Apple and Samsung spent last week in a California courtroom, apparently the final stages of a patent litigation saga that has gone on for years, where a jury will decide the financial damages Samsung owes Apple for infringing on iPhone design patents.
But quite separately, Samsung is coming at Apple and the iPhone in the court of public opinion, through a new commercial that pokes fun at Apple’s revelation that it may throttle or slow down iPhones with older near-depleted batteries.
The timing of Samsung’s spot is a tad curious in that Apple apologized for the battery issue back in December and said it would offer out-of-warranty replacement batteries for as little as $29. Moreover, as recently as March, Apple came out with an iOS software update that includes a performance management tool that lets you disable the throttling that Apple says it put in place to protect devices with weak batteries from sudden, unexpected crashes.
No matter. The one-minute ad follows the travails of an increasingly frustrated woman with a seriously poky iPhone 6, who after encountering TSA, riding on an airplane and getting into what appears to be an Uber, finally takes the phone to an Apple Store.
She is told there by a fake Apple employee that she could, “turn off the performance management feature but it may lead to unexpected shutdowns.” Or, he adds, “you could just upgrade it.”
On Saturday (May 19), Offset confirmed he was in a car accident earlier in the week. The Migos rapper posted a series of photos from the crash on Instagram, including proof of his seriously damaged car and his injuries.
“This is why I thank God Every day I could have been dead from this accident thank you all for you prayers all I can say is (G O D I S R E A L G E T W I T H H I M ) H E S A V E S L I V E S,” the rapper wrote.
Fiancée Cardi B, who is expecting a baby with him, also commented on social media Saturday evening. In a since deleted tweet, she shed some light on what allegedly happened and also credited God for saving Offset.
“Crazy how Set had to swerve and hit a tree cause a crackhead was in the middle of the road trying to get hit or kill himself,” she said, “but God do unexplainable things! Luckily a man was walking by, walked him home and just vanished. The Lord is real.”
Offset was hospitalized for his injuries. In the photos he shared, he appears to be lying in a bed and a hospital bracelet can be seen.
Move over tiny houses, Wall Street investors are now tuning into tiny stocks.
Indeed, the small-is-better trend has made its way to Wall Street. Small stocks are putting up bigger gains than their large-company counterparts.
In the clearest sign of the shift in investors’ affections, the small-company Russell 2000 is the first major U.S. stock index to break out to a record high following the stock market’s first 10% correction in two years in February. On Thursday, the small-fry index gained 0.55%, while the Dow, S&P 500 and Nasdaq all finished with losses.
The average market value of stocks in the Russell 2000 is $2.5 billion, according to index provider FTSE Russell. Compare that to Apple, the most valuable stock in the large-company S&P 500 index that is closing in on a market value of $1 trillion.
Top holdings in the small-cap index include biotech drug maker Nektar Therapeutics and online food delivery service GrubHub.
Alec Young, managing director of global markets research at FTSE Russell, cites a few factors driving the better performance of small stocks. One benefit is small companies get the bulk of their revenue from within the U.S.
That shields them from headwinds faced by big companies in the S&P 500, which get nearly half of sales from overseas.
Small stocks are less impacted by a stronger dollar, which makes U.S. goods sold abroad more expensive. They also suffer less turbulence due to geopolitical and trade fears.
Source: USA TODAY
Oil prices jumped after President Trump scuttled the Iranian nuclear deal, pushing gas prices higher. Will pump prices pummel your driving budget this summer — and thereafter?
My research says no. Oil’s budget-bashing potential went the way of the eight-track. Recent price wiggles won’t last. Why?
Americans routinely fear higher oil. Memories of disco-era oil shocks, gas lines and stagflation loom large, passed on as lore from my generation to our kids. Back then, the Middle East dominated oil, given OPEC’s embargo pricing power.
But those days are dead.
Iran isn’t really crucial now. It produces about 4.5 million barrels of oil a day, exporting just 2.5 million barrels. U.S. crude production is now 10.5 million barrels a day and should reach 11.9 million barrels next year.
