Elon Musk says people can buy seats to Mars after the first orbital Starship prototype completes its …

SpaceX CEO and founder Elon Musk tweeted Sunday that SpaceX is accelerating the development of Starship, a rocket that is designed to go to Mars.

SpaceX CEO and founder Elon Musk tweeted Sunday that people can start reserving seats to Mars as soon as Starship, the next big rocket that SpaceX is building, returns from its first orbit around Earth.

Musk tweeted that the development of Starship is being accelerated to build the “Martian Technocracy.” When another user asked if people can start reserving places, Musk said, “After Starship returns from orbit.”

Starship is a multibillion-dollar, 180-foot-tall rocket that SpaceX says could one day take people to the moon and Mars, as well as launch satellites into orbit. It’s part of SpaceX’s fully reusable Big Falcon Rocket system, which includes a booster called “Super Heavy.” Currently, SpaceX is testing the concepts and engines behind Starship in south Texas.

Musk previously said that Starship has a 60% chance of launching into orbit by 2020. He said he wants to launch a cargo mission toward Mars by 2022 and a crewed mission there in 2024.

In December, Musk tweeted images of the construction of a prototype spaceship at SpaceX’s facility in Boca Chica, Texas.

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Names of automated-driving systems mislead motorists

CEO Elon Musk has billed Tesla as a leader in autonomous driving, telling investors last month that the technology will be “transformative” and a …

Automakers including Tesla Inc. are stoking confusion among motorists by choosing names for their automated-driving systems that wrongly suggest they’re more capable than is actually the case, according to the Insurance Institute for Highway Safety.

Almost half of respondents to an IIHS survey considered it safe to drive with their hands off the steering wheel when using a system called Autopilot, the nonprofit vehicle-safety advocate said. That’s the name Tesla gave its driver-assistance system that’s been in use during several fatal crashes since 2016.

“Tesla’s user manual says clearly that the Autopilot’s steering function is a hands-on feature,’ but that message clearly hasn’t reached everybody,” IIHS President David Harkey said in a statement. “Manufacturers should consider what message the names of their systems send to people.”

CEO Elon Musk has billed Tesla as a leader in autonomous driving, telling investors last month that the technology will be “transformative” and a catalyst for the company to eventually be worth a half-trillion dollars.

But the day before Musk made that pitch to prospective buyers of new stock and debt, a Tesla Model 3 driver died when his sedan slammed into the side of a semi-truck that was crossing a highway in Florida. A U.S. regulator revealed weeks later that Autopilot was engaged at the time of the collision, and the driver’s hands weren’t on the wheel for eight seconds prior to impact.

Consumer Reports, which called for Tesla to drop the name Autopilot three years earlier following a similar fatal crash in Florida, said last month that the U.S. National Highway Traffic Safety Administration should open an inquiry to determine whether Autopilot is defective and poses unreasonable safety risk.

In its survey, IIHS asked 2,000 drivers what maneuvers they consider to be safe while using driver-assist technologies, using names companies have given their systems. The nonprofit didn’t tell participants in the survey the vehicle brands associated with each name and weren’t given information about the systems.

Other names included in the survey were Nissan’s ProPilot Assist, BMW’s Driving Assistant Plus, Cadillac’s Super Cruise and Audi’s Traffic Jam Assist.

“Automakers need to take care when they name a system of not implying that the driver can be out of the loop — that these are driver-assistance systems, not driver-replacement systems,” Harkey said.

Read or Share this story: https://www.detroitnews.com/story/business/autos/mobility/2019/06/23/names-automated-driving-systems-mislead-motorists/39615939/

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‘We Didn’t Understand the Risks’: Neil Armstrong’s Sons Remember Life Under an Apollo 11 …

… they also have high praise for the billionaire tech titans—including Elon Musk, Jeff Bezos, and Richard Branson—who are racing to send tourists to …

With the 50th anniversary of the Apollo 11 lunar landing and Neil Armstrong’s historic moon walk approaching, the NASA mission and its astronauts are having a media moment. The milestone, which takes place on July 20, is being celebrated with several television specials, including Apollo’s Moon Shot, a six-part series that premiered June 16 on the Smithsonian Channel, and CNN’s Apollo 11, which will premiere Sunday, June 23 at 9 p.m. ET.

