Companies will commonly split their stock after a strong run-up in price. While it doesn't change any of the underlying fundamentals of the company, it's a strong signal from management that it believes the stock will continue moving higher.
Today, the United States Supreme Court announced its ruling to uphold the TikTok ban. The ruling means that on Sunday, January 19, Apple, Google, and other tech companies will be liable for heavy fines if they continue to host the app on their respective app stores.
With a TikTok ban potentially taking effect in the U.S. on Sunday, analysts at Morgan Stanley said other social media platforms could compete for the roughly $10 billion in ad revenue and 32 billion hours users spend on the app each year.
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to explain why he's buying more Meta.
A new report details how a covert influence operation linked to the Kremlin continued to place ads on Facebook despite U.S. and E.U. prohibitions on doing business with the organization.
“This is truly one of the funniest and most unexpected stories of the young year so far.”
Facebook and Instagram's massive scale make them hard platforms for advertisers to avoid.
Facebook parent Meta assured advertisers this week that its "community notes", similar to that used on Elon Musk-owned social media platform X, will not apply to paid ads when they arrive later this year, the Wall Street Journal reported on Thursday.
A TikTok ban could happen as early as January 19. A ban could mean the migration of users — and billions of ad dollars — to competitors.
Bloomberg News Technology Reporter Kurt Wagner joins Bloomberg Businessweek to discuss Zuckerberg's Renewed Political Thrust Raises Risk -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: Click Here Visit Click Here for business news & analysis, up-to-the-minute market data, features, profiles and more.
Meta plans to cut more low-performing employees, calling the move "non-regrettable attrition." Companies often use euphemistic language for job cuts to avoid alarming investors and employees.
President-elect Donald Trump is reportedly considering issuing an executive order to temporarily block the law that will either ban or force a sale of the app.