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Twitter has disclosed that Russian-backed accounts spent $1,031.99 to buy six Brexit-related ads on its platform during last year's European Union referendum vote.
Alan Valdes, director of floor operations for Silverbear Capital, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss what stock sectors investors are buying as 2017 draws to a close.
Yahoo Finance’s Jared Blikre breaks down the latest information for traders.
Apple, Google, AT&T and Uber are some of the companies to watch.
Financial stocks are leading today and bonds are selling off as the Federal Reserve begins its two-day FOMC meeting. Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss.
Facebook today said it is shifting to a "local selling structure" in countries outside the U.S., in which its advertising revenue in that country will be recorded by their local company in the country. The change comes amid a period where there is increasing scrutiny over companies that have held offshore revenue, especially in Ireland, where the European Commission in October slammed Dublin for failing to collect unpaid taxes from Apple. "We believe that moving to a local selling structure will provide more transparency to governments and policy-makers around the world who have called for greater visibility over the revenue associated with locally supported sales in their countries," Facebook CFO Dave Wehner said in a blog post today.
All French children under the age of 16 will have to seek parental approval to open an account on Facebook or any other social network under draft legislation presented on Wednesday. The requirement is part of a French bill that seeks to adapt data privacy regulations and improve access to the information internet companies gather, store and in many cases sell to other firms about people's online activity. "Joining Facebook will involve parental authorisation for minors aged under 16," Justice Minister Nicole Belloubet told reporters.
As seen in its partnership with Symantec (SYMC), Oracle (ORCL) is a key player in the tech sector, which is dominated by cloud computing technology.
Cisco has reported a decline in revenues this year, driven largely by low core product sales. The networking giant is facing pricing pressure for standalone hardware, resulting in low product revenues and compressing gross margins for the product segment. In order to battle stagnating hardware