The following is a presentation of TFNN The power trading hour with your host David White Call now toll free at 1-877-927-6648 or internationally at<PHONE_NUMBER> now David White and welcome another excellent edition of the power trading hour it doesn't matter where you're at as long as I'm here and it's this time it takes place between 2 p.m. and 3 p.m. hopefully you ever that came through and didn't sound right let's take a look here okay so what do we have going on today well we're up 75 points on the s&p cash and it is one of those things you know you just have to say they continue to drumbeat in the media to scare everybody to death and five minutes later it's like what happened and did anything happen and everybody just ignores it but you know this is kind of where we were looking at on Friday before all the drumbeat really started I didn't why I wasn't very surprised to see us right back here pretty much everybody I know is just going along with their life no matter how bad the news tries to make the end of the world apocalyptic Christmas time seeing and you know for the most part everybody's pretty happy but they're doing that at the expense of turning off any kind of news whatsoever so you know can you get the people that are really focused on this to to flip over fairly quickly you can but I wasn't expecting it last very long the news actually other than the drumbeat from the media was actually fairly good medium and long term in the market not spending four or five trillion dollars is going to make a huge difference to the economy the government really doesn't multiply that cash anywhere they spend it kind of just goes into a black hole when an economy gets it it's not always spent the right way but you'll get a few companies like Microsoft that'll end up with a hundred thousand employees and those people will start companies of their own and so on and so on so you got to kind of look at I think the bigger picture I thought a lot of people probably after they calmed down after yesterday probably thought the same thing and that is that there isn't a whole lot you can do about it one way or the other it's good or bad or exaggerated just very interesting to see maybe it's sea change about leadership on that whole front and I don't I think it's been probably six months since I had CNBC on for anything other than the five minutes after FOMC meeting and I just had it on this morning it was kind of interesting to see Kramer saying it's time to give a lot of these guys that are running the COVID show the boot many other people probably are many other people on the same show we're kind of agreeing so I think we've you know it at any point you you get to the level where it just you're pushing on a string good bad or indifferent for us in the on the markets it's about higher and lower and you know what government's not sucking up all the money is always a higher for the market and yes like I said I just the whole weekend drum beat this seemed to be hyperbole to at least a certain part so yeah that's what I am I'm talking about the markets and that does have and the news does have an effect for a very short amount of time and then we go back to the rest so I'm not I'm not thinking that there's a whole lot left in the tank for that I think it's all about the economy I got some emails are ready today okay I got a whole bunch of emails let me see if I can go through them real quick here okay stuff I can't say 2 p.m drop today no polar uh polar pullback yeah I don't think so okay anyway as we look at this uh the first question comes in is on uh Micron uh Dave I saw you talking or I saw you talking about uh Micron on Friday saying that it would be one of the few companies that you held through uh earnings and uh kind of asking why I think I said it back then and that is one um they're the last company that are going to go up uh belly up uh out here and two they're the ball bearing company um but you know this thing really looked for a long time like it was headed higher uh back in the 70s I missed it should have held on a little bit longer I know a couple of subscribers to the tech insider did uh but yeah um probably stumbles up to 100 I think now after this gap uh maybe problematic but you know you got everybody from Nvidia to AMD buying this video memory it's great margins for them a lot of the new stuff coming out uh one of the reasons I put in the tech insider that I thought Micron would do well is uh the new ddr uh five memory for pcs and you know that's a whole business uh at the very beginning they make a ton of money on that stuff so it it's just very tough for me to see any reason why at least Micron is going to have a hard time as long as people keep buying video cards uh and computers uh their business is going to be good and as uh they said which is probably a reason that they bounce so much today is that the supply problem is actually getting better which is something uh we've been talking about on the show and in the newsletters uh and that is that they had said um both Micron and AMD uh and in fact AMAD and the last report uh earnings report did talk about how things are getting better in the supply line the big risk out here of course is going to be china and what they do with taiwan uh but uh during the two or three weeks where there's not a new moon and I'm assuming that china will do what everybody else does which is invade on a new moon uh I think I think uh you can probably just be long the equities for a little while and more than likely I'll probably switch to uh options uh for riskier times we'll be back in a minute are you grinding in the market but seeing little to no return or are you a successful trader simply looking to make your job a little easier learn to take the path of leased resistance with david white's powerful trading newsletter david white is an accomplished trader whose deep understanding of technology and the markets allows him to consistently find and share winning trades support and resistance define the ranges in which stocks trade by understanding these trading ranges david white is able to find a path of leased resistance david white's trading newsletter the path of leased resistance is delivered daily before the markets open to make every trading day an easy win visit tfnn.com today and subscribe to david white's ultimate trading newsletter for $119 a month and try all of our newsletters risk-free with our 30-day money back guarantee take the path of leased resistance at tfnn educating investors what's separating you from the most successful men and women on wall street that's right information having all the information gives us the perspective we need to place the right trades at the right time the task profile scanner is the premier market profile based scanner powered by its acclaimed task proprietary algorithms this feature rich scanner instantly filters over 2,500 plus global financial markets such as stocks ETFs commodities futures and forex this powerful suite of tools leverages instant trade filtering and strategy formulation to show you emerging trades before they happen for a limited time you can save $100 off your first month by using the promo code upgrade and you still get a 30-day money back guarantee so you have nothing to risk level the playing field with the task profile scanner which you can find under the services tab at tfnn.com sign up today sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at tfnn you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either tfnn airs live financial content streamed live on tfnn.com and tfnn's youtube channel with tiger tv live every market day from 8 30 a.m. to 4 p.m. eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds tiger tv has eight different shows with expert hosts to help you make the right moves with your money watch online at tfnn.com or on tfnn's youtube channel and become the investor you were born to be tfnn educating investors call now toll free at 1-877-927-6648 internationally at<PHONE_NUMBER> I a little talk at the end about what would happen to slow down in the economy nvidia would only sell twice what they have if they could actually make it the there is one big fear that would hit nvidia amd and micron all together and that would be a crash of the cryptocurrencies because just like before when the crash happened there was a flood of video cards that hit the market but right now it's about I don't know $10,000 worth of electricity and video cards and stuff and then mortization to get 40 grand if you're lucky enough to get a bitcoin or 45 or whatever it is today so for me it is very tough to think that it drops below the cost of production anytime soon you know if you can spend 10 grand and get 40 it's probably better than trading there's a little more to it but there are a ton of folks those guys have been paying up for those video cards a card that should sell for 700 bucks sells for 1400 bucks and everybody all along the line from people that work at new egg or best buy will buy one at retail and flip it for double and from what I hear both the people at new egg and some people that have some swing at best buy locations have been buying new cars beyond the the level of what you would think so the whole gray market black market part is out there but it is tough to see a market where there just wasn't any appetite to buy the video cards that is an excess of at least twice every time the best buy around here gets any video cards that they're going to sell at retail a lot of companies like new eggs shove them in PCs that are horrible and make you buy that with the video card so they're actually making another three or 400 bucks because that PC would probably be unsellable any other way so people just buy it to get the video card so I have a feeling people really just don't understand or believe just how tough it is to get a video card for a PC it's easier to get PC stuff still tough but doable next to impossible anyway when the last couple of times that the local best buy there were a hundred people for five video cards that tells you just a little bit about how tough they're get to get anyway<PHONE_NUMBER> yeah I was gone yesterday I had the electrician here for I don't know five hours in another touch of irony the system that I have that standby power supply broke and that's what caused the problem and so I didn't have any ability to run my computers most of yesterday but I got everything back online now today will be my last day of the year I'll be back the 5th of January newsletters will continue I think there's going to be some fairly decent action I think today is the first part of that the second part will be a lot of people that have gotten short the last couple of days are going to sit on their hands thinking the market