Every Silicon Valley techie knows that Google (GOOGL) Co-Founders Larry Page and Sergey Brin created a holding company, named "Alphabet," to oversee Google's many growing business lines (many of which don't align with Google's core operations). While some investors and tech analysts speculate that Alphabet's conception is meant to address potential (current and future) antitrust issues.
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Twitter Never Fails To Fail
For those familiar with Bethany McLean's The Smartest Guys In The Room, the forthcoming comparison will make sense; for those unfamiliar with her book, regarding Enron's executive leadership, the following analogy may fall on deaf ears. In any case, allow me to preface all further Enron remarks by first decrying the company's actions. While its employees were, for the most part, incredibly intelligent, Enron epitomizes all that was, and still is, wrong with corporate America.
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Original Content Is King
Everyone has access to a Netflix (NFLX) account. Whether you're piggybacking off your parents (who wouldn't?), grandpa (guilty), or even, perhaps (sadly), your ex-girlfriend, every human has unfettered access to an account. There's no denying it: everyone loves Netflix. Don't believe us? Just reference Google's (GOOGL) traffic results and you'll realize that, during peak Internet times, Netflix accounts for 37% of bandwidth usage.
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Reddit's Rebellion Against Pao
The Internet's most popular online community, Reddit, is currently spiraling out of control. After the recent firing of Victoria Taylor, one of its most prominent employees who was responsible for favorable website features, many different subreddit (sections of the site) managers have disabled user access to popular content. These actions represent an online protest meant to drastically reduce website traffic.
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Google To Acquire Twitter?
Every so often, Wall Street financial firms and investment banks blindly announce acquisition rumors as if they are facts. This mainly occurs in the tech and biotech sectors, where M&A rumors run amuck. And while these claims are often unfounded, investors nonetheless pile into the alleged "buyer" and "seller" companies.
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Taylor Swift & Apple Have Bad Blood
Money talks; people listen. Absolute power corrupts absolutely. These are undisputed facts. However, after pursuing profits over equality, the world's richest and most powerful company has reversed its business strategy. After facing widespread backlash from musicians, in addition to a written critique by pop star Taylor Swift, Apple (AAPL) announced it will pay recording artists during Apple Music's 3-month free trial period.
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Netflix Is On Fire
Wall Street's favorite momentum stock, Netflix (NFLX), has been on an unprecedented upward tear. The company’s share price recently broke its all-time high, peaking at $704 as of yesterday's close. Over the past week, shares of Netflix settled around $675, having more than doubled since its 52-week low of $315.54; Netflix is also well above its 50-day moving average of $617.96.
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