The pack leader in this debt-driven bubble, Netflix, made another 8% leap today with glowing media reports everywhere noting that subscriber growth beat analyst estimates in the latest earnings report.
If there’s any indicator big enough saying how much risky speculation is fueling this stock market, it is today’s wall-to-wall media co… Read more
Consider it a shareholders meeting.
With Mark Zuckerberg testifying in front of the U.S. Senate in what is looking to be the frontrunning dog-and-pony show of 2018, it is laughable to see the feigned concern of government officials in the wake of Facebook’s antics that include but are not limited to censorship, biased algorithms and selling privacy … Read more
A good follow up to Thursday Thoughts: more reasons not to fully trust technology with your life and Another Tesla Autopilot fatality: man selflessly gives up his life to train AI, the popularity of trivial, high-priced conveniences continues to plague modern society.
People are extending their poor spending choices past the impractical thousand d… Read more
Add Panera Bread to the growing list of companies that can’t even secure your basic personal data
Joining Equifax, Uber, FedEx, DHS, Saks Fifth Avenue, and more, Panera was found to be negligent of its customers’ data, leaving full names, e-mails, home addresses, phone numbers and credit card information exposed in plain text off of its websi… Read more
Any politician should be endlessly ridiculed for using the word “free”
“Free” means without cost, and clearly every “free” thing promised by the government comes at a steep cost — the complete opposite of free.
The “free” daycare promised by the current Ontario government which would saddle Ontar… Read more
The theory of life as simulated reality isn’t particularly new, but due to prevalence of computer technology in our daily lives, many agnostics and atheists attempt to fill their “God of the GapsR… Read more
In a prior article I wrote about a different pot, George Soros, calling the same kettle, Facebook, black, noting the similar approaches of both parties profiting off of propaganda, whether it be through the Open Society Foundation, media and academia on Soros’ end or social media on Zuckerberg’s end.
We hear it all the time: break up Facebook, Google, Twitter, et al. because they have an information “monopoly”. Add the manipulation of their algorithms to serve the ideological agenda of their management, shadowbanning and censoring search results for example, the more reason to break them up for abusing their “monopoly”.
I… Read more
In my article from several weeks ago, Netflix and BitCoin have disturbing similarities, I conjectured that Netflix will be a big loser in a stock market upheaval:
My issue with Netflix is its irrational valuation. When the inevitable pop in the bond and stock market occur I fully expect this stock to be the biggest loser of the FANG stocks.
Fast forward a few we… Read more
If Trudeau’s “peoplekind” video was a Try not to cringe challenge, I lost almost right away
As soon as I heard the words “we say peoplekind, not necessarily mankind”, I shuddered, winced, reflexively hit Ctrl+F4 and buried my face into my palms. I then forced myself to watch the video in its entirety.
The number of cheering d… Read more