U.S. Senator Richard Blumenthal on Tuesday called on the heads of Facebook and Twitter for information on steps the social media firms are taking to prevent the spread of misinformation ahead of the runoff U.S. Senate elections in Georgia.
Spotify (NYSE: SPOT), the global leader in music streaming, announced on Nov. 10 that it is acquiring podcast advertising and publishing platform Megaphone. The deal values Megaphone at $235 million and marks yet another investment by the Swedish tech giant into the podcast indus
Microsoft, Google and Facebook have asked Malaysia's Prime Minister to reinstate an exemption allowing non-Malaysian ships to carry out repairs to submarine cables in the country's waters, online news service Malaysiakini reported.
An opposition lawmaker called on Tuesday for Malaysia to outlaw online hate speech, accusing authorities of downplaying the gravity of an issue highlighted by a Reuters investigation into abuse on Facebook of Rohingya refugees and undocumented migrants.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Facebook Inc (Symbol: FB), where a total volume of 213,276 contracts has been traded thus far today, a contract volume which is representative of approximately
U.S. stocks rose in a choppy session on Monday as hopes for a COVID-19 vaccine boosted economically sensitive sectors such as energy and industrials, but a pullback in megacap shares held gains in check.
What happenedShares of Micron (NASDAQ: MU) gained as much as 5% today after two Wall Street analysts increased their price targets. Deutsche Bank and Mizuho Securities both reiterated buy ratings on Micron stock. As of 2:11 pm, EST Monday, shares were up 3.8%.
With continued global uncertainty due to the pandemic, the U.S. equity market has become increasingly focused in recent times, due principally to a handful of large‑cap growth companies’ stellar growth. This has dramatically changed the investment landscape, with success now largely dependent on making the right decisions on a small group of companies that dominate [...] Read more at ETFtrends.com.
Snap Inc on Monday rolled out a feature, "Spotlight", that would allow users to share short-form videos publicly in its Snapchat app, adding a service that would compete with ByteDance-owned TikTok and Instagram Reels.
(RTTNews) - Snap Inc. (SNAP) is launching a video-sharing feature 'Spotlight' for its Snapchat app. It will pay more than $1 million every day to creators for the most-viewed daily video posts.The company will offer daily payouts through at least the end of 2020. Snapchatters mus
From broken IPO to stock market darling, 2020 has been a transformational year for Pinterest (NYSE: PINS). Following its market debut in April 2019 through the end of last year, the stock fell over 20%. The S&P 500, by contrast, was up 11% over that span. But Pinterest stock
This has been a trying year for Wall Street and the investment community. Though volatility is always present in the stock market, the swings we've witnessed this year are far beyond historical norms. For instance, the uncertainty caused by the coronavirus disease 2019 (COVID-19)
Twitter Inc and Facebook Inc will transfer control of the @POTUS account to the Joe Biden administration on Jan. 20, the social media companies said on Saturday.
Social media platforms make money from advertising, with varying degrees of success. For instance, Facebook (NASDAQ: FB) has grown revenue 341% over the past five years, while Twitter (NYSE: TWTR) revenue is up only 55% over the same period. Twitter has struggled to monetize its
The Invesco QQQ Trust and the Vanguard S&P 500 ETF are both reputable and popular funds that track major market indexes. Many investors hold both funds and face decisions about how to allocate between the two.There is some overlap between the two ETFs, but they ultimately hav
The cross-currents that affected equity markets this week continue as we get ready for the weekend — rising coronavirus case counts and new restrictions to curb its spread are weighing on economic and earnings expectations in the near-term while positive COVID-19 vaccine offers
A video call between the European Union's digital chief and Alphabet, Apple, Amazon and Facebook to discuss draft rules to curb their powers has been postponed until Dec. 2, an EU official said on Friday.
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