🪖 This Big Tech "Arms Race" JUST boiled over 🔆

This new tech hyper-trend is set to devour the market.... [WSW Logo]( [divider]( A special message from the Editor of Wall Street Wizardry: We are often approached by other businesses with special offers for our readers. While many don’t make the cut, the message below is one we believe deserves your consideration. [devider] Hey, Chris Rowe here... Consider this your official heads up: [This new tech hyper-trend]( is set to devour the market. Slowly, then all at once. It's blasting toward us like a high-speed train. And I believe it will make every other tech disruption you have seen (like Electric Vehicles and cryptocurrencies) look trivial. Our country's "Smart Money" is already obsessed with it (myself included). - Goldman Sachs values it at $8 TRILLION dollars… - Bank America admitted it's a "massive, massive opportunity"... - One entire NATION is even betting their wealth on it… For Big Tech, it has become an "Arms Race". Nobody wants to get left behind. Why? Listen to this... Tech visionary and billionaire, Tim Sweeney, said whoever wins this Big Tech Arms Race will be: "More powerful than any government and be a god on Earth." Don't be the last one to understand this "Gods On Earth" investment opportunity… and how it connects to YOUR portfolio. [Click here immediately]( Chris Rowe, Founder & CEO, True Market Insiders. PS: I included the name and ticker of a so-called "God on Earth" investment which looks set to skyrocket. [(Get it here. It's 100% FREE OF CHARGE for a limited time.)]( But act fast. This free exposé won't be online much longer. Regulatory intervention on the horizon Advertisement Aside from ongoing litigation from investors and employees, Musk could face investigations by regulatory bodies for his actions at Twitter, following allegations the company is shirking Federal Trade Commission (FTC) regulations. The Verge reported on Thursday that Twitter may be neglecting to follow an FTC order issued in May after agreeing to a settlement with the agency that would require it to perform privacy reviews before making changes to products. According to the report, Musk had already “bypassed standard data governance processes”, and an internal lawyer at the company warned that the company could be opening itself up to billions of dollars in fines. The FTC in response has said it is “tracking recent developments at Twitter with deep concern”. MLB: Houston Astros-Championship Parade Nov 7, 2022; Houston, Texas, USA; State senator Ted Cruz (orange) waves to the crowd during the Houston Astros Championship Parade in Houston, TX. Mandatory Credit: Erik Williams-USA TODAY Sports A drunk pope? Ted Cruz the cannibal? Twitter parodies exploit new blue tick Read more “No CEO or company is above the law, and companies must follow our consent decrees,” the agency said in a statement. “Our revised order gives us new tools to ensure compliance, and we are prepared to use them.” Bankruptcy concerns as advertisers flee Advertisers are already jumping ship from Twitter, with General Mills, General Motors and other companies pausing messaging on the platform indefinitely over concerns about the instability of the company. Civil rights groups are calling for more companies to cut ties with Twitter over hate speech and misinformation. The response from advertisers underscores how Musk’s leadership style fails to translate to Twitter. The company – unlike other Musk ventures – is largely dependent on advertising for funding, making his erratic behavior more consequential for the firm’s bottom line, said John P Wihbey, a professor of media innovation and technology at Northeastern University. It is not particularly savvy to create confusion and alienate large sections of the user base John P Wihbey “Companies like Tesla or SpaceX are more dependent on hardware than what the public is saying,” Wihbey said. “But this is a business where advertisers can easily walk away, so it is not particularly savvy to create confusion and alienate large sections of the user base.” This is bad news for Musk, who after purchasing Twitter for $44bn is under intense pressure to make the company profitable. The billionaire said Twitter was losing more than $4m a day and told staff on Thursday that “bankruptcy is not out of the question”. [WSW footer logo]( You {EMAIL} received this email as a result of your consent to receive 3rd party offers at our other website. Email sent by Finance and Investing Traffic, LLC, owner and operator of Wall Street Wizardry. 16192 Coastal Hwy Lewes, DE 19958 USA © 2022 Wall Street Wizardry. All Rights Reserved[.]( [Privacy Policy]( [Terms & Conditions]( | [Unsubscribe]( [devider]