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U.S. gains 312,000 jobs in 10-month high that shattered Wall Street forecastsThe U.S. gained 312,000 new jobs in December, capping off the biggest increase in hiring in three years and showing the economy still has plenty of staying power despite growing worries about a slowdown. Counting seasonal (Christmas) jobs? Retirees! Back to work!! This number seems cartoonish-ly high.
Source: MarketWatch - 🏆 3. / 97 Read more »
Technology firms are both the friend and the foe of competitionTech firms’ threat to competition comes from their market share of the mind Superficial, I think — giant tech firms are the new public-utilities, of the Digital Era, peddling the necessities such as telecomms & access & public-values & politics, just as others did telephony & electricity & water & gas — very much in need now of public sector regulation. Working in marketing, I was thinking the same-all algorithms are made to target ppl based on their profile, interests-excellent. All these efforts lead to re-targeting and acquisition. it almost eliminates the chances of ppl to find/explore somethg else or even to be approached Is the Economist being paid by tech lobbyists? This article is stupidly apologetic for tech giants. Just cos they're not the biggest corps ever in history yet is a terrible argument. And them expanding into new industries makes them the pure opposite of 'friends of competition'.
Source: TheEconomist - 🏆 6. / 92 Read more »
Saudi's PIF invested in 50-60 firms via SoftBank fund: directorThe Public Investment Fund, Saudi Arabia's sovereign wealth fund, has inves...
Source: Reuters - 🏆 2. / 97 Read more »
Instagram could be a crucial stock-picking tool when investing in luxury firms'We believe Instagram data can no longer be ignored as a data point for luxury investors, to help them pick the winning brands,' said a report from UBS. The number of Instagram followers a luxury brand has is likely to correlate to sales. itsarifitz is that you? totally rational market
Source: CNBC - 🏆 12. / 72 Read more »
Reasons for firms to steer clear of Saudi ArabiaMuhammad bin Salman may now need the world's bankers more than they need him because it’s totally the opposite Trump needs votes in, USA you get vote while hate bashing muslim and USA power bashing Russia even if you bill them for wars which only few profited over don’t matter Zion hold of America over many years has side effects on civilians I think Saudi Arabia's policy is the reason
Source: TheEconomist - 🏆 6. / 92 Read more »
Report: Israeli firms sold spy tech used to persecute dissidents, journalists and LGBTQ peopleCyber-tools—deployed to snoop on phone calls, texts, online activity and audio—were allegedly used on civilians, often to grave consequence. You must not watch American movies, don't mess with the Zohan! The ANTI label in some countries would be serious! Now who would wanna keep an eye on those kinda people doh? SoDangerous Planet Earth is so dangerous........ FridayFeeling
Source: Newsweek - 🏆 468. / 52 Read more »
Analysis | The Cybersecurity 202: U.S. tech firms slam Australian bill that could weaken encryptionThe Cybersecurity 202: U.S. tech firms slam Australian bill that could weaken encryption This headline is misleading. It would not weaken encryption, it would allow investigators access to encrypted data. At a time where our electric and nuclear grids are being hacked, doesn't helping out authorities make more sense?
Source: washingtonpost - 🏆 95. / 72 Read more »
Morgan Stanley joins venture firms betting space startup Vector can launch a lot of small rocketsSmall rocket builder Vector raised $70 million in a round of financing announced Friday, with a Morgan Stanley alternative investment fund joining Silicon Valley backers of the space company.
Source: CNBC - 🏆 12. / 72 Read more »
Defense Firms Battle Long Wait for Security ClearancesAn exacerbated workforce crunch for makers of warships, jet fighters and cybersecurity systems is forcing them to resort to workarounds to finish Pentagon orders. This administration is incompetent! fatcrackracing time to get a raise You don't say . . .
Source: WSJ - 🏆 98. / 63 Read more »
Artificial intelligence is changing how investors' money is being managedThe future of financial planning will be radically different, thanks to new technology. Here's how firms large and small are already starting to test the waters with this technology.
Source: CNBC - 🏆 12. / 72 Read more »