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Big Investors Raise Stakes in Snap Inc.

Big Investors Raise Stakes in Snap Inc.

Firms such as Fidelity Investments and Coatue Management LLC have increased their stakes in Snap Inc. (NYSE: SNAP) third quarter following the company’s disappointing results. Fidelity’s companies held 11 million more Snap shares th..

Facebook shares open strong ahead of Q3 earnings

Facebook shares open strong ahead of Q3 earnings

Facebook Inc. (NASDAQ: FB) is expected to report its third quarter earnings for the 2017 fiscal year after market close on Wednesday. Shares opened strong on Wednesday morning and peaked at 1.3 percent.The social media tech giant is expected to..

CEO exit cramps SoFi plans for Banking Operations

CEO exit cramps SoFi plans for Banking Operations

Social Finance Inc was all set to make waves in the financial services segment and then its CEO Mike Cagney stepped down from his post. It was expected that the company would soon become a significant lender right until the time when Cagney decided ..

Twitter to Test 280 Characters Tweet

Twitter to Test 280 Characters Tweet

Twitter Inc (NYSE: TWTR) on Wednesday announced to expand the length of a tweet to 280 characters from 140 characters, a move that aims to attract more users.The social media company said in a blog post that the new feature will start with &ldq..

Facebook Cracking Down on Who Can Cash in on Their Ads

Facebook Cracking Down on Who Can Cash in on Their Ads

Facebook Inc (NASDAQ: FB) has been tightening their rules on who can make money from advertising on their network due to specific content. The company as well as Alphabet Inc. (NASDAQ: GOOGL) Google accounts for about 2/5 of internet advertising whi..

Facebook Fined $1.4 Million for Collecting Personal Information in Spain

Facebook Fined $1.4 Million for Collecting Personal Information in Spain

Facebook Inc (NASDAQ: FB) has been fined $1.4 million for allegedly collecting personal information from users in Spain that was probably used for advertising. Similar cases were also found in other countries such as Germany, France, Belgium, and th..

Uber Will No Longer Track Your Location After Ride is Over

Uber Will No Longer Track Your Location After Ride is Over

Uber is aiming to end tracking riders for 5 minutes after their trip ends as they try to repair their privacy reputation. The company has been criticized by users and privacy advocates when they announced last year that they would collect location d..