Meta Platforms Inc
Why one tech analyst thinks Amazon’s stock is underappreciated
Amazon is a big name in the ever-growing e-commerce space, but one tech analyst thinks shares of the technology giant are underappreciated and cheap. Source
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EU targets U.S. tech giants with a new rulebook aimed at curbing their dominance
Executive Vice President of the European Commission for a Europe Fit for the Digital Age Margrethe Vestager. Thierry Monasse | Getty Images News | Getty Images The European Union agreed on landmark new antitrust regulations that could reshape the business models of U.S. technology giants Meta, Apple, Amazon and Google dramatically. The rules are expected […]
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Bill Miller says there are many good opportunities in the market. Here is where he’s looking
Bill Miller believes there are many attractive opportunities in the market right now, and here are the top picks that the longtime value investor just laid out. Source
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Google employees bombard execs with questions about pay at recent all-hands meeting
Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google executives, facing a barrage of criticism from employees on issues related to compensation, defended the company’s competitiveness at a recent all-hands meeting while acknowledging that the performance review process could change. The companywide virtual gathering earlier this month followed the release of […]
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Stock futures are steady as investors juggle Fed comments and policy
Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the Federal Reserve on inflation and interest rates. Dow futures fell just 11 points. S&P 500 futures dropped 0.03% and Nasdaq 100 futures […]
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BuzzFeed says people are spending less time on Facebook
The Facebook and Instagram logos displayed on a smartphone with the Meta Platforms logo pictured in the background. Igor Golovniov | SOPA Images | LightRocket | Getty Images BuzzFeed’s earnings call Tuesday morning pointed to a continuing theme in tech: consumers are moving away from Meta’s Facebook. “At this point in the quarter, we continue […]
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The Nasdaq is down more than 10% this year. Here are Wall Street’s top picks to buy the dip
As tech stocks endure a broad sell-off this year, Wall Street analysts name some of their top stocks to buy right now. Source
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Why Russian people need tech companies to stay, not withdraw: It’s terrifying ‘how dark that place could become’
People gather to stage anti-war protest in Saint-Petersburg, Russia on March 1, 2022. Anadolu Agency | Getty Images As the U.S. and Europe impose economic sanctions on Russia for its invasion of Ukraine, and businesses such as McDonald’s and Starbucks shut down operations in the country, tech platforms must weigh a more complex equation. Unlike […]
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Kanye West has been suspended from Instagram
Gilbert Carrasquillo | Getty Kanye West has been suspended from Instagram for 24 hours for breaching the social media network’s harassment policy. West, who goes by “Ye,” will not be able to post, comment or send direct messages for 24 hours. A spokesperson for Meta, which owns Instagram, told CNBC Thursday that West violated the […]
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UK government to speed up criminal sanctions for tech bosses with new online safety laws
scyther5 | iStock | Getty Images Plus Executives at companies like Meta, Google, Twitter and TikTok could face jail time sooner than anticipated if they fail to cooperate with the U.K. internet regulator, Ofcom. The U.K. government announced Wednesday that executives may face prosecution or jail time within two months of the new Online Safety […]
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