What’s going on? The US House just passed the bill that would force ByteDance to ban or sell Tiktok’s US arm. What does this mean? Why should I care? The bigger picture: We’ll see how China reacts Zooming out: Someone is chuckling Content source: Finimize (2024) Tik Tok Boom. Available at: https://finimize.com/content/tik-tok-boom [Accessed on Mar 16, 2024]
Tag: Facebook
Ep 152: SoftBank’s sad quarter and the Chinese startup investment landscape
What’s going on? SoftBank (Japanese tech conglomerate) updated disappointing quarterly results, which was 40% lower yoy. What does this mean? This shrink is partially due to the large stakes of Chinese companies that Softbank owns. The Chinese government has taken severe measures against local firms with US-listed shares E.g: Didi’s share price have decreased by the same amount…
Ep 113: U Up?
What’s Going On Here? Facebook reported higher-than-expected first-quarter revenue. What Does This Mean? With the world forced to stay home, there wasn’t much else to do but scroll through Facebook and watch Instagram Live’s quarantine concerts. That helped the tech giant clock 10% more monthly active users. Still, it hadn’t factored in just how much…
Journal Report 11: The Best Acquisitions of All Time
Methodology The list is ranked by the estimate of the absolute dollar return to the acquirer. Acquisitions must be at least a majority stake in the target company. Revenue multiples are used to estimate the current value of the acquired company, equal its current estimated revenue x the market cap-to-revenue multiple of the parent company’s…
Ep 50: Saving Face
What’s Going On Here? Facebook posted better-than-expected second-quarter results, and investors liked it: its stock initially rose 3%. What Does This Mean? Facebook’s monthly active users were up 8% last year – the same rate as in the company’s first-quarter – which, given investors had been expecting growth to slow, likely helped it exceed quarterly revenue forecasts. Despite Facebook’s…
Ep 31: Ad Libra
What’s Going On Here? After six months of anticipation, Facebook finally spilled the beans on its forthcoming Libra “cryptocurrency”. What Does This Mean? Facebook (inspired by the success of Chinese giants like WeChat), wants to create a global financial network – but with its own brand-new currency. Libra is scheduled for launch in 2020 via a new subsidiary and app…
Ep 27: Word of the Week: Deepfake
You should know what deepfake means because SAT vocab, and this week’s news cycle has been centered squarely on the technology—and just how out of hand it can get. A deepfake is an artificial intelligence-generated video that depicts someone saying or doing things that person never actually said or did. Exhibit A: Zuck This week, the Facebook…
with HT 