The late Armstrong’s sons, Mark and Rick, recently spoke with Fortune, discussing their late father, what his pioneering space mission meant to them, and their hopes for the future of space exploration. Mark, now an engineer, was 6 years old when his father became the first man to set foot on the moon. His brother, Rick, a software developer, was 12 years old at the time.

The brothers remember a dining room discussion with their parents, in which they talked about their dad’s upcoming moon trip, and the risks. Then there was the launch, and watching their father on television. Still, to the two young boys, it all seemed very normal.

“We lived in a neighborhood where a lot of people worked at NASA and where that was kind of the norm,” says Mark. “We didn’t understand the risks, the greater historical context.”

What they also didn’t quite understand was the gravity of the moment, 50 years ago, when an estimated 650 million people around the world watched their father set foot on the moon and deliver the now famous phrase: “That’s one small step for man, one giant leap for mankind.”

While the world remembers Neil Armstrong as a space pioneer, Rick shared what it was like growing up with such a celebrated dad, away from the launchpad and the cameras.

“You could get advice from him, talk to him about a lot of things, and he provided information for you to figure out what you want to do,” Rick says of his father, who was 82 years old when he passed away in 2012. “He didn’t push in any direction in particular. He didn’t give us instructions on how to handle a problem. He was just a support network. He was great at that.”

Both Mark and Rick are also excited for the next steps in space exploration, including seeing a woman walk in their father’s footsteps.

NASA has a plan to put the first woman on the moon in 2024. In June, NASA administrator Jim Bridenstine estimated this would cost between $20 billion and $30 billion.

“Going back to the moon is a great plan; it’s the right plan,” Mark says. “We can learn a lot … from the moon. We go back there, set up camp, learn everything that we can, and then we can apply those learnings to Mars and beyond,” he adds.

While the Armstrong brothers are excited that NASA is focusing on a lunar mission, they also have high praise for the billionaire tech titans—including Elon Musk, Jeff Bezos, and Richard Branson—who are racing to send tourists to space.

SpaceX CEO Musk announced last year that his first paying lunar passenger, Japanese entrepreneur Yusaku Maezawa, had put down a “significant deposit” on a lunar trip. Musk did not disclose the cost.

“They aren’t just going to be concerned about getting you there—they’re going to be concerned about the safety of getting there, the safety of getting back, the day-to-day mundane things that you’re going to need to be able to do while you’re in space,” Mark says. “It takes this community of innovators and pioneers to be able to solve the problems of the future.”

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Permissionless vs. Permissioned Blockchains – An Argument Worth Having?

Satoshi Nakamoto’s whitepaper outlines a vision for a peer-to-peer payment system that runs on decentralized architecture and has no use for an …

Satoshi Nakamoto’s whitepaper outlines a vision for a peer-to-peer payment system that runs on decentralized architecture and has no use for an authoritative middle-man. The idea of a permissioned blockchain was nowhere to be seen. (In fact, the word blockchain was not actually mentioned in the whitepaper at all.)

JPMorgan took that vision and created Quorum, a private, enterprise-level blockchain designed for corporate use, with an emphasis on strict privacy settings. They weren’t, of course, the only ones.

The permissioned vs permissionless argument has divided the blockchain sector, and those divisions can often get heated. Is there room for both?

Permissionless Blockchains Represent The Heart and Soul of DLT

Distributed ledger technology’s debut was, of course, the Bitcoin blockchain’s genesis block, which famously includes a reference to a bank bailout:

The Times 03/Jan/2009 Chancellor on brink of second bailout for banksSatoshi Nakamoto, Bitcoin genesis block

To many, permissionless blockchains are the pure implementations of the technology. They represent freedom from censorship and the fractional reserve system, as well as the stifling influence of government heavy-handedness and corporate power. They are the technological expression of disillusionment with the status quo and a thirst for political and financial autonomy.

