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Netflix reported user growth that exceeded Wall Street expectations, underscoring a recovery for the online streamer following a rare miss in new user additions last quarter.
Facebook's Portal cameras might just be the start of the company's plans to bring video chat to your home. Cheddar sources claimed that the social network is making a "camera-equipped device" that brings video chat and streaming services (including Facebook's own) to your TV. As clever as Portal may be, a large part of that $199 starting price likely comes from the display.
Facebook, Twilio, Twitter, Ford and Lyft are the companies to watch.
Facebook announced Friday (Oct. 12) that the breach it uncovered more than two weeks ago resulted in nearly 30 million people having various information accessed and scraped by hackers. It’s fewer people than the platform initially announced. However, some of the information the hackers accessed is deeply personal, including phone numbers and locations a user…
Facebook Inc. knew of problems in how it measured viewership of video ads on its platform for more than a year before it disclosed them in 2016, according to a complaint filed Tuesday by advertisers. The plaintiffs later added a fraud claim, and in Tuesday’s court filing they alleged Facebook knew of irregularities in its video metrics by January 2015 and understood the nature of the miscalculation within a few months, but failed to disclose the information for over a year. The filing followed the plaintiffs’ review of some 80,000 pages of internal Facebook records that they obtained as part of court proceedings.
Facebook wasn't detrimental to veterans' mental health but they derived more benefit from meeting with family and friends in person.
This will be the first major test of a strict new European privacy regulation called GDPR, under which Facebook could be fined up to 4 percent of its annual revenue. Approximately 3 million Europeans were affected by a September Facebook FB security breach in which users' personal information was stolen, the Irish Data Protection Commission told CNBC on Tuesday. This security breach is expected to be the first major test of Europe's new General Data Protection Regulation, and the number of European users affected could help determine the severity of any penalties against the company.
Facebook (FB) has reportedly announced that it is banning misinformation on voting methods on its platform ahead of the US mid-term elections in November in an effort to combat the voter suppression and false news issues that came up during the 2016 US presidential election. Facebook has been trying to help users directly communicate problems of voter suppression to Facebook fact checkers. Facebook has announced that any sort of voting suppression like the spread of false news by saying that polling places are closed or facing violence would be handled and checked by the company’s third-party fact checkers.
Netflix stock (NFLX) declined 1.89% on October 15 after Goldman Sachs and Raymond James slashed their price targets on Netflix on concerns of rising interest rates. Netflix stock has not been doing well recently. Amid heavy selling in Netflix along with many major tech stocks and broader market indexes, Goldman Sachs and Raymond James have cut their 12-month price target forecasts on Netflix, as they fear that the rising interest rates will erode the streaming giant’s valuation.
Snap (NYSE:SNAP) has been a total and utter disaster. Snap stock is down a whopping 50% so far this year and more than 70% from its highs. Heck, even from its March 2017 IPO price of $17 per share, SNAP shares are down almost 60%.
As Twitter (TWTR) prepares to release what will be its first full-quarter financial report under the European Union’s comprehensive privacy law known as the General Data Protection Regulation (or GDPR), it turns out the company is under investigation as to whether or not it has violated the law. Ireland’s data watchdog, the Irish Data Protection Commission, is currently investigating Twitter’s European corporate headquarters. Twitter’s GDPR probe in Ireland was triggered by a complaint from a UK privacy researcher who indicated to the Irish privacy watchdog that Twitter had refused to hand over data about him that he had requested.
The Supreme Court has agreed to hear a case that could determine whether users can challenge social media companies on free speech grounds. The case, Manhattan Community Access Corp. v. Halleck, No. 17-702, centers on whether a private operator of a public access television network is considered a state actor which can be sued for First Amendment violations. The case could have broader implications for social media and other media outlets.
Shares of the social media titan collapsed after second-quarter earnings, but with Q3 just weeks away, Rosenblatt says it's time to buy.
The Dow, the S&P 500 and the Nasdaq were all comfortably in positive territory, building on earlier gains, near midday on Tuesday.
scams are growing more prevalent as digital fraudsters increasingly target social media users who leave their personal data on Facebook - at great risk. Case in point: in September, Facebook revealed that over 30 million user profiles were breached, with key personal data including names, contact information, gender, relationship status and location check-ins being compromised, and potentially exposed to data thieves. The recent Facebook breach comes at a time when law enforcement and information technology security specialists deem data fraud protection to be a big issue, and a big challenge - for Facebook users, companies and organizations, and even the federal government.
Life as a public company has been less-than-stellar for Snap (NYSE:SNAP) and Snap stock. Within a day, excited investors pushed Snap stock up to nearly $30. Since then, it has been nothing but downhill for Snap stock, excluding one big, post-earnings pop.
As Twitter (TWTR) reports its third-quarter results, Japan is on many investors’ radars. The country has become a prominent market for the company and presents an attractive digital advertising market opportunity. Twitter is poised to close 2018 with 34 million monthly users in Japan, which is equivalent to 63.3% of all social network users in the country, according to eMarketer.
A little less than a month ago yours truly took a bigger-picture look at Momo (NASDAQ:MOMO), ultimately determining the company and the stock were winners. Since then, Momo stock has fallen 27%, and is knocking on the door of even lower lows thanks to a sweeping change in how traders perceive the current market environment. It’s not all that easy to pin down exactly what Momo is.