Advertisements

How To Load Hot Selling Products From ANY Affiliate Network And Bank Easy Commissions With EzyStore SEO

Related eBooks

EzyStore is a brand new, never-before-released tool that is changing everything you thought you knew about making money online. With EzyStore, it’s finally EASY to make money online by creating a stunning affiliate store that gets traffic and makes sales for you…

You simply login
to the cloud-based tool

Choose from one of the included store templates and customize your brand new affiliate store in 3 minutes or less

Your new, fully-optimized affiliate store gets you FREE traffic so you can sit back and make money without needing any special technical skills or experience

You’re not only limited to the included affiliate marketplaces…EzyStore is different from all other store builders by allowing you to create an affiliate store and promote products from ANY affiliate network… Without any complicated setup or API connection needed. Just choose the affiliate network and products you want to promote, and EzyStore will create a traffic-getting store for you.

 

Source: http://ezystorelive.com/?aid=1

Advertisements

Done For You Monthly Gold Mines – Why Struggle to Make Big Commissions When These Done For You Gold Mines Make it So Easy

Here’s everything you’re getting here;

  • Instant access to my entire back catalog of $6,925,419.04 worth of done-for-you money-making gold mines. (You’re getting 1239 hand-crafted gold mines personally created by me as soon as you get into the Monthly Gold Mines members area.)
  • A licence to use all of my future gold mines as your own including over 45 new personally hand-crafted, money-making gold mines every single month. (You just copy, paste and make money right away. And you don’t need a website, a list or any money for traffic because we show you an incredibly effect free traffic method on the inside).
  • Easy, fast commissions with all the market research, product selection and campaign creation done for you. (Forget slaving away for hours trying to find the best products to promote, studying salesletters and products then painstakingly writing all the promos. Everything is done for you and ready to copy, paste and make money right away).
  • Simple step-by-step Fast Start Guide to accelerate you directly to the money. (You can literally be making money with this in just hours from now – even if you’re just starting out).
  • Behind-the-scenes access to the powerful and completely free traffic-getting method. (This is fast and fun method of making money which anyone can do and doesn’t need money for ads or anything else).
  • And oodles more money-making goodies besides…

Because we are so confident you will get fast results with this you’re covered by our 30-days money back guarantee.

This means you get instant access today to my entire back catalog of $6,925,419.04 worth of done-for-you gold mines.

Plus:- You’re getting a licence to use all my future gold mines as your own (forever!). Yes – every last gold mine I ever release is yours to just copy, paste and profit from right away.

And you get the free traffic training too to start getting traffic and sales right away.

But if for some bizarre reason you want to walk away – you can do so at any time and request your money back in full.

Source: https://jointhegoldrush.com/grabmonthlygoldmines/

How to make crispy tofu perfectly every time | Well+Good

I like my tofu extra crispy. Unfortunately getting it to that point often means keeping a watchful eye on a frying pan. (Nobody likes burnt tofu.) But the trick to perfectly crispy tofu is as simple as popping it in the freezer first.

When tofu freezes, the water within it expands, creating pockets of air. As you cook it and the water evaporates, these air bubbles give tofu a chewier, meatier texture while enabling it to soak up flavor from a marinade or sauce.

Follow these easy instructions for the best way to ensure crispy tofu every time you cook it (with five delicious recipes you’ll want to use again and again) because nothing hits the spot more than tofu at its crispiest.

How to freeze tofu

  1. Drain your extra-firm tofu and remove it from the packaging. Pat it dry with a kitchen towel or paper towel.
  2. Cut the tofu into cubes or slices—whatever size you need for your meal. Then, place the pieces in a container and store them in the freezer. You can also put the entire block in the freezer as-is, but it takes longer to cook.
  3. For best results, leave your tofu in the freezer for 12 to 24 hours. If you’re short on time, you’ll still get decent results with 3 to 6 hours.

