Meta is set to unveil its latest app Threads this week, which mimics Twitter.
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Nasdaq Posting Worst Monthly Decline in a Decade
Stocks declined sharply Wednesday afternoon, with the Nasdaq recording its biggest monthly drop in almost a decade, as bad housing news and global trade concerns added to another tumultuous day on Wall Street.
Tim Cook Blasts Silicon Valley, Calls for Privacy Protections
Apple CEO Tim Cook made his most forceful comments yet on the privacy concerns plaguing the tech industry, telling a conference in Brussels, Belgium that a "data-industrial complex" has led to eroding privacy rights around the world. Cook then called on the U.S. to adopt a landmark federal privacy law like the GDPR that went into effect earlier this year in the EU.
Snap Employees Are Eyeing Exit As Stock Sinks
Snapchat employees are looking to jump ship in growing numbers after a botched app redesign and drop in stock price soured many on the company’s future, according to an internal, anonymous survey.
Market Analyst: There's a Lot to Be Scared About
Markets may have closed off their lows of the day, but Jack Kramer, co-founder and co-CEO of MarketSnacks, said there's still plenty that could weigh on investors over the next year.
Battle of the Apps: Teens Turn to Instagram over Snapchat
Teens are abandoning Snapchat and turning to Instagram and Brian Deagon, senior reporter for Investor's Business Daily, said that Snapchat could likely not recover from its recent blunders.
Long-Time Tesla Short-Seller Does an About-Face
Notable short-seller Andrew Left of Citron Research has turned positive on the electric-car manufacturer. But Daniel Sparks, contributing senior tech analyst at Motley Fool, said the call may be more of a short-term bet.
Facebook Messenger Gets a Makeover ー Just in Time for Portal
Facebook is unveiling a redesigned, simplified version of its Messenger app that recalls the basic chat service the social media giant released as standalone app in 2014. Stan Chudnovsky, Facebook's head and VP of Messenger, told Cheddar's Hope King that the purpose of the overhaul was to "go back to the roots" with a simple, easy-to-use interface that prioritizes chats between friends.
Stocks Plunge Amid Gathering Storm of Economic Concerns
U.S. stocks took a major hit on Tuesday, with the Dow opening 400 points down and tech stocks still struggling. The Nasdaq reentered correction territory, down more than 10 percent from its all-time highs.
Need 2 Know: Turkey’s President Calls for Saudi Action, Trump Christens Ted Cruz ‘Beautiful Ted’
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