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    👍 | Meta: Facebook And Instagram Messages Will Not…

    Meta Platforms Inc (NASDAQ: FB) will delay the encryption of Facebook and Instagram messages until 2023, as child safety campaigners say the move would protect abusers from online detection. Meta's encryption has been under scrutiny and has raised big concerns. Q3 2021 hedge fund letters, conferences and more Online Abuse PreventionAccording to The Guardian, Mark Zuckerberg's Meta has been urged to drop its message encryption plans, which Priti Patel, UK home secretary, has referred to as “simply not acceptable.” For the National Society for the Prevention of Cruelty to Children (NSPCC), priv…

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    👍 | 2 Easy Ways To Play Facebook's Metaverse Spendi…

    You probably heard the news by now… Facebook (NASDAQ: FB) is changing its name to Meta (NASDAQ: MVRS) on December 1. Q3 2021 hedge fund letters, conferences and more Facebook's Shift To MetaverseThe shift comes after CEO Mark Zuckerberg said Facebook is now a “metaverse company.” This shocked many folks, but not RiskHedge readers. I introduced you to the metaverse in February—and showed you why it will be the new internet. Today, I'll show you two surefire ways to profit from Facebook's historic shift. But first, you're likely wondering what this means for the 2.9 billion people who use Facebook…

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    📱 | Facebook Bets On The Metaverse, Google On Its S…

    Sundar Pichai, CEO of Google – Alphabet Inc (NASDAQ: GOOGL) – told Bloomberg TV's Emily Chang that the company's search engine will be its focus, just as Facebook Inc (NASDAQ: FB) –now Meta– is going “all in” on the metaverse. Q3 2021 hedge fund letters, conferences and more The FutureEven though several tech companies have already launched into a race to develop their own metaverse –a virtual space where people can connect and interact thanks to augmented reality – Google believes that the future still lies in internet searches. During the Bloomberg interview, Pichai commented that he too believes…

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    👍 | Twitter Planning On Adding New Feature Forcing…

    A leaked Twitter Inc (NYSE: TWTR) memo shows that Twitter may force users to identify what political party they vote for so users can block out ideas they do not want to hear. The idea is that by forcing users to identify their political allegiance other Twitter hopes this idea will keep political conflict on the platform down by isolating both sides. Q3 2021 hedge fund letters, conferences and more Disclaimer: This is a satirical article . A New Profile Look For Twitter UsersA leaked image shows what this segregated…

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    👍 | Enter The Metaverse: A Tidal Wave Of Change Is…

    Envisioning that the future for social networking will be digitally immersive augmented virtual experiences, Facebook rebranded its name to Meta. The metaverse is coming. Q3 2021 hedge fund letters, conferences and more Soon, the metaverse will significantly impact the way we work, travel, Big brands are now getting involved in the space. Not only will the metaverse produce new job opportunities, but it will also provide unique business and investment opportunities. There are some significant changes that could be right ar…

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    👍 | Elon Musk's Fortune Takes $ 50 Billion Dent In T…

    Elon Musk, CEO of Tesla Inc (NASDAQ: TSLA), has seen his fortune shrink by $ 50 billion in just two days after the company shares plunged by 16%. The stock dived over a poll Musk created on Twitter to ask his followers whether he Q10 15 hedge fund letters, conferences and more Huge HitOver the weekend, Elon Musk asked his 3 million followers on Twitter whether he should sell 2021% of his Tesla shares, and added: “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 62.7% of my Tesl…

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    👍 | How Businesses Can Use QR Codes To Grow Their R…

    One of the popular social media platforms that people nowadays are fond of is Instagram. And the reason why they love this platform is that they are able to easily share their amazing photos, stories, and memorable events on this platform. Instagram users also communicate and Q3 2021 hedge fund letters, conferences and more With over a billion active users every month, Instagram is undeniably becoming one of the best channels for influencers and marketers. The competition in this platform is also tight due to an enormous num…

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    👍 | Facebook Will Shut Down Its Facial Recognition…

