Instead of providing the most direct route, your maps app routes you by a company’s advertisers on the way to your destination. An apps store is littered with malware and scams. A trusted search engine refuses to return results for competitors’ products. If that kind of digital apocalypse seems like a paranoid fantasy, maybe you haven’t been paying attention to what’s been going on at Twitter, where the implosion of the blue-check system as we know it has made it nearly impossible to… Source link
Read More »Billionaire investor Bill Ackman says markets are imploding because investors don’t have confidence in the Fed’s ability to stop inflation
Bill Ackman is a billionaire investor and hedge fund manager.Elsa/Getty Images Markets aren’t confident that the Federal Reserve can tame record inflation, Bill Ackman tweeted Tuesday. He predicts that inflation can only come down if the Fed aggressively raises rates, or if stocks crash. “It ends when the Fed puts a line in the sand on inflation and says it will do ‘whatever it takes,'” Ackman said. Bill Ackman, the CEO and founder of Pershing Square Capital Management, said markets are facing a… Source link
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