Technology

One by one over the past several months, Europe's largest investment banks have each rolled out their new pricing models detailing how they'll charge for research in 2018 once the new MiFID II regulations go into effect.  Pricing strategies have varied from expensive all-in packages costing nearly $500,000 a year to pay-as-you-go plans that charge for each research report individually.  Here are a couple of recent examples:

While Mark Zuckerberg is busy espousing virtues on Universal Basic Incomes, the deep divide in America, free-speech 'control', and what being president means; his billion-dollar-baby social network may have a problem.

This year, the world’s largest social network will see a decline among teen users in the U.S., according to a forecast by EMarketer. It’s the first time the research company has predicted a fall in Facebook usage for any age group.

Via The Daily Bell

“Facebook is for old people,” I was told by a 17-year-old last week in San Francisco at the Startup Societies Summit.

He doesn’t use the social media platform. He’s right too. About half a million fewer teens aged 12-17 will use Facebook this year compared to last year.

Facebook depends on older people for its advertising revenue. But it needs to get users while they are young in order to keep them coming back to the social media website when they are older.

Courtesy Marketslant.com

NASA placed a camera onboard a plane and is chasing the total solar eclipse across the sky. Even with the camera, they need a filter for viewers at certain moments

The first total solar eclipse in 99 years will be an unprecedented test of an American power grid that has become rapidly reliant on solar energy, according to Bloomberg. Power grids, utilities and generators are bracing for more than 12,000 megawatts of solar power to go offline starting around 9 a.m. in Oregon as the moon blocks out the sun across a 70-mile-wide (113-kilometer) corridor.

The eclipse has arrived at a time when the American power grid is becoming increasingly reliant on solar, wind and hydroelectric power.