How to cook with frozen tofu

  1. Bring a pot of water to a boil and submerge the frozen tofu. Bring it back to a boil.
  2. If you’re working with smaller pieces, remove them from the water after 6 to 7 minutes. If you’re working with an entire block of tofu, cook for 7 minutes, flip it over in the water, then cook for another 7 minutes.
  3. After draining the water, set the tofu on paper towels or a clean kitchen towel on a flat surface to help soak up any excess water as it cools. If it’s still in a block, cut the tofu into cubes or slices after it cools.
  4. Bring a skillet to medium heat. Lightly spray the skillet with olive or avocado oil, then cook the tofu pieces for a few minutes on each side, or until browned. Remove from the heat once the pieces are crispy to your liking.

How to use crispy tofu

Now that you have a new batch of crispy tofu, there are many different ways to enjoy it throughout the week. Whether it’s slathered in fun sauces or on kebabs, these are the tastiest recipes to start with. And the best part? The tofu prep is already done.

Pin It
Photo: Simple Vegan Blog

1. General Tso’s crispy tofu

For a healthier version of your favorite takeout, use this General Tso’s sauce that’s the perfect mix of sweet and spicy.

Pin It
Photo: Emilie Eats

2. BBQ tofu vegetable kebabs

Tofu makes for a seamless meat replacement in kebabs, especially when slathered in homemade BBQ sauce.

Pin It
Photo: Minimalist Baker

3. Almond butter crispy tofu stir-fry

Nothing improves a stir-fry like crispy tofu. This almond butter-based sauce will make you want to eat up all your veggies.

Pin It
Photo: I Love Vegan

4. Crispy chick’n Caesar salad

The Caesar salad gets a plant-based twist in this combo that features crispy tofu and a creamy vegan dressing made from cashews.

Pin It
Photo: Killing Thyme

5. Crispy buffalo tofu bites with garlicky yogurt dip

This meal will only take a few minutes to make since your crispy tofu is ready to go. The buffalo-style sauce goes great with the garlicky dip made from dairy-free yogurt.

Still hungry? You might want to grab some cucumbers, which—if you didn’t know—might just be a better salad base than kale. You can also try out these keto-approved recipes in your Instant Pot.

Source: How to make crispy tofu perfectly every time | Well+Good

It’s Not About Ideas. Do What Amazon, Netflix, Uber And AirBnb Did, Head For A Blue Ocean

In this July 1, 2014 photo, Dollar Shave Club CEO and co-founder Michael Dubin poses for photos at the company's headquarters in Venice, Calif.  (AP Photo/Jae C. Hong)

If you want to become an entrepreneur but don’t know where to start, relax. It’s not about ideas, it’s about understanding and researching current industries that have not innovated their products or services and have a large customer market. If you think about what Netflix, Amazon, Uber and AirBnb did, you can clearly see, they created nothing new in terms of products. So, what did they do? They changed the “game” in an industry that was not being innovative and was ripe for disruption. In other words, they headed for a “blue ocean” made famous by management thought leaders W. Chan Kim and Renee Mauborgne in their perennial bestseller, Blue Ocean Strategy.

Blue Ocean Strategy is an approach that challenges everything that you thought you knew about the requirements for entrepreneurial success. Blue Ocean Strategy can be summarized in a nutshell: the best way to beat the competition is to make the competition irrelevant. Imagine that the marketplace is comprised of two sorts of oceans: red oceans and blue oceans.

To discover an elusive blue ocean, Kim and Mauborgne recommend that businesses consider what they call the Four Actions Framework to reconstruct buyer value elements in crafting a new innovation wave. The framework poses four key questions:

  • Raise: What factors should be raised well above the industry’s standard?
  • Reduce: What factors were a result of competing against other industries and can be reduced?
  • Eliminate: Which factors that the industry has long competed on should be eliminated?
  • Create: Which factors should be created that the industry has never offered?

If you think about it, lets review what these market leaders did with Blue Ocean Strategy in mind. Amazon did not build bookstores but built an enterprise infrastructure to have access to one million book titles and competed well with Borders and Barnes & Noble. Netflix did not use stores in their business model to compete with Blockbuster; instead they focused on customer service. Uber did not even try to buy cars and compete with the independent taxi companies, they created a mobile app. AirBnb does not own homes or hotels, instead they redefined the travel experience by uniting existing property owners onto a common easy-to-use platform.