falls back over I think all it does is squeeze them into January 1st and I have bought a trade or I'm in a trade from this morning five six percent up today that I think will continue on I don't want to be anything probably on the first day of the year a lot of people are thinking there's going to be a lot of selling into that part but tough to say I don't think that higher taxes are on the way I think all that stuff is probably on hold until the elections now so I don't know again the the big problem that we don't know like looking at a still lake is just how much left is there to sell for the insurance companies to pay for the big tornadoes and destructions over the last week that's part of it the other thing is when we look at the TLT what is that telling us right now it's telling us they've been back to selling bonds and buying stocks we are back at support volume is really kind of pulled back down but this area 14650 has pretty much been the level that you want to put a mark on because below that the market has sold off at this level the market's kind of like in it but we shall see question first email of the day is looking at gld again he had a nice pop a lot of that was on the thought that we were going to have a lot worse inflation than we had already I think we put a pin in that again for this year but it's going to take a couple of things most of the inflation at least in my opinion is based on a very tough energy policy that flows into literally everything we buy sell or think about buying or selling or using or doing that probably doesn't go away very easily and at least gas prices probably going to hold up for a while in fact most of the stocks that I saw on my scans last night including some of the Gartley patterns were about that I can't remember which ones they were right now we'll pull them up PBF energy there were some other ones they just didn't look as good as these but there were some others PBF energy nice move off that one this morning MTN what was this fail resorts nice pop in that Gartley pattern IXC nice one on that one too these were all nice but this was the IXC global energy ETF there were some other ones that didn't look quite as good these were structured a little bit better but certainly you got the first bounce you right into resistance and in fact as we look resistance does come in today right at about 4650 on the S&P cash and so I think that there's a great deal of resistance for the indexes above but like I said I think a lot of the stocks that have been shorted heavily Nvidia AMD Apple which we haven't looked at quite yet also problematic let's look at some of these other Gartley patterns out here today they all seem to work very well Carter's CRI AVNT Avnet and ARR sealed there American industrial I know another good one they all seem to work well today we'll be back in a minute having fun trading the markets but having trouble finding like-minded individuals to discuss your trading and investment ideas become an apex predator in the trading markets and join the tiger's den trading room only at tfnn.com the tiger's den is an exclusive trading room where successful traders from around the world come to exchange trades and ideas join the den and surround yourself with these sharpest minds in the trading world subscribers to the tiger's den are also the first to have their questions answered live on air and can privately chat with our tfnn hosts live during their shows interact with other tigers and tigers is as they share trading ideas news analysis and discuss the market action all trading day subscribe to the tiger's den risk-free with our 30-day money back guarantee and become part of the tfnn trading community tfnn educating investors you could be making money off the stock market 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information just click the think or swim banner on the front page of tfnn.com as we return we've got a question to look at gdxj and you know i don't think that there's a lot more in the way of the of the downside in a lot of these but uh yeah probably the action is going to have to be at the very beginning of the year unless something you know really comes out of the woodwork that we aren't expecting i don't see a lot going on in that i'm looking for stocks that have super high short interest that people are shorting on a daily basis and those are probably going to go up into the first of the year although i'll probably be out of them i'm not going to wait for the last 10 or 15 percent of the trade i'll be out fairly easily um xle from jake and see yeah i mean you just went down retested the gap higher gap higher at 40 million shares you would have liked to see friday i mean yeah you would have liked to see now monday have a little lighter volume it was lighter 36 million shares but i think there was a lot going on there and the bounce today not enough energy uh you're probably going to go out and consolidate a little bit but my guess is that's going to be another big year for energy trades going on but you may need some consolidation into the first of the year another question about workday wda y and you got through resistance this is really what i like i'll have to look at the short interest tonight but um yeah i wouldn't be surprised this goes back up to about 290 over the next week or so that's actually fairly nice looking uh okay we haven't talked about uranium in a little while a question about ccj you know you did test yesterday uh the 11 million share low on september 24th that at 19 dollars 19 at 91 cents um you bounce back up and above the uh the resistance level um which is this uh level on the way down um probably a nice setup but you're in a trading range that probably goes to 26 to 28 bucks now but again a lot of this stuff may be just quiet until the first of the year uh question is are any chance that uh sp ce doesn't go bankrupt in your opinion and yeah um sp did i put it in there there we go um well i would have said amc was going bankrupt uh but uh you know weird things can happen i don't see anything other than that and that is uh everybody running the shorts out here and then selling more shares into it for them but no this is a company really doesn't have any business uh kind of like game stop a little bit like amc there's just not a real core business that can survive underneath it at least in my opinion uh if it does it's vastly smaller uh than what's out there today but even musk is going to have a problem with space x probably the only uh silver lining on a black cloud for virgin galactic is if uh he gets in trouble with the way that the bookkeeping is uh on both tesla and on space x in fact let's take a look at tesla um you never you didn't get back over today um this is kind of the original blow-off top double repo pattern you didn't get as much as you'd like on these big down days but it did accumulate um yeah you could probably bounce back up to a thousand and then we probably be looking uh at that long-term level that we were talking about which comes down just under 600 bucks um but uh a lot of these people were just nutty when they were yelling and screaming at the 1200 uh dollar highs um it doesn't take long to come back to earth give me call<PHONE_NUMBER> uh crm really didn't do anything this year uh says uh paul the 252 35 right now um he had you bounce you came back with a lot more energy than you did um not going out of business but uh it continues to be problematic for even companies as big as sales force uh to go up against uh companies uh like microsoft uh google and amazon for web services and uh no i don't think it gets any better than this maybe they hang around for a while but he needed to make a vastly uh um a larger uh change in the company for my opinion to to change and i just don't see it uh even the last earnings that big candle down kind of tells it a great deal uh to to to what else do we have out here uh look at you in g on my comments on energy um yeah i risk reward i don't think it's any better you're still holding above the three by three uh you tested the previous low of almost 14 million shares on december 6 on december 17th with less than half the volume so yeah i don't know if the weather's coming in uh poorly i haven't watched uh but uh yeah i think if you're looking for things that maybe get you out of the volatility of the regular market if you're still worried about it um this is not a bad looking chart i don't know if you get a lot in the next week but my guess is when everybody comes back they're going to look at this as a safe haven play for next year uh to to to okay btu okay davie will you comment on the 3d printing companies uh all supply chain issues for my understanding still um don't know if it's getting that much better uh the motors the stepper motors a lot of the industrial kind of products that go along with these continue to be a problem of getting them in china from china um you know you had some nice boots but they're like 50 percent swings stratuses dgp but uh yeah i think they do okay but it's all about supply chain for them and uh all their stuff sitting on docks back in them are you in the market for buying or selling real estate in the bay area including the surrounding st petersburg tampa and clear water markets tiger real estate llc is a firm that has extensive experience in the tampa bay area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property tiger realty has the experience across all areas of real estate in the tampa bay area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash 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at tfnn.com for only $37 and 50 cents sign up for david's newsletter the technology insider and get an inside look at everything the technology sector has to offer try it risk-free today with our 30-day money back guarantee tfnn educating investors are china a shares hot or not if you trade china a shares now may be time to take a closer look trade chau or chad directions daily csi 300 china a share bull and bear etf's china a shares in either direction visit direction investments calm today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at<PHONE_NUMBER> the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principle the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services llc don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv and we're back got a question about the planet here it finally well didn't quite test 1706 you might still get that but man you gotta like the low volume out here 200 million back on a may 11th 44 million on the 17th you're just kind of going sideways out here again a lot of these stocks that have been on a downturn and back to springtime lows it may not do a whole lot before the beginning of the year but if you