Zuckerberg Loses $3.3 Billion After Facebook Change

Facebook co-founder Mark Zuckerberg is paying the price for the latest changes to the social networking site, losing nearly $3.3 billion of his personal net worth, according to a Forbes calculation. The 4.4 percent drop came just after Zuckerberg’s announcement that Facebook would change its algorithm to make people’s news feeds more focused on friends and… Please follow and like us:

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Apple iCloud Users Swept up in Chinese Migration

Apple iCloud users in the United States appear to have been unwittingly caught up in the company’s plan to hand control of local users’ data to a state-owned Chinese company. Apple announced on Wednesday, December 10, that local user accounts for its iCloud services in mainland China would be handled by internet services firm Guizhou-Cloud Big… Please follow and like us:

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Andres Oppenheimer: My biggest fear for 2018? That ‘Alexa’ and other intelligent machines will go crazy

As 2018 gets started, there are many dire warnings about the dangers facing the world, from a war with North Korea to an explosion of violence in the Middle East. But I have a more mundane fear: that the robots and algorithms that we are incorporating into our daily lives will suddenly go crazy. You may… Please follow and like us:

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Google moved 16 bn euros to Bermuda to avoid tax: Bloomberg

Google moved 15.9 billion euros ($19.2 billion) to a Bermuda shell company in 2016, saving it billions of dollars in taxes that year, Bloomberg reported on Wednesday, quoting regulatory filings in the Netherlands. Google uses two structures, known as a “Double Irish” and a “Dutch Sandwich”, to shield the majority of its international profits from taxation,… Please follow and like us:

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Trust in digital technology will be the internet’s next frontier, for 2018 and beyond

By Bhaskar Chakravorti, Senior Associate Dean, International Business & Finance, Tufts University. Trust in online systems varies around the world. Sergey Nivens/Shutterstock.com After decades of unbridled enthusiasm – bordering on addiction – about all things digital, the public may be losing trust in technology. Online information isn’t reliable, whether it appears in the form of news,… Please follow and like us:

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How to find the best apps—and avoid the duds

Become an expert app hunter. Download only the best apps for your device. Apple To make your life as convenient and productive as possible, you should fill your phone with the most fun and useful apps available. But with millions of app-store listings to check out, you can easily waste time on pointless or even dangerous… Please follow and like us:

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Social media companies should ditch clickbait, and compete over trustworthiness

By Aram Sinnreich, Associate Professor of Communication Studies, American University School of Communication and Barbara Romzek, Professor of Public Administration and Policy, American University. It’s time to build trust. Arthimedes/Shutterstock.com Social media websites and online services, created to profit from connecting people and encouraging global conversations, have a deep and troubling dark side. Malicious users have… Please follow and like us:

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Facebook, Twitter Threatened With Sanctions in Britain

Social media giants Facebook and Twitter could face sanctions in Britain if they fail to be more forthcoming in providing details about Russian disinformation campaigns that used their platforms in the run-up to last year’s Brexit referendum, the chairman of a British parliamentary inquiry committee warned. The companies have been given until January 18 to hand… Please follow and like us:

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12 bad tech habits you need to resolve to stop doing this New Year

Give 2018 a fresh start. A new year, a new start with your apps and gadgets. Annie Spratt/Unsplash Your brain may make New Year’s resolutions hard to keep, but that doesn’t stop us from promising to improve our lives each December. As 2017 turns into 2018, make sure you don’t forget about bettering your digital life… Please follow and like us:

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Morgan Stanley Quants: Volatility Ahead, FAANG Could Fall Much Further

Has the love affair with FAANG stocks ended? Just as Bank of America Merrill Lynch was pointing out that technology stocks started to become a crowded trade, along comes Morgan Stanley analysis that breaks down the beta factor performance models. In short, they see volatility ahead — which can disrupt existing momentum trades. When looking at… Please follow and like us:

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Cryptocurrency ICOs Must Stop Flying Blind On Money-Laundering Risks

Companies have raised as much as $4 billion this year through token crowd sales, or Initial Coin Offerings, a new mechanism that many startups using blockchain technology in some way have used to bypass traditional venture capital funding routes. That is a lot of money flowing to entities to fund their ideas and develop their products.… Please follow and like us:

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New reason to fear Google, Facebook

The threats to freedom of thought aren’t coming from the government these days, but from corporate America, says a columnist in the Wall Street Journal. Kind of a groupthink, which Psychology Today speaks of as the result of members of a group valuing “harmony and coherence over accurate analysis and critical evaluation.” “It causes individual members… Please follow and like us:

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‘Star Wars: The Last Jedi’ Rotten Tomatoes User Reviews Tanked By 4Chan Campaign?

“Star Wars: The Last Jedi” has been a box office success, racking up more than $220 million during its opening weekend, and is a hit with critics but its audience score on Rotten Tomatoes is barely floating above 50 percent as the result of what appears to be an organized review bombing campaign. Of the more… Please follow and like us:

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MS: FAANG Hot Streak Coming To An End

Facebook, Apple, Amazon, Netflix, and Google (Alphabet) have been the market’s top stocks in 2017, but what does next year hold for these tech behemoths collectively known as the FAANGs? According to a recent research note from analysts at Morgan Stanley, collectively the FAANGs have added 4.3 percentage points of market capitalization to the S&P 500… Please follow and like us:

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SOCIAL MEDIA – Former execs say Facebook ‘exploits’ psychology to addict users

Facebook responded Tuesday to criticisms from a former executive who said the social media giant’s addictive nature was “ripping apart the social fabric”, saying it was working to understand the platform’s effects on “well-being”. The social media giant issued its statement after Chamath Palihapitiya, a former Facebook vice-president for user growth between 2007 and 2011, said… Please follow and like us:

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