Uber CEO Dara Khosrowshahi, third from left, takes a photograph as he attends the opening bell ceremony at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)

Uber CEO Dara Khosrowshahi, third from left, takes a photograph as he attends the opening bell ceremony at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)

ASSOCIATED PRESS

Existing marketplaces with lots of competitors live in crowded, shark-ridden red oceans. Red oceans are characterized by multiple firms offering similar products competing mostly on price. Think Target versus Wal-Mart, Sony versus Samsung.  Meanwhile, blue oceans are characterized by untapped market space, demand creation, and the opportunity for highly profitable growth.

In recent years, Dollar Shave Club took on Gillette by offering subscription-based access to razors at a better cost and service. As a potential entrepreneur, just examine large industries or product lines and see if customers are happy with their current choices. Wherever you find customers are not ecstatic, dig deeper. A few years back, Chobani did the same thing to yogurt by offering Greek yogurt, more protein and less sugar. None of these examples showcase a completely new, never heard of before product. But all these companies either innovated the current product in the marketplace or they offered a simple innovation or twist to the business model for their company. In almost every case, the customer is happier with the new company or product. That means they were dissatisfied before these companies came along.

If you want to get a jumpstart on surfacing an opportunity, pay attention to something new you see (craft beer, organic pet food, cloud storage, etc.) and do some research.  Or go to places where you can observe people: malls, airports, universities and just walk around. See what people are doing and not doing. Don’t look for anything in particular, just observe. Another option is to walk through Target or Wal-Mart and slowly walk up and down the aisles. Look for current products that seem over priced or they don’t exactly make the customer ecstatic. Then research how big that industry category actually is. If it’s billions, keep going. Run a few of your best “opportunities” through the Blue Ocean Strategy framework of raise, reduce, eliminate and create.

The founders of Skullcandy did something similar by walking through Target to spot their earphone opportunity. If you want to be an entrepreneur, you have to solve a problem in a big marketplace. To spot a problem, go looking. Once you find some problems, use Blue Ocean Strategy to innovate a solution and perhaps you will create a billion dollar company.

You can read more about what Bernhard has to say on his website and follow him here on his Linked In

I am the Director at the Lavin Entrepreneurship Center, San Diego State University. I oversee all of the center’s undergraduate and graduate experiential programs.

Source: It’s Not About Ideas. Do What Amazon, Netflix, Uber And AirBnb Did, Head For A Blue Ocean.

New Psychological Studies: How The Wealthy Really Are Different From Everyone Else

"The rich don’t go with the flow"

The author F. Scott Fitzgerald is credited with saying: “The rich are different from you and me.” And Ernest Hemingway is supposed to have responded: “Yes, they have more money.” In fact, the actual words Fitzgerald used in his short story “The Rich Boy” (1926) are: “Let me tell you about the very rich. They are different from you and me. They possess and enjoy early, and it does something to them, makes them soft, where we are hard, cynical where we are trustful, in a way that, unless you were born rich, it is very difficult to understand.”

People have always suspected that the rich are somehow ‘different,’ not only in terms of what they possess, but in their personalities. However, there are not many scientific studies that can either confirm or refute this thesis – neither in the United States, nor in Europe. Now, a team of six German economists and psychologists has conducted a large-scale study: They interviewed 130 wealthy individuals and used the results to derive a psychological profile, which they compared with the population as a whole.

Big Five Test

Of the various models developed by psychological researchers to describe personality types, it is the Big Five model that has largely come to dominate over the past few decades. This latest wealth study used a condensed version of the Big Five test to distinguish between five core personality traits:

Conscientious: Describes people who are thorough, meticulous, diligent, efficient, well organized,  punctual, ambitious and persevering.

Neuroticism: Individuals with a high degree of Neuroticism tend to be nervous and frequently worry about everything and anything that could possibly go wrong. They tend to react impulsively and, overall, are not particularly psychologically stable.

Agreeableness: Individuals with high levels of Agreeableness have a pronounced desire for harmony; they have a tendency to back down too quickly and are frequently too trusting.

Extraversion: Individuals with high Extraversion are talkative, determined, enterprising, energetic, and courageous.

Openness to Experience: Individuals with high Openness to Experience are imaginative, creative, and curious.

