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Analyst initiates three social media stocks, and guess which one is a sell?

“SNAP, +2.39% which Youssef Squali, lead analyst on all three reports, initiated at sell, saying the company has more downside than reflected in analyst estimates” writes Caitlin Huston for marketwatch.com. Snap has a young and “impressive” user base, Squali said, particularly in terms of engagement on the platform.Snap’s user growth, which touched 173 million daily active users in its latest quarter, up 21% from the year-earlier period, is a sign of a healthy base, he said.SunTrust Robinson Humphrey initiated coverage of three big social media platforms Wednesday, taking a bearish…

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Investment platform Gambitious is now called Good Shepherd Entertainment

“Gambitious, the hybrid indie game publisher and investment platform, is changing its name to Good Shepherd Entertainment” writes Aug Edt for polygon.com. Unlike other platforms, like Fig or Kickstarter, that sum is guaranteed by Good Shepherd.It’s also staffing up with a complement of full-time hires thanks to a new round of investment from Advance/Newhouse.Shares in each project are then sold as an investment opportunity to a small group of accredited investors. Source: polygon.com Share This:

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Former Miss America Is Running for Illinois Attorney General

“Erika Harold, a former Miss America and unsuccessful congressional candidate, is expected to announce a Republican bid for attorney general in Illinois” writes Rebecca Gibian for realclearlife.com. She won the Miss America pageant in 2003 and used her platform to start a program to combat bullying in schools. Her platform opposed abortion rights, same-sex marriage, legalized marijuana and supported gun-owner rights and the repeal of the Affordable Care Act. Source: realclearlife.com Share This:

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Beyond KDA: Mobalytics launches open beta for League of Legends analysis

“Mobalytics is launching the open beta of its analytics platform for League of Legends players, providing an automated way to give coaching advice to millions of wannabe pro gamers” writes Dean Takahashi for venturebeat.com. Cofounder Amine Issa said in an interview with GamesBeat that his company has created its Gamer Performance Index (GPI) platform to measure a player’s performance in League matches. Source: venturebeat.com Share This:

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How the tech industry is responding to the far-right

“The bigger picture: This is just one of the recent instances of the tech industry pushing back against the far-right” writes Erica Pandey for axios.com. Why it matters: Tech platforms have been criticized by all sides for hosting extremist content.Alt-right groups have started creating their own platforms that cater to right-wing users with fewer rules, the LA Times reports. Source: axios.com Share This:

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Airbnb CEO Brian Chesky says white supremacy has ‘no place in this world’

“When we see people pursuing behavior on the platform that would be antithetical to the Airbnb Community Commitment, we take appropriate action” writes Aug Edt for theverge.com. It may on the surface appear to be a thorny gray area, given Airbnb is a housing platform subject to specific anti-discrimination laws.However, in light of the more brazen and public displays of racism and white supremacy that have sprouted up since the election of President Donald Trump, Airbnb is now using its Community Commitment to prevent white nationalists and other fringe political…

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Questrade enhances work with options chains in IQ Edge platform

“Canadian securities brokerage Questrade has enhanced the work with options chains in the latest release of the IQ Edge platform” reports financefeeds.com. The latest enhancements to IQ Edge are in tune with those introduced to the platform earlier this year.Going back to the latest update to IQ Edge, the comments on Questrade’s community forum suggest that traders are overall pleased with the new features.The key aim of that IQ Edge update was to boost margin visibility and to offer more in-depth research tools to assist traders in making informed trading…

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Rocket Internet’s Glossybox acquired by UK ecommerce platform player, THG

“The number of beauty subscription boxes has grown in recent years, as more companies jumped on the product subscription bandwagon” writes Hour Ago Jordan for techcrunch.com. Glossybox, a BirchBox clone launched by the Samwer brothers back in 2011 to deliver willing consumers a monthly subscription of beauty products, has been acquired by UK online retailer and ecommerce platform operator, The Hut Group (THG).THG has several subscription box products of its own, such as its lookfantastic brand Beauty Box, although it also offers subscription box offerings beyond the beauty space, such as…

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The Sky’s The Limit For Kenyan Online Marketplace Sky.Garden

“What the Sky.Garden platform does differently is allow sellers to manage online inventory just as they would in a brick-and-mortar setting” reports pymnts.com. Individuals and businesses in the less-wealthy segments of the economy have little opportunity to reap the benefits of online commerce. Source: pymnts.com Share This:

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