It is the 16th of October 2019

News

AMZN Slides After Hours On Report Of FTC Probe

Just last week we noted that the one entity that could 'out-Amazon' Amazon - the US government - was beginning to ask if Bezos' company was too big? Tonight we got our first glimpse as the FTC sent a shot across the world's 2nd richest man's bow, probing allegations of illegal discounting.

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Mark Zuckerberg Finally Figured Out Why Trump Won; Hint: It Wasn't Russia

Mark Zuckerberg, the 30-something billionaire founder of Facebook, hasn't lived a 'normal' life...at least not at any point in the recent past.  He grew up in a suburb of New York City and now hobnobs with the elites of Silicon Valley, at least when he's not enjoying that massive chunk of Kauai that he recently purchased for his own private use.

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Blue Apron Prices IPO At Bottom Of Deeply Discounted Range

Perhaps impacted by Amazon's Whole Foods' deal, Blue Apron just priced its IPO at $10 (30 million shares).

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Grocery Stocks Crash After Amazon Buys Whole Foods

Whole Foods stock was halted for 'news pending'... and now we have the answer - Amazon to acquire Whole Foods Market for $42/share in an all-cash transaction valued at ~$13.7b, including Whole Foods Market’s net debt.

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Furious Trump Lashes Out In Afternoon Tweetstorm

An increasingly furious President Trump has taken to twitter this afternoon to express his outrage, in a way only the President can, over the thinly veiled double standard within the U.S. intelligence community and mainstream media over how they basically ignored the Hillary Clinton email scandal while endlessly pursuing his administration without being able to present a single shred of tangible evidence that any wrongdoing ever occurred.

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Instagram Suffers Worldwide Outage After Launching Snapchat-Copycat Filters

Instagram, the popular photo-sharing app owned by Facebook Inc., suffered a widespread outage on Tuesday just as it was rolling out a new feature.

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