Stocks were supposed to be mired in a bear market after they plunged in March as the coronavirus pandemic shut business and sent unemployment to its highest rate since the Great Depression. Except they aren’t.
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Twitter and Facebook have both sparked the ire of Donald Trump, but the social networks have taken nearly opposite approaches to politics and the US president.
US President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Google from being responsible for the material posted by their users.
US President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter added a warning to some of his tweets.
Facebook has changed the name of the digital wallet to be used with its new cryptocurrency, the latest in a number of changes to the digital currency and its ecosystem.
A Facebook rally pushed shares of the social media company to a record on Wednesday. Facebook rose as much as 6% to $230.33, extending a winning streak to the fifth consecutive day.
Facebook is launching Shops, a service that will allow businesses to display and sell products on the world’s largest social network’s platforms, CEO Mark Zuckerberg said on Tuesday.
Facebook CEO Mark Zuckerberg has said he is worried that China-style regulation of Internet platforms could be replicated in other countries, as leaders across the world consider greater online laws.
Google’s dominance of the digital advertising market is harming advertisers, news publishers and consumers, according to a paper that outlines how the US could bring an antitrust case against the Internet giant.
Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app.