Technology

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Source: Townhall.com

Authored by Lou Kerner via HackerNoon.com,

I first wrote about the increasing domination Facebook, Apple, Microsoft, Google, and Amazon (aka FAMGA) in January of this year. It was not a particularly widely read piece. But every day since then, I’ve become surer of the simple, but profoundly impactful, realization that:

1. The most valuable companies in the U.S. are increasingly tech companies.

Via The Daily Bell

Facebook is not exactly the champion of user privacy, but at least in one case, the company did go to bat for its users. Facebook took New York law enforcement to court over secret warrants that allowed authorities to collect user data.

Unfortunately, Facebook just lost their case in the New York courts. The court ruled that only users themselves, not facebook, can challenge law enforcement demands for their data.

"You get a red line, you get a red line, everyone gets a red line..."

Source: Townhall.com

One week ago, when shares of the UK-based Imagination Technology crashed 70% overnight after Apple announced it would cease using the tech company's graphics technology for new products, including phones, tablets, and watches, in a push to insource key R&D as well as preserve capital, Neil Campling, head of technology research at Northern Trust Securities, said that "this is what we would describe as a black swan moment for the company and investors in Imagination."