Brick & Mortar fund raises $97 million to make building and construction tech-savvy – Reuters

New York City (Reuters) – Brick & & Mortar Ventures, an equity capital fund founded by a scion of family-run Bechtel Corp, said on Tuesday it had actually raised $97.2 million from leading construction-related business as contractors turn to 3D printing and other software to cut expenses and enhance efficiency.

An undated handout image of the logo for endeavor capital fund Brick & & Mortar Ventures supplied by the business and obtained by Reuters August 13, 2019. Brick & & Mortar Ventures/Handout by means of REUTERS

San Francisco-based Brick & & Mortar at first raised $50 million in late 2017 and the remainder in January to invest in building, an industry that was sluggish to welcome innovation. The fund is among the very first to try to digitize building.

Current offers and appraisals surpassing $1 billion, led by Oracle’s acquisition of Australian construction management software application company Aconex Ltd for $1.2 billion in 2017 made financiers keep in mind of building-related technology start-ups.

“There’s now a sense of urgency,” Darren Bechtel, creator of Brick & & Mortar, said in an interview.

“Suddenly, the financier market is waking up,” stated Bechtel, whose sibling Brendan is chairman and chief executive of Bechtel, among the world’s largest engineering, building and job management firms.

The business has not purchased Brick & & Mortar. The fund, Brick & & Mortar Ventures I LP, its investments and limited partners, were officially revealed Tuesday.

Other financiers consist of software application maker Autodesk Inc (ADSK.O); Mexican cement company Cemex SAB de CV (CEMEXCPO.MX); Pathway Labs, an Alphabet business (GOOGL.O); and Obayashi Corp (1802. T), a leading Japanese building and construction business, to name a few.

Two other deals involving construction-related software last year showed Aconex was not a one-off.

Trimble (TRMB.O) gotten Viewpoint for $1.2 billion in April 2018. Then last November Autodesk paid $875 million for PlanGrid, which had been Bechtel’s very first financial investment in building-focused technology back in 2012, when he participated in a $1.1 million seed round of financing, according to Crunchbase.

Huge efficiency gains can happen in labor performance if a company can find out how to increase time devoted to work or minimize the number of people out in the field, where 40% to 60% of a task’s expense can be labor, Bechtel said.

Resolving the high amount of building and construction material that is lost also is ripe for development. Some 40% to 50% of the world’s strong waste is estimated to be building materials.

Branch Technologies, a portfolio company, is presenting brand-new ways of building through 3D printing, which limits waste as only the quantity of product needed is utilized. The days of cutting lumber to size and discarding the pieces might be over.

Reporting by Herbert Lash; Modifying by Nick Zieminski

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Disgraced Lostprophets vocalist Ian Watkins gets more prison time after hiding phone in anus

Almost 6 years earlier, Lostprophets singer Ian Watkins was sentenced to 29 years in prison for absolutely repellent sexual offenses. Now, he’ll be serving much more time after being found guilty of hiding a phone in his anus.Back in December 2012, the Welsh singer was charged with such revolting criminal offenses as conspiracy to participate in sex with a 1-year-old girl, circulation of indecent pictures of kids, and ownership of severe animal pornography.He eventually pleaded guilty to attempted rape and sexual attack of a kid under 13, 3 counts of sexual attack involving kids, and other offenses. He was consequently sentenced in December 2013 to 29 years in prison plus six years of monitored release.Now, after being discovered in belongings of a mobile phone in jail, Watkins was provided an extra 10 months on top of the 29 years he’s currently serving, according to.Moreover, throughout his trial this week, it was exposed that Watkins concealed the phone in

his rectum. The founded guilty musician argued that 2 of his fellow prisoners required him to hold the phone as a method of getting in touch with women who sent him fan mail, and inquiring for money.Watkins even had the nerve to inform jurors that”you would not wish to tinker”his fellow prisoners at HM Prison Wakefield,

calling them “mass murderers, rapists, pedophiles, serial killers– the worst of the worst.”Actually, has he searched in the mirror lately?Lostprophets ‘profession clearly ended upon Watkins’arrest. The band had actually released five albums, and broke the Top 10 of U.S. mainstream rock radio with the single “Last Train Home”in 2004. Back in 2014, Thursday frontman Geoff Rickly teamed up with the remaining Lostprophets members to form the band No Devotion. They released the album Permanence in 2015.

