New audio features
Facebook on Monday officially announced that it is preparing a number of new audio features for its main app and for Messenger, which include Live Audio Rooms-like Clubhouse audio chats, the creation of short e...
Apple's presentation
Apple has officially announced a presentation on 20 April, according to the company's website.
According to the published schedule, the presentation will take place on 20 April. However, the company did not specify what devices...
Amazon's revenue
Amazon's digital advertising business will grow even more than the company's e-sales and cloud computing businesses in 2020, according to eMarketer. Although this Amazon business has a much smaller share of the U...
New advertising tool
Facebook shares rose on Monday as the company launched a new advertising tool for streaming video platforms such as Netflix, Disney and others. Facebook's algorithms will offer social network users ...
Negotiation between the companies
Pinterest plans to acquire Visual Supply Co., maker of photo-editing app VSCO with a young audience, The New York Times reports, citing anonymous sources.
Pinterest (PINS) shares rose 5 per cent on Friday amid repo...
Pinterest's long-term growth
Pinterest shares are increasingly the choice of investment firms and hedge funds that believe in better monetisation and more advertising products on the platform. That's what Pinterest is doing for its long-term growth....
New funding round
Stripe, the international payment processing company, has raised $600m in funding and has a market valuation of around $95bn. higher than the valuation of Facebook or Uber on the eve of their IPOs. Stripe's millions of customers in...
Breaking state law
Facebook has agreed to pay $550 million to settle a class action lawsuit filed by Illinois residents, the New York Times reports. Each of the 1.6 million people who filed a complai...
Facebook ad blocking
A ban on political advertising imposed before the US presidential election hit paid posts raising awareness about COVID-19. Facebook acknowledged the problem and promised to restore&n...
Smart watch
Facebook is developing a smartwatch, reportedly to be able to be used as a standalone talking device and will initially come with Google's Android OS.
Facebook (FB) is in the process of developing a smartwatch that will be a competitor ...
New high
Twitter shares rose after reporting Q4 revenues and profits above Wall Street forecasts. However, Twitter missed expectations for user growth and also reported a 20% increase in staff this year, which will increase total costs by more than ...
Conflict between the companies
Relations between Apple and Facebook have heated up over the past month as the social network is very unhappy with the new privacy rules that Apple plans to introduce starting with iOS 14.5 operating system.
Starting ...
Start of January trading
U.S. stock indices fell sharply in late January trading, with the Dow and S&P 500 indicators suffering their biggest losses in a month since October amid volatility due to fears of a market bubble over the performance of...
Facebook's profit
Net profit of US-based Facebook Inc (NASDAQ:FB). which owns the world's largest social network, rose 53%, or one-and-a-half times, to $11.22 billion in the fourth quarter of 2020.
Earnings per share r...
Facebook's image
Facebook got another scandal when it tried to impose new data privacy rules on WhatsApp chat room users. Although Facebook's target was only data about WhatsApp users communications with commercial firms, no...
Unlocking the president's account
Facebook founder Zuckerberg had earlier said that Trump's pages would be blocked until his term as president expires. "The blocking is necessary for a ...
Event ban
On 20 January, events planned outside the White House and Capitol buildings cannot be organised on the social networking site. The company could also temporarily ban Americans from broadcasting and creating groups.
Facebook has imposed ad...
Popular messenger in America
Since the storming of the Capitol by Trump supporters and the subsequent blocking of the US president's accounts, Telegram has become the second most downloaded in the US. However, WhatsApp'...
Rising shares by mistake
"Use Signal", wrote Elon Musk on 7 January. Shares in Signal Advance rose 527 per cent on Thursday and another 91 per cent on Friday, climbing from $0.6 to $7.19. Prior to that, little was known about the small company. Acco...
U.S. stock indices rise
Major US stock indices rose on Thursday and ended trading at record highs. The Nasdaq ended trading above 13,000 points for the first time.
The US trade deficit in November 2020 widened to its highest since August 2006 at $6...
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