Apple

How Big Tech Betrayed All of Us

In Don’t Be Evil, Financial Times global business columnist Rana Foroohar tells the story of how Big Tech lost its soul, and ate our lunch.

“Don’t be evil” was enshrined as Google’s original corporate mantra back in its early days, when the company’s cheerful logo still conveyed the utopian vision for a future in which technology would inevitably make the world better, safer, and more prosperous.

Unfortunately, it’s been quite a while since Google, or the majority of the Big Tech companies, lived up to this founding philosophy. 

Today, the utopia they sought to create is looking more dystopian than ever: from digital surveillance and the loss of privacy to the spreading of misinformation and hate speech to predatory algorithms targeting the weak and vulnerable to products that have been engineered to manipulate our desires.

How did we get here? How did these once-scrappy and idealistic enterprises become rapacious monopolies with the power to corrupt our elections, co-opt all our data, and control the largest single chunk of corporate wealth, while evading all semblance of regulation and taxes? 

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

CBS This Morning: Apple Anxiety

Apple stunned investors with a rare warning that revenue from its first quarter will not meet expectations. In part the company blames slower iPhone sales in China. CEO Tim Cook says a weaker Chinese economy and trade tensions with the U.S. are hurting Apple. What it means for the global economy. I discussed on CBS This Morning.

Have a money question? Email me here.

CBS This Morning: Apple's Record-Breaking Value

Apple, the first trillion-dollar publicly traded corporation in U.S. history, was valued at $1,001,679,220,000 when Wall Street closed Thursday. I joined CBS This Morning to discuss how Apple has evolved under CEO Tim Cook and how the technology industry is dominating on Wall Street.

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CBS This Morning: Amazon, Apple & Google Report Record Earnings

Tech giants including Amazon, Google's parent company Alphabet and Apple are celebrating record-breaking sales. I joined CBS This Morning to discuss what contributed to Amazon's massive increase in sales and why Apple was able to increase their revenue despite lackluster sales numbers.

#350 The Hidden DNA of Amazon, Apple, Facebook, and Google with Scott Galloway

We started hour one this week with Karen from Kentucky who had a question about my favorite topic...annuities! After Karen we went to Brian in Seattle who was wondering if it makes sense for him to keep his disability insurance policy. We also mixed in plenty of emails as well as touching on the upcoming holiday shopping season.

We started hour one this week with Karen from Kentucky who had a question about my favorite topic...annuities! After Karen we went to Brian in Seattle who was wondering if it makes sense for him to keep his disability insurance policy. We also mixed in plenty of emails as well as touching on the upcoming holiday shopping season.

Maybe I’m dating myself, but there was a time that whenever I would hear the “Big Four,” I would always think of the big four accounting firms...Ernst & Young, KPMG, Deloitte and PwC.

Well, it’s now 2017, and the new, much bigger, Big Four are Facebook, Amazon, Google and Apple. Given their outsized share of the marketplace, not to mention our lives, are these companies monopolizing our lives in a negative way? Our guest this week in hour two, Scott Galloway, certainly thinks so.

Scott is a professor at New York University’s Stern School of Business, where he teaches brand strategy and digital marketing to second-year MBA students. A serial entre­preneur, he has founded nine firms, including L2. In 2012, he was named one of the “World’s 50 Best Busi­ness School Professors” by Poets & Quants.

In his first book, The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google, Scott explores how these massive companies infiltrate our lives so completely that they’re almost impossible to avoid. Why does the stock market forgive them for sins that would destroy other firms? As they race to become the world’s first trillion-dollar company, can anyone chal­lenge them? These are just a couple of the fundamental questions Scott asks throughout the book.

Let’s face it, there’s no avoiding them, so we all better figure out how to either compete with them, work with them, or just live in a world dominated by them.

“Better Off” is sponsored by Betterment.

Have a finance related question? Email us here or call 855-411-JILL.

