1) European Union 'Going Gangster' On Big Tech?
L2inc.com video above published Apr 12, 2018: In light of recent events, a revisit of Professor Scott Galloway's predictions about Facebook, regulation, and 'the Zuck'. Transcript here. See also Mark Zuckerberg Refuses to Admit How Facebook Works | Bloomberg.com: "The CEO and the social network appear uncomfortable with the bedrock of its business." [Editor's note: commercial exploitation of the personal data of its users is at the core of Facebook's business model.].
See also on Domain Mondo this week:
2) Spotify $SPOT Direct Listing IPO -- What We Learned:
The music streaming company Spotify opted for an unconventional direct listing, instead of a traditional initial public offering, and it was not a disaster--Financial Times video above published Apr 4, 2018--check current $SPOT price NYSE: SPOT.
See also: Spotify direct listing piles risks upon risks | Reuters.com
3) Investing
The Week: a) NASDAQ Composite b) S&P 500 Index c) DJIA -- the Dow, S&P, and NASDAQ end the week in the black.
Wall Street's Charging Bull, still running--
Investing Notes:
- Were Trade Wars Inevitable? | blogspot.com: Answer: Yes, or at least "Trade Re-negotiations"--"Globalized, financialized trade flows are neither "free" nor "fair," ... the major economies and their citizenry are finally facing the reality that trade is Darwinian, not win-win."
- EU: Still in the Danger Zone | INSEAD.edu: "Nowhere in the EU, in the last decade – not even in Greece – have anti-European populist parties achieved as spectacular a breakthrough as in Italy last month (see table). For the second time since the end of the Cold War, the old political-party system in Italy has collapsed. This time anti-European populists have been the primary beneficiaries." See also: Yanis Varoufakis: ‘Greece is a debtors’ prison’--TheGuardian.com and Europe’s Slowing Economy Poses Challenge for ECB | WSJ.com.
- More reasons why UK banking and finance will thrive post-Brexit: By Jan 1, 2019, all major UK banks must ring fence their core banking business from their investment banking ops — a measure authorities in the EU refuse to even contemplate. Note also:
- As Malls Get Crushed, Commercial Real Estate Prices Fall to Lowest in Nearly Two Years | WolfStreet.com: "Leverage is why the Fed has been worried about the bubble in CRE." See also Google Saves Manhattan Office Market. Chinese Buyers Vanish | WolfStreet.com.
Avast chooses London over New York for $4bn listing https://t.co/N3cRnsmPHd— Financial Times (@FT) April 12, 2018
- How Southern California Became Home to Bond Kings | Bloomberg.com money quote: "... the system is averse to change because so many of its key players continue to profit from its complexity and lack of transparency."
4) ICYMI Tech News:
- No Sympathy for Amazon $AMZN | NewRepublic.com: "Trump's attacks on the company aren't nearly as alarming as the government largesse that helped it become a tech behemoth."'
- Google Chromebooks fight malware, get security experts' approval | CNET.com: "Chrome OS has provided one of the most robust cases of “usable security” available ... Chromebooks are a smash success. Nearly three out of every five machines used in schools run the Chrome OS, according to researcher Futuresource Consulting ..." See also Google employees organize to fight cyber bullying at work | Reuters.com.
- Coinbase is launching Coinbase Ventures, a $15M seed-stage fund to invest in cryptocurrency and blockchain startups. See also: Cryptocurrency-mining malware: Why it is such a menace and where it's going next | ZDNet.com.
- Apple $AAPL: Piper Jaffray reports 82% of American teenagers currently own an iPhone, up from 78% last year, and 84% say their next phone will be an iPhone--BusinessInsider.com. See also Apple says all its facilities now powered by clean energy | Reuters.com. Note also: "Apple ended 2017 with a cash balance of $285 billion and a debt position of $122 billion for a net cash position of $163 billion."--Apple: Time For The Cash Flood | SeekingAlpha.com. Leaked Apple memo says it found 29 ‘leakers’ last year, 12 arrested--Bloomberg.com.
- Calling Out China's Dishonest Discourse about "Free Trade and Tariffs"--A Rebuttal of Jack Ma's Op-Ed Piece on China Being Open | Bloomberg.com: "[Jack Ma says]: "It is therefore ironic that the U.S. administration is waging a trade war at a time when the largest potential consumer market in the world is open for business." That's not the case ..." But see also China takes the lead in pioneering retail | Axios.com.
- Facebook: Why Investors Should Pay Attention To Indonesia - Facebook (NASDAQ:FB) | SeekingAlpha.com: "Indonesia currently makes up 6% of Facebook's user base, but only 3.0% of revenue. This could change rapidly. Indonesia and India combined could make up 15-18% of earnings in a few years and be a source of positive surprise."
-- John Poole, Editor, Domain Mondo
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