAQ:TSLA) official entered the mass-market race by premiering the final piece of the puzzle at its Design Studio. The compact sedan Model 3 will expand the company’s total addressable market and slash the niche-automaker tag. One of the new markets where Tesla plans to roll out the vehicle is the second-most populous and one of the world’s largest economies, India.

Ahead of the Model 3 unveil Part 1, Elon Musk tweeted: “Adding several more countries to Model 3 order page tonight. Check for details, but will include India, Brazil, SA, SK, NZ, Sing & Ireland.” The CEO also told a local publication India Today on Twitter that Tesla will install “India-wide Supercharger network.”

Additionally, one of the Indian fans asked Mr. Musk the availability of Model 3 in the country. He replied: “We are working on an exact date, but Tesla will be in India before 3 production starts.”

According to The Hindu, several Indian entrepreneurs of tech startups like Paytm, GoQii, Voonik, Phone Radar Blog, and PWC. The $35,000 vehicle could cost them Rs. 46.23 lakh after a 100% import duty, unless the Modi administration introduces exemptions on electric vehicles. Some of the Indian customers believe that Tesla can become a big brand in the Indian market, which is inclined towards high-performance, environmental-friendly vehicles.

India’s air pollution levels surpassed that of the world’s largest automobile industry China last year, after increasing at an average rate of 2% in last 10 years, according to a Greenpeace India. The report also showed that 23 of 32 Indian National Air Quality Index (NAQI) stations are indicating over 70% exceedance of the Indian standards, putting health civilian health at risk.

Notably, the Modi administration aims to become 100% electric by 2030, similar to an initiative taken by the Dutch government. India Times reported that the lawmakers are devising a program to offer Evs on zero-down payment for which consumers can than pay for Evs at a rate they saving on gasoline. A working group of ministers of road, oil, and environment will hold a meeting this week to discuss the implementation plans.

India is the world’s fifth largest and Asia’s third largest automobile market, which is similar to that of China only without policies to promote EV sales. The country saw sale of 2.54 million passenger-vehicles in the first 11 months of 2015, representing 7.64% year-over-year (YoY) growth.

Additionally, the country faces issues to provide 24/7 power supply to its over 1.2 billion civilians. These issues make India an attractive market for Tesla Energy too. Since Prime Minister Narendra Modi’s meeting with Mr. Musk at Fremont Factory last September, there had been a lot of speculation regarding Tesla’s entry into the market. The management stated in 3QFY15 Shareholder Letter: “There is also an exciting market opportunity for us in India with strong government alignment that we look forward to growing in 2016.”

Microsoft is heavily rumored to incorporate the latest-gen Intel Kaby Lake in its next-gen Surface Pro

Microsoft Corporation (NASDAQ:MSFT) recently announced a host of new Surface devices during its recent October event. Although the newly announced Surface Studio and refreshed Surface Book i7 make for two high-performing devices, users were left bitterly disappointed with the no-show of the next-generation Surface Pro.

Although it seems like a bizarre decision from Microsoft to update its Surface Book and completely neglect its next-gen Surface Pro, there is a method to the Cupertino based tech giant’s madness. According to recent speculation, the upcoming 2-in-1 device is expected to harness the processing power of Intel Corporation’s (NASDAQ:INTC) new Kaby Lake processing chipsets. Unfortunately, Intel has confirmed that it will not be ready to mass-produce its latest-generation processing chipsets until early-2017. Hence, this would explain Microsoft’s decision to delay its highly-anticipated hybrid device.

Moreover, Apple Inc. (NASDAQ:AAPL) has lived up to expectations by recently refreshing its MacBook Pro lineup. Although the company’s new notebook offering incorporates a host of performance upgrades compared to its predecessor version, the device is powered by the previous generation Intel Skylake processing chipset which is a bit of a let down from the Cupertino-based tech giant.

Moreover, Intel’s new Kaby Lake processing chipsets are both faster and efficient at power consumption. Hence, the hardware giant has ensured that its new processors are more advance than their previous generation models in every way possible. There should be no doubt that Kaby Lake processor can bring the performance of a device to a completely different level.

The new MacBook might be selling like crazy but Microsoft is ever so close from releasing a device which has the potential to outperform its rivals in multiple ways. Hopefully, the Redmond company intends on releasing its next-generation 2-in-1 device soon after the start of 2017.

Comment and let us know if you think that the next-generation Surface Pro can get the better of Apple’s new models of MacBook Pro. Stay tuned for more news and updates regarding Microsoft’s upcoming Surface devices.

The Microsoft Surface Book 2 is reportedly set to launch during the second quarter of 2017

So far, Microsoft Corporation (NASDAQ:MSFT) has remained tight-lipped about its upcoming devices. However, as per the latest reports, the next-generation Surface Book will feature NVIDIA Corporation’s (NASDAQ:NVDA) powerful GTX 1060 GPU. If this latest rumor turns out to be true, the next-generation Surface Book will be a massive upgrade from its predecessor model.

Not only would the NVIDIA GTX 1060 drastically improve the graphics of the Surface Book 2, but it would also enable faster performance. The Surface Book 2 is expected to see the light of day by the second quarter of 2017.

The upcoming Surface Book will be powered by Intel’s seventh-generation Kaby Lake processor which will further improve the performance and efficiency of the device over its predecessor. Along with that, the device is highly-rumored to run the Windows 10 Redstone 2 operating system which is set to roll out by early 2017.

The updated Windows 10 OS should bring an improved user interface for users. Interestingly, the updated Windows 10 is designed to make a few Xbox exclusives compatible with the Surface Book; this is where the NVIDIA GTX 1060 will demonstrate its sheer processing power. Also, reliable sites are dead certain that Microsoft will incorporate a 4k display on the next generation Surface Book which will further boost visual experience of the device.

It would be surprising if Microsoft did not update the battery life on the next generation Surface Book, especially after the negative battery reviews the current Surface Book has received. The Surface Book 2 should also include a USB Type-C port which would enable faster charging.

It is important to remember that Microsoft has not confirmed any rumors regarding its next generation Surface Book. The Country Caller will continue to update you as the updates pour in.