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Posts Tagged ‘Social Media’

Snap Shares Plummet to All-Time Low as Traders Reach to Earnings

Shares of Snap Inc. hit an all-time low after Wall Street processed the company’s third quarter financial results. It was another quarter with a decrease in daily active users which had traders very concerned. Especially as Snap said the decrease was expected to continue. Shares tanked over 12% in after-hours trading when the company reported…

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Highlights from Facebook’s Earnings Report

Facebook on tablet

Earnings season is here, and it’s teeing up to be a very interesting one to say the least.  On Tuesday the 30th, Facebook Inc. (NASDAQ:FB) had their 3rd quarter earnings conference call, going over some important figures for the previous months.  The overall theme of the earnings report shows a decrease in revenue growth and…

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Facebook Ends Block on Marijuana Related Search Results

As Canada gears up for legal recreational marijuana sales, Facebook is also making a bold move ahead of this historical event. The social media company has filtered out searches in the pat year of marijuana, due to the site being used for selling marijuana. As this violated the company’s policies, Facebook started to “shadow ban”…

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A Security Breach at Facebook Has Affected up to 50 Million Users

Facebook has recently discovered a security issue that may have compromised up to 50 million accounts on its platform. The social media giant had discovered a breach that let hackers control the accounts of millions of users. “This is a very serious security issue, and we’re taking it very seriously,” said CEO Mark Zuckerberg to…

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Twitter Announces Major Deals with Media and Entertainment Companies

Social media company Twitter has announced that it has struck new deals with media and entertainment companies to bring in more sports and entertainment videos. The deals will bring in “hundreds of hours” of live-streaming and video highlights with some partners being Sony Music, VICE, and FOX Sports Asia. Twitter said in a statement that…

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