Category Archives: SEO Page Rank

Apple keeps leaking its new iPhones before they're announced, and it has no one to blame but itself (AAPL)

iphone 8 dummy mkbhd

For the last two years, the details about Apple’s latest iPhones have leaked before they were officially announced. And both times, the leaks were completely Apple’s doing.

Last year, just hours before its big iPhone 7 event, Apple’s Twitter account accidentally released a 15-second video that revealed the iPhone 7. The video confirmed the look and name of the new phone, as well as one of its colors (black) and biggest features (water-resistance).

Apple then tweeted two more times: It released another 15-second video showing the release date for the iPhone 7, and another tweet listing the iPhone 7’s major features. Both tweets were deleted shortly thereafter, but the damage was already done. Apple’s big iPhone 7 reveal was “spoiled” by the company’s own Twitter account.

This year, two of the biggest leaks that reveal the next-generation iPhone also came from within Apple.

In early August, code for Apple’s HomePod speaker revealed important details about the next-generation iPhone, including its user interface and the now-famous “notch” at the top of the phone, where the display is cut out to make room for the phone’s front-facing cameras and sensors.


And this past weekend, the final version of iOS 11 leaked on Reddit, which revealed key details about the new iPhones Apple will unveil on September 12. We learned the likely names of these phones — “iPhone 8” and “iPhone 8 Plus” will look like the iPhone 7 with some updates, whereas the forthcoming “iPhone X” will be a completely redesigned phone. We also learned about key features of the iPhone X, including a new system to unlock the phone called FaceID, new animated emojis  — called Animoji — that mirror your actual facial expressions and speak using your voice, and much more.

After details from the iOS 11 leak surfaced online, there was a great deal of finger-pointing. Some people were upset that blogs and media outlets chose to cover these “spoilers,” while others pushed back to say that these details still wouldn’t “spoil” Apple’s event, since the leaks cover many of the phone’s features but not necessarily its final look or implementation.

But regardless of how you feel about these leaks and how they were covered, the truth is that Apple is ultimately at fault here. Apple takes a great deal of pride in keeping its new products a secret before they’re unveiled — Apple even recently said it’s cracking down on leaks. But in the case of the iPhone X, Apple’s most important product in years, Apple’s own code ruined some of the surprise, like the name, the big screen, and some of the key features like FaceID. It’s unfortunate that Apple couldn’t keep the lid on the new iPhone, but it will be interesting to see what, if anything, Apple chooses to do about the amount of revealing information it hides inside its own code moving forward.

SEE ALSO: Everything we know about the ‘iPhone X’ coming September 12

DON’T MISS: Forget the iPhone X — the iPhone 7 is going to be an incredible deal soon

Join the conversation about this story »

NOW WATCH: This machine lets you charge your device wherever you are in the room

Microsoft Office 2010
Fatal error: Call to a member function xpath() on a non-object in /home1/mylifeco/public_html/ on line 129

Technorati Tags: , , , , ,

A self-driving-car startup filled with ex-Apple engineers is talking to Softbank about a funding round that could value it at $3 billion (AAPL)

Self Driving

Zoox, a stealthy self-driving-car startup, is in talks with Japan’s Softbank about raising a big round of funding, Axios’ Kia Kokalitcheva reported on Monday.

The new round could value the three-year old Silicon Valley startup at a hefty $3 billion to $4 billion, according to the report.

Zoox has been testing a fleet of autonomous cars in California since March 2016. Business Insider recently spotted an unmarked autonomous car in San Francisco which appears to be the latest Zoox prototype. 

The Axios report did not specify how much money Zoox is looking to raise.

Zoox has raised more than $250 million in funding so far, and the new cash infusion could help it ramp up its plans as it competes in a crowded field dominated by tech heavyweights like Uber, Tesla, Apple and Google spinoff Waymo. 

Zoox has made some big hires in recent months.

Seventeen Apple engineers left the tech giant in August to join Zoox, Bloomberg reported. Mark Rosekind, the former head of the National Highway Traffic Safety Administration, joined Zoox in April as Chief Safety Innovation Officer. Corrado Lanzone, Ferrari’s former operations director, joined Zoox in May as its vice president of manufacturing operations.

Representatives for Zoox and Softbank did not immediately return Business Insider’s requests for comment.

Softbank has invested in a variety of players in the autonomous-car space, including NVIDIA and Nauto.