Disgraced Lostprophets singer Ian Watkins gets more jail time after hiding phone in rectum Spencer Kaufman

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NeoCon billionaire Paul Singer is sending United States tech tasks to Israel

Paul E. Vocalist, billionaire creator of the hedge fund company Elliott Management, launched Start-Up Nation Central, based in Tel Aviv, to deepen ties in between Israeli and U.S. tech centers. (PICTURE COURTESY GIVINGPLEDGE.ORG)

Top U.S. tech business have been filling executive positions with previous members of Israeli military intelligence, in addition to operatives from Israeli companies understood to have spied on American people, companies, and the federal government. According to leaked United States federal government documents, Israel is a leading espionage hazard.
Nonetheless, companies like Google, Microsoft, and Intel likewise have actually sent tactical and critical operations, billions in investments, and thousands of tasks to Israel. They then purchase Israeli start-ups, and have a vested interest in Israel’s regional economy, eventually making it boycott-proof.
Billionaire American Paul Singer and his nonprofit Start-Up Nation Central (SUNC) are behind the Netanyahu-inspired motion, which has seen tens of thousands of layoffs in the US as brand-new tasks are developed in Israel.

by Whitney Webb, reposted from WRMEA, Washington Report on Middle East Affairs

With nearly 6 million Americans unemployed, and regular bouts of layoffs in the U.S. tech market, significant American tech companies like Google, Microsoft and Intel Corporation are nonetheless moving key operations, billions in investments, and countless jobs to Israel– a pattern that has actually mainly left media attention or issue from even “America initially” politicians.

The truth that this enormous transfer of financial investment and tasks has been so ignored is particularly striking considered that it is mainly the work of a single leading neoconservative Republican donor who has actually given millions of dollars to President Donald Trump.

Many of the leading tech business continue to move investment and tasks to Israel at record rates even as they collect substantial U.S. government aids for their operations while they move important aspects of their service abroad. The pattern is especially troubling in light of the importance of the tech sector to the overall U.S. economy, as it accounts for 7.1 percent of total GDP and 11.6 percent of total private-sector payroll.

Numerous of these companies are hiring, as top managers and executives, the members of questionable Israeli companies understood to have spied on American people, U.S. business, and U.S. federal companies, as well as numerous members of Israeli military intelligence.

[Editor’s note: Company Insider reported in 2016

Google, Facebook, Microsoft, and Intel are among more than 300 multinationals that have actually opened research-and-development centers in [Israel], which is house to simply 9 million people … Google now employs more than 600 [Israeli] engineers. Intel [is] among the biggest companies in Israel, with 11,000 workers across the country … Microsoft had grown its R&D group in Israel to about 1,000 individuals; [Apple has] 800 employees [in Israel]]

This huge transfer of the American tech industry has mainly been the work of one leading Republican donor– billionaire hedge fund supervisor Paul Singer– who likewise moneys the neoconservative think tank American Enterprise Institute (AEI), the Islamophobic and hawkish think tank Foundation for Defense of Democracies (FDD), the Republican Jewish Union (RJC), and also funded the now-defunct Diplomacy Initiative (FPI).

Vocalist’s project to bolster Israel’s tech economy at American expense is known as “Start-Up Nation Central,” which he established in response to the worldwide Boycott, Divestment and Sanctions (BDS) movement that looks for to utilize nonviolent ways to press Israel to adhere to global law in its treatment of Palestinians.

This task is directly connected to Israeli Prime Minister Binyamin Netanyahu, who in current years has actually publicly pointed out that it has actually been his “purposeful policy” to have former members of Israel’s “military and intelligence units … merge into business with local partners and foreign partners” in order to make it all however impossible for significant corporations and foreign governments to boycott Israel.

Vocalist’s nonprofit organization has actually functioned as the car through which Netanyahu’s policy has been understood, by means of the group’s close connections to the Israeli PM and Vocalist’s long-time support for Netanyahu and the Likud Celebration. With deep ties to Netanyahu, the American Israel Public Affairs Committee (AIPAC), and controversial tech business– like Amdocs– that spied on the American federal government, this Singer-funded organization has formed a nexus of connections between the public and personal sectors of both the American and Israeli economies with the single objective of making Israel the new innovation superpower, mainly at the expense of the American economy and the U.S. federal government, which currently offers $3.8 billion in annual help to Israel.

