MoviePass Shares Trading at Just Over 1 Cent; Google+ Shuts Down Early and Facebook Files Controversial New Patents (60-Second Video) Here are three things entrepreneurs should know today.
By Hayden Field
- The CEO of MoviePass's parent company, which is called Helios and Matheson Analytics, was awarded $7 million in shares last year. Now, about a year and a half after the company acquired MoviePass, those same shares are worth just $50. To put things even further in perspective: In December 2017, Helios and Matheson Analytics's shares closed at over $2,800 dollars -- now, they're worth just over 1 cent.
- Google has announced that it will shut down Google+ in April -- four months earlier than originally planned -- due to a security flaw that could have exposed the profile information of over 52 million users, including names, ages, jobs and email addresses.
- In other privacy news, Facebook has filed several patent applications for tech that could calculate users' future locations -- as in, where you're going and when you'll probably be offline. In a statement, Facebook said not to take it as an indication of future plans, but the patents do show the company's continued interest in advanced location tracking.
Watch the previous 3 Things to Know video: More Robots Might Mean Less Coffee, and More CBD
