Year: 2020

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Twitter says Olympics, IOC accounts hacked

February 15, 2020 admin Comments Off on Twitter says Olympics, IOC accounts hacked

The accounts were hacked through a third-party platform, a spokesperson for the social media platform said in an emailed statement, without giving further details. “As soon as we were made aware of the issue, we locked the compromised accounts and are working closely with our partners to restore them,” the Twitter spokesperson said. A spokesperson for the IOC separately said that the IOC was investigating the potential breach. …read more […]

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Is This Federal Budget Doomed to Bust?

February 15, 2020 admin Comments Off on Is This Federal Budget Doomed to Bust?

Earlier this week, President Trump released his latest budget proposal. And like all recent presidents have stated, Trump believes that his budget would promote spending cuts and deficit reduction.
And as the opposition in Congress always says when a budget is presented, the spending cuts are in the wrong place, and the deficit reduction depends on pie-in-the-sky assumptions.
As always, the truth probably lies somewhere in the middle.
But before we dive in, we have to take a brief dive into the national budget history – going back to 1969.
Since then, there has been a year-end budget surplus only five times.
According to Congressional …read more […]

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TikTok IPO: Will ByteDance Go Public in 2020?

February 15, 2020 admin Comments Off on TikTok IPO: Will ByteDance Go Public in 2020?

TikTok is a popular app with Gen-Z and millennials. It has a strong user base in the west and is expanding around the world. With this growth, investors are asking about a TikTok IPO. Although, its parent company ByteDance is more likely to go public.
However, many investors are skeptical of an IPO. The company might not be worth its lofty valuation. ByteDance is an investment unicorn and one of the highest valued startups in the world. Private investors have valued it at as much as $78 billion. That’s steep, and there are other concerns the company needs to address before …read more […]