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#BreakingNews: Fed raises benchmark rate 0.25%. Fed funds rate range now 1.5% to 1.75%. Fed maintains three rate hikes for 2018.

More Than 11 Million Young People Have Fled Facebook Since 2011 According to iStrategy, Facebook has 4,292,080 fewer high-school aged users and 6,948,848 college-aged users than it did in 2011.

March 23, 2018 - Elon Musk joins delete-facebook boycott, deleted Tesla’s and SpaceX’s Facebook pages on Friday. “I didn’t realize there was one. Will do,” Musk tweeted back. He initially said, “What’s Facebook?” to a prior tweet from WhatsApp co-founder Brian Acton urging his followers to delete Facebook because, “It is time.”

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Image courtesy JOEL SAGET / AFP / Getty Images

"It is not that I'm so smart. But I stay with the questions much longer."
- Albert Einstein

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Albert Einstein's Year of Miracles: Light Theory
Over a century ago today, 15 March 1905, Albert Einstein finished a scientific paper that would change the world. His radical insight into the nature of light would help transform Einstein from an unknown patent clerk to the genius at the center of 20th-century physics.

Scientists call 1905 Albert Einstein's annus mirabilis - his year of miracles. Within a few months, Einstein wrote a series of papers that would transform the way we see the universe. They included his theory of special relativity and the famous equation E=mc².

The first paper described his particle theory of light, which became one of the foundations of modern physics. Just as popular legend has it, Einstein really was a patent office clerk when he conceived his radical theories - but he was also a doctoral candidate who spent his free time debating cutting-edge physics with his friends.

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Photo courtesy Wikimedia

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#DidYouKnow that 3 of 9 #tiger subspecies have become extinct due to human activities? We don’t want to live in a world without #BigCats! #WorldWildlifeDay, 3 March

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Image courtesy @tigerworld and @SpecNewsCLT

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ATM dispensing $100 bills instead of $5 bills< /a>
A Kansas woman is facing a pricey lawsuit after a bank accused her of making dozens of withdrawals from a faulty ATM that was dispensing $100 bills instead of $5 bills, a local report said Tuesday.

Cybercrime costs the global economy $450 billion: CEO
In 2016 "cybercrime cost the global economy over $450 billion, over 2 billion personal records were stolen and in the U.S. alone over 100 million Americans had their medical records stolen," said Steve Langan, chief executive at Hiscox Insurance, told CNBC.
"This is an epidemic of cybercrime, and yet 53 percent of businesses in the U.S., U.K. and Germany were just ill-prepared."

Another mega database? Dr. Ron Paul on E-Verification
E-Verify is a (currently) voluntary program where businesses check job applicants’ Social Security numbers and other Information — potentially including “biometric” identifiers like fingerprints — against information stored in a federal database to determine if the job applicants are legally in the United States.

Imagine how much time would be diverted from serving consumers and growing the economy if every US business had to comply with E-Verify. Also, collecting the relevant information and operating the mandatory E-Verify system will prove costly to taxpayers.  read more »

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Queen Jack Dorsey Says There's Value in Twitter Remaining Independent
Twitter Inc. Chief Executive Officer Jack Dorsey said there’s "strength" in the social-media company remaining independent, deflecting renewed speculation that it may again be an acquisition target.

"There’s a lot of strength to our independence because we can work on every device, work through every medium," Dorsey said Tuesday at the Goldman Sachs Technology and Internet Conference in San Francisco. "We’re not constrained by the particular whims of one platform versus another."

Twitter shares, which rose 8.1 percent at Tuesday’s close in New York, jumped on several trading days last month on takeover speculation. In a January note to investors, BTIG analyst Richard Greenfield predicted that Twitter will be acquired this year, saying it has become too valuable to remain independent. Reports of acquisition talks regarding the microblogging service first emerged in 2016, with potential suitors including Walt Disney Co. and Alphabet Inc.’s Google.

Twitter has made significant improvements since those talks fell apart without a deal. The company’s shares have more than doubled in the past year, driven by stronger financial performance and changes to the app that are bringing users back to the platform more frequently. Earlier this month, San Francisco-based Twitter reported its first revenue growth in four quarters and its first real profit.

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Photo courtesy Bloomberg

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Queen Elizabeth II is banning plastic straws and bottles across the royal estates.
The Telegraph reported that the monarch is behind Buckingham Palace's plans to phase out single-use plastics from public cafes, royal residences and staff dining rooms. Royal caterers will instead use china plates and glasses or recyclable paper cups. Takeaway food from the Royal Collection cafes must be made of compostable or biodegradable packaging.

British lawmakers are also urging for more action to fight plastic pollution. A ban on microbeads came into force in Britain last month. In 2015, a 5p (5 British pennies) fee was introduced on plastic carrier bags, which led to 9 billion fewer bags being used. Many businesses in the UK are getting on board with cutting out plastics. Starbucks recently introduced a 5p disposable cup charge in 20 to 25 central London outlets to encourage customers to switch to reusable cups. And Iceland Foods, a major UK supermarket chain specializing in frozen food, announced that it will eliminate plastic packaging from its own brand of products by the end of 2023.

The Queen was reportedly inspired to take action after working with famed naturalist Sir David Attenborough on a conservation documentary about wildlife in the Commonwealth. Attenborough's "Blue Planet II" documentary that aired last year highlighted the devastating effects of plastic on our oceans and marine life.

The Queen declares war on plastic after David Attenborough documentary  read more »

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Upside-down dream: "my 10-Year Odyssey".
Housing market wiped out $11 trillion in household wealth. 8 million lose homes to foreclosure, 12 million "underwater"

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Image courtesy WSJ