add the only thing I dislike is a little bit heavier volume those big kind of days that kind of get you up there about 23 24 and a half up to 25 where the everybody it came back down but you know good business but you're not going to hear a lot about it one of the problems I always have is this is kind of a good stock to sit in if you're not wanting to get news one way or the other if you get news it's probably good or if it's bad news it's probably earnings day I don't think they're going to say a lot but this is a black box company kind of like Hamilton booze or booze Hamilton booze Hamilton and that's it so yeah I like it there's just a lot of these stocks if they don't have a lot of short interest probably just kind of auger around to the beginning of the year I don't see a lot of risk in them but yeah up five percent on the day back up above the three by three we're things have happened but I'm thinking that it's probably got a little while to go but there's a lot of stocks that are set up like this that if you're going to buy I think they may a lot of sense not to buy right now although they're not bad they just make a lot of sense in the first second a couple of days of the year as we will probably see a lot of sector rotation and that is out of the stocks that had done well last year and into the stocks that are going to do well next year so we want to keep our ear to the ground and really look very closely but on a volume basis I like to chart dislike the energy on the way down that generally says that you're going to have a little bit longer guns more consolidation than you did on the way back higher um okay uh alcoa well you know I would have said that this is probably a stock that would have gone lower today and yesterday but uh yeah back up to previous highs volumes not all that bad uh lunar is always a good business I don't know if it's going to break out before the end of the year I see absolutely nothing that says you want to sell it certainly there's no risk to reward here to buy it at these levels but looks good freeport mac moran a little bit more ambiguous you're up on fairly light volume this one's a little bit more problematic at least to me up back into a 18 million share high that was on let me see here December 7th the day that will live in infamy 18 million shares 8.7 million shares you about halfway into that now so let's say you end up with 10 million shares or 11 million shares it's telling you that there's probably some fairly decent resistance although I think that these companies will probably do a little better next year than they probably would already as people kind of look for stocks that maybe are a little less instantly volatile than some of the bigger stocks a question about apple yeah I think this one is one that probably just continues to melt up into the end of the year sales I guess have been fairly good the questions are in the bad days have been at least according to apple on news that probably isn't true apple could be lying but and I don't think they are I would say the preponderance of the way was shoddy journalism anyway huge down day you got a day up but not a lot of volume out here today but my guess is that they do have a very good quarter it's the next quarter that I think is problematic so I'm not expecting them to whiff or do something bad they continue to sell those earbuds at an amazing rate and those things are like printing money they're almost like software so I continue to think that apple you can say that it's overpriced or other stuff like that but it's hard to think that it's going to be a surprise in earnings that blows these guys up I think they're going to do okay I'm trying to remember when their next earnings call is but I do not remember anyway thanks for the email me me me excuse me to to to yes I am I am tired what else do we have out here here got Tesla question about the SMH is this all about micron or is there anything else going on here like I said it's tough to get bad words out of Taiwan and that's really ground ground zero for semiconductors even though the adjunct slightly northwest in Seoul Korea is the second one but you know overall it you know the SMH is a fairly large index and there are a lot of haves and have nots and I think that's the biggest problem with it you went right up to resistance you don't have a lot of volume I think the rest of the companies are much more likely to see movement but it's going to be a tale of two cities and I've said it for the last year and that is if you're making stuff for automakers not going to do you any good if you're making high margin products like AMD and Nvidia and Apple the world's your oyster and there's probably about 20% of the markets that's invested in selling those high margin things there's about 80% that are always getting beat up because they've got a product that's identical to somebody else they've got a chip or a camera and there's not really that much difference so there's a lot of price pressure but that 20% in AMD and video to the lesser extent Microsoft some of the other manufacturers if you got a hot product you can you know you can make 60 70% margins and in the case of Apple maybe 150 percent or 200 percent margins depending on who you listen to for the earbuds so I am not really bearish going into the first year in that the wheels fall off the wagon so much as we have some fairly large sector rotation from the have and have nots in technology will be back like a bad rash for the last segment of the year sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at TFNN you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8 30 a.m. to 4 p.m. Eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help you make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be TFNN educating investors you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by Basil Chapman and your inbox every day first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN.com educating investors are you looking for a secured investment which pays you on a monthly basis the target first mortgage program may be the program for you the best rate on a five-year cd in the country right now according to bankrate.com is paying 1 per year or $1,000 per 100,000 invested the target first mortgage program pays 7 per year paid monthly on secured high value billable properties in st. 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Petersburg Florida your investment can be anywhere from 100,000 to 500,000 you want to make 1,000 per year on 100,000 invested or 7,000 per year on a secured target first mortgage the target first mortgage program may be just the program for you the target first mortgage program pays 7 per year paid monthly for more information you can call<PHONE_NUMBER><PHONE_NUMBER> catch Tom O'Brien professional trader and educator founder of TFNN also a special guest on CNBC Tom will bisect and dissect the markets the Tom O'Brien show next on TFNN as we come back to the last segment of the year up 75 on the S&P cash 530 on the Dow Nasdaq up 340 the Russell up 56 crude up $2 and 60 cents gold down six bucks silver up 24 cents 10-year bond up six cents almost seven cents so we've got tiger dollars you can buy them today I have been working on something for several years uh hopefully I'll have that all done when I return the 5th of January but I think I think you probably want to be doing that because I'm going to have a lot more for you in the coming year if I can get it all done in the next two weeks I'll have a lot more time to actually implement what I've been working on but I think it's going to be some of the best work I've ever done and some of the best trades probably going to come out of it but we've had a couple of good ones here yeah had a nice we got a good one this morning they had a hundred percent gainer in the options last week or a week before last yeah so we've had some good trades even with some really volatile markets but my guess is they're going to settle down a little bit we're going to get back to what we're doing and I've got some tools and some new software that's going to help us all out a great deal more anyway just think about that I don't know what you're going to do tonight but you're going to wash your hands and feel the water's cold or maybe it's hot and you're going to flip a light switch on and you're going to know it's time to sit down and buy some tiger dollars and subscribe to either the path of least resistance the tech insider or the art of timing the trade charts so you can get those guardleys and other things literally all the good stuff anyway you all have a great and wonderful new year see you and when I return like uh the car so when you can not when you have to good bye


Hello again from Wisp America 2017 in the Cook Convention Center in Memphis, Tennessee I'm Tossos with our fellow men's and today I have with me John from Omega one communications John Thanks for stopping by. Hey, it's pleasure. Great.  Okay using our products. Yeah, well We've been in the business for probably about 12 years. We started out with canopy And back then, you know, I had timing and everything so you were able to put up a clustered AP sets on towers and You didn't really you could use frequency reuse, you know a BCD configurations Then we moved away from that and we kind of ripped everything out root branch And now we're we're using pure ubiquity wireless Some of the issues we're running into is Colocational interference. It's like a major issue with us We have some competitors that aren't really as savvy with wireless as we would like for them to be So we've decided to implement the horns In the areas where we have a density of coverage, you know a lot of clients that you need to cover And then we're co-locating with Ubiquity with Cambium products So and the Cambium products have a tendency to want to interfere real bad with the airmax. Yeah, and so we've been putting the horns up and We've had some really really positive results The noise floor drops To be honest with you even the competitor systems are running better now now that we've started to implement our horns They're more directional. They're more focused and we can get a higher sub count With with the cleaner modulation schemes that you get out of the radio So how many how many customers per AP are you getting on average now? I mean you still have that kind of 30 to 40 is or well We we just started to pull the airmax M series down and replace it with the AC so Yeah, we're using the AC air prisms. I deployed a couple of gen twos the other day using the horns the The the ability I'll tell you you can almost use a back-to-back configuration with these that's how quiet it really is You know and then everybody else that on on our previous M gear moving to the horns with the AC You're seeing MCS 15 all the time Yeah, every time yeah, it's consistent the modulation scheme stay up there And it doesn't matter how much the Cambium's talking over it. It doesn't even see it Yeah, and you can see them pretty well pronounced through air view, you know the Cambium's that we're running up against and With the horns we're able to why you're up there You can kind of maneuver the ones around to focus them like I'd tune and tweak Right, you know you want to have somebody up there and somebody on the ground when you're doing this because they're new You know so it takes a little bit. We love the the mount the mount is amazing You can you can really easily move it around in just about any position you want I was telling Thomas earlier. We were shooting side-by-side With a sector and getting pounded We're able to remove that sector put up four horns and Now the two horns that are at sector level are facing away from the sector We have one above their sector and then one below their sector and those two shooting through that other sector Which is just a bare sector doesn't have any shielding or anything on it. They don't even see it No, it's not even visible even through the air view. So that's a it's a real compliment to the noise rejection with the horn Awesome, awesome. Well, thanks. I appreciate you stopping by and sharing your experience with the users out there as well Yeah, good seeing you. It's good to see you guys. Thanks


