Senator Elizabeth Warren is fighting back at billionaires who've criticized her proposed taxes and policies in a new MSNBC commercial set to air this week, says one of her aides. The ad titled, 'ELizabeth Warren Stands up to Billionaires,' has the senator and 2020 presidential candidate unleashing her criticism on money manager Leon Cooperman, former CEO of TD Ameritrade Joe Ricketts, former Goldman Sachs chief Lloyd Blankenfein and Silicon Valley investor Peter Thiel. Cooperman wasn't happy. Senator Elizabeth Warren is fighting back at billionaires who've criticized her proposed taxes and policies in a new MSNBC commercial set to air this week, says one of her aides. Money manager Leon Cooperman was one. 'She's a disgrace' he tells CNBC 'It's time for a wealth tax in America', Senator and 2020 presidential candidate Elizabeth Warren announces in the start of the 60 second ad to cheers from a crowd 'She's disgraceful,' Cooperman tells CNBC, when asked about the ad that … [Read more...] about ‘She’s disgraceful. I gave away more in the year then she has in her lifetime!’ Billionaire Leon Cooperman launches foul-mouthed TV rant in latest round of feud with Elizabeth Warren as her ads trolling him over insider trading are revealed
Silicon valley billionaires
Apple shares soared to an all-time high on Tuesday afternoon after the tech company announced it had sold 41m iPhones in the last three months. Apple also appeared to scotch rumors that the iPhone 8 – the phone that will mark the 10th anniversary of the original model – has been delayed. Profits were up by 11.9%, to $8.72bn. The news was enough to send shares in the world’s most valuable company up close to 6% in after-hours trading – to $159 a share – adding close to $40bn to the value of the company. Analysts had been expecting Apple to ship 40m-41m iPhones in the three months ending 30 June. According to the company’s latest quarterly earnings report, Apple expects revenues between $49bn and $52bn for the final quarter of the year, when the new iPhone is expected to be released. That figure beat previous forecasts. The company is expected to release its next iPhone in September. The iPhone 8 could come with a version costing more than $1,000 and … [Read more...] about Apple hints ‘iPhone 8’ won’t be delayed as company’s shares hit record high
A shopping centre in Los Angeles has introduced its first robot security guard to patrol the mall to help identify potential shop lifters. The robocop-style guard is capable of picking up video footage and sending information back to security headquarters, so they can respond quickly. It is equipped with a 360-degree camera, WiFi, sensing units and can stream live video, read license plates and detect people. The bot operates autonomously and looks like a cross between a dalek from Doctor Who and the main character in Wall-E. The objective of the machine is to differentiate between a harmless passerby and a possible criminal. Scroll down for video A shopping centre in Los Angeles has introduced its first robot security guard to patrol the mall. The robocop-style guard is capable of picking up video footage and sending information back to security headquarters, so they can respond quickly The retailer says that the robot will begin patrols at The Bloc open-air plaza in … [Read more...] about Robocop-style security guards capable of recording video and detecting mobile devices are being used in an LA shopping mall
Few things are certain in the American healthcare system – except for the paperwork. The tedious ritual of signing forms authorizing new providers to access our medical history is the result of a rarity for Americans: thanks to the first amendment, we have few rights and little expectation of privacy, except when it comes to our medical records. Even doctors who have our best interests at heart must get permission to access our data under the Health Insurance Portability and Accountability Act (Hipaa). So it was truly shocking to learn this week that a business partnership between Google and Ascension, a major hospital chain and health insurer, has resulted in the transfer of 50 million Americans’ most intimate medical records to the Silicon Valley company, without the knowledge or consent of those 50 million patients. Even more alarming, the records are not de-identified, and a whistleblower disclosed to the Guardian serious concerns about the program, including that … [Read more...] about Will Google get away with grabbing 50m Americans’ health records?
Apple's aggressive pricing strategy came under scrutiny on Thursday as the company's shares plunged more than 9 per cent, wiping $73billion off its value. Amid the fallout, analysts blamed the firm's pricing - which has seen the cost of some handsets balloon to more than $1,000 - for contributing to the fall. Goldman Sachs was the most scathing in its analysis, saying the tech firm had 'miscalculated the price/feature balance' on its new $750 iPhone XR. With demand for Apple phones waning, the bank argues that it has lost its ability to charge premium prices. Scroll down for video Apple shares plunged over 9 percent today as Wall Street was rattled by the Silicon Valley giant's shock revenue warning. The firm said it now anticipates lower revenues of $84 billion APPLE'S PLUNGING VALUE BY THE NUMBERS Apple's value has plummeted $446 billion since it reached highs in October. That $446 billion loss is worth more than: The size of Facebook, worth … [Read more...] about Paying the price for greed: Analysts blame Apple’s new sky-high pricing for drop in iPhone sales that sent shares plunging by $73bn