Who's winning, and who's losing today?

Facebook's vision for the future is crashing, while UPS is just getting started to shape the future.

WHO'S WINNING?

UPS recently got FAA approval to operate its first ‘drone airline’. This approval gives UPS the ability to fly at night and carry cargo heavier than 55 pounds. Drone delivery market plays a vital role in changing the cargo delivery services worldwide and has the capability to change the future. And guess what, UPS beat Amazon in this race

WHO'S LOSING?

Facebook has been going through a tough time trying to formalize its cryptocurrency's council, known as Libra. Several initial backers such as PayPal, eBay, Mastercard, Visa, and Stripe have already left the Libra Association, and Booking.com, Kayak and Priceline withdrew just before the signing of the charter. This could mean a bumpy ride for FB stock price till the dust settles. 

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WHAT ELSE?

Listen to Planet Money’s podcast, Episode # 943 - Unicorn Cowboy. It is a fascinating story of the founder of SoftBank, Masayoshi Son, and how he built his company.

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Disclaimer: Hey folks, this is Shama Patwardhan. I wrote today's post, and I own shares of Facebook.