If you remember nothing else today, remember this: Facebook (FB) doesn’t give a darn about its 2.5 billion users… All it cares about is advertising revenue. Harsh, I know. But on Wall Street, money talks. Or as famed economist Milton Friedman put it, “The social responsibility of business is to…
In the social media industry, a company either innovates and grows — or it quickly dies. In fact, companies in the industry are transparent about this in their SEC filings. Take Snap Inc. (SNAP) for instance. In its IPO filing, the company indicated that its growth, and its very survival, depend…
Tags: Stocks Social Media
Forget about landing on the moon or Mars… There’s a new space race in town! This time, it involves putting “low earth satellites” the size of refrigerators into orbit. Once they’re in orbit, they can beam ultra-fast internet to connected cars, smartphones, and billions of other IoT devices. This helps…
Tags: Stocks Outer Space
The ink isn’t even dry on the $26 billion merger of Charles Schwab and TD Ameritrade — and now this: Morgan Stanley is paying $13 billion for E*TRADE, sparking a huge rally in the stock. But here’s the thing. Because of these two deals, another deal is about to take place……
Tags: Stocks
According to a high-ranking government official, we’re currently witnessing “the greatest transfer of wealth in history.” But this transfer isn’t coming from the stock or bond market, or any other market you can think of. It has a more shocking source: Cybercrime Chaos… And Opportunity Cybercrime costs U.S. corporations an…
Tags: Equity Crowdfunding Crowdfunding Facebook Venture Capital Early-stage Start-ups Private Equity Cyber Security Cyber Attacks Stocks Security
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