Reports of Microsoft acquiring Sony.

The reports that stated tech giant microsoft has acquired sony corp , including Sony’s gaming division Playstation in an astounding $130 billion deal turned out to be false.

The report, initially published by Spanish portal ‘Microsofters’ and translated into English by EN24 News, also stated that the deal entailed Microsoft acquiring various divisions of Sony Corp including Sony Pictures, Sony Music, PlayStation divisions, mobile phone division, its patents, and its camera and TV divisions. What made the report sound convincing, or at least somewhat convincing, was the mention of Microsoft’s VP of Gaming, Phil Spencer.

 

What also could have spurred on a few people to get the story online quickly is the fact that Microsoft has recently acquired gaming developer Bethesda Softworks, for $7.5 billion. The acquisition made Microsoft the sole decision-maker in the company that has been responsible for popular video game franchises such as Wolfenstein, The Elder Scrolls, Doom and Fallout, reported BGR.in.

 

The news later turned out to be fake.

An acquisition of this level would require tons of regulatory approvals that don’t happen overnight. It takes years of negotiations for such a big deal to get sealed. However, no such reports have surfaced in the recent past.

Also, even after hours that the news broke, neither Microsoft nor Sony have released a statement -- via a blog or social media -- about this acquisition. Further, no major media house reported picked up the news. These three factors indicate the report to be fake.

No, Microsoft did not acquire Sony.

The ‘leak’ that came from a Spanish portal ‘Microsofters’ and translated into English by EN24 News stated that Microsoft Corporation had acquired rival conglomerate Sony Corp in an astounding $130 billion deal.

The report also stated that the deal entailed Microsoft acquiring various divisions of Sony Corp including Sony Pictures, Sony Music, PlayStation divisions, mobile phone division, its patents, and its camera and TV divisions. What made the report sound convincing, or at least somewhat convincing, was the mention of Microsoft’s VP of Gaming, Phil Spencer.

But as it turns out, the report is fake. Simply said, Microsoft has NOT acquired Sony.

There are many things that make the latter sound more reasonable than the former. Firstly, when the news broke, no major media platform picked the story that could easily have been the story of the year. Exchange4Media did pick the story up but the publication deleted it later. Secondly, even hours after the leak, neither Microsoft nor Sony have released a statement -- via a blog or social media -- about this alleged acquisition. Lastly, an acquisition of this level would require tons of regulatory approvals that don’t happen overnight. Safe to say that the news is indeed not true.

 

TOP5 MOVIES FOR [Money Minded People]

 

TOP 12 MOVIES FOR ENTREPRENEUR

#1. Startup.com [IMDB (7/10)]

Picking up where today's headlines leave off, Startup.com examines the current troubled state of the Internet revolution, in which inflated ideals and dreams of instant wealth have been supplanted by harsh economic realities and broken promises. Graced with sensitive storytelling and a dynamic, intimate cinnamaverine style, the film also manages to personalize this crisis with intensely private views of the people involved.

Initial release: 25 May 2001

Directors: Jehane Noujaim, Chris Hegedus

Producer: D. A. Pennebaker

Box office: 18 lakhs USD

Awards: Directors Guild of America Award for Outstanding Directorial Achievement in Documentary

#2. Catch Me If You Can [IMDB (8.1/10)]

Frank Abagnale, Jr. (Leonardo DiCaprio) worked as a doctor, a lawyer, and as a co-pilot for a major airline -- all before his 18th birthday. A master of deception, he was also a brilliant forger, whose skill gave him his first real claim to fame: At the age of 17, Frank Abagnale, Jr. became the most successful bank robber in the history of the U.S. FBI Agent Carl Hanratty (Tom Hanks) makes it his prime mission to capture Frank and bring him to justice, but Frank is always one step ahead of him.

Initial release: 25 December 2002

Director: Steven Spielberg

Featured song: Catch me if you can

Nominations: Academy Award for Best Supporting Actor

Awards: BAFTA Award for Best Actor in a Supporting Role

#3. Lord of War [IMDB (7.6/10)]

The 20-year arms dealing career of Queens, N.Y., outcast Yuri Orlov (Nicolas Cage) serves as a window onto the end of the Cold War and the emergence of worldwide terrorism. He finds himself reassuring his more ethically challenged younger brother, Vitaly (Jared Leto), while adeptly sidestepping the pursuit of federal agent Jack Lawrence (Ethan Hawke). The globetrotting arms dealer also pursues the woman of his dreams, supermodel Ava Fontaine (Bridget Moynihan).