SEE ALSO: PHOTOS: A mysterious self-driving Toyota with a stealthy paint job was spotted cruising around San Francisco

FOLLOW US: on Facebook for more car and transportation content!

Join the conversation about this story »

NOW WATCH: A $1 billion city is being built in New Mexico — but no one will be allowed to live there

Microsoft Office 2010
Fatal error: Call to a member function xpath() on a non-object in /home1/mylifeco/public_html/ on line 129

Technorati Tags: , , , , ,

Windows 10 Tip: How to make Start full screen

Happy Monday! Today, we’re going to show you how you can resize your Start screen, or make it full screen.

To make Start full screen and see everything in one view, select the Start button, then select Settings > Personalization > Start, and then turn on Use Start full screen.

Use Start full screen

The next time you open Start, it will fill the entire desktop. Select All apps on the left-hand side for a full-screen view of all your apps and programs, or stick with Pinned tiles for a more dynamic view.

All apps

If you’d just like to make your Start menu to make it taller or wider, select the top or side border and drag it.

Make your Start menu to make it taller or wider

Check out last week’s Windows 10 Tip, in case you missed it:

Have a great week!

Technorati Tags: , , , , ,

7 New York City execs share the very first thing they do when they get into the office

Alexi Nazem

  • Business Insider asked seven New York City-based execs about the first thing they do when they get into the office.
  • Some hold meetings while others work solo on a project.
  • Many check in with their teams — even if those teams are across the world.

The first hour or so of the workday can be rough.

There’s always the temptation to dive straight into your inbox — and potentially stay there for the rest of the day.

Or, you might sit twiddling your thumbs because you didn’t plan accordingly and have no idea which task to tackle first.

These problems are only exacerbated if you’re a top executive juggling multiple priorities, and everyone’s demanding a piece of your time.

To find out how said executives approach this issue, we asked seven New York City-based CEOs and company founders how they like to kick off their workday. Read on to see how the super busy and powerful manage their time.

SEE ALSO: 9 New York City CEOs share the morning routines that set them up for success

Ryan Williams, the cofounder and CEO of Cadre, gets email out of the way.

Cadre is an online real-estate marketplace that connects approved sellers and high net-worth individuals.

Once I’m in the office, I like to use that time to respond to email.

I read a book recently called “Deep Work” by Cal Newport. The thesis is that it’s really important to give yourself space to think. Your greatest insights often come when there’s the fewest distractions.

To that end, I like to focus on email at six points in the day [the first is in the early morning] so I can spend most of my day focused on the big picture, which manifests itself in meetings with my management team.

Scott Britton, the cofounder of Troops, concentrates on a project.

Troops creates Slackbots for sales teams.

I’ll quickly look over my email. If there’s nothing urgent, I try to do something that is not reactive, that’s more of a project-based piece of work that takes dedicated time. Generally, it’s trying to get the most important thing done, which is not typically email.

For me, it’s very easy once I get in email-reaction mode to be doing that all day and not doing any high-level work. So I try to avoid that as long as possible and try to knock out whatever the most important thing is.

Kenny Dichter, the founder and CEO of Wheels Up, checks in with the troops.

Wheels Up is a membership-based private aviation company.

I walk around the office and I say “hello” to everybody. We’re in the hospitality business, so it’s important that I check in with all the troops.

See the rest of the story at Business Insider

Technorati Tags: , , , , ,

Forward Partners raised £60 million from BlackRock to invest in artificial intelligence

Nic Brisbourne

  • British venture capital firm Forward Partners has raised £60 million from a sole investor — BlackRock — for its second fund.
  • Forward Partners wants to invest in “applied” AI startups, which use artificial intelligence to solve a specific problem, like drug discovery.
  • AI is tech’s hottest investment area right now, with VCs ploughing $5 billion (£3.8 billion) into startups through 2016.

Early stage UK venture capital firm Forward Partners has raised £60 million from a single institutional investor, BlackRock, and plans to invest in one of the hottest areas in tech — artificial intelligence (AI).

The fund closed in March, but Forward Partners has never revealed the backer beyond saying there was a solo institutional investor.

Business Insider examined public filings on Companies House, which show BlackRock invested through a diversified growth fund.

Founder partner Nic Brisbourne, formerly a partner at DFJ Esprit, said the firm wants to invest its second fund in AI startups working on a viable product, which he describes as “applied AI”.