Frontier just dropped this month's much anticipated developer update and a video detailing some of the new features coming to surface conflict zones in update 7 as well as some more details of incoming fixes and new future features currently in development for Odyssey. In this video we're breaking down everything we now know. To make sure you don't miss any of our videos hit like and subscribe, remember to click the bell icon and select all notifications and to help directly support this channel you can also join our Patreon via the link in the video description. So the monthly developer update is here and it's a doozy. The report starts by closing off some of the issues that were listed in the recently published issue report. I won't go through each one of those individually but you'll find links below to the dev update itself and also Tuesday's live stream archive from Frontier where they themselves went through each individual issue listed on there. There are a couple of standout entries on there that I'd like to point out for this video though. The top item listed on the update is lighting and illumination. Frontier have stated that after updates they've made recently to specific areas like ship cockpits, game object materials, starlight and station interiors they are deploying further changes with update 7 to areas like fleet carriers and station exteriors and then closing off the lighting bug report in lieu of further more specific feedback. Frames per second is still a hot topic for many and Fdev have acknowledged that saying that more optimizations are being deployed with update 7, they have also stated on the dev update that what they're calling more substantial optimizations will be included in update 8. The company is also saying that they have identified a cause for the ever persistent invincible thargoid heart bug that has plagued anti-zeno instances since time immemorial. You've heard from Fdev before that they thought they'd squashed the big bug bug but they are expressing a renewed confidence this time that they've finally found the issue. So we'll see what happens when update 7 drops, if successful there will no doubt be a palpable sense of goid flavoured glee from the AXI. As I mentioned there is quite a list of incoming fixes in the dev update so take a look at the link in the video description if you're after more specific information. One of the more unexpected but nonetheless welcome headlines from the rest of the update was the news that a bug fix and quality of life update will be coming to all versions of horizons PC and console in September. There's no details yet on what specifically will be in the update or when to expect it but as soon as we know those details we'll let you know here. The dev update then goes on to speak about new features for Odyssey that are either being deployed in update 7 or are in development for a future update. The items for update 7 then, perhaps the biggest headline for update 7 is the addition of an entirely new turret defense system that is being installed into surface combat zones that will target commanders ships overhead whenever they engage with any of the ground or dropship units. The new turrets are an entirely new unit that is deployed just for the conflict zone so it's not one of the regular turrets that you'll have seen associated with settlements and they are apparently quite deadly. According to Arthur on the Tuesday livestream they can be deshielded and made vulnerable to attack by a lone commander in a maverick suit cutting their panels off and overloading their shield array. In addition to the new turret, surface conflict zones will now also feature dedicated NPC ships engaging in air to air operations adding a further layer of obstacles for anyone entering a zone in a ship intent on aerial bombardment and NPC rocket launcher wielding enforcer troops on the ground to deal with incoming SRVs. The video that accompanied the announcement yesterday certainly makes the new combat zone environment look much busier and noisier and definitely much closer to the vision that was sold with Odyssey prior to its launch. I am of course speaking of the much vaunted but not yet fully realized sphere of combat. Upon seeing the impressive visuals from Frontier yesterday we were curious to understand how many commanders actually take a ship into a combat zone intent on using it as a weapon of war and thereby justifying the requirement for the new layers of defensive infrastructure both on the ground and in the air in order to deal with them as a combatant. Honestly our perception was somewhere around probably not that many at all and whilst it is by no means a scientific survey we did conduct a quick poll on YouTube to see if our perception was anywhere near the reality. At the time of recording of the 800 or so respondents to the poll only 16% say they actually deliberately take a ship into a combat zone. So our perception was right Frontier will know that. They'll have way more accurate figures than we can generate and I can't believe they would waste valuable development time particularly at the moment on such a feature unless it had some intrinsic value to the gameplay experience they are clearly trying to build yet our poll and indeed personal experience would seem to suggest the opposite. So what's going on here? The addition of the NPC ships rocket launcher troops and the turret defences clearly shows that Frontier aren't yet done with conflict zones. The sphere of combat was a headline selling point of odyssey and it was conspicuous by its absence in any meaningful way in the initial release of the expansion. And we've pointed at that issue on this very channel a few times. Whilst Frontier obviously aren't saying so at the moment I would suggest that they are still planning on making the conflict zones at the very least much more of a multi-discipline environment and these additions are part of that ongoing plan. We wouldn't be surprised if we saw the introduction of NPC SRVs in the future. I would suggest in fact that if Elite Dangerous Odyssey is ever to truly feature the sphere of combat then they are a necessity particularly for solo players. So we think the turrets and air to air engagements are a step on the road towards a fully featured sphere of combat gameplay but time will tell I guess. Next up the update post goes on to talk about the visual changes coming to starport concourse areas. As well as adding colouration to make the type of station more immediately identifiable the stations will also see changes to objects like planters, railings, roof features and objects like crates etc. Additionally wealthy and high tech stations will show less rubbish on the floor whilst agricultural, industrial and asteroidal stations will be more untidy. The much requested Apex Shuttle redirect feature will be appearing in update 7 allowing commanders to turn a shuttle flight around or redirect it to a different destination mid flight and as we reported last week module and bookmark storage will be increased to a maximum of 200. And be sure to look into your graphic settings again when update 7 drops as the AMD Fidelity FX CAS system is being re-added by popular request. Finally the developer update post goes on to speak about future updates that are being worked on for additions sometime after update 7. Horizons existing commander cosmetics are being overhauled to be available in Odyssey about time too. People myself included have paid money for those and whilst we never doubted they would eventually make an appearance their exclusion from Odyssey does carry a bitter twang. The post then speaks about features that we knew of already most notably showing work in progress screenshots of 4 person multi crew and an elite dangerous Odyssey engineer destined for the Colonia region complete with a detailed bio for the latter. And finally something that drew a lot of attention from those that read it the company is actively working on bringing social spaces to megaships note this is not for fleet carriers but the NPC controlled megaships that are sprinkled throughout the galaxy allowing frontier to in their words position a base for on foot services such as vista genomics and pioneer supplies anywhere in the galaxy quite what that will be used for specifically we don't yet know. During the revelation the subject of fleet carrier concourses was brought up by the viewers of the live stream as I'm sure you can imagine all Arthur would say on the subject is that they are aware of commander's desires for fleet carrier social spaces but he wouldn't elaborate further I'll leave it up to you to take from that comment what you would like to take from that comment. We don't yet know when the update for elite dangerous horizons is scheduled but we do know it's being slated for some time in September elite dangerous Odyssey update seven is expected around the middle of September. So what do you think of the plans for conflict zones and what gameplay do you think FDF has planned for megaships and will we see fleet carrier concourses at some point let us know in the comments below that's it for now thanks very much for watching if you enjoyed this video consider subscribing to the channel and maybe take a look at one of our other videos linked on screen right now.


