Facebook Inc.

Big Tech backlash means less free stuff - THE EDGE SINGAPORE

Tech

Big Tech backlash means less free stuff

Governments around the world are taking major steps to clamp down on the anti-competitive practices of large technology companies.

US stocks

Nasdaq whale emerges as Facebook, Amazon see option trades

Amazon.com Inc., Facebook Inc. and Netflix Inc. were among companies that saw block trades of call contracts Thursday.

Singapore economy

Facebook to give $4.75 mil in grants to Singaporean businesses

Applications are open from September 16 to 22.
Nvidia to buy SoftBank's chip division for US$40 bil - THE EDGE SINGAPORE

Tech

Nvidia to buy SoftBank's chip division for US$40 bil

SoftBank shares surged as much as 10% on news of the deal and renewed talks for the company going private.

Geopolitics

Google, Facebook dump plans for US-Hong Kong undersea cable

The steps come as tensions continue to escalate between the US and China over a series of conflicts.

Company in the news

Facebook’s growing ad exodus means more risks to revenue growth, puts stock price under further pressure

A growing list of Facebook Inc.’s advertisers is set to halt spending on social media, undermining the company’s sales outlook and putting its stock price under further pressure.

Company in the news

Mark Zuckerberg loses US$7 bil; shares fall 8.3% as firms boycott Facebook ads

Mark Zuckerberg became US$7.2 billion ($10.03 billion) poorer after a flurry of companies pulled advertising from Facebook Inc.’s network.

Fake News

Singapore isn't waiting for Facebook to crack down on fake news

SINGAPORE (April 2): Singapore plans to introduce tough new laws to hold online outlets accountable for the spread of fake news, joining countries around the world in putting pressure on companies like Facebook Inc. to address the issue.

Tech

Facebook problems 'my mistake', Zuckerberg to tell congress

(Apr 10): Facebook Inc. Chief Executive Officer Mark Zuckerberg, in prepared testimony for the US House of Representatives, said all of Facebook’s problems are his mistake.
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