Tag: corporate

EBay earnings beat expectations, but forecast underwhelms

EBay Inc. exceeded expectations with its financial results Wednesday but its shares fell 5.3% in after-hours trading after the company’s forecast for the holiday period came up short. The e-commerce company posted third-quarter income from continuing operations of $283 million, or 43 cents a share, down from $605 million, or 86 cents a share, in […]

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U.S. regulators probing whether Facebook violated a 2019 settlement over privacy concerns

WASHINGTON—Federal Trade Commission staffers have begun looking into disclosures that Facebook Inc.’s  FB, -3.92%  internal company research had identified ill effects from its products, according to people familiar with the matter. Officials are looking into whether Facebook research documents indicate that it might have violated a 2019 settlement with the agency over privacy concerns, for which the […]

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