|Bid||29.05 x 21500|
|Ask||29.29 x 900|
|Day's Range||28.44 - 29.24|
|52 Week Range||16.75 - 47.79|
|PE Ratio (TTM)||94.21|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.69|
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Old tweets from professional sports franchises that suddenly displayed different images, including at least one pornographic picture, were Twitter Inc.’s fault, the social-media service admitted Tuesday evening.
While most of the country’s largest companies are SOEs, the private sector is the economy’s main engine, contributing 60 per cent of growth in gross domestic product, 90 per cent of new jobs and more than half of all fiscal revenue, according to an industry association for private companies.
Twitter Inc. is planning to expand its rules to no longer allow content that treats others as subhuman in its latest attempt to replace toxic speech on the platform with healthier discourse. The new policy will home in on “dehumanizing” speech because “language that makes someone less than human can have repercussions off the service, including normalizing serious violence,” Twitter executives wrote in a blog post on Tuesday. For years, Twitter has been criticized for hosting vitriolic content on its platform.
Whenever a visionary founder leaves a company, it is a moment of great risk. This is even more so because Instagram has become Facebook’s growth engine.
Since Facebook first went public in 2012, the stock has rallied more than 300% to reign supreme as the hottest stock in the social-media landscape. At the same time, Twitter has shed a third of its value since its initial trading day while Snap, the youngest of the trio, has had an even rougher showing. But there’s clearly a change afoot in 2018,
Alphabet Inc.’s Google, Facebook Inc., Twitter Inc. and other tech and advertising companies have committed to implementing new measures and investing in new technologies to fight the spread of hoax news online in Europe, according to a draft of the agreement. The group, an ad-hoc alliance that includes Mozilla Corp. and advertising business organizations, is set to present its code of conduct on Wednesday to the European Commission, the bloc’s executive body, some of the companies said. The EU in April called on web platforms and social media firms to present a plan on how to curtail misinformation online or face possible regulation if they fail to do so.
Alphabet’s (GOOGL) Google recently told its employees that they should not allow their political views to influence their work at the company, according to a staff memo cited by the Wall Street Journal. In the memo, Google CEO Sundar Pichai warned that employees who undermined the company’s efforts to stay neutral politically would be held personally accountable. Maintaining political neutrality is important for Google.
As complaints about Big Tech’s anti-conservative bias stay in the spotlight, the industry is pushing back.
Facebook (NASDAQ:FB) is in the top quintile of losers, as Facebook stock price has tumbled about 19%. Is Facebook stock the best of the worst? According to Finviz.com, there are 13 technology stocks down more than 10% over the past three months, and Facebook stock was the fifth-worst performer among them.
Shares of Snap Inc. are up 2% in Tuesday morning trading after Instagram cofounders Kevin Systrom and Mike Krieger said they would be leaving their company, which is now owned by Facebook Inc. . Snapchat user growth has struggled since Snap went public in early 2017, as Facebook and Instagram continue to borrow the service's most popular features and win over more young users. Systrom most recently served as Instagram's chief executive, while Krieger was the chief technology officer. Facebook shares are down 1.4% in Tuesday's session, while Twitter Inc.'s stock is up 0.9%. Snap shares have tumbled 30% over the past 12 months, compared with a 17% gain for the S&P 500 [s:spx].
Early reception to Nike‘s (NYSE:NKE) controversial “Just Do It” ad campaign featuring former NFL quarterback Colin Kaepernick (the one who started the NFL kneeling protests) has been quite positive, and that is a good thing for NKE stock. Although the verdict is still out, the consensus opinion among Wall Street analysts, investors, and advertising pros is that the Kaepernick advertisement will actually create tailwinds for Nike’s business by energizing its core demographic and improving its brand image through increased social awareness. It is a necessary thing for Nike stock.
President Donald Trump on Tuesday took aim at Saudi Arabia and its refusal to lead an increase in oil production, telling the UN that Opec members were “as usual ripping off the rest of the world”. “I don’t like it, and nobody should like it,” Mr Trump said about Opec. “We defend many of these nations for nothing and then they take advantage of us by giving us high oil prices, not good.
In my head, I called these “Jonny Wilkinson discussions” because the door-closing reminded me of the former England rugby star’s elegant leg swing as he kicked for the posts. Sometimes the Jonny Wilkinson talk was about an internal squabble. More often it was about a personal or family problem, of which there was a huge variety.
US President Donald Trump on Tuesday took aim at Saudi Arabia and its refusal to lead an increase in oil production, telling the UN that Opec members were “as usual ripping off the rest of the world”. Speaking at the UN General Assembly, Mr Trump said: “I don’t like it and nobody should like it. Mr Trump has repeatedly bashed Opec on Twitter, demanding that producers raise output to keep oil prices in check.
The U.S. Justice Department said on Monday it will hold a "listening session" with officials from more than a dozen states on Tuesday to discuss consumer protection and the technology industry, an agency official said. The meeting, first announced on Sept. 5, was called by Attorney General Jeff Sessions to discuss whether social media companies have intentionally stifled "the free exchange of ideas." It followed criticisms by President Donald Trump of social media outlets, alleging unfair treatment of conservatives. Sessions will meet with attorneys general or representatives from California, Louisiana, Missouri, Nebraska, and Texas, among others, said the official, who declined to be named.
The U.S. Justice Department said on Monday it will hold a "listening session" with officials from more than a dozen states on Tuesday to discuss consumer protection and the technology industry, an agency official said. The meeting, first announced on Sept. 5, was called by Attorney General Jeff Sessions to discuss whether social media companies have intentionally stifled "the free exchange of ideas." It followed criticisms by President Donald Trump of social media outlets, alleging unfair treatment of conservatives. Discussions are expected to focus on companies like Facebook Inc, Twitter Inc and Google owner Alphabet Inc , which have been accused by some conservatives of seeking to exclude their ideas.
Facebook (FB), Google (GOOGL) and Twitter (TWTR) are likely to come under review due to the antitrust probe by the U.S. Government.
The survey showed that about two-thirds of American adults or about 68 percent get news at least occasionally on social media. Facebook is the preferred social media news source, with 43 percent accessing news from this avenue, while 12 percent get news from YouTube and 12 percent from Twitter Inc (NYSE: TWTR).