The California Democratic Party has sort of endorsed the idea of basic income. The concept is now mentioned in theRead more
What’s truly frightening is that Facebook’s audience decline is accelerating. eMarketer predicted that the Social Network will lose 2.1 million members of Generation Z (Americans under 25) in 2018.
The potential losses include 9.3% of users under 11; 5.6% of the users between 12 and 17, and 5.8% of those between 18 and 24, Recode noted. This means that the younger the person is, the less likely he or she is to go near Facebook.Read more
“We could hold Google and Facebook and all those big multinationals accountable; we could make sure that people; like those who are currently ‘voluntarily’ contributing their data to pump up companies’ profits are given something that is adequate to support their livelihoods in exchange,” Fuller said.
Fuller’s idea makes a lot of sense because most of those companies’ values come from the data they collect and disseminate. Figuring out how to charge a tax on that data will be difficult because much of its value is theoretical.Read more
These numbers indicate that Facebook’s ability to generate cash is almost as incredible as the extent of its’ social network. If these numbers are real, Mark Zuckerberg is one of the greatest business geniuses in human history.Read more
This humble fin-tech company has the potential to grow into a platform rivaling Amazon (NASDAQ: AMZN) and Google in size and scope. More importantly, PayPal has the potential to generate amounts of cash similar to those currently churned out by the monster banks or Goldman Sachs (NYSE: GS). PayPal is a value investment for the future.Read more
Those seeking a cheap means of investing in autonomous vehicles would be better served by Ford (NYSE: F) which as trading at $11.94 a share on September 25, 2017, but reported a net income of $3.803 billion and a free cash flow of $4.057 billion on June 30, 2017.Read more
“When I visit campuses and speak to the AI experts, there is a median year of 2050 where they think the self-learning capability of AI will be singular and will be at human-level intelligence,” Breyer said at Institutional Investor and CNBC’s Delivering Alpha conference on 20 September. “So, 2050? Does it happen? There are a lot of people who don’t think that is the case. It is median data from some of the best AI researchers in the world.”Read more
That situation is great for PayPal because it creates vast numbers of new customers. People who get used to paying for everything via their phones will start using PayPal for their banking and online payments. A major opportunity for PayPal is to serve as a pass through solution through which the proceeds of cryptocurrency transactions enter the traditional financial system.Read more
This makes Facebook, the largest media empire in history and Mark Zuckerberg the greatest media baron of all time. Past media tycoons such as Rupert P. Murdoch, Ted Turner, Joseph Pulitzer, Viscount Northcliffe and William Randolph Hearst look like small potatoes when compared with Zuckerberg.Read more
What’s even more frightening is that one bad earnings report from either Amazon or Google might trigger a market crash. Those companies are simply that huge and important to investors; that alone should have us asking if those behemoths are now too “big to fail.”Read more