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Huawei's "Backdoor" Vodafone has hit back hard against the Bloomberg piece we mentioned yesterday, which said the telecoms firm found backdoors in the Huawei equipment it was using eight to 10 years ago. The "backdoors" were actually routine mechanisms for diagnostic testing during installation...

China Compromise President Donald Trump has reportedly dropped the U.S.'s demand that China end commercial "cyber theft" activities, in order to seal the U.S.-China trade deal. "A lot of issues are being jettisoned from this negotiation because President Trump wants a deal," a source told the...

Apple Shares Apple's share price rose around 5% in after-hours trading, following a quarterly report that beat analyst expectations on dividends. Apple's guidance for its June quarter sales also came in above consensus. However, the results also showed Apple's first back-to-back drop in...

Facebook Changes Apart from discovering that others don't find Facebook's abysmal privacy record as hilarious as he does, Mark Zuckerberg used yesterday's speech to unveil changes to a bunch of Facebook products. Facebook Messenger is now encrypted by default, Instagram is trialling a "private...

You can now get snacks from Disney World sent straight to your door every month Aside from the magical rides and parades that Disney World is known for, the Orlando theme park is also highly regarded for its selection of snacks and candy. But, unfortunately for fans, signature Disney food can...

California lawmaker wants continued scrutiny of PG&E bankruptcy Assemblymember Chris Holden warned PG&E that any bankruptcy-sanctioned reorganization must not jeopardize the state's "safety, energy reliability and climate change goals." The resolution also states that the legislature expects...

Uber's IPO is reportedly sold-out just three days into its investor roadshow Just three days into its IPO roadshow, Uber has already garnered enough demand to sell its full 180 million shares, Bloomberg reported Tuesday, citing anonymous sources familiar with the matter. The ride-hailing giant...

https://www.insidermonkey.com/blog/hedge-fund-investor-letters-2019-q1-739258/

“Put more trust in nobility of character than in an oath.” - Solon

“I prefer liberty with danger than peace with slavery.” ― Jean-Jacques Rousseau

Alphabet Stumble Alphabet's shares fell more than 7% after the Google parent reported slowing growth. Its earnings were hit by increasing competition in the online ad market, and also by the $1.69 billion antitrust fine levied in the EU last month. Alphabet blamed currency exchange rates for...

Twitter announces new content deals with Univision, the Wall Street Journal and others Twitter unveiled a number of new content deals and renewals at its NewFronts event for digital advertisers. That includes a partnership with Univision covering Spanish-language sports, news and entertainment...

The Rich List’s Losers...

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To improve my digestion I drink beer, When I have no appetite I drink white wine, If I have low pressure I drink - red, When I have high pressure - cognac, When I have tonsillitis - vodka. - And water?... - I did not have yet this type of disease - Rita Levi Montalcini Dead on 104 year of her life

“Above all do not fear the difficult moments. The best comes from them.” - Rita Levi Montalcini

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“Perseverance is failing 19 times and succeeding the 20th.” - Julie Andrews

Coco Chanel goes west in new Chanel film As part of Chanel’s ongoing series of short films, Inside Chanel, the brand explores the history of Chanel, the Chanel woman, and the secrets of the house’s manufacturing. Friday, the house revealed Chapter 25, which encompasses Gabrielle “Coco” Chanel...