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Business, Financial & Legal Posts - Page 1

Man gets shot, instead of calling the cops, he grabs an Uber home

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: 26 mins ago

I've caught a number of Uber rides over the last few years, but it's normally for convenience - but this guy had another idea. A man from Grand Rapids, Michigan called an Uber after he was shot, telling the driver to take him home.




Uber driver David Heinicke said he told the 20-year-old gunshot victim that he needed to go to a hospital, but he refused. Heinicke said: "(I) tried to get him to go to the hospital, he would not do it, refused to do it. Looked like a handkerchief or something tied around his leg, trying to stop the bleeding. You could see right into his leg and the big crease down his pants where something had obviously hit him in the leg, and he later told me he had been shot by a .22 pistol".


Even after Heinicke said to his passenger that he needed to go to the hospital, all the Uber passenger wanted to do was go home. Heinicke added: "(He) said if I didn't take him here, he was going to get out and walk the rest of the way, so I brought him here. Then I called the police, and that's why you're here".


The shooting victim ended up making it to the hospital, with the police saying that his injuries were not life-threatening. There's no suspect in custody right now.

Cards Against Humanity sold nothing over Black Friday, still made $54k

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: 6 hours, 46 mins ago

Cards Against Humanity used a black screen and a form to accept credit card payments over Black Friday, and guess what? Even by selling nothing and asking for you to give them $5, they made a huge $54,000 over Black Friday.




Most people would have to know it's a joke, but for some $5 is something you can throw to some company that you already love - like Cards Against Humanity. The FAQ on the website is pretty awesome, where it says:


About This Amazing Offer


If I give you $5, will I actually get anything in exchange?

We're so glad you asked! No.


Why are you selling nothing?

On Black Friday, everybody is selling something. We're the only company to offer the superior Black Friday experience of buying nothing.

Continue reading 'Cards Against Humanity sold nothing over Black Friday, still made $54k' (full post)

ESPN subscribers diminish at an alarming rate, streaming is to blame

By: Chris Smith | More News: Business, Financial & Legal | Posted: 1 day, 19 hours ago

With online streaming becoming more mainstream, ESPN is starting to really feel the heat. ESPN parent company, Disney, said in an earnings conference that subscribers are currently dropping, softening the blow by naming it as "some modest losses."




What exactly does modest mean? According to regulatory files that were made public this week, ESPN now holds 92 million subscribers. While 92 million is still much larger than many other platforms and completely blows things like World of Warcraft out of the water, it becomes alarming when when this number is compared to previous statistics.


With 92 million subscribers in 2015, ESPN posted 95 million in 2014 and an even greater 99 million in 2013. This 7 million drop in subscribers over two years marks just the beginning of what Disney CEO, Bob Iger, says will be an indication of the future.

India's Cochin International airport runs 100% on solar power

By: Chris Smith | More News: Business, Financial & Legal | Posted: 2 days, 11 hours ago

Beginning its 'off the grid' lifestyle in August 2015, the Cochin International airport in Southern India has become the first of its kind to operate solely on solar power. With a 1300-acre coverage itself, the airport is held up by 46,000 solar panels that produces power suitable for 10,000 homes, or the seventh largest airport in the world alone.




This solar pledge took over six months to construct and $9.5 million in funding, with other airports in the country now interested in following suit. While is is currently fully operational, the business is now looking to expand, set to cause issues for the current power supply as upgrades will be needed. The current supply is already overloaded, meaning that this airport may need to jump back on the grid or create a second solar farm of its own.


The BBC says that the move to solar power was due to multiple expensive power bills, with Cochin International management believing that the solar route will save them money in the long run.

Disney downplaying opening numbers for Star Wars: The Force Awakens

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: 3 days, 20 hours ago

While $50 million in pre-sale tickets have been sold for Star Wars: The Force Awakens, Disney is downplaying some of the estimates of the domestic opening of the movie - with some estimates seeing the movie hitting $300 million.




Disney is predicting around $170 million for the opening weekend, with other estimates having it open to somewhere between $185 million and $210 million. The biggest December opener in the United States until now is The Hobbit: An Unexpected Journey, which pulled in $85 million, less than half of the lower estimates for The Force Awakens.