He cited SwiftKey, as an example, a predictive keyboard for mobile which uses AI to work out what a person might type next. That was acquired by Microsoft for $250 million (£189 million) last year. Brisbourne believes applied AI startups could pop up across data-reliant industries such as healthcare, financial technology, travel, and pharmaceuticals.

The company has invested in three startups to date from the new fund. They comprise Empowered, which uses AI to process research and development tax claims, realtime messaging platform Ably, and events startup Epic which will have an AI element “down the road.” Forward is in the process of investing in a further three startups, Brisbourne added.

Brisbourne plans to avoid startups like DeepMind, the AI firm acquired by Google for £400 million in 2014. That’s because DeepMind, despite that impressive exit and achievements like beating the world’s best Go player with an algorithm, isn’t about to start generating substantial revenue.

deepmind alphago round two lee sedol go

“It’s very difficult investing in businesses that are predicated on advancing research, at the early stages,” Brisbourne told Business Insider. “At the early stages, there’s a bunch of clever people [and] if you look at what progress they’re likely to make in the 12- to 16 months after your investment, it’s likely to be more research, a breakthrough in ideas, and maybe some kind of prototype.

“It’s very difficult to evaluate whether they’re making progress over the course of the year, and difficult to know whether next round of investors will put a lot of value on the work they’ve done.”

Exits like DeepMind’s are also rare for pure AI startups. Matt Wichrowski, currently head of funding at Entrepreneur First, noted in a 2015 blog post that pureplay artificial intelligence startups tend to make poor VC investments because they exit too early.

Lots of investors are piling into AI right now

CBInsights artificial intelligence AI funding

Brisbourne wants to land around 50 deals over “the next few years”. He has increasing competition: Venture capitalists invested $5 billion (£3.7 billion) in AI startups globally in 2016, up around 65% year on year, according to CBInsights.

Forward Partners’ latest fund focus comes as Brisbourne’s cofounder Martyn Holman leaves the business.

A spokesman for the firm confirmed Holman’s departure and said: “After almost a year as a partner at Forward Partners, Martyn took a personal decision to transition from the business and channel his energy into pursuing other career avenues outside of VC.”

Join the conversation about this story »

NOW WATCH: Why ZIP codes have 5 numbers — and what they each mean

Technorati Tags: , , , , ,

YouTube's biggest star, PewDiePie, used a racial slur in an expletive-laden outburst during a livestream

YouTube’s biggest star, Felix “PewDiePie” Kjellberg, used a racial epithet on Sunday in an expletive-laden outburst during one of his popular livestreams.

The Swedish web personality was broadcasting himself playing the survival game “PlayerUnknown’s Battlegrounds” when he used a derogatory word for African-Americans.

“What a f—–g n—–!” Kjellberg said. “Jeez! Oh my god! What the f—? Sorry, but what the f—?”

Here’s a clip of the moment:

Kjellberg was streaming the game on his YouTube channel, which has more than 57 million subscribers and is the platform’s most popular by far. The livestream was being viewed by more than 30,000 people when he used the racial slur.

After Kjellberg uttered the slur, he said, “I don’t mean that in a bad way,” before trailing off and laughing again.

Though Kjellberg usually leaves his livestreams up as archived sessions after they’re over, this one — titled “CALIFORNIA ROLL” — isn’t available.

This isn’t the first time Kjellberg has used stirred controversy. Earlier this year, the Wall Street Journal published a story detailing several instances of Kjellberg using anti-Semitic imagery and phrases in his videos.


As a result of that report, a deal with Disney and a produced YouTube show starring Kjellberg were canceled.

And already on Sunday evening, at least one prominent video game developer said his company’s games won’t be allowed for use in future PewDiePie videos.

“I am sick of this child getting more and more chances to make money off of what we make,” Sean Vanaman, co-founder of the game studio Campo Santo and co-director of the popular game “Firewatch,” wrote on Twitter. “He’s worse than a closeted racist: he’s a propagator of despicable garbage that does real damage to the culture around this industry.” 

Kjellberg’s stream of “Firewatch,” which Vanaman said had around 5.7 million views, has seemingly already been taken down.

“We’re complicit,” Vanaman wrote. “I’m sure we’ve made money off of the 5.7M views that video has and that’s something for us to think about.”

It’s unclear how YouTube will respond, if at all. A request for comment was not immediately returned on Sunday.