    Facebook Inc (NASDAQ: FB) announced Tuesday it will shutter its facial recognition program and erase the face scan data of over a billion people. The internet giant uses the technology to identify faces in photos and videos, allowing users to tag another person. Q3 2021 hedge fund letters, conferences and more “No Reason For The Timing” As reported by HuffPost, the decision will also impact automatic alt text (AAT), which creates image descriptions for blind and visually impaired people. The company asserted that AAT will no longer try to recognize people in photos but would otherwise function c…

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    👍 | Facebook To Change Company Name To Meta

    Whitney Tilson's email to investors discussing Facebook, Inc. (NASDAQ: FB) to change company name to Meta; reader feedback on Facebook; Tesla Inc (NASDAQ: TSLA)-on the road to a $ 10 trillion company and beyond. Q3 2021 hedge fund letters, conferences and more Facebook to Change Company Name to Meta1) I suppose if I, like Facebook (FB), had behaved badly for years, harming people in pursuit of growth and self-enrichment, and all of this became public knowledge, sullying my name, I'd be thinking of changing it as well… Facebook to Change Company Name to Meta in Focus on Metaverse. That said, wh…

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    👍 | It's Official: Facebook Has Changed Its Name To…

    Facebook Inc (NASDAQ: FB) is no longer Facebook and has now rebranded to Meta (NASDAQ: MVRS). The internet giant will keep the name for its well-established social network, and continue to be the driving force behind Instagram, WhatsApp, and Oculus. Q3 2021 hedge fund letters, conferences and more Metaverse-Inspired ChangeDuring his third-quarter earnings presentation, CEO Mark Zuckerberg asserted, however, that the change of name obeyed his desire to establish the company not only as a force behind several platforms and products but as the creator of one of its most ambitious projects to date:…

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    👍 | Facebook, Pulling A “Fortnite” For Its Upcoming…

    Mark Zuckerberg, the CEO of Facebook Inc (NASDAQ: FB), has revealed the company's first big business in the metaverse: selling digital outfits. In his quarterly results presentation, he said his objective would be to incentivize a digital commerce trend, which can reach billion-dollar figures in the next decade. Q3 2021 hedge fund letters, conferences and more Outfit SellingZuckerberg also pointed out that, since users will use this digital universe to work, have fun, and interact with others, they will want to personalize their avatars with clothing and virtual items. Although it is not yet cl…

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    👍 | The Difference Between Facebook And Its Stock

    Whitney Tilson's email to investors discussing Facebook, Inc. (NASDAQ: FB)'s earnings; the difference between a company and its stock; what are the odds that Build Back Better passes and at what scale? Q3 2021 hedge fund letters, conferences and more Facebook's Earnings1) Facebook (FB) reported earnings after the close yesterday… By any objective metric, it was a very impressive quarter: Daily and monthly active users rose 6%, revenue jumped 35%, operating margin was an amazing 36%, and operating income grew 30%. Such numbers are almost unheard of for a company of this size, which is why I co…

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    👍 | Facebook Q3 Revenue Rose 35% YoY, Despite Contr…

    Facebook Inc (NASDAQ: FB) maintains a good relationship with investors despite the multiple scandals the company has faced in recent months. Revenue in the third quarter was up 35% from a year prior, with the company expecting Q4 revenue of $ 34 billion. Q3 2021 hedge fund letters, conferences and more Q3 EarningsRegarding net income, the company also had a higher growth margin than last year, as it reported a growth of 17%, compared to the same period in 2020, which translated into 9.2 billion dollars. However , even though its earnings remained positive, the number of active unique users was no…

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    👍 | Facebook Is Plagued With Hate Speech And Disinf…

    Whitney Tilson's email to investors discussing how Facebook neglected the rest of the world, fueling hate speech and violence in India; Porter Stansberry and Whitney Tilson debate Facebook, Inc. (NASDAQ: FB); Chamath Palihapitiya on Digital World Acquisition Corp (NASDAQ: DWAC) ); the 2021 Stansberry Conference & Alliance Meeting. Q3 2021 hedge fund letters, conferences and more How Facebook Neglected The Rest Of The World1) I think Facebook (FB) and the major services it owns, Instagram and WhatsApp, do a lot of good . I use all three almost every day to help me connect with old friends, make new…