LOOKED INTO AND DEVELOPED IN ISRAEL

In current years, the top U.S. tech companies have actually been shifting a number of their most crucial operations, particularly research study and development, to one country: Israel. A 2016 report in Company Expert noted that Google, Facebook, Microsoft, Amazon and Apple had all opened research and development (R&D) centers in current years, with some of them having as many as three such centers in Israel, a country roughly the size of New Jersey. Other major tech companies that have actually likewise opened crucial operation and proving ground in Israel include SanDisk, Nvidia, PayPal, Palantir and Dell. Forbeskept in mind last year that the world’s top 10 tech companies were now “doing mission-critical work in Israel that’s core to their companies back at HQ.”

Some of these tech giants, particularly those based in the United States, are greatly investing in their Israeli branches. Intel Corporation, which is the world’s second biggest producer of semiconductor computer chips and is headquartered in California, has actually long been a significant company in Israel, with over 10,000 workers in the Zionist state. Previously this year, Intel revealed that it would be investing $11 billion in a new factory in Israel and would receive around $1 billion in an Israeli federal government grant for that investment. Simply a matter of months after Intel revealed its major new investment in Israel, it announced a brand-new round of layoffs in the United States.

Yet this is simply one current example of what has actually become a trend for Intel. In 2018, Intel made public its plan to invest $5 billion in one of its Israeli factories and had actually invested an additional $15 billion in Israeli-created self-governing driving technology a year prior, producing thousands of Intel jobs in Israel. Especially, over a similar time frame, Intel has cut nearly 12,000 jobs in the United States. While this fantastic transfer of investment and jobs was undermining the U.S. economy and hurting American workers, especially in the tech sector, Intel got over $25 million dollars in aids from the U.S. government.

A comparable phenomenon has been happening at another U.S.-based tech giant, Microsoft. Beginning in 2014 and continuing into 2018, Microsoft laid off well over 20,000 employees, the majority of them Americans, in a number of various rounds of personnel cuts. Over that exact same period, Microsoft has actually been on a hiring spree in Israel, developing new campuses and investing billions of dollars annually in its Israel-based research study and development center and in other Israeli start-up business, creating thousands of tasks abroad. In addition, Microsoft has actually been pumping millions of dollars into technology programs at Israeli universities and institutes, such as the Technion Institute. Over this same time frame, Microsoft has received almost $197 million in subsidies from the state governments of Washington, Iowa and Virginia.

Israeli political leaders and tech company executives have actually associated this remarkable shift to Israel’s tech prowess and growing credibility as a technological innovation hub, obscuring Singer’s effort in concert with Netanyahu to counter a worldwide motion targeted at boycotting Israel and to make Israel an international “cyber power.”

START-UP COUNTRY CENTRAL AND THE NEOCONS

In 2009, a book entitled Launch Country: The Story of Israel’s Economic Wonder, written by American neoconservative Dan Senor and Jerusalem Postjournalist Saul Singer (unrelated to Paul), rapidly increased to the New York Timesbestseller list for its depiction of Israel as the tech start-up capital of the world. The book– released by the Council on Foreign Relations, where Senor was then serving as adjunct senior fellow– asserts that Israel’s success in producing so numerous start-up companies arised from the mix of its liberal migration laws and its “leverage of business skills of young individuals with military experience.”

In a post-publication interview with the blog site Freakonomics, Senor asserted that service in the Israeli military was important to Israel’s tech sector success. “Certain units have become innovation bootcamp, where 18- to 22-year-olds get thrown projects and missions that would make the heads spin of their counterparts in universities or the personal sector anywhere else worldwide,” wrote Senor and Vocalist. “The Israelis come out of the military not simply with hands-on exposure to next-gen innovation, however with training in teamwork, mission orientation, management, and a desire to continue serving their country by adding to its tech sector– a source of pride for simply about every Israeli.”

The book, in addition to the numerous honors it received from the traditional press, left an enduring effect on leading Republican donor Paul Singer, understood for moneying the most prominent neoconservative think tanks in America, as noted above. Paul Vocalist was so motivated by Senor and Vocalist’s book that he decided to invest $20 million to fund and create a company with a comparable name. He developed Start-Up Nation Central (SUNC) a number of years after the book’s release in 2009.

To accomplish his vision, Singer– who is likewise a top donor to the Republican Party and Trump– tapped Israeli financial expert Eugene Kandel, who served as Netanyahu’s national economic consultant and chaired the Israeli National Economic Council from 2009 to 2015.