Saudi Arabia has promised to help some, too. We and they more than offset the 1 million barrels-a-day reduction in Iranian exports officials expect from the return of sanctions. But realistically, Iran will export as much as before. As detailed in my April 15 column, single-country sanctions never bite. Companies work around them, diverting shipments through third parties for a minor brokerage commission mark-up. The only real change is altered shipping routes. Iran sells most of its oil to China, which is unaffected by these sanctions.
To see how trivial Iran is for oil, note 2012 to 2016, when Western sanctions blocked Iranian oil exports to America and Europe. Oil prices plunged from more than $100 a barrel to $26 in January 2016. Perversely, in 2016, when Iran restarted exporting to Europe, prices rose. But other forces were dominating the market by then.
Mother’s Day 2018 just got real. After years of creative reclusion — intermittently broken by a steady string of dynamic guest vocal appearances on other artists’ projects — André 3000 has released nearly 22 minutes of new music in homage to his deceased parents.
He’s posted the two soul-baring songs, “Me&My (To Bury Your Parents)” and “Look Ma No Hands,” on SoundCloud and even created an Instagram page — likely his first foray into social media — where he’s posted handwritten lyrics to “Me&My (To Bury Your Parents),” along with song credits and a photo from childhood with he and his mother Sharon Benjamin-Hodo. The page also contains screenshots of text messages they exchanged on his 37th birthday, the day before she died in 2013. André lost his father Lawrence Walker less than a year later, in February, 2014.
“Me and my mother drivin’ to the grocery sto’ / me ridin’ shotgun with my window rolled down,” he sings on “Me&My (To Bury Your Parents),” accompanied on piano by Kevin Kendrick. “She smokes cigarettes and gets what she gets by hustlin’ harder / rollers and a nightgown.” His second verse draws the contrast, with André riding shotgun to football games with his dad, who likes to sip cognac and keeps everybody laughing. “I was much happier when he was around…,” he sings. “Zen, he was around.”
Donald Glover‘s latest Childish Gambino release “This Is America,” which dropped in the late hours of Saturday, May 5 alongside a jarring, symbol-rich music video, has sparked hot takes, debate and abounding think pieces since its release. Now, the art has the metrics to back up the rhetoric: “This Is America” debuted at the No.1 spot on the Billboard Hot 100, bumping Drake to the No. 2 spot and marking the first No. 1 song in the 34-year-old’s music career.
Before Glover nudged Drizzy off the leaderboard, the Canadian rapper held the top spot for 15 weeks straight, first with “God’s Plan” ruling for 11 weeks and then with “Nice For What” holding steady for four weeks. In addition to claiming the No. 1 spot on the Hot 100, the song also simultaneously hit another high, with the Hiro Murai-directed video becoming YouTube’s biggest first-week debut of 2018 so far. The four-minute clip garnered 85.3 million views in its first week on the site and is currently at 119 million views and counting — well above its stream count on Spotify.
Here you go ladies. Essence just released their June cover.
Source: Black America Web
As previously reported, Childish Gambino‘s “This Is America” debuts at No. 1 on the Billboard Hot 100 chart (dated May 19), dethroning Drake‘s “Nice for What,” which spent its first four weeks on the survey at No. 1.
Still, Drake earns a notable consolation prize.
“Nice” enters the top 10 of Billboard‘s all-genre Radio Songs chart (rising 11-8 with 72 million in airplay audience, up 18 percent, in the week ending May 13, according to Nielsen Music), becoming Drake’s 20th top on the airplay tally. With the ascent, he ties Lil Wayne for the most Radio Songs top 10s among solo males, dating to the chart’s December 1990 inception. The pair trails only Rihanna, the overall leader with 29 Radio Songs top 10s, and Mariah Carey, with 23.
Here’s an updated look at the acts with the most Radio Songs top 10s:
23, Mariah Carey
20, Lil Wayne
“Nice” concurrently climbs 3-1 on R&B/Hip-Hop Airplay, becoming Drake’s record-extending 25th No. 1 (Usher ranks second with 15). Drake has led the list continuously for 12 weeks running, thanks to three songs: Before “Nice,” his own “God’s Plan” reigned for nine frames beginning (March 3), and BlocBoy JB’s “Look Alive,” featuring Drake,” led the past two weeks (beginning May 5).