Tag: social media platforms

A benchmark-beating robot thinks AMC will outperform Facebook and GameStop. It likes these other stocks, too.

An exchange-traded fund run by artificial intelligence bought AMC stock at the beginning of July, preferring shares in the cinema chain and retail investor favorite over the likes of Facebook or Walmart. The Qraft AI-Enhanced U.S. Large Cap Momentum ETF, trading as AMOM AMOM, -0.78% on the New York Stock Exchange, removed some major technology […]

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Facebook to expand work-from-home eligibility as offices look to reopen

Facebook Inc. is giving most of its employees a choice: Seek permission to keep working at home or go to the office at least half the time. The social-media giant told its roughly 60,000 employees Wednesday that it will expand remote-work eligibility to all levels of the company, including early-career employees and entry-level engineers. Facebook FB, -1.03% […]

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Facebook faces suspension of data transfers in Europe

Ireland’s High Court on Friday allowed the country’s Data Protection Commission to continue with a procedure that could lead to a ban of Facebook’s data transfers from the European Union to the U.S. The DPC issued a provisional order last year saying that the mechanism Facebook FB, +2.68% uses for data transfers from Europe to […]

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Twitter stock sinks as revenue, earnings beat but user numbers miss expectations

Twitter Inc. on Thursday reported increased quarterly revenue on the strength of ad sales, but its user numbers fell short of expectations. The San Francisco-based company said its average monetizable daily active users increased 20% year over year to 199 million, but analysts had expected that number to grow to 200 million. Twitter TWTR, -0.93% […]

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