|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||43.23 - 44.13|
|52 Week Range||15.67 - 47.79|
|PE Ratio (TTM)||2,171.00|
|Earnings Date||Jul 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.88|
Facebook Inc. suspended another company that harvested data from its site and said it was investigating whether the analytics firm’s contracts with the U.S. government and a Russian nonprofit tied to the Kremlin violate the platform’s policies. Crimson Hexagon, based in Boston, has had contracts in recent years to analyze public Facebook data for those and other clients, according to people familiar with the matter and federal procurement data. Crimson Hexagon says it has the largest repository of public social media posts, totaling more than one trillion, from sites that also include Twitter Inc. and Instagram.
Walt Disney Co. severed its ties with James Gunn, director of its “Guardians of the Galaxy” films, after discovering years-old Twitter jokes that the company said were inconsistent with its values. On Thursday, Paramount Pictures fired its head of TV over comments that were deemed racially insensitive. The deleted tweets were unearthed by the Daily Caller and other conservative commentators.
Puerto Rico Governor Ricardo Rossello threatened to withhold testimony from a U.S. House committee later this month if lawmakers don’t apologize for a snide remark on Twitter. At a press conference Friday in San Juan, Rossello said that the tweet in question -- "Call your office, @ricardorossello" -- was disrespectful toward him and the people of Puerto Rico. The committee, which has been keeping tabs on the island as it goes through bankruptcy, wants him to travel to Washington to comment on the apparent disarray at the government-run power utility, known as Prepa, which is a key part of the fiscal crisis.
Giri Devulapally is the sort of stock picker who makes many individual shareholders prefer active managers.
Last month, Twitter (TWTR) unveiled a sweeping reorganization, in which its leadership is built around disciplines rather than individual products. The reorganization is intended to prepare Twitter for the next decade. Twitter has simplified how its various teams work under the new structure, which it also hopes could inspire more innovation as it strives to be a leader in its industry.
BERLIN (Reuters) - German Chancellor Angela Merkel said on Friday that social media platforms needed to take responsibility for the content on their networks. "Everyone who operates such big platforms ...
Twitter (TWTR) is set to release its second-quarter results after it recently rolled out strict advertising rules aimed at people or organizations purchasing political campaign ads on its platform. The company has also moved to make it easier for users to identify who is paying for the political ads they see on Twitter. Twitter’s updated advertising rules require purchasers of political ads to prove they are located in the United States before they can run these ads on Twitter’s platform.
Alphabet Inc.'s Google ( GOOGL), the world’s leading internet giant, was penalized $5 billion this Wednesday on charges of abusing its dominant position its Android smartphone operating system enjoys in the market. The record fine was the maximum ever imposed on a technology company in the EU region.
Last month, Twitter (TWTR) expanded its video ads to international customers. It launched its pre-roll video ads product to all advertisers in India, after initially testing the pre-roll video ads format with select advertisers in the country. Twitter’s pre-roll video ad format is now available to markets in more than a dozen countries, including Brazil, Australia, and Britain.
As tech companies continue to dominate Wall Street, with four now standing alone with valuations of more than $800 billion, gigantic growth is priced in and expected. All the drama is in the forecasts.
Twitter Inc. ( TWTR) has appointed two former high-ranking World Bank employees to its board of directors. In a press release, the social media giant announced that Nigeria’s former finance minister Ngozi Okonjo-Iweala and former World Bank chief Robert Zoellick have been installed to help Twitter improve transparency and become a “safer, healthier place” for its users.
Nigeria’s former finance minister Ngozi Okonjo-Iweala has been appointed to the board of Twitter. Okonjo-Iweala served as minister of finance and coordinating minister for the economy of Nigeria under president Goodluck Jonathan from 2011 until his government was voted out in March 2015. Prior to that, she was the minister of finance under president Olusegun…
SAN FRANCISCO, July 19, 2018 /PRNewswire/ -- Twitter, Inc. (TWTR) today announced the appointments of Ngozi Okonjo-Iweala and Robert Zoellick to Twitter's Board of Directors (the "Board") as new independent directors, effective immediately. Marjorie Scardino will be stepping down from the Board for personal reasons at the end of the year. "Ngozi and Bob are distinguished leaders with unparalleled global perspective and policy expertise," said Omid Kordestani, Executive Chairman of Twitter.