SEE ALSO: YouTube’s biggest star is in hot water over anti-Semitic ‘jokes’ — here’s what’s going on

Join the conversation about this story »

NOW WATCH: WATCH: An anti-Nazi film is going viral after the Charlottesville white-supremacist rally

Technorati Tags: , , , , ,

Twitter has an unlaunched tweetstorm feature

 Subverting the 140 character limit by chaining tweets together into a cohesive “tweetstorm” takes some know-how, or you’ll screw it up. Luckily Twitter has built but not yet launched a feature for easily composing tweetstorms. Hidden inside the current Android app is a way to write out a tweetstorm and see it broken into distinct tweets, then tweet them all at once.
By… Read More

Technorati Tags: , , , , ,

Don’t count on any Apple fireworks on Wall Street next week

 Barring Apple coming out with a delayed launch date for the next-generation iPhone, the guts of which are basically laid out on the Internet already, Apple’s shares are probably not going to see the kinds of explosive activity you might expect around something as hyped as a massive iPhone revision. Instead, Wall Street — which has spent months and months modeling Apple’s… Read More

Technorati Tags: , , , , ,

Hurricane Irma is hammering Florida as a Category 4 storm — here's the latest

Hurricane Irma satellite

  • Hurricane Irma made landfall in the Florida Keys at 9:10 a.m. ET Sunday.
  • After pummeling the islands, the storm has started its journey up the west coast of Florida.
  • Florida Gov. Rick Scott urged Floridians in evacuation zones to leave if they haven’t yet.
  • Irma slammed into several Caribbean islands as a Category 5 storm on Wednesday and Thursday, killing at least 23 people.
  • Many parts of Florida and Georgia are under mandatory evacuation orders.

Hurricane Irma made landfall at Cudjoe Key in the Florida Keys at 9:10 a.m. ET on Sunday, according to the National Hurricane Center. This is the first time in recorded history that two Category 4 storms have made landfall in the US in the same year.

After pummeling the Keys, the storm has started to move north toward Florida’s Gulf Coast, eyeing population centers including Tampa and St. Petersburg. Irma arrived in Florida after steamrolling several Caribbean islands and leaving at least 22 dead.

Earlier on Sunday, the storm regained strength to become a Category 4 hurricane, with the risk of life-threatening storm surges.

Hurricane warnings are currently in effect for many parts of the Florida coast and some provinces of Cuba. Florida’s hurricane warnings extend from Fernandina Beach south around the peninsula to Indian Pass, and also include the Florida Keys, Lake Okeechobee, and Florida Bay.

Irma also began spinning up funnel clouds near South Florida on Saturday evening, prompting at least one tornado to touch ground in the Fort Lauderdale suburb of Oakland Park, according to the National Weather ServiceTornado warnings were also issued for Fort Lauderdale, Coral Springs, Pompano Beach and Sunrise in Broward County, as well as parts of Palm Beach County, Hendry Counties, and Miami Dade County.

Storm-surge warnings are in effect from South Santee River southward to Jupiter Inlet and North Miami Beach southward around the Florida peninsula to the Ochlockonee River, as well as in the Florida Keys and Tampa Bay.

If Irma hits Florida at high tide, water levels there are expected to rise to 10 to 15 feet above ground from Cape Sable to Captiva.

Hurricane Irma Miami

Florida Gov. Rick Scott said at a press conference Saturday evening that more than 6.5 million Floridians have been ordered to evacuate, and more than 70,000 have taken refuge in more than 385 shelters. By Sunday morning, that number reached 114,000 people in 500 shelters statewide.

He added that the state could see as much as 18 inches of rain, and the Florida Keys could see up to 25 inches.

“Everyone in Florida needs to find a safe place to go,” Scott said, urging any residents still in evacuation zones to leave. He also urged evacuees to be patient and not return to their homes after Irma passes, until local officials confirm it is safe to do so.

More than 1.3 million homes and businesses had lost power by Sunday morning.

“Millions of Floridians will see major hurricane impacts with deadly, deadly, deadly storm surge and life-threatening winds,” Scott said Saturday morning. “15 feet of impact above ground level — think about that — 15 feet is devastating. It will cover your house.”

President Donald Trump on Saturday evening urged everyone in Irma’s path to “get out of the way.”

“This is a storm of enormous destructive power,” Trump said at a Cabinet meeting. “Property is replaceable, but lives are not. And safety has to come first.”

