Author: Surfindex.net

Mark Zuckerberg hits back at Tim Cook

Mark Zuckerberg hits back at Tim Cook

Posted by | Apr 3, 2018 | , |

The Facebook (FB) CEO defended his company’s business model in an interview published by Vox on Monday, arguing that recent criticism from his counterpart at Apple was unfounded. Cook recently called for increased regulation of social media, and questioned the practice of monetizing user data on free platforms by selling ads that allow advertisers to target specific groups. “You know, I find that argument, that if you’re not paying that somehow we can’t care about you, to be extremely glib. And not at all aligned with the truth,” Zuckerberg told Vox in response to a question about Cook’s criticism....

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Wall Street to Trump: No trade wars. And lay off Amazon

Wall Street to Trump: No trade wars. And lay off Amazon

Posted by | Apr 3, 2018 | |

Wall Street is sending President Trump a message: Don’t start a trade war. And lay off Amazon, one of the most important companies in America. The president played a starring role in last year’s stock market boom. Now he’s getting the blame as Wall Street hits the skids. Trump’s fingerprints were all over Monday’s market sell-off. The Dow fell 459 points and the Nasdaq plunged almost 3%. The stock slump also spread to Asia, with benchmark indexes in Tokyo, Hong Kong and Shanghai all declining about 1% on Tuesday morning. Trump’s repeated and vociferous attacks on Amazon (AMZN) unnerved...

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