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    👍|Facebook Stock Dips After Biden’s Vaccine Misin…

    Facebook Inc (NASDAQ:FB) stock dipped 0.4% premarket on Monday after U.S. President Joe Biden’s fierce attack on the company for ––he says–– spreading vaccine misinformation. Q2 2021 hedge fund letters, conferences and more “They Are Killing People”During an NBC interview, Biden did not mince words on the effect that social media platforms are having on the pandemic and people’s perception of the vaccine. Without a blink, he charged full-speed against Mark Zuckerberg’s firm, which he blamed for allowing misinformation to spread, hence affecting the country’s vaccination campaign. According to …

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    📱|37 U.S. Attorneys Lodge Antitrust Suit Against …

    New York State Attorney General Letitia James announced a bipartisan offensive by 37 district and attorney generals against Google – Alphabet Inc (NASDAQ:GOOGL)– over monopoly practices on its mobile app store. [soros] Q2 2021 hedge fund letters, conferences and more Google raising prices and squeezing small businessesThe lawsuit claims that Google requires some apps to use its payment methods while retaining a 30% commission of their digital product sales on the company’s Android Play Store. App developers are forced to use Google’s software for distribution because the company has “targeted …

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    👍|Why Facebook’s Valuation Remains Attractive Des…

    Facebook is one of the largest technology companies in the world and has managed to derive outsized gains since it went public back in 2012. Since its IPO, the Facebook stock has returned 828% in cumulative gains, easily surpassing the S&P 500 which has gained 288% in this period. Q2 2021 hedge fund letters, conferences and more According to Plus500, Facebook was the latest company to be valued at a market cap of $1 trillion, following Apple, Amazon, Microsoft, and Alphabet. Despite its market-thumping gains, FB stock is well-positioned to outperform peers and the broader markets in 2021 and b…

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    👍|Facebook is Testing an “Extremism Detector” Fun…

    Facebook Inc (NASDAQ:FB) users in the U.S. are getting a prompt that asks them whether any of their contacts are suspects of becoming “extremists,” or if they themselves have been exposed to extremist content. Facebook tackling online extremism and abuseUsers of the platform took to Twitter to show the prompts, “Are you concerned that someone you know is becoming an extremist?” and “You may have been exposed to harmful extremist content recently.” They both link to a support center. The Facebook support page titled “What can I do to prevent radicalization” links users to Life After Hate by Exi…

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    👍|Facebook Is Not A Monopoly; U.S. Housing Prices…

    Whitney Tilson’s email to investors discussing that Facebook is big but maybe not a monopoly; Biden weighs new executive order restraining big business; U.S. housing prices jump the most in more than three decades. Q1 2021 hedge fund letters, conferences and more Facebook Is Big But Maybe Not a Monopoly1) Shares of social media giant Facebook (FB) popped on Monday when a U.S. federal judge dismissed two antitrust lawsuits against the company. Here’s Bloomberg columnist Matt Levine’s take: Facebook Is Big But Maybe Not a Monopoly. Excerpt: The government’s position is not crazy, it’s just not f…

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    👍|Facebook Hits $1 Trillion Cap Record After FTC …

    Facebook (NASDAQ:FB)’s market capitalization surpassed $1 trillion on Monday after a Washington judge dismissed monopoly charges against the company, brought by the U.S. Federal Trade Commission (FTC) and a group of 46 states. Facebook shares jumped 4.2% to 355.64 by the end of the session. Q1 2021 hedge fund letters, conferences and more Monopoly allegations dismissedU.S. District Judge James E. Boasberg of the District of Columbia ruled the monopoly allegations against Facebook by the FTC as “insufficient,” hence dismissing the claims. The antitrust lawsuit was brought against the company to…

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    👍|Why Snowflake Is Poised To Become the Facebook …

    Snowflake Inc (NYSE:SNOW) launched its venture arm only eight months ago and has already garnered a number of sizable investments under its belt — all geared towards bolstering its vision of a Data Cloud, a single place where companies can organize all of their data assets to ensure they comply with emerging regulations. Q1 2021 hedge fund letters, conferences and more Just as Facebook built its own ecosystem by acquiring Instagram and What’sApp, there’s a real opportunity for Snowflake to create its own data ecosystem through its venture arm. The company has made five other investments to dat…

