Author: Ashwini Dhamanwar

Google rebranded online subscription program and also cuts the prices for storage. In comparison with Amazon, it still has the best deal for 1 terabyte of storage.

Its new price for 2 terabytes of storage is $9.99 monthly, which was $19.99 monthly before. Google also introduced several lower priced tiers, including 100 GB for $1.99 monthly or $2.99 for 200 GB.

However, consumers looking for just 1 TB of storage at the lowest price might want to shop with Amazon, which offers it for $59.99 yearly. Google said the new One subscription accounts now come with access to e-mail and phone customer help.

Users of Google Drive’s online backup program will still go to drive.google.com to access their files. If they use under 15 GB, Google Drive is still free. The subscription offering, for heavier users, will be called One.

Google is still offering 15 GB of free storage before moving people to a paid account.  According to the Google blog post, this new One name will offer bonuses to subscribers “like credits on Google Play or deals on select hotels found in Google Search.

Online storage in the digital age has become a fact of life for mobile consumers, who are shooting more photos and videos, in higher resolution, than ever before, on devices that max out of room often.

Read Full Article

Amazon paid $250 million tax in Washington for 2017, a disclosure that comes as the retailer fights back against a Seattle City Council proposal that would tax big companies based on their number of employees.

It does include sales taxes paid on the company’s own acquisition of equipment and supplies, but not customer purchases of Amazon sold goods. Government agencies treat individual taxpayer information confidentially.

Companies rarely disclose specifics unless compelled by regulators. Washington has no personal or corporate income tax, primarily funds programs through a sales tax tacked on to the cost of goods and services.

Amazon raised its voice in opposition to the levy. The company shows biggest force in Seattle politics. Outside observers come forward to Amazon executives’ objection to the political climate that brought the minimizing taxes.

On U.S. federal income taxes, Amazon recorded a $137 million refund. Amazon’s securities filings show the company paid $957 million in cash in taxes in 2017 to governments worldwide, after accounting for tax refunds.

In 2021, the levy would convert to a 0.7 percent payroll tax, which would likely increase the cost to the company. If Amazon held to its prior expansion plans that gave it room for 55,000 employees, the company’s tax bill could grow to $43 million.

Read Full Article

Stephen Hawking announced $100 million project to find intelligent life among the stars. New technology lets astronomers scan the galaxy like never before.

The Breakthrough Listen project announced the launch of an expanded survey of stars in the Milky Way made possible by a “multi-beam” receiver installed on Australia’s Parkes Radio Telescope.

Facebook CEO Mark Zuckerberg, Russian investor Yuri Milner and Hawking launched Breakthrough Listen in 2015. It collects massive amounts of deep space data and makes it public to identify signals pointing to alien life.

The new receiver will rely on 13 beams to scan space, quickly pulling data researchers will analyze “for signals that have indications of artificial origin,” according to the project’s announcement.

“With these new capabilities, we are scanning our galaxy in unusual way,” Danny Price, Breakthrough’s Parkes Project Scientist at UC Berkeley, said in a statement.

According to the project Engineers from UC Berkeley installed the instrumentation, which will assist the telescope as it logs 1,500 hours of observations this year. Data compiled during those hours will later be archived and analyzed for signals stemming from extraterrestrial technology.

According to the project says the “vast majority” of signals picked up in such data come from earthlings. New receiver will also help sift through white noise to find relevant signals.

“We should be careful of answering back Aliens message,” the late Hawking said.  Breakthrough Listen began using the Parkes telescope, located in New South Wales. But the Parkes at that time mostly looked at relatively nearby stars within a sample.

 

Read Full Article

National Nurses Week gives huge discount for Nurses, which kicks off Sunday. Some restaurants across the country are showing a little love by offering freebies and discounts for Nurses.

The May 12 was the birthday of Florence Nightingale, the founder of modern nursing. According to the Gallup poll nursing is the most trusted profession in its ratings of honesty and ethical standards in professions.

 

Participation of restaurants can vary. There is offer of getting a buy one get one free on burritos, bowls, salads and orders of tacos. Starting Sunday through May 12, nurses get one free Cinnabon Classic Roll, MiniBon Roll or a four count BonBites when they show their badge at participating locations.