Hello and welcome to the session. This is Professor Farhad and the session would look at preliminary analytical procedures with a topic that's covered an auditing and attestation course, whether graduate or undergraduate and the CPA auditing exam, CPA auditing exam. If you have not connected with me on LinkedIn, please do so. YouTube is where I house my 1,500 accounting, auditing, tax and finance lectures. And this is a list of all the courses that I cover. On my website, you can find additional resources such as notes, PowerPoint slides, multiple choice questions, true, false, 2,000 plus CPA questions and money and many quasi CPA simulations like the one we're gonna be working here today. If you are looking to study with someone else, studypal.co is an artificial intelligence driven study body platform that matches you with a CPA or a CFA candidate. They're available in 85 countries, 2,800 cities. So the example we're gonna be working about preliminary analytical procedures would deal with payroll. However, the techniques that we're gonna be using can be used in any other account other than payroll. So although this is specific for payroll and it's easy to understand payroll because it's easy to understand people are getting paid. You get paid all the time. So it's easy for you to relate to this. So let's take a look at this example. You are auditing the payroll for M Technologies for the year end October 31st, 2016. So here's what we are giving. We are giving the audited balances from the prior year. So those are already been audited, okay? And we're giving the information for sales, executive salaries, factory hourly payroll, factory supervisory salary, office salaries and sales commission. Then we are giving, this is the think of this, the unadjusted balances, the preliminary balances 1031, 2016. So this is what the company gave you, okay? This is what the company gave you and you have the prior year audited. So this is not audited. This is not audited, okay? And this is what you need to do. This is not audited. Now, we have obtained the following information to help you perform preliminary analytical procedure for the payroll account balance. Now, what are preliminary analytical procedures? Basically, you want to kind of think if this account makes sense, that's all you're doing. Does it make sense based on last year audited balance and based on the additional information that I know about the company? And you're just making kind of a guesstimate and it sends how close am I to what the number should be compared to what the company gave you? So let's see what we are told. We are told there has been a significant increase in the demand for the product. The increase in sales will do both to increase in the average selling price of 4%. Okay, so first thing, prices went up by 4%. If prices went up by 4%, I would expect my sales to go up, which it went up. That's fine. But 4% of this is due to prices. Because it's due to the price of the unit. And let me go back there. Sorry about that. And an increase in the unit sold resulting from an increase in demand and an increased marketing effort. So basically price accounted for 4% and 8% is accounted for actual increase in number of sales units. So sales did go up in total 12%. 4% due to price increases and 8% due to sales, sales volume. Even though sales volume increased, there was no addition of executives, factory supervisor or office personnel. That's good. If they did not increase it, then our comparison should be easy from year to year for those expenses. All employees, including executives, but executing commissioned people, received a 30% salary increase starting November 1st. So simply put, they received a 3% increase and there was no addition. So that should be an easy analytical procedure, easy analytical procedure. Commission sales people received their increased compensation through the increase in sales. So commission, we did not give them a 3% increase. Simply put, because sales went up, well, their commission should go up as well. We should see that. The increase in number of factory hourly employees was accomplished by recalling employees that had been laid off. They received the same wages as existing employees. So that's why we have the number of hourly employees, you know, I guess it went up to, okay, part of it is 3%. Commission people received a 5% commission on all sales. So this is how we pay them. Approximately 75% of sales earned sales commission. So of the total sales here, 75% was due to effort of sales people and remainder 25% were called in for which no commission is giving. The 25% were not gonna give them commission because they had nothing to do with the sales people, just people called in and that's fine, we like that, okay?  I'm gonna pull the Excel sheet that I have all the data and start to go over the preliminary analytical procedure based on the information that we are giving and compute projected value for each one of these accounts. So this is what I have here. What I have here is the account, the audited balance, audit balance, the preliminary balance, the expected value what it should be, the difference in dollar, the difference in percent and maybe I will discuss, you know, reasons to support the expected value, reason to support the expected value. Starting with sales, sales the last year was 51 million, 316. This year is 57 million. You really cannot find an expected value for sale, but I can find the difference in sale. The difference was in sales, let me take a look at this. The difference is, the difference in sales was, let me just copy the formula here, approximately 6,157,000, that's the difference in sales. Again, I can compute this using the percentage, the difference in percentage, it's 12%. And they already told us 12%, which is the change, the change divided by last year, 12%. Now bear in mind, just wanna keep reminding you that 4% was the increase in selling, so the net increase in sales was only 8%. So really just kind of give you an idea because sales would affect sales commission, so it's something you want to keep track of. Executive salary, this was the audited balance, this is the preliminary balance. What is the expected value? The expected value is taken last year, multiplied by 3%. So my expected value is 563,000. Why 563? Executive salaries received 3%. So my expected value is 563. The preliminary balance is 615. Well, I'm a little bit off. Little bit off, I'm gonna find the difference. I'm off by, let's see, the difference between those two. I'm off by 52,000. So simply put, it seems that the executive salaries is 52,622 more, which is percentage-wise. That's a substantial percentage. That's almost 9.3%, 9.34, almost 9.5%, okay? Now, old executives only received an increased salary of three. Now you might be saying why the difference is more than 3%, why the difference is 9% and not only 3%, which it should be 563. What does that mean from an auditor's perspective? From an auditor's perspective, you wanna see why there are more expenses than it should be. So this is what preliminary procedure is. I would say this account will need to be looked at because the only account should be 3%, not more than 3%, okay? Factory hourly payroll, the audited balance, last year, 10,038,877 dollars. They're giving me a balance of 11,476. Now I'm gonna try to predict the expected value of the balance, what should be the expected value? Well, for one thing, I'm gonna take last year, I'm gonna take last year, last year balance, here's what I'm gonna do. I'm gonna take last year balance, which is 10 million. I'm gonna take last year balance, which is, let me, this one I need to write stuff down because it's not just straight formula. So I'm gonna take last year balance, which is 10,038,877, and that's gonna increase normally, it's gonna increase by 3% times 1.03. Now then remember, because sales go up and sales go up, the net sales, the net increase in sales is 8%. You would expect the factory hourly payroll because they are hourly. If we have more production, we have more hours. We expect this to increase by 1.08. So my expected value is 11,176,000. This is how I came up with this and the formula is in the Excel as well. So this is how I came up with this number. Well, the difference between my expected value and my preliminary value, let's see how much is the difference and if it's, let's find the dollar amount as well as the percentage. The difference is, let's see, it's D6 309,000 percentage-wise. The difference is 2.77. That's not too bad. That's not too bad overall difference. Once again, we have to account for two. We have to account for two things in this analytical procedure. We have to account for the 3% increase and the 8% increase in net sales. So 3% natural increase and 8% is the increase of sales. So we might have to look into this a little bit further because it's 309,000 more than we expect but it's not as bad as the executive salaries. Let's take a look at the expected factory supervisor that's pretty straightforward. We'll take last year, 785,823 multiplied by 1.03. It's 809, it's the expected, the preliminary 810, I would say this was pretty good. This account does not need a lot of, from the preliminary analytical procedure it doesn't need a lot of work. Percentage-wise the difference, yes, 1,188 dollars. Yes, it could, we could pay someone a little bit more. Maybe somebody use extra resources that we needed to account for. So the difference is 0.015%, not much. I would say this is pretty much reasonable. We don't spend a lot of time on this account, okay? Basically there was 3% increase and it's reflecting that. And we did not have any new employees, factory supervisors. Office salaries, again, we didn't have any new employees. The expected value is taken last year value times 1.03. The preliminary value, I would say very close. The difference is 5,097 dollars, percentage-wise 0.26. Not significant, I'll have to say, but we'll have to look into it. It's easy to look into it, but it's not significant. Once again, nothing really here to be worried about for these two accounts, because what I'm predicting and what they're giving me are very similar. Now we have to look at sales commission. Sales commission. Well, sales commission, we have to determine the expected value for the sales commission. They told us they got 2,367,962 dollars. Now what should I expect that number to be? Well, for one thing, sales went up. Sales went up by 6 million, let me just... Sales went up by 6 million, let me draw, okay. Sales went up by 6 million, 157,000. That's how much sales went up by. Now remember, of that amount, of that amount, only 75% of it, 75% of it is... So of the 6,157, 6 million, 157,000. 948, only 75% of that amount is due to... Is due to sales people effort. So let me first compute this number. How much they're basically the net increase in their sales, give me one second, please. Hold on, my computer is very slow right now. Okay, there we go. So if I take 6 million, 6,157,948, multiplied by 0.75, the sales commission that they... The commission, the sales that they earned commission was 4,618,461.  Well, if they receive 5% on this amount, it means they're gonna have any increase under commission of 230,923. This should be the increase in commission. All I have to do is take this increase in commission and add it to the prior sales commission because that was the only increase. And this should give me my expected value. So simply put, let me show you my expected value for the sales commission. Let's see when I take the expected value. So this is the formula. The expected value is 2,249,000 and here's the formula. So I took the net increase in sales. I took sales, 6,157,000, which is E4 times 75% times 5% plus last year commission. Now the difference is 118,000. Well, that's not pocket change, but let's see percentage-wise the size of the change. I mean, there is a difference. There's some difference here. Maybe we overpaid some of them. Remember, it was approximately 25% calls in. So it's not 100% accurate. Maybe some salespeople, they said, they claim that they generated the sale. So percentage-wise the change is approximately, let's see, let's see. So we'll take one. Approximately the percentage is 5%. Approximately the change in percent is approximately 5%. Let me just copy this formula, paste here. The change is 5.29%, approximately 5%. Once again, for the sales, you have to use both. Now, again, this is a good exercise if you are looking to learn about preliminary analytical procedure. This is how it works. You have an audited number. You have a number from last year, okay? That's a good number. This is what the client gave you and you say what the number should be before I even start. And notice overall, we have to look into the executive salaries for sure. I don't know what happened. Maybe they got an increase and they did not tell us about. In sales commission, the other accounts, this one and this one are pretty, you're pretty, you know, you're gonna be pretty comfortable with them. Factory payroll, you may wanna look into it. 2.77, deviation is, you know, something you wanna look into. If you have any questions about this recording, please email me. If you have, if you want to excel, shade additional resources for auditing, if you're studying for the CPA exam, visit my website. I have those additional resources. Study hard and good luck.


