The Federal Trade Commission is opening an investigation into the Cambridge Analytica scandal as Facebook executives are expected to face tough questions on Capitol Hill.
ABC News · 2mon
Facebook’s stock price fell deeper Tuesday after reports of expanding U.S. and U.K. probes into its role in the unauthorized use of personal information by a Trump-connected data firm. The social media company has been under fire since The New York ...
The Hill · 2mon
Like most of the world’s richest people, Mark Zuckerberg’s net worth is determined largely by the rise and fall of the stock market. In particular, Zuckerberg’s wealth is based on the performance of Facebook shares. Early on Monday, the company’s ...
Time · 2mon
Facebook Inc.'s stock tumbled Monday after the social media company accused a data analytics firm used by the Trump campaign of exploiting ill-gotten data belonging to unwitting Facebook users. Shares of Facebook sank 6.7% to $172.69 around 9:50 a.m ...
Facebook’s stock rose roughly 4 percent halfway through CEO Mark Zuckerberg’s Senate hearing Tuesday afternoon. The tech giant’s market valuation has taken a big hit in recent weeks due to a number of recent events and purported revelations that ...
While investors were mesmerized by Mark Zuckerberg’s testimony to two Senate committees, the market rally held up very nicely. Facebook (FB) shares rallied 4.5%, but there were other tech names making even bigger moves as investors finally pounced on ...
Facebook’s stock had its best day in nearly two years as CEO Mark Zuckerberg weathered a grilling on Capitol Hill. Shares of the company climbed 4.5 percent Tuesday, to $165.04, as the 33-year-old Facebook founder appeared before the Senate Judiciary and ...
New York Post · 1mon
Facebook’s stock was down by almost seven percent yesterday as the company faces a scandal relating to the use of user data. MarketWatch reports that Facebook’s stock declined as U.S. and British lawmakers attacked the social media firm for failing ...
Shares of Facebook (FB) plunged Monday to a 6.77 percent loss. The company’s value suffered as a result of reports over the weekend that the company shared personal information of users with a political analytics company. Facebook’s stock …
So who doesn’t want to get in the face of Facebook Chief Executive Mark Zuckerberg? By the close of business on Monday, federal regulators said they had opened a probe of the social network, more than three dozen state attorneys general had sent ...
New York Post · 1mon