Last Friday, 12 Russian agents were indicted for hacking and other efforts to interfere with the 2016 U.S. presidential election. Here's an update on how the tech giants' efforts to deal with the problem have gone, and how fake accounts could still haunt Facebook, Twitter and Instagram down the road. "We know we were slow to pick-up foreign interference in the 2016 US elections," Facebook's VP of advertising Rob Goldman wrote in an April blog post.
As Twitter (TWTR) reports its second-quarter results, investors are noticing its data business—and for good reason. Although Twitter gets most of its revenues from the advertising business, the data business has been its growth engine. Although Twitter’s advertising business only returned to growth in the first quarter after several quarters of sliding sales, its data business has been growing at a double-digit rate.
Although Twitter (TWTR) and Facebook (FB) are taking different approaches in their video push in the fast-growing online video advertising market, Twitter seems to favor building a low-cost video business. Twitter’s video strategy involves sharing revenues with video partners rather than funding the programming production upfront, as Facebook has started doing.
Twitter’s (TWTR) user growth is falling due to rising instances of abusive content, cyber crime, and trolling. Twitter has been fighting fake news and has suspended many malicious accounts for violating its anti-spam rules and spreading fake news. According to a Washington Post report, Twitter has suspended as many as 1 million accounts per day.
The chair of the US House Judiciary Committee reportedly called on Facebook (FB), Alphabet’s (GOOGL) YouTube, and Twitter (TWTR) to testify about whether they are filtering content for political reasons. While Facebook sent its head of global policy management, Monika Bickert, to testify before US Congress, Twitter’s representative was its senior strategist, Nick Pickles.
Here are some things going on today in the world of tech: Shares of Alphabet (GOOGL) are up $3.31, or 0.27%, to $1,216.40 after the European Union imposed a €4.3 billion fine on the company’s Google unit for anti-trust violations in the way that it struck deals with phone makers for use of its Android software that “denied rivals the chance to innovate and compete,” in the words of Margarethe Vestager, the EU competition commission, as reported by Bloomberg’s Aoife White, Stephanie Bodoni, and Natalia Drozdiak. Google has 90 days to stop “illegal practices,” the authors relate. As my colleague Jonathan Swartz notes, the fine equals 40% of the net income Google brought in last year.
Twitter also expanded existing programming relationships with Walt Disney (DIS) and Viacom (VIA). In June, Twitter reorganized its video division with the aim of increasing the unit’s efficiency. In addition to driving more efficiency in the video division, Twitter stated that these changes would better align its video division to its global strategy and vision.
Twitter’s (TWTR) latest cleanup job is good news for current users—but may not to much to attract new ones, according to new research. In a Wednesday note, Macquarie Research analysts downgraded the Barron’s Next 50 company’s shares to “neutral,” though they also raising their price target to $42, right around current levels though more than 25% above FactSet current mean target. Twitter shares were down more than 3% in Wednesday morning trading.
User trends, limited catalysts and valuation concerns triggered a downgrade of Twitter, Inc. (NYSE: TWTR ) by Macquarie on Wednesday. The Analyst Macquarie analyst Benjamin Schachter downgraded Twitter from ...
Twitter Inc.’s ( TWTR) stock has surged about 82% in the past six months, but Macquarie Research believes the stock's upside is limited. The firm lowered its rating on Twitter shares to Neutral from Buy on concerns that the current valuation is too high. Twitter was down more than 1% near $44.25 in pre-market trade Wednesday.
Shortly before the Washington Post reported Twitter’s (TWTR) aggressive shutdown of unwanted accounts, Twitter had unveiled new efforts to fight what it called “spam and malicious automation” on its platform. For years, Twitter has struggled with the problem of misuse of its services. Some people created multiple accounts to attack and harass other users, ultimately driving the targeted users away from Twitter.
Twitter's purging tens of millions of fake accounts but it could spell trouble for the social media company. Yahoo Finance's Seana Sith, Andy Serwer, Dan Howley and Dan Roberts discuss.