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    📱|Is Quantum Supremacy A Threat To The Cryptocurr…

    There’s no accurate prediction for when Quantum Computers could be a reality; however, signs indicate that they might be here sooner than ever. With Google officially announcing its quantum supremacy through a recent publication, crypto and cybersecurity enthusiasts fear the judgment of their protocols against the power of quantum computers. [soros] Q1 2021 hedge fund letters, conferences and more Recently, Google’s Sycamore quantum chip was successful in speeding through complex equations typically unsolvable by conventional supercomputers, hence marking a significant leap in computing power …

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    📱|Ohio’s attorney general wants Google to be decl…

    Ohio has filed a lawsuit against Google, requesting that the company be legally declared a public utility and common carrier under state law. Ohio Attorney General Dave Yost said in an announcement about the lawsuit that the company “uses its dominance of Internet search to steer Ohioans to Google’s own products — that’s discriminatory and anti-competitive.” Q1 2021 hedge fund letters, conferences and more Details on the lawsuit against GoogleAccording to Ars Technica, the lawsuit doesn’t seek monetary damages, although it would require Google to take some steps to stop discriminating against …

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    👍|Facebook Targeted By Antitrust Probes Over Mark…

    Facebook Inc (NASDAQ:FB) faces antitrust investigations over its Marketplace business in the European Union and the U.K. Investigators are determining whether the social networking giant used its dominance in social media to boost the use of its Marketplace business over other online properties used to sell items. Q1 2021 hedge fund letters, conferences and more Facebook under investigation for MarketplaceThe European Commission, the EU’s executive arm, and the U.K.’s Competition and Markets Authority announced their separate investigations of Facebook today. The probes study a business strate…

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    👍|Must Like Facebook

    First-quarter SEC financial statements reporting has now begun in earnest and this week we will see a larger volume of fillers as we approach the filing deadline on Friday. Unfortunately, it is still too early to measure the index averages at this point but a good time to look at those early fillers like Facebook (NASDAQ:FB). [soros] Q1 2021 hedge fund letters, conferences and more Higher prices are evident nowIf the looming recovery is so strong as to stoke inflation the current ultra-easy monetary policy will need to be tightened. This will most likely result in short-term interest rates at …

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    👍|Facebook stock jumps after the company smashes …

    Facebook Inc (NASDAQ:FB) stock jumped 7% out of the gate this morning following an exceptionally strong first-quarter earnings report. The social networking giant reported $3.30 per share in earnings on $26.17 billion in revenue, while analysts had been expecting $2.37 per share in earnings on $23.67 billion in revenue. Q1 2021 hedge fund letters, conferences and more Facebook smashes earnings estimatesFacebook came up a bit short on daily active users, reporting 1.88 billion against the 1.89 billion estimated by FactSet. The social networking giant had 2.85 billion monthly active users, compa…

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    📱|Student Started Google v Oracle Supreme Court B…

    Student Started Google v Oracle Supreme Court Battle; Decision Shows How Law Has to Evolve to Govern New Situations Q1 2021 hedge fund letters, conferences and more Supreme Court Sides With Google In Its Battle With OracleWASHINGTON, D.C. (April 6, 2021) – Yesterday the Supreme Court sided with Google in a multi-billion dollar law suit involving Oracle’s copyrighted computer program, but the origins of the case date back more than 50 years to a young law student at Columbia Law School named John Banzhaf. In 1964 there were no personal computers; indeed, only banks and few large businesses coul…

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    📱|What Supreme Court Google vs Oracle Decision Means

    J. Michael Keyes comments on the Google vs Oracle opinion that came down from the Supreme Court this morning. Q4 2020 hedge fund letters, conferences and more Supreme Court’s Google vs Oracle DecisionJ. Michael Keyes is a partner at the international law firm Dorsey & Whitney. Keyes is an intellectual property attorney with extensive trial and litigation experience in cases involving trademarks, copyrights, unfair competition and false advertising. He has tried several cases in federal courts across the United States. He’s been following the Google vs Oracle case through the courts. Of the dec…

