Let’s get digital

[The beef 675] [I'm an image] “Fun fact: can’t harvest a user’s data if they aren’t on the internet...” - Jeff Hey there carnivores, Markets were up on Wednesday. Today we’re talking Google studying abroad. Keep raging, Jeff & Jason [Image] [I'm an image] Let’s get digital *Google finds out you can't harvest data of users who don't have an internet connection* Google will [invest]( $4.5B in Jio Platforms, a digital services and telecom company based in India. The investment will amount to a 7.7% stake in the “Tencent of India” whose valuation has ballooned to $65B. Many Indians do not have access to the internet, and even fewer have smartphones. The cash could help provide affordable internet access to billions of people in a country where 73M people are in extreme poverty. Because it's a basic human right to be able to send tasteful nudes. So, what’s the Jio-lio? Jio is part of Reliance Industries, a conglomerate owned by India’s richest man, Mukesh Ambani. Mukesh is in the process of selling 20% of Jio Platforms [in an effort to raise cash]( to pay down Reliance’s debt. The Jio Infocomm telecom network, operated by Jio Platforms, is India’s most used network, providing 4G service to nearly 390M people. Jio [also offers music streaming]( and video conferencing apps, and just released Jio Glass, a pair of glasses that can make video calls and access apps. So, basically it's Prestige Worldwide... So, tell me about the synergies... Google will work with Jio to develop an affordable “entry-level” Android phone for the Indian market, which will help bring the internet to millions of users in India... which sounds a lot better than saying they’re taking advantage of an untapped market in a developing country. The $4.5B investment will come from the $10B Google for India Digitization Fund… which was set up earlier this week. Coincidental timing. The bottom line... But Google isn’t the only US “big tech” ponying up... This past April [Facebook invested $5.7B]( in the telecommunications company. No word on when Hooli plans to make its move. Facebook and Google aren’t the only tech companies backing up the Brinks trucks for Jio either. Earlier this month, Intel announced a $250M investment, while Qualcomm said it would put up $97M. And it doesn’t stop with tech giants. KKR, General Atlantic, and even the UAE sovereign wealth fund got in on the proverbial investment gang bang with cash injections over $1B. [Image] [I'm an image]( Jason Bond Is Dropping His Brand New Watchlist Tomorrow It’s A Chance To Catch... Monday’s Biggest Stock Movers A Day In Advance For A Limited Time, It Can Be Yours For 88% Off [Subscribe Now]( [I'm an image] ☑️ Day of reckoning. The blue checkmarks (read: verified Twitter accounts) were silenced by the platform for a brief time on Wednesday... and not for tweeting out conspiracy theories. That’s still allowed. [A massive hack]( saw users like Bill Gates, Jeff Bezos, Barack Obama, and Elon Musk tweeting a bitcoin scam link. Although that last one might have just been Elon being Elon. As a result, Twitter announced that it was shutting down the posting capabilities of all users with a verified badge until the hack was resolved. The wallet that the hackers promoted received over $100k worth of bitcoin over the course of the hack. Not a bad shift at the ol’ hack factory. ☑️ Winner winner. Apple emerged victorious from its challenge of a ruling in the EU that would require the firm to [pay $14.9B]( in back taxes in Ireland. The bill dates back to 2016. The EU argued that Ireland had given Apple an illegal tax break, and sought retribution. It’s not out of the water just yet, though. Apple still faces a barrage of antitrust and other regulatory cases, not to mention legislation that seeks to disrupt the way Apple does business in Europe. On the news, Apple shares rose 1.3%. ☑️ Everything’s bigger in Texas. Including the tax breaks, if you’re Tesla. Travis County offered the electric automaker a minimum of [$14.7M]( in tax breaks to build a plant near the airport in Austin, TX. Elon shouldn't have any issues staying weird. Tesla still needs to buy the land for roughly $5.5M, and build the $1B factory before EV's start rolling off the assembly line. The factory will make Tesla’s Cybertruck, because, you know, it’s Texas. ☑️ New Virgin in Charge. Virgin Galactic is getting itself a new CEO. The company [announced]( on Wednesday that CEO George Whitesides will step down and be replaced by Disney’s Michael Colglazier. Colglazier’s resume definitely included the number of times he’s ridden Space Mountain. Whitesides won’t be going far though, remaining with Virgin Galactic as its new Chief Space Officer. I sh*t you not. Colglazier comes to Virgin after more than 30 years at Disney, where he helmed Disney Parks International. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at [(disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. 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