Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Jim Cramer: Here's Why 'Project Nightingale' Is Bad News For Google

Video Credit: The Street - Duration: 02:14s - Published < > Embed
Jim Cramer: Here's Why 'Project Nightingale' Is Bad News For Google

Jim Cramer: Here's Why 'Project Nightingale' Is Bad News For Google

Jim Cramer tells TheStreet's Katherine Ross that breaking news surrounding Google's secret 'Project Nightingale' isn't going away anytime soon, and that watching the stock price today isn't an indicator of Google's future performance.

Shares of Alphabet are up Tuesday morning, despite a report that its Google subsidiary has teamed with one of the country's largest hospital systems on a secret effort to collect and crunch personal medical data on millions of patients across the country.

"If you're involved with 'Project Nightingale," I think you should've been thinking, "Wow, what if a reporter from The New York Times had found out about this?

Would it look good?" asked Cramer.

Under 'Project Nightingale,' Google is collecting doctor diagnoses, hospitalization records and lab results, among other items. Google is one of a number of tech giants that are making a big push into health care, with a skew toward data crunching, including Microsoft , Amazon and Apple .

"It's the test of the newspapers," Cramer tells Ross.

He emphasizes the importance of always thinking a few steps ahead about how the media will respond.

And how did Google get it so wrong this time around?

"Well, it's simple.

They're young.

They have no benefit of age or wisdom.

No governor.

And they think they're dead right at all times," said Cramer.

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos: Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

0
shares
ShareTweetSavePostSend
 

You Might Like


Tweets about this


Recent related videos from verified sources

CVS Chief Merlo Proved The Market Wrong, Cramer Says [Video]CVS Chief Merlo Proved The Market Wrong, Cramer Says

The market thought CVS was destined to be 'roadkill' but CEO Larry Merlo proved the skeptics wrong, Jim Cramer says.

Credit: The Street     Duration: 01:58Published

Trade Deal Secured: Jim Cramer on China, Costco, Facebook [Video]Trade Deal Secured: Jim Cramer on China, Costco, Facebook

Jim Cramer breaks down whether to believe in the phase one trade deal with China.

Credit: The Street     Duration: 05:20Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.