Facebook has given at least 4 Chinese companies access to user data. One has been flagged by U.S. intelligence as a security threat

https://twitter.com/Breaking911/status/1004140545944489985?s=20 Facebook gave special access to communist Chinese government that allowed them to “retrieve detailed information on both device users and all of their friends — including work and education history, relationship status and likes.” Facebook has data-sharing partnerships with at …

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Independent mortgage companies get home loans for borrowers with weak credit or low incomes—and taxpayers back them

by COMPUTER1313 https://www.bloomberg.com/news/features/2018-05-24/small-time-bankers-make-millions-peddling-mortgages-to-the-poor Taylor had recently filed for bankruptcy because of his $25,000 in credit card debt. But he just bought his first home for $120,000 with a zero-down loan from Christian’s company. Monthly debt payments now eat up half …

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RED ALERT: ‘76% of companies that went public in 2017 had negative earnings, the highest level since the peak of the dot-come era’

WTF–> "76% of companies that went public in 2017 had negative earnings, the highest level since the peak of the dot-come era," h/t @macrodidact pic.twitter.com/44svckh6Nc — Alastair (@StockBoardAsset) May 17, 2018 "Corporations have returned $992 billion to shareholders in the …

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U.S. taxpayers gave $400 Billion dollars to cable companies to provide the United States with Fiber Internet. The companies took the money and didn’t do shit for the citizens with it.

This is the shit that really effects peoples lives and holds us back as an educated and informed society. The fiscal responsibility isn’t there either. Hopefully at some point enough people know and care enough about this type of corruption. …

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US Tech Companies May Be Headed For Disaster

by Daniel Carter Eighteen years after the collapse of the dot com bubble, US tech companies find themselves in another precarious situation. During the current economic expansion, stocks like Facebook, Apple, Amazon, Netflix and Google (FAANG) have led the soaring Nasdaq …

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