When you compare the personality traits of the general population with those of the researchers’ wealthy interviewees, the following patterns emerge:

  • The rich are emotionally more stable, and therefore less neurotic
  • The rich are especially extraverted
  • The rich are more open to new experiences
  • The rich are less agreeable, which means they less likely to shy away from conflicts
  • The rich are more conscientious.

In addition to the Big Five test, the researchers also investigated two other personality traits: narcissism and internal locus of control. Their findings:

  • The rich are more narcissistic
  • The rich exhibit a stronger internal locus of control. This means that they are more likely to agree with statements such as “I determine how my life turns out” than they are with statements like “What you achieve in life is mainly a question of luck or fate.”

What Makes the Superrich Tick

The results of this latest wealth study are consistent with those of my doctoral dissertation on “The Wealth Elite,” which was based on interviews with 45 wealthy individuals. With only a few exceptions, most of the interviewees were self-made millionaires, and the ‘poorest’ were worth between 10 million and 30 million euros. Most, however, were worth significantly more, between 30 million and one billion euros, and some even more.

This study on the psychology of the superrich also came to the conclusion that the rich are psychologically very stable (i.e. not very neurotic). It also showed that they are particularly open to new experiences, more extraverted, more conscientious – but not necessarily agreeable.

In contrast to the recent survey of 130 wealthy individuals mentioned above, the study of the superrich involved in-depth interviews of between one and two hours each. In addition, the superrich interviewees not only completed a condensed version of the Big Five test, they took the detailed version with 50 questions.

One of the key findings was that the superrich are frequently nonconformists. They enjoy swimming against the prevailing current and have no problem contradicting prevailing opinion. Another result: the superrich are more likely than others to make decisions based on gut feeling. They tend to rely more on intuition than on detailed analysis.

And, most importantly, they have a completely different approach to dealing with defeats and setbacks than most people. Across the population at large, people like to take credit for their successes while looking to assign the blame to others for defeats and setbacks. In this, the superrich are quite different, as the interviews showed: They seek to identify the causes of setbacks in themselves, not in external circumstances or other people. This gives them a feeling of power: “If the fault lies with me, I can change it. I am in control of my own life.” There are many reasons why some people succeed in becoming rich and others don’t, but the specific combination of personality traits that both studies identified is certainly one of the reasons. Rich people become rich because they act differently from others. And they act differently because they think, make decisions and react differently than most people. Apparently, Fitzgerald was right: “The rich are different from you and me.”

I was awarded my first doctorate in history in 1986 and my second, this time in sociology, in 2016.

Source: New Psychological Studies: How The Wealthy Really Are Different From Everyone Else

Jeff Bezos Unveils Blue Origin’s Lunar Lander; Announces Launch Of Next-Gen Rocket In 2021

Amazon founder Jeff Bezos confirmed that his space company, Blue Origin, will launch its next-generation rocket, New Glenn, for the first time in 2021, and also hinted that his company might be capable of helping NASA put humans on the Moon within the Trump administration’s stated five-year time frame.

“We can help meet that time line,” he said. “But only because we started three years ago. It’s time to go back to the Moon—this time to stay.”

Leading up to this dramatic announcement on Thursday at the Washington Convention Center, Bezos couched his vision for his space company in the context of the problems of the world as he sees them. Within the next couple of hundred years, Earth will run out of resources necessary for people to live comfortably, Bezos predicted. Which is why, he says, humanity needs to move into space.

To that end, Bezos revealed Blue Origin’s next-generation rocket, New Glenn, which will begin operations in 2021. New Glenn would be a “heavy lift” rocket, competitive with SpaceX’s Falcon Heavy rocket, as well as United Launch Alliance’s Delta IV and in-development Vulcan rocket. According to Bezos, New Glenn will reduce costs by having a first stage that can be reused 25 times and use liquid natural gas as a propellant. Though he did not reveal any pricing information about the rocket, he did mention that the fuel costs per launch would be less than $1 million.

And one of the things that rocket may launch? One of the answers came immediately as Bezos—to great fanfare—showed off a large mock-up of the company’s proposed Blue Moon lunar lander. According to Bezos, the lander will use liquid hydrogen as fuel—just as the company’s New Shepard rocket does today. It will be capable of landing autonomously and be equipped with cameras, lidar and other sensors to map terrain. It will also be configurable in order to handle a variety of missions such as carrying a rover—or humans—to the surface.

