FB News and Press, Facebook Inc. From 01/22/21

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Loon goes pop Alphabet ([[GOOG]], [[GOOGL]]) is pulling the pin on Project Loon, a decade-old venture that planned to beam internet to Earth via giant ball...

Alphabet ([[GOOG]], [[GOOGL]]) is pulling the pin on Project Loon, a decade old venture that planned to beam internet to Earth via giant balloons. While it struggled to get off the ground, the experimental business saw some successes over the years, like helping restore cell service in Puerto...

As Google ([[GOOG]], [[GOOGL]]) is making peace with paying news publishers in France, it's escalating the battle elsewhere. It's threatened to disable its search engine in Australia if a proposed law passes forcing payment to local publishers. Google and Australia have been in a stand-off ov...

BlackBerry is an old tech company losing market share. It can't grow organic sales. The dollar-based net retention rate of BlackBerry Cylance has fallen since the acquisition. BlackBerry Rader is irrelevant versus UpKeep. BlackBerry Workspaces is irrelevant versus Microsoft ShareP...

In this piece, I highlight the performance of my annual portfolio project: Nick's Picks. This project dates back to 2016. Coming into 2020, I was 4/4 competing against the S&P 500. Unfortunately, in 2020, Nick's Picks only generated a return of 11.3%, which underperformed the ...

Facebook's (FB +1.5%) independent Oversight Board is taking on its highest-profile case yet: the indefinite suspension of former President Donald Trump from Facebook and Instagram. The company referred its decision to the Oversight Board to render a final call on whether Trump can return to t...

Distillate Capital Partners was formed in 2017 and is based in Chicago, IL. The fund strategies use cash-flow-based measures of value and quality that are designed to avoid accounting distortions that we believe have rendered many traditional metrics less relevant in an increasingly asset...

It's only the second pitch of the first inning in The Virtual Reality Revolution. A marketplace that Wall Street has totally overlooked thus far. I think VDR will be a trillion-dollar marketplace within the next half decade. For further details see: Virtual Derivative Re...

Mukesh Ambani -- India's wealthiest man -- entered the country's e-commerce market with a bang last year and take on American heavyweights Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT) . Ambani's JioMart e-commerce venture scaled up rapidly in a short time, thanks to par...

Arista has had a disappointing 2020 but appears to be poised for double-digit revenue growth in 2021. Strong ESE (forward-looking Rule of 40) of 43% suggests that Arista is in fine shape in the coming year based on growth and profitability. The stock is fairly valued according to ...