"So Microsoft will be announcing at some point later this year the Microsoft Wi-Fi initiative," Hume said last week during iPass' quarterly earnings call, according to a transcript from Seeking Alpha. "We continue to be their partner, providing iPass to them as part of their branded initiative. So as I said on our last earnings call, the partnership with Microsoft is very strong. They have been a terrific partner and we don't anticipate anything but goodness to continue with our relationship with Microsoft."
(Fierce Wireless May 11, 2016)
Out of interest at the $7 per month enterprise rate, consumers would get 17 and 28 months use out of Windows 10 Home and Windows 10 Pro respectively. This isn’t a great deal for Home users and shows a new consumer-focused pricing tier would likely need to be introduced to make it more appealing should Microsoft go down that path in future.
Wall Street's Unstoppable Force
on Microsoft Confirms Windows 10 New Monthly Charge
"For months Microsoft has been describing Windows 10 “as a service” and now we know why. Microsoft is going to introduce a monthly subscription fee for Windows 10 usage…
That cost will be $7 per user per month but the good news is it only applies to enterprises, for now. The new pricing tier will be called “Windows 10 Enterprise E3” and it means Windows has finally joined Office 365 and Azure as a subscription service......."
(c) Terms of office; vacancies
commissioners  shall be appointed for terms of five years and until their successors are appointed and have been confirmed and taken the oath of office, except that they shall not continue to serve beyond the expiration of the next session of Congress subsequent to the expiration of said fixed term of office; except that any person chosen to fill a vacancy shall be appointed only for the unexpired term of the commissioner whom he succeeds. No vacancy in the Commission shall impair the right of the remaining commissioners to exercise all the powers of the Commission.
(47 U.S. Code § 154 - Federal Communications Commission)
Special Authorization to MSFT to test TLPS is effective May 23, 2016 and expires November 24, 2016 according to FCC Grant.
Height Securities has been investigated by the SEC several times in the past for "potential liability under the misappropriation theory of insider trading if they were entrusted in confidence with material, nonpublic information and they breached a fiduciary duty to the source of the information to gain a personal profit in the securities market."
Don't you find it the least bit intriguing that the same company that created the rumor that caused the pls to tank the issued another rumor a week later that caused the pls to spike? I can't but wonder if Kerrisdale Capital is one of their 44 hedge fund customers?
Timing of political intelligence probed
(Washington Post May 3, 2013)
An April 1 alert to stock traders that predicted the outcome of a key Medicare funding decision has gained intense legal and public scrutiny.
But a series of events in Washington and on Wall Street in the weeks before the alert raise the possibility that information related to the government’s decision may have previously circulated and moved the market, according to a trail of e-mails and market data.
A small Washington-based firm called Height Securities alerted its clients on April 1 that the government would soon make a decision favoring private health insurers that participate in a Medicare program. The alert went out just before the trading day ended, sparking a surge of trading in shares of Humana, Aetna and other major health-care .
The Obama administration made its decision public after the markets closed that day, and federal investigators along with Sen. Charles E. Grassley (R-Iowa) are looking into whether there was a leak.
The government is probing several political intelligence firms in an effort to determine if investment clients like hedge funds were receiving unfair and illegal access to critical government information ahead of the general public.
A New York judge ruled earlier this month that the government can continue an insider trading probe, and compelled the House Ways and Means Committee and a former staffer to comply with subpoenas from the Justice Department, according to The Wall Street Journal.
In that case, the firm Height Securities is under scrutiny for informing clients of a policy change favorable to large insurance companies. Stocks in relevant companies surged after the note went out, which came before the government announced the policy shift.
(The Hill 11/24/15)
Commissioner Rosenworcel never confirmed whether she had dissented, or whether she had actually voted, which indicates to us that the 'no' speculation was either a negotiating tactic, or perhaps was unintentional implication from her staff. We continue to believe that this 'dissent' was actually a bargaining tactic, and the Rosenworcel may ultimately approve the order.
The ongoing ex-parte meetings indicate that both Rosenworcel and O'Rielly are continuing to consider and debate the order. 18 days have past since the original announcement from Commissioner Pai. As the timeline continues to extend, the likelihood that the order is being negotiated increases, and the likelihood of the order being voted down decreases.”
Globalstar is having a strong day in the market today, and for good reason. For some time now, the company has been seeking FCC approval with regard to the use of special airwaves. Recently, the overall sentiment seemed as though the FCC Would deny the company's request. However, today, things seem to be changing. In fact, the belief that the FCC will approve the proposal is growing. Today, we'll talk about the news, how GSAT reacted in the market, and what we can expect to see from the stock moving forward.
As mentioned above, Globalstar has been working to gain approval from the FCC With regard to a specific type of airwave. The airwaves, known as the TLPS spectrum, have the potential to improve WiFi connectivity, which would be overwhelmingly profitable for GSAT.
Recently, the news has been portraying a negative view. With the initial FCC member votes against the proposal, the company needs the rest of the votes to be positive. Nonetheless, an analyst by the name of Niles Tracy at Heights Securities believes that an approval is likely. In fact, the analyst believes that a positive result could come as soon as next week. In a statement, the analyst had the following to offer
“The initial 'no' vote from Commissioner Pai came on June 2,2016. A reported Rosenworcel 'dissent' followed. At the same time, Commissioner Rosenworcel and Commissioner O'Rielly met with the NCTA, and then the other pro-GSAT groups over the following weeks. Commissioner Rosenworcel never co
Shell is now testing “track and trace” in other parts of the business, including monitoring pipe and tube materials, with a view to expanding its use. Plus, third parties who manage certification processes and those who manage tools for Shell can now benefit from using the system too.
“This new satellite-based solution ensures we get the full picture of where our assets are even if they are on a rig in the North Sea. We have gone from a paperwork-intensive environment to a hosted asset management system that makes decision-making quick and easy,” said Albert Bos, Team Leader, Well Services Workshop at Shell.
Globalstar Europe Satellite Services Ltd, a wholly owned subsidiary of Globalstar Inc. and the leader in satellite messaging and emergency notification technologies, today announced that global oil giant Shell has deployed a satellite-based asset management solution in the Netherlands to securely manage its movable assets on land and at sea. By more closely and efficiently managing its high value assets and their associated test certification, Shell has achieved a positive return on investment (ROI) on the solution in just three months.
As reported in Oilfield Technology today.
According to the "Federal Communications Commission
Application For Special Temporary Authority" filed by MSFT, the testing start date was listed #$%$23/2016 with the end date listed as 11/23/2016.
Remember that Chardan Capital Markets was the recipient of Sales Compensation from Kerrisdale Advisors,L.P. on 9/26/2014.
Let's not forget the fact that Chardan Capital Markets was the recipient of Sales Compensation from Kerrisdale Partners, L.P. less than 2 years ago on 9/26/2014.