|Bid||0.00 x 3000|
|Ask||0.00 x 800|
|Day's Range||27.59 - 29.05|
|52 Week Range||17.03 - 47.79|
|Beta (3Y Monthly)||0.43|
|PE Ratio (TTM)||92.59|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.24|
“I think social media is increasing, unfortunately, identity politics, [and] tribalism," the world's richest man said.
Social-media companies are failing their users by creating echo chambers that encourage polarization, Twitter Chief Executive Jack Dorsey said Monday.
Twitter CEO Jack Dorsey acknowledged the problem of filter bubbles on the platform. Twitter TWTR CEO Jack Dorsey is grappling with the unintended consequences of his invention, like many of his peers in the technology industry. "I think Twitter does contribute to filter bubbles and I think that's wrong of us, we need to fix it," he said.
Facebook Inc. has embarked on another effort to curb voter manipulation, with executives telling Reuters that the company will ban misinformation about voting requirements and untrue reports of conditions at polling sites that could prevent people from showing up to vote, such as long poll lines or violence at polling stations, ahead of and during next month's U.S. midterm elections. The ban was set to be widely announced later Monday, Reuters reported. Facebook executives are also weighing whether to follow Twitter Inc. and ban posts linking to hacked materials, the report said. Facebook last week removed hundreds of U.S.-based pages and accounts it said were spreading false or misleading political content ahead of the elections.
Alphabet’s (GOOGL) Google recently disclosed that it had found a security flaw that may have exposed the personal data of as many as 500,000 users of its Google+ social network. Google+ was introduced in 2011 as a competitor to Facebook (FB). In an attempt to tighten the security of its products, Google announced a wide range of changes after revealing the security glitch.
Twitter (NYSE:TWTR) finds itself plagued by struggles to grow its user base as the company figures out how to monetize its site. Twitter stock has fallen by close to 45% since its last earnings report. The Twitter stock price has seen a slow, steady decline since it fell sharply following its July earnings report.
Ireland’s Data Protection Commission has launched an investigation into Twitter after it refused a request inquiring into its collection of location data from users.
A quarter ago, Facebook (NASDAQ:FB) warned its investors that the future may not look as bright as the past. Namely, between a dented reputation, market saturation and improving competition from the likes of Snap (NYSE:SNAP) and Twitter (NYSE:TWTR), its revenue growth pace was poised to slump and margins were apt to shrink. Facebook stock immediately plunged 20% and is now 30% below the pre-warning price.
The U.K. and the European Union are on course to miss a key milestone on the road to a Brexit deal after talks hit a roadblock on Sunday. A weekend of intense negotiations -- including a surprise dash by Brexit Secretary Dominic Raab to meet his EU counterpart Michel Barnier in Brussels -- failed to break the deadlock.
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included an old-school conglomerate and a social media pair. Bearish calls included an electric car maker ...
Pat Cipollone is likely to replace Don McGahn as White House Counsel, according to Axios and The Washington Post. The litigator is well-liked among Trump's inner circle, and is seen as a loyalist. President Donald Trump is on the verge of naming Pat Cipollone, a veteran Washington litigator and a loyalist of the president, as White House Counsel, two published reports said on Saturday.
Square CFO Sarah Friar announced she was moving into a CEO role this week, which sent the company's stock down sharply. CEO Jack Dorsey, who runs both Square and Twitter, offered Friar some leadership advice. Investors in fintech company Square SQ don't seem to approve of the departure of CFO Sarah Friar, but CEO Jack Dorsey certainly does.
Investors in fintech company Square don't seem to approve of the departure of CFO Sarah Friar, but CEO Jack Dorsey certainly does.