Again, there wasn’t any information provided about how much it will cost for a company to buy a mission on the Blue Moon. However, Bezos did reveal that Blue Origin already has customers.

“We already have a bunch of customers for Blue Moon, some of whom are in the audience,” he said. “They’re going to be deploying science missions to the Moon as well.”

Bezos couched these product announcements in the context of his vision for the future, which for him means humanity migrating out to O’Neill habitats–gigantic, miles-long space stations envisioned by physicist Gerard O’Neill in the 1970s, are where humans will live and work comfortably, and conduct heavy industry, Bezos said.  This will leave Earth “zoned for residential and light industry,” he said.

Building grandiose habitats—or even more relatively modest goals like any kind of permanent settlement in space or on the Moon—is not the job of this generation, but the next, according to Bezos. He sees his goal as building the infrastructure necessary for it to happen. “It’s this generation’s job to build that road to space so future generations can release their creativity,” he said.

The company also released a promo video for its lander, which you can view below.

Read more: Jeff Bezos And Elon Musk Want To Go To The Moon—They Just Disagree On How To Get There

Follow me on Twitter or Facebook. Read my Forbes blog here.

I’m an Associate Editor covering science and cutting edge tech.

Source: Jeff Bezos Unveils Blue Origin’s Lunar Lander; Announces Launch Of Next-Gen Rocket In 2021

Bitcoin Holds Over $6,000, Beats Stocks And Gold In 2019, Will It Ever Get Back To $20,000?

uncaptioned

Bitcoin has outperformed stocks and gold, so far, in 2019.

The digital currency has gained close to 68% YTD, the NASDAQ QQQ Invesco ETF shares have gained 18.09%, the Russel 2000 iShares ETF has gained 15.04%, while SPDR Gold shares have lost 0.08%.

Stocks, Gold, and Bitcoin YTD

Stocks, Gold, and Bitcoin YTD

Koyfin

Meanwhile, the rest of the cryptocurrency was mixed, with 30 out of the top 100 advancing, and 70 falling over the last seven days.

Table 1

Number of Cryptocurrencies That Advanced/Declined In The Top 100 Ranks

Cryptocurrencies Advance/Decline Number
Advance 30
Decline 70

Source: Coinmarketcap.com 5/10/19 at 10 a.m

“The worst of the bitcoin bear market is behind us,” says Ian King, senior research analyst at Banyan Hill Publishing, who specializes in cryptocurrencies.

He sees a number of factors driving the Bitcoin rally this time around. One of them is resilience. “In 2017-2018, Bitcoin had a boom and bust, but it’s still here,” adds King.“The November 2018 capitulation was a mirror image of the panic buying of December 2017.”

Market capitulations usually follow bad news, but are signals of strong turnarounds. “All markets bottom when they stop selling off on bad news,” says King.  “Two weeks ago, the NYAG claimed Bitfinex was missing $850mm in customer funds.  The market sold off and then rallied.”

That’s the 4th boom and bust cycle since Bitcoin’s creation 10 years ago, observes King.  “I’m more confident of this recovery than I was of the last, as there are more institutions and retail investors looking at bitcoin as a digital store of value,” adds King.

Meanwhile, Fidelity, Ameritrade, and ETrade are planning to launch institutional trading platforms within the next few weeks, raising market participation.

That’s a bullish sign for Bitcoin, according to King.

But will Bitcoin ever reach $20,000 again? Not in 2019, according to Farrukh Shaikh, Co-Founder and CFO

-Gath3r, LTD. “In the coming few months, it is not very likely at all to go near the all-time high of $20,000. However, 2020 is when the halving occurs for BTC, where mining rewards get cut in half ie reducing future supply,” says Shaikh. “This would be the 3rd halving for BTC since inception, and previous ones have been catalysts for huge price increases for BTC.”

