Many companies are beginning to control spending to deal with future economic headwinds. However, cybersecurity is one area where they cannot afford to cut spending. In 2021, the average cost of a data breach was more than $4 million per incident, a cost that could cripple many b
U.S. Federal Trade Commission Chair Lina Khan, who promised tougher antitrust enforcement, said she would not rule out a settlement with Meta's Facebook, which the agency sued in 2020, but indicated there was a high bar for any agreement.
U.S. Senator Amy Klobuchar and lawmakers from both parties said on Wednesday they had the Senate votes needed to pass legislation aimed at reining in the four tech giants, Meta's Facebook, Apple, Alphabet's Google and Amazon.com, and urged a vote be taken.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google, will execute a 20-for-1 stock split on July 15. That split will lower Alphabet's trading price from about $2,300 to $115, but it won't actually change its market capitalization or valuations.
The Walt Disney Company DIS shares are down 30.4% year to date compared with the Zacks Media Conglomerates industry’s fall of 24.2% and the Consumer Discretionary sector’s decline of 27.2%. This Zacks Rank #4 (Sell) company has been witnessing a broader pullback in the ma
Meta Platforms (FB) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
When Mark Zuckerberg announced that Facebook's parent company would be changing its name to Meta Platforms, the entire world seemed like it was catching metaverse fever. This multidimensional digital platform that brings people together to work, live, play, and create in a shared
If you've got $5,000 you're looking to put away for the long term, consider technology companies. They can deliver handsome returns to investors with a long-term mindset. That's because they typically grow revenue more robustly than, for example, brick-and-mortar retail businesse
Australia's antitrust regulator has filed a lawsuit against Airbnb Inc, accusing the accommodation-sharing website of misleading users into paying more than advertised for their stays, widening its scrutiny of global technology platforms.
Europe's net neutrality rules that support an open internet would be undermined if EU regulators force tech giants Google, Meta and Netflix to shoulder some of the costs of its telecoms network, digital rights activists warned on Wednesday.
Meta Platforms FB recently launched new features to track Meta Quest fitness stats from VR to phone. The new feature will enable people to sync the Move app, which is Meta Quest’s built-in fitness tracker, with the Oculus mobile app and access data such as the number of c
Netflix (NASDAQ: NFLX) has been getting a lot of attention lately, but unfortunately, for the wrong reason. The streaming pioneer reported its first quarter of subscriber losses in over a decade, pointing to rising competition, account sharing, and the reversal of the pandemic bo
U.S. stocks ended higher on Monday in a choppy trading session that saw mega-cap growth stocks rebounding slightly from a losing week while investors continued to worry about interest rate hikes and soaring inflation. All the major indexes ended in positive territory.
Facebook Watch, Meta's (NASDAQ: FB) streaming video service, has grown exponentially since its launch in 2017. The ad-supported video-on-demand (AVOD) platform focuses on longer-form content, allowing Meta to sell marketing slots that don't fit well across other parts of its plat
Cryptocurrencies have been getting crushed in recent months. And because of this, Coinbase (NASDAQ: COIN), is under serious pressure. The top U.S. crypto brokerage and exchange operator reported a 35% year-over-year revenue decline and a $430 million net loss in the first quarter
According to legendary investor Warren Buffett, you should "be greedy when others are fearful." It's an ethos I've taken to heart with the stock market enduring two big pullbacks since the beginning of 2020. Over the past 29 months, I've added nearly three dozen new holdings to m
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