Initial release: 16 September 2005

Director: Andrew Niccol

Box office: 7.26 crores USD

Producers: Nicolas Cage, Andrew Niccol, Chris Roberts,

Music director: Antonio Pinto, Antônio Pinto

#4. Wall Street [IMDB (7.4/10)]

Wall Street is a 1987 American drama film, directed and co-written by Oliver Stone, which stars Michael Douglas, Charlie Sheen, Daryl Hannah and Martin Sheen. The film tells the story of Bud Fox (C. Sheen), a young stockbroker who becomes involved with Gordon Gekko (Douglas), a wealthy, unscrupulous corporate raider. Bud, a junior stockbroker, wants to work with Gordon Gekko, his idol, and tries to impress him by spying on renowned companies. But when Bud learns about Gordon's evil antics, he tries to destroy him.

Initial release: 11 December 1987

Director: Oliver Stone

Film series: Wall Street

Featured song: Fly Me to the Moon

Awards: Academy Award for Best Actor in a Leading Role

#5. Fyre [IMDB (7/10)]

Fyre: The Greatest Party That Never Happened is a 2019 American documentary film about Billy McFarland and the failed Fyre Festival of 2017. It was directed by Chris Smith, and produced by Mick Purzycki and was released on Netflix on January 18, 2019. The film was co-produced by Jerry Media, the social media agency responsible for promoting the Fyre Festival and covering up the fraud, and MATTE Projects, the production company that directed the Fyre Festival's promotional shoot. Jerry Media approached VICE with the idea of a documentary three months after the events. According to Netflix, the documentary was Smith's idea.

Initial release: 18 January 2019

Director: Chris Smith

Production company: Vice Media

Producers: Chris Smith, Mick Purzycki, Danny Gabai

Nominations: Primetime Creative Arts Emmy Award for Outstanding Documentary Or Nonfiction Special,

 

           PERSONAL FAVOURITE

#1. The social network [IMDB (7.7/10)]

The Social Network is a 2010 American biographical drama film directed by David Fincher and written by Aaron Sorkin. Adapted from Ben Mezrich's 2009 book The Accidental Billionaires, it portrays the founding of social networking website Facebook and the resulting lawsuits. It stars Jesse Eisenberg as founder Mark Zuckerberg, along with Andrew Garfield as Eduardo Saverin, Justin Timberlake as Sean Parker, Armie Hammer as Cameron and Tyler Winklevoss, and Max Minghella as Divya Narendra. Neither Zuckerberg nor any other Facebook staff were involved with the project, although Saverin was a consultant for Mezrich's book.

Release date: 12 November 2010

Director: David Fincher

Screenplay: Aaron Sorkin

Awards: Academy Award for Best Writing (Adapted Screenplay), 

Nominations: Academy Award for Best Actor in a Leading Role

#2. pitchers [IMDB (9.1/10)]

TVF Pitchers is a web series created by The Viral Fever and developed by Arunabh Kumar. The first season consists of five episodes and premiered online on The Viral Fever's content portal TVFPlay on 3 June 2015. A week later, on 10 June, it premiered on YouTube.