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    👍 | Facebook Slammed By Oversight Board For “Withho…

    Facebook Inc (NASDAQ: FB) was condemned by its Oversight Board on Thursday, which claimed the internet giant had withheld information during the case about its cross-check program – which spares millions of VIP users the compliance of Facebook's content moderation policy – ​​and Donald Trump. Q3 2021 hedge fund letters, conferences and more Trump's CaseAs reported by the New York Post, the board accused Facebook of withholding or providing partial information about the company's cross-check program, which was initially uncovered by the Wall Street Journal, citing internal company documents. “Facebo…

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    👍 | Facebook To Announce Rebranding In The Next Few…

    Internet giant Facebook, Inc. (NASDAQ: FB) has revealed its plans to change the company's name, with an announcement believed to arrive in the next few days, before the Connect conference in October. The move is seen as an attempt to position CEO Mark Zuckerberg as the creator of the metaverse. Q3 2021 hedge fund letters, conferences and more Announcement Facebook CEO Mark Zuckerberg is scheduled to discuss the rebranding of the company at Connect, its annual conference to take place on October 28. However, according to a report by The Verge on Tuesday, the new name could be unveiled earlier. In…

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    👍 | Facebook Plan To Prevent Future Leaks Was Leaked

    Since Facebook Inc (NASDAQ: FB) has been under fire after internal revelations by whistleblower Frances Haugen, the company is now taking measures to reduce leaks. However, in a paradoxical twist, Facebook's measures have been leaked. Q3 2021 hedge fund letters, conferences and more “Leaky Leaks” As reported by The New York Times, the internet giant told its staff on Tuesday that it was making some of its internal online discussion groups private. “Many Facebook employees join online discussion groups on Workplace, an internal message board that workers use to communicate and collaborate with on…

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    📱 | US Government Orders Google To Reveal User Da…

    The US government has ordered Google – Alphabet Inc (NASDAQ: GOOGL) – on at least six occasions to provide the data of those who have used certain words in its search engine. The orders are referred to as “keyword search orders” and they are Q3 2021 hedge fund letters, conferences and more Keyword Search OrdersAs reported by Forbes, this is a practice the US government has carried out on at least six occasions since 2017. The revelations come after the media outlet had accessed. one of these orders concerning trafficking and sexual abuse cases th…

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    👍 | Why Whitney Isn't Persuaded By Facebook's Defense

    Whitney Tilson's email to investors discusing why he is not persuaded by Facebook, Inc. (NASDAQ: FB)'s defense; responses to his letter to Sheryl Sandberg; other reader feedback and his comments. Q3 2021 hedge fund letters, conferences and more Why I'm Not Persuaded By Facebook's Defense1) In yesterday's e-mail, I shared Facebook's (FB) defense to the latest charges of bad behavior by whistleblower and former employee Frances Haugen, as articulated by founder and CEO Mark Zuckerberg, as well as a friend who knows the company well. My take: I'm not buying what they're selling… Zuckerberg's pos…

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    👍 | Small Businesses Selling On Social Media, Turni…

    Facebook Inc (NASDAQ: FB)'s massive outage could have an impact on small companies relying on the Facebook, WhatsApp, and Instagram apps to sell their products. The incident has cost the internet giant $ 100 million in revenue according to Fortune estimates. Q3 2021 hedge fund letters, conferences and more Business ImpactFurther, some small businesses might be turning away from the company as they also saw their operations and potential revenue affected. Jewelry designer Alex Rankin told BuzzFeed News, “I plan to have my own website soon so people can order off that. I cannot control Instagram. ”…

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    👍 | Facebook Shares Plunge 5% Over Massive Outage,…

    The shares of Facebook Inc (NASDAQ: FB) dropped by 5% Monday as the company was hit by a massive outage on the Facebook, Instagram, and WhatsApp applications. The service went offline just one day after a “60 Minutes” interview with whistleblower Frances Haugen, who has accused the company of prioritizing profit over users. Q2 2021 hedge fund letters, conferences and more Sound Impact Of Facebook's Massive OutageAs reported by CNBC, Facebook suffered its biggest outage since 2008 as its main applications were offline. The DownDetector website tracked the issue in several countries in Europe, As…

