Category: Markets

Facebook CEO Mark Zuckerberg Finally Speaks Out│Cambridge Analytica Scandal

Apr 20, 2018 · 4 MIN READ
On Saturday, March 17, 2018, The New York Times first reported Cambridge Analytica ‘improperly’ harvested millions of Facebook users’ data. Facebook says as many as 87 million people may have had their data accessed. Facebook’s CEO Mark Zuckerberg responded to the situation. “We have a responsibility to protect your data, and if we can’t then we don’t deserve to serve you.”

Amazon Vs. Walmart: Clash Of The Titans

Feb 27, 2018 · 3 MIN READ
It is no secret that Amazon has been dominating the online retail sales in the US. Walmart is looking to make a bigger splash in e-commerce market in 2018. Immediately after Amazon acquired Whole Foods in 2017, Walmart announced to acquire online men’s fashion retailer Bonobos for $310 million. Walmart even changed its official name from ‘Wal-Mart Stores’ to ‘Walmart’, reflecting its increase emphasis on e-commerce.

What’s Fueling Amazon’s Growth?

Jan 23, 2018 · 4 MIN READ
Amazon Web Services that was launched in 2006 generates well over $10 billion in revenue annually. Amazon could soon become an operating system for all e-commerce businesses. Amazon stock gained 58% in 2017. At the rate it is growing and expanding, it could be a trillion dollar company in just a few years from now.