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    👍|More than 500m Facebook users’ data has been le…

    Facebook Inc (NASDAQ:FB) is at the center of another hacking incident, and this time, they stole the personal data of more than 533 million users. The hackers posted the information in a low-level hacking forum, according to Insider. Q4 2020 hedge fund letters, conferences and more Facebook users’ data posted on hacking forumThe information that was exposed includes that of 32 million U.S. users, 11 million U.K. users and 6 million Indian users. The data includes Facebook IDs, full names, phone numbers, birthdates, locations and bios. Some users also had their email addresses leaked. Insider l…

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    👍|Supreme Court rules that Facebook’s phone syste…

    The Supreme Court has sided with Facebook Inc (NASDAQ:FB) in a lawsuit filed over its text alerts. The justices voted unanimously that the social networking giant’s phone notification system does not violate a law that prohibits “automatic telephone dialing systems.” Q4 2020 hedge fund letters, conferences and more Supreme Court rules Facebook didn’t violate lawAccording to Fox Business, the court said the Telephone Consumer Protection Act of 1991 refers only to systems using sequential or random number generators. However, Facebook’s phone system does not. Justice Sonia Sotomayor wrote in the…

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    📱|Facebook, Twitter, Google CEOs To Testify Befor…

    Facebook Inc (NASDAQ:FB), Twitter Inc (NASDAQ:TWTR) and Alphabet Inc (NASDAQ:GOOGL)’s Google are slated to give testimony before the House Energy and Commerce Committee about misinformation today. The CEOs of the three tech giants will face grilling by representatives about online extremism as well. Q4 2020 hedge fund letters, conferences and more Facebook, Twitter, Google execs appear before CongressAccording to CNN, today’s appearance will be the executives’ first since the Capitol riots on Jan. 6 and the rollout of the COVID-19 vaccine. Congress will grill Facebook CEO Mark Zuckerberg, Goog…

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    📱|Core Web Vitals And Ecommerce: A Ranking Factor…

    Google is set to launch its “Page Experience Update” in May 2021. The announcement was made in 2020 by the software and tech giant had web developers, digital marketers, and e-commerce businesses scramble to ensure they’ll meet a new set of requirements and metrics issued by the “Page Experience Update.” This isn’t anything new, and Google has almost hundreds of algorithm updates each year – but this time it’s different, as new ranking factors and criteria for SEO traffic and organic content searches will impact millions of websites and businesses. The Page Experience UpdateAccording to expert…

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    👍|Facebook Sales Rebound As Margins Continue To S…

    A sharp rebound in stock prices last week lifted the market index back to all-time highs. The Broad Market Index was down 3.31% last week and 38% of stocks out-performed the index. This frothy and speculative market is vulnerable to a more sustained decline such as we have not seen since the financial crisis 2007 to 2009. The confidence that the world central banks will bail out investors regardless of the cost is reflected in two market rules that have evolved; Don’t fight the Fed & Buy the Dips. Q4 2020 hedge fund letters, conferences and more Maintain Exceptional Portfolio AttributesBoth ar…

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    📱|Google’s Excuse to Silence Growing Anti-Court P…

    Google Now Claims Ads Banned Because Keep Nine Website Asks People to Contact their Senators Q4 2020 hedge fund letters, conferences and more Tech Giant Fumbles for Excuse to Silence Growing Anti-Court Packing Movement Google’s Efforts To Ban Court PackingWashington, D.C. – Google has moved the goalposts on Keep Nine in its ongoing quest to censor the group’s efforts to ban court packing. Keep Nine tried to place an ad on Google that in January that said “Stop Court Packing, Nine Justices, Bipartisan Support.” It was taken down because, according to Google, it was close to a “sensitive event,”…

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    👍|Mastercard And Facebook Join The Rally After Ea…