There’s not a nationwide promotion. Offers will vary among locations and most will have a special on Sunday with a valid ID. One of the easiest ways to find out is to check restaurants’ social media channels.

Only on Sunday, all nurses with a valid ID get a free burrito with the purchase of any adult-sized entree when they mention the May 6 deal at Freebirds World Burrito.

If Nurses show a valid employee ID will get a buy one get one free deal on the California based chain’s Original Ground Beef Tacos Sunday through May 12. However there is limit of three free tacos per nurse at participating locations.

Teachers and nurses get 50% off their total check Tuesday with valid ID at PDQ. On Monday, nurses get 50% off any drink when they show their nurse ID at Scooter’s Coffee. However there is limit of one per customer.

Read Full Article

Physicians distribute buprenorphine illegally for opioid addiction treatment. An opioid addiction treatment practice offices are in Pennsylvania and West Virginia.

Three Indian-American physicians Dr. Krishan Kumar Aggarwal, 73, Dr. Madhu Aggarwal, 68, and Dr. Parth Bharill, 69 are charged with health care fraud and illegal distribution of buprenorphine. Dr. Cherian John, 65, and Dr. Michael Bummer both contractors were charged for similar charges.

 

The charges alleged that the doctors, working as contractors at various locations. They created and distributed unlawful prescriptions for buprenorphine, known as Subutex and Suboxone. It is a drug that should be used to treat individuals with addiction.

The three have also been charged for submitting fraudulent claims to Medicare or Medicaid for payments to cover the costs of the unlawfully prescribed buprenorphine.

All of them face punishment of 10 years in prison and a fine of US $250,000 for each of the counts charging unlawfully dispensing Schedule III controlled substances.

The charges came as part of the Opioid Fraud and Abuse Detection Unit created by Attorney General Jeff Sessions. “Today, we are facing the worst drug crisis in American history, with one American dying of a drug overdose every nine minutes,” Sessions said.

Sessions is focusing solely on the problem of opioid related health care fraud in Western Pennsylvania. “These cases cut off the supply of drugs and stop fraudsters from using ill-protected people.

Read Full Article

Apple phones prices reaches sky and people demands phones . So it is not worth to expect that Apple will decrease prices anytime soon. While announcing financial results late Tuesday, Apple didn’t impress Wall Street with over the top iPhone sales.

Apple-phones-prices-reaches-sky-and-people-demands-phones

Apple said it had sold 52.2 million iPhones during the first three months of the year. It is not far from recent analyst expectations of 52.3 million. “The iPhone X is a beloved product,” Apple CEO Tim Cook said on a post-earnings conference call with analysts.

He noted that since Apple first split its iPhone lines with the launch of the iPhone 6 and iPhone 6 Plus.” This is the first cycle we’ve ever had where the top-of-the-line iPhone model is the most popular,” he said.

The news is likely to squash speculation Apple could temper ever swell out iPhone prices. It would kill off the iPhone X. Apple CFO Luca Maestri said the X was Apple’s top seller and rejected the idea that it was too expensive.

Overall, iPhone revenues rose 14%, to $38.03 billion. Total sales rose 16% to $61 billion. It announced $100 billion in stock buybacks. Shares jumped 4% in early trading.

Although Apple doesn’t break down its iPhone sales by model, it does seem to have sold fewer of the pricier iPhone Xs and more of lower-cost earlier models than Wall Street had expected.

The average selling prices for iPhones in the second quarter was $728, compared with Wall Street expectations that fell between $740 and $742.

One of the Apple’s phones is expected to be a top of the line model to replace the X and two lower-priced units taking over the slots from the iPhone 8 and 8 Plus.

Read Full Article

YouTube diminishes 8 million abusive videos using Artificial intelligence in the last three months of 2017, according to the company. Most of the videos deleted were spam or pornography and counted for “a fraction of a percent” of YouTube’s total views during this time period.

Of those 8 million videos deleted, 6.7 million were removed by machine-learning software, the company said. And more than three quarters of those flagged videos were removed by a human employee before even one public viewing, it said.

