social media

Jack Dorsey's Could be Ousted as Twitter's CEO

Jack Dorsey's Could be Ousted as Twitter's CEO

Twitter, Inc. (NASDAQ: TWTR) shares jumped more than 8% Monday morning after Bloomberg reported that Activist investor, Paul Singer, from Elliott Management Corp. is pushing to oust current CEO Jack Dorsey.Elliott Management has a large stake i..

Facebook Reportedly Building Cryptocurrency for WhatsApp Money Transfers

Facebook Reportedly Building Cryptocurrency for WhatsApp Money Transfers

Facebook Inc. (NASDAQ: FB) is reportedly working on making a cryptocurrency that will allow users to transfer money on its WhatsApp messaging platform, according to Bloomberg, citing sources familiar with the matter.The Company is developing a stabl..

Facebook to Fund Trainee Local Britain Newspaper

Facebook to Fund Trainee Local Britain Newspaper

Facebook (NASDAQ:FB)  is reportedly donating USD 5.8 Million to support communities that have lost local newspapers and reporters in order to train journalists in Britain.  The Company said on Monday it realizes that many readers often rel..

Acxiom shares Plummet After Facebook Ends Partnership

Acxiom shares Plummet After Facebook Ends Partnership

Acxiom Corporation (NASDAQ: ACXM) announced on Wednesday that it was informed by Facebook Inc. (NASDAQ: FB) that their partnership will be terminated due to the recent privacy scandal matter. Acxiom shares plummeted by 32 percent on Thursday.Faceboo..