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After closing yesterday trading at $268.09, approximately 2.06% down, Facebook (FB) stock has dropped over 5% since the beginning of the week. The company has gone to the Ireland High Court to appeal a move to curb EU-US data transfer.Facebook Inc (NASDAQ: FB) stock continues experiencing a strong downward pull
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After last year’s announcement to allow political ads, Facebook will ban these ads shortly before the upcoming elections. FB stock price is falling.Facebook Inc (NASDAQ: FB) announced plans to ban political ads in the week before the U.S. presidential election. According to the announcement, some posts will be put down,
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Walmart’s surprise bid for TikTok coincided with Facebook unveiling the Shops feature on its main app. The big-box retailer’s experience in China, where social commerce is more advanced, gives it an edge. Walmart’s online ad business stands to benefit, too. Just days after Facebook (NASDAQ:FB) doubled down on its social commerce ambitions by
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Facebook Shops launched this week, several months after a similar feature went live on Instagram. Small businesses dissatisfied with Amazon Marketplace finally have an alternative. Facebook’s partnership with Shopify should scare Amazon. Earlier this week, Facebook quietly launched a shopping tab on its flagship app. The move comes months after the social media
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Facebook seems unfazed with the scrutiny, as the company plans to expand its porting tools for images and data. FB stock is slightly up.Facebook Inc (NASDAQ: FB) announced this week that it is considering expanding the data types that users of the platform can directly port to other sites. This
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With an increase of 43% in 2020, Tencent has added $197.74 billion to its market value on Tuesday, pushing its market cap higher than that of Facebook.Tencent Holdings Ltd (HKG: 0700) has become more valuable than Facebook Inc (NASDAQ: FB), shooting past the American social media giant. After a huge
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After the antitrust hearing was postponed to pay respect to the late Rep. John Lewis, D-Ga, the four U.S. big tech CEOs are expected to be grilled by Congress today.On Wednesday, July 29, the four largest U.S. tech companies by market capitalization will face Congress regarding the antitrust issues. The four
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Facebook seems to be the next to join the $1 trillion market cap club. Visa, Tesla, and Berkshire Hathaway are also strong contenders in the race.Despite the persisting coronavirus pandemic affecting most companies’ growth, some companies are close to joining the $1 trillion market cap club. Already, Apple Inc (NASDAQ:
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Due to the issues caused by Facebook SDK, a number of popular iOS apps like TikTok became unavailable for users.Facebook‘s developer app also known as Facebook SDK is causing a malfunction in apps like TikTok, Pinterest, Spotify, and other iOS apps that depend on the software’s functionality. The Facebook SDK
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Paul Grewal, a former US magistrate judge in California and Deputy General Counsel for Facebook, is joining crypto exchange Coinbase’s legal team.In a July 8 announcement on the Coinbase blog, the crypto exchange said the addition of Grewal will help “pave the way for the next phase of crypto awareness
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