And that could help  Bitcoin reach $20,000 by 2021, according to Shaikh. “Speaking from a technical analysis perspective. there are several scenarios where it can reach and surpass the $20,000 price point within the next couple of years,” adds Shaikh.“On a fundamental basis, real world use, adoption and acceptance of BTC is increasing with each passing month, which are also positives for its future price expectations.”

While, it’s hard to predict where the digital currency will be in a couple of years from now, one thing is clear: volatility will continue in cryptocurrency markets.

[Ed. note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. Disclosure: I don’t own any Bitcoin.]

My recent book The Ten Golden Rules Of Leadership is published  by AMACOM, and can be found here. 

I’m Professor and Chair of the Department of Economics at LIU Post in New York. I also teach at Columbia University.

Source: Bitcoin Holds Over $6,000, Beats Stocks And Gold In 2019, Will It Ever Get Back To $20,000?

New Facebook Lawsuit Suggests ‘Another Cambridge Analytica’ Has Come To Light

Facebook CEO Mark Zuckerberg after meeting French President Emmanuel Macron in Paris, 10 May 2019.

Just a few hours after meeting French President Emmanuel Macron to discuss the ways in which the company can become more accountable for the content published on its platform, and just a few days after Facebook’s co-founder Chris Hughes slammed the company and its CEO for what they have become, the company quietly announced on Friday that another Cambridge Analytica may have come to light.

“Today Facebook filed a lawsuit in California state court against Rankwave, a South Korean data analytics company that ran apps on the Facebook platform.” TechCrunch obtained a copy of the lawsuit and said that it “centers around Rankwave offering to help businesses build a Facebook authorization step into their apps so they can pass all the user data to Rankwave, which then analyzes biographic and behavioral traits to supply user contact info and ad targeting assistance to the business.”

Rankwave’s business model has echoes of Cambridge Analytica, where personality quizzes were used to build complex algorithms that targeted users and their circles of friends with highly-targeted ads. These ads were designed to shape voting behavior, amongst other things.

Facebook has accused Rankwave of using more than 30 apps to track and analyze comments and likes. They also have an app to track the popularity of a user’s posts, calculating a ‘social influence score’. That app is still available on the Google Play Store at the time of writing.

One of the major criticisms of Facebook over Cambridge Analytica was their delayed response. And ‘delayed’ might be a benevolent description. ‘Reluctant’ might be more apt. The company denied any exec-level knowledge of what was taking place on their platform, but this was undermined when reports of undisclosed meetings were exposed.

The Cambridge Analytica scandal is at the heart of the expected multi-billion-dollar FTC fine and the various criminal investigations taking place in the U.S. It was also, along with the torrent of inappropriate content that has come to light, responsible for the bow wave of regulation now coming into play worldwide. Cue that meeting with President Macron.

“We need new rules for the internet that will spell out the responsibilities of companies and those of governments,” Zuckerberg said in an interview with a French TV channel after meeting President Macron.

“Worryingly,’ writes TechCrunch, “Facebook didn’t reach out to Rankwave until January 2019 for information proving it complied with the social network’s policies. After receiving no response, Facebook issued a cease-and-desist order in February, which Rankwave replied to seeking more time because it’s CTO had resigned, which Facebook calls ‘false representations’. Later that month, Rankwave denied violating Facebook’s policies but refused to provide proof. Facebook gave it more time to provide proof, but Rankwave didn’t respond. Facebook has now shut down Rankwave’s apps.”

More echoes of Cambridge Analytica.

According to Facebook, the company “was investigating Rankwave’s data practices in relation to its advertising and marketing services. Rankwave failed to cooperate with our efforts to verify their compliance with our policies, which we require of all developers using our platform. Facebook has already suspended apps and accounts associated with Rankwave, and today’s suit asks the court to enforce the basic cooperation terms that Rankwave agreed to in exchange for the opportunity to operate apps on the platform.”

Earlier in the week, two U.S. senators penned an open letter to the Federal Trade Commission, demanding that the imminent sanctions against Facebook go much further than the “bargain” $3 billion to $5 billion fine that is expected. The senators wrote, “to urge the Commission to act swiftly to conclude its investigation of Facebook, and to move to compel sweeping changes to end the social network’s pattern of misuse and abuse of personal data.”

