Oops, Facebook’s Market Cap Plunges by $143 Billion by Wolf Richter • Jul 25, 2018 • 144 Comments Throughout the scandals, Facebook was clad in Teflon and nothing mattered. But today, it mattered.
Results Are In: How Americans Faced the Equifax Hack where Personal Data of 45% of US Adults Were Stolen by Wolf Richter • Jul 24, 2018 • 55 Comments Now, 10 months later, do they even know about it? Don’t laugh….
Google Bitten by 2nd Antitrust Fine in the EU, $5 billion, Hugest Ever Anywhere. Third Waiting in the Wings by Wolf Richter • Jul 18, 2018 • 84 Comments Android is “a vehicle to cement the dominance of its search engine.”
What IBM Said about the IT Chaos at UK Bank TSB and Owner Sabadell, Now in its 12th Week by Don Quijones • Jul 10, 2018 • 39 Comments Contracted to fix the fiasco, IBM estimates costs at $1.25 billion: sources. There’s even talk of divorce, after just 3 years of corporate marriage.
Google, Microsoft, Oracle et al. Gang Up on Amazon for $10Bn Pentagon Prize by Safehaven • Jul 1, 2018 • 20 Comments But they’re firing blanks.
Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages by Don Quijones • Jun 16, 2018 • 53 Comments An industry dogged by non-believers who fret about privacy and fraud.
Globalized Digital Bank Robbers Feast on Latin America by Don Quijones • Jun 12, 2018 • 23 Comments A virtual paradise for real bank heists.
Humans Need Not Apply: AI to Take Over Customer Service Jobs by Don Quijones • Jun 10, 2018 • 82 Comments “With Amelia, we graduate into automating the knowledge worker, the customer service agent.”
FANGMAN Stocks Are Not a Bubble, Pleads Goldman Sachs by Wolf Richter • Jun 5, 2018 • 128 Comments This time, it’s different, say the strategists. So we’ll take a look.
China’s ‘Social Credit Score’ Blacklists People for Bad Behavior (Who Decides?) by Safehaven • May 22, 2018 • 61 Comments Forget getting on a plane or high-speed train. It’s based on character and concocted from big data and artificial intelligence algos.