Senor was likely directly associated with the development of SUNC, as he was then utilized by Paul Vocalist and, with neoconservatives Expense Kristol and Robert Kagan, co-founded the FPI. In addition, Dan Senor’s sister, Wendy Vocalist (unassociated to either Paul or Saul), long-time director of Israel’s AIPAC office, became the company’s executive director.

SUNC’s management team, in addition to Eugene Kandel and Wendy Vocalist, consists of Person Hilton as the company’s general manager. Hilton is a veteran marketing executive at Israeli telecoms business Amdocs and is credited with having actually “changed” the company’s marketing organization. Amdocs was as soon as highly controversial in the United States after it was revealed by a 2001 Fox News examination that various federal companies had investigated the business, which then had agreements with the 25 biggest telephone business in the nation, for its alleged function in an aggressive espionage operation that targeted the U.S. federal government. Hilton operated at Microsoft prior to signing up with Amdocs.

Beyond the management group, SUNC’s board of directors consists of Paul Vocalist, Dan Senor and Terry Kassel– who work for Vocalist at his hedge fund, Elliott Management– and Raphael Ouzan. An officer in the elite foreign military intelligence unit of Israel, Unit 8200, Ouzan co-founded BillGuard the day after he left that system, which is often compared to the U.S. National Security Firm (NSA). Within five months of its founding, BillGuard was backed by funding from PayPal creator Peter Thiel and previous CEO of Google, Eric Schmidt. Ouzan is also linked to U.S. tech companies that have greatly expanded their Israeli branches because SUNC’s starting– such as Microsoft, Google, PayPal and Intel, all of which support Ouzan’s non-profit Israel Tech Obstacle.

According to reports from the time published in Haaretz and Bloomberg, SUNC was clearly founded to act as “a foreign ministry for Israel’s tech market” and “to strength Israel’s economy” while likewise intending to counter the BDS movement, in addition to the development of prohibited Jewish-only settlements in occupied Palestinian area.

Given that its founding, SUNC has looked for to transfer tech tasks from foreign companies to Israel by developing connections and influence with foreign governments and companies so that they “deepen their relationship with Israel’s tech market.” Although SUNC has actually since broadened to consist of other sectors of the Israeli “start-up” economy, its focus has long remained on Israel’s tech, specifically its cybersecurity industry. Foreign investment in this single Israeli industry has grown from $227 million in 2014 to $815 million in 2017.

In addition to its own activities, SUNC seems closely connected to a similar organization, sponsored by Coca-Cola and Daimler Mercedes-Benz, called The Bridge, which likewise looks for to connect Israeli start-up companies with large international corporations. SUNC, according to its site, was really responsible for Daimler Mercedes Benz’s choice to join The Bridge, thanks to a delegation from the business that SUNC hosted in Israel and the connections made throughout that see.

PARTNERING WITH ISRAEL’S SYSTEM 8200

Significantly, SUNC has deep ties to Israel’s military intelligence Unit 8200 and, true to Start-Up Country’s appreciation of IDF service as key to Israel’s success, has actually contributed in connecting Unit 8200 alumni with essential roles in foreign business, especially American tech business. Maty Zwaig, a former lieutenant colonel in System 8200, is SUNC’s current director of human capital programs, and SUNC’s present supervisor of strategic programs, Tamar Weiss, is likewise a previous member of the unit.

One particularly glaring connection in between SUNC and System 8200 is Inbal Arieli, who served as SUNC’s vice president of tactical partnerships from 2014 to 2017 and continues to function as a senior consultant to the company. A former lieutenant in Unit 8200, Arieli is the founder and head of the 8200 Entrepreneurship and Development Assistance Program (EISP), which was the very first start-up accelerator in Israel targeted at harnessing “the huge network and entrepreneurial DNA of [Unit] 8200 alumni” and is presently among the top company accelerators in Israel. Arieli was the magnate at 8200 EISP while working at SUNC.

Another crucial connection in between SUNC and Unit 8200 is SUNC’s promo of Team8, a company-creation platform whose CEO and co-founder is Nadav Zafrir, previous leader of Unit 8200. In addition to plainly including Team8 and Zafrir on the cybersecurity area of its website, SUNC also sponsored a talk by Zafrir and an Israeli federal government economist at the World Economic Forum, often referred to as “Davos,” that was gone to personally by Paul Vocalist.

