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GameStop, Dogecoin Rallies Fueled By Social Media Bots: Cybersecurity Firm
Monday, March 1, 2021 - 12:56am | 566Read More...GameStop Corp (NYSE: GME) and other so-called meme stocks may have been given the boost on major social media platforms by bots, according to PiiQ Media, a Massachusetts-based cybersecurity company, Reuters reported Sunday. What Happened: Reuters noted — based on the bot revelation...
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Thousands Of Bots May Have Played Role In GameStop Hype: Report
Saturday, February 27, 2021 - 3:09pm | 378Read More...Bots have been hyping GameStop Corp (NYSE: GME) and other so-called meme stocks across social media platforms, Reuters has reported. What Happened: According to Massachusetts-based cybersecurity company PiiQ Media, some organized or foreign actors may have played role in...
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Twitter Shares Are Rallying: What Investors Need To Know
Thursday, February 25, 2021 - 2:23pm | 389Read More...Twitter Inc (NYSE: TWTR) has defied the extended sell-off seen in the tech space and gained about 33% year-to-date. The stock is mounting a strong rally in Thursday's session. What Happened: Thursday's strength stems from an 8-K report the company filed with the SEC that discussed its long...
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Snapchat's 'Open-Ended Growth Story' Solidified After Analyst Day Event
Wednesday, February 24, 2021 - 5:55pm | 609Read More...Snapchat parent company Snap Inc (NYSE: SNAP) hosted Tuesday its Analyst Day presentation and many Street analysts agreed the social media company's "open-ended growth story" is achievable. The Snap Analysts: KeyBanc Capital Markets analyst Justin Patterson maintains an...
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Facebook Re-Friends Australia As Government Amends News-Revenue-Sharing Bill
Tuesday, February 23, 2021 - 12:23am | 404Read More...Facebook Inc (NASDAQ: FB) will restore news pages it suspended in Australia in the coming days after it reached a deal with the country’s government. What Happened: The Mark Zuckerberg-led company said in a statement Monday that it was able to reach an agreement with Australia’s...
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Snap Has Upside To $80, Morgan Stanley Says In Upgrade
Monday, February 22, 2021 - 10:10am | 312Read More...Snap Inc (NYSE: SNAP) deserves credit for recent improvements to its platform and the stock now has a path to trade at $80 per share, according to Morgan Stanley. The Snap Analyst: Brian Nowak upgraded Snap's stock from Equal-Weight to Overweight with a price target lifted from $50 to $80. The...
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Bill Gates Thinks Donald Trump Should Be Allowed Back On Twitter
Thursday, February 18, 2021 - 1:25pm | 510Read More...Former President Donald Trump has a new ally in the restoration of his Twitter Inc (NYSE: TWTR) account: Microsoft (NASDAQ: MSFT) co-founder and philanthropist Bill Gates. What Happened: "I think at some point he probably will be allowed back on and probably should be allowed back on,...
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BigTech Will Not 'Run' The World, Australian PM Hits Back At Facebook After News-Sharing Ban
Thursday, February 18, 2021 - 3:30am | 470Read More...Facebook Inc’s (NASDAQ: FB) actions to “unfriend Australia” have not gone down well with Australia’s Prime Minister Scott Morrison, who criticized the social media giant on Thursday. What Happened: Morrison termed Facebook’s actions of cutting of essential services on...
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Twitter Can Be A Tool To Predict Inflation: Bank Of Italy
Wednesday, February 17, 2021 - 6:14am | 358Read More...A research paper by Bank of Italy analysts highlights the possibility of using the messages published on the social network to predict inflation expectations. Market operators are back to talk about inflation, especially because of the possible effects linked to the expansionary fiscal and monetary...
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TikTok In Negotiations To Go Public On NYSE: Chinese Media
Tuesday, February 16, 2021 - 8:54pm | 438Read More...Short-form video app TikTok is reportedly in negotiations to list on the Intercontinental Exchange Inc (NYSE: ICE)-owned New York Stock Exchange. What Happened: The ByteDance-owned Chinese social media company is holding preliminary talks to list on the NYSE, as per a tweet from the state-...
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Microsoft Looked To Acquire Pinterest: FT
Wednesday, February 10, 2021 - 10:54pm | 541Read More...Microsoft Corporation (NASDAQ: MSFT) held talks with Pinterest Inc (NYSE: PINS) related to a possible acquisition, the Financial Times reported Wednesday. What Happened: There are currently no active negotiations between the companies, people familiar with the matter told FT. The stock of the $51...
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Twitter Reaffirms Trump Ban — Even If He's Elected In 2024
Wednesday, February 10, 2021 - 3:34pm | 421Read More...Twitter Inc (NYSE: TWT) has reaffirmed that former President Donald Trump will never be welcomed back on the social media site, even if he is re-elected to the presidency in 2024. Permanent Ban For Trump: In an interview Wednesday on the CNBC program "Squawk Box," Twitter Chief Financial...
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TikTok Deal Postponed Indefinitely By Biden Administration: What You Need To Know
Wednesday, February 10, 2021 - 2:53pm | 341Read More...President Joe Biden is reviewing U.S.-China relations, including an executive order issued by former President Donald Trump in August 2020 aimed at forcing the sale of TikTok to a U.S. company. What Happened: The Biden administration will determine its own path forward on how to deal with...
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$1,000, 5 Years Later: Twitter Takes Off
Tuesday, February 9, 2021 - 11:56am | 489Read More...Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 132.1%. But there is no question some big-name stocks performed better than others along the way. Twitter’s Big Run: One...
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Reddit Doubles Valuation To $6B As It Raises Money In A 'Good Market'
Monday, February 8, 2021 - 9:44pm | 466Read More...Reddit said Monday it raised more than $250 million in Series E funding from both existing and new investors. What Happened: The social news aggregator and discussion website’s current investors include Tencent Holdings Ltd (OTC: TCEHY), Andreessen Horowitz, and Sequoia Capital, according to...
