Media/Entertainment
- Finance
Artificial intelligence trader dumps Facebook and bets big on oil
An asset manager whose stocks are picked by artificial intelligence dumped shares in Facebook this month, as it made massive bets on…
Read More » - Market
Snap stock plummets as it blames Apple for sales miss, Facebook and Google also drop
Snap Inc. shares were slammed Thursday, initially plunging more than 25% in extended trading, after the social-media company reported middling…
Read More » - Finance
FCA urges new rules to compel Google, Facebook to urgently tackle online fraud
The Financial Conduct Authority has called on the government to force digital platforms like Google and Facebook to prioritise investment…
Read More » - Market
Why PayPal may be considering a mega-deal for Pinterest
PayPal Holdings Inc.’s quest to become a “super-app” may be kicking into a new gear following reports that the company…
Read More » - Market
Mark Zuckerberg May Be Personally Exposed in Facebook Privacy Lawsuit, Report Says
Mark Zuckerberg Andrew Caballero-Reynolds/AFP/Getty Images Facebook co-founder and CEO Mark Zuckerberg may be personally exposed to financial and other penalties…
Read More » - Market
Facebook plans to soon rebrand with a new name: report
Facebook Inc. may soon have a new name. The Verge reported Tuesday night that Facebook FB, +1.39% plans to change…
Read More » - Market
Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product
Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new…
Read More » - Finance
Ex-Jefferies, Octopus GC looks to shake up legal panel at Reach
The new general counsel of Daily Mirror and Daily Express-owner Reach has launched a review of the company’s legal advisers.…
Read More » - Market
This development may fully reopen the global economy — and the stock market has mostly ignored it
The buzz surrounding the potential for the antiviral drug from Merck & Co. MRK, -0.43% and Ridgeback Biotherapeutics is hot…
Read More » - Market
5 reasons ‘Squid Game’ is dominating memes, streams and Halloween
Note: While this piece avoids specific “Squid Game” plot spoilers, it does give a general overview of the story and…
Read More » - Finance
Lawmakers push Google, Facebook, eBay and Amazon to disclose fees they get to host investment scams
Lawmakers are asking tech giants including Google and Facebook to come clean on how much they are being paid to…
Read More » - Finance
Lawmakers want change at Facebook but it’s easier said than done
US senators seem focused on regulating Facebook to protect its platforms’ youngest users, but there is no clear solution in…
Read More » - Finance
Facebook’s whistleblower says her goal is to save the company
The former Facebook employee who gathered documents that formed the foundation of The Wall Street Journal’s Facebook Files series said…
Read More » - Finance
Facebook investors slam ‘damage it is inflicting on our society’
Investors in Facebook are criticising the company and its management structure amid accusations from a whistleblower that claim the tech…
Read More » - Finance
UK lawmakers probe Facebook over Instagram’s stock picking ‘finfluencers’
Facebook will step in to stop investment scams, but users can freely share advice, tips and knowledge on trading and…
Read More » - Market
Wall Street sees as much as 70% upside for these highly rated energy stocks in rally mode
Some investors might feel guilty about making money on fossil fuels, but the table appears set for more gains in…
Read More » - Market
Here are two large tech stocks to avoid, according to Goldman Sachs
There’s still some opportunity among large-cap internet stocks, but investors should steer clear of two names, according to Goldman Sachs.…
Read More » - Market
Investors who want income need to understand this overlooked stock-market strategy
Interest rates have remained persistently low even as the economy emerges from the pandemic. The yield on 10-year U.S. Treasury…
Read More » - Finance
Tinder’s Jim Lanzone named chief executive at Apollo’s Yahoo
Apollo Global Management is naming Tinder chief executive Jim Lanzone the new CEO of Yahoo, the digital-media business it acquired…
Read More » - Market
Facebook unveils smart glasses in tech’s latest stab at wearable computing
Facebook Inc. has seen the future of computing: Ray-Ban smart glasses with built-in speakers and a microphone for making calls.…
Read More » - Finance
Facebook, Twitter, TikTok need to ‘do the right thing’, says FCA
Tech giants Facebook, Microsoft, Twitter and TikTok need to “do the right thing” when it comes to promotions and advertisements for…
Read More » - Market
Apple to allow media apps to link to outside payment options
Apple Inc. AAPL, +0.45% said it would allow media apps to create in-app links to sign-up pages on those companies’ websites,…
Read More » - Market
30 stocks that shined in the pandemic are still poised for huge growth through 2024
“Sell on the good news.” How many times have you heard that term used? It happens frequently when a company…
Read More » - Finance
Ex-Anchorage hedge fund exec moves to PJT Partners
Investment bank PJT Partners has hired the former US head of restructuring at hedge fund Anchorage Capital Group as a…
Read More » - Market
In new Facebook antitrust push, FTC says social network ‘illegally bought or buried’ potential rivals
The Federal Trade Commission filed a new version of its antitrust lawsuit against Facebook Inc. on Thursday, targeting its acquisitions…
Read More » - Finance
BuzzFeed planned a Spac but collided with NBCUniversal — here’s what happened
As BuzzFeed was exploring plans to go public earlier this year, it ran into a problem: Executives at the digital-media…
Read More » - Market
Warren Buffett bucks Wall Street with Kroger stock pick
When investors think about the supermarket industry, dynamic growth probably doesn’t come to mind. But Berkshire Hathaway CEO Warren Buffett…
Read More » - Finance
Fidelity on TikTok shows fierce battle for Gen-Z investors
Mutual funds are kind of like burritos. That’s what Fidelity Investments says in a video on TikTok anyway. The giant…
Read More » - Finance
Goldman joins Bloomberg, Centerbridge in push to diversify Wall street
Bloomberg, Centerbridge Partners and Goldman Sachs are funding a new programme to train, mentor and hire students for careers in…
Read More » - Finance
EU rules seeking to prevent greenwashing require fund managers to rank ESG
The European Union’s new regulation aimed at preventing “greenwashing” requires fund managers to categorise funds based on their environmental, social…
Read More » - Market
CDC expected to reverse policy on face masks later Tuesday, amid reports of breakthrough infections with delta variant of COVID-19
Reports of breakthrough infections with the delta variant of the coronavirus-borne illness COVID-19 in Americans who are fully vaccinated has…
Read More » - Finance
Bill Ackman gets bullish on music streaming
Hedge-fund billionaire William Ackman says music comes just under food and water in the hierarchy of needs, but music is…
Read More » - Finance
The inside track on Credit Suisse’s $5.5bn Archegos fallout
In mid-March, shares in ViacomCBS and Discovery rocketed skyward. That was great news for Bill Hwang. His firm, Archegos Capital…
Read More »