But Permissioned Blockchains Represent Its Commercial Mind

Permissioned, or enterprise, blockchains are those operated and controlled by a company or a consortium with a particular purpose in mind. There are permissioned ledgers being developed for use in logistics, supply chain management, fintech, and inventory tracking.

By default, enterprise blockchains are private and access to them is restricted to those who need to use them. Their interest is not the pursuit of decentralization, but efficiency. They are not burdened by, or proponents of, political pursuits like libertarianism. Their intention is deployment at the enterprise level.

To some, ideology falls by the wayside when use case suitability is considered. As former JPMorgan employee and now Clovyr founder Amber Baldet argues, “Permissioned doesn’t necessarily equal enterprise and public isn’t just for the proletariat.”

Some Things Simply Need To Remain Private

There are few companies in the world that would place sensitive commercial information onto a publicly accessible database. On the one hand, it is somewhat cheeky for advocates of privacy and permissionlessness to deny the technology to corporate actors because they’re not using it the ‘right way’.

Having said that, those that promote the distributed in DLT may have accidentally stumbled across an unlikely (and unwitting) ally in Nouriel Roubini, who dismisses permissioned uses of distributed ledger technology:

Calling this a Blockchain is a joke: it is private, “permissioned & trusted”, not distributed, not based on a consensus mechanism & all managed by IBM in a centralized way. Calling”Enterprise DLT” a Blockchain is a joke. It is a centralized database


— Nouriel Roubini (@Nouriel) October 8, 2018

Are Blockchains Misnamed?

BABB, a blockchain company that aims to bank the world’s unbanked, has a CTO with a whole different take on the argument. Gaurav Rana is a believer in permissionless blockchains, writing in October 2018 that:

“The underlying basis of the technology consisted of a ledger that could be appended but never retroactively modified. The lack of central control over the system and the immutability of the ledger form the core characteristics of this technology, which are more accurately categorized as byzantine fault tolerant systems (BFTs).”

– Gaurav Rana, BABB CTO

Rana believes permissioned and centrally controlled blockchains have no place in the sector, while also arguing that ledgers that aren’t actually blockchains, such as Nano and IOTA, are truer to the “ethos of decentralization and immutability.”

For Rana, ledgers that use DAGs and Tangles and are not actually chains of blocks, are closer to blockchains-by-nature than centrally controlled, permissioned blockchains. He proposes the term “time chain” as a more appropriate descriptor of the technology.

Maximalism, Dogma, And The Rise of Logic

Regardless, maximalism on either side is not necessarily helpful. And few are going to play by whatever rules a permissionless or permissioned disciple makes anyway. Hybrid permissioned/permissionless blockchains and sidechains add to the complexity of the dichotomy, which looks increasingly less black-and-white.

Baldet summed it up nicely when she told Fortune in June last year “Really, it should just be about information residing where it makes sense and creating security boundaries that are logical.”

If the anti-establishment logic is followed to its natural conclusion, it would seem self-evident that advocates of decentralization have no place denying others the right to use a technology they find useful in any way they want.

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Allstate (ALL) Position Has Lifted by Element Capital Management Llc; Intel (INTC) Market …

Loudon Investment Management Llc decreased its stake in Intel Corp … 26/04/2018 – Intel CEO Brian Krzanich dismissed investor concerns that …

