INDICES
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Facebook ‘Embeds’ Advised Trump’s Campaign, Digital Director Says
EghtesadOnline: Facebook Inc.’s platform was a crucial messaging tool for President Donald Trump’s 2016 campaign, according to the campaign’s digital director -- who told CBS’s “60 Minutes” that he hand-picked pro-Trump “embeds” from the company to help him use the platform in targeted ways.
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Facebook to Be Called Before Senate Panel on Russian Meddling
EghtesadOnline: The Senate Intelligence Committee expects representatives of Facebook Inc. to testify at a public hearing examining Russia’s use of social media to influence last year’s U.S. presidential election.
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S&P 500 slips as Hurricane Irma nears Florida; tech falls
EghtesadOnline: The S&P 500 ended slightly lower on Friday as investors braced for potential damage from Hurricane Irma as it drove toward Florida, while a decline in big tech names like Apple and Facebook pushed the Nasdaq down more sharply.
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Facebook Offers Hundreds of Millions of Dollars for Music Rights
EghtesadOnline: Facebook Inc. is offering major record labels and music publishers hundreds of millions of dollars so the users of its social network can legally include songs in videos they upload, according to people familiar with the matter.
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Facebook's 21-Year-Old Wunderkind Leaves for Google
EghtesadOnline: Facebook Inc. hired Michael Sayman for an internship when he was 17 years old, and gave him a full-time engineering job at 18. Now, the wunderkind is leaving for Alphabet Inc.’s Google. He turned 21 last week.
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Facebook Usage Among Teens Set to Drop in U.S., EMarketer Says
EghtesadOnline: Facebook Inc. is lucky it owns Instagram. This year, the world’s largest social network will see a decline among teen users in the U.S., according to a forecast by EMarketer. It’s the first time the research company has predicted a fall in Facebook usage for any age group.
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Facebook Quietly Launches an App in China, But With a Different Name
EghtesadOnline: Facebook Inc. has found a new way to enter China: secretly launching an app under a different name.
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Facebook Automates Effort to Flag 'Fake News' for Fact Checking
EghtesadOnline: Facebook Inc. is taking a more aggressive step to thwart the spread of fake news on its platform.
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Facebook Is Working on a Video Chat Device
EghtesadOnline: Facebook Inc. is working on a video chat device for the home -- the first major hardware product from its experimental Building 8 lab.
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Google, Facebook show power of ad duopoly as rivals stumble
EghtesadOnline: Quarterly results from Alphabet Inc and Facebook Inc provided fresh evidence this week that the digital advertising market is effectively a duopoly, a dynamic with deep implications for two of Silicon Valley's titans.