Technology

Facebook (FB) is no doubt one of the most popular tech stocks out there. The market cap of Facebook as of this writing is 368 B - it's nearly the size of Amazon.

By EconMatters

We discuss the two obvious markets bubbles in the FTSE and Nasdaq, and do some general market commentary in this video. Amazon and Facebook are going to get slaughtered from these levels on earning`s reports.

https://www.youtube.com/watch?v=ZYF0KUENu7M

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A cyber security firm has predicted that millions of internet users will be blocked for 24 hours from the global network this year. US technology security vendor LogRhythm has a gloomy forecast for 2017, predicting a major cyber attack that could take down the internet for 24 hours and cause financial markets to crash. According to the American security intelligence company all cyber attacks have so far been tests but 2017 will see a major face-off between hackers and the powers that be who wish to dominate and control the internet.

The BBC are to spend millions of pounds of taxpayers money in setting up a new ‘fact checking’ team tasked with debunking and eliminating alternative media websites from social media.  Amid the growing hysteria around the impact of so-called ‘fake news,’ BBC news chief James Harding announced that the State run broadcaster would be “weighing in on the battle over lies, distortions and exaggerations,” by spending license fee money on debunking anything deemed ‘out of the ordinary’ that counters the official narrative.

Facebook just can't seem to catch a break lately.  From questionable privacy policies and mass data collection of its users to its handling of the so-called "Fake News" epidemic (see "George Soros Is Funding Facebook's "Third-Party Fact Checking" Organization Targeting 'Fake News'"), Mark Zuckerberg is pissing off a lot of people these days.  Unfortunately, when your entire business model is based on "friending" others, the alienation of various groups has caused enough people to "dislike" Facebook that the company has landed itself on 24/7 Wall Street's list of "America's Most Hate