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Chris Hughes met his Waterloo in the investment of New Republic

New Republic is a popular magazine that established in 1914. It was acquired by Facebook co-founder Chris Hughes in 2012. It met his Waterloo in the print market after investing $20 million. He decided to transfer this magazine to external corporation.

New Republic was named as the cabin magazine for Air Force One which is exclusively served for United States presidents. This magazine is well-respected. Hughes claimed he could activate the business by using iPad version. However, this plan had never realized. It is reported that Hughes is looking for new buyer for this magazine.

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Hughes posted an open letter to his New Republic employees on a blog platform, claiming that it is time for New Republic to obtain new management group and development plan as he invested $20 million and much of time and energy.

The strategies that Hughes made for New Public had caused controversies in the public. Two of editors left New Republic in 2014, then more editors and writers left during the brain drain. Its CEO Guy Vidra claimed they would transform New Republic from an old and traditional print media to an integrated digital media company.

It is reported that New Republic was deducted from 20 issues to 20 issues. It moved its headquarter from Washington to New York city.

The print newspaper and magazines face the great impact from mobile internet and smartphone. Many of the newspaper and magazine companies were shut down in 2015. Some print medium have to transform to internet medium.

12 amazing devices showed up at CES 2016

There are impressed devices showed up at CES 2016. Twelve amazing devices are selected from CES in Las Vegas.

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Stanley Smart Measure Pro: This smart tap can measure the height, width, and area of the object without putting out the metal tape. It is an application that available to connect with the smartphone. Its coverage area can reach 450 inches.

Here earphone: It is on-ear earphone. It could offset the background noise to make sure the fidelity. It enhances the effect of low-pitch and high-pitch voices.

Livestream Movi camera: It allows users to stream a real-time event,even from a single perspective of the ultra wide angle camera. For example, you could only select the face of a singer or edit the video directly on your phone or iPad.

Stack smart LED bulb: it will be able to adjust the brightness automatically due to different periods of a day and track the moving.

Gogoro electric scooter: It looks like a scooter. It is green and easy to use in the smart energy filed.

Vivint Ping camera: Applied with a brand new camera. A light press on a button could send a dymanic email to the receiver. A quick alarm will be activated then.

Securifi Almond: It is another home security product in DIY market. It could monitor the house via the sensor, power socket and other devices, as well as a WiFi Router.

One2 Touch SlimType keyboard: It allows you to type quickly. It will synchronized conntect to other devices by availing of NFC.

Horizon Hobby: The drones are popular as FCC allows you to register the drones. Horizon Hobby works similar with drones. It will enter a Spiral model and stay for a while on theair under the panic situation.

Ember coffee cup: It makes your coffee in a temperature groove.

LaCie Chrome: It is popular Fast Flash Disk with an amazing mirror. It looks like a work of art bringing back from salon.

Boogie Board Scribble and Play: This handwriting pen was designed for the children. It is normally written with off-line plastic pen.

How much Apple senior executives earned in 2015?

Apple submitted the report to SEC on Wednesday, showing the remuneration of senior executives had been increased in 2015, Tim Cook included.

Apple's Tim Cook delivers the keynote address at the Worldwide Developers Conference, Monday morning June 8, 2015, at the Moscone West convention centerin San Francisco, Calif. (Karl Mondon/Bay Area News Group)

Tim Cook

The total remuneration of 2015 for Tim Cook was $10.3 million, including $ 2million annual salary, $8 million bonus, other cash bonuses, $ 3.1 millionstock award and about $ 281,327 subsidies . His total remuneration increased by 11.5% (YOY).

The report indicated that the net revenue and operating profit realized excellent performance. Each senior executive was awarded with bonus.

Luca Maestri

Luca Maestri was appointed as CFO after one year he joined Apple. He earned $25.3 million as the total remuneration in 2015 which was doubled (YOY). He was awaded $20 million stocks, $ 4 million bonus and $148,544 traveling reimbursement.

Angela Ahrendts

Ahrendtz earned highest pay among the senior executives two years ago. He worked for Burberry before he joined Apple. He got $73million payment for the first time. His total remuneration in 2015 decreased to $ 25.7 million. His basic annual salary was $1 million, stock award was $20 million, bonus was $4 million and traveling reimbursement was $ 474,981.

Eddy Cue

He earned $ 25 million as total remuneration in 2015, including $20 million stock award, $ 4million bonus. He becomes one of the highly-regarded senior executives since 1989. He is responsible for iTunes, Apply Music and Apple Pay.

Dan Riccio

He also got $1 million annual salary, $20 million stock award, reaching a total remuneration at $25 million. His earnings in 2015 was nearly the same as he did in 2014, but was 10 times than he earned in 2013.

Bruce Sewell

Sewell joined Apple in 2009 and is in charge of all Apple legal affairs. His total remuneration of 2015 was $25 million too.

