Facebook (FB) is set to appear before a powerful group of UK lawmakers to answer questions about fake news and obscene images of children on its site.
After starting the week on a stable note, the S&P 500 fell on Tuesday. The lower risk appetite increased the demand for safe-haven assets.
After rising higher on Tuesday, China’s Shanghai Composite Index pulled back on April 12. The market sentiment is weak due to geopolitical concerns.
After a volatile day on Wednesday, the S&P 500 regained some strength on April 6. It bounced back from its 50-day moving average and closed positive.
The United Kingdom’s FTSE 100 index is stable in the morning session on Friday. It opened the day lower amid the US attack on a Syrian airfield.
After gaining for four consecutive trading days, China’s Shanghai Composite Index rose and closed this week at the highest close since January 6, 2016.
Some believe Snap has created a stock structure that gives too much control to co-founders Evan Spiegel and Robert Murphy.
The upcoming meeting between President Trump and Chinese President Xi Jinping took the risk appetite out of the market and weighed on the Hang Seng Index.
Samsung is already struggling to redeem its image and regain lost share of the smartphone market.
PayPal (PYPL) recently participated in a funding round that raised $48.0 million for Viva Republic, the parent of Toss, the South Korean payment app.
In seeking to penetrate India’s digital market, Microsoft (MSFT) appears to be borrowing a page from Facebook (FB) on how to persuade Indian consumers.
Salesforce (CRM) continues to behave in ways that may be worrying for its rivals such as Microsoft (MSFT), Adobe (ADBE), Oracle (ORCL), and SAP SE (SAP).
Brazil’s cloud computing revenue is expected to be $1.1 billion by the end of 2017, a sharp rise compared to $217 million in 2012, according to consulting company Frost & Sullivan.
Alibaba (BABA) recently upped its stake in Paytm e-commerce in an escalating competition with Amazon (AMZN) for control of India’s e-commerce industry.
JD.com recently moved to exit the digital payments business by divesting its stake in JD Finance, its payments unit.
Alibaba’s (BABA) war on fake goods on its marketplaces has been widely criticized as being weak or lacking direction.
Alibaba (BABA) can’t allow e-commerce rivals to eat away at its market share in China, because China is its largest revenue contributor.
Alibaba (BABA) hasn’t had peace since December 2016 when the US government blacklisted its Taobao marketplace for allegedly selling counterfeit goods.
Facebook’s (FB) practice of moving data between Europe and the United States is being tested, and there are looming risks.
Facebook (FB) recently said that it had come up with a tool that would reinforce its fight against discriminatory advertisements on its site.