As the race for the best picture Oscar heated up last month, the Hollywood studios knew precisely how successful each of the contenders had been at the box office, except for one: "Roma." The Netflix movie had run in just a handful of theaters, leaving the makers of the other best picture nominees in the dark about whether "Roma's" critical acclaim had been matched by popular support. Netflix is famously secretive about viewership data, rarely sharing it even with the directors and stars that work with the company, let alone the public. But Nielsen, the media tracking firm that releases traditional TV ratings, was watching, and what came next may finally start to erode that wall of secrecy. Nielsen, which began tracking Netflix in 2017 and employs a combination of audio and digital data collection, found that "Roma," an arthouse-style movie about the life of a Mexican family, was watched by 3.2 million U.S. households in January and February, according to data supplied by Nielsen to … [Read more...] about Netflix’s secret viewership data isn’t so secret anymore
Technology just isnt there yet
Cat Zakrzewski, The Washington Post Published 6:43 am PDT, Thursday, March 28, 2019 SAN FRANCISCO - Executives from top tech companies and California's attorney general aren't waiting for Washington to take action on pressing tech policy issues. At the first Technology 202 Live event here in San Francisco, they described how companies themselves are making changes to their own platforms to address public pressure on privacy and curbing disinformation on their platforms - and how states are seeking to rein in the tech giants with new legislation. "When it comes to the federal government, they move a lot slower," said California state attorney general Xavier Becerra. Here are some highlights: 1. The next time a public official - perhaps even a president - tweets something that violates Twitter's standards, the message could be accompanied by a label that provides more context, Twitter's Vajaya Gadde told my colleague Elizabeth Dwoskin. Twitter is exploring how to annotate … [Read more...] about The Technology 202: Silicon Valley isn’t waiting for Washington to address privacy, disinformation
With the advent of the shale oil revolution, the significance of some traditional oil and gas lease provisions, such as the shut-in royalty provision, have been recently neglected. As a result, landmen may be asking themselves, “What is the shut-in royalty provision and will it ever impact a lease taken in an oil play?” The resounding answer is YES! Although a more traditional tool for gas plays, a shut-in royalty provision may apply to either a gas or oil well depending on the language used. What is this thing anyway?Nearly all oil and gas leases include a habendum clause,1 which allows a lease to be held in effect for a period of time and so long thereafter as oil and gas is produced in paying quantities. However, production can cease or be temporarily suspended for a number of reasons. Without a savings clause, even a brief a cessation in production would cause a lease past its primary term to expire. In light of this, lessees developed the shut-in royalty … [Read more...] about The Shut-in Royalty Provision: Isn’t It Just for Gas?
Jan 23, 1:37 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury World By Jennifer Johns 01/23/19 AT 1:16 AM Global leaders have descended on the Swiss ski resort of Davos for the World Economic Forum’s annual meeting. This year’s theme is “Globalisation 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution”.On the agenda is how countries can respond to and shape changes in how goods are produced, distributed and consumed. It is based on the idea that the world is entering a fourth industrial revolution, where a new wave of technological progress will launch us into a new era of globalisation. But while the world’s leaders pin their hopes for economic growth on a technological leap, the rest of us are left to wonder what the implications may be.The first industrial revolution saw the mechanisation of production, using water and steam power. This dramatically transformed how … [Read more...] about Davos: Leaders Talk About Globalisation As Though It’s Inevitable – When It Isn’t
For many high growth technology companies, a state or federal grant is a blessing. It can help fund R&D, clinical trials, or otherwise provide the capital needed to expand. The casual observer could hardly be faulted for thinking that if, for example, the National Institutes of Health wanted to give a company a grant, that the IRS wouldn’t tax the grant. That would be absurd, right? After all, why would one hand of the government want to take back cash that the other hand just offered? The truth is complicated, and exasperating. Government grants are in fact taxable depending on how the money is used, and how the recipient chooses to do business (i.e., LLC vs. Corp).Here’s how the tax rules work. The general IRS rule is that all income (regardless of the source) is taxable. However, there is a major exception to this general rule. In 1954, the federal income tax laws were amended so that corporations … [Read more...] about Free Money Isn’t Free (Except When It Is)