Shares of Alibaba (NYSE: BABA) were flying higher on Monday after the company received a $2.8 billion fine from China's anti-monopoly regulator, the State Administration for Market Supervision (SAMR). It might seem strange for the Chinese e-commerce stock to jump on the news, cli
Facebook users will now be able to ask the company's independent oversight board to rule on content that has been left up on the platform, as well as what was taken down, in a key expansion of the board's scope.
Facebook users will now be able to ask the company's independent oversight board to rule on whether content should have been left up on the platform, as well as what was taken down, in a key expansion of the board's scope.
Facebook (NASDAQ: FB) stock price continues its march higher. It is currently trading near all-time highs as a substantial percentage of the world's population uses its platforms every month. However, instead of potential user saturation pointing to a slowdown, a strong balance s
U.S. Senator Josh Hawley, a Republican who has been a staunch critic of Big Tech, said on Monday he has introduced a bill that would ban all mergers and acquisitions by any company with a market value greater $100 billion, a category that includes the five biggest U.S. tech companies.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Lam Research Corp (Symbol: LRCX), where a total of 11,962 contracts have traded so far, representing approximately 1.2 million underlying shares. That amounts to about
Twitter Inc will open its first African office in Ghana, it said on Monday, as the social media company seeks to make inroads in some of the world's fastest-growing markets.
For more than a year, investors have reveled in one of the best bounce-back rallies from a bear market bottom of all time. Through this past weekend, the nearly 125-year-old Dow Jones industrial Average, broad-based S&P 500, and tech-heavy Nasdaq Composite were respectively h
French outsourcing group Teleperformance SE raised its 2021 revenue growth outlook on Monday, citing strong sales momentum supported by faster digitalisation of working practices in the post-pandemic economy.
China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.
In the highly competitive social media landscape, shares of Snap Inc (NYSE: SNAP) are currently shining the brightest. After three years of neutral performance, the stock has awakened to return 364% over the last 12 months. Increased revenue and daily active users have investors
If you invested $3,000 in Facebook stock five years ago, your holdings would be worth roughly $8,200 based on Thursday's share prices. The same investment in e-commerce innovator Shopify would have yielded even better returns -- with the stock's roughly 4,000% return across the s
At Holdings Channel, we have reviewed the latest batch of the 20 most recent 13F filings for the 03/31/2021 reporting period, and noticed that Facebook Inc (Symbol: FB) was held by 15 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea
Facebook Inc said on Friday it is converting a part of its Menlo Park headquarters into a vaccination site, joining the government effort to speed up the vaccination drive in the United States.
The S&P 500 and the Nasdaq were set to open lower on Friday as a rise in U.S. bond yields weighed on richly valued tech stocks a day after the S&P 500 set a record closing high.
Google (NASDAQ: GOOG) and Facebook (NASDAQ: FB) are two of the top-performing stocks of the last decade. The internet giants have beaten the S&P 500 over the last five and 10 years as they've come to dominate online advertising and other markets. And while both businesses ha
Facebook users may not be learning about jobs for which they are qualified because the company's tools can disproportionately direct ads to a particular gender "beyond what can be legally justified," university researchers said in a study published on Friday.
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