Tag Archives: Facebook

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, October 7, 2021 Call Facebook what you want — but stop thinking of it as a parent It’s a symbol of the strange times we live in when a multibillion dollar publicly traded behemoth is practically begging to be regulated, but that’s the predicament in which Facebook — under pressure from without and within — finds itself. In… Source link

Following Facebook (FB) whistleblower Frances Haugen’s testimony before the Senate Commerce Subcommittee on Consumer Protection and an outage that prevented users from accessing services, the company’s shares began trading around 3% lower from the previous week on Wednesday.  According to Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald, however, Facebook stock might not be as resilient as it has been amid other controversies.  “[Fitz-Gerald Group is] very keen to invest in… Source link

Facebook’s stock has hung in there amid the latest public controversy on how it operates.  But if you are a Facebook (FB) investor and are getting concerned Zuck & Co. can’t stay teflon forever in the eyes of market goers, there are other ways to play the generally healthy tech space.  “You play this by owning IAS [Integral Ad Science Holding]. They effectively do ad verification. So they ensure when an ad is shown it’s shown in the proper way. These ad insurance stories like IAS will… Source link

A once tiny hamlet in the rolling hills west of Utah Lake, Eagle Mountain is developing a knack for attracting some of the biggest names in business. The city on Monday announced search giant Google purchased property that may host a future data center. The announcement follows a pair of other development coups in that last few years that include a massive Facebook data center and a Tyson Foods meatpacking plant. The new investments are coinciding with a booming Eagle Mountain… Source link

(Bloomberg) — Mark Zuckerberg’s personal wealth has fallen by nearly $7 billion in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook Inc.’s flagship products offline. Most Read from Bloomberg A selloff sent the social-media giant’s stock plummeting around 5% on Monday, adding to a drop of about 15% since mid-September. The stock slide on Monday sent Zuckerberg’s worth down to $120.9 billion,… Source link

NEW YORK, Sept. 27, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for COST, CRM, CVX, FB, and YNDX. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock. Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system… Source link

Any time I go to a birthday party, on vacation, or to a concert, I pull out my smartphone to snap off a few dozen photos. And while I love having those pictures to look back at, I also realize that I’m not actually looking at the events unfolding with my own eyes. Instead, I’m watching my nephew blow out his birthday candles on my phone’s screen. That’s why I was particularly interested in using Facebook (FB) and Ray-Ban’s new Stories. Available for $299, the glasses, which come in… Source link

For example, when Amazon began building its cloud-computing business, it went on an acquisition spree, buying at least 13 cloud tech companies from 2012 to 2020, according to the Post’s analysis. That included firms like Thinkbox Software, a maker of cloud-based design tools, and security company Sqrrl Data; in neither case did Amazon disclose the purchase price. Source link

Facebook (FB) has a plan to take over the world of digital wallets, using cryptocurrency to separate it from the likes of PayPal (PYPL) and other digital payment platforms. Its upcoming digital wallet, Novi, will be built upon the still-pending stablecoin Diem. Diem is the cryptocurrency that grew out of Facebook’s in-house project that began in 2017 and was first known as Libra. After it was publicly revealed in 2018, the coin received intense scrutiny in Washington, DC, and around the… Source link

As the price of something precious, the dissemination of speech, declines steeply, society is facing some disquieting consequences of the cheap speech that the Internet enables. Among the anomalous responses are conservatives demanding new government regulations of privately owned but liberal-leaning businesses (Facebook, Google, Twitter). And liberals, who excoriated the Supreme Court’s Citizens United decision that corporations and unions have a constitutional right to fund speech about… Source link