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Related Special Reports
...The Apple car joins Facebook’s phone, Microsoft’s fitness tracker and Amazon’s second headquarters as a dashed company dream that will not be missed....
...Facebook shares jumped after a record-breaking $5bn fine from US regulators in 2019. Alibaba shares rose after Chinese regulators fined Ant Group....
...The move by the San Francisco-based group comes after Facebook parent Meta announced its debut dividend earlier this month, triggering a record leap in its stock price, while home rental site Airbnb expanded...
...The push meant TikTok’s European workforce rose more than 1,000 in 2020, when the company’s turnover in the region grew 545 per cent to $170.8mn....
...Lastly, Meta — the company formerly known as Facebook. Its share price is up 162 per cent this year....
...Shares in Twitter rose about 1 per cent to $49.05 in early trading, below the $54.20 per share price at which Musk has agreed to buy the company. 3....
...For Twitter, ad sales rose 41 per cent last quarter....
...For CNAS, the figure rose from at least $250,000 to at least $350,000 over the same period....
...This rose to close to 40 per cent when including newspapers’ online platforms....
...Facebook parent Meta, which reports on Wednesday, rose more than 2 per cent after Google’s earnings pointed to a recovery in digital advertising....
...Vietnam has previously forced other tech giants such as Google and Facebook to make concessions. That month, TikTok’s sales were much softer, according to Cube Asia data....
...Apple stock rose to an all-time high on Monday in the run-up to a presentation of its most important product in more than a decade: a “mixed-reality” headset, seven years in the making, that will provide...
...Earlier this week, after showing proper contrition and announcing a $40bn stock buyback, shares rose by more than a fifth. They are up nearly 60 per cent for the year....
...Facebook’s digital currency. Green Book’s Oscar for best picture. Abiy Ahmed’s Nobel Peace Prize. Boris Johnson. Lex Greensill. Baby Yoda. Etc....
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...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...Facebook parent Meta and Google parent Alphabet dropped 5 and 3 per cent, respectively, while smaller social media rival Pinterest fell more than 7 per cent on the news....
...In Alphabet’s last report costs and expenses (people) rose nearly 18 per cent, while revenues rose 6 per cent....
...Most analysts and many investors seem to have assumed it was only an issue for spivvier social media companies, not Google and Facebook....
...Alphabet’s share price rose almost 2 per cent to $97.46 by midday in New York on Tuesday. Its shares have fallen by a third this year....
...Across the company, R&D costs rose 48 per cent. The problem is that the advertising business funding this transformation is downbeat....
...As rate expectations rose, Big Tech fell 27 per cent from the peak to today, against 19 per cent for the S&P. But note how trivial the recent weakness in Big Tech looks compared to its ascent....
...At Meta, capex rose 68 per cent in the first nine months of this year to $22.8bn, while at Alphabet it climbed 31 per cent to $23.9bn....
...Facebook and other tech employers have also scaled back hiring plans....
...Daily active users rose 18 per cent to 347mn in the quarter, it said....
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