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Testing Elon Musk's Starlink: Is It Really a Rural Internet Game Changer?

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7:39 a.m. Dec. 15, 2021 - By Ciara Linnane
Cloud-based internet of things company Samsara shares jump 8% in trading debutShares of Samsara Inc. , a cloud-based internet of things company, jumped 8% in their trading debut Wednesday, after its initial public offering priced at $23, the upper end of its proposed price range. The company sold 35 million shares to raise $805 million a valuation of $11.5 billion. The stock is trading on the New York Stock Exchange, under the ticker "IOT." Morgan Stanley, Goldman Sachs, JPMorgan and Allen & Co. were lead underwriters in a syndicate of 16 banks. Founded in 2015, Samsara IOT offers a cloud-based platform that allows businesses to use Internet-of-Things connected devices that can range from video cameras to data-collecting equipment to help run operations. The company estimates a total addressable market of about $54.6 billion by the end of 2021, and $96.9 billion by the end of 2024. The Renaissance IPO ETF has fallen 13% in the year to date, while the S&P 500 has gained 23%. For more on Samsara,
1:47 a.m. Dec. 15, 2021 - By Ciara Linnane
Cloud-based internet of things company Samsara's IPO prices at $23 a share, high end of rangeSamsara Inc. , a cloud-based internet of things company, said Wednesday its initial public offering priced at $23, the upper end of its proposed price range of $20 to $23. The company sold 35 million shares to raise $805 million a valuation of $11.5 billion. The stock will start trading later Wednesday on the New York Stock Exchange, under the ticker "IOT." Morgan Stanley, Goldman Sachs, JPMorgan and Allen & Co. were lead underwriters in a syndicate of 16 banks. Founded in 2015, Samsara IOT offers a cloud-based platform that allows businesses to use Internet-of-Things connected devices that can range from video cameras to data-collecting equipment to help run operations. The company estimates a total addressable market of about $54.6 billion by the end of 2021, and $96.9 billion by the end of 2024. The Renaissance IPO ETF has fallen 13% in the year to date, while the S&P 500 has gained 23%. For more on Samsara,
5:57 a.m. Dec. 6, 2021 - By Tomi Kilgore
Samsara sets IPO terms, which could value the Internet-of-Things company at over $11 billionSamsara Inc. has set terms for its initial public offering, in which the California-based Internet-of-Things data company is looking to raise up to $805.0 million. The company is offering 35.0 million Class A shares in the IPO, which is expected to price between $20 and $23 a share. With a total of about 500.35 million Class A and Class B shares expected to be outstanding after the IPO, the expected pricing would value the company at up to about $11.5 billion. The stock is expected to list on the NYSE under the ticker symbol "IOT." Morgan Stanley, Goldman Sachs, J.P. Morgan and Allen & Co. are the lead underwriters. The company recorded a net loss of $102.3 million on revenue of $302.6 million during the nine months ended Oct. 30, compared with a loss of $174.0 million on revenue of $174.0 million in the same period a year ago. The company is looking to go public during a rough market environment for IPOs, as the Renaissance IPO ETF has tumbled 18.0% over the past three months while the S&P 500 has gained 1.1%.
9:42 a.m. Nov. 2, 2021 - By Jon Swartz
Netflix unveils first five mobile games for AndroidIt's games on for Netflix Inc. . The streaming giant on Tuesday five mobile games on its app, including "Stranger Things: 1984," "Stranger Things 3: The Game," "Shooting Hoops," "Card Blast," and "Teeter Up." The games are available on Android phones before they come to Apple Inc.'s iPhone. Apple is one of Netflix's primary rivals. The games come with Netflix subscriptions and will not include advertisements or in-app purchases, the company said. Netflix executives have pointed to mobile gaming as the next big chapter in the company's evolution.
3:42 a.m. Oct. 21, 2021 - By Emily Bary
Facebook has 'not been fully forthcoming' around 'crosscheck' program for high-profile users, oversight board saysFacebook Inc.'s oversight board said Thursday that the social-media company has "not been fully forthcoming" when it comes to providing the board with information about its "crosscheck" system, through which the company is said to have held higher-profile users to different standards when it comes to enforcement of Facebook rules. Following a Wall Street Journal , Facebook's oversight board began looking into the program and found that Facebook sometimes "failed to provide relevant information." In other cases the company provided incomplete information. The oversight body said in a Thursday blog post that it has accepted a request from Facebook to review the crosscheck system and provide recommendations on potential changes. "Specifically, Facebook requested guidance on, among other things: how to ensure fairness and objectivity in cross-check reviews, taking into account context; how to govern cross-check and promote transparency; and the criteria it uses to determine who is included in cross-check and how to ensure this is equitable," according to the blog post. Shares of Facebook have gained 25% so far this year as the S&P 500 has risen 21%.
