Facebook and Twitter have been significantly punished by investors following figures about users which created doubts about the performance of both companies in the future. In the first case, the number of users active per month increased 1.74% in 2018 to pass from 2.196 millions to 2.234 million, disappointing market expectations and delivering the smallest increase since Facebook provided figures.
The Treasury will impose a 5% tax on foreign and Spanish companies’ digital services. This new tax will be on the intermediary services and the publicity and sale of digital data up to 5% of the turnover of all companies which offer these services in Spain.
As the saying goes, data is the new oil. And this month Facebook has fallen victim to a BP-scale leak in which 50 million users’ data was harvested without consent. While technology companies in the West feel the pressure, Jason Pidcock, Jupiter’s head of strategy on Asian income, argues that the picture looks brighter in Asia, particularly for the darling of Asian software technology: Tencent.
It doesn’t matter what Trump says: the manufacturing companies are facing hard times. The best example of this is the Dow Jones. If the index was composed today of the same stocks as in 2004, it would not reach 13,000 points.
Despite the fact the implantation of the digital economy in the western world is unstoppable, the problems and the barriers remain. Proof of that is that the European Union has lost its digital leadership. The creation of a Single European Digital Market could redress that situation.
NEW YORK | What happens when you know the path to benefits is long and uncertain, but your current expenses are growing? You might have bought stock on Facebook because of the media hype, yet now you are not sure how to monetize it. Neither do they.
NEW YORK | Evan Horowitz, Small Business Advisor: “I don’t see many people picking up their phones and talking to their customers in person. And they are not building the kind of personal connections to lasting business relationships.”
NEW YORK | One of the biggest company stock market flotation on history is about to take place this Friday. With more than 900 million users around the world, Mark Zuckerberg’s company could be valued at $104 billion, that is more than Disney, Ford and Kraft Foods. The excitement grew as Zuckerberg announced that it would offer more shares to investors: 421 million, 25 percent more than it had previously planned…
NEW YORK | You may have been subjected to all the hyperbolic coverage of Apple. You may already be fed up with all those free advertisement in the mass media whenever Apple puts their new gadget in the market; irritated by the lack of respect for labour rights of its providers, like the now infamous Foxconn. You might be feeling all that- although you will soon forget about it if…