“The FTC must set a resounding precedent that is heard by Facebook and any other tech company that disregards the law in a rapacious quest for growth,” they said, arguing that fines are insufficient. “The FTC should impose long-term limits on Facebook’s collection and use of personal information, [this might include rules] on what Facebook can do with consumers’ private information, such as requiring the deletion of tracking data, restricting the collection of certain types of information, curbing advertising practices, and imposing a firewall on sharing private data between different products.”

This is exactly the kind of ‘don’t act until you have to’ activity they had in mind.

“By filing the lawsuit,” Facebook said on Friday, “we are sending a message to developers that Facebook is serious about enforcing our policies, including requiring developers to cooperate with us during an investigation.”

Maybe. But by waiting this long and giving Rankwave this much time and space to continue allegedly abusive behavior, you sent an entirely different message. Facebook wants a  judge to force Rankwave to allow an audit to show the extent of data being obtained and sold by the analytics company. Facebook also wants Rankwave to pay damages for harming Facebook’s ‘reputation’ and ‘public trust’. Reputation and public trust.

What’s that phrase about horses and stable doors?

Find me on Twitter or Linkedin or email zakd@me.com.

I am the Founder/CEO of Digital Barriers, a provider of AI and IoT surveillance technologies to defense, security and law enforcement agencies worldwide.

Source: New Facebook Lawsuit Suggests ‘Another Cambridge Analytica’ Has Come To Light

Here’s Why We Suddenly Stopped Hearing About A Recession

Topline: Economists—especially after the stock market took a dive in December—had been warning that a recession was coming, and possibly imminent. But a combination of low-interest rates and an improving labor market has quickly silenced those fears — and complicating the hopes of Donald Trump’s foes in 2020.

  • The risk of a recession decreased last week after the Federal Reserve declined to raise interest rates this year, said Brian Rose, senior Americas economist at UBS Global Wealth Management’s Chief Investment Office.
  • Combined with a stock market bounce-back and a growing economy, investors are now optimistic — a big shift from earlier this year.
  • Major economic predictors showing an increased threat of a recession have scaled back it’s predictions in recent weeks.
  • Asterisk: If President Donald Trump escalates the trade conflict with China by adding more tariffs on Chinese imports—particularly auto parts—the economy could suffer, increasing the chances of a recession, Rose said.

Earlier this year, half of economists surveyed by the National Association for Business Economics predicted a recession in 2020. Another poll of economists by the Wall Street Journal in January put the chances of a recession at 25 percent—the highest since 2011.

Coverage piled on (a few examples: “4 Signs Another Recession Is Coming―And What It Means For You,” “A recession is coming, but don’t flee markets yet,” “The Next Recession Is Coming. Now What?”), with many predicting bad news for Trump (Politico: “Trump advisers fear 2020 nightmare: A recession”). Some industries girded for the worst, like online lenders, who tightened its rules to lessen risk.

And then, suddenly, the panic eased. Now Goldman Sachs economists say there is only a 10 percent chance of a recession. What happened?

The biggest factor in that shift came when the Federal Reserve opted not to not raise interest rates, a pleasant surprise to economists. Rose said lower-than-expected inflation led the Fed to keep rates modest.

The economy, too, has grown, allaying recession fears. According to the latest job numbers, the U.S. has the lowest unemployment rate in 50 years.

“It is hard to have a recession when unemployment is this low and interest rates are this low,” Richmond Federal Reserve president Tom Barkin said on Wednesday.

The biggest risk of recession comes from Trump himself. If he increases tariffs on more goods than the $200 billion in Chinese imports he’s already promised, the risk of a recession increases, Rose said. As trade negotiations remain rocky, investors are increasingly concerned.

“Left on it’s own, there’s little risk to the economy,” he said. “The real risk of a recession comes from policy, particularly trade.”

Barring another recession, positive economic growth should mean good news for Trump in 2020. But as it stands, Trump is still relatively unpopular (his approval rating sits at 46 percent, although that is a high for him). And most forecasters agree the economy won’t grow as much as the White House says it will.

“A normal president with these economic numbers would have job approval somewhere in the vicinity of 60%,” Republican pollster Whit Ayres told the Los Angeles Times. “But Donald Trump is a nontraditional president, and he has, at least at this point, severed the traditional relationship between economic well-being and presidential job approval.”

