Facebook’s Zuckerberg, Elon Musk and bitcoin: The biggest Tech Turkeys of 2018
One of the latest news about facebook founder Mark Zuckerburg is about Bitcoin currency that become biggest currency of Turkey today. For new generation of a nation, the president of the United States has show in the holiday season by a turkey, saving it from the Thanks giving dinner table. Unfortunately for the tech industry, there’s no saving its turkeys. And much of it intersects with politics because Facebook, Twitter, Google and Reddit are now ground zero for election interference, fake news, hacking and online troll wars that spill into the real world.
Facebook stumbles into a massive scandal with Cambridge Analytica
According to a new survey, almost eleven months ago, Facebook founder and CEO Mark Zuckerberg said his New Year’s resolution was to fix Facebook. He’d likely agree that he didn’t accomplish the task. In the month of March, The New York Times and The Guardian’s Observer broke news that the social networking giant had covered up a massive data leak of its users’ names, emails, likes and friends that affected as many as 87 million people that are more for that reason. Cambridge Analytica, the political consultancy that received the data, had worked for Donald Trump’s 2016 presidential campaign in past. To make matters worse, Facebook didn’t reveal the leak for three years. In the end, Zuckerberg was called to Capitol Hill to give his first public testimony to the Senate and House of Representatives.
Bitcoin’s dramatic rise and fall
With the awareness and progress of crypto currency Bitcoin becomes popular among people of every nation around the world. Bitcoin a mess would be an insult to messes. What began as a crypto currency with wild-eyed plans to become the world’s primary way of shuffling money around has since descended into madness and people are engaged by heart. Rate of Prices on bitcoin exchanges fluctuated wildly. Bitcoin itself rose to more than $20,500 apiece at the end of last year before falling to around $6,500 now. Now Bitcoin and the block chain technology that helps keep track of how much of the crypto currency everyone owns and save for money. It has become a joke in the tech industry. There are so many block chain that are based startups that it’s become an image. Speculators hoping to make a quick buck off bitcoin have a new moniker: bitcoin bros.