Tag Archives: Social Media

Zoom (ZM) stock price is down around 6% after several privacy issues are discovered. The video conferencing company has faced a lawsuit in California and an investigation by the New York Attorney General.Zoom Video Communications (NASDAQ: ZM) stock price is down 5.88% at the time of writing. Now it is trading at $137.52. Sources say that the popular video conferencing company’s shares fell as a result of concerns about alleged sales of customers data. The company is alleged to have shared...

Because of COVID-19, consumer demand for advertising (30% to 45% of Facebook’s total revenue) has fallen. Facebook (FB) stock has also suffered. Today, it has opened at $158.92.Facebook Inc (NASDAQ: FB) stock is suffering as the coronavirus continues its spread and badly affects the market. On Tuesday, the Facebook stock closed at $161.23 and further dropped in the after-hours sales. Today, it has opened at $158.92 but already tanked by 3.33%. At the moment of writing, the Facebook stock...

Currently, Google is working on a website devoted to COVID-19. Serving an informative function, the website will also remove fake information about the virus on YouTube, Google Maps, Google developer platforms, and across ads.Last Friday, the U.S. President Donald Trump revealed that Google is currently working on the screening website that addresses COVID-19 education, treatment and prevention, and local resources across the nation. According to Trump, 1,700 engineers under the tenure of...

While Facebook (FB) stock is experiencing not the best times, the company takes contingent plans for the future by adding two female board members.Facebook Inc (NASDAQ: FB) stock fell 6.40% on Monday drastically ending the hopes of recovering any time soon. The stock traded below $170 for the first time since the calendar flipped, and retested September 2019 strong support level. However, it did not respect the level as it has continued to show signs of falling further in the near future. The...

Facebook (FB) stock has negatively reacted to the current situation in the U.S. caused by the coronavirus outbreak and all the related risks.Facebook Inc (NASDAQ: FB) stock has dipped 3.45% in the premarket to trade below $190 price level as the company is advising its employees from the greater Bay Area to stay at home due to fears of coronavirus spread in the locality. The instructions to cancel any work trip will affect its California headquarters and also it’s Menlo Park.This a huge blow...

Facebook has announced that one of its contractors is infected with the coronavirus. Though FB stock gained yesterday, it is falling in the premarket.Facebook Inc (NASDAQ: FB) reported that their worker, from Seattle headquarters, has been diagnosed with the coronavirus. This is the first known infection inside the company. Meanwhile, Facebook (FB) stock is not going to lose its positions, though in teh premarket it is down.The employee has been in Facebook’s Stadium East office in Seattle on...

Facebook has changed plans for crypto and has decided to develop and issue multiple digital fiat-pegged assets in addition to Libra.Facebook Inc (NASDAQ: FB) has had a rough time with regulatory authorities and the U.S. government since it announced plans for a digital currency. When Facebook unveiled plans for the Libra, it probably did not expect the amount of backlash it got in response. Many institutions were worried about the power the Facebook company has and how it could affect how...

Facebook will provide free advertisements to the World Health Organization as it seeks to ensure users are not misinformed about the coronavirus. FB stock was down yesterday but started to grow in the premarket.As the coronavirus spreads on a pace nobody even could imagine (94,192 infected, 3,219 dead), more and more companies are joining forces to help prevent further damage. Among them is one of the widest spread social media in the world – Facebook Inc (NASDAQ: FB).Yesterday FB lost over...

Uhive, a new upcoming social media company, allows users to connect and share content with their family and friends publicly or anonymously to create its own cryptocurrency.Blockchain technology and cryptocurrency at large have been huge game-changers for the global economy over the past ten years. Social media companies have not been ignoring this, and many have adopted tokenization to move forward their main agenda, gain popularity, increase their customer base, and also monetize their...

The recent analysis has shown that such a factor as a number of mentions on Twitter has a great influence on the price of XRP.Crypto Twitter has done it again, this time XRP is the focus. Recent findings suggest that the guys ( and gals) who make up ”crypto Twitter” have been doing their thing again. They have reportedly influenced the last bull run that XRP went through. As of today though, XRP is currently at $0.23. This is a far cry from the ten-cent rise (to $0.33) last month. This also...