Russia accused Facebook on Monday of violating citizens' rights by blocking some media outlets' content in the latest standoff between a government and Big Tech.
As U.S. technology shares stumble, investors are debating whether the decline is an opportunity to scoop up bargains or a sign of more pain to come for stocks that have led markets higher for years.
Facebook and Alphabet have delivered impressive returns for investors over the last five years, but challenges are mounting. Each company is facing heightened scrutiny related to the spread of misinformation in the U.S., and new regulations in markets including the European Union
The technology sector has been hit hard as of late, as the impending economic reopening has gotten more attention, and rising long-term bond rates have hit growth stocks particularly hard. As rates go up, future earnings are discounted more, harming valuations for growth stocks a
A U.S. agency investigating Facebook Inc for racial bias in hiring and promotions has designated the probe as "systemic," attorneys for three job applicants and a manager who claim the company discriminated against them told Reuters on Friday.
As U.S. technology shares stumble, investors are debating whether the decline is an opportunity to scoop up bargains or a sign of more pain to come for stocks that have led markets higher for years.
Thursday's Nasdaq slump briefly saw it down more than 10% from last month's record high, on the cusp of what investors consider a correction and marking the second drop of such a magnitude since September, with many of Wall Street's most loved stocks slammed hardest.
President Joe Biden on Friday rounded out his White House staff with a top adviser who has advocated for breaking up Big Tech companies along with a host of new appointments focused on COVID-19, criminal justice and the U.S. economy.
It's easy to find companies that are stuck in the past and couldn't care less about building a brighter future. Some of those companies, such as tobacco producers, are trapped in secular declines and can only resort to price hikes, layoffs, buybacks, and dividends to appease inve
It's easy to find companies that are stuck in the past and couldn't care less about building a brighter future. Some of those companies, such as tobacco producers, are trapped in secular declines and can only resort to price hikes, layoffs, buybacks, and dividends to appease inve
Twitter's (NYSE: TWTR) stock recently hit an all-time high after the social media company set bold three-year growth targets on its analyst day. It now aims to grow its mDAUs (monetizable daily active users) from 192 million at the end of 2020 to "at least" 315 million by the end
I accumulated most of my position in Amazon (NASDAQ: AMZN), the world's largest e-commerce and cloud platform company by revenue, roughly five years ago for an average purchase price of $630. It's been a big winner since then, with a gain of nearly 400% -- but I don't plan to eve
If investors have learned anything about the stock market over the past year, it's that patience pays.Over the past 71 years, there have been 38 corrections of at least 10% in the broad-based S&P 500. Yet each and every one of these significant declines was eventually erased
There's no question that quite a few popular Robinhood stocks are ridiculously overvalued. If Wall Street analysts are right, at least three of them could plunge close to 70% or more from their current levels. But not every highly traded stock on the platform is expensive. Here a
Senegalese authorities have restricted internet access as protests over the detention of an opposition leader intensify, internet monitor NetBlocks said on Friday.
Alphabet Inc's YouTube has removed five channels of Myanmar's military-run television networks hosted on its platform in the wake of the coup in the Southeast Asian country.
Between the four major U.S. social media stocks -- Facebook (NASDAQ: FB), Twitter (NYSE: TWTR), Pinterest (NYSE: PINS), and Snapchat (NYSE: SNAP) -- which was the worst performer of 2020? If you guessed Facebook, you're right. Pinterest's 250% price rally in 2020 far outpaced Fac
When Roku (NASDAQ: ROKU) reported its fourth-quarter results, investors didn't expect any surprises, particularly since the company had preannounced the most important metrics in early February. That didn't stop Roku from reporting a couple of earnings shockers. Not only did it s
Armed Myanmar soldiers and police are using TikTok to deliver death threats to protesters against last month's coup, researchers said, leading the Chinese video-sharing app to announce it was removing content that incites violence.