Get ready for major changes coming to your Facebook Newsfeed. The social media giant said it will favor posts shared by friends over what's published by businesses or news organizations. In an effort to fight the spread of 'fake news,' the company will consider prioritizing media outlets based on credibility and polling data.
Dropbox is going public. The file-sharing company confidentially filed for an IPO, with Goldman Sachs and JP Morgan reportedly leading the offering. The San Francisco-based company was valued at $10 billion three years ago.
President Trump denied reports he referred to some nations as "shithole countries." The president reportedly made the comments during a bipartisan meeting on a potential DACA deal. Trump also blamed President Obama for his own decision to skip an upcoming visit to the United Kingdom.
Facebook is developing a camera-equipped device, codenamed Ripley, that sits on top of a TV and features video calling along with entertainment services, according to sources. The company is also working an AR projector device and other far-flung projects like a brain-computer interface.
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Paul Allen, who co-founded Microsoft with Bill Gates and went on to become one of the country's most prolific philanthropists and technologists, died Monday at 65.
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The Palm brand seems to be so valuable that people can’t help but resurrect it. The latest incarnation from the 26-year-old computing brand launched Monday in the form of a credit card-sized mobile device.
Jason Browne, chief investment strategist at Fund-X, said it's still unclear if the market's activity over the last few days is a normal correction or if the economy is headed into a bear market. The Dow Industrials closed out the week rising as much as 400 points Friday morning, giving back all those gains, before finishing the day up more than a percent.
Despite the stock market's recent volatility, especially within the tech sector, cloud-based software company Anaplan had a strong showing during its first day of public trading. Frank Calderoni, CEO of Anaplan, said the company's reputation is what is resonating with investors right now.
Tom Forte, senior research analyst at D.A. Davidson, said Turtle Beach, which makes the headsets so popular with gamers, benefits from the huge popularity of Fortnite and could be an acquisition target for Microsoft. Shares, while down from their highs of the year, are still up 1,000 percent this year.
Venture capitalist Jenny Gyllander wants to help people understand exactly what her industry is all about. So she started an Instagram account called Thingtester, which reviews products from both a consumer and investor standpoint.
The Dow Industrials came out of the gate roaring Friday morning, but by midday had given back 400 points worth of gains and turned negative. By 1 pm, though, the index was back up triple digits.
