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Facebook’s new mission may be impossible to accomplish

If Facebook Chief Executive Officer Mark Zuckerberg is sincere in a recent post about gradually taking the media element out of “social media,” he’s striking a powerful blow for tech self-regulation, as well as preparing to pay a heavy price for the evolution of his vision. But getting the genie back into the bottle may be too difficult even for ...

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Profiting from the next market crash won’t be easy

Current debates about stock valuations resemble the arcane meditations of medieval monks. But the real drivers are more mundane. Traders, weaned on tales of financial derring-do like ‘The Big Short,’ want to be the ones who profit from the next crash. The problem is that it may be easier to predict the crash than to profit from it. To make ...

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Sorry, no one wants your used clothes anymore

For decades, the donation bin has offered consumers in rich countries a guilt-free way to unload their old clothing. In a virtuous and profitable cycle, a global network of traders would collect these garments, grade them, and transport them around the world to be recycled, worn again, or turned into rags and stuffing. Now that cycle is breaking down. Fashion ...

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