Robert Spalding has supported independent tech news directly for five years. Be like Robert. Become a DTNS member at patreon.com slash DTNS. This is the Daily Tech News for Friday, June 14th, 2019 in Los Angeles. I'm Tom Merritt. And from Studio Feline, I'm Sarah Lane. I'm one week away from vacation. I'm Len Peralta. And I'm the show's producer, Roger Chang. We've got a packed house today. Joining us, Patrick Norton, host of AVXL. How's it going, Patrick? Patrick? Patrick? Are you there? Patrick? When Patrick unmutes himself, I'm sure he'll tell us it's going great. I'm trying to unmute myself. Oh, there you go. I'm trying to keep the background noise down. Sorry. No, no problem. Also joining us, Donald Bell, host of Maker Update. Donald, thanks for joining us. Good to see you, man. It's great to be back. Yeah, good to see you too. It's been too long. We're going to talk a little bit about what's going on in Maker Media and how that might affect the maker culture in general. But let's start with a few other tech things you should know. Cryptocurrency Exchange Binance announced it will launch a US-based service that is regulatory compliant, but in the meantime will not offer any services to verified US users. New users from the US can't sign up and existing users will not be able to make deposits or trades after September 12th. The US-based service will be launched soon in partnership with FinCEN registered BAM trading services. Sources tell CNBC that Charter and Comcast will be able to sell iPhone to their wireless phone customers after agreeing to sell other Apple products as well. Comcast reportedly agreed to sell thousands of iPads at a subsidized cost and pay the difference itself. Charter will let customers use Apple TVs as a replacement for set-top boxes for Charter's legacy boxes, and it reportedly will sell iPads as well, though without a subsidy. More than 400 women signed up for Africa's first platform for female agricultural entrepreneurs called Value for Her Connect at a trade fair in Nairobi. The network is part of a program led by the Technical Center for Agriculture and Rural Cooperation, or CTA, to empower women in agriculture. It will offer access to buyers, market information, investment opportunities, and encourage strategic partnerships with other ag entrepreneurs. And Broadcom announced Friday that the US restriction on doing business with Huawei will reduce this year's sales by $2 billion. Huawei accounted for about $900 million, or 4% of the company's overall sales last year. But Broadcom says the forecast extends beyond just direct income from Huawei because of other reductions from other companies in the supply chain to Huawei. The situation is also complicated by an already slowing chip market. Micron will be the next major chip supplier to possibly be affected by this. Their Q3 results will be announced on June 25th. Now, we got a little other news about Huawei, Sarah. We do. Huawei has delayed the launch of its foldable phone, the Mate X, from this month, June to September. A Huawei spokesperson told CNBC that after Samsung's foldable smartphone had some issues with media units earlier this year, it wants to take a little more time to do some extra testing itself. Huawei also confirmed that it will run Android, having been certified before US restrictions went into place. The 5G-capable Mate X foldable was first unveiled in February, targeting a June launch. So it's not really that postponed at this point, two months, but that number could also change. I guess the question here is how much of this just would have happened anyway and how much of this is Huawei's going to have a hard time getting parts? So why would they spend a lot of time building something that everybody's a little unsure of? Being a foldable phone. Yeah. It's Huawei's in the news for so many reasons.  Let's just double check our own foldable device and how much of this is the business issues that the company isn't in general. Patrick? I know, sorry, it just seems messy either way because it's problematic because they're worried about parts supplies. It's problematic because they're running out of revenue.  And I think they're just terrified because if Samsung, one of the best phone manufacturers in the world in the space of three years can have a phone that lights itself on fire and then turn around and have a phone that they apparently only tested in hyper clean labs and didn't notice that the screen was prone to destroy itself. You know, I could see where they might be a little conservative before launching something like that. It's just a mess either way. Yeah. It's hard to tell. It's probably more than one thing going on here, but it's hard to tell what Donald, what are you making these foldable phones? I was just thinking they're probably trying to get out ahead of it too. If the idea of the Samsung foldable phone was the mistake there was that they rushed it out. They didn't want to have that same story plague their foldable phone too. The idea that it was rushed out without them doing enough testing. So even if they're just holding it back and not doing anything with it, if they can get the story out there and create the story that they're spending extra time making sure it's right, then they at least will hopefully be able to get through without having that same story told about them. And if Wally only has three months of stockpiled parts, it may make sense for them not to spend it on a riskier like this. It's, again, it's multi-levels. And I also think simply because sometimes you look at a company like Samsung and it's like really nobody. How could they not have noticed the problem? Was that an internal management communications like nobody could tell the managers? The wonderful phone isn't working because they wanted to launch it so badly, or did they literally not test it with real humans in a real environment? Did nobody throw it in a backpack or a purse? Wally is very glad that you're turning this into a Samsung story, which goes back to what Donald just said. That's probably why they're trying to get ahead of this. Sorry. My problem with it, having spent like one minute with it, it's just that it reminded me of like a taco. It's just designed to keep like crust inside of it. Like it just seems like anything I would have in my pocket would collect in the credits that you're buying here. A $2,000 lint rag. That's going to be on the box. The Wall Street Journal reports that more than a dozen companies will back Facebook's upcoming Libra cryptocurrency, which is expected to be announced June 18th. Financial organizations like Visa and Mastercard, plus internet companies like PayPal, Uber, Stripe, and Booking.com will reportedly each invest around $10 million to fund development of the currency and be part of an independent consortium called the Libra Association. A full Libra release is said to be set for 2020 and to function as a stable coin. So this is not about speculation. This is about Facebook being able to make it easier for you to spend money on the Facebook platform. The stable coin will be pegged to government-issued currencies limiting the volatility so that it's not like a Bitcoin. Does this creep anybody out other than me? You know, I can't tell. This could just be a more fancier, modern version of a point system like the Xbox had, where you like change your money in for points and then it makes it easier to transfer them around. It's not just a point system, it's a currency. But because it's a stable coin, I'm not nearly as creeped out as I would be if this was, in fact, a speculative currency. And it's got an independent association, so they're doing the right thing and trying to say, like, let's have it independently managed. I mean, Sarah, I think the interesting thing here is that you have so many financial companies involved. Yeah, I think when I... The story has been brewing for a while, but when I read the latest story over at the Verge this morning, it was kind of like, all right, Visa and MasterCard. These are incumbent companies that Facebook would be taking a chunk out of, right? That these would be companies that would be competing with something like Facebook's upcoming Libra cryptocurrency. So why are they on board? And I think, I mean, the most obvious answer is, because if they can't beat Facebook, they might as well join in on the billions and billions of users that could potentially be using this in the future. Yeah, I was gonna say 2.4 billion users globally is probably a pretty big market to want a piece of. Yeah, they want to cut to that for sure. Donald, will you be getting your Libra coins? I know. No, I'm already kind of scared of cryptocurrency in general. I've just been on the sidelines. I don't think this is going to be the thing that pulls me in. And I also just always... My instinct with anything Facebook is attached to is that it's just like one other way to stick users to having Facebook installed and not ever leaving their ecosystem, whether they profit from this or not. I think it's one more way that they can keep users glued to Facebook somehow. We've got your bank account. Now we just need your health insurance and we completely own you. I think Facebook will be targeting this at developing countries. It's a great product for somewhere like India where you want to cut down on money transfer fees. That's a big deal, especially when sending money back home from people working overseas, but also within the country, trying to convert currencies and saying, hey, we've got a stablecoin. It's on a platform you use because Facebook is pretty popular in India and WhatsApp particularly, very popular in India. I think that's where to watch what they're doing with this because I imagine that's what this is for, mostly. Hold on to your hats, everybody. Get ready. Google has started showing new icons on its search results for categories like news, videos, images, maps, and shopping. This is only on the desktop search page. It's already on mobile. If you want a little bit of background, Google had icons next to these search filters back as early as 2010 on the desktop and then added them to mobile in 2011, then removed them from desktop search in 2011. So welcome back icons. How does everybody feel? Yeah, everybody? All right. This is in the show because this is a top story everywhere I look. Even Search Engine Land is on top of tech meme with the story and in the Search Engine Land story, it says, this really won't have any impact on anything, but people sure