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FTC Nukes Facebook with Record $5B Fine and Zuck Will Laugh It Off

The Federal Trade Commission has whacked Facebook with a record $5 billion fine stemming from the 2018 scandal in which a political consulting firm improperly accessed Facebook user data. The fine comes as a result of settlement talks between the two entities. The consulting firm, Cambridge Analytica, scraped data from 87 million Facebook profiles without […]

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Brazilian State Launches Blockchain Platform for Government Contract Bids

In Brazil, the state of Bahia has launched a mobile app that makes its government’s contract bidding process transparent, purportedly to benefit agriculturalists Source: https://cointelegraph.com/rss

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Ethereum-Based Augur Enhancement App Veil Closes Up Shop

Veil, a project that purportedly attempted to make Ethereum-based predictions platform Augur mainstream, has discontinued its service Source: https://cointelegraph.com/rss

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Finance Professor Says Stock Market Is Cheap. Here's Why He's Wrong

Jeremy Siegel, a normally astute finance professor from the University of Pennsylvania, told CNBC that he thinks the stock market has another 5 percent to 6 percent upside to reach fair value. He’s out of his mind. “I think fair market value does give us another 5%, 6% this year, but we may go up […]

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Scientists unveil image of quantum entanglement for the first time ever

For the first time ever, physicists have captured an image of quantum entanglement. In a paper published in the journal of Scientific Advances, scientists from the University of Glasglow shared the first known image of a Bell entanglement. The photo… Source: engadget