social media

How Short Sellers Were Positioning Ahead of Zuckerberg’s Testimony

Posted: April 11, 2018 at 10:20 am

Social media has taken the world by storm, building virtual communities for anyone who has internet access and allowing people to connect and share across the globe. Many of these ...
Read Full Story »

6 Most Important Things in Business Today

Posted: April 11, 2018 at 5:15 am

Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg would not say if he is willing to support regulation of the company he founded as he testified before Congress. According to Reuters: ...
Read Full Story »

Facebook’s Coming Death Cross Chart Pattern May Overshadow Diminishing Fundamentals

Posted: April 10, 2018 at 12:45 pm

Facebook Inc. (NASDAQ: FB) was looking all set to have a great 2018. Its shares were rising in January, and analysts kept lifting price targets. Then came the market sell-off ...
Read Full Story »

Zuckerberg Delivers More of the Same Old, Same Old to Congress

Posted: April 9, 2018 at 2:08 pm

In prepared testimony released Monday ahead of his appearance before the U.S. House Committee on Energy and Commerce, Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg starts off by saying that ...
Read Full Story »

Who Is Feeling the Biggest Burn From Facebook?

Posted: March 29, 2018 at 10:35 am

Facebook Inc. (NASDAQ: FB) has been the subject of much scrutiny recently following concerns about its privacy practices and how it handles user data. However, the company that seems to ...
Read Full Story »

6 Most Important Things in Business Today

Posted: March 29, 2018 at 4:54 am

Facebook Inc. (NASDAQ: FB) will no longer work with brokers that use its data to target certain people. According to Reuters: Facebook Inc said on Wednesday it would end its ...
Read Full Story »

Facebook Sued for Allegedly Allowing Discriminatory Housing Ads (UPDATED)

Posted: March 27, 2018 at 12:50 pm

The current controversy troubling Facebook Inc. (NASDAQ: FB) regarding its relationship with Cambridge Analytica and a leak of up to 50 million users personal information is not the only headache ...
Read Full Story »

Short Sellers Up the Ante on Social Media Stocks

Posted: March 27, 2018 at 8:50 am

Social media has taken the world by storm, building virtual communities for anyone who has internet access and allowing people to connect and share across the globe. Many of these ...
Read Full Story »

FTC Now Investigating Facebook Privacy Practices

Posted: March 26, 2018 at 12:55 pm

Facebook Inc. (NASDAQ: FB) shares dropped by more than 6% early Monday following an announcement from the U.S. Federal Trade Commission (FTC) that the agency has opened a "non-public investigation" ...
Read Full Story »

Facebook Denies Reports That It Secretly Logs Your Call Data

Posted: March 26, 2018 at 10:30 am

The latest can of worms to pop open for Facebook Inc. (NASDAQ: FB) appears to have more than just one big worm. The latest comes from a report at Ars ...
Read Full Story »

Twitter Charged with Violence, Abuse Against Women

Posted: March 25, 2018 at 8:14 am

A new report from Amnesty International claims that Twitter Inc. (NYSE: TWTR) fails "to adequately respect [women's] human rights and effectively tackle violence and abuse [toward women]." That failure "means ...
Read Full Story »

6 Most Important Things in Business Today

Posted: March 23, 2018 at 5:03 am

Congress approved a $1.3 trillion spending bill. According to Reuters: The U.S. Congress voted early on Friday to approve a $1.3-trillion government funding bill with large increases in military and ...
Read Full Story »

Is Facebook Stock Getting Hammered on Analyst Comparison to eBay?

Posted: March 22, 2018 at 10:05 am

Many times on Wall Street, stock analysts just regurgitate the same tired old analyst jargon when reporting on a stock. That wasn’t the case late Wednesday when Stifel analyst Scott ...
Read Full Story »

Zuckerberg Lists Plans to Improve Protection of User Data

Posted: March 22, 2018 at 4:41 am

As a reaction to the firestorm over the use of the profiles of 50 million Facebook Inc. (NASDAQ: FB) members by Cambridge Analytica, founder, and CEO Mark Zuckerberg posted a ...
Read Full Story »

Is Zuckerberg’s Defensive Statement Enough?

Posted: March 21, 2018 at 4:18 pm

Facebook Inc. (NASDAQ: FB) has been under fire recently after a third party firm inappropriately obtained Facebook user data, starting back in 2014. This has given rise to many concerns ...
Read Full Story »