George Soros: It's 'only a matter of time' before dominance of Facebook and Google is 'broken'

Facebook and Google criticised with George Soros

Image copyright ReutersThe billionaire Businessman George Soros has criticised tech "monopolies" such as Facebook and Google, calling them a menace to democracy. At his annual dinner at the World Economic Forum in Davos, Mr Soros warned which media platforms were "obstacles to innovation". "The power to shape people's attention is increasingly concentrated in the hands of a few companies," Mr Soros said assembled guests. Image copyright Reuters Image caption Mr Soros referenced Google and Facebook several times during his speechMs Vestager has become better known for going after US tech giants, slapping charges on Google, Amazon and Apple. Mr Soros, a Holocaust survivor, unlocked his speech with discovering which he found the current moment in history "rather painful".

Facebook and Google criticised by George Soros

At Davos, George Soros tears into Facebook and Google

in the same way The internet result can be totalitarian control, Soros said. Mining and oil companies exploit the physical environment; media companies exploit the social environment. This is particularly nefarious because media companies effect how people think and behave without them even being aware of it. The business model of media companies is based on advertising. Not just distraction or addiction ; media companies are inducing people to give up their autonomy .

After Facebook And Google Breakouts, Grubhub probably Next

Eight stocks in the net content industry group have the highest-possible 99 Composite Rating, involving Facebook (FB), Google parent Alphabet (GOOGL), Weibo (WB) and Sina (SINA). And Grubhub (GRUB) is just behind them with a 98 rating. Alphabet is endeed extended, while Facebook is continue floating within purchas range after clearing a 184.35 entry. Spurred with a 26.4% annual pretax profit margin, Grubhub has been growing earnings at a 40% annual clip over the final three-year years. While both Grubhub and the general market may save on climbing, be sure to hew to defensive purvey rules just in case.

After Facebook And Google Breakouts, Grubhub May Be Next




Facebook and Google criticised with George Soros

Image copyright ReutersThe billionaire Businessman George Soros has criticised tech "monopolies" such as Facebook and Google, calling them a menace to democracy. At his annual dinner at the World Economic Forum in Davos, Mr Soros warned which media platforms were "obstacles to innovation". "The power to shape people's attention is increasingly concentrated in the hands of a few companies," Mr Soros said assembled guests. Image copyright Reuters Image caption Mr Soros referenced Google and Facebook several times during his speechMs Vestager has become better known for going after US tech giants, slapping charges on Google, Amazon and Apple. Mr Soros, a Holocaust survivor, unlocked his speech with discovering which he found the current moment in history "rather painful".

Facebook and Google criticised by George Soros

After Facebook And Google Breakouts, Grubhub probably Next

referring to The internet result can be totalitarian control, Soros said. Mining and oil companies exploit the physical environment; media companies exploit the social environment. This is particularly nefarious because media companies effect how people think and behave without them even being aware of it. The business model of media companies is based on advertising. Not just distraction or addiction ; media companies are inducing people to give up their autonomy .

At Davos, George Soros tears into Facebook and Google

Eight stocks in the net content industry group have the highest-possible 99 Composite Rating, involving Facebook (FB), Google parent Alphabet (GOOGL), Weibo (WB) and Sina (SINA). And Grubhub (GRUB) is just behind them with a 98 rating. Alphabet is endeed extended, while Facebook is continue floating within purchas range after clearing a 184.35 entry. Spurred with a 26.4% annual pretax profit margin, Grubhub has been growing earnings at a 40% annual clip over the final three-year years. While both Grubhub and the general market may save on climbing, be sure to hew to defensive purvey rules just in case.

After Facebook And Google Breakouts, Grubhub May Be Next




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