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Tax Court Will Go Dark For December

I just picked up on an extraordinary piece of news that has been around for nearly a week with little notice. The Tax Court will be launching a new case management system called DAWSON (Docket Access Within a Secure Online Network). This is a nod of respect to the late Judge Howard Dawson who served the court for over fifty years before passing away in 2016. That is not the extraordinary part.

The Dark Month Of December

What is extraordinary is that the Tax Court’s existing system will shut down before Thanksgiving and DAWSON will not come on till after Christmas. Nothing new electronic goes in after 5:00PM on November 20th and it is expected that DAWSON will be up on December 28th. But there is more.

Here is the most extraordinary thing. During the hiatus the Tax Court will

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NBCU ad boss adds local ads, Symphony, and new data unit to purview

NBCUniversal ad boss Linda Yaccarino is taking on a larger role within the media conglomerate as global chairman of advertising and partnerships, the company announced on Monday.

The promotion, effective immediately, positions Yaccarino, who has been spearheading an initiative to create a single ad-buying system that spans TV and digital, to unite more parts of NBCU’s ad business.

Yaccarino previously was chairman of advertising and partnerships, managing the media company’s portfolio of linear networks like NBC, digital platforms like Peacock, distribution partnerships, and client relationships.

In her new role, she adds to her purview NBCU’s local ads, company-wide marketing strategies, and a new data-strategy team that she’s charged with building. She continues to report to CEO Jeff Shell.

As part of the change: 

  • Local ads will be added to One Platform, NBCU’s all-in-one ad-buying system, which Yaccarino leads. The team that sells ads across NBCU’s local-TV stations and regional-sports networks,
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App Removed After Helping Users Bypass China’s Great Firewall

(Bloomberg) — An app backed by Chinese cybersecurity giant 360 Security Technology Inc. that helped users vault over Beijing’s Great Firewall was blocked and removed from mobile stores Saturday.



a close up of a light: Green lights illuminate cable terminals on the Sberbank and SberCloud Christofari supercomputer during an event to mark its launch into commercial operation inside the Sberbank PJSC data processing center (DPC) at the Skolkovo Innovation Center in Moscow, Russia, on Monday, Dec. 16, 2019. As Sberbank expands its technology offerings, the Kremlin is backing legislation aimed at keeping the country's largest internet companies under local control by limiting foreign ownership.


© Bloomberg
Green lights illuminate cable terminals on the Sberbank and SberCloud Christofari supercomputer during an event to mark its launch into commercial operation inside the Sberbank PJSC data processing center (DPC) at the Skolkovo Innovation Center in Moscow, Russia, on Monday, Dec. 16, 2019. As Sberbank expands its technology offerings, the Kremlin is backing legislation aimed at keeping the country’s largest internet companies under local control by limiting foreign ownership.

The Tuber browser, which let mainland users visit blocked sites from Google to Facebook Inc., stopped functioning Saturday afternoon and could no longer be located on the app store run by Huawei Technologies Co. It was unclear which agency ordered its removal, which came after Chinese users on social media

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Jim Cramer Calls AMD His Best Stock Pick Ever

AMD is reportedly interested in acquiring Xilinx and has been in talks about a possible acquisition.

The Wall Street Journal first reported that the two were in talks.

The Journal said the pair were in advanced merger talks that could value Xilinx at more than $30 billion, a 16% premium to the group’s closing price on Wall Street last night. Xilinx’s data-center chips have become much more valuable since the coronavirus pandemic triggered a surge in work-from-home dynamics that have pressured companies around the world to improve their technology and storage capabilities.

AMD, meanwhile, has seen its share price rise nearly 90% so far this year, taking its market value past $100 billion, a move that gives the chipmaker substantial firepower — despite a small net cash position of just $1.1 billion — to absorb Xilinx in an all-stock deal.

Jim Cramer said that investors don’t need to worry about

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Warren Buffett’s Snowflake, Barrick Gold bets signal new strategy

  • Warren Buffett’s Berkshire Hathaway has made surprise bets on Barrick Gold and Snowflake in recent months, clashing with the investor’s past warnings about gold, tech stocks, and IPOs.
  • Berkshire’s bosses may be pursuing smaller, more frequent investments and cashing in on corporate actions, Brian Gongol, a longtime Berkshire shareholder, told Business Insider.
  • “I wouldn’t be surprised if Buffett, Weschler, Combs, and Ajit Jain all got on the phone and had a talk where they decided to ‘think small’ with some fraction of the company’s cash pile,” Gongol said.
  • Buffett and his team also signaled Berkshire was “the best big investment they could find” when they spent $5.1 billion buying back stock in May and June, Gongol said.
  • Visit Business Insider’s homepage for more stories.

