S&P Dow Jones Indices is the company which maintains the GICS — the Global Industry Classification System. That system assigns companies to specific industry groups; it’s important because so many exchange-traded funds are grouped together on the basis of these classifications. That can mean that many stocks get caught in Read more…
Several times over the past few years, we’ve written about the secretive augmented reality startup, Magic Leap, which has raised big money from technology giants, including Alphabet [NASDAQ: GOOG], and from the Saudi sovereign wealth fund. “Virtual reality” (VR) headsets, such as Facebook’s Oculus, mask external reality entirely and place Read more…
The Global Reform Wave Rolls On: Former Leaders Jailed in Brazil and South Korea Almost two years ago, we wrote about the rise of populist and anti-corruption movements around the world, and told you that we believed these movements would expand, intensify, and disrupt global politics and economics, possibly for decades. Read more…
Last week, several major news outlets reported that detailed data harvested from Facebook [NASDAQ: FB] had been pressed into service by political consultancy firms under questionable circumstances. The data were harvested by researchers who were abiding by FB’s then-current policies when they collected them. But observers and some FB insiders, Read more…
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