Shares on Wall Street shrugged off a sluggish start and closed higher on Thursday, with the Nasdaq ending the session above 11,000 for the first time as investors hoped for a new fiscal stimulus package.
Facebook Inc said on Thursday it recently removed a small network of accounts operating from Romania that had been promoting President Donald Trump’s re-election campaign with stories about his support from conservatives, Black Americans, Christians and followers of the QAnon web of conspiracy theories.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Facebook Inc (Symbol: FB), where a total volume of 675,025 contracts has been traded thus far today, a contract volume which is representative of approximately
The S&P 500 treaded water on Thursday as investors awaited a new fiscal aid package to prop up the economy, with data showing a staggering 31.3 million Americans were receiving unemployment checks in mid-July.
Twitter Inc will label the accounts of state-affiliated media outlets, their senior staff and some key government officials, the company said in a blog post on Thursday.
Facebook (NASDAQ: FB) and Pinterest (NYSE: PINS) offer investors two very different ways to invest in the social media sector. Facebook’s namesake platform is the world's top social network, and roughly 3.1 billion people use its entire family of apps -- including Facebook, Me
Shares of Snap (NYSE: SNAP) have soared over 80% since the end of March. Most of those gains came following Snap's first-quarter earnings report in April, which showed revenue advancing by 44% year over year. But management revealed a deceleration in revenue growth starting in M
Pinterest's (NYSE: PINS) stock recently surged after the social media company's second-quarter numbers beat Wall Street's expectations. Its revenue rose 4% annually to $272 million, beating estimates by $18 million. Its adjusted net loss widened from $24.5 million to $38.4 milli
Facebook has objected to a request from Gambia, which has accused Myanmar at the World Court of genocide against the Rohingya Muslim minority, to release posts and communications by members of Myanmar's military and police.
Snap's (NYSE: SNAP) stock has risen and fallen with the ever-changing news about ByteDance's TikTok over the past month. First, the Trump administration's threats to ban TikTok over its ties to China lifted Snap's stock, since TikTok competes against Snapchat for the attention o
Facebook has objected to a request from Gambia, which has accused Myanmar at the World Court of genocide against the Rohingya Muslim minority, to release posts and communications by members of Myanmar's military and police.
Chinese-owned video app TikTok, facing the threat of a U.S. ban, said on Thursday it will set up its first European data centre in Ireland, extending its presence in the country where it already has a hub dealing with regional regulatory issues.
Approvals for a potential COVID-19 vaccine later this year could threaten the recent surge in speculative investment in big U.S. technology companies and pull investors back towards more traditional growth-linked cyclical stocks, according to analysts at Goldman Sachs.
Popular short-video app TikTok, owned by China's ByteDance, said on Thursday it plans to open its first European data centre in Ireland with an investment of about 420 million euros ($499 million).
HONG KONG/SAN FRANCISCO (Reuters Breakingviews) - Washington’s Chinese firewall is a tall order. U.S. Secretary of State Mike Pompeo wants to purge America’s internet of Chinese telecoms, apps, cloud services and more. In effect he is trying to put an information rin
Facebook Inc on Wednesday took down a video by U.S. President Donald Trump in which he said children are "almost immune" to COVID-19, with the company saying it violated its rules against sharing misinformation about the coronavirus.
The competition for short-form social media video is heating up. On Wednesday, Facebook (NASDAQ: FB) officially launched its Reels video service in the U.S. and over 50 foreign countries. Reels exists within Facebook's Instagram app, and with its features and functionality it is
Facebook rolled out its own version of social media rival TikTok in the United States and more than 50 other countries on Wednesday, embedding a new short-form video service called Reels as a feature within its popular Instagram app.
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