What does it take to be a successful entrepreneur?

“People say that entrepreneurs are geniuses who are wonderful at finding new ways to make money. When you look at a list of successful entrepreneurs, you often find only people who were able to exploit their wisdom to beat the market,” wrote economist Tyler Cowen. By “wisdom,” Cowen seems to be referring to epigrammatic imagery, […]

Why You Should Never Trust Social Media

Mark Zuckerberg, the Facebook founder, famously proclaimed in his 2013 testimony before Congress that Facebook “doesn’t sell your data.” He was right, for a time. But every day, Facebook peddles information about its users and the users of other social media platforms. All manner of digital schemes seek to use your social media data to […]

Short-term winners — and losers — in the digital currency boom

I went into this column expecting a rather different response to a Bitcoin story. The story, which I am sure other prominent financial writers will advance in the coming weeks, concerns three former top Wall Street executives who attempted to invest in Bitcoin with the promise of a big return. That kind of story used […]

Facebook suspends around 200 suspicious apps of “thousands investigated”

You might recall the Facebook hearing after the Cambridge Analytica scandal hit. In light of that, Mark Zuckerberg promised Facebook would review all existing apps with access to large amounts of data to see if there was any “suspicious activity”. Well, Facebook just announced they have suspended over 200 apps after investigation of their usage. […]

Instagram adds native payment options to app (for some users)

Exciting news: Instagram just added native payment features for some users, making it possible to make payments for services on Instagram without leaving the app. The feature isn’t available for all users (yet). According to Techcrunch, Instagram is allowing some UK and US business accounts to test the feature by accepting payments for booking restaurant […]

Snapchat’s Redesign Causes Stock To Drop

Snapchat users aren’t happy. And it shows. Shares in Snap, Snapchat’s parent company, hit a record low after revealing its results for the first quarter of 2018, warning investors of “substantial decelerating growth” in Q2. After releasing the numbers for the first quarter, Snap’s share price fell as low as $11.50, trading about 17% below […]