First episode date: 5 June 2015

Final episode date: 30 August 2015

Number of episodes: 5

Number of seasons: 1

Program creator: Arunabh Kumar

Bitcoin or Cryptocurrency

Bitcoin or Cryptocurrency Bitcoin (₿) is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin. Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity used by miners, price volatility, and thefts from exchanges. Some economists, including several Nobel laureates, have characterized it as a speculative bubble at various times. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.   A cryptocurrency (or crypto currency or crypto for short) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.  It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database. Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created. But now Bitcoin has its own separate identity, so Bitcoin and Cryptocurrency have different points which end in the same digital currency.               BITCOIN            Cryptocurrency Bitcoin is the digital currency that utilizes cryptocurrency and it is controlled by the decentralized authority which is not like the government-issued currencies. Cryptocurrency refers to the technology that acts as a medium for facilitating the conduct of the different financial transactions which are safe and secure.    What is cryptocurrency technology? Cryptocurrency is the technology that acts as the medium for conducting financial transactions. From the creation of units to final verification of the transaction being made, cryptocurrency provides that safe and secure platform for transactions with the help of cryptography technology. Cryptocurrency is a kind of digital currency that is virtual and doesn’t have a physical form. It works on decentralized control which doesn’t have any central banking systems. This makes it easier for cryptocurrencies to work with distributed ledgers. With distributed ledgers that provide peer-to-peer transactions and the transparency of providing transaction details to the public, cryptocurrency technologies have now become a force to be recognized all around the world. Initially, it was only used for digital transactions, but now it is used for trading almost anything through the internet. It has become a very huge success that many companies around the world are using them. Some top-level companies are also investing a lot of money to make the process even simpler with advanced safety and security measures thereby helping the cryptocurrency to develop at an astonishing rate.          Bitcoin or Cryptocurrency Basis for comparison           Bitcoin      Cryptocurrency Main Aim To simplify and increase the speed of transactions without much of government restrictions. To provide low cost, safe and secure transactions. Trade Bitcoin is limited to trading by using it as a currency. There are a lot of cryptocurrencies that are used for trading as well. Popularity Bitcoin is the most popular bitcoin. The number of cryptocurrencies has increased but their share is still less than Bitcoin. Strategy Bitcoin focuses on lowering the cost of influencers and reduce the time of transactions but is less flexible, Cryptocurrency aims at the exchange of goods and services is a safe and secure environment with very little or no government and middleman interference. Status Bitcoin likes to be anonymous and hence even though we can see their transactions in the ledger, they are meaningless numbers that are not in any particular sequence. A lot of cryptocurrencies that came recently are following transparency in their transactions and hence they are able to work with a lot of other industries.              conclusion Bitcoin being the first cryptocurrency has a head start over other cryptocurrency technologies. Since then, a lot of cryptocurrencies have come and some are even specializing in a few sectors. The most important thing is competition. Due to heavy competition, cryptocurrencies are continually improving themselves and the technologies that they are using. This paves the way for a lot of innovation and improved performance and security measures. Bitcoin may have had a greater chunk of share in the sector initially. But with the introduction of new cryptocurrencies and sophisticated & transparent technologies, the gap is diminishing as every day passes. Soon, this market will also become more dispersed with the cryptocurrency that provides the maximum value being at the top.

4 HABIT CHANGE YOURSELF IF YOU WANT TOBE RICH

 

Change Yourself If You Want            To Be Rich  #1: GENERATE MULTIPLE INCOMES Having multiple streams of income means that a person is receiving income from several residual or passive income streams at once. Residual or passive income is income that a person earns without directly putting in work. While they may have to put in some up-front work, they do not need to put in direct work in order to make an income. In other words, they could go on vacation and that rental property or online products can continue to make money for them. Most people who have passive income streams have found that once they have one income source up and running, it is easier for them to create multiple income sources. These are often referred to as multiple streams of income. Check out additional small business finance information. - Try affiliate marketing and make sales - Put your photography to work on the web - Write an eBook - Invest in real estate/ Invest in real estate investment trusts (REITs) - Become a business silent partner - Rent out unused space with Airbnb - Try out index funds - Make YouTube videos #2: BUILD RELATIONSHIPS WITH SUCCESSFUL PEOPLE Professional success is important to everyone, but still, success can and does (and definitely should) mean different things to different people. But one fact is universal. Real success, the kind that exists on multiple levels, is impossible without building great relationships. Real success is impossible unless you treat other people with kindness, regard, and respect. After all, you can be a rich jerk... but you will also be a lonely jerk. - They help without having to be asked - They take the undeserved hit - They truly think of others - They step up when they have acted poorly - They know when to dial it back - They value the message by always valuing the messenger - They start small... and are sometimes happy to stay small #3: SAVE TO INVEST There are essentially two strategies for boosting savings and investments: Increase your income and cut your spending. Whether you’re a young adult ready to start saving for retirement, a 50-something ready to pay off your mortgage or a senior citizen living on a fixed income, these tips can help you build savings, reduce debt, boost income and invest wisely. - Pay yourself first - Save for emergencies - Spend less, save more - Lose a habit, gain some savings - Get creative making more money - Get creative making more money - Allocate your assets - Understand investment costs - Stick to an investment plan - Don’t be afraid to ask for help #4: THINK BIG A lot of people say that thinking big is the key to accomplishing your biggest or most complicated goals, but it’s hard to know where to start. Giving yourself some time to sit down and really think about what you want to accomplish is just the first part of thinking big. Creating a plan that you can follow up on, and staying motivated while you tackle your goals a little at a time can help you make a big thought a reality. - Using Your Imagination        * Schedule thinking time        * Entertain the impossible        * Step outside your comfort zone - Setting Goals        * Set attainable goals        * Break up your goal in steps        * Set deadlines for your goals        * Don’t do it alone        * Work consistently - Staying Motivated         * Develop a support system         * Celebrate small victories         * Don’t be afraid of failure NOTE:- Being Rich Is Not Only About Money.....