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Facebook, Inc. Common Stock (NASDAQ:FB) Agrees to Pay Fine To UK Regulator for its Role in Cambridge Analytica Scandal

Facebook, Inc. Common Stock (NASDAQ:FB) announced recently that it has finally resolved to pay a fine of about $643,000 to the U.K.’s data protection watchdog for its alleged involvement in the Cambridge Analytica scandal. The U.K. Information Commission Office (ICO) issued the fine to the social media company in October 2018 after it was reported […]

Politicians Support Scrutiny And Control Of Alphabet Inc (NASDAQ:GOOG) And Facebook, Inc (NASDAQ:FB)

The partisan politicians in the United States always differ in terms of ideologies. However, their interest in controlling big technology companies makes them agree on one thing. They have plans to converge to check out the power of the various Silicon Valley giants. An official working with New Alphabet Inc (NASDAQ:GOOG) says the politicians intend […]

Facebook, Inc. Common Stock (NASDAQ:FB) Contemplates Unifying Instagram And Direct Messages Through Messenger

Social media giant Facebook, Inc. Common Stock (NASDAQ:FB) might soon allow Direct Messages (DMs) to be part of its Messenger platform, a move that would sort of integrate multiple apps. The company is reportedly working on integrating Messenger with DMs, a move that will allow users to receive DMs through Messenger. Sources familiar with the […]

Facebook, Inc. Common Stock (NASDAQ:FB) Is Developing AR Devices That Will Help User Compile Texts Using Mind Control

Facebook, Inc. Common Stock (NASDAQ:FB) is reportedly working on technology that when coupled with AR technology will help users write texts using their minds without having to touch a smartphone. The social media giant has lately been expanding its ventures into a wider range of technologies and this time it looks like it has selected […]

Facebook Could Be Tracking Users To Target Ads

There have been long running allegations that Facebook could be listening to users’ private conversation. According to victims of the allegations, the tech giant displays ads, either via Facebook or Instagram, as if on cue after having a private conversation on a matter related to the ad. Facebook is eavesdropping users But Facebook denies the […]

Tech Giants Team Up To Standardize Artificial Intelligence

Artificial intelligence (AI) has come a long way and the progress provides a wide range of opportunities. But a problem arises when people do not get to optimize their AI-focused projects due to lack of clear standards and benchmarks. In light of this, Google and Facebook, together with 38 other tech companies came together to […]

Facebook’s Libra Prompts Important Discussion in Crypto

Money has moved over the years from cash to credit card to digital currency beginning with the Nixon Administration removing the US Dollar from the Gold Standard in the 1970s, and allow global currencies to free float against one another, but the emergence of Bitcoin gained real traction when the housing market crashed in 2008. […]

Hester Peirce Seeking Permission For Innovation In The ETF Segment

Hester Peirce, the commissioner at the U.S. securities regulator, has pressed for a less vigilant approach towards advancement in the exchange-traded funds segment on the regulator’s part. As per the report, Peirce urged her co-commissioners to permit for innovation in the ETF segment by reducing their caution. The existing scenario The SEC has yet not […]

Facebook Inc (NASDAQ:FB) In The Third World, A Pain For Twitter Inc (NYSE:TWTR)

Boston, MA 08/18/2014 (wallstreetpr) – Facebook Inc (NASDAQ:FB), whose shares are up 35% this year, will likely remain a serious thorn in the flesh of rival Twitter Inc (NYSE:TWTR) for a long time. Already Facebook stands out as the dominant social network in the world with more than 1.32 billion active users, a number that […]

Zynga, Incorporated (NASDAQ:ZNGA Surpasses 3Q Revenue Estimates, Confident On 4Q Estimates

Boston, MA, 11/22/2013 (wallstreetpr) – Beating analyst estimates, online games company Zynga, Incorporated (NASDAQ:ZNGA) disclosed better financial results for its third quarter of 2013, with $203 million in revenue and a net loss of $0.68 million, underlining a good recovery in addition to surpassing the $35.6 million loss expectations of analysts. Zynga’s third-quarter earnings are […]

Ireland Regulators Want ‘Urgent’ Details of Facebook’s Policy Changes

Recently, Facebook Inc (NASDAQ: FB), the giant social media company, made overnight changes to its privacy policy and informed users after making the changes. However, this has not gone well with the Irish regulators from the European Union, they said that they sought urgent details concerning the Facebook Inc (NASDAQ: FB) policy changes. Gary Davis, […]

Groupon Inc (NASDAQ:GRPN) Jumps 13% On Hedge Fund Takes Stake – GRPN, FB, YHOO, BIDU, GOOG

Shares of Groupon Inc (NASDAQ:GRPN) surged over 13 percent, to $3.53 per share on Tuesday, following a New York-based hedge fund declared that it had purchased a 9.9 percent stake in the online daily deals firm. Late Monday, Tiger Global reported in a regulatory filing that it has purchased 65 million shares of Groupon’s stock […]

Facebook (NASDAQ:FB)’s Investor Interpublic (NYSE:IPG) Sells All Remaining Stake – FB, YHOO, GRPN, ZNGA, BIDU

On Tuesday, Interpublic Group of Companies, Inc. (NYSE:IPG) decaled that the investment it made in the social network in 2006 is no longer strategic in nature. It sold its residual investment in Facebook Inc. (NASDAQ:FB) for net cash proceeds of $95M,. CEO of Interpublic, Michael I. Roth articulated that the firm’s investment had increased significantly […]

Apple (NASDAQ:AAPL) Shares jumped 7%; Analyst Selloff Recommendation – AAPL, DELL, FB, INTC, MSFT

Shares of Apple Inc. (NASDAQ:AAPL) surged around 7 percent, to closed at $565.73 on Monday. Topeka Capital Markets forecaster Brian White declared in a research note that the current selloff in Apple’s stock over the previous eight weeks has gotten to the point of being insanely insane. As the White stated that investors are forgetting […]

Groupon (NASDAQ:GRPN) Declares Israeli Website Hack after Gaza Attack – GRPN, FB, YHOO, ZNGA, BIDU

Shares of Groupon Inc (NASDAQ:GRPN) surged more than 4% on Monday after it declared that its Israeli Web site, groupon.il, was compromised by a political hackers group who hacked the site to declare messages threatening Israeli crowds against any ground attack against Gaza. A Groupon spokeswoman, Julie Mossler reported in a statement that the hackers […]

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