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Up: $1.3T spending bill; benchmark rate (2018: 3 hikes?); price of goods (pushed by tariff); young users fled FB, so did Tesla
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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
Jack on Twitter's independence: "we're not constrained by the particular whims of one platform versus another"
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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
'One could change world w/ 140 chars'. Billions of voices are bricks building up Pyramid..HuffPost sold. Twitter also for sale?
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Blame Stephen Fry. In Twitter the preening polymath found his true calling, sending out an ever changing and oddly riveting mix of self-promotion and stream of consciousness as he tweeted his every thought and photo. His thoughts on Boyzone singer Stephen Gately, a picture of a parrot, a call for charity in Sri Lanka, Stephen in a balloon hat, all mixed in with his Wildean wit: "Streets of London fantastically full of young people. Either it's half-term or truancy in this country is running wildly out of control." Millions came to watch, millions more joined in. You may scoff but we are all Stephen Fry now. read more »
On NYr's Eve 5000 birds dropped dead fr sky, 100000 fish found dead; Clinton takes vegan pledge; "You need to get off facebook"?
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For Arkansas Blackbirds, the New Year Never Came
Times Square had the ball drop, and Brasstown, N.C., had its descending possum. But no place had a New Year’s Eve as unusual, or freakishly disturbing, as Beebe, Ark.
A worker with U.S. Environmental Services, a private contractor, picked up a dead bird on Saturday.
Around 11 that night, thousands of red-winged blackbirds began falling out of the sky over this small city about 35 miles northeast of Little Rock. They landed on roofs, roads, front lawns and backyards, turning the ground nearly black and terrifying anyone who happened to be outside.
"One of them almost hit my best friend in the head," said Christy Stephens, who was standing outside among the smoking crowd at a party. "We went inside after that." read more »
Actor Ashton Kutcher reveals what's missing in drama business: hometown, genuine quality; & his "daunting" experience in NYC
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People in Iowa have a different, genuine quality and a self-sufficient humility
What do you miss about growing up and living in the Midwest?
The biggest thing I miss in Iowa is my mom. She still lives there, and I don't get to see her as often as I'd like. I miss the certain smell in Iowa when it's about to rain. I miss how quiet it is. I miss having neighbors that I know and that I like. The thing I probably miss most of all is that people in Iowa have a different, genuine quality and a self-sufficient humility, a desire to do things for themselves and not complain. I miss being around people that don't complain. I'm in the drama business, and there are a lot of dramatic people that seem to be not very happy with where they are.
Does it bother you to be called Mr. Demi Moore?
No. Why would it? People have called me much worse.
Do you still have all those trucker hats?
Yeah. I've got a giant box of them in storage. I probably have like 500 or 600 hats that people have sent me.
one man can have a voice as loud as a media network read more »
Beyond Blogs - How Blogs, Wikis, and Social Media Have Changed the Way Businesses Work
Original Source: BusinessWeek
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...blogs, it turns out, are just one of the do-it-yourself tools to emerge on the Internet. Vast social networks such as Facebook and MySpace offer people new ways to meet and exchange information. Sites like LinkedIn help millions forge important work relationships and alliances. These social connectors are changing the dynamics of companies around the world. Millions of us are now hanging out on the Internet with customers, befriending rivals, clicking through pictures of our boss at a barbecue, or seeing what she read at the beach. It's as if the walls around our companies are vanishing and old org charts are lying on their sides.
This can be disturbing for top management, who are losing control, at least in the traditional sense. Workers can fritter away hours on YouTube. They can use social networks to pillory a colleague or leak secrets. That's the downside, and companies that don't adapt are sure to get lots of it. But there's an upside to the loss of control. Ambitious workers use these tools to land new deals and to assemble global teams for collaborative projects. The potential for both better and worse is huge, and it's growing—and since 2005 the technologies involved extend far beyond blogs. read more »
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