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Joined 9 years ago
Joined 9 years ago
https://theintercept.com/2017/03/30/facebook-failed-to-prote...
>In late 2015, the turkers began reporting that the Global Science Research survey had abruptly shut down. The Guardian had published a report that exposed exactly who the turkers were working for. Their data was being collected by Aleksandr Kogan, a young lecturer at Cambridge University. Kogan founded Global Science Research in 2014, after the university’s psychology department refused to allow him to use its own pool of data for commercial purposes. The data collection that Kogan undertook independent of the university was done on behalf of a military contractor called Strategic Communication Laboratories, or SCL. The company’s election division claims to use “data-driven messaging” as part of “delivering electoral success.”
>Shortly after The Guardian published its 2015 article, Facebook contacted Global Science Research and requested that it delete the data it had taken from Facebook users. Facebook’s policies give Facebook the right to delete data gathered by any app deemed to be “negatively impacting the Platform.” The company believes that Kogan and SCL complied with the request, which was made during the Republican primary, before Cambridge Analytica switched over from Ted Cruz’s campaign to Donald Trump’s. It remains unclear what was ultimately done with the Facebook data, or whether any models or algorithms derived from it wound up being used by the Trump campaign.
>In public, Facebook continues to maintain that whatever happened during the run-up to the election was business as usual. “Our investigation to date has not uncovered anything that suggests wrongdoing,” a Facebook spokesperson told The Intercept.
>Facebook appears not to have considered Global Science Research’s data collection to have been a serious ethical lapse. Joseph Chancellor, Kogan’s main collaborator on the SCL project and a former co-owner of Global Science Research, is now employed by Facebook Research. “The work that he did previously has no bearing on the work that he does at Facebook,” a Facebook spokesperson told The Intercept.
The study only looks out the count of games and not the dollar amount spent. A non-pirate who buys a $60 game and all the DLC and microtransactions is counted the same as a pirate who buys one $0.99 steam sale game. It does say that sales for blockbuster movies are heavily impacted by piracy.
Now since cryptos are currencies themselves, it makes no sense of talking about a market cap. The market cap of stellar is the number of stellar available.
The market cap of a real currency like USD is the money supply. The money supply has probably a couple dozen different definitions depending on how you want to look at it and the fungibility of different representation of money. (Eg does it really make sense to consider burned bitcoin or satoshi's supposedly "never moving" bitcoin as part of the "money supply")
https://en.wikipedia.org/wiki/Money_supply#United_States
There is a reason forex market economists/analysts don't talk about the "market cap" of the Japanese Yen or market cap of the British pound.
There is also the whole intrinsic value of a company part. People buy stock because they believe the company is worth more than other people do. They (except for minor exceptions in the case of small investors) judge the companies future ability to generate profits and cash to decide on whether the buy or sell the stock. People buy crypto on pure speculation that other people will buy crypto in the future.
https://corpgov.law.harvard.edu/2013/02/05/rule-10b5-1-plans...
"Vendor Agreements We have agreements with our vendors to receive funds for advertising services, cooperative marketing efforts, promotions, and volume rebates. We generally consider amounts received from vendors to be a reduction of the prices we pay for their goods, including property and equipment, or services, and therefore record those amounts as a reduction of the cost of inventory, cost of services, or cost of property and equipment"
http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-sec...
https://www.insidehighered.com/news/2017/09/11/reed-college-...
"Fast forward to today, in March and April, MoviePass paid AMC $12.02 per ticket on hundreds and hundreds and hundreds of thousands of tickets each month, hundreds of thousands of their subscribers came through AMC theaters to enjoy our product. They did so at a frequency of 2.62 times in March and 2.75 times in April. Now, I took the calculator out and I multiplied 2.75 times $12.02, and I got to a number that was considerably larger than 995. So just as we were hearing that -- the MoviePass price point was unsustainable in August, we have the same questions today. And apparently we’re not alone in that view. Our doubts are now shared and articulated by MoviePass's orders."
https://seekingalpha.com/article/4170917-amc-entertainment-h...