Irma’s intensity

hurricane irma

Irma is one of the most powerful Atlantic hurricanes in recorded history, and has already killed at least 23 people as it wreaked havoc in the Caribbean, according to reports. The storm’s winds are as powerful as those of a tornado, which can tear off roofs, level homes, toss cars, overturn trains, and uproot large trees.

At its strongest, Irma’s wind speeds hovered around 185 mph, with gusts of more than 215 mph.

Initial damage from the storm was observed on Wednesday in Barbuda, an island east of Puerto Rico. Gaston Browne, the prime minister of Antigua and Barbuda, said Barbuda was “totally demolished,” with 90% of its buildings destroyed. Communication with the island was cut off because of the destruction. As Hurricane Jose approached the island on Friday, Barbuda officials worked to evacuate the entire population of 1,800.

Irma also destroyed an estimated 95% of buildings in parts of St. Martin and devastated popular tourist destinations in St. Barts. It slammed the Virgin Islands before passing just north of Puerto Rico. Winds were still strong enough to cut off power to half of Puerto Rico’s residents, however, and reports suggest some may not regain electricity for months.

Irma is now a Category 4 storm, but officials caution that it should not be referred to as “downgraded” just because it was Category 5 before — it’s still a catastrophic storm with major population centers in its path, and it’s likely to gain more strength before making landfall on the Florida peninsula.

“Irma is expected to make landfall in Florida as an extremely dangerous major hurricane, and will bring life-threatening wind impacts to much of the state regardless of the exact track of the center,” NHC wrote in its Saturday morning forecast. Both the storm surge and flash-flooding are life-threatening, NHC wrote Sunday.

As seen with Hurricane Harvey, which made landfall late last month as a Category 4 hurricane but caused most of its damage with heavy rain, the number doesn’t always accurately predict a storm’s impact.

I fear that people will say, ‘Oh, it is only Category 4 now, we are safe’ … This would be devastating and potentially deadly.

“I fear that people will say, ‘Oh, it is only Category 4 now, we are safe,'” Marshall Shepherd, a meteorologist, wrote early Friday. “This would be devastating and potentially deadly. It is a Category 4 storm with a track that will bring it directly into South Florida with the most populated cities of the region on the dangerous right side of the eye.”

Irma is now passing over some of the warmest water it has encountered, which could help it maintain its intensity or even pick up steam.

The storm also threatens the Caribbean and US with storm surge, a crest of water formed ahead of a storm by powerful winds. The National Hurricane Center suggests that parts of the Bahamas, for example, may see water levels rise 20 feet above a typical high tide, though forecasts differ greatly among regions.

In Havana, waves crested 36 feet on Sunday, forcing Cubans and tourists to evacuate inland.

Irma heads to Florida

The NHC’s latest forecast for Irma shows that after passing directly over the Florida Keys, the storm has started to move to western side of the Peninsula, where it’s likely to make landfall again before affecting the panhandle and heading into Georgia.

Regardless of exactly where the eye makes landfall, Irma is big and powerful enough to affect most of Florida. The storm is almost as large as Texas — wide enough that both coasts could experience hurricane-force winds.

irma forecast sun 11 am

On Sunday morning, storm surge already flooded streets in Miami and high winds caused a massive crane to collapse onto a building.

Most predictive models show the center of the storm coming quite close to a devastating direct hit on Tampa or Ft. Myers.

On Sunday, water from as far away as Tampa was already starting to be sucked out by the storm — all ready to come rushing back in with storm surge.

US and state officials have been urging people to ready their emergency plans and supplies for days — and time has almost run out. Almost 7 million people have been told to evacuate, leading to traffic jams and fuel shortages across the states.

 “We are running out of time … You need to go now,” Scott said on CNN Friday morning, urging anyone in an evacuation zone to flee immediately. “This is a catastrophic storm that our state has never seen.”

Scott said all Florida residents should be prepared to leave if necessary.

But the large population of elderly and frail residents of the state complicated evacuation efforts, overwhelming shelters.

We’ve been all over Florida today, seeking shelter,” Jack Shively, 85, told Reuters, after he and his wife were turned away from three locations.

To prepare for Irma, Scott ordered all 7,000 members of Florida’s National Guard to report for duty on Friday morning. President Donald Trump declared states of emergency in Florida, Puerto Rico, and the US Virgin Islands on Tuesday evening to free up federal resources for a major response to the storm.

Power outages are already beginning to spread in Florida — more than 1.3 million customers are without power, and some areas will likely lack electricity for weeks.