NIKKEI claimed Apple might reduct iPhone output, Apple share declined by 2.5 %

NIKKEI reported that Apple might reduct 30% output of iPhone 6S and iPhone 6S Plus in the first quarter of 2016. Affecting by this news, Apple share declined by 2.5% on Tuesday, closing at $102.71.

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NIKKEI indicated such report was based on the overstock of these two models and the increase of exchange rate. iPhone seems to be more expensive in some emerging markets due to the increase of exchange rate. According to the confirmed sources of foreign suppliers, the output of iPhone is expected to return to the normal level in the second quarter.

Many experts predicted the sales volume of iPhone will be declined in the following months. The report of NIKKEI was one of them. Some Wallstreet analysts initially predicted iPhone sales volume would decline in December, 2015, listing the facts of their predictions.

Gene Munster felt that the worries of investores concerned the reduction of iPhone sales volume became stronger. Many people assumed the sales volumes of iPhone might decrease to 50 million sets which is far below its prediction of 58.5 million.

Munster pointed that the reduction of output has little to do with its actual sales. Tim Cook once indicated that the sales of iPhone would increase progressively each year. The sales of Apple iPhone far reached its predictions for three years in a row.

Munster wrote:”General speaking, the current data showed us the sales of iPhone doesn’t seem so bad as we predicted. The demands of iPhone increased lightly in December. The smartphone market is stable. The existing iPhone users is big enough. We predicted the growth rate of iPhone sales in last December and this March will not change much.”

Apple will announce iPhone 6s sales volume at conference call

Apple announced on Monday that a conference call to discuss first fiscal quarter results is scheduled for Tuesday, January 26,2016. It is an important conference as it will reflect the sales volume of iPhone 6s and the performance that it made during the shopping season.

Apple posted this news on the official page of investor relationship. Tim Cook, CEO of Apple and Luca Maestri, CFO of Apple will attend this conference call. Apple is supposed to release the official earnings when the conference call is finished.

Its investors are eager to know whether iPhone 6s and iPhone 6s Plus do a great job as iPhone 6 and iPhone 6 Plus did. Apple obtained great performance due to the release of iPhone 6 and iPhone 6 Plus. It sold 74.5 million sets iPhone devices in the first fiscal quarter of 2015. The revenue reached $74.6 billion and profit came up to $18 billion.

It sheduled a conference call in last October, Apple predicted the first fiscal quarter revenue would come between $75.5 billion and 77.5 billion, while the gross profit would come between 39% and 40%.

The analysts suspected Apple has difficulty to keep the rapid growth that iPhone 6 brought, they adjusted Apple’s performance prediction for the next few quarters.

The conference call will be held at 2:00 p.m. PT/ 5:00 p.m. ET on January 26, 2016.

Facebook was brought a class action by shareholders due to IPO issues

An American Federal judge sentenced two lawsuits against Facebook as an class action. The lawsuits claimed that Facebook concealed the worries about its prospects of future growth before its IPO was made in May, 2012.

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“Facebook was brought a class action by individuals and institutional investors who suffered a great loss for Facebook IPO of $16 billion,” said Robert Sweet, the judge from Manhattan.

This verdict was made on December 11 which was strictly confidentail. Sweet announced this verdict on this Tuesday.

The other defendants of these lawsuits are including Facebook CEO, Mark Zuckerberg, its COO Sheryl Sandberg and other seniors.

The class action is in the process of lawsuit. But the company felt such verdict was lack of evidence. It has conflicts with those cases have been duly handled.

Its shareholders claimed that Facebook concealed the inside performance prediction concerned the mobile business before it went on IPO. It did not receive much ad revenue on mobile business then. It affected the prospects of Facebook’s future growth. However, it has notified the consignees in person, indicating the consignees should decrease the prediction.

Facebook became a listed company on May 18, 2012. Its issue price of IPO was $ 38. It decreased to $17.55 by September 4, 2012 and stayed the break state in one year.

Finally, Facebook’s share price increased. Its closed at $102.26 on Tuesday. It means Facebook’s market value reached $303 billion.

Wealth Changes for Worlds Five Richest: Bezos up $31 billion

According to the statistics of Bloomberg Billionaires Index( BBI), the assets of World’s 400 rich men shrank $19 billion in 2015. This is the first time that BBI received annual decrease.

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Ken Fisher, the co-founder of Fisher Investments claimed that the worries to oil surplus, weak consumer spending and the slow economic development in developing countries are the reasons for their assets shrinking.

BBI showed that Carlos Slim suffered the greatest asset shrinking. The share of America Movil SAB declined by 25% this year so his fortunes declined $ 20 billion.

The fortunes of Warrent Buffett declined $11.3 billion as Berkshire Hathaway encountered the first annual deficits since 2012.

