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Google is still fighting Russian agitators seeking to penetrate its services in an effort to spread disinformation and sow discord among Americans.
Yahoo Finance's LIVE stock market coverage and analysis.
Monika Bickert, Facebook's VP of Global Policy Management, discusses her company's efforts to limit hate speech, fake news, and address new calls for big tech regulation.
Update 2: Everyone has been cleared to return to the buildings. Facebook spokesperson Genevieve Grdina issued this statement: "Late this afternoon, we received a bomb threat and took swift action to evacuate several buildings at our Menlo Park campus.
Tonight the police in Menlo Park, CA are on the scene near the 200 block of Jefferson Ave where the headquarters of Facebook and Instagram are located. According to local news stations KRON4 and NBC Bay Area, an anonymous tip came in to the NYPD, who forwarded it to local officers. In a tweet around 6 PM local time, Menlo Park PD said "The building has been evacuated and the bomb unit is on scene." The events bring to mind the shooting at YouTube earlier this year, and even if it's a hoax, we've also seen how quickly "swatting" pranks can end tragically.
Verizon's (VZ) Oath has experienced increased competitive and market pressure throughout 2018, resulting in lower-than-expected revenues and earnings.
Moody's Investors Service (Moody's) says Verizon Communications Inc. (Verizon) will record a $4.6 billion non-cash goodwill impairment charge in its Oath-branded Media Group in the fourth quarter of 2018, severely reducing the goodwill balance of the reporting unit to $200 million. The company announced this action in an 8-K filing on December 11 following its completion of a comprehensive five-year strategic planning review of Oath's business prospects.
Further, not only did the stocks with the strongest balance sheets survive, but they were the first to thrive when the economy improved. While many investors may think of companies with high-quality balance sheets as boring investments, look at it on a more personal level. While often times investors are only in a name for the short term, think of long-term investments differently.
The stock market continues to be largely a news-driven market, a characteristic that leaves the stock indexes vulnerable to changing gusts of news.
Investing.com - Netflix led tech on higher on Wednesday, as Wall Street expressed optimism about the streaming giant's subscriber growth in the coming year.
Ride-hailing giant Uber Technologies has reportedly selected investment bank Morgan Stanley (MS) to lead its IPO next year, according to Bloomberg. Uber recently filed its S-1, an initial registration form, with the Securities and Exchange Commission, and is set to go public as soon as next quarter. If Uber is indeed valued at $120 billion at its IPO, it will be higher than Facebook’s (FB) market cap of $104 billion at the time of its IPO six years ago.