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At Close: Jun 05, 2026

Digital transformation in 2022: Blockchain Metaverse is the future

01:53pm, Monday, 14'th Feb 2022 The Times of India
The last year we all witnessed metaverse go from the idea of imagination to tech reality. Though it is not a new term, however, it gained popularity and became mainstream after Facebook rebranded itself to…

We''re Due For A Limit Down Day

11:30am, Monday, 14'th Feb 2022 Zero Hedge
We''re Due For A Limit Down Day Submitted by QTR''s Fringe Finance Ive got a feeling that a limit down capitulation style morning is still on its way, as I first asserted about a week ago - heres why. Last week''s CPI number coming in at 7.5% ratchets up the temperature not only for the Fed to not change course, but also to act sooner and more decisively. As I have written about , inflation is the kryptonite that wont let the Fed off the hook easy anymore. There cant be anymore Powell pivot, because the inflation numbers absolutely have to be addressed. Make no mistake about it, the Fed has stuck their foot into the shit. The days of inflation being a mystery that somehow magically fixes itself are over. We are in a situation unlike any situation we have been in over the last 25 years. Now, there are whispers of an emergency rate hike, which in my opinion is desperately needed. The fact that stocks rose over the last couple of weeks heading into Thursdays CPI print tells you how disjointed and askew the investing mindset has been made, thanks to decades of arrogant Fed policy.
Installation of a transatlantic submarine telecommunications cable for tech giant Facebook on the seabed off southern Nova Scotia is set to begin as soon as this week.
US Stocks: ELLIOTT WAVE ANALYSIS Tesla (TSLA) Amazon (AMZN) Apple (AAPL) Alphabet (GOOGL) Facebook (FB) Meta Platforms (META) Microsoft (MSFT)
GOP Senate Candidate Unveils "Let''s Go Brandon" Super Bowl Ad US Senate candidate Dave McCormick will debut a multi-million dollar ad during the Super Bowl tonight featuring a "Let''s go, Brandon" advertisement summarizing the failures of President Biden and Democrats, according to Fox News . McCormick , the former CEO of Bridgewater Associates (one of the largest hedge funds in the world), paid millions of dollars for a 30-second ad that will be featured during the Super Bowl in the Pittsburgh area on NBC platforms. The ad lists "record inflation," Afghanistan withdrawal debacle, Facebook and other Silicon Valley companies "silencing conservative voices," out-of-control trade deficit, widespread violent crime, and the southern border crisis. The video concludes with, "This is so much bigger than Brandon." "Let''s go Brandon" has become a rallying cry for those on the right. The slogan debuted after a mainstream news reporter tried to cover up the crowd chanting "F*** Joe Biden" by saying they''re shouting "Let''s go Brandon" while interviewing racer Brandon Brown.
Megacaps drew attention last week amid continued volatility in the markets. SA readers jumped into Meta (FB), Amazon (AMZN) and Alphabet (GOOGL)(GOOG). They dropped Aurora Cannabis (ACB).
With its Facebook app disintegrating, Meta is betting it all on metaverse development. But it''s not the only one in the race, and it won''t come in first.

Every move scrutinized: Facebooks rocky road to the metaverse

06:00am, Sunday, 13'th Feb 2022 The Guardian
The CEO has changed the world but he faces regulatory, technological and branding troubles in his push to do it again It would hardly be hyperbole to say that since its founding in 2004, Facebook has taken over the world counting more than 50% of the global population as its user base. But after years of domination built on advertising revenue, , the company has nearly overnight tried to knock down that empire and build anew. In October 2021, more than 15 years and 2.8 billion users after the then student Mark Zuckerberg launched the social media platform from his college dorm, Facebook announced it had become Meta and was refocusing on the companys virtual reality endeavors. Continue reading

No, Facebook isnt leaving the EU despite all your wishful thinking

02:30am, Sunday, 13'th Feb 2022 Independent Ireland
No, Facebook isnt leaving Europe.
Facebook has bet its future on technology that people may not actually want.

Jon Stewart: "Who Gets To Decide What''s ''Misinformation''?"

