With prescient clairvoyance, Bill Gates predicted the recent rise of Facebook and Netflix.

Monica McNeil

2017-02-07 07:47:00 Tue ET

With prescient clairvoyance, Bill Gates predicted the recent sustainable rise of Netflix and Facebook during a Playboy interview back in 1994.

He said that in the age of information technology, everyone should be able to both access and share visual content such as text and video on demand within the virtual network infrastructure.

Today Netflix offers live-streaming TV programs and movies on demand.

Facebook orchestrates and optimizes algorithmic newsfeed customization on its social network platform.

Netflix and Facebook now represent the first and third of the tech giants that form the catchy acronym FANG with superior stock return performance.

In fact, Gates correctly predicted in his book, Business at the Speed of Thought, the inevitable emergence of Palm PCs such as iPhones, iPads, and many other smart phones and tablets in today's digital open society.


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CBS and its special committee of independent directors have decided to sue the Redstone controlling shareholders.

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Modern themes and insights in behavioral finance (Part 1)

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Former Bank of England Governor Mervyn King provides his deep substantive analysis of the Global Financial Crisis of 2008-2009.

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President Donald Trump criticizes Amazon over taxes and jobs.

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2017-08-19 14:43:00 Saturday ET

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Former New York Times team journalist and Pulitzer Prize winner Charles Duhigg delves into how we can change our lives for the better by mastering our habits from day to day.

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Santa-Barbara political economy professor Benjamin Cohen proposes new fiscal stimulus to complement the current low-interest-rate monetary policy.

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2019-08-28 14:46:00 Wednesday ET

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