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Another Day, Another Facebook Scandal

Posted October 25, 2021

Ray Blanco

By Ray Blanco

Another Day, Another Facebook Scandal

It feels like every week we get a new Facebook scandal… 

The release of "The Facebook Papers" is a huge black eye for the social media giant. 

One that could lead to even more calls from regulators and politicians in Washington to break up Facebook.

Read below for more on that and everything I have my eye on this week…

1. Another Day, Another Facebook Scandal 

"The Facebook Papers" are a collection of internal documents from disclosures that were made to the Securities and Exchange Commission. 

These documents were provided to Congress by whistleblower Frances Haugen's legal team. 

This is just the latest in a long line of bad press that Facebook has been receiving. 

Will this be the call congress needs to start breaking up Facebook? 

2. Jeff Bezos Wants to Build a Space Station for Tourism

Space tourism is certainly an exciting concept, one that was once thought to only be science fiction.

Well this week, we got an update from Amazon and Blue Origin founder Jeff Bezos. 

The rocket and space tourism company recently proposed a massive new commercial space station called "Orbital Reef". 

This new station could be used to host science experiments, vacation getaways, and potentially even in-space manufacturing.

3. We Have Electric Cars, but What About Electric Planes?

Currently, there are a few batteries on the absolute cutting edge of battery technology.

The problem is, they’re still too expensive for cars. But that might not be the case for planes… 

These new high-range, low-weight batteries could be another puzzle piece that goes into building a commercial electric plane.

In fact, we could potentially see the commercial use of electric planes sooner than we might think. 

4. Twitter Working on an NFT Collectible Tab

Do you own an NFT that you’d like to display on social media? 

Twitter might soon have a solution for you...

The social media company is reportedly working on a new tab within its service where users can display their NFT collectibles. 

A software engineer for Twitter first showed off the early stages of this experiment in late September.

5. Tesla Tops $1 Trillion

It felt like an inevitability, but Tesla finally hit a $1 trillion valuation earlier today. 

Tesla has been one of the hottest stocks of the past two years.

And today, its stock saw a massive rally on the news that Hertz placed an order for 100,000 vehicles from the company. 

This order comes from an ambitious plan for the rental car company to electrify its fleet.

To a bright future,

Ray Blanco

Ray Blanco
Chief Technology Expert, Technology Profits Daily
AskRay@StPaulResearch.com

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