Still, a recent CNN poll found that 56 percent of Americans approve of Trump’s handling of the economy. And while many Democrats haven’t focused on the latest job numbers, Senator Amy Klobuchar (D-MN), who is running for president, tried spinning the numbers a different way during an appearance on CNN, crediting President Obama with job growth.

I’m a San Francisco-based reporter covering breaking news at Forbes. Previously, I’ve reported for USA Today, Business Insider,

Source: Here’s Why We Suddenly Stopped Hearing About A Recession

Only an Idiot Would Use Facebook’s Shady Cryptocurrency

In its neverending conquest to take over the world, Facebook is building a network of online merchants and financial institutions to support its secretive new cryptocurrency. The Wall Street Journal reports that Mark Zuckerberg’s war machine is looking for $1 billion to fund the secretive stablecoin project, Project Libra, and is talking with heavyweights like Visa and Mastercard to get that cash.

FACEBOOK WANTS $1 BILLION TO FUND PROJECT LIBRA

The company started Project Libra over a year ago as a simple way to transfer money between WhatsApp users. But in true Facebook fashion, it’s grown far beyond that original scope.

The project has expanded to include e-commerce payments on Facebook and other websites as well as rewards for viewing ads, shopping online, and interacting with content.

Facebook cryptocurrency daily users potential

The upcoming Facebook cryptocurrency would reach the platform’s nearly 1.6 billion daily active users. | Source: Wall Street Journal

Facebook’s 2.38 billion monthly active users mean that, at launch, Project Libra would almost immediately compete with rivals Apple Pay (383M) and PayPal (267M). However, there are several reasons why you, and everyone else, should avoid Facebook’s upcoming cryptocurrency at all costs.

WHO TRUSTS FACEBOOK ANYMORE?

Let’s take a walk down memory lane to remember the times that Facebook proved it should be nowhere near your money.

CAMBRIDGE ANALYTICA

There’s no better place to start than Facebook’s Cambridge Analytica scandal – the mac daddy of screw-ups. In 2014, the social media company sold the personal data of  87 million users to Cambridge Analytica without the users’ consent. Doing so was in direct violation of the company’s privacy policies.

Adding your financial data to the massive pile of personal information that Facebook already has on you is asking for trouble.

PLAINTEXT PASSWORDS

If Facebook’s data breaches weren’t enough to scare you, let’s examine how the company handles passwords. Hint: Not well.

In March, Facebook revealed that it had been storing hundreds of millions of account passwords in a readable, plaintext format since 2012. Although there was no evidence that outside parties had access to the passwords, employees could grab them with ease.

Don’t forget about the company’s Amazon snafu that exposed data from 500 million accounts either.

By trusting any amount of money to a company that can’t even secure passwords, you’re effectively placing a sign on your back that says, “Please come and rob me!”

FACEBOOK CENSORSHIP

The beauty of Bitcoin and other cryptocurrency assets is that they’re censorship-resistant. No single party can freeze your bitcoin wallet or block a transaction. Facebook can, and will, block your financial account whenever it pleases. The company’s already begun showing this overreach of power with its recent account bans.

This week, Facebook announced the bans of several individuals including Alex Jones, Louis Farrakhan, and Milo Yiannopoulos. Representatives from the company explainedthat those they banned violated the platform’s policy on hate speech and promoting violence.

While that reasoning may hold, it sets a dangerous precedent for future action. Where do you draw the line on censorship? The banning demonstrates that Facebook has the power to freeze your crypto assets if it doesn’t share your particular views and can block transactions to causes it may not support.

FACEBOOK CRYPTO SHOULD BE DEAD ON ARRIVAL

Facebook’s cryptocurrency comes with all of the downsides of the company behind it and none of the benefits of an actual cryptocurrency. Anyone hyping it up as a step toward mass adoption simply doesn’t understand what makes crypto great.

If you’re looking for a currency with poor security and oppressive censorship, give your money to Facebook. If not, stay far, far away.

Source: Only an Idiot Would Use Facebook’s Shady Cryptocurrency

%d bloggers like this:
Skip to toolbar