Warren Buffett’s Berkshire Hathaway stunned investors when it revealed a $560 million stake in Barrick Gold in August, and shocked them again with its $735 million

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Elon Musk Says SpaceX Closer to Testing Starlink Internet in U.S. After Launch of 60 More Satellites

SpaceX has successfully launched 60 more “Starlink” satellites into orbit as part of its mission to beam high-speed internet back to Earth.

The Elon Musk-led company released multiple videos of the takeoff to social media this morning, which took place at Launch Complex 39A at Kennedy Space Center in Florida at 7:29 a.m. EDT. Liftoff yesterday was scrubbed due to unfavorable weather.

Blasted into space onboard a Falcon9 reusable rocket, the satellites will be added to a constellation of satellites that is currently more than 400-strong.

“Falcon 9 launches 60 Starlink satellites to orbit, completing SpaceX‘s 43rd flight of a previously flown rocket booster,” the company tweeted earlier today.

Footage uploaded by the company included the Falcon9’s first stage landing on the “Of Course I Still Love You,” a droneship platform that’s stationed in the Atlantic Ocean. The touchdown happened within 8 minutes and 30 seconds, the

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Chamath Palihapitiya responds to Coinbase controversy: Get a soapbox

  • Well-known venture investor Chamath Palihapitiya said on his “All-In” podcast that employees should be able to have free-form debate on any topic, on one condition — they should have to speak from a physical soapbox.
  • The investor was responding to the Coinbase controversy where Brian Armstrong told employees in a memo last week that politics and social causes had no place at the company.
  • “You put the soapbox someplace — in a safe space — where you can go and you can talk and people who want to listen will listen, and people who need to work can work, and people who don’t want to listen don’t have to be forced to listen,” Palihapitiya said on the podcast.
  • Visit Business Insider’s homepage for more stories.

The head of Coinbase, Brian Armstrong, created a firestorm in tech last week when he told employees in a memo to leave their politics and

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Wishing Trump’s death from COVID-19 not allowed on Facebook, Twitter

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President Trump’s Twitter page.


Jaap Arriens/NurPhoto via Getty Images

As news of President Donald Trump’s positive COVID-19 diagnosis spread, social media companies warned their users that content wishing for the president to die won’t be allowed on their platforms.

After the president revealed on Thursday that he and first lad Melania Trump had tested positive for the virus, many people took to social media to wish him a speedy recovery, but many others said they hoped for the opposite outcome.

A Facebook spokesperson Friday such post violate the social media giant’s user policies and will be removed.

“To be clear, Facebook is removing death threats or content targeted directly at the president that wishes him death, including comments on his posts or his page – in addition

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Andrew Yang takes lead in California data privacy measure

SAN FRANCISCO (AP) — The Fitbits on our wrists collect our health and fitness data; Apple promises privacy but lots of iPhone apps can still share our personal information; and who really knows what they’re agreeing to when a website asks, “Do You Accept All Cookies?” Most people just click “OK” and hope for the best, says former Democratic presidential candidate Andrew Yang.

“The amount of data we’re giving up is unprecedented in human history,” says Yang, who lives in New York but is helping lead the campaign for a data privacy initiative on California’s Nov. 3 ballot. “Don’t you think it’s time we did something about it?”

Yang is chairing the advisory board for Proposition 24, which he and other supporters see as a model for other states as the U.S. tries to catch up with protections that already exist in Europe.

The California Privacy Rights Act of 2020

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Google’s $2.1 billion Fitbit deal set for EU approval: Reuters

  • Google is expected to win EU approval for its $2.1 billion Fitbit deal after it addressed competition and data concerns, Reuters reported.
  • The internet giant has promised it will not use Fitbit data to personalize adverts for 10 years, according to a Financial Times report.
  • It will also ensure competitors can use its Android and Cloud platforms, according to people familiar with the matter.
  • The EU opened a four-month long investigation into Google’s acquisition of Fitbit in August. The deal was first announced in November 2019.
  • Visit Business Insider’s homepage for more stories.

Google’s $2.1 billion acquisition of wearables company Fitbit appears to have cleared a major hurdle.

It will be cleared by EU antitrust regulators after the tech giant agreed Tuesday to restrict how it uses customer data, according to multiple reports.

Google promised regulators that it would not personalize adverts based on user data for 10 years, up

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