Morgan Stanley (Kind of) Catches Up to Goldman: DealBook Briefing
Morgan Stanley has done it. Sort of.
So much for the U.S. rejoining the Trans-Pacific Partnership
Will other tech giants take a turn in the hot seat?
Two years ago, Google altered its offerings in a way that makes it more vulnerable to data-sharing scrutiny. Advertisers using its DoubleClick system to target and measure ads could start anonymously combining web-tracking data (from “cookies” that follow users online) with potent Google information including search queries, location history, phone numbers and credit card information. Until then, Google had steadfastly kept that data separate.
How will the Supreme Court rule in the state sales tax case?
The political flyaround
Behind Cambridge Analytica’s cryptocurrency plans
The goal of Cambridge Analytica’s own coin offering? Raise money that would pay for the creation of a system to help people store and sell their online personal data to advertisers, Brittany Kaiser, a former Cambridge Analytica employee, said in an interview. The idea was to protect information from more or less what the firm did when it obtained the personal data of up to 87 million Facebook users.
Did Goldman’s trading business perform too well?
The deals flyaround
Quote of the day
“I’m proud of what we achieved at Yahoo. That said, we had a quickly decaying legacy business. All we really managed to do was offset the declines.”