4:51 p.m. May 25, 2021 - By Quentin Fottrell
Why are ‘Karens’ so angry? Such incidents have not gone away. Instead, they’ve become another depressingly ubiquitous feature of modern lifeSuch incidents have not gone away. Instead, they’ve become another depressingly ubiquitous feature of modern life.
6:03 a.m. May 20, 2021 - By Quentin Fottrell
I’ve bitcoin and dogecoin FOMO! ‘I’m too old to sit and hope I can make up for the lost time by safely investing my little bit of money’ ‘I have a $3,000-a-month pension. I am living with my ill father, and I am currently not working and looking for a job. I am going to college using the GI Bill. I am almost 50, and have no 401(k)’‘I have a $3,000-a-month pension. I am living with my ill father, and I am currently not working and looking for a job. I am going to college using the GI Bill. I am almost 50, and have no 401(k).’
3:56 a.m. May 19, 2021 - By Quentin Fottrell
I share custody with my ex-wife 50-50, but our daughters live with me 24/7 due to her boyfriend’s meth habit. What happens to the child tax credit? ‘Will she still be able to use our daughter as a tax deduction? My concern is also with the coming child tax credit this summer’‘Will she still be able to use our daughter as a tax deduction? My concern is also with the coming child tax credit this summer.’
7:34 a.m. May 16, 2021 - By Quentin Fottrell
My boyfriend talked me into depositing my paychecks into his bank account, and paying for a car in his name. What can I do? ‘He financed a brand-new car in his name for me — it cost over $45,000. I made aggressive payments every month and even took money from my 401(k) to pay off the car’‘He financed a brand-new car in his name for me — it cost over $45,000. I made aggressive payments every month and even took money from my 401(k) to pay off the car.’
12:46 p.m. May 9, 2021 - By Quentin Fottrell
My friend set up a GoFundMe to pay for her sick pet, instead of getting a refund on our vacation. I canceled the trip. Who’s right? ‘In my world, one should not resort to GoFundMe until they have exhausted all other reasonable options’‘I felt wrong going on a trip that had been funded indirectly by others. In my world, one should not resort to GoFundMe until they have exhausted all other reasonable options.’
4:11 p.m. May 7, 2021 - By Quentin Fottrell
My ex-husband moved in. He pays $150 for cable, his only expense, and gives me the silent treatment if I ask him to pay for dinner ‘I was doing great on my own with the kids. I managed to get an apartment, pay for health insurance and even continue with my youngest son’s private school’‘I was doing great on my own with the kids. I managed to get an apartment, pay for health insurance and even continue with my youngest son’s private school.’
12:59 p.m. April 20, 2021 - By Andrew Keshner
Floyd family attorney Ben Crump says Derek Chauvin’s murder conviction is ‘painfully earned justice’ — here’s what gave him hope months earlier A jury found the former Minneapolis officer guilty on all three counts TuesdayA jury found the former Minneapolis officer guilty on all three counts Tuesday.
8:57 a.m. April 9, 2021 - By Quentin Fottrell
My cautionary tale — after an $11 mistake on my 2020 tax return my $11,000 refund and stimulus is now in limbo ‘Because of my mistake, I’m still waiting for our $5,400 refund, and our $5,600 stimulus payment’‘Because of my mistake, I’m still waiting for our $5,400 refund, and our $5,600 stimulus payment.’
10:13 a.m. April 5, 2021 - By Quentin Fottrell
My parents died of COVID-19 and left no will. My brother lives rent-free in their home, and borrowed $35,000. What now? How do we move into probate so we do not lose the house and bank accounts, while not killing ourselves in the process?’How do we move into probate so we do not lose the house and bank accounts, while not killing ourselves in the process?’
1:14 p.m. March 29, 2021 - By Quentin Fottrell
After a fight with his estranged wife, my partner transferred $250K into a trust for me. He died a week ago. Can she sue me? ‘His wife has been vindictive, mean and petty, refusing to pay for an ambulance to the hospice, refusing to provide funeral information to the hospice center’‘His wife has been vindictive, mean and petty, refusing to pay for an ambulance to the hospice, refusing to provide funeral information to the hospice center.’
11:21 a.m. March 27, 2021 - By Quentin Fottrell
I lost my job at 55 and started my own successful business. I now constantly get texts from friends and former coworkers asking how I did it. What do I do? ‘I liken these friends and former colleagues to the kids at school who march right to the head of the lunch line to get their food, without waiting in line like the rest of us’‘I liken these friends and former colleagues to the kids at school who march right to the head of the lunch line to get their food, without waiting in line like the rest of us.’
7:19 a.m. March 25, 2021 - By Michael Ashbaugh
S&P 500 whipsaws at 50-day average, Nasdaq ventures under key support Focus: March currency cross currents persist, Consumer staples break out amid weakness elsewhere, UUP, FXE, XLP, PG, CSCO, STLD U.S. stocks are lower early Thursday — though well off the session’s worst levels — pressured amid a persistently jagged late-month downturn. Against this backdrop, the S&P 500 has whipsawed at its 50-day moving average, currently 3,870, while the Nasdaq Composite has ventured under important support matching the 2020 peak (12,973).
