Year over year usage numbers for April 2018 - the height of the scandal - were actually up 7%. And, to boot, the 583 million purged robot accounts made no difference to advertising audience reach...
Nearly six weeks after he testified before Congress during two back-to-back marathon sessions, Facebook CEO Mark Zuckerberg will appear before the European Parliament Tuesday to answer questions about the Cambridge Analytica scandal...
"...the platforms exacerbated anxiety and depression, deprived them of sleep, exposed them to bullying and created worries about their body image and 'FOMO' ('fear of missing out')..."
"MS-13’s animals are accused of stabbing a man more than 100 times and then decapitating him, dismembering him, and ripping his heart out of his body."
Areas of concern included personal job security, regulation, and the 2 horse race between the US and China on developing artificial intelligence. Will AI cause America’s 21st century “Sputnik moment”?
With most hedge funds doubling down, and going all in - even more - on their top positions, while fleeing some recent favorites, here are the Top 50 most popular longs and shorts within the HF community...
"Facebook has engaged a think tank funded by weapons manufacturers, branches of the US military and Middle-Eastern monarchies to safeguard the democratic process. It's akin to hiring arsonists to run the fire brigade."
"You are not being protected from 'disinformation' by a compassionate government who is deeply troubled to see you believing erroneous beliefs, you are being herded back toward the official narrative by a power establishment which understands that losing control of the narrative means losing power..."
Scrambling to catch up to Goldman Sachs, JPMorgan recently created and filled the new position of head of "crypto-currency strategy", asking a 29-year-old banker to take charge.
It's been a good year for David Tepper: not only did the 60-year-old Appaloosa hedge fund billionaire win an auction for the Carolina Parnthers, but Tepper is also crushing both his hedge fund competition and the broader market.
“We had just finished eating the Morels we found today and heard a knock on the door... as the police officer walked in he asked us why we were eating mushrooms and posting about it online."
