Shelly Palmer Daily Report
The video companion to Shelly Palmer’s daily radio show which is broadcast on over 250 stations across America.Technology
Video Episodes:
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01:00:16 05/25/12
Facebook Camera
[LESS INFO] 2 VIEWS | ADDED 01:00:16 05/25/12
Facebook has been all over the news, with last week's lackluster IPO and this week's lawsuits, but, if you remember, just a few weeks ago, Facebook spent a billion dollars buying Instagram, a very popular photo sharing site. Well, yesterday, Facebook launched its own camera app called, wait for it: Facebook Camera, that can only be described as Instagram-lite. Except – other than some fun filters, it doesn't seem to have anything to do with Instagram at all. Available only for Apple iDevices, the company says Facebook Camera makes Facebook photos more fun and accessible. The app lets you crop photos and add colorful filters (just like Instagram). And you can also upload multiple pictures at once. Most of the reviewers I know like Facebook Camera and I do too. It's much faster than using the regular Facebook app and I like the way Facebook Camera lets you share and display your pictures. What's next? You mean after Facebook redesigns your profile page again?
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00:09:07 05/24/12
Facebook Lawsuits
[LESS INFO] 1 VIEWS | ADDED 00:09:07 05/24/12
As if having your stock tank wasn't bad enough, Facebook and its banks are now facing lawsuits from disgruntled shareholders. The suit claims that Facebook hid weakened revenue growth forecasts from the general public while alerting a select group of investors ahead of its IPO. Andrew Noyes, a Facebook spokesman, said: "We believe the lawsuit is without merit and will defend ourselves vigorously." Morgan Stanley had no comment about the lawsuit, but previously said that Facebook IPO procedures complied with all applicable regulations and were the same as in any initial offering. No matter how you look at it, this is not great news for Facebook or any other tech company looking to go public in the near future. NASDAQ already apologized for a series of technical glitches that had a negative impact on Facebook's IPO, this lawsuit – one of many that are being filed – just adds insult to injury. What's next for Facebook? Redesigning profile pages of course.
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01:18:45 05/23/12
Verizon's Capped Data Plans
[LESS INFO] 0 VIEWS | ADDED 01:18:45 05/23/12
While it's true that Verizon Wireless is going to force customers with grandfathered unlimited data plans into new, capped data plans. If you happened to have a grandfathered unlimited data plan, there's a loophole ... you can pay full price for your next mobile device and keep your plan. Yes, you heard me right. If you want to pay $849 for your iPhone (as opposed to $399 with a two year contract) you can keep your unlimited data plan. When you first hear this, you may balk at the idea, but – if you're a heavy user, the unlimited data plan may be worth much more to you than the difference in the cost of the mobile device. After all, there are lots of places to get discounted smartphones and tablets, but there is only one Verizon Wireless and, in the world of big data and big streaming, unlimited data is an almost priceless asset.
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01:18:27 05/22/12
Karan Capato's Twins
[LESS INFO] 1 VIEWS | ADDED 01:18:27 05/22/12
You know technology is way ahead of the law. But yesterday's Supreme Court ruling, says it's way, way ahead. 18 months after Karen Capato's husband Robert passed away from cancer, she gave birth to his biological twins through artificial insemination. A blessing, to be sure, but – the Supreme Court ruled that the twins can not get Social Security survivor benefits because Mr. Capato was not alive when they were conceived. No one is denying that the twins are the biological offspring of Mr. Capato, just, that, because he was dead, even though his sperm was alive, the kids are on their own. Now there is legal precedent for this and the jurists probably have it right under the law, but the law better get ready for what's coming. Would Mr. Capato's clone, born after his death, be him? How about if he was frozen, instead of just his sperm, and then revived. It may sound like science fiction, but the technology is around the corner.
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02:21:42 05/21/12
Facebook IPO
[LESS INFO] 1 VIEWS | ADDED 02:21:42 05/21/12
Did Facebook have a successful IPO last Friday? Absolutely. Facebook raised over $16 Billion dollars of public money to use to expand its business. Early investors who chose to cash out received an exceptional return on their investment. And that's really what successful IPO's are all about. Now, if you happened to be lead underwriter Morgan Stanley, or JP Morgan or Goldman Sachs, the other underwriting banks, Friday was not the best. In order to keep Facebook's shares trading above the $38 initial price, the underwriters had to move into the market and buy shares. So, while 28 year old, Mark Zuckerberg joined the ranks of multi-billionaires, his bankers had a very bad day at the office – their fees reinvested in Facebook to prop up the stock price. What's next? I'm not a financial advisor and this is not financial advice, but don’t be surprised to see this stock go down before it goes up.
