Chris Daniels Chris Fox facebook Op-ed 

Departing Facebook Execs Give Thumbs Down to Zuckerberg’s Latest Plans

Chris Cox. Photo from Facebook. Facebook chief product officer Chris Cox is calling it quits with the company following creative differences with chief executive Mark Zuckerberg. Joining him is Chris Daniels, who was formerly in charge of the company’s WhatsApp platform. Both were members of Zuckerberg’s inner circle. Their leaving signifies potential turmoil for the company as its focus for the future changes. Moving on to Other Ventures In a recent post, Cox explained that he gave his final orientation to Facebook staffers last Monday. He later wrote: Join CCN…

Read More
facebook U.S. Business News 

Facebook Built an AI That’s a World-Class Expert on Porn

One thing you won’t be able to use Facebook’s new WhatsApp cryptocurrency for is buying or selling revenge porn on the social media platform. Facebook, the company revealed today, just made an AI that’s an expert on porn. It’s like U.S. Supreme Court Justice Potter Stewart who famously said his threshold test for pornographic obscenity in Jacobellis v. Ohio (1964) was “I know it when I see.” Amazingly, Facebook’s artificially intelligent software algorithm is wired up to be aroused by the same visual cues in photographs that sexually arouse male…

Read More
facebook Headlines Mark Zuckerberg U.S. Business News U.S. Market News 

Facebook’s Catastrophic Blackout Could Cost $90 Million in Lost Revenue

Facebook suffered its worst-ever outage on Wednesday 13th March. The downtime, which also hit related products Instagram, Messenger and WhatsApp, lasted for at least 14 hours. The blackout hit millions of users across the globe and caused Facebook stock to tumble 2 percent in after-hours trading. Every minute that Facebook is offline costs an enormous amount of money. By extrapolating from the company’s 2018 revenue figures, we can estimate that yesterday’s blackout could cost Facebook up to $90 million in lost revenue. We’re aware that some people are currently having…

Read More
bitcoin Crypto facebook Op-ed 

Facebook’s Cryptocurrency is a YawnCoin, Not A ‘Blow to Bitcoin’

As Mark Zuckerberg outlines his vision for Facebook as a trusted digital brand for secure and private messages and payments between users, Billy Bambrough writes at Forbes: “Blow To Bitcoin As Mark Zuckerberg Warns Facebook Payments Are Coming “Bitcoin, which has recently attracted the attention of some of the world’s biggest technology entrepreneurs, is likely to soon get a major competitor:Mark Zuckerberg’s social networking giant Facebook.” Last week Nathaniel Popper and Mike Isaac at the New York Times revealed leaks from multiple sources that Facebook is secretly working on a…

Read More
apple facebook google Headlines U.S. Market News 

Top 10 Stocks US Hedge Funds Absolutely Love in 2019

Top hedge fund managers weren’t scared away from the popular FAANG stocks during a dreadful Q4 for the U.S. stock market. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOGL) are among the 20 stocks most favored by a select group of over 400 large hedge funds analyzed by WalletHub. Apple, Amazon, and Alphabet are in the top five on WalletHub’s list for the second straight quarter. All three stocks have gains of at least 400% over the past decade. Facebook jumps into the top 5 after Mark…

Read More