Team8’s financiers include Google’s Eric Schmidt, Microsoft, and Walmart– and it just recently worked with former head of the NSA and U.S. Cyber Command, retired Admiral Mike Rogers. Team8 described the decision to employ Rogers as being “crucial in assisting plan” Team8’s expansion in the United States. Nevertheless, Jake Williams, a veteran of NSA’s Tailored Access Operations hacking unit, told CyberScoop:

“Rogers is not being brought into this role since of his technical experience … It’s purely because of his understanding of categorized operations and his ability to influence lots of in the U.S. federal government and private-sector professionals.”

In addition to connections to Unit 8200-linked groups like Team8 and 8200 EISP, SUNC also straight works together with the IDF in an effort focused on preparing young Israeli women to serve in System 8200. That initiative, called the CyberGirlz Club, is jointly funded by Israel’s Defense Ministry, SUNC and the Rashi Foundation, the philanthropic company established by the Leven family of Perrier-brand water, which has close ties to the Israeli government and IDF.

“Our aim is to bring the women to this process currently proficient, with the understanding needed to pass the exams for System 8200 and serve in the military as developers,” Zwaig told Israel National News.

SEEDING AMERICAN TECH

The connections in between SUNC and Unit 8200 are bothering for more than a few reasons, one being that Unit 8200, frequently compared to the NSA, carefully coordinates with Israel’s intelligence agency, the Mossad, and is accountable for 90 percent of the intelligence material obtained by the Israeli federal government, according to its previous commander Yair Cohen. “There isn’t a major operation, from the Mossad or any intelligence security agency, that 8200 is not associated with,” Cohen told Forbesin 2016. A company established by an American billionaire is thus actively promoting the existence of previous military intelligence officers in foreign companies, particularly American business, while likewise promoting the transfer of jobs and investment to that very same country.

Particularly troubling is the reality that because SUNC’s founding, the number of former Unit 8200 members in leading positions in American tech companies has actually increased. Based upon a non-exhaustive analysis conducted by MintPressof over 200 LinkedIn accounts of former Israeli military intelligence and intelligence officers in three significant tech business, various previous Unit 8200 alumni were found to currently hold top supervisory or executive positions in Microsoft, Google and Facebook.

The influence of Unit 8200 on these business highly likely goes much deeper than this non-exhaustive analysis revealed, considered that a number of these business obtained numerous Israeli start-ups staffed by Unit 8200 alumni who subsequently went on to found new companies and start-ups soon after acquisition. Due to the restrictions of LinkedIn’s set-up, MintPress was unable to access the complete list of System 8200 alumni at these 3 tech companies, suggesting that the mind-blowing numbers found were produced by a relatively small sample.

This dive in Unit 8200 members in top positions at tech business of worldwide significance is actually a policy long promoted by Netanyahu, whose veteran economic consultant is the chief executive at SUNC. Throughout an interview with Fox News in 2015, Netanyahu was asked by Fox News host Mark Levin if the large development seen in the last few years in Israel’s technology sector became part of Netanyahu’s strategy. “That’s quite my strategy,” Netanyahu responded. “It’s a very deliberate policy.” He later on included that “Israel had innovation because the military, especially military intelligence, produced a great deal of abilities. These extremely gifted boys and ladies who come out of the military or the Mossad, they want to begin their start-ups.”

Netanyahu even more detailed this policy at the 2019 Cybertech conference in Tel Aviv, where he specified that Israel’s emergence as one of the leading five “cyber powers” had actually “required enabling this combination of military intelligence, academia and market to converge in one place” and that this further needed allowing “our graduates of our military and intelligence units to merge into business with regional partners and foreign partners.” The direct tie-ins of SUNC to Netanyahu and the fact that Paul Vocalist has also been a long-time political donor and backer of Netanyahu recommend that SUNC is a crucial part of Netanyahu’s policy of putting previous military intelligence and intelligence operatives in strategic positions in significant technology companies.

Significantly, just as SUNC was established to counter the BDS motion, Netanyahu has actually asserted that this policy of guaranteeing Israel’s role as a “cyber power” is focused on increasing its diplomatic power and particularly weakening BDS along with the United Nations, which has actually consistently condemned Israel’s federal government for war crimes and infractions of worldwide law in relation to the Palestinians.