3:33 p.m. March 14, 2021 - By Quentin Fottrell
My wife spent $50K on cosmetic procedures. It horrifies me to see so much money being blown on something so frivolous’ ‘She has paid for all this with her income, and she is frugal in other ways’‘She has paid for all this with her income, and she is frugal in other ways.’
12:26 p.m. March 13, 2021 - By Alison Fottrell
‘We are weary’: Life in Italy, one year after national lockdown to stop the spread of COVID-19 ‘The presence of increased police patrols in a crowded square in Como on a recent Saturday evening is further evidence of a developing social malaise that needs to be kept in check’‘The presence of increased police patrols in a crowded square in Como on a recent Saturday evening is further evidence of a developing social malaise that needs to be kept in check.’
8:00 a.m. March 9, 2021 - By Michael Ashbaugh
Charting a bullish reversal: Nasdaq ventures atop the breakdown point Focus: Airlines sustain decisive 2021 breakout, Materials challenge record highs, JETS, XLB, V, UA, ALK, BIGTechnically speaking, the S&P 500 and Dow industrials have retained a bullish intermediate-term bias — even amid recent volatility — while the Nasdaq Composite is vying to repair a more damaging March downdraft, writes Michael Ashbaugh.
7:35 a.m. March 9, 2021 - By Michael Ashbaugh
Charting a bullish reversal: Nasdaq ventures atop the breakdown point Focus: Airlines sustain decisive 2021 breakout, Materials challenge record highs, JETS, XLB, V, UA, ALK, BIGTechnically speaking, the U.S. benchmarks’ bigger-picture backdrop remains uneven as a March divergence persists. On a headline basis, the S&P 500 and Dow industrials have retained a bullish intermediate-term bias — even amid recent volatility — while the Nasdaq Composite is vying Tuesday to repair a more damaging March downdraft.
6:19 a.m. Feb. 27, 2021 - By Quentin Fottrell
‘My sisters and I disagree on most things, but never could I have imagined how our relationship would end’ My sister put our mother in a nursing home, where she died of COVID-19. Should I take legal action against her or the nursing home?My sister put our mother in a nursing home, where she died of COVID-19. Should I take legal action against her or the nursing home?
7:40 a.m. Feb. 23, 2021 - By Michael Ashbaugh
Charting a market divergence, Nasdaq violates the breakout point Focus: Energy and Metals & Mining sectors take flight, Apple ventures under major support, XLE, XME, AAPL, NUE, SIGTechnically speaking, the major U.S. benchmarks have extended a downturn from recent record highs, pressured amid increasingly uneven price action, writes Michael Ashbaugh.
7:10 a.m. Feb. 23, 2021 - By Michael Ashbaugh
Charting a market divergence, Nasdaq violates the breakout point Focus: Energy and Metals & Mining sectors take flight, Apple ventures under major support, XLE, XME, AAPL, NUE, SIGTechnically speaking, the major U.S. benchmarks have extended a downturn from recent record highs, pressured amid increasingly uneven late-month price action.
3:10 p.m. Feb. 18, 2021 - By Quentin Fottrell
I racked up debt to help my mother buy a home, car and pay household bills. I don’t even have my own car. Will I ever be free? ‘She is in her late 50s and it has been difficult for her to find a job. Currently, she is earning money as a care giver and doing odd jobs to get by’‘She is in her late 50s and it has been difficult for her to find a job. Currently, she is earning money as a care giver and doing odd jobs to get by.’
4:38 a.m. Feb. 18, 2021 - By Quentin Fottrell
My boyfriend, who’s 9 years younger, says he won’t move out of my house if I die before him. My adult children are not amused ‘He has done extensive repairs and upgrades to the home over the last 3 years — he performed all the labor himself while I purchased all materials’‘He has done extensive repairs and upgrades to the home over the last 3 years — he performed all the labor himself while I purchased all materials.’
9:02 a.m. Jan. 31, 2021 - By Quentin Fottrell
My father inherited money from his parents — he now tells people he earned it due to his (nonexistent) investment prowess ‘I would like my dad back, but I am afraid he is too far gone’‘I would like my dad back, but I am afraid he is too far gone’
9:10 a.m. Jan. 29, 2021 - By Jason Dorsey
7 things you need to know about Generation Z Here is what our research tells us about them as trend drivers for 2021 Here is what our research tells us about them as trend drivers for 2021
6:22 a.m. Jan. 23, 2021 - By Quentin Fottrell
My wife has a degenerative neurological disease. My father-in-law wants to put her in a facility — and take over our finances ‘My father-in-law now seems obsessed with moving my wife out of our home to some sort of group home/facility. The mere thought of this seems abhorrent and barbaric’‘My father-in-law now seems obsessed with moving my wife out of our home to some sort of group home/facility. The mere thought of this seems abhorrent and barbaric.’
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