Feature • Zuckerberg's Facebook Letter and the Snapchat $SNAP IPO (video):
Kara Swisher: Facebook Is A Media Company For The Modern Age
Video published Feb 17, 2017: Mike Isaac, New York Times, and Kara Swisher, Recode, weigh in on Facebook CEO Mark Zuckerberg posting an open letter on his Faceboook page last night, followed by a discussion on Snap's IPO (snap.com / snapchat.com). See also:
- Facebook just changed its mission, because the old one was broken | TheVerge.com: "in a remarkable letter published today, CEO Mark Zuckerberg acknowledged the severe shortcomings and blind spots that his company’s mission created ..."
- Scott Galloway: Snap IPO $SNAP, This Is the Top of the Market (video).
- Snap IPO expected to price March 1 after market closes | Reuters.com
- Why Snap Inc.'s Float Could Cause It To Sink - Snap Inc. (Pending:SNAP) | SeekingAlpha.com
Other Tech News:
• You can take your "sh*t sandwich" job offer and ...: after President Donald J. Trump threw Lt. Gen. (ret.) Michael Flynn 'under the bus' on Monday, retired Vice Admiral Robert Harward turned down Trump's offer to replace Flynn as National Security Advisor, reportedly saying the job offer was a "sh*t sandwich."
• Amazon Form 10-K:
Amazon reported sales of about $6.4B for 2016 retail subscription services, including Amazon Prime, up 43% YoY.
• T-Mobile US Q4 2016 results beat estimates: T-Mobile US reports Q4 revenue of $10.18B, up 23.4% YoY, vs $9.84B expected. 2.1 million total net additions in Q4 2016, 8.2 million in 2016, adding 933K postpaid subs for the quarter. More T-Mobile info:
• Verizon reintroduces unlimited data plan--$80 per month (plus taxes and fees) for unlimited data, talk and text for the first line with paper-free billing and autopay (4 lines $45/line, 3 lines $54/line, 2 lines $70/line)--VerizonWireless.com. Compare to T-Mobile $70 first line (taxes and fees included) 4 lines $40/line, 3 lines $47/line, 2 lines $60/line)
• New FCC chair closely guards his strategy to restructure net neutrality | Reuters.com. U.S. Representative Marsha Blackburn (R-TN) has said Congress will let the FCC "make the first move" on net neutrality.
• Gartner Says Worldwide Sales of Smartphones Grew 7 Percent in the Fourth Quarter of 2016:
Quick Takes:
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• New FCC chair closely guards his strategy to restructure net neutrality | Reuters.com. U.S. Representative Marsha Blackburn (R-TN) has said Congress will let the FCC "make the first move" on net neutrality.
• Gartner Says Worldwide Sales of Smartphones Grew 7 Percent in the Fourth Quarter of 2016:
Quick Takes:
- Apple: The $1,000 iPhone - Apple Inc. (NASDAQ:AAPL) | SeekingAlpha.com
- iPhone SE: Tech giant Apple to kickstart Indian dream with the iPhone SE | economictimes.indiatimes.com
- I’ll never bring my phone on an international flight again. Neither should you. | medium.freecodecamp.com
- Ireland challenges Facebook in threat to cross-border data pact | Reuters.com
- Alphabet Announces Major Reporting Change | SeekingAlpha.com
- NY attorney general sues Time Warner Cable over internet speed fraud | TheHill.com
- New laws may give fiduciaries power to access digital assets | Thompson Coburn LLP | JDSupra.com
- This Is How the Status Quo Unravels | washingtonsblog.com
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