    Commenting on the earnings of Mastercard and Facebook and today’s trading so far, Gorilla Trades strategist Ken Berman said: Q4 2020 hedge fund letters, conferences and more The major indices are all trading higher at midday, recovering some of their steep losses following yesterday’s wild session. Heavy trading continued in some of the most-shorted issues like GameStop (GME, -62%) and AMC (AMC, -63%) as several brokerages limited trading in their shares due to the unprecedented volatility of the past few days, but the short squeeze’s impact on the broader market has been less pronounced this …

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    👍|All Eyes On Tesla, Apple, Facebook Q4 Earnings …

    Commenting on Apple, Tesla, Facebook Q4 earnings, and today’s trading Gorilla Trades strategist Ken Berman said: Q4 2020 hedge fund letters, conferences and more Stocks Settle DownToday’s low-volatility session was a typical pre-Fed-day one, it’s still a bullish sign following a hectic week of trading. The fact that stocks settled down today, avoiding a deeper pullback shows just how resilient this market is in the face of the growing valuation fears. Volatility was very low at the level of the key sectors today, and the clear trends of the past weeks were less apparent. Communication services…

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    👍|How To Sell Your Products On Instagram

    Instagram receives more than 1 billion active users every month. This means that every day millions of people log in to connect with the influencers, users, and businesses that they like. Therefore, it is easy to understand why this platform has become so popular in selling products. Q4 2020 hedge fund letters, conferences and more If you own a business and you want to use Instagram to sell your products, then you have to make everything to reach as many users as possible. For example, if you get auto like Instagram, you will help your posts reach your target audience. Then, you can purchase I…

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    📱|Google threatens to block Search in Australia i…

    Lawmakers in Australia want to force Google, Facebook and others to pay for news that appears in search results and on their platforms. Now Google has threatened to block Search in Australia if the bill passes. Q4 2020 hedge fund letters, conferences and more Google may stop allowing Search in AustraliaAccording to The Sydney Morning Herald, Melanie Silva, managing director for Google in Australia, told a Senate committee hearing today that the company would block Search in the country if the proposed media bargaining code becomes law. Experts told the Herald that the threat is real as Google …

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    👍|Rubio To Twitter: Explain Content Moderation Pr…

    Washington, D.C. — U.S. Senator Marco Rubio (R-FL) sent a letter to Twitter CEO Jack Dorsey after the company responded to Rubio’s December 1, 2020 letter, which sought an explanation for the company’s failure to remove or label a falsified image posted by a Chinese Communist Party bureaucrat, with a series of non-answers. Q4 2020 hedge fund letters, conferences and more “In light of Twitter’s response letter, it is not unreasonable to conclude that either the company has no formal process for reviewing tweets or that it wishes to hide the details of its review process from policymakers and th…

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    📱|Google completes Fitbit acquisition after month…

    Alphabet’s Google has closed its acquisition of Fitbit. The company made the announcement in a blog post, singing the praises of Fitbit in the process. Google initially announced plans to acquire Fitbit in November 2019, but the two companies faced a months-long investigation that slowed the process. Q3 2020 hedge fund letters, conferences and more Google announces completion of Fitbit acquisitionIn the blog post, Senior Vice President Rick Osterloh noted that Fitbit has been helping “people around the world live healthier, more active lives” for more than 10 years. The executive called Fitbit…

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    📱|The Largest Threat That Tech Companies Pose

    “Less privacy for customers” voted as the largest threat tech companies pose Q3 2020 hedge fund letters, conferences and more Regulators across the country launched five recent investigations into some of the most high-profile tech giants in the world. The Justice Department, which went first in October, says Google sealed its dominance in online search in part using exclusive contracts to lock in its position as the default on browsers and mobile devices. On Blind, the largest anonymous professional network, we ran a survey asking: 1. Do you believe tech companies deserve increased regulatory…

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    👍|Trump to Get Free Membership to New Global Soci…

    With Twitter Ban, Trump to Get Free Membership to New Global Social Network; Dream-Real’s No Censorship, No Discrimination Policy Based on First Amendment Q3 2020 hedge fund letters, conferences and more Donald Trump To Get A Lifetime Membership To Dream-Real.comNEW YORK CITY, NY, January 10 – On Monday, the two founders of Dream-Real.com, a revolutionary new, global, social network built on the Blockchain, will formally offer President Donald Trump a free, lifetime membership to the international platform. Their offer is in response to Twitter and a host of other platforms banning not only th…

