Tech Review | Is Google Done? 'Can No Longer Innovate' Says Ex-Googler

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2018-01-27)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) Is Google Done? 'Can No Longer Innovate' Says Ex-Googler, 2) Big Tech vs. Antitrust & Unfair Competition Laws, 3) Investing: The Week, Investing Notes, 4) ICYMI Tech News.

1)  Is Google Done? Google 'Can No Longer Innovate' Says Ex-Googler (Former Engineer)
Error message on Jan 25, 2018, to users of Google's Blogger platform worldwide 
Engineer Steve Yegge leaves Google after 13 years, saying Google has lost its way due to risk aversion, politics, arrogance, and a focus on competitors over customers--Why I left Google to join Grab – Steve Yegge | Medium.com: "The main reason I left Google is that they can no longer innovate. They’ve pretty much lost that ability. I believe there are several contributing factors, of which I’ll list four here. First, they’re conservative ... Gatekeeping and risk aversion at Google are the norm rather the exception. Second, they are mired in politics ... Third, Google is arrogant ... the company strategy is a mess ... But fourth, last, and probably worst of all, Google has become 100% competitor-focused rather than customer focused ...." (Read more at the link above. The post is insider confirmation of what most of us had already sensed or experienced about Google in recent years.)

Alphabet Inc. (Google) $GOOG $GOOGL. Q4 2017 results will be released Feb 1, 2018, after market close.

2) Big Tech vs. Antitrust & Unfair Competition Laws
EU Fines Qualcomm, Are Facebook and Amazon Next?

EU fines Qualcomm €997M for abusing market dominance, says $QCOM paid Apple to buy LTE baseband chipsets from Qualcomm exclusively; Qualcomm appeals.
See also HQ2 Much - Amazon.com, Inc. (NASDAQ:AMZN) | SeekingAlpha.com by Scott Galloway: "I'm announcing a contest to decide which big tech firm should be broken up first. The finalists are Facebook (NASDAQ: FB) and Amazon [NASDAQ: AMZN], who both prioritize shareholders over the condition of our souls, or the country's prosperity."

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: Major U.S. stock indexes close at records as economy remains in growth mode | MarketWatch.com

Melt-Up? "Well, if there is such a thing as a "melt-up" then I suppose $58 billion in inflows over four weeks counts. One fund manager who spoke to Bloomberg this week described the mood over the past month as "totally insane" ..."--SeekingAlpha.com

Editor's note: The U.S. economy, stimulated by Trump's tax reforms, deregulation, and emphasis on U.S. domestic investment, could, in sum, easily handle an increase in Fed rates of 200 basis points or more. Ray Dalio says this "short-term stimulus" is producing a “12-to-18-month spurt, ... [during which] people feel stupid about holding cash," but instead, could we be looking at a 18-36 month "sprint"? Remember, Draghi and the ECB are dragging their heels, so that puts a brake on how fast the Fed will tighten, and at the same time, Draghi is scared of Mnuchin's cheap dollar. Read Steven Mnuchin vs. Mario Draghi: The ECB Loses | WSJ.com.

Why Didn't The Market React To The Government Shutdown Threat? | SeekingAlpha.com: "going to take more than yet another example of legislative ineptitude to do any lasting damage to this rally."

Investing Notes:
Q4 2017 Earnings Season on DomainMondo.com

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
  • Easy Come, Easy Go?  Apple discontinuing iPhone X in 2018?--mashable.com. See also:"disinterest in China is the main reason"--forbes.com
  • Whoops! Intel tells users to stop deploying buggy Spectre patch--TheVerge.com
Crypto Watch:
  • Scammers getting rich using social media, scam news sites, and private pump and dump group chats to spread false information about cryptocurrencies--buzzfeed.com
  • Stripe ends support for bitcoin payments April 23, citing volatility and long transaction times. Bitcoin had been supported since 2014--TechCrunch.com.
From the Reuters.com feed:

One Last Thing: 
The End of Blogs? "In 2015, Grantland, an ESPN venture with bloggy intimacy, was shuttered. In 2016, the indie women’s blog the Toast folded for lack of a financial future ... the beloved, uncategorizable blog TheAwl.com announced that it, along with its sister site, TheHairpin.com, would cease operations at the end of the month"--The New Yorker

-- John Poole, Editor, Domain Mondo  

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