The growth of a monster storm

Irma formed off the coast of western Africa last week and almost immediately started crossing the Caribbean Sea. Phil Klotzbach, a meteorologist at Colorado State University specializing in Atlantic hurricanes, told Business Insider that a combination of conditions — including a warm tropical Atlantic, a weak wind shear, and a change from drier to wetter weather — made it easy for Irma to pick up strength.

Irma officially became a named storm on August 30 and was classified as a hurricane the next day. Since then, it has gained and kept strength from the moisture of unusually warm waters in the Atlantic Ocean and the Caribbean Sea. Its sustained wind speeds of 185 mph for 37 hours set a record for the longest a cyclone has maintained that intensity.

irma compared to other hurricanes

James Belanger, a senior meteorological scientist with The Weather Company — the group behind the Weather Channel and Weather Underground — told Business Insider that it was “possible the storm could strengthen further” as it passes over warm waters near the Bahamas.

“One of the things we need to keep in mind is that some of the guidance is that the storm is going to maintain [strength],” he said.

A busy hurricane season

Irma, the season’s fourth hurricane, has already put the Atlantic far ahead of the average accumulated cyclone energy — a measure of the energy of tropical cyclone systems — for this time of year. Klotzbach said that half of a season’s cyclone energy usually occurs in September. But as of Wednesday, there had already been enough to meet the definition of an average season.

Both Colorado State University and The Weather Company predicted an unusually active hurricane season this year. Irma is the fourth hurricane of 2017, though the average date of the fourth hurricane in a year is September 21. This week, three hurricanes — Irma, Jose, and Katia — were swirling in the Atlantic, though the peak of the season is not until September 10.

Katia Irma Jose hurricanes

Jose, a Category 4 hurricane east of Irma, threatened some of the same Caribbean islands that Irma has already devastated, though it appears likely that it’ll stay to the north of populated areas for now. Katia made landfall in Mexico late Friday night, and has since been downgraded to a tropical depression.

A hurricane’s category is determined by its wind force — here’s what the scale means:

Saffir-simpson hurricane scale

This is a developing story. Find all of Business Insider’s latest Hurricane Irma coverage here.

SEE ALSO: Early photos show Hurricane Irma devastating the Caribbean

DON’T MISS: Here are all the areas in Hurricane Irma’s path and when the storm could arrive

Join the conversation about this story »

NOW WATCH: Hurricane Irma slams the Florida Keys — here are the latest updates on the massive storm

Technorati Tags: , , , , ,

Trader allegedly paid Amazon employee and frat bro $10,000 to steal earnings results in $1.7 million insider trading scam (AMZN)

amazon warehouse fulfillment center

It’s a bad idea to engage in insider trading. An even worse idea is going on social media to brag about the nonpublic information you have obtained.

That’s what the Securities and Exchange Commission alleged Maziar Rezakhani did after paying an Amazon employee $10,000 cash for early access to the company’s earnings results.

In a release Thursday, the SEC alleged that Rezakhani paid Brett Kennedy, a brother in his fraternity and an Amazon financial analyst at the time, for access to 2015 first-quarter earnings results. Kennedy is no longer an Amazon employee.

Rezakhani then allegedly went on “at least two trading-related internet communications platforms” to forecast that Amazon would earn $22.7 billion in revenues and lose $0.12 per share, according to the SEC. Even a “5 year old can guess what they will do,” because the “numbers are so obvious,” Rezakhani allegedly wrote. He bought $1.7 million of Amazon stock and made more than $116,000 in profits based on the results, according to the Department of Justice

Their plan was to open a hedge fund in New York after making a number of successful trades through Rezakhani’s brokerage account, the SEC alleged. 

To make trading fair, the SEC prohibits anyone from trading while in possession of so-called material nonpublic information. Rezakhani “failed to predict that we would catch him and his accomplices in their illegal scheme,” the SEC said. 

Rezakhani and Kennedy settled with the SEC for about $30,000 combined without admitting to or denying the allegations. Kennedy also pled guilty to insider trading in a separate action in hopes a securing a deal in which he serves about one year in prison.

Amazon declined to comment.

SEE ALSO: BANK OF AMERICA: Here’s how to make a killing from the next tech boom with ‘limited risk’

Join the conversation about this story »

NOW WATCH: SRI-KUMAR: Watch the bond market for signs of a recession

Technorati Tags: , , , , ,