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Frontrunning: December 27

Post-Holiday Rush: Homeowners Line Up to Prepay Tax Bills (WSJ) World stocks rise as metals surge mitigates iPhone X woes (Reuters) White House Considers Former Bush-Era Economists for Fed No. 2 Job (WSJ) More lawsuits over slowing down of older iPhones (Reuters) Barclays Takes $1.3 Billion Hit From U.S. Tax Bill (BBG) Shell, Barclays Detail […]


Amazon And Google Employees Busted In Asian Sex Trafficking Sting

Several Seattle employees of both Google and Amazon were busted after using their corporate accounts to send emails to local brothels and pimps looking to purchase services from sex workers trafficked from Asia, according to emails obtained by Newsweek. “[E]mails obtained by Newsweek reveal another sordid corner of the tech sector’s treatment of women: a […]


Social Media Platforms Need To Be Regulated! NYU Prof Sees “Dangerous Issues For Society”

Authored by Vasant Dhar, NYU Sterm Professor, op-ed via CNBC, Unregulated social media platforms pose significant societal risks. That's what we found out after the 2016 election, when it became clear that social media had been used for political mass manipulation in the world's oldest democracy. We should not be surprised. Despite a large scale […]


How Facebook’s Secret Unit Created Digital Propaganda Troll Armies To Influence Elections

Authored by Shelley Kasli via GGI News, Just days after GreatGameIndia exposed how American and Japanese companies could be hacking Indian elections, a recent Bloomberg report has revealed how a secret unit of Facebook has helped create troll armies for governments around the world including India for digital propaganda to influence elections. Under fire for Facebook […]


Facebook Ditches Its “Fake News Flag” After People Shared Flagged Articles Even More

Roughly one year ago Facebook promised to eradicate “fake news” from its platform by “flagging” articles that were deemed inaccurate by their hand-selected “fact checkers” (A.K.A. “liberal propagandists”)…we wrote all about it in a post entitled “Facebook Launches Campaign To Combat ‘Fake News’“.  Among other things, the crusade attempted to dissuade people from sharing certain […]


Exodus Starts: Millennials Ditch City Life

The urban revival of America’s core inner cities has been a decades-long failed experiment, as deindustrialization coupled with failed liberal policies have created a growing problem of inequality and violent crime. Middle-class advancement was once localized in the core of America’s cities, but that is not so much the case today, as those areas are labeled a […]


Today’s The Day: Twitter To Start Purging Users And Prevent “Certain Content From Trending”

Twitter will begin suspending accounts which engage in “hateful conduct” or affiliate with organizations which “use or promote violence against civilians to further their causes” both on and off the platform, following a November announcement. The new rules apply to whatever Twitter deems “hateful,” including “hateful images or symbols in your profile image or profile header.”  […]


CNN’s Anderson Cooper Blames “Pathetic Loser Trump” Tweet On Hackers

Hours after Doug Jones defeated Roy Moore in Alabama last night, and following President Trump's 'congratulations' tweet, CNN's Anderson Cooper appeared to respond in a manner most un-becoming – calling the president a "pathetic loser"… Social media lit up – as one would expect – but Cooper has now clarified that 'his' outburst was not […]


What Are Retail Investors Buying Right Now?

Submitted by Nicholas Colas of DataTrek Research Today we want to expand on our recent thoughts on “What are retail investors buying right now?” We showed last week, courtesy of Fidelity Investments data, that mom-and-pops are still adding to positions even on breakouts in US equities. Further, the names at the top of the retail […]


YouTube Hires 10,000 Staff To Weed Out ‘Extremist’ Content

Google has announced the latest escalation in its battle to censor “extremist” content on its platforms, a covert campaign to censor conservative voices. The company plans to hire 10,000 staffers whose sole jobs will be tracking down extremist content that might violate Youtube’s terms of service, according to YouTube CEO Susan Wojcicki. Wojcicki said that […]


SEC Associate Director And Wife Of Fired Anti-Trump FBI Agent Appears To Scrub Facebook Page Of Obama-Clinton Likes

Content originally published at iBankCoin.com The cheated-on wife of FBI agent Peter Strzok, who was booted off Robert Mueller’s Special Counsel for sending his mistress anti-Trump text messages, appears to have scrubbed her Facebook page of pro-Hillary and pro-Obama ‘likes’ after her husband’s embarassing dismissal and relegation to the HR department. Reddit user BREXITGOD notes that Strzok’s wife, Melissa […]


Live: Jeff Gundlach’s Latest Webcast “So Far So Good”

Nearly three months after his last public address to investors, today “Bond King” Jeffrey Gundlach, CEO and CIO of DoubleLine Capital will host his latest free to the public webcast on the DoubleLine Total Return Fund titled, with with what we assume is a fair dose of sarcasm, “So Far So Good”. The webcast will […]


Quixey Makes Sense Now

From the Slope of Hope blog: The main drag here in Palo Alto is University Avenue, which is lined with pricey restaurants and retail. One city to the south of us, Mountain View, has their own main drag, and it’s called Castro Street (not to be confused with the gay mecca in San Francisco, half […]


Surveillance State: Stanford Researchers Use AI To Determine Neighborhood’s Bias By Its Cars

A team of researchers at Stanford University have trained artificial intelligence algorithms to observe and study millions of images on Google Street View to determine how people vote by the make of their car. The algorithms were trained to recognize the make, model, and year of every car produced since 1990, in more than 50 […]


WhatsApp Down: Outages Reported Around The World

In an apparent global system outage, WhatsApp users have been shut out from sending or receiving messages on Thursday afternoon. As of 2:10pm ET the worst-hit are Brazil, the Netherlands, the US, the UK, Switzerland, Italy, India, and the Middle East. On Downdetector.com reports started spiking after 1:20pm ET with a peak of 3250 reports […]