03:30pm, Saturday, 12'th Feb 2022 Zero Hedge
Jon Stewart: "Who Gets To Decide What''s ''Misinformation''?" Authored by Paul Joseph Watson via Summit News, Former Daily Show host Jon Stewart has expressed his concern about fact checkers and the legacy media being given the power to label certain narratives misinformation, asking the question, who gets to decide? These are shifting sands, Stewart explained during a podcast hosted by Apple TV+. I think I get concerned with, well who gets to decide what that (is), he added. In the Iraq war, I was on the side of what you would think, on the mainstream is misinformation, I was promoting what they would call misinformation, but it turned out to be right years later and the establishment media was wrong, Stewart asserted. This is such a good point from Jon Stewart about disinformation. No one wants to hear this, but wow is it ever true. pic.twitter.com/PRiTIzJnUw Zac Bissonnette (@ZacBissonnette) February 11, 2022 Stewart, who previously suggested that the COVID-19 virus had leaked from the Wuhan lab, should be applauded for being one of the few liberals who hasnt completely abandoned his principles to simp for Big Tech censorship like virtually all the others. Every few years, theres a new excuse created to justify censorship, commented Glenn Greenwald. The latest is disinformation and as Jon Stewart adeptly explains here its the subjective and elastic nature of this term that makes it both so powerful and subject to abuse. I will likely never tire of pointing out the fact that the worst and most destructive disinformation comes by far not from FB or QAnon but from the largest corporate media outlets and their CIA/FBI sources which claim to be battling disinformation, he added.

How Biometrics Burned McDonald''s, Facebook

03:19pm, Saturday, 12'th Feb 2022 The Street
Biometrics may sound like the stuff of science fiction to some, but concerns about violations of privacy are quite real.
Renowned scholar Professor Noam Chomsky on Thursday said that Islamophobia has taken a most lethal form in India, turning some 250 million Indian Muslims into a persecuted minority. The pathology of Islamophobia is growing throughout the West it is taking its most lethal form in India, the famed author and activist, who is also Professor Emeritus at Massachusetts Institute of Technology, said in a video message to a webinar organised by the Indian American Muslim Council, a Washington-based advocacy organisation. Apart from Chomsky, several other academics and activists took part in the webinar on Worsening Hate Speech and Violence in India. Chomsky also said that Indian Prime Minister Narendra Modis right-wing Hindu nationalist regime has sharply escalated the crimes in Indian-occupied Kashmir (IoK). The crimes in Kashmir have a long history, he said, adding that the state was now a brutally occupied territory and its military control in some ways is similar to occupied Palestine.

Travel Stocks Look Headed for Trouble

01:00am, Saturday, 12'th Feb 2022 Barron''s
Readers weigh in on the reopening, Verizon Communications, Meta Platforms, bank stocks, Medtronic, Omicron easing up, coal demand from Asia, and the FDA’s emergency use powers

Wall Street drops on rate fears, Ukraine tension

07:57pm, Friday, 11'th Feb 2022 Business Recorder
Wall Street stocks fell sharply on Friday for the second straight day, as investors fretted about potential steep U.S. interest rate hikes as well as deepening tensions between Russia and Ukraine. Most of the 11 major S&P 500 sector indexes declined, led by technology and consumer discretionary with losses of over 2% each. The energy sector index jumped over 2% as oil prices hit seven-year highs. Amazon.com Inc dropped 3.2% and Nvidia Corp fell 6.1%, with the companies weighing more than any others on the S&P 500''s decline. Tesla Inc fell 4.4% and Meta Platforms declined 3.2%, adding to the Facebook owner''s recent deep losses. The sell-off accelerated into the afternoon, as Washington warned that Russia was massing more troops near Ukraine and that an invasion could come at any time. "We just have to see how this plays out over the weekend and whether or not international leadership can bring this under wraps," said Thomas Hayes, managing member at Great Hill Capital LLC in New York. "If not, then the knock-on effects could be material and that''s what the markets is worried about." In afternoon trading, the Dow Jones Industrial Average was down 0.75% at 34,977.6 points, while the S&P 500 lost 1.23% at 4,448.58.
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