The Allstate Corporation (NYSE:ALL) Logo

Element Capital Management Llc increased its stake in Allstate Corp (ALL) by 1687.85% based on its latest 2019Q1 regulatory filing with the SEC. Element Capital Management Llc bought 239,962 shares as the company’s stock rose 1.59% with the market. The hedge fund held 254,179 shares of the property-casualty insurers company at the end of 2019Q1, valued at $23.94 million, up from 14,217 at the end of the previous reported quarter. Element Capital Management Llc who had been investing in Allstate Corp for a number of months, seems to be bullish on the $33.71 billion market cap company. The stock decreased 2.26% or $2.34 during the last trading session, reaching $101.21. About 2.70 million shares traded or 59.87% up from the average. The Allstate Corporation (NYSE:ALL) has risen 0.03% since June 23, 2018 and is uptrending. It has underperformed by 4.40% the S&P500. Some Historical ALL News: 09/03/2018 – Long-Term Allstate (ALL) Investors: Johnson Fistel Investigates Allstate; Encourages Investors Owning Since before November 201; 17/05/2018 – ALLSTATE ESTIMATES APRIL CATASTROPHE LOSS AT $211M PRETAX; 01/04/2018 – ALLSTATE CORP ALL.N : KEEFE, BRUYETTE & WOODS RAISES TO MARKET PERFORM FROM UNDERPERFORM; RAISES TARGET PRICE TO $93 FROM $90; 17/05/2018 – Allstate Announces April 2018 Catastrophe Loss Estimate; 17/05/2018 – Allstate Corp.: April Estimated Catastrophe Losses $211M Pre-Tax, $167M After-Tax; 22/03/2018 – Fitch Raises IFS Ratings of Allstate Life Insurance Co and Subsidiary Allstate Life Insurance Co of NY to ‘A+’; 30/05/2018 – Life360 and Allstate Form Strategic Relationship to Transform Car Insurance and Personal Transportation; 15/05/2018 – POINT72 HONG KONG BOOSTED VIPS, WYNN, MOMO, WB, ALL IN 1Q: 13F; 22/03/2018 – Fitch: Rating Outlook on Allstate Insurance Ratings Is Stable; 23/05/2018 – Allstate Elevates Customer Service Through Artificial Intelligence

Loudon Investment Management Llc decreased its stake in Intel Corp (INTC) by 94% based on its latest 2019Q1 regulatory filing with the SEC. Loudon Investment Management Llc sold 98,632 shares as the company’s stock declined 9.61% while stock markets rallied. The institutional investor held 6,292 shares of the semiconductors company at the end of 2019Q1, valued at $5.63M, down from 104,924 at the end of the previous reported quarter. Loudon Investment Management Llc who had been investing in Intel Corp for a number of months, seems to be less bullish one the $212.48B market cap company. The stock increased 0.57% or $0.27 during the last trading session, reaching $47.46. About 31.10 million shares traded or 29.71% up from the average. Intel Corporation (NASDAQ:INTC) has declined 16.90% since June 23, 2018 and is downtrending. It has underperformed by 21.33% the S&P500. Some Historical INTC News: 11/05/2018 – Intel Presenting at Bank of America Conference Jun 6; 04/04/2018 – SHI International Wins PC Client Solution Partner of the Year at Intel Technology Partner Awards; 21/03/2018 – Breaking Defense: Exclusive – Rethinking Intel In The Age of Trump: DNI Coats & PDNI Gordon; 19/03/2018 – Intel Board of Directors Elects New Director and Extends Andy Bryant’s Term as Intel Chairman Until 2019; 19/04/2018 – Atipa Technologies Wins 2017 Partner of the Year for HPC Technical Solution at Intel Technology Partner Awards; 25/05/2018 – Intel Says Factors Such as Age Weren’t Part of Decision-Making Process for Layoffs; 26/04/2018 – Intel CEO Brian Krzanich dismissed investor concerns that functionality issues were causing 10-nanometer production delays; 02/04/2018 – BNO News: Apple plans to start using own its chips in Mac computers, replacing those of Intel, sources tell Bloomberg;; 17/05/2018 – Intel Corporation’s (INTC) CEO Brian Krzanich Hosts 2018 Stockholders’ Meeting (Transcript); 25/05/2018 – Intel Faces Age-Discrimination Claims

Loudon Investment Management Llc, which manages about $170.56M and $114.01M US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (SPY) by 40,166 shares to 44,663 shares, valued at $1.40 million in 2019Q1, according to the filing. It also increased its holding in Vanguard Index Fds (VNQ) by 15,989 shares in the quarter, for a total of 24,879 shares, and has risen its stake in Public Storage (NYSE:PSA).

