The Value of a College / University Dropout

We have all heard of the bizillionaire who dropped out of College and became fabulously wealthy and happy, but let’s face it, you are not Marc Zuckerberg or Bill Gates.  You can also find the odd 90 year old still smoking a pack a day, but again, we both know that won’t be you, so you had better plan ahead and education is the single largest non-subjective predictor of a solid financial future. Let’s quickly look at some of the…

How Antitrust Corporate Breakups Should Be Good For Shareholders and Society

The first time you heard of antitrust laws being used to break up large companies you likely thought that that it would result in a destruction wealth.  Depending upon your political persuasion or past experience with the company, that may or may not have bothered you. However, it is important to remember that the driver behind antitrust law is to increase competition and innovation, there by creating more wealth.  In fact, breaking up large companies is usually advantageous to the…

Fastest Rising & Falling Corporate Reputations In 2019

If you think Samsung can’t get over blowing up batteries and Telsa can do no wrong… your wrong 🙂 .   Samsung moved up 28 places between 2018 and 2019 while Tesla dropped a stunning 39 places in the same period. The following research conducted by Harris Insights and Analytics with Axios Research is an annual consumer survey that ranks the the top 100 companies.  It is different from most surveys because it is done in two parts. The first part…

What is the Backfire Effect and How It Affects Facebook & Twitter

The Backfire Effect is part of a larger physiological phenomenon called Confirmation Bias.  Confirmation Bias is the human desire to seek information that backs up what we already believe and avoid information that disproves our beliefs.  A Backfire occurs with more emotionally drawn positions, like politics or abortion, that causes us not only to disregard information that disproves our beliefs but actually see such information as an attack requiring is to further entrench our (wrong) position. In simple terms the…

VIDEO: Are Wages Stagnant Because Tech Firms Like Apple, Google & Facebook Have Replaced Worker Productivity With Technology Productivity?

This interesting video explains that while the world economy has recovered from the 2008 economic collapse, wages are still only growing at the rate of inflation; that is half of what they were growing before the Great Recession.  This is because the 80% of corporate profits are now concentrated in just 10% of companies and mostly those are tech giants.  The so called ‘superstar firms’ like Apple, Facebook and Google are advancing technology and intellectual property at a staggering rate.…

Facebook’s Problems Just Keep Getting Bigger

Below is a list of current serious Facebook legal issues: The Canadian Federal Government and the Province of BC agreed to join the separate investigations into Facebook user data being sent to AggegateIQ (part of the Cambridge Analytica scandal) Facebook just admitted they did know about the Russian meddling in the 2016 US Presidential election, in 2016 Facebook has temporarily walked away from a major project to use their data in Hospitals to improve patient outcomes Facebook has just shut down AggegateIQ ‘s…

Facebook Reports 86 Million Users Data Sent to Cambridge Analytica & Facebook Will Follow GDPR Regulations World Wide

In the aftermath of the Facebook / Cambridge Analytica scandal, Facebook has upped the reported number of user profiles included from the original number 50 million to 86 million.  Most of those users profiles were from Americans but 660,000 of them were Canadian.  Those are some big numbers. To give credit where credit is due, CEO Mark Zuckerberg just announced that Facebook will be providing security consistent with the new European based “General Data Protection Regulation” (GDPR), to ALL Facebook…

Facebook Cambridge Analytica Scandal Is a Crisis For All Online Companies

There is a crisis at Facebook because of the constant negative media coverage of the Cambridge Analytica scandal causing users to question staying on the product and that has caused Facebook stock drop a truly staggering $70B in value in 11 days.  It’s founder, Mark Zuckerberg, owns 28.2% of the company so he has lost $20B personally. There is a also crisis being experienced by some Facebook users that have finally realized Facebook and nearly all other ‘free’ online services…

Anatomy of a Modern Data Breach: The Facebook – Cambridge Analytica Scandal

Now that much of the dust has settled on Cambridge Analytica‘s misuse of Facebook users data the sad story can now be told. It is critical to note upfront that Facebook was not hacked and that the information that was misused was provided voluntarily by Facebook Users.  The only breach was a breach of misplaced trust. Timeline of the Facebook / Cambridge Analytica Scandal: January 2015:  Cambridge University’s Professor Alexander Krogan created ‘ThisIsYourDigitalLife’ personality survey app on Facebook, under his company…