BUILDING THE BI-NATIONAL SURVEILLANCE STATE

To summarize, a powerful American billionaire has constructed a prominent company with deep connections to AIPAC, with an Israeli company that has actually been consistently examined for spying on the U.S. federal government (Amdocs), and with the elite Israeli military intelligence Unit 8200 that has actually utilized its prominent connections to the U.S. government and the personal sector to dramatically shift the operations and make-up of major companies in a critical sector of the American economy.

Further think about that U.S. government documents dripped by Edward Snowden have flagged Israel as a “leading hazard” to the infrastructure of U.S. monetary and banking organizations, which use much of the software produced by these top tech companies, and have likewise flagged Israel as a leading espionage threat. One U.S. government file mentioned Israel as the 3rd most aggressive intelligence service against the U.S. behind Russia and China. Hence, Paul Singer’s family pet project in Start-Up Nation Central has weakened not only the U.S. economy but perhaps national security too.

This concern is additional intensified by the deep ties linking top tech companies like Microsoft and Google to the U.S. armed force. Microsoft and Google are both key military specialists. Microsoft is set to win a lucrative contract for the Pentagon’s cloud management and has actually partnered with the Department of Defense to produce a “protected” election system referred to as ElectionGuard that is set to be implemented in some U.S. states for the 2020 general election.

Top U.S. tech business have filled executive positions with former members of Israeli military intelligence and moved strategic and vital operations to Israel, enhancing Israel’s economy at the expenditure of America’s. SUNC’s function in this marked shift merits the inmost scrutiny.

Whitney Webb is a MintPress Newsjournalist based in Chile. She has contributed to numerous independent media outlets including Global Research, EcoWatch,the Ron Paul Institute and 21st Century Wire,to name a few. She has made a number of radio and television appearances and is the 2019 winner of the Serena Shim Award for Uncompromised Integrity in Journalism. MintPress Newsis certified under an Imaginative Commons Attribution.

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Tech leads Wall Street greater as tariff hold-up stimulates rally – Reuters

New York City (Reuters) – U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on some Chinese imports brought purchasers back to the equities market in a broad-based rally.

Tech stocks, directed by Apple Inc (AAPL.O), led all three major U.S. indexes into the black following the announcement, which soothed worries over the U.S.-China trade war and growing signs of impending recession.

U.S. Trade Agent Robert Lighthizer said the United States would hold back on imposing additional 10% tariffs on crucial Chinese items, including laptops and cellphones, tariffs that were initially set to go into effect next month.

“It’s a stemming of the down momentum due to the fact that it does give some trade optimism,” stated Joseph Sroka, chief financial investment officer at NovaPoint in Atlanta. “We’re entering the tail end of revenues season, so geopolitical and macroeconomic news will control the marketplaces direction for the next couple of weeks.”

Apple, a most likely beneficiary of the tariff hold-up, increased 4.2% on Nasdaq, while the Philadelphia SE Semiconductor Index.SOX got 3.0%.

In financial news, U.S. consumer costs USCPFY=ECI accelerated in July, with core CPI, which strips out volatile food and energy costs, growing at 2.2% year-on-year, its largest gain in six months and well above the U.S. Federal Reserve’s 2% target.

The healthy inflation reading is not likely to change market expectations for another rates of interest cut from the Fed next month as it grapples with the U.S.-China trade war and its financial fallout.

“Trade issues could actually disrupt economic growth,” Sroka added. “And if the Fed cuts (interest) rates in September, it might be considered a safety web, to be proactive rather than waiting till it’s too late.”

The spread in between 2-year and 10-year U.S. Treasuries hit its flattest level in 12 years, reflecting stress and anxieties over trade and geopolitical chaos. Yields rose across the board on news of the tariff hold-up.

The Dow Jones Industrial Average.DJI increased 372.54 points, or 1.44%, to 26,279.91, the S&P 500. SPX acquired 42.48 points, or 1.47%, to 2,926.23 and the Nasdaq Composite.IXIC added 152.95 points, or 1.95%, to 8,016.36.

All of the 11 major sectors in the S&P 500 closed in the black, with technology.SPLRCT and consumer discretionary.SPLRCD seeing the most significant portion gains.

Toys and footwear were amongst the Chinese items momentarily spared from additional tariffs.