are excited about it. Right. It's cosmetic. There used to not be icons on desktop search, which as many of you probably agree, I mean, I use a million times a day. I didn't even notice that they were there when I was prepping for the show this morning because I'm always opening tabs and starting from scratch and doing all this stuff. They're there. I didn't notice. But now that I realize that they're there, I kind of look at them and they're black and white. They're not even colored. They're not even really that great. I'm not sure why people find this such a big deal. Google's always had issues with graphics design and they've always done a lot of really random stuff with graphic design. I think for me, the worst one was when they were like, we're just going to change all the icons inside of Gmail that you become used to over the last 70,000 emails and now you won't know which one to press for spam until you learn all the new icons. But they've always, I've had friends who are graphics designers who could go on for hours about what a train wreck, different applications have been in the fonts and the layouts. Google's like, you know, splat. Let's see if anybody notices. What is the purpose of them? That's the problem I don't get. Why? Why did they bother? I have to think there's some benefit for people who are either illiterate or have trouble reading or children or people who have a hard time. English is maybe not their first language and they haven't changed over their browser to another language. There's got to be some usability. Maybe some accessibility thing in there. Yeah, yeah, that's true. I get that, but does anybody do enough people read newspapers at this point that they will know the little smush next to the news icon is actually supposed to be a newspaper and the physical paper tag. I actually didn't realize that's what that was supposed to be. Yeah, there's a shopping tag is in like a paper shopping tag next to shopping. I thought it was just a hamburger menu. All right, speaking of hamburger, you know, you want to wash your hamburger down with a nice water, but the Netherlands-based water peace and security partnership is developing a machine learning tool to predict water shortages and resulting conflicts, which is a serious issue in a bunch of places in the world. In tests, the AI used water supply information from NASA and European Space Agency satellites combined with social demographic and economic data to predict more than three quarters of water-related conflicts in Mali's inner Niger Delta. That's a pretty good test, pretty good track record in a place that is complicated and conflicts happen for multiple reasons. The WPS hopes to launch the total worldwide, launch the AI worldwide later this year to be able to detect possible conflicts up to a year in advance and the alerts could then be used to investigate causes, provide help, and alleviate some of these water concerns possibly, and at the very least mitigate the conflicts. It's really cool. I mean, talk about a great way to use a bunch of data to try to keep people healthy and safe. And this is... I commend the water peace and security partnership for doing that.  Yeah, absolutely. Yeah, this might be the forecast that we actually all are more concerned about in the not too distant future. No, there'll just be a giant round of people denying the science once again and do it in exciting ways. Okay, Patrick. Right. What do you mean there's no water? There is. Just imagine it. I mean, honestly, this is a super... this is a good story that involves AI, which I don't think we see that enough. We hear a lot of people hyping AI isn't designed to do or can't do and over-promising. And it seems like this is a responsible use of it to make the world a better place. No, I think it sounds amazing. And anytime AI actually does something useful and necessary or that people can't do, I am super stoked. I'm just saying like the whole idea that people are going to pay attention. It's going to be when they can't... when they need to dig a well to 8,000 feet in Arizona to hit groundwater, you know, or they start hitting the core of the planet before they hit groundwater. I think that's when people are going to be like, hey, we've got a water problem here. Yeah, and honestly, it's a good point that this is not meant to raise awareness of the water problem. There are plenty of efforts for that. This is meant to help solve water problems that are actively happening in places in the world that need it. Researchers at a healthcare security firm, CyberMDX, have found that an infusion pump, the Alanis Alaris, rather, Gateway Workstation, which is developed by a company called Bekton Dickinson, has two critical security flaws that could allow it to be remotely hijacked and controlled. And if an attacker installed malicious firmware on a pump's onboard computer, it could be possible to then adjust infusion rates on the pump or even remotely brick the onboard computer taking the pump offline. You can imagine in a hospital, that's a pretty big deal. A second vulnerability could allow an attacker to access the workstation's monitoring configurations through a web browser. An attacker would need a few things to be able to make this work, though. You would need access to the hospital network. You would also need the workstation's IP address. You would also need to have written custom malicious code. Updated firmware includes vulnerability fixes for the devices which are sold in about 50 countries. So, you know, you update your firmware, you're good to go, but this is something that affects a lot of medical facilities. Is anyone frightened by this, or does it seem too hard to carry out? It seems pretty mission impossible to carry out. Doesn't it? There are easier ways to get rid of somebody. Just hire a nurse to spike the line. Yeah, exactly. I think this is actually one of those good stories that appears frightening. The reason I say it's good is because they fixed it, right? Yeah. Where I get cautious is, we are seeing more and more vulnerabilities discovered in medical devices. Hopefully, that's not just the local news effect where we feel like, oh, suddenly all the medical devices are insecure. Hopefully, it's the other thing, which means actually we're paying more attention to these devices and making sure they are secure. Well, also that there was a firmware, because I've also seen medical companies be like, oh, yeah, right. Or we don't support that anymore, or you should buy our new model, which is now secured. I mean, the Internet of Things is all over, we didn't call it the Internet of Things, but Connected Devices have been all over hospitals for a long time. Security there is just as abysmal as it is in every other business environment. I mean, security through obscurity worked really well when there was no general Internet, right? It does not work anymore. It's funny how that works. Hey, folks, if you want to get all the tech headlines each day in about five minutes, be sure to subscribe to DailyTechHeadlines.com.  CEO Dale Daugherty told TechCrunch, print publishing is not a great business for anybody, but it works barely. Events are hard. There was a drop-off in corporate sponsorship. Daugherty is trying to get hold of assets through an alternative assignment for Benefit of Creditors process. It's a bankruptcy process, and he'd like to restart at least the print magazine and continue to license the Maker Faire name. It looks like independently licensed Maker Faire events will proceed as planned, at least for now. Oculus founder Palmer Lucky has expressed interest in helping out with some funding. Donald, I'm sorry to say that you are one of the people affected by this. Yes and no. I worked as a projects editor for Maker Media from 2014 to 2015. Then I also came on with my showmaker update to their YouTube channel this past year and was working in their office. For the most part, I was not fired in this event, so my firing happened earlier on when there was different financial troubles in the company. But I'm definitely familiar with the situation and all the people involved and have been on the Facebook ex-employee group, watching people roll in. It's been kind of a slow train wreck over many years, but it's been interesting to see this finally really go to the full extent. I think the question that a lot of folks in our audience are going to have is, is this a bad sign for the maker culture? The maker subgroup out there, the maker subculture, has always felt like it was getting stronger and stronger, and a big proponent of that has been Maker Media. Yeah. Is this an anomaly or is this a sign of something? I'd actually take it as a positive sign in some ways because a lot of the reason Maker Media struggled to keep the magazine going and popular, although the magazine, oddly enough, still remains to be pretty popular. But sites like Instructables, and there's so many other ways that people could get online project content that they couldn't when the magazine was founded in 2005, 2006. The popularity of DIY content, I don't think it's ever been higher, it's just that MAKE doesn't have as much of a lock on that as being the conduit for that content. So Patrick, I know you're involved in the maker culture directly in a lot of ways. Does that fit with what you're seeing and feeling out there? Yeah. I mean, I've buried so many magazines over the last 20 years just to put a blunt point on it. I've dealt with computer magazines going down. This one was so, in the way for me, going through the screensavers shutting down, or me leaving the screensavers, it was this thing and it was a signpost and a whole bunch of people saw this light and they were drawn towards it. It was amazing. People talk about maker fairs the way they talk about burning matters. They're charged, they're full of ideas. It was amazing. I saw all these things I'd never seen before.  It was fun because people who never really thought of themselves as potentially being makers suddenly thought, like, I can do that. More importantly, I was already doing system, I think, around the time the first maker fair took place. I'd never really thought of myself as a maker.  