Feb 10th

Zillow Challenged On Accuracy of “Zestimates”

By Betty

Zillow Challenged On Accuracy of “Zestimates”

 

The CBS morning talk show, “CBS This Morning,”  addressed a major real estate issue last week when they invited Zillow CEO Spencer Rascoff to discuss the company's controversial “Zestimates”, or automated value estimates for homes.  With more than 73 million visitors in December alone, Zillow is easily the world's most popular real estate information website.  In addition to active listings of properties currently on the market, the site also provides information about homes not for sale.  This information often includes square footage, number of bedrooms and bathrooms, photos, property tax information and so-called “Zestimates”.  

Feb 10th

California Opens Solar Plant That Can Power 160,000 Homes

By Ronnie

California Opens Solar Plant That Can Power 160,000 Homes

 

California Governor Jerry Brown was beaming Monday as one of the world's largest solar power plants opened in the Southern California desert. Located in Riverside County, about 170 miles east of Los Angeles, the Desert Sunlight Solar Farm was operating at full capacity and pumping 550 megawatts of juice into the grid. Officials say that's enough electricity to power 160,000 homes. The solar plant is just the first step in Brown's ambitious plan, announced several weeks ago, for 50 percent of the state's power to come from renewable sources by the year 2030. Officials also noted that the Desert Sunlight Solar Farm will prevent the release of 300,000 tons of carbon dioxide per year, likening it to taking some 60,000 cars off the road.

Feb 10th

Apple Becomes World's 1st $700 Billion Company

By Mike Goldman

 

Apple Becomes World's 1st $700 Billion Company

 

The world's largest private company surpassed a new milestone Tuesday when Apple became the first company in world history to achieve a market capitalization of over $700 billion.  The Cupertino-based tech giant was already riding a wave of stock gains after reporting its highest quarterly earnings ever in January, then got another boost last week in the form of a very successful bond sale.  The development that took the company over the $700 billion hump came Tuesday, meanwhile, when the company announced a partnership with First Solar to build an $848 million solar power plant on 1,300 acres in Monterey County, California.  When completed, the massive solar plant will power Apple's headquarters in Cupertino, a data center in Newark, California, 52 stores across the Golden State and all the company's California-based offices.

Jan 30th

Google Shares Plummet in After-Market Trading on Earnings Miss

By Frank Galvano
Google Shares Plummet in After-Market Trading on Earnings Miss
 
Google shares plunged in after-hours trading as investors absorbed the tech giant's disappointing fourth-quarter earnings report.  The shares, which closed Wednesday's session at a value of $512.86 per share, fell as low as $503.66 per share during Thursday's session, then continued dropping after the market closed, bottoming out at just under $491 per share.  At that point, Google's stock price had fallen nearly 20 percent since February 26th, 2014, when the stock reached a record value of $610.70 per share.  Over the same time frame, the S&P 500 has gained just under 9 percent and the Nasdaq has climbed almost 10 percent, all while Google's biggest rival Facebook also gained 10 percent.
Jan 20th

NBC to Stream Super Bowl Live

By Dave Simmons
superbowl-xlix_logo.jpg


NBC to Stream Super Bowl Live
 
NBC Universal announced on Tuesday it will offer eleven hours of streaming video for free on Superbowl Sunday, including the big game.  According to a press release, coverage will include pre-game, the halftime show and even an episode of “The Blacklist” after the game.  The free coverage will be accessible on PCs and tablets, but not on smartphones, because the NFL has an agreement in place with Verizon Wireless for exclusive access to streaming video of NFL games.  The free content will be available on NBC.com or via the NBC Sports Live Extra app for tablets, and there will also be links to the live stream posted on SuperBowl.com and NFL.com.  The broadcast will begin at noon eastern time on Superbowl Sunday, February 1st, and run until 10 PM.
Jan 16th

Hackers Seize NY Post Twitter Feed, Report Chinese Attack on US

By Kelly Curtis
Hackers Seize NY Post Twitter Feed, Report Chinese Attack on US
 
Cyber criminals hacked into the Twiiter account for the New York Post on Friday, posting bogus reports about a Chinese attack on a US warship and a Fed plan to set interest rates to negative.  All the tweets were deleted within a few minutes of being posted, and the hackers appeared to have been locked out of the account.  Twitter officials declined to comment, saying it does not comment on individual accounts over privacy and security concerns.
Jan 16th

Alice In Chains to Perform at Halftime of NFC Championship

By dallaseste
alice-in-chains_bandpic.jpg


Alice In Chains to Perform at Halftime of NFC Championship

The NFL's Seattle Seahawks announced Friday that Alice In Chains will perform at halftime of Sunday's NFC Championship game between the Seahawks and the Green Bay Packers. The team also announced that the National Anthem will be performed by 2005 American Idol runner-up Katherine McPhee, who currently stars in the CBS dramatic series Scorpion. 
Jan 16th

Ex-Googler Predicts Engineer Exodus After Bonuses

By Kelly Curtis
Ex-Googler Predicts Engineer Exodus After Bonuses
 
A former Google employee posted a Tweet late Thursday indicating that “tons of engineers” would be moving on from the tech giant now that holiday bonuses have been handed out.  The tweet came from current Beeswax CEO Ari Paparo, a former Googler who left the tech giant to form his own start-up several years ago.  Of course, workers leaving larger firms for startups is nothing new, as each year typically brings a certain amount of just such an exodus.  And Google does see this type of employee departures each year, but a variety of factors have Paparo, and others, expecting this year's employee loss at Google to be much larger than that in recent years.
 
Jan 16th

Scientists Say 2014 Was Hottest Year Ever

By Betty
globalwarming.jpg

Scientists Say 2014 Was Hottest Year Ever
 
2014 was the warmest year ever, according to a report issued this week by the National Oceanic and Atmospheric Administration.  The study also shows that the 10 warmest years since 1880 have occurred since 1998.  The news is likely to provide additional pressure to world leaders to take action to cut back on greenhouse gas emissions, widely believed responsible for the bulk of the warming.  According to the study, temperature records were achieved around the world in 2014, compounding on a trend that has been accelerating for several decades.  Since 1880, the average temperature on Earth has increased by about 1.4 degrees Fahrenheit, with the majority of that warmup coming in the last three decades.
Jan 16th

Long-lost Mars Lander Found

By Ronnie
Long-lost Mars Lander Found
 
European Space Agency officials announced on Friday that the British-built Beagle 2 Mars lander had been found more than a decade after it was presumed lost.  According to the report, scientists made the discovery after examining hundreds of photographs taken by a high resolution camera on NASA's Mars Reconnaissance Orbiter.  The fate of the Beagle 2 lander had been unknown since Christmas Day, 2003, when it was supposed to land on our red cosmic neighbor and begin transmitting data back to Earth.  Scientists had assumed the craft had been destroyed either on approach to Mars or while attempting to land, because it never started transmitting.  According to the photographs, the lander did make it to the Mars surface, but never fully deployed or started sending comunications.  The news came as something of a relief to scientists that worked on the Beagle 2, ending eleven years of wondering what had happened to the spacecraft.

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