1. Show article details.

    Facebook asks employees to preserve internal documents for legal inquiries

    Reuters – 3:36 PM ET 10/27/2021

    - Facebook Inc (FB) has told its employees to preserve all internal documents and communications for legal reasons, as governments and regulators have started inquiries into its operation. The increased scrutiny comes after former Facebook employee and whistleblower Frances Haugen leaked documents which she said showed the company chose profit over user safety.

  2. Show article details.

    Facebook asks employees to preserve internal documents for legal inquiries

    Reuters – 3:32 PM ET 10/27/2021

    Facebook Inc (FB) has told its employees to preserve all internal documents and communications for legal reasons, as governments and regulators have started inquiries into its operation. The increased scrutiny comes after former Facebook employee and whistleblower Frances Haugen leaked documents which she said showed the company chose profit over user safety.

  3. Show article details.

    BRIEF-On Tuesday, Facebook Sent Legal Hold Notice To All Personnel- Facebook Spokesperson

    Reuters – 3:22 PM ET 10/27/2021

    Facebook Spokesperson: * ON TUESDAY, FACEBOOK SENT LEGAL HOLD NOTICE TO ALL PERSONNEL- FACEBOOK SPOKESPERSON. * DOCUMENT PRESERVATION REQUESTS ARE PART OF THE PROCESS OF RESPONDING TO LEGAL INQUIRIES - FACEBOOK SPOKESPERSON Further company coverage:

  4. Show article details.

    BRIEF-Facebook Tells Employees To Preserve All Communications For Legal Reasons - NYT

    Reuters – 2:48 PM ET 10/27/2021

    * FACEBOOK TELLS EMPLOYEES TO PRESERVE ALL COMMUNICATIONS FOR LEGAL REASONS - NYT Source text : [ID:https://nyti.ms/3pHbFam] Further company coverage:

  5. Show article details.

    U.S. senators call for passing laws to protect online privacy for kids

    Reuters – 2:06 PM ET 10/27/2021

    Two Democratic senators called Wednesday for two bills to be voted into law that will limit what children are shown online and how their data can be used for advertising by Big Tech companies like Google's YouTube and Facebook.

  6. Show article details.

    Trump loses bid to keep lawsuit against Twitter in Florida

    Reuters – 11:26 AM ET 10/27/2021

    Former U.S. President Donald Trump cannot fight his suspension from Twitter in a Florida federal court, but instead must abide by the social media company's terms of service and sue in California, following a judge's ruling.

  7. Show article details.

    Amazon seen triumphing over Apple privacy changes in digital ad business

    Reuters – 8:43 AM ET 10/27/2021

    - Amazon.com (AMZN) is expected to emerge as a winner in the digital advertising arena, surviving Apple's (AAPL) privacy changes better than rivals Facebook (FB) and Snap. The ecommerce giant's vast trove of customer shopping data reduces its reliance on tracking info once provided by Apple's (AAPL) iOS mobile operating system.

  8. Show article details.

    Amazon seen triumphing over Apple privacy changes in digital ad business

    Reuters – 8:39 AM ET 10/27/2021

    Amazon.com (AMZN) is expected to emerge as a winner in the digital advertising arena, surviving Apple's (AAPL) privacy changes better than rivals Facebook (FB) and Snap. The ecommerce giant's vast trove of customer shopping data reduces its reliance on tracking info once provided by Apple's (AAPL) iOS mobile operating system.

  9. Show article details.

    Ant Group-backed Paytm revises IPO target to $2.44 bln

    Reuters – 8:27 AM ET 10/27/2021

    Paytm, the Indian digital payments leader backed by Jack Ma's Ant Group, has raised https://www.axiscapital.co.in/uploads/equity_documents/20211027172254_one_97_communications_ltd__rhp.pdf its public issue size to 183 billion rupees from 166 billion rupees, according to its preliminary registration document filed with the market regulator.

  10. Show article details.

    U.S Federal Trade Commission examining Facebook disclosures - WSJ

    Reuters – 6:00 AM ET 10/27/2021

    The U.S Federal Trade Commission has started looking into disclosures that Facebook Inc's (FB) internal company research had identified ill effects from its products, the Wall Street Journal reported https://www.wsj.com/articles/facebook-ftc-privacy-kids-11635289993?mod=latest_headlines on Wednesday, citing people familiar with the matter.