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01:33:06 05/18/12
Facebook Inc. at $38 a Share
[LESS INFO] 1 VIEWS | ADDED 01:33:06 05/18/12
Facebook Inc. set its share price at $38 for today's initial public offering. Should you get in line to buy it? No. And here's why. A lot of smart people who invested in Facebook are selling now, in fact many early investors have increased the amount of shares they plan to sell. What do they know that you don't? Plenty. Ask your financial advisor about Facebook's price to earnings ratio. You will not like the answer. Then, there's Mark Zuckerberg, who is about to become one of the richest people in the world. Even after the IPO, Zuck will still control the company. He doesn't like advertising, and Facebook really doesn't make money doing anything else. Of course, none of this information will stop the feeding frenzy. Facebook's IPO is destined to be one of the most amazing, most talked about, most debated, most analyzed ever. If you're really thinking about buying Facebook shares, please consult with a trusted professional financial advisor beforehand.
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06:48:49 05/17/12
Verizon's 3G Unlimited Data plans are about to go extinct.
[LESS INFO] 0 VIEWS | ADDED 06:48:49 05/17/12
If you thought your grandfathered unlimited data plan on Verizon was safe, think again. During a speech at an investor conference, Verizon's Chief Financial Officer said that Verizon's 3G Unlimited Data plans are about to go extinct. What will replace them? Tiered data plans, of course. Although Verizon has not said anything about pricing, you can bet it's going to be less bandwidth for more money. Verizon did say that it will be pushing its customers toward family data share plans on its 4G network, which will allow families to connect all of their devices to one plan. Of course, the plan will still be tiered. What does this really mean for consumers? Nothing good. What are your choices? Well, T-Mobile has an unlimited data plan that it slows down when you use it too much – which leaves Sprint as the only truly unlimited data plan available. Are you ready to move your data business to Sprint? OK Then.
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00:38:32 05/16/12
Virgin Atlantic Mobile Connection
[LESS INFO] 0 VIEWS | ADDED 00:38:32 05/16/12
Ladies and gentlemen, the Captain has turned on the Fasten Seat Belt sign. This is your indication that all electronic devices, including all mobile phones and pagers, be switched off. We will notify when the use of approved electronic devices is allowed. Please note that FAA regulations prohibit the use of cellular phones at anytime during this flight. Love it or hate, it's the rule. But now, Virgin Atlantic Airlines thinks they have a better way. On select Virgin Atlantic flights between London and New York, passengers will be able to use their cellphones through a special satellite connection. For now, it will only work with T-Mobile, Vodafone and O2 cell phones, but if the service becomes popular, you can bet it will be rolled out on other Virgin Atlantic planes and routes. You'll still have to turn off your phone once you enter US airspace, but at least you can txt your friends and tell them you'll be landing on-time.
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01:38:47 05/15/12
New 15" MacBook Pro
[LESS INFO] 0 VIEWS | ADDED 01:38:47 05/15/12
Here's my favorite mac rumor of the day. 9to5mac.com says that Apple is getting ready to release a new 15" MacBook Pro that will be almost as thin as it's 13" MacBook Air and even more powerful. New features will include a retina display, like the stunning screens on the new iPad, and USB 3.0 for very fast device to computer connectivity. Of course, it's just a rumor, but 9to5mac.com says look for the new MacBook this summer. And, according to the Wall Street Journal, Apple is also preparing its first major upgrade to its iCloud service. Soon you will be able to share photos with others, as opposed to just between your own Apple iDevices – and, sync your personal videos as well. Sources say that all of this may be part of Apple's next mobile operating system iOS 6, and could be announced as early as June. Which is great because starting July 1, everyone's going to forced to be on iCloud.
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07:26:56 05/14/12
Scott Johnson will resign as Yahoo's CEO.
[LESS INFO] 0 VIEWS | ADDED 07:26:56 05/14/12
There are some big changes at Yahoo! In what can only be described as a stunning victory for Dan Loeb and his hedge fund Third Point, Scott Johnson will resign as Yahoo's CEO and three of Mr. Loeb's hand-picked directors will join Yahoo!'s board. Although the official announcement will say that Mr. Johnson's is leaving for personal reasons, Loeb has been pressuring Yahoo to fire Johnson for quite some time. Just this past week, Yahoo gave in after Loeb publicized his suspicions that Johnson had fudged his resume by adding a computer science degree that he did not earn. The phony document was filed by Yahoo with the Securities and Exchange Commission. Which is serious stuff. Thompson's squirrelly explanations of the gaff tied Yahoo's hands. What will happen now? Ross Levinsohn, Yahoo's current EVP and head of global media will become interim CEO and Third Point's new directors will take their seats. How this affect Yahoo?