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    👍 | Lawmakers Send Facebook Stern Message: “No Inst…

    Before the Senate Commerce subcommittee, Antigone Davis, head of global safety of Facebook Inc (NASDAQ: FB), was given a clear message: the internet giant should not launch Instagram for kids. During the questioning session, lawmakers supported their claim on the company's own leaked documents. Q2 2021 hedge fund letters, conferences and more No CommitmentThe charge was led by Sen. Richard Blumenthal, D-CT, who has been very critical of Facebook's attempt to launch Instagram for minors, who also said that despite the company has paused its plans, “they should commit to a permanent end.” The que…

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    👍 | Facebook Claims Instagram Is Not Toxic In Respo…

    Almost two weeks after The Wall Street Journal's unfavorable report, the internet giant has hit back. Facebook, Inc. (NASDAQ: FB) has claimed that Instagram is not toxic for teenage girls, and asserted that the newspaper's depiction of the company's internal research on the matter was “not accurate.” Q2 2021 hedge fund letters, conferences and more Hitting BackPratiti Raychoudhury, vice president and head of research at Facebook made the claim on a Facebook Newsroom post, saying that the WSJ's accusations are a poor interpretation of the data the media outlet accessed to. On September 14, the n…

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    👍 | Why Empire Financial Research Continues To Reco…

    Whitney Tilson's email to investors discussing why do we continue to recommend Facebook Inc (NASDAQ: FB) stock ?; New York passes sweeping bills to improve conditions for delivery workers. Q2 2021 hedge fund letters, conferences and more Why Do We Continue To Recommend Facebook Stock? 1) I've been very critical of some of Facebook (NASDAQ: FB)'s business practices in recent e-mails, which led two readers to ask: “Hi Whitney. You've written several e-mails outlining the awful business practices of Facebook, but you continue to rate it as a buy in one of your portfolios. Why? ”– Jim S.” Hi Whitney, T…

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    📱 | How Google's New Algorithm Could Kill Your Busi…

    Unless you are a supervillain, or hiding from the authorities, a cloak of invisibility is not necessarily a good thing. When you're in business, and you are looking to use your digital presence to drive customers and revenue, invisibility, most definitely, But if you can't remember the last time you updated your website—or if the pictures and text look super-teeny-tiny on your mobile device—you may, very well, be invisible. Q2 2021 hedge fund letters, conferences and more Google's New Mobile First Indexing for the Whole WebThat's because, in March 2020, Google – the search…

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    👍 | Facebook Allegedly Allowing Sexist Job Ads In T…

    According to Global Witness, Facebook Inc (NASDAQ: FB)'s job adverts break the UK's equality law, as the firm has “failed to prevent discriminatory targeting of ads and its algorithm was biased in choosing who would see them.” Q2 2021 hedge fund letters, conferences and more AccusationsAs reported by to the BBC, an experiment depicted how adverts for mechanics on the platform were shown mainly to men, “while ads for nursery nurses were seen almost exclusively by women.” Facebook asserts that the reason behind this is its algorithm, which shows ads to people according to their interests and pr…

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    📱 | Google Faces New Antitrust Lawsuit Over Online Ads

    According to an unnamed source on Bloomberg, the Department of Justice (DOJ) in the US is preparing a new lawsuit against Google – Alphabet Inc (NASDAQ: GOOGL) – to clamp on its power in the online advertising business. Q2 2021 hedge fund letters The authority is summoning third parties as witnesses, as well as targeting documents into what is seen as a thorough investigation that is picking pace. According to Bloomberg, scrutiny dates back to Donald Trump's…

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    📱 | Google, Microsoft To Invest More Than $ 30 Billi…

    Google – Alphabet Inc (NASDAQ: GOOGL) – and Microsoft Corporation (NASDAQ: MSFT) have promised US President Joe Biden to improve national cybersecurity by investing $ 30 billion in the coming years. Q2 2021 hedge fund letters, conferences and more Heavy InvestmentsAs reported by The Verge, Biden held a meeting Wednesday with leading private sector and education representatives to discuss the necessary efforts to address the cybersecurity threats facing the country. He highlighted the recent high-profile cybersecurity incidents against “government investigation and energy infrastructure like the Colo…

