‘Yes or no?’: Congress Fumes Over Big Tech’s Answers On Misinformation
Jack Dorsey, chief executive officer of Twitter, speaks virtually during a House Energy and Commerce Subcommittees hearing - seen on a tablet.CREDIT:BLOOMBERG
Tags: Social Media
Amazon’s Social Media Team Bares Its Teeth In Washington
WASHINGTON (Reuters) - Amazon.com (NASDAQ:AMZN)'s social media team bared its teeth this week to go after two big critics in Congress: Senators Bernie Sanders and Elizabeth Warren.
NXP Semiconductors, Penn National Gaming Joining S&P 500
S&P Dow Jones Indices announced changes to the S&P 500 index after the bell Friday that will see four companies added and four others removed from the benchmark, effective March…
Reddit Plays Soar As Earnings Give Fundamental Boost To Rallies
Earnings for a handful of meme stocks are delivering a fundamental boost to companies that have been riding the wave of Reddit-inspired retail trading.
China Appears To Ban ‘Stock Market’ From Social Media Search Following Plunge
China’s stock rout turned so extreme that state-backed funds intervened to calm the market on Tuesday, but authorities appeared to make it somewhat difficult to find out what happened on…
China’s GDP ‘Paradox’: Why Young Chinese Despair About Future Prospects Despite Rapid Economic Growth
Young Chinese are using social media platforms like Bilibili to voice despair over rising house prices, widening inequality and the price of everyday goods.
‘I Am Not A Cat … I Am Not A Hedge Fund’: Trader Roaring Kitty Tells Congress
Key players in stock mania surrounding the video game retailer GameStop will attend a virtual congressional hearing.
GameStop Trades And Meme Investing Make Stocks A Ponzi Scheme That Hurts The Little Guy
Sticking it to the man is a good rallying cry, and it was satisfying to see hedge funds lose billions. But in the end the little guy is going to…
Sports Gambling Sites Crash During Super Bowl Amid Surging Demand
FanDuel, DraftKings, Penn’s Barstool App and BetMGM all experienced technical issues just before and during the Super Bowl.
Elon Musk Boosts The Wrong “Signal” To Investors
A vaguely worded tweet from billionaire Elon Musk has caused the share price of a virtually unknown company to skyrocket.