  11. Show article details.

    U.S Federal Trade Commission examining Facebook disclosures - WSJ

    Reuters – 5:48 AM ET 10/27/2021

    - The U.S Federal Trade Commission has started looking into disclosures that Facebook Inc's (FB) internal company research had identified ill effects from its products, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

  12. Show article details.

    U.S regulators examining Facebook's disclosures - WSJ

    Reuters – 5:42 AM ET 10/27/2021

    The U.S Federal Trade Commission has started looking into disclosures that social media giant Facebook Inc's (FB) internal company research had identified ill effects from its products, the Wall Street Journal reported https://www.wsj.com/articles/facebook-ftc-privacy-kids-11635289993?mod=latest_headlines on Wednesday. Facebook (FB) did not immediately respond to a Reuters request for comment.

  13. Show article details.

    BRIEF-Federal Trade Commission Scrutinizing Facebook Disclosures, Sources Say-WSJ

    Reuters – 5:35 AM ET 10/27/2021

    * FEDERAL TRADE COMMISSION SCRUTINIZING FACEBOOK DISCLOSURES, SOURCES SAY-WSJ.

  14. Show article details.

    GLOBAL MARKETS-Short-term yields leap with inflation, China tech drops

    Reuters – 1:37 AM ET 10/27/2021

    * Aussie core inflation hits six-year high. * U.S. 2-year yields hit 19-month high. * Tech selling in HK drags Asian shares a bit lower. By Tom Westbrook. Asian stocks slipped on Wednesday with new regulatory worries sparking the steepest sell-off in seven weeks for Chinese tech shares, while short-term Treasury yields spiked as investors wagered on inflation pulling forward interest rate rises.

  15. Show article details.

    GLOBAL MARKETS-Global equities edge up on upbeat earnings; gold falls

    Reuters – 5:50 PM ET 10/26/2021

    * Dow and S&P 500 set new record highs. * Gold sheds nearly 1% * Euro STOXX 600 up 0.75% to highest in seven weeks. * Dollar index steady. * Brent and WTI futures close at highest since Oct 2014. By Chibuike Oguh.

  16. Show article details.

    US STOCKS-Wall Street closes at record but Facebook weighs

    Reuters – 4:27 PM ET 10/26/2021

    * GE rises on lifting 2021 earnings forecast. * UPS jumps as results beat on e-commerce demand. * Dow up 0.04%, S&P 500 up 0.18%, Nasdaq up 0.06% By Chuck Mikolajczak. NEW YORK, Oct 26 - U.S. stock indexes closed modestly higher on Tuesday, with the Dow Industrials and S&P 500 hitting fresh records, and gains were subdued as Facebook (FB) shares fell in the wake of its quarterly earnings.

  17. Show article details.

    Alphabet beats sales estimates on Google ad surge

    Reuters – 4:11 PM ET 10/26/2021

    Google owner Alphabet Inc (GOOG) on Tuesday beat expectations for third-quarter revenue, a positive sign that its advertising business is overcoming new limits on tracking mobile users and sending its shares up slightly. Through its search engine, YouTube video service and partnerships across the Web, Google sells more internet ads than any other company.

  18. Show article details.

    Twitter avoids revenue hit from Apple privacy changes

    Reuters – 4:07 PM ET 10/26/2021

    - Twitter Inc (TWTR) on Tuesday reported its quarterly revenue grew 37% and avoided the brunt of Apple Inc (AAPL) privacy changes on advertising that hobbled its rivals, sending its shares up 3%. The social networking site has been working to add new features such as audio chat rooms to attract users, and also rolled out improvements to its advertising capabilities to reach its goal of doubling annual revenu...

  19. Show article details.

    Twitter falls short of user estimates, avoids hit from Apple privacy changes

    Reuters – 4:05 PM ET 10/26/2021

    Twitter Inc (TWTR) on Tuesday missed Wall Street expectations for user growth as it faced competition from rival apps like TikTok for people's time, while it reported quarterly revenue in line with estimates.

  20. Show article details.

    US STOCKS-Wall Street hits record but Facebook weighs

    Reuters – 4:01 PM ET 10/26/2021

    * GE rises on lifting 2021 earnings forecast. * UPS jumps as results beat on e-commerce demand. By Chuck Mikolajczak. U.S. stock indexes closed modestly higher on Tuesday, with the Dow Industrials and S&P 500 hitting fresh records, and gains were subdued as Facebook (FB) shares fell in the wake of its quarterly earnings.

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