(RTTNews) - The Attorney General of Texas is suing Facebook's parent Meta Inc. (FB), stating that the company unlawfully collected biometric data on Texas citizens for commercial purposes, without securing their consent.
Attorney General Ken Paxton filed the lawsuit on Monda
U.S. stocks fell on Wednesday, with the tech-heavy Nasdaq leading losses after stronger-than-expected retail sales data gave the Federal Reserve more ammunition to tighten policy, while geopolitical tensions over Russia and Ukraine added to caution.
Meta Platforms Inc CEO Mark Zuckerberg said in a Facebook post on Wednesday that he had promoted policy chief Nick Clegg into a larger role to lead on policy matters, signaling less involvement from Zuckerberg in the area.
U.S. stocks fell on Wednesday, with the tech-heavy Nasdaq leading losses after stronger-than-expected retail sales data gave the Federal Reserve more ammunition to tighten policy, while geopolitical tensions over Russia and Ukraine added to caution.
The metaverse is becoming a popular investment theme of late. Investors are scrambling for stock ideas to avoid missing out on what many are suggesting will be a huge trend.
U.S. stocks were set to open lower on Wednesday after stronger-than-expected retail sales data gave the Federal Reserve more ammunition to tighten policy, while geopolitical tensions over Russian and Ukraine added to caution.
The Federal Reserve no longer thinks that the current elevated inflation levels are "transitory," but it does seem to think that getting inflation back under control won't be too difficult with a planned series of interest rate hikes and the gradual tightening of its loose fiscal
Silvergate Capital (NYSE: SI), a top bank providing crucial behind-the-scenes services to cryptocurrency investors, recently acquired the crypto project Diem from Meta Systems (NASDAQ: FB), formerly Facebook.
Alphabet Inc's Google on Wednesday said it would keep alive for at least two years a tracking technology on its Android phones that is relied upon by advertisers, easing speculation about its plans after Apple Inc frustrated the ad industry by restricting a similar tool.
U.S. stock index futures eased on Wednesday with retail sales data and minutes of the Federal Reserve's last meeting on investors' radar, while Western skepticism over Russian claims of a pullback of some troops near Ukraine kept caution in the air.
Twitter (NYSE: TWTR) posted its fourth-quarter earnings report on Feb. 10. The social media company's revenue grew 22% year over year to $1.57 billion, matching analysts' expectations. But its adjusted net income fell 9% to $284 million, or $0.33 per share, which missed estimates
A 24-hour earnings blitz from Facebook-owner Meta and Amazon this month showed just why market acronyms like "FAANGs" capture a changing world for a bit but rarely endure as long-term investment concepts.
Meta Platforms Inc said on Tuesday it had closed its acquisition of Kustomer, a U.S. customer service startup, after winning conditional EU antitrust approval for the deal last month.
The NASDAQ 100 After Hours Indicator is down -12.15 to 14,608.67. The total After hours volume is currently 123,481,579 shares traded.The following are the most active stocks for the after hours session: Zynga Inc. (ZNGA) is +0.01 at $9.06, with 10,718,178 shares traded. As repo
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Meta Platforms Inc (Symbol: FB), where a total of 502,076 contracts have traded so far, representing approximately 50.2 million underlying shares. That amounts to about
(RTTNews) - Meta Platforms Inc. (FB), the parent company of social media giant Facebook, has agreed to pay $90 million to settle a 2012 lawsuit that accuses the company of tracking users even after they logged out of their accounts.
The Nasdaq surged up to 2% and the S&P and Dow jumped more than 1% on Tuesday, as signs of a de-escalation in tensions between Russia and Ukraine pushed up megacap growth names and banks, and helped investors shrug off hotter-than expected inflation data.
Numerous companies are throwing money and effort into their exploration of the Metaverse. That enthusiasm trickles down to the consumer level, even if most people have no idea what they are buying or getting themselves into.