Social media industry

FILE- In this March 5, 2019, file photo trader Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 15. (AP Photo/Richard Drew, File)
March 15, 2019 - 12:03 pm
NEW YORK (AP) — U.S. stocks moved broadly higher in midday trading on Wall Street Friday, putting the market on track for a strong finish to the week. The market is trying to erase last week's sharp drop, which marked the worst week of the year. Othewise, it's been a strong showing for stocks so...
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FILE- In this March 11, 2019, file photo trader John Panin, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, March 14. (AP Photo/Richard Drew, File)
March 14, 2019 - 3:28 pm
U.S. stock indexes edged mostly lower in late-afternoon trading Thursday as the market's three-day winning streak stalled. Losses in health care, communications, industrials and other sectors outweighed gains in technology and financial stocks. Bristol-Myers Squibb lost 3.1 percent, Take-Two...
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In this April 11, 2018, photo, Facebook CEO Mark Zuckerberg listens to a question as he testifies before a House Energy and Commerce hearing on Capitol Hill in Washington, about the use of Facebook data to target American voters in the 2016 election and data privacy. Zuckerberg said Facebook will start to emphasize new privacy-shielding messaging services, a shift apparently intended to blunt both criticism of the company's data handling and potential antitrust action. (AP Photo/Andrew Harnik)
March 07, 2019 - 12:28 pm
LONDON (AP) — Facebook CEO Mark Zuckerberg is taking the social media company in a new direction by focusing on messaging. Chinese tech giant Tencent got there years ago with its app WeChat. Zuckerberg outlined his vision to give people ways to communicate privately, by stitching together Facebook'...
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This image provided by the Chicago Police Department and taken from surveillance video shows two people of interest in an attack on "Empire" actor Jussie Smollett walking along a street in the Streeterville neighborhood of Chicago, early Tuesday, Jan. 29, 2019. (Courtesy of Chicago Police Department via AP)
February 21, 2019 - 8:01 pm
CHICAGO (AP) — Two brothers who told police that Jussie Smollett paid them $3,500 to help stage an attack on himself were linked to the actor through the "Empire" television series, and court documents filed Thursday allege one of the men provided Smollett with designer drugs. Smollett appeared in...
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February 12, 2019 - 1:37 am
SAN FRANCISCO (AP) — Social media service Reddit Inc. says it has raised $300 million in a financing round led by Chinese internet giant Tencent. Reddit's CEO, Steve Huffman, told CNBC on Monday that values the privately held company at $3 billion. Half the new money came from Tencent, Asia's most...
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FILE - This Feb. 19, 2014, file photo shows the Facebook app icon on an iPhone in New York. Facebook says Apple is restoring a key development tool that the iPhone maker disabled Wednesday, Jan. 31, 2019. Apple's earlier move followed disclosure of a Facebook program that paid users, including teens, to download a "research" app that could extensively track peoples' app and internet usage. (AP Photo/Karly Domb Sadof, File)
January 31, 2019 - 9:52 pm
NEW YORK (AP) — Facebook says Apple is restoring its access to a key development tool that the iPhone maker disabled Wednesday. Late Tuesday, TechCrunch reported that Facebook paid teens and other users who agreed to download an app called Facebook Research. That app could extensively track their...
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FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square. Facebook says it's tightening up requirements for European Union political ads ahead of bloc-wide elections scheduled for May. It's part of the company's latest efforts to fight misinformation on its platforms. The social media giant said Monday, Jan. 28, 2019 that political ad buyers will need to have their identities confirmed before placing ads, which will also be entered into a public archive. (AP Photo/Richard Drew, File)
January 28, 2019 - 12:11 pm
LONDON (AP) — Facebook said Monday it is tightening requirements for political ads in the European Union ahead of bloc-wide elections scheduled for the spring, its latest effort to fight misinformation and increase transparency on its platforms. The social media giant said that starting in late...
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FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Consumer advocates and the data-hungry technology industry are drawing early battle lines in advance of an expected fight over a national privacy law. Privacy organizations on Thursday, Jan. 17, 2019, suggested sidelining the Federal Trade Commission with a new data-protection agency empowered to police U.S. industry. (AP Photo/Alex Brandon, File)
January 17, 2019 - 12:25 am
Consumer advocates and the data-hungry technology industry are drawing early battle lines in advance of an expected fight this year over what kind of federal privacy law the U.S. should have. On Thursday, more than a dozen privacy organizations unveiled a plan that would create a new federal data-...
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FILE - This Jan. 17, 2017, file photo shows a Facebook logo displayed in a start-up companies gathering at Paris' Station F in Paris. Facebook says it is investing $300 million over the next three years in local news programs, partnerships and other initiatives. The cash investment includes reporting grants for local newsrooms and investing in nonprofits aimed at helping support local news. (AP Photo/Thibault Camus, File)
January 15, 2019 - 6:24 am
NEW YORK (AP) — Facebook says it is investing $300 million over the next three years in local news programs, partnerships and other initiatives. The money will go toward reporting grants for local newsrooms, expanding Facebook's program to help local newsrooms with subscription business models and...
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FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens in New York's Times Square. Facebook is defending itself against allegations that it allows illegal content in violation of Vietnam’s cybersecurity law. The social media giant said Wednesday that it had a clear process for reporting and handling content that violates laws. AP Photo/Richard Drew, File)
January 09, 2019 - 4:21 am
HANOI, Vietnam (AP) — Facebook was defending itself Wednesday against allegations that it allows illegal content in violation of Vietnam's new cybersecurity law. The social media giant said it has restricted illegal content and is in discussions with the government. "We have a clear process for...
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