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Ep. 043 - The Hidden DNA of Amazon, Apple, Facebook, and Google with Scott Galloway

Maybe I'm dating myself, but there was a time that whenever I would hear the "Big Four," I would always think of the big four accounting firms...Ernst & Young, KPMG, Deloitte and PwC. Well, it's now 2017, and the new, much bigger, Big Four are Facebook, Amazon, Google and Apple.

Maybe I’m dating myself, but there was a time that whenever I would hear the “Big Four,” I would always think of the big four accounting firms...Ernst & Young, KPMG, Deloitte and PwC.

Well, it’s now 2017, and the new, much bigger, Big Four are Facebook, Amazon, Google and Apple. Given their outsized share of the marketplace, not to mention our lives, are these companies monopolizing our lives in a negative way? Our guest this week, Scott Galloway, certainly thinks so.

Scott is a professor at New York University’s Stern School of Business, where he teaches brand strategy and digital marketing to second-year MBA students. A serial entre­preneur, he has founded nine firms, including L2. In 2012, he was named one of the “World’s 50 Best Busi­ness School Professors” by Poets & Quants.

In his first book, The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google, Scott explores how these massive companies infiltrate our lives so completely that they’re almost impossible to avoid. Why does the stock market forgive them for sins that would destroy other firms? As they race to become the world’s first trillion-dollar company, can anyone chal­lenge them? These are just a couple of the fundamental questions Scott asks throughout the book.

Let’s face it, there’s no avoiding them, so we all better figure out how to either compete with them, work with them, or just live in a world dominated by them.

“Better Off” is sponsored by Betterment.

Have a finance related question? Email us here or call 855-411-JILL.

We love feedback so please subscribe and leave us a rating or review in iTunes!

Connect with me at these places for all my content:

https://twitter.com/jillonmoney

https://www.facebook.com/JillonMoney

https://www.instagram.com/jillonmoney/

https://www.linkedin.com/in/jillonmoney/ 

http://www.stitcher.com/podcast/jill-... 

http://betteroffpodcast.com/

https://itunes.apple.com/us/podcast/b...

"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.

 

 

 

Ep. 029 - The Secret History of the iPhone with Brian Merchant

On June 29th, 2007 Apple CEO Steve Jobs unveiled a new product, which he described as "a revolutionary mobile phone," and a "breakthrough Internet communications device." Indeed, the iPhone has changed our lives. We do EVERYTHING on our phones.

On June 29th, 2007 Apple CEO Steve Jobs unveiled a new product, which he described as “a revolutionary mobile phone,” and a “breakthrough Internet communications device.”

Indeed, the iPhone has changed our lives. We do EVERYTHING on our phones. We text, we surf the web, we bank, we book vacations, we get directions, we book cars, we play games, and we even make the occasional phone call.

In the process, Apple has become the most profitable public company in the world, with a market cap of about three quarters of a trillion dollars – that’s more than twice as much as Exxon Mobil and three times as much as General Electric. Over the past ten years, Apple’s business has grown by 10 times and its stock price has increased by nearly 720 percent, dwarfing the 134 percent rise in the NASDAQ Composite Index.

But just how close did we come to not having the iPhone? How did it actually happen? Our guest Brian Merchant, technology journalist and author of the new book, The One Device: The Secret History of the iPhone takes us back to the mid-2000’s to tell the iPhone origin story.

Brian reveals the inside story of the device, based on his exclusive interviews with the engineers, inventors and developers who guided every stage of the iPhone’s creation. He also discussed what life is like for the workers in China who assemble the phones. As you’ll hear, Brian doesn’t paint a very pretty picture.

If you’re a techie and live for the latest Apple rumors and news, definitely follow Brian on Twitter.

“Better Off” is sponsored by Betterment.

Have a finance related question? Email us here or call 855-411-JILL.

We love feedback so please subscribe and leave us a rating or review in iTunes!

Connect with me at these places for all my content:

https://twitter.com/jillonmoney

https://www.facebook.com/JillonMoney

https://www.instagram.com/jillonmoney/

https://www.linkedin.com/in/jillonmoney/ 

http://www.stitcher.com/podcast/jill-... 

http://betteroffpodcast.com/

https://itunes.apple.com/us/podcast/b...

"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.