Tag Archives: Facebook

Today, more than 60% of global transactions involving Bitcoin have a connection with the gambling industry. One of the main factors that can be used to explain this popularity is the anonymity that crypto offers to the network participants.In a business running on estimation and predictions, observation and critical analysis of trends – of past, present, and future – play the central role. All the profits and losses incurred by its participants depend entirely on this object of detail and...

A billionaire in Qatar named Wissam Al Mana is filing a lawsuit against social media giant Facebook after crypto-based advertisements on its platform used his picture to promote their products.Facebook Heads to Court… AgainAl Mana has filed his suit in a Dublin court, where the European headquarters of Facebook is located. He alleges that Facebook did nothing to prevent the use of his image in phony crypto advertisements. He also says he never gave his permission for his likeness to be...

Amazon stock crashed more than 4% yesterday, causing CEO and founder Jeff Bezos to lose nearly $5 billion of his personal wealth.The effects of the coronavirus outbreak are still being felt all over the world. With each passing day, these effects are worsening and are getting harder to ignore. Stock markets all over the world are taking a plunge and a lot of money is being washed down the drain. This problem has hit the world’s richest man and Amazon.com Inc (NASDAQ: AMZN) CEO Jeff Bezos, who...

As part of a massive market crash on Monday, Big Tech companies ended up losing billions-of-dollars of investors’ wealth. Apple is the most-affected Big Tech company from the Coronavirus outbreak as it largely depends on China for its manufacturing.On Monday, financial markets in the U.S. and across the globe plunged heavily on account of rising coronavirus cases outside China. The fall in the broader markets came after South Korea and Italy reported a sudden splurge in coronavirus cases on...

Facebook (FB) stock lost over 2% of its value on Friday and now its price is also decreasing in the pre-market. However, in the long term, it still looks viable.Facebook Inc. (NASDAQ: FB) stock lost 2% on Friday. Some experts believe that the dip in stock price came as a result of Fakebook’s recent earnings report. However, it’s worth mentioning that there has enough time gone since the moment of publication. But at that analysts are still wondering if the stock will be able to make...

Amazon (AMZN) is not the only stock that went down. Because of coronavirus, China will stop providing necessary physical and virtual services to the U.S. As a result, the market reacts with the overall drop in prices.At the beginning of 2020, e-commerce giant Amazon.com Inc (NASDAQ: AMZN) has been showing not a very impressive performance. Such an outcome results from the company’s stock underperforming significant benchmarks over the previous six months. Until mid-January 2020, Amazon could...

Dow drops 280 points, stocks down thanks to coronavirus panic in the U.S. investors pour cash into treasuries and gold. Market analysts predict corporate and personal income fall in the next months. Favipiravir needs tests to cure coronavirus.Chinese people are fighting the virus in a closed source model and many people keep their concerns regarding the coronavirus spreading. The Dow Jones Industrial Average falls, and experts claim that stagnation is coming.COVID-19 is not as deadly as some...

Facebook’s potential upcoming global cryptocurrency project, Libra, has received positive news from Shopify. The Canadian multinational e-commerce giant announced today that it would join the Libra association to create a safe and accessible payment network.Shopify To Cooperate With LibraAlmost immediately after its announcement in mid-2019, Libra became a target of regulators across the world. While they were clamping down, Facebook’s cryptocurrency project quickly lost steam. Even though...

Sony, Facebook pulled out from the yearly computer games development conference due to coronavirus panic. The Dow and Treasuries drop, attracting investors to aim better at their future plans.On Thursday, the corporations have announced that they won’t attend San Francisco. Industry giants don’t want to participate in the Game Developers Conference during virus uncertainty. As per a scheduled conference in Boston called PAX East, it has a refusal from Facebook Inc. (NASDAQ: FB) to feature...

While Google Cloud is buying Cornerstone Technology and expanding profits, the eyes of investors are aimed at the Alphabet (GOOGL) stock price and tech giant’s financial reports.Google Cloud buys Cornerstone Technology company to boost the development of cloud computing, AI and similar tech. CEO Google Cloud Thomas Kurian is very happy with the announcement, as Microsoft Corporation (NASDAQ: MSFT) and Amazon.com Inc. (NASDAQ: AMZN) kept their upholstered offers ready. Now, Alphabet Inc....