(RTTNews) - Social media giant Facebook Inc (FB) Monday asked to drop the charges put forward by the Federal Trade Commission that can end up making the company sell off their two most priced sister platforms, Whatsapp and Instagram.
In a filing, the company argued that the
Stocks spent most of the day wallowing in red ink, as investors once again circled out of tech -- thanks to the rising 10-year Treasury yield --.and anxiously eyed inflation pressures. Among the tech laggards, FAANG name Facebook (FB) was walloped by news that a whistleblower h
Wall Street ended sharply lower on Monday as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default also fed caution.
Wall Street ended sharply lower on Monday as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default offered another reason for caution.
Technology stocks led the broader markets lower, with the SPDR Technology Select Sector ETF (XLK) Monday sinking 2.5% while the Philadelphia Semiconductor Index also was falling 2.5% this afternoon.
(RTTNews) - A former product manager of Facebook Inc.'s (FB) civic misinformation team has come out all guns blazing against her former employer to go on record and state that the popular social media platform often ignored its duty to stop misinformation and chose monetary gain
What happened
Shares of social media titan Facebook (NASDAQ: FB) fell 10.5% in September, according to data provided by S&P Global Market Intelligence. The stock kicked off October with another 5% decline in the first two trading days as pressure mounts against the company's
Wall Street tumbled on Monday as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default offered another reason for caution.
(RTTNews) - Social networking giant Facebook Inc. (FB) and some of its apps, including Instagram and WhatsApp, suffered outages on Monday. Facebook's stock slipped over 5% following the news.
Wall Street's main indexes tumbled on Monday as investors shifted out of technology stocks in the face of rising Treasury yields, while fresh U.S.-China concerns over trade offered another reason for caution.
Should Investors Be Watching These Top E-Commerce Stocks In The Stock Market Now?As we enter another week of trading, e-commerce stocks could be worth watching in the stock market now. For the most part, this would be due to key data on the U.S. jobs market this week. In detail,
The Nasdaq index fell on Monday as most big technology stocks were pressured by an uptick in Treasury yields, while declines on the S&P 500 and the Dow Jones were countered by gains in shares of Tesla and Merck.
Two members of the European parliament have called for an investigation into allegations by a whistleblower that Facebook prioritised profits above the public good.
Some people become millionaires by spotting the next Apple (NASDAQ: AAPL) or Amazon (NASDAQ: AMZN) early on. Or they take major risks on speculative investments and are lucky enough to come out on the winning side.But you don't need to be an expert stock picker or a big risk take
Technology stocks were declining premarket Monday. The Technology Select Sector SPDR ETF (XLK) was down 0.51% and the Semiconductor Sector Index Fund (SOXX) was 0.48% lower.
In the wake of recent revelations published in The Wall Street Journal, Facebook (NASDAQ: FB) hits the pause button on "Instagram for Kids." Electric carmaker Polestar nears a $21 billion deal to go public via a special purpose acquisition company. In this episode of MarketFooler
U.S. stock indexes were set to open lower on Monday as most big technology stocks were pressured by an uptick in Treasury yields, while Tesla shares rose after reporting a record number of electric vehicle deliveries.