That was all really, really interesting. It was this huge, it was something for people to find and learn about and be attracted to. It was this incredible source of information. I'm frustrated and I'm sad. I'm glad I actually had a booth at the last maker fair. Me and my friend at Ivory, we did a take a party booth and people were taking stuff apart. But to emphasize what you just heard is there's so much out there going on and there's so many groups and there's so much activity. There's over 200 mini maker fairs. Like Don said, it raised the profile in this whole area and it got a lot of people thinking about it. A lot of publication started. Think of all the YouTube channels and all the people that are doing stuff on YouTube that didn't exist when make started. So am I sad about it? Yeah. Do I want maker fairs to continue? Absolutely. But makers aren't going away anytime soon. There's just too many people doing too many interesting things. That's got to make you feel good, right? It does and I think it was the, when I was at Maker Media, it was part of the open secret of maker fair is that we really didn't have a lot to do with, we didn't have to really push very hard to get people to come out. Aside from a little bit of curation there and making sure everyone, all the waivers were signed, it really is a party that is there because of everyone else's interest and enthusiasm and it could happen without maker media tomorrow just as well as it happened when maker media was run on the show. And with all the hundreds of independently licensed maker fairs that are out there, that's really the legacy of maker media is that they've been able to kick off this movement. I think they've done it well. And I've also seen the other side of what the movement has done in education. I feel like any grade school, on through high school educator you talked to today talks about making in the classroom and the idea of how transformed education has been because of the idea of getting kids and integrating things like digital fabrication into the classroom too. So there's a lot of change that's been a big push for what maker media has done. It's sad that they're no longer going to be doing it, although they may be able to turn around to a nonprofit. That's what I feel like Dale's been alluding to, but even if they never come back, the legacy they leave behind is important. Does there need to be a torchbearer though? I mean, obviously, if he's able to rescue the company and at least still license the maker fairs, maybe he's trying really hard to keep the archive of content up and maybe restart the magazine, et cetera, then they are the standard bearer still. But if that doesn't happen, should there be a foundation or something to sort of be the organizing force here or have we moved beyond that, do you think? From my perspective and I had a lot of conversations at this past maker fair Bay Area about what the future would look like because there's already stories swirling around that might be the last maker fair Bay Area. What would it look like if someone else took it on? Like if Google took the helm or if Autodesk or Oculus or whoever it was, I'll do maker fair this year, but it's going to look like this. I feel like no matter who takes it on from here on out, at least for the maker fair, the Bay Area edition, it's going to look a little different. I feel like what people have to appreciate is that the maker media organization did a really good job of having as large an umbrella as possible for what the definition of maker would mean. So that you have the craft people and yeah, go ahead, Patrick. And it shifted a lot over the years because the maker fair in, was it 2005 or 2006, the first one, it kind of all bleeds together at this point, but it shifted, right? Because there used to be huge craft sections and they shrank down, then they came back and there was a whole steampunk phase. But it was interesting to watch it evolve and more. Like there was certainly, there was always an R2 Corral, there was always at least something on fire up in the front lobby. There was always at least one corner where people were felting and knitting and crafting, but everything else it always, there was stuff that was always there, but it shifted a lot. At one point it seemed like half the fair was 3D printers and then a couple years later, there were like 12 3D printers companies instead of like 3200, like that wave had crested in popularity and broken. And it was, but it always changed and kind of morphed and evolved over the years, kind of tracking what people, what was new and what was exciting, what people were interested in. That was part of the fun thing to see what was going on or just what fringe stuff would show up at the corners. Like I'm still, like it's been 10 years, but I remember seeing a guy building surfboards out of hexagonal rigidity, basically cardboard crafting hexagonal sales for rigidity to replace foam for surfboards. It's still one of the most amazing things I've ever seen.  And that was, that for me is the big loss, is the stuff you would never find otherwise showing up there at a table and just being, Yeah. And I think that was because their focus at the core of their business was always, at least started in editorial, right? They always want a story to tell about what the next thing is. Whereas if a Google comes in or some other interest actually has a very specific point of view on what they want to showcase at a Maker Faire, that could skew what that looks like and how people define it, right? And that's what I'm a little bit afraid of happening. It does seem like the best case scenario would be, and it's difficult with any kind of bankruptcy type proceeding, but turning this into a nonprofit, open sourcing some things, making kind of a Mozilla Foundation organization out of it so that it can still charge for licensing and all of that to keep itself running, but it doesn't have to be beholden to investors. Like that seems to be one of the problems that it has right now. When you find an article, something cool that the Maker community is doing, do us a favor. So we stay on top of it and submit it to our subreddit. You can submit stories and vote on others at dailytechnewshow.reddit.com. Also, we have a Facebook group. Hang out there if you like, Facebook.com slash groups slash Daily Tech News Show. Let's check out the mailbag. Let's do it. We talked yesterday about Depop and this trend, especially in the younger set with teenagers, of swap and close, the second hand second market. And Maurice wrote in from Philadelphia and said, ironically, in the hardcore punk scene, which is traditionally more known for DIY and lower cost or little to no profit motives. I've noticed a lot of kids and young adults selling and buying classic t-shirts or shirts people simply might have missed out on for upwards of $40 to $80 on Depop. It's weird and I don't get it, but hey, it's not my money. Patrick, I heard you laughing at this. I knew you'd like this even.  So he's been running around in a fishbone shirt, much to the amusement of my mom being like, oh my God, I remember when you came home with that and I was confused then. But I also like, I laugh because this echoes stuff. I heard 20 years ago when people were like, man, we used to make our own shirts with like black magic. You would see guys show up at shows. They would have like, they would steal one of their dad's business shirts. So they buy a shirt at Goodwill. And they would use like marker to do the logo of the band on the shirt.  I'm just laughing because there's always somebody who's going to pay too much money for something they weren't around to experience the first time. I mean, I paid $55 for a copy of a New York citizens album. I should have bought for four bucks at the CBGB's record store. You know, you do what you got to do. Deepop is just one example of the whole kind of limited edition or a limited run or a concert that you didn't go to. Something that is just, there just isn't a lot of it, has driven up prices, not just on Deepop, but on a lot of these platforms. It's fascinating. I've spent many, many an hour looking at old corn trophies on eBay. So I'm not going to judge. True story. All right, let's check in with Len Peralta, who has been illustrating this episode. Len, what do you got for us today? By the way, I have a lot to say about t-shirts, but maybe we'll stay that for the after show. Anyway, you know, it's really heartbreaking that maker and make is actually kind of going away. That doesn't mean that the maker community is going away. And so I wanted to put a positive spin on the whole thing. Very simple image using that red make logo and the little make robot. So maker dude, hold on to the maker. I love this. Who has like a little heart. And the maker community will not go away. So that's why it's called always keep making because that will not go away, although make may go away or is going away. Just trying to put a positive spin on this. That's so good. I love it. Thank you so much. You can actually get this right now. If you're one of my patrons, patreon.com forward slash Len, or you can go the old fashioned way. Go to my store. Len Peralta store.com. It's right on the front page and you can buy this with money. So there you go. Thanks so much to our guest today. We had a full house. Donald Bell will start with you. Where can people keep up with your work? Makerprojectlab.com is the site that collects all the stuff I do for DigiKey and Adafruit and cool tools. And I got my hands on a lot of different stuff here, but it all feeds into that website. So check out. Excellent. Well, thanks for being here. And also thanks to Patrick Norton. Since you've been here last, where can people keep up with your future work? Oh my goodness. A V Excel.com and the just about to launch Patrick Norton.com. Missing.  I've owned it for a long time. Somebody else maintained it and populated it for a while. I took it over. Cool. Well, I can't wait to see what comes out of Patrick Norton.com. Thank you. All right, folks, if you want to keep this show going and get some perks in thanks, the best way to do it is patreon.com. There's all kinds of ways to support the show, but this is the one that gives you a direct influence on the show's bottom line, a direct influence on the show's direction. And you get some special perks and special episodes and columns and all that sort of thing. You can check out all the details at patreon.com. slash D T N S. If you've got feedback for us, I've got an email address for you feedback at daily tech news show.com. We're also live Monday through Friday, 4 30 p.m. Eastern 2030 UTC. Find out more daily tech news show.com slash live. We'll see you in a Monday folks. Have a great weekend. This show is part of the broadband network. Get more at broadband.com.