Nike Inc (NKE.N) rose 2.0%, while toymakers Hasbro Inc (HAS.O) and Mattel Inc (MAT.O) innovative 2.7% and 4.6%, respectively.

Facebook Inc (FB.O) pared gains following a Bloomberg report that the social media company had hired outside contractors to transcribe user audio clips, ending up 1.7%.

Shares of CBS Corp (CBS.N) and Viacom Inc (VIAB.O) gained 1.4% and 2.4%, respectively, after sources told Reuters the companies had reached an arrangement in principle concerning their upcoming merger.

The second-quarter incomes season has reached the last stretch, with 453 of the companies in the S&P 500 having actually published outcomes. Of those, 73.3% beat consensus estimates, according to Refinitiv information.

Experts see S&P 500 second-quarter incomes development of 2.9% year-on-year, a substantial improvement over the paltry 0.3% growth anticipated on July 1, per Refinitiv.

Advancing problems surpassed declining ones on the NYSE by a 2.46-to-1 ratio; on Nasdaq, a 2.30-to-1 ratio favored advancers.

The S&P 500 published 31 new 52-week highs and 18 new lows; the Nasdaq Composite recorded 60 brand-new highs and 128 brand-new lows.

Volume on U.S. exchanges was 7.95 billion shares, compared to the 7.34 billion-share average over the last 20 trading days.

Reporting by Stephen Culp; modifying by Jonathan Oatis

This content was originally published here.

As Big Tech Silences Christians, New Platform Offers People of Faith a Voice

PANAMA CITY, Fla.– When it concerns censorship, Christian influencers grumble they’re being squelched on social networks platforms at the very same rate as Nazis and White Supremacists.

Just take a look at these examples:

Pinterest blocked the pro-life group, “Live Action,” identifying its content adult.

YouTube has been accused of limiting Christian content by classifying it as homophobic.

Google just recently changed its criteria to prohibit the word “Christian” from being used as a keyword to increase ads on its platforms.

Facebook and twitter are regularly implicated of prohibiting or obstructing Christians for publishing content they say doesn’t fulfill their standards.

‘A Place For Individuals to Share the Gospel’

As huge tech appears set on silencing Christians, a new platform looks for to provide a voice.

“As those news notifies from all various platforms and their whistleblowers are coming out, we’re more devoted than ever to producing a location for individuals to share the gospel, consume the gospel, publish the gospel,” Bryan Delight, the co-founder of Gfaith, a brand-new Christian tech business, told CBN News.

Gfaith has a series of items prepared for individuals of faith.

“We today are launching a video service for pastors around the world and our objective, our single objective, which is our trademarked motto, is to link the kingdom and bring the gospel of Jesus Christ to people all over the world,” Joy stated.

He says his video service is different from anything else out there, particularly in the faith world.

“So our pastors around the globe are uploading their best preachings and content, Christian podcasters are doing the same … but those video material pieces are getting scattered throughout numerous countless various platforms and websites and our objective is to bring that under one roof,” Delight described.

Hollywood veteran David Heavener now produces Christian content using platforms like YouTube and Amazon to stream his programming. He has more than 80,000 YouTube customers.

“It’s all faith-based, it’s current events matches the book of Revelation. I handle demonic activity, I handle miracles, handle even relationships, however all this things is now funneling through the new world of social media,” Heavener informed CBN News.

That’s where things can get tricky.

Faith = Demonetization

“Probably about 40 percent of my videos are demonetized. I just launch about 50 percent of what I film due to the fact that I understand the other 50 will get demonetized. What it is, they call it ‘marketer hostile.’ They state that the advertisers do not wish to run includes because of the topics,” Heavener described.

He states while it’s hard to determine exactly what will be flagged, there is one recurring theme:

“Faith is the common thread that causes demonetization. You could take the same subject, nine times out of ten if you don’t blend faith with it, it probably won’t get demonetized,” Heavener stated.

Heavener understood Bryan Pleasure and his organisation partner were dealing with a brand-new tech platform. When he found out about Gfaith Video he understood his material belonged there.

“Jesus was uncensored … so the factor it is necessary to have a platform with no censorship is because you’re able to preach the gospel one hundred percent pure and you do not stress over being political correctness, you consider being spiritually proper,” Heavener said.

‘Cutting Edge’ Technology Sets Gfaith Apart

As material producers like Heavener start utilizing Gfaith Video, they have the ability to benefit from cutting edge innovation, like the platforms keyword or topic search. That’s an especially essential feature for growing an audience.