YouTube says it receives 400 hours of new video uploaded every minute. This volume and its largely automated platform’s failure to stop creators from posting extreme and abusive content have been an increasing source of criticism for the Google-owned unit.

The same videos also cause headaches for advertisers, which suspend advertising when they’ve discovered ads playing before videos that promote terrorism, hate space, pedophilia or other exploitive subject matter.

In turn, the company has promised more human attendant working with advanced computer systems will weed out the worst videos before they become widespread.

YouTube also had changed some of its rules last year in an attempt to crack down on extremist videos, taking away their ability to run ads and share revenue with YouTube.

YouTube is going to introduce a new feature called the “Reporting History dashboard.” It will show individual users the status of any videos they’ve flagged for review.

Read Full Article

Social Security Planning is beneficial after retirement, as one of the biggest advantages of this program is its Flexibility. You can start claiming retirement benefits as early as age 62, or you can wait and receive fatter checks each month.

The amount you’ll receive in benefits that will depends on the age at which you file for Social Security. The full retirement age is between 65 and 67, depending on the year you were born.

If you wait until your full retirement age, you’ll receive 100% of the amount you’re entitled to. If you claim earlier than that, your benefits will be cut for every month you’re ahead of schedule, up to 30% at age 62.

However, for each month you delay benefits past your full retirement age, you’ll receive a bonus to make up for the time you spent forgoing benefits.

The most people start claiming benefits is 62. In 2013, 42% of men and 48% of women filed at that age, according to the Center for Retirement Research. Very few people wait until age 70 to file for social security.

In fact, only 4% of women and 2% of men hold out that long. That means the other 96% to 98% of Americans are missing out on this major Social Security perk.

Most of time you have to retire early because of health issues and you needed to claim benefits earlier. Wait until age 70, though, and you can receive up to 24% on top of your base benefit amount.

 

Read Full Article

Federal regulator charges Wells Fargo with penalty of $1 billion for abuses such as charging unwitting customers for auto insurance and bogus mortgage fees.

The Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency plan to announce the penalty as part of a settlement on Friday, according to the New York Times.

It would be the highest fine ever imposed by the consumer bureau. It could reduce the banking giant’s first-quarter profit by about 20%, according to research firm Edward Jones.

The bank announced in July that it would give refunds to more than 570,000 auto loan customers who were charged for auto insurance without their knowledge and when they already had coverage.

Wells Fargo also has said that it improperly charged some customers to extend interest rate locks on mortgages because of delays that it caused, not the clients.

In October, the company said it would give refunds to customers who paid the fees between September 16, 2013 and February 28, 2017. The company agreed to the sanctions and said they could cut profits by as much as $400 million this year.

The $1 billion fine would be the latest setback for Wells Fargo. Last year, it created about 3.5 million bank and credit card accounts that were not authorized by customers and paid $185 million in penalties.

The company also faces a possible separate investigation into whether its wealth management division made improper referrals or recommendations to the company’s investment and fiduciary services businesses.

For the first quarter, Wells Fargo reported net income of $5.9 million, or $1.12 per share, on $21.9 billion in revenue. That topped analysts’ estimate of $1.11 per share.

Read Full Article

U.S. economic recoveries possess negative impact for potential home buyers. Its continued growth has had many positive effects on the nation and the population.

Along with incomes and low unemployment, the housing market continues to grow. The median sale price of a U.S. home is now close to a third of a million dollars, or over $100,000 more than it was just a decade ago.

Housing markets are different from one another. While some might still be relatively inexpensive, others are well out of range for most Americans.

To determine the county with the most expensive housing market in every state, 24/7 Wall Street reviewed median home values of 3,119 counties and county equivalents as of the second quarter of 2017 from the National Association of Realtors.

In the most expensive markets in states like New York, Massachusetts, California, and Virginia, the typical home is valued at well over $750,000.

In California, the most expensive market has a median value in excess of $1 million. In other states, the most expensive market barely tops $200,000.

Monthly payments for the median home price for the same time period are also from the NAR and assume a fixed 30-year mortgage with a 3.5% interest rate and a 10% down payment.

Median household incomes for each county come from the U.S. Census Bureau’s 2016 American Consumer Survey.

Read Full Article