Finance and Economy
Companies like Facebook and Google have a different business model as compared to brick-and-mortar stores like Apple. Yet, they are all giant tech companies. Both Apple and Facebook command planeloads of customers. Apple sells gadgets to its legions of loyal customers, while Facebook sells its targeted customers’ personal data to advertisers. Mark Zuckerberg becomes […]
... written on Mar 30 2018Eight years ago, Apple co-founder and CEO Steve Jobs warned and lectured the young Mark Zuckerberg on issues about privacy. “Privacy means people know what they’re signing up for, in plain English and repeatedly,” – Jobs said in 2010. If only the young Zuckerberg had listened to the wise man who saw it coming. […]
... written on Mar 29 2018After President Trump proudly signed an executive memorandum to slap tariffs on up to US$60 billion in Chinese imports on Thursday, the Dow Jones dropped 724 points. The U.S. DJIA plunged another 425 points on Friday after China strikes back with its own counter-tariff measures. It appeared the markets were sending a message to Trump. […]
... written on Mar 25 2018Zuckerberg has finally apologised after the Cambridge Analytica scandal erased tens of billions of dollars from his company’s market capitalization. But the defiant billionaire did so only after he was criticised for his failure to apologize in his initial admission in a Facebook post that he “made mistakes” and would “do” more to protect users’ […]
... written on Mar 24 2018President Donald Trump, as anticipated, signed an executive memorandum that would impose tariffs on up to US$60 billion in Chinese imports on Thursday. Unlike the earlier tariffs of 25% on steel imports and 10% on aluminium imports signed earlier this month, the latest tariffs are designed to specifically punish China unfair trade practices with the U.S. […]
... written on Mar 23 2018One of the reasons why North America, particularly United States of America, has reigned supreme for nearly a century as the world’s strongest and biggest economy is because of its consumption-based economy. Although some may argue that production, not consumption, is the true source of wealth, U.S.’ consumption-driven society is one of the main contributors. […]
... written on Mar 22 2018From June 2018 Google will ban all online adverts that promote cryptocurrencies and any related content. In the recent announcement, which follows similar action that Facebook took earlier in the year, Google’s other platforms such as YouTube and third-party websites will all be covered by the ban. For cryptocurrency businesses and investors, this is a […]
... written on Mar 22 2018While the concept of investing in tech stocks may seem like a no-brainer in the digital age, this practice continues to polarise opinions among traders and experts alike. While some will point to the notorious dot.com bubble as being indicative of the volatile and unpredictable nature of tech stocks, however, others will highlight considerable […]
... written on Mar 22 2018Mark Zuckerberg is hiding, and so is Facebook COO Sheryl Sandberg. Ever since the scandal over Facebook data manipulation or breach exploded, the founder and captain of the social media are nowhere to be found. The company’s lawyers were dispatched instead to face public scrutiny while the CEO and COO stay quiet on the Cambridge […]
... written on Mar 21 2018Toys “R” Us is joining other companies such as Compaq, Enron, Kodak, Pan Am, Lehman Brothers, Woolworth and General Foods – iconic brands that have vanished. Although Toys “R” Us has not officially closed down, at least not yet, they’re as good as dead. Founded in 1948 by Charles P. Lazarus, the brand originally was […]
... written on Mar 18 2018