But, The Force Awakens is now going to be fighting huge openings like Jurassic World, which stomped away with $208.8 million.

Intel sub-contractor had friend make hoax bomb call to avoid work

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: 4 days ago

Most people have had those days when they just don't want to go to work, but Aaron O'Neill took it a step too far by asking his friend to call in a bomb threat at his work, so he wouldn't have to slump into his job as a sub-contractor at Intel after a big night of drinking and recreational drugs.




O'Neill paid his friend Colin Hammond to call in a hoax bomb threat to Intel, which ended up with a motorway being shut down, disrupting air traffic control and stopped some 4000 employees at Intel from having to go to work. Intel reportedly lost around 6000 hours of production in a "conservative estimate" according to Garda Eamonn McFadden.


Hammond called the authorities, saying that there were bombs located at Intel that would explode in 12 hours. Hammond told emergency services: "You will not find them. This is a warning, we're everywhere now". When asked who was making the call, Hammond stepped over a big line by saying he was a part of the terror cell "Islamic State".

Continue reading 'Intel sub-contractor had friend make hoax bomb call to avoid work' (full post)

Microsoft says its worker cutback affected staff diversity

By: Chris Smith | More News: Business, Financial & Legal | Posted: 4 days, 11 hours ago

Due to employing 5,701 less women and 5,316 fewer men in 2015 when compared to 2014, Microsoft says that auxiliary layoffs are to blame for its 2.2 percent drop in female workforce percentages.




This drop in diversity wasn't a planned maneuver says Microsoft general manager of diversity and inclusion, Gwen Houston. Houston wrote that this percentage wasn't due to a conscious decision to slash female numbers, but due to slashing the "facilities outside the U.S. that produce handsets and hardware."


With these facilities employing a much larger percentage of females than males, the overall layoff of these staff help explain the widened gap. While the lower-level jobs have seen a slight drop in women, executive role percentages have remained unchanged and the overall racial diversity has seen improvement.

Netflix used by 51% of Internet users in the US

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: 1 week ago

Netflix has over 70 million global subscribers, but did you know the company has an insane install base in the United States? There are 43 million US subscribers, over half of Netflix's user base.




According to a new survey from research firm RBC Capital Markets, over half of US Internet users have used Netflix to watch a movie or TV show in the last 12 months. The study also asked users what other ways they consume their video, with YouTube coming in second place. Behind that, there was Amazon Instant Video, Hulu and HBO Go.


With huge shows like House of Cards, Daredevil and the just-released Jessica Jones, it's no wonder why Netflix is such a powerhouse for video content.

YouTube will pay legal fees for some facing unfair takedown demands

By: Sean Ridgeley | More News: Business, Financial & Legal | Posted: 1 week, 2 days ago

YouTube stated today it will be paying legal fees for some of its video creators facing what they believe to be unfair takedown demands. While many demands are legitimate, YouTube's feeling is fair use laws -- which protect reuse of content for commentary, criticism, news, and parody -- aren't getting enough respect.




The aim is to fight for fair use, but also to strengthen the relationship between itself and its content creators. As of now, it's backing four of them (one runs "UFO Theater", another is abortion rights group Naral Pro-Choice Ohio), but has said it may expand.

Continue reading 'YouTube will pay legal fees for some facing unfair takedown demands' (full post)

This robot can build a four-bedroom brick house in two days, no humans

By: Chris Smith | More News: Business, Financial & Legal | Posted: 1 week, 2 days ago

Fastbrick Robotics claims that its new machine can lay a four-bedroom brick house in just two days, with zero human assistance during the construction process.




Now beginning to trade on the Australian Stock Exchange, this robotics company has spent over $7 million AU over a 10 year period developing and testing initial super machine, naming it the Hadrian 105. Pooling together $5.7 million AU in capital raising, Fastrick Robotics is now looking into building its Hadrian 109 machine, being the technology capable of this incredible feat.


Utilizing a 3D CAD structure design, much as a builder or architect would, this new technology uses a 28 meter telescopic boom to lay bricks to the configured specifications. The brick mortar is then pumped and applied through the brick-laying head, utilizing a laser alignment system to provide complete accuracy.

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