As a result of the split, the division’s sales shrink from 2.7 to 1.7 billion.
The company is now a stock corporation which, according to its own statements, is predominantly in free float. Napster has around 180 employees worldwide, 10 of them in Germany. The company did not want to give forecasts of future profits or sales in Germany. Source: ntv.de “Sean Parker became a billionaire through Facebook. (Photo: Jordan Strauss / Invision / AP) The warning comes from the former president of Facebook and inventor of Napster: Sean Parker is now extremely skeptical of social media and says: “God only knows what it does to the brains of our children.” The inventor of the Napster music exchange and former president of Facebook, Sean Parker, warns of the consequences of its use Social media. “It literally changes the way you treat society and each other,” Parker said at an event on the US news website Axios in Philadelphia. “It probably strangely disrupts your productivity.
God only knows what it does with the brains of our children. “At the beginning of all social networks there was the question of how to take up as much user time as possible while getting the maximum possible attention. To achieve this goal, Facebook misses its members Every now and then a dopamine kick, namely when another user reacts to the posts. This in turn motivates the users to produce more content and reactions on their part. This mechanism is a cycle, a loop of social confirmation. That is exactly the kind of thing Things a hacker like himself would come up with “since it exploits a weakness in the human psyche”.
The inventors of social media – Mark Zuckerberg, Kevin Systrom from Instagram, but also himself – were aware of this. “And we did it anyway”. He used to say to friends who were skeptical of social media “in the end we will get you too”. In the meantime, he refuses to join the networks himself, said Parker, who became a billionaire through his Facebook shares. Source: ntv.de, ghö / dpa “” The federal government is planning a new debt of 96.2 billion euros for 2021. This became known in Berlin from the Federal Ministry of Finance. From 2022 the government wants to comply with the debt brake in the Basic Law again, but new loans with a total volume of 22.4 billion euros are also to be taken out in the years up to 2024. Source: ntv.de “The Gütersloh media group Bertelsmann has good in the first half of the year thanks to Business of its television subsidiary RTL increased in sales and operating profit.
N-tv also belongs to the RTL group. Earnings before interest, taxes and special items such as capital gains and restructuring costs (operating EBIT) grew by 1.9 percent to 714 million euros from January to June compared to the same period in the previous year. Sales, also driven by Europe’s largest magazine publisher Gruner + Jahr, rose by 1.3 percent to nine billion euros. “The half-year result is good, we are satisfied,” said CEO Gunter Thielen at n-tv. “We’re also confident that the year will look good.” Bertelsmann had forecast growth of three percent for 2007 without taking takeovers into account.best online biology essay writing service The operating return on sales is expected to increase to ten (previous year: 9.7) percent.
The costly legal dispute over the former free music exchange platform Napster led to a sharp drop in profits to 51 million euros from 354 million euros previously. For the first time in its company’s history, Bertelsmann has passed the 100,000 employee mark.
As of June 30, the largest media company in Europe had 101,009 employees worldwide. Splitting up of the book club division Bertelsmann wants to split up its book club division Direct Group.
In North America, CDs, DVDs and books will be marketed directly under the umbrella of the Random House publishing division. In the rest of the world, the club business will continue to be managed by the Direct Group, as the group announced on Monday. With the reorganization, consequences will be drawn from the departure of Direct Group boss Ewald Walgenbach. As a result of the split, the division’s sales shrink from 2.7 to 1.7 billion.
Euro. In future, the Direct Group will be the smallest corporate division of the Bertelsmann Group. Fernando Carro, who already gained experience as managing director of the Spanish and German clubs, will be the new head of Direct Group. Source: ntv.de “News and information at a glance of all power and hundreds of billions of euros against the fact that the corona pandemic turns into an economic crisis. At the same time, tax revenues are likely to fall.
Finance Minister Scholz confirms that the federal budget will have a high deficit for the first time in years. The tools are on the table, said Finance Minister Scholz. Germany will help the economy through the Corona crisis. This is not yet reflected in the budget planning. After two crashes of its 737 Max aircraft, Boeing is not only banned from take-off, but is also covered with claims for damages.
Now the US aviation group is apparently considering new debt and an investment freeze, which will probably also affect the development department. For years, the federal government has sworn by a balanced budget with no new debt. Investments in climate protection, in particular, could shake the black zero. CSU politician Weber is shocked by the debate and warns of Europe-wide consequences. For the past five years, the federal budget has managed without new debt.
However, climate protection could now cost billions. In order to cover the expenses, the black zero would have to fall – corresponding mind games already seem to exist. But there is resistance to this. In the debt dispute with Italy, the EU Commission waived criminal proceedings.
After Rome had promised to reduce its new debt, a debt-based deficit procedure was “no longer justified at this point,” said EU Economic Commissioner Moscovici. Countries like Luxembourg and Estonia are setting good examples when it comes to debt and spending planning. It is thanks to them and other countries that the European Union now has a lower budget deficit on average. However, there are still some problem children.
In order to appease the “yellow vests” demonstrators in his country, French President Emmanuel Macron makes concessions in the billions. This should have consequences at the EU level, demands EU budget commissioner Günther Oettinger. The announced tax policy causes a violent wave of protests in France. President Macron is rowing back and increasing the minimum wage, among other things.