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23:08:32 05/10/12
FBI Warns of Software Updates
[LESS INFO] 0 VIEWS | ADDED 23:08:32 05/10/12
The FBI is warning travelers to beware of software updates offered while logging in to hotel or public networks. The bureau says that users are being tricked as follows: You're in a hotel, you complete the login process, then you're offered a software update. If you click, you will infect your computer. So, here's what the feds suggest: 1 - Carry out all software updates before traveling. 2, and this is more complicated, check the author or digital certificate of any prompted update to see if it corresponds to the software vendor. And, 3 - Download software updates direct from the vendor’s website. The FBI goes on to recommend that you make sure that you are on a secure connection HTTP-s (instead of HTTP) or a Virtual Private Network (VPN) when you log on to a hotel network. Is there a better way to protect your computer? Choose name brand anti-virus software and keep it up to date.
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03:26:16 05/10/12
Amazon.com to sell high fashion
[LESS INFO] 0 VIEWS | ADDED 03:26:16 05/10/12
Are you really going to buy high-fashion clothing online? Couture dresses, designer suits? Amazon thinks so. The world's most famous online retailer has signed up a whole bunch of high-end designers including Michael Kors, Vivienne Westwood, Catherine Malandrino, Jack Spade and Tracy Reese, and it's looking for more. Why now? It's about money of course. Shipping a $5 dollar cable or selling a $1,500 designer dress costs Amazon about the same – so, according to Amazon CEO Jeff Bezos, "gross profit dollars per unit will be much higher on a fashion item.” So should you expect deep discounts on your favorite designer fashion on amazon? Nope. Mr. Bezos says amazon's fashion biz is not about selling clothes at deep discounts, but at prices that will keep the designer brands happy. Will that make you happy?
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23:24:00 05/08/12
$99 XBOX 360
[LESS INFO] 1 VIEWS | ADDED 23:24:00 05/08/12
Microsoft confirmed that there will be a $99 xbox. It's the 4GB model and they will be selling them at 16 of the 21 Microsoft retail stores. What's the catch. Actually, there are several. First, you will have to agree to a two year $15 per month contract, bringing the price of a normally $299 4GB Xbox 360 up to $459. If you were to purchase all of the gear up front and take Microsoft's discounted Xbox Live account plan, you would save $110. So, no, the $99 Xbox is not a good deal. Can I think of any reason to put $99 down and commit to two years of $15 dollar per month payments for a 4GB Xbox 360? No. And neither won't be able to think of a reason either. Oh, and by the way, almost everyone expects Microsoft to announce a new Xbox in 2013 which you would not be eligible to get. Did I mention that this is a bad idea?
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00:56:25 05/08/12
Nimble TV
[LESS INFO] 0 VIEWS | ADDED 00:56:25 05/08/12
Now that you have a powerful smartphone, a tablet, a great laptop and Internet access almost everywhere, wouldn't it be great if you could get any TV show you wanted to watch on any device anytime? That's the idea behind Nimble TV. The new cloud TV service will charge you a small fee to stream all of the TV you already subscribe to, to any device you own. It's an idea whose time has come. Is it going to work? Absolutely. The technology to do this is actually pretty simple. Is Nimble TV going to get sued by the big content providers? Probably, but Nimble TV is ready for it. Nimble is doing a small test in New York City, and they plan to roll out the service as soon as possible. Is watching anything you want, anytime on any device the future of video entertainment? You bet it is.
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15:32:20 05/07/12
Verizon FiOS Service
[LESS INFO] 0 VIEWS | ADDED 15:32:20 05/07/12
I've had Verizon FiOS service for about a week now and I immediately started sharing my experience in a blog series called, the FiOS Chronicles which you can find at shellypalmer.com. I live in midtown Manhattan and I waited over 18 months for FiOS to wire my apartment building. It was worth the wait. After a relatively painless 7-hour conversion process I was able to say goodbye Time Warner Cable, so long old-fashioned Verizon landlines, adiós cable modem, hasta la vista backup DSL modem – hello 150 Mbps down, 62 Mbps up – awesome! The first thing I noticed was that nothing, and I do mean nothing, prepares you for browsing the web at 152/62 (Verizon’s published specification is 150 Mpbs down and 35 Mbps up). You may wonder if you need that much speed. Time is money – you do! The next thing I noticed was the FiOS user interface, it's feature-laden and completely intuitive.
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23:39:55 05/03/12
Samsung Galaxy S3
[LESS INFO] 0 VIEWS | ADDED 23:39:55 05/03/12
Samsung has unveiled the much anticipated, Samsung Galaxy S3. This new smartphone has a simple mission, be the best Android smartphone you can buy – and, although it won't hit the States until this summer, it may be just that. The Samsung Galaxy S3 features a big, bright 4.8 inch HD screen, an 8 MP camera, a removable battery, a super fast quad-core processor and it runs the Android 4.0 Ice Cream Sandwich operating system. In non-Geek-speak that means, a beautiful big screen, excellent pictures, long battery life and the best and latest version of Google's Android operating system. It also comes in two colors, kind of blue and white and, it will have lots of internal memory and a micro-sd card slot for more storage. The Samsung Galaxy S3 has no price and the company is not saying anything about phone companies just yet. However, we do know that when it arrives in the States it will be 4G capable.
01/31/12