Opinion: Snap points out the possibility that Apple caused the long-feared “Ad-Mageddon”

Snap Inc. raised the alarm on Thursday for the long-feared collapse in Internet advertising that could come in the normally busy fourth quarter. Long feared, because since Apple Inc. AAPL, + 0.15% Announcing upcoming iPhone privacy changes, many internet advertising companies are warning of the impact this is having on their bottom line. Apple updated … Read more

Microsoft puts LinkedIn social media service together in China

Microsoft corps MSFT 1.37% LinkedIn said it will shut down the version of its professional networking site that operates in China, marking the end of the last major American social media network to operate openly in the country. LinkedIn said in a statement Thursday that it made the decision after facing “a significantly more difficult … Read more

Tech weakness is a big buying opportunity for investors: Invesco

Investors may want to hit the buy button the next time technology stocks sell out. Invesco’s Kristina Hooper claims the group plays a vital role in the American company’s drive to increase productivity. “In the long term, the technology will benefit from increased corporate spending,” the company’s chief strategist for the global market told CNBC’s … Read more

Teens hate Twitter and Facebook

photo: Mladen Antonov (Getty Images) It’s safe to say that The Teens hate Facebook and Twitter as much as the rest of us. At least that is according to a 91 pages opinion poll Published this week by analysts at financial firm Piper Sandler. The long report, titled “Taking Stock With Teens,” surveyed 10,000 US … Read more

Palantir stick was taken away by an army treaty. Bears don’t say so quickly.

Text size Alex Karp, CEO of Palantir Technologies. Andreas Rentz / Getty Images Palantir technologies receives a minor setback from the road to its announcement yesterday regarding the U.S. Army’s work to modernize its data and analytics handling. Here’s the situation: In February 2020, the Army announced that Palantir (PLTR) and BAE systems (BAESY) was … Read more

Palantir, Shiba Inu, Apple, American Airlines: What you should be aware of today on the stock market

The Palantir share rose due to a contract with the US Army; Airlines are sliding down as fuel costs rise Updated October 6, 2021 10:06 a.m. ET Stocks fell in morning trading, with major indices losing ground on broad-based selling. We’ll see that during the regular session on Wednesday. Chart of the day Write to … Read more

Palantir, Shiba Inu, Apple, American Airlines: What you should be aware of today on the stock market

Updated October 6, 2021 at 9:36 a.m. ET Stocks fell after the opening bell, with technology stocks leading the losses while bond yields continued to rise. Here’s what we’re watching as trading heats up on Wednesday. Palantir Technologies rose 7% in early trading. The data software company said it was selected for a US Army … Read more

Facebook apologizes for the mass outage and reveals why it happened

In this October 4, 2021 illustration, Facebook, WhatsApp, and Instagram logos are displayed through broken glass. Given Ruvic | Reuters Facebook apologized for the mass outage that resulted in billions of users unable to access Facebook, Instagram, WhatsApp and Messenger for several hours. “To all the people and companies around the world who depend on … Read more

Why Facebook, WhatsApp and Instagram failed on Monday

A woman checks her Instagram account while standing on a street in New York City on October 4, 2021.photo: Ed Jones (Getty Images) Facebook, your uncle’s favorite source for information on how 5G makes everyone communist, Experienced six hour failure Monday. And it wasn’t just Facebook – the company’s other major platforms, Instagram and WhatsApp, … Read more

Tesla, Levi’s, Constellation Brands, VMware, and other stocks to watch out for this week

Text size This week’s highlight will be September labor market data on Friday, along with more economic data and several corporate earnings releases and investor events. PepsiCo reports its latest results on Tuesday, followed by Constellation marks and Levi Strauss on Wednesday and Conagra brands on Thursday. Marvell technology and VMware will hold investor days … Read more