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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Joseph Corr

2020-04-10 11:33:00 Friday ET

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Conservative Party wins the British parliamentary majority in the general election with hefty British pound appreciation.

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2020-01-08 08:25:00 Wednesday ET

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Top tech firms such as Google, Intel, and Qualcomm suspend Android services to HuaWei as the Trump administration blacklists the Chinese company.

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2019-06-01 10:33:00 Saturday ET

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Net stock issuance theory and practice

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The Trump fiscal trifecta of lower income taxation, new infrastructure, and deregulation has yet to run its natural course.

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2017-04-25 06:35:00 Tuesday ET

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This nice and clear infographic visualization helps us better decipher the main memes and themes of President Donald Trump's first 100 days in office.

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