The measures go into the money. The planned new debt of 2.4 percent drives a wedge between the Italian government and the European Union. At a meeting with Commissioner Juncker, the Italian Prime Minister Conte now has a new number in his luggage: “An enormous number of films, music and software are available on the Internet and can be downloaded with surprisingly little effort. The file-sharing scene in which these files are exchanged has grown rapidly since the pioneering Napster program was invented.
If the film and record industry succeeds in strikes against exchange networks and software, new programs follow immediately. The presentation of the current data exchange technologies can therefore offer nothing more than a snapshot. File sharing, i.e. the sharing of files, is based on the members of the network releasing their hard drives or parts of them and making the files available to all other users. More users, more speed Programs like Emule and KaZaa manage the exchange, i.e. the uploads and downloads. They also offer a search function that can search all other members’ hard drives for files.
These other users are the sources from which it is loaded. It is not only loaded from one source, but if possible from all computers on which the file is saved. The speed increases with every additional source. Which files are on which computer and whether it is currently online is managed on central servers.
Their performance limits the speed of downloads. The stronger the server, the more users it can manage and the faster the download becomes. The users’ data, i.e. their IP addresses, are stored on these servers. If the server is confiscated, it can be traced back who offered which files and when. Bit torrent does not need a server This weakness is bypassed by Bit torrent programs such as -Torrent and Azureus. You don’t need a central server.
However, there are no search functions for this. Control files called torrents must be downloaded. These contain information about the actual file and a search program that searches for the providers of the file.
Torrents must first be searched for and downloaded from the Internet. With a 700 MB movie, the torrent file is around 30 KB, so it can be easily sent as an email attachment. With BitTorrent, parts of the file can also be downloaded by users who only have unfinished parts of the entire file. This increases the number of sources by the number of users who have previously only loaded individual parts. Since the file exchange is not tied to a central server and can be downloaded from all available sources at once, the speed is only limited by your own internet bandwidth. This is why torrent programs are much faster than conventional file sharing sites. Loading without a program The exchange via RapidShare works entirely without a program.
Bertelsmann announced that the federal court in New York had filed for dismissal of three claims for damages. The claims for alleged copyright infringement had no basis in US law, it said. The world’s fifth largest media group had given loans of more than 80 million dollars to the now insolvent music exchange market since 2000. Originally Napster was to be taken over and converted into a subscriber service. With this commitment, Bertelsmann promoted the illegal distribution of copyrighted music titles, accuse the plaintiffs, including Universal Music and the British EMI Group, of the group.
The damage caused was last put at 17 billion dollars. The granting of a loan to an alleged copyright infringer is not a basis for a claim for damages against the lender, argues Bertelsmann. So far, no US court has followed this view. A judge in Northern California has already dismissed a similar lawsuit against venture capitalist and Napster partner Hummer Winblad. The plaintiffs now have until mid-August to respond to Bertelsmann’s dismissal of the lawsuit. All announced that they would hold on to their complaints.
Bertelsmann was not a passive investor who only granted loans to Napster, according to Universal Music. Bertelsmann took control of the music exchange exchange Napster and contributed directly and materially to the copyright violations of Napster users. EMI is of the opinion that Bertelsmann encouraged the theft of copyrighted music by investing millions of dollars and managing resources.
Napster had at times up to 60 million users who were able to search for and exchange music for free over the Internet. In the fall of 2002, a US bankruptcy court blocked the sale of Napster to Bertelsmann. Finally, the US software company Roxio took over the service, which is now to be operated as a legal offer. Source: ntv.de “” Lars Feld teaches at the University of Freiburg and is chairman of the Advisory Council. (Photo: picture alliance / dpa) The federal government is calculating in view of the Corona crisis with a record debt of over 156 billion euros. No problem, says the new chairman of the expert council.
Rapid normalization is important, however. Lars Feld’s economy believes that high levels of new federal debt in the Corona crisis are justified. “If the share of debt in the gross domestic product rises from 60 percent to 80 or 90 percent, the financial soundness of the country is not called into question,” said the newly elected chairman of the expert council of “Welt am Sonntag”. Germany would even cope with an increase in national debt from currently two to three trillion euros, said Feld. It is absolutely correct that the federal government should use the clause built into the law from the beginning for emergency situations and put the debt brake in effect.
In the current situation, quick and unbureaucratic help is essential, and Feld also called on the federal government to develop an exit strategy. “The state cannot do everything that is necessary until Saint Never’s Day, as the federal government has just promised.” The time of tough interventions in economic life must be limited. “I have great doubts that we can hold out the standstill for more than three months.” The medical strategy must be reconsidered by May at the latest. “At some point we will have to move on to personalized isolation.” Then the shops would have to reopen, only those who were infected or belonged to a risk group would remain in quarantine. In the coming week, the federal government wants to launch a huge rescue package for the economy in the fight against the corona crisis. A new debt of 156 billion euros and a rescue package of up to 600 billion euros are planned. The cabinet is due to adopt the supplementary budget on Monday, which provides up to 50 billion euros in aid for solo self-employed, small businesses and mini-businesses.
In addition, the Ministry of Labor relaxes the Hartz IV rules for a period of six months. According to the plans, the debt brake set in the Basic Law will be exceeded by around 100 billion euros.