Recent comments in /f/news

0pimo t1_jchwygy wrote

The basic thing to understand about Wall Street is that stocks go up and down largely based on how people feel about things, not based on any real quantitative reasoning.

A company posts record profits? Stock goes up. The amount it goes up isn't based on how big the profits are really other than the bigger the number the more people like it.

If you want to see this stupidity in action, at one point Tesla was valued more than every other car company on the planet combined.

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cookingboy t1_jchvgyz wrote

> This isn’t a personal freedom or free speech issue, it’s a data and influence issue.

It’s both.

> If China doesn’t trust Western social networks having their citizen’s data or subject to their algorithms

That’s what China says. In reality they want a censored internet for their citizens and full control of what their people sees online. US is heading down the same path once we start banning apps and websites from countries that are not US allies.

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Vdawgp t1_jchu9vo wrote

This isn’t a personal freedom or free speech issue, it’s a data and influence issue. If China doesn’t trust Western social networks having their citizen’s data or subject to their algorithms, than we shouldn’t trust the CCP’s either. We wouldn’t have allowed the USSR to buy NBC, and I fail to see how this is any different.

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warpedaeroplane t1_jche5qs wrote

It’s cliche and obviously there’s more nuance here but…they’re called the Greatest Generation for a reason. The things those men…boys, a lot of em really, did, saved humanity as we know it. I’m not a real “patriot” or anything but WWII and the men who fought in it fill me with a very intense and awesome reverence and pride.

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