Since January 25, 2019, it had 0 insider purchases, and 5 selling transactions for $352,535 activity.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on July, 25. They expect $0.89 EPS, down 14.42% or $0.15 from last year’s $1.04 per share. INTC’s profit will be $3.98B for 13.33 P/E if the $0.89 EPS becomes a reality. After $0.89 actual EPS reported by Intel Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 0.86 in 2019 Q1. Its down 0.14, from 1 in 2018Q4. It dived, as 61 investors sold INTC shares while 733 reduced holdings. 139 funds opened positions while 541 raised stakes. 2.84 billion shares or 4.15% less from 2.96 billion shares in 2018Q4 were reported. Gsa Cap Prtn Limited Liability Partnership holds 0.04% or 7,435 shares in its portfolio. Albert D Mason invested in 0.26% or 6,700 shares. 13,166 are held by Aimz Inv Advsr Limited Co. Invesco Ltd owns 61.87M shares. Grassi Investment reported 108,150 shares. Df Dent Company Inc has invested 0.31% of its portfolio in Intel Corporation (NASDAQ:INTC). Horizon Investment Limited Liability Company reported 90,297 shares stake. Stone Ridge Asset Management Ltd Liability Com has 110,086 shares. Pictet Asset Ltd accumulated 3.06M shares. Jolley Asset Ltd Llc holds 3.42% or 87,911 shares in its portfolio. Barbara Oil invested in 85,000 shares or 2.71% of the stock. Texas Yale Cap holds 353,128 shares or 0.76% of its portfolio. Wellington Shields Cap Management Lc has invested 0.17% of its portfolio in Intel Corporation (NASDAQ:INTC). 102,448 are owned by Schnieders Cap Mngmt Limited. Mechanics Bankshares Department invested in 1% or 81,458 shares.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Forbes.com which released: “What Is Intel’s Fair Price Estimate Based On Expected 2019 Earnings? – Forbes” on May 24, 2019, also Nasdaq.com with their article: “AMD Stock Jumps on Samsung Partnership – Nasdaq” published on June 03, 2019, Nasdaq.com published: “After Hours Most Active for Jun 17, 2019 : VEON, TRUE, CZR, FDC, KR, LC, LXP, PFE, AEG, MSFT, QCOM, INTC – Nasdaq” on June 17, 2019. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Nasdaq.com and their article: “Why Is Intel (INTC) Down 22.6% Since Last Earnings Report? – Nasdaq” published on May 25, 2019 as well as Nasdaq.com‘s news article titled: “Free Cash Flow Makes Nvidia Stock a Great Buy on the Dip – Nasdaq” with publication date: June 19, 2019.

More notable recent The Allstate Corporation (NYSE:ALL) news were published by: Finance.Yahoo.com which released: “Have Insiders Been Selling Wells Fargo & Company (NYSE:WFC) Shares? – Yahoo Finance” on June 14, 2019, also Fool.com with their article: “Nearly Half of All Major Canadian Pot Growers Have Entered the U.S. Hemp Market – Motley Fool” published on June 23, 2019, Finance.Yahoo.com published: “Is CenturyLink, Inc. (NYSE:CTL) A Good Dividend Stock? – Yahoo Finance” on June 11, 2019. More interesting news about The Allstate Corporation (NYSE:ALL) were released by: Businesswire.com and their article: “Vivaldi Opportunities Fund (NYSE: VAM) Declares Monthly Distribution of $0.11842 Per Share – Business Wire” published on June 21, 2019 as well as Finance.Yahoo.com‘s news article titled: “What We Think Of Deere & Company’s (NYSE:DE) Investment Potential – Yahoo Finance” with publication date: May 30, 2019.

The Allstate Corporation (NYSE:ALL) Institutional Positions Chart

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