“What reaches a younger generation are clips of content that aren’t long. So if we wish to reach them where they are we wished to establish a technology to pull out significant gospel messages in 90-second to three-minute clips that we could pass around the world,” Happiness stated.

Now that Gfaith Video is live, Delight and his partner have a variety of brand-new items in the pipeline.

“It will not be your common app products or tech items, we’re going to be hearing feedback from individuals in ministry, in objectives, and individuals of youth ministry to discover out what do they require and we’re going to establish those products to share the gospel,” Pleasure told CBN News.

Heavener states he believes platforms like Gfaith are the future and motivates those who have been censored by huge tech to do what they have to do to keep sharing.

“God’s provided you a story. You require to inform that story and not stress over who you’re going to offend, don’t fret about who you’re going to try and bring in, God will do all that, he remains in that organisation. You have actually got to be sincere to your story and you’ve got to put your heart out and do whatever you can to tell that story,” stated Heavener.

This content was originally published here.

Samsung is hiding its advertisements that made fun of Apple’s removal of headphone jack

Samsung advert Ingenius: Speed screenshot - Galaxy S9 vs iPhone X Samsung Prominent Samsung ads that criticized Apple iPhones are no longer on Samsung’s U.S. YouTube channel. The ads satirized Apple’s decisions to remove the earphone

  • jack and utilize screen notches, to name a few things that the Galaxy Note 10 now does.

  • Thankfully, the ads are still offered to enjoy through third-party uploaders. The other day, Samsung made the Samsung Galaxy Note 10 and Note 10 Plus authorities. The release of the two new flagships is bittersweet for lots of Keep in mind fans, however, since neither gadget includes a headphone jack. It appears Samsung wishes to gloss over this truth by not only declining to discuss it at all throughout the other day’s launch event however by likewise trying to conceal its previous advertisements.

    The company’s decision to remove the much-beloved mobile phone port isn’t too surprising thinking about numerous other OEMs– including Huawei, OnePlus, Google, and certainly Apple– have already done so. However, Samsung was the longest holdout and also the most vocal critic of those other OEMs and their choice to ditch the port, specifically when it pertains to Apple.

    Over the past few years, there have actually been multiple prominent Samsung advertisements that heavily criticized Apple’s iPhone style constraints, specifically towards the removal of the headphone jack and the notched display screen on the iPhone X and XS. These advertisements are no longer on Samsung’s main United States YouTube channel and appear to be erased from other official sources too.



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    Samsung Eliminates Ad Mocking iPhone’s Lack of Earphone Jack After Doing The Same With Galaxy Note 10

    Samsung has actually spent years releasing ads that mock Apple’s choice to remove the 3.5 mm earphone jack from the iPhone, a move that began with the iPhone 7 in 2016. Now that Samsung has actually eliminated the earphone jack from the Galaxy A8 and Galaxy Note 10, the business has actually silently deleted these buffooning ads from some of its YouTube channels.

    From Samsung’s advertisement “Growing Up”As discovered by, the business “Growing Up”has now been eliminated from the primary Samsung YouTube channel and the Samsung Mobile USA channel. The advertisement was released by Samsung in November 2017 as push back versus the iPhone X and to promote the Galaxy Note 8, and comparable anti-dongle ads launched in 2018 have likewise disappeared this year. This can be seen in the dead links on our article for the “Innovative” advertisements from July 2018.

    The original “Growing Up” ad is still available on the Samsung Malaysia channel, nevertheless, and can be seen below. The advertisement depicts the life of a young man who lastly decides to switch from Apple to Samsung, with among the bottom lines of contention being the absence of a 3.5 mm headphone jack.



    Samsung has traditionally used a buffooning method when it comes to promoting its own products, taking to pointing out the downsides of its competitors in an effort to sell Galaxy smart devices. The business has also teased iPhones for their speed, Apple’s Genius Bar, the Apple Pencil, and much more.

    Samsung just revealed the Note 10 and Note 10+ yesterday, consisting of an AMOLED Cinematic Infinity Display (the Galaxy Note 10+ includes the biggest display yet in a Note device). The Cinematic Infinity Displays are almost bezel free and consist of a little chin at the bottom and a single hole punch camera cutout. There is also an ultrasonic finger print sensor, face recognition, and– obviously– no headphone jack.

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