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Easing Trade Tensions Portend Steady Stock Markets

Easing Trade Tensions Portend Steady Stock Markets

Easing trade tensions between China and the United States mean US stocks can only go up on May 14. Futures predicted a 0.2 percent opening gain for S&P 500. The Dow Jones Industrial Average or DJIS may go up by 0.3 percent. The Stoxx Europe 600 ..

New York Times Company Tops on Q1 Earnings

New York Times Company Tops on Q1 Earnings

The New York Times Company (NYSE: NYT) released its first-quarter financial results on Thursday, with both earnings and revenue surpassed estimates.The company reported total revenue for the first quarter to be $413.95 million, which increased 3.8% ..

Facebook Endorses the Honest Ads Act

Facebook Endorses the Honest Ads Act

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg announced Friday that he endorses a legislation to regulate political advertisements across the internet. According to Reuters, the law proposed, the Honest Ads Act, would require digital platforms wit..

Snap Inc to Cut Around 100 Workers in the Second Round of Layoffs

Snap Inc to Cut Around 100 Workers in the Second Round of Layoffs

On Thursday, Snap Inc (NYSE: SNAP), which operates the Snapchat app, said that it will cut around 100 workers in the second round of layoffs. This move is the company’s latest step to restructure the company after aggressive hiring in the past..

Acxiom shares Plummet After Facebook Ends Partnership

Acxiom shares Plummet After Facebook Ends Partnership

Acxiom Corporation (NASDAQ: ACXM) announced on Wednesday that it was informed by Facebook Inc. (NASDAQ: FB) that their partnership will be terminated due to the recent privacy scandal matter. Acxiom shares plummeted by 32 percent on Thursday.Faceboo..

Facebook Opens Lower on Reports of FTC Probe

Facebook Opens Lower on Reports of FTC Probe

The U.S. Federal Trade Commission is launching a probe against Facebook Inc. (NASDAQ: FB) to check if the social media giant violated terms of a consent decree regarding personal data back in 2011, according to Bloomberg, citing a source familiar wi..

Facebook Stock Down After Details on Cambridge Analytica Scandal are Revealed

Facebook Stock Down After Details on Cambridge Analytica Scandal are Revealed

The scandal of Cambridge Analytica, which has been developing over the weekend, has taking its toll on Facebook Inc (NASDAQ: FB) stock, as it has dropped more than 7% on Monday. Cambridge Analytica, a company specializes in data mining and data anal..