|Bid||35.28 x 1100|
|Ask||35.29 x 800|
|Day's range||34.86 - 35.76|
|52-week range||20.00 - 45.86|
|Beta (5Y monthly)||0.79|
|PE ratio (TTM)||21.91|
|Earnings date||23 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||30.57|
My guess is at least half of you will not know what I’m talking about when I mention the furore over the letter published this week in Harper’s Magazine. About 150 public intellectuals, academics and writers, including JK Rowling, signed a letter in defence of freedom of speech that was published by Harper’s on Monday. To paraphrase, the growing habit of public shaming, cancel culture and punishment for errant speech is creating a chilling effect on freedom of expression on campuses, in newspapers and the publishing industry and in society at large.
Twitter (TWTR) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
The advertising market is taking a hit from COVID-19, and a paid subscription tier for power users could help mitigate those impacts.
Twitter shares hit a one-month high on Wednesday amid speculation that the social media giant may be launching a subscription service.
The selected web engineers will join a team, codenamed "Gryphon," and work closely with Twitter's payments and the Twitter.com teams, according to the listing https://bit.ly/3fdbfjU. Twitter said this subscription platform would be "a first" for the company and might be reused by other teams in the future. The company briefly edited the job listing to remove references to "Gryphon" and the "subscription platform".
Twitter (NYSE: TWTR) has revealed in a job listing that it is building a subscription platform using the code name Gryphon and is looking for a "full-stack engineer to lead the Payment and Subscription client work." "We are building a subscription platform, one that can be reused by other teams in the future," Twitter said in the job posting. Another job posting, which is no longer accepting applications, added that "the team will be collaborating to rebuild some of Twitter's services to produce a subscription management platform" and that "the Payments platform is a cross organizational collaboration between different teams at Twitter."
Yahoo Finance speaks with NAACP CEO Derrick Johnson about Facebook's misinformation problems.
Helping to lead stocks higher, social media giant Twitter (NYSE: TWTR) was up 6%, while homebuilder Lennar (NYSE: LEN) picked up 5%. Twitter shares have rebounded sharply during July, rising nearly 20% in just over a week's time. Rival Facebook (NASDAQ: FB) has gotten the most attention, as dozens of high-profile companies have pulled advertising from its platforms because of Facebook's failure to address concerns about hate-speech posts.
Following news of a new job posting on Twitter's website that said the company was building a subscription platform code-named "Gryphon," investors speculated on Wednesday about a potential new revenue opportunity for the company. "This is a first for Twitter!" the job post said about the subscription platform it was building. While it's impossible to know from this information just how ambitious Twitter's potential subscription plans are, it is definitely notable to see the company hiring for a new subscription platform.
A sweeping new law from Beijing that aims to bring Hong Kong’s internet under its control has left Silicon Valley scrambling, with at least one Big Tech company considering a total retreat from the territory. The national security law passed last week effectively moves Hong Kong’s internet within China’s Great Firewall, giving police the power to censor the web and potentially arrest the managers of tech companies who refuse to hand over data on users. In response, Facebook, Twitter, Google, Zoom and Microsoft’s LinkedIn have all said they will “pause” any requests for data from law enforcement while they review their legal positions.
Facebook, Google and Twitter said Monday they have put a hold on requests by Hong Kong's government or police force for information on users, following China's imposition of a sweeping new security law. The pause at leading online social network Facebook and its popular messaging service WhatsApp would remain in place "pending further assessment" of the new national security law, and would include "formal human rights due diligence and consultations with human rights experts," a Facebook spokesman said in a statement.
Democrats and Republicans have voiced increasing antipathy over Section 230 -- and it could mean costly political trouble for Facebook, YouTube and Twitter.
Facebook won't overcome the yawning advertiser revolt in response to hate content overnight, suggests a Goldman Sachs strategist that specializes in tech investing.
Facebook, which also owns WhatsApp and Instagram, said in a statement it was pausing reviews for all of its services "pending further assessment of the National Security Law." Google, a unit of Alphabet Inc <GOOGL.O>, and Twitter said they suspended their reviews of data requests from Hong Kong authorities immediately after the law went into effect last week.
Marketing veteran and entrepreneur Gary Vaynerchuk weighs in on the controversy swirling around Facebook.
StopHateForProfit campaign is gaining steam with 180 advertisers having boycotted Facebook. Google and Twitter are undertaking initiatives to prevent themselves from facing the similar wrath.
Older Americans rely more heavily on news and current events to make financial decisions than the younger generation, according to a new Yahoo Finance-Harris poll.
Facebook (FB) announces new content policies across platforms, including tighter restrictions on advertising and labels for harmful posts from public figures as advertisers start losing confidence.
Donald Trump deleted a tweet in which he praised a supporter who was heard chanting “white power” in a video on Sunday, after criticism from a black Republican lawmaker and others. One elderly white man driving a buggy emblazoned with Trump campaign posters is shown chanting “white power” in response to a protester who yells: “Where’s your white hood?” — a presumed reference to the historical uniform of the white supremacist Ku Klux Klan. “Thank you to the great people of ‘The Villages’,” Mr Trump tweeted alongside the video.
Trump's executive order prevents hundreds of thousands of foreigners looking to work in the United States through the end of 2020.
Facebook said Friday that it will flag all "newsworthy" posts from politicians that break its rules, including those from President Donald Trump. Separately, Facebook's stock dropped more than 8%, erasing roughly $50 billion from its market valuation, after the European company behind brands such as Ben & Jerry's and Dove announced it would boycott Facebook ads through the end of the year over the amount of hate speech and divisive rhetoric on its platform. CEO Mark Zuckerberg had previously refused to take action against Trump posts suggesting that mail-in ballots will lead to voter fraud, saying that people deserved to hear unfiltered statements from political leaders.