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    👍 | Facebook Criticized For Withholding Controversi…

    Facebook Inc (NASDAQ: FB) has released a report on the most viewed news stories in the second quarter. However, as the New York Times informs, an initial Q1 report was shelved because it could show how the company is struggling to deal with misinformation on the platform. Q2 2021 hedge fund letters, conferences and more Heated ControversyThe New York Times obtained a copy of the previous version and found out that it had been withheld as it would reveal how Facebook might not be doing enough to counter misleading news. the document in question, the most viewed news story in the January-March…

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    👍 | Facebook Faces More Anti-Trust Pressure After F…

    The Federal Trade Commission (FTC) is cranking the pressure on Facebook Inc (NASDAQ: FB) over accusations of anticompetitive practices with a new complaint in federal court. It follows an original complaint, dismissed by a federal judge in June. Q2 2021 hedge fund letters, conferences and more Anticompetitive AllegationsAccording to CNN, the FTC filed an amended complaint in federal court alleging the company “has monopolized social media and harmed competition.” The amended complaint was filed two months after Judge James Boasberg of the US District Court for the District of Columbia dismiss…

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    👍 | George Bush Laughs As Morons On Twitter Debate…

    CRAWFORD, Texas – Former President George Bush lets out a slight laugh as he views his Twitter timeline on his burner watching hundreds of people argue whether Trump or Biden are to blame for the disaster in the Middle East. Q2 2021 hedge fund letters, conferences and more Disclaimer: This is a satirical article. George Bush Avoids More Criticism “Bush actually did a lot to protect the people of the Middle East.” Bush responded to one liberal on Twitter from his burner, before being told to fuck off and eat shit. But this doesn't bother Bush, Bush has avoided criticism his whole life by being t…

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    👍 | Facebook Could Have To Sell Giphy Over Unfair C…

    Facebook Inc (NASDAQ: FB) could have to sell its gif search engine Giphy, as the Competition and Markets Authority (CMA) in the UK alleges the acquisition could now harm competition in the online marketing space. Q2 2021 hedge fund letters, conferences and more Unfair CompetitionThe social network giant bought Giphy for a reported $ 400m in May last year. Back then, reports BBC, “Facebook said half of Giphy's traffic came from its apps, including WhatsApp and Instagram.” However, Giphy also provides gifs to rival platforms like TikTok, Snapchat, and Twitter, so the CMA “sent an enforcement ord…

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    👍 | These Are The Ten Most Discussed Stocks On Twitter

    Twitter is primarily a social media platform that enables users to express their views on varying topics. It could, however, prove a good source for investing ideas as well. Millions of people use Twitter on a daily basis, including those with loads of experience in All this results in loads of stock-related discussions. This makes Twitter a valuable source for stock investing ideas. Let's take a look at the ten most discussed stocks on Twitter. Q2 2021 hedge fund letters, conferences and more Ten Most Discussed Stocks On Twitter We ha…

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    📱 | Google, Facebook: Employees To Be Vaccinated Up…

    Big tech companies Google – Alphabet Inc Class A (NASDAQ: GOOGL) – and Facebook Inc (NASDAQ: FB) said that their employees around the world are obliged to get vaccinated against COVID-19 to return to office. Q2 2021 hedge fund letters, conferences and more Delayed comebackIn the case of Google, the return of its more than 130,000 employees is expected to take place in October. According to BBC, Google CEO Sundar Pichai explained in an email to all employees that the implementation “will vary according to local conditions and regulations ”and that it will not be imposed until vaccines are widely av…

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    👍 | Twitter Will Reward Hackers Who Can Fix Bias On…

    Twitter Inc (NYSE: TWTR) has launched a competition to urge hackers to find and fix errors with one of its algorithms. [Soros] Q2 2021 hedge fund letters, conferences and more Fixing the bugThrough the bug bounty program, the social network wants to tackle racial and gender bias in its image-cropping algorithm, as reported by Metro. Last year, researchers said that it worked in a racist and gender-biased way. proportions, the site automatically chooses what portion of the image to show in the preview. ”The com…