Twitter will start charging developers to get access to its API, a vital tool on the platform that powers popular services like TweetDelete and software bots.
Meta Platforms saw a slew of analyst upgrades as shares rose over 22% off the backs of a better-than-anticipated earnings report and optimistic commentary.
Facebook-parent Meta reported revenue for the fourth quarter that topped estimates and gave a forecast suggesting that sales could rise in the first quarter.
Meta added active users in the fourth quarter, but revenue growth still slowed, and the social networking company is emphasize its cash-generation powers.
Chip stocks like NVIDIA, Qualcomm and Broadcom were boosted after the Federal Reserve rose the federal funds rate by 0.25 percentage point on Wednesday.
Intel CEO Pat Gelsinger will take a 25% base pay cut days after the company reported weak earnings, with executives down the line facing pay cuts as well.
The FTC sued to block Meta's acquisition of Within in July, arguing Meta was using the deal "to buy its way to the top," rather than compete on its own merits.
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