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    👍|Facebook Continues Their Confusing, Hypocritica…

    Henderson, NV – Facebook recently deleted a group called “Joe Biden is NOT my President,” according to The Scoop. The group, which had more than a million members, was established on December 15, 2020-just two weeks prior to its deletion. Q3 2020 hedge fund letters, conferences and more Facebook’s Hypocritical Stifling of Free SpeechIn contrast, the anti-Trump “Not My President” page, which has existed for roughly four years, continues to post regular content attacking President Trump. It’s antithetical to the American principle of free speech that an identical page with a nearly identical nam…

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    📱|Google And Alphabet Employees Decide To Form A …

    A pair of software engineers at Google announced that they will set up a union, open to all Alphabet workers. In an opinion piece for The New York Times, they wrote that “this is not the company we want to work for.” Q3 2020 hedge fund letters, conferences and more Google engineers start a unionParul Koul and Chewy Shaw wrote the opinion piece. Koul is the executive chair of the Alphabet Workers Union, while Shaw is the vice-chair. They started their article with a reminder about the walkout that occurred in November 2018. About 20,000 Alphabet employees stopped working and walked out to prote…

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    👍|Will Apple Or Facebook Stock Grow More By 2022

    Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. Q3 2020 hedge fund letters, conferences and more We surveyed a group of over 500 Benzinga investors on whether shares of Apple Inc (NASDAQ:AAPL) or Facebook Inc (NASDAQ:FB) stock would grow the most by 2022. Apple vs Facebook StockApple designs a wide variety of consumer electronic devices, including the iPhone smartphones, iPad tablet computers, Mac computers and Apple Watch smartwatches. As of 2020, the iPhone ma…

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    📱|Google, Facebook said to agree to work together…

    Google and Facebook apparently agreed to team up if either of them ever faced antitrust action, and the time of reckoning has come. The Wall Street Journal reviewed an unredacted version of a lawsuit filed by 10 states against Google earlier this month. It referenced heavily redacted internal company documents. Q3 2020 hedge fund letters, conferences and more Google, Facebook Make An Antitrust PactGoogle and Facebook reportedly struck an agreement in 2018 in which Facebook said it wouldn’t compete with Google’s digital ad tools. The two tech giants also made provisions for an antitrust investi…

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    👍|Facebook’s Data Mining Exposed by Apple

    Henderson, NV—Apple’s recent introduction of an “Apple Nutrition Label” has data pillaging social media surveillance company Facebook running scared. Mashable reports that Facebook ran full-page advertisements in the Wall Street Journal, the New York Times, and the Washington Post “lambasting Apple for having the gall to highlight what Facebook does with user data.” Q3 2020 hedge fund letters, conferences and more Facebook Seems Enraged With Apple’s Fact CheckingFacebook in the past has prioritized the fact-checking of their member’s content, and seem to be enraged when others fact-check them….

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    👍|Valuing Twitter Stock

    During his recent interview with Tobias, Elliot Turner, Managing Partner at RGA Investment Advisors and Twitter guru discussed valuing Twitter. Here’s an excerpt from the interview: Q3 2020 hedge fund letters, conferences and more Valuing Twitter StockTobias: Can you break down how you think about the valuation of Twitter for us? What the drivers that we should be looking at as we think about that, too? Elliot: Yeah. One other point that I want to make on the structure of Twitter and coming out of this big mess before, like going to exact monetization, because I think it’s important for one of…

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    👍|Facebook deals with antitrust cases that call f…

    Facebook faces a pair of antitrust cases filed by 46 states, the District of Columbia and Guam, and the Federal Trade Commission. The lawsuits allege that Facebook became dominant in the social media industry through anticompetitive tactics stretching back years. Those tactics included the acquisitions of WhatsApp and Instagram, which could have become serious competitors with Facebook. Q3 2020 hedge fund letters, conferences and more Antitrust cases call for breakup of FacebookThe antitrust cases filed against Facebook also call for a breakup of the $800 billion company. The company could be …