Bill Gates, World’s Five Richest, co-founder of Microsoft whose asset declined $3 billion.

There are also some richests make profit t this year. Amancio Ortega added asset up $12.1 billion, becoming the second richest. The gap narrowed down to $10 billion between Ortega and Bill Gates.

The biggest winner went to Jeff Bezos, the founder of Amazon. His fortunes added $31 billion, reaching to $59 billion.

BBI indicated that the total fortunes of World’s 400 richest reach up to $39,00 billion. Such figure is over each country’s GDP except America, China and Japan.

Till December 28, 2015, there are 28 Chinese billionaires in the list of Bloomberg Billionaires Index. Their total fortunes reach up to $256 billion.

Twitter beat Facebook in Revenue Growth

The growing trends of Facebook and Twitter share prices run opposite directions in 2015. The increase of Facebook share indicated its excellent executed performance. The decrease of Twitter share was related to lower user growth. It derived some uncertain reasons.

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Even though the share price of Facebook is higher than Twitter’s in 2015, it was beaten by Twitter revenue growth. The mobile ads revenue growth stimulated an increase of Twitter’s total revenue. Its Q3 revenue growth increased by 58%(YOY), while Facebook’s Q3 revenue growth increased by 41%(YOY).

It is apparantly to Twitter that it received quick revenue growth. Each quarter of Twitter’s revenue growth is beyond the analyst’s prediction. Take Q3 for example, Twitter’s EPS was $0.1 in accordance with non-GAAP calculation, increased by 10 times(YOY).

Why investors feel disappointed with Twitter performance? Twitter sequential Monthly Active User Growth was only 1% in Q3. The investors wish to know whether its revenue growth decreases if Twitter fails to promote high-level user growth.

On the contrary, Facebook user growth went beyond analyst’s prediction. Facebook sequential monthly active user growth was 4% during Q2 and Q3. Its ability of attracting new users is impressed. Its montly active users increased from 1.49 billion to 1.55 billion.

In the meanwhile, Twitter monthly active users increased from 316 million to 320 million. The investors feel confident with Facebook’s future.

Jack Dorsey admitted the difficulties for user growth. The management group is working to solve such problem. If he succeeds, the investors might obtain more confidence for Twitter’s development.

Google Ventures reorganize global investments:dissolve European business

Besides launching the Search Engine, Network video and innovative product, Alphabet also owns the subordinate business
Google Ventures. Google Ventures set up fund and business in Europe. It invested on the startups in Europe as well.

As reported, Google Ventures did not make a great success in developing business in Europe. As its some investments have
been revoked, its senior management group left the firm as well. Google Ventures will restructure its global investments.

It is reported that there are only two co-founders left in European office of Google Ventures.

One of the founding members of European Google Ventures, Eze Vidra left ventures business and Google, reported Business
Insider.

Vidra made great contribution to its European business. He promoted the Google Shopping in Spain and some other Google
products in other markets. He established the first Google campus in London, British.

Vidra planned to leave Google by the end of 2015. He posted a farewall blog on Christmas Day. However, he did not mention
what he would do next. He claimed that he would focus on the startups. Peter Read, another Google Ventures co-founder for
European business left the company last year. He did not reveal the reason why he left the company.

The Financial Times reported that there were disagreements inside the European business section. Google Ventures only
invested on six projects so far, even though the capital of European ventures reached $ 100 million.

What is more, most of its investments are limited in UK despite it named European fund of Google Ventures.

A few months ago, Google invested on Resolutions Games. However, the investment subject is from American Google fund
instead of its European fund.

It is reported that Google Ventures decided to end its European investment funds. They will be managed by global investment
fund.

The spokesman of Google Ventures claimed that the company will set up a global investment fund in 2016 to bring more
flexibilities for its development.

Evan Williams: Webpage fades out as an intermedium of content distribution

Evan Williams, the co-founder of Twitter, current CEO of Medium claimed that Webpage becomes fading out as an intermedium of content distribution. The Blogger, Twitter and Medium he created are aiming to help users to post their opinions and views on the internet.

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Williams stated the future of medium are Twitter, Facebook and Medium platform when he was interviewed on Re/code Decode show. He said:” The distribution of medium are converged. It becomes meaninglessness to post contents on webpages.”

He assumed that brands and users will be valued, but the future platforms will be focused on their work. They will aim to provide high quality contents and richful social elements.

Williams still works as a member of Twitter board of directors. He mentioned why the board of directors was initially against Jack Dorsey to work as Twitter’s CEO while he works for Square CEO at the same time. The board of directors made compromise finally.

He claimed that they doubt about the future of Twitter, what achievements Dorsey will have, whether his appointment will be a show.

They hoped Dorsey could work as Twitter CEO for full-time. But the board of directors made compromise to agree with Dorsey working as Twitter’s CEO.