"And that set off kind of a battle royale for control of the platform that Durov eventually lost," said Nathalie Maréchal of the Washington advocacy group Ranking Digital Rights. 'Wild West' And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. "He has kind of an old-school cyber-libertarian world view where technology is there to set you free," Maréchal said. For tech stocks, “the main thing is yields,” Essaye said.
from ua
