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FAANG Group Post Mixed Earnings Reports

The latest earnings reports for members of the Faang group of tech giants — Facebook, Amazon, Apple, Netflix and Google — are making what has been a winning trade for investors look more complex. Amazon blew past Wall Street forecasts on Thursday as its diversification into higher-margin cloud computing and the dominance of its online […]

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Google Still Most Valuable Brand In The World, Alibaba And Tencent In Top 10 Also

Two of the world’s biggest brands are now Chinese, this according to a new list of the world’s most valuable brands recently put out. China claimed two of the top spots for the first time. Alibaba has joined the top 10, alongside Chinese tech group Tencent, as well as stalwarts such as Google and Apple. […]

FAANG Group Post Mixed Earnings Reports

Facebook’s Earnings And Revenue Soared In Q1

Facebook is being liked by the stock market again. The social network’s earnings and revenue soared in the first quarter, showing its advertising business continued to grow, even as it responded to controversy over content and privacy. Its shares gained 7 per cent in after-hours trading on the back of a 49 per cent increase […]

Our Vision Is To See Jamaica Grow To 100 Per Cent Internet Penetration

Facebook Users Spending Less Time On Platform

Facebook users are spending less time on the platform — by millions of hours. North American daily active users have also declined for the first time, the company said in its quarterly update. The news comes even before Facebook made the radical changes it believes will encourage a focus on “meaningful connections” rather than browsing.

Our Vision Is To See Jamaica Grow To 100 Per Cent Internet Penetration

Zuckerberg Announces Sweeping Changes To Facebook Platform

Facebook’s Chief executive Mark Zuckerberg has announced sweeping changes to the platform, pledging to help users have more meaningful social interactions by prioritizing posts from friends and family. But the changes come at the expense of those from publishers as Mr. Zuckerberg said users would see less public content like posts from businesses, brands and […]

Our Vision Is To See Jamaica Grow To 100 Per Cent Internet Penetration

Analysts Are Focusing On The Wrong Metrics For SnapChat – Evan Spiegel

Snap share prices are plunging as bigger than expected losses pushed share prices in the company behind Snapchat, down as much as 17 per cent. Slowing user growth and a cautious third-quarter outlook helped fuel the drop, but chief executive Evan Spiegel remained positive, telling analysts they were focusing on the wrong metrics. The site […]

Our Vision Is To See Jamaica Grow To 100 Per Cent Internet Penetration

Facebook Closes In On 2 Billion Users, Q1 Revenue Soaring 49% To US$8.03 Billion

Facebook CEO Mark Zuckerberg, in a recent statement is reporting that they had a good start to 2017, as Facebook closed in on 2 billion users, while topping Wall Street estimates for first-quarter revenue, soaring 49% to US$8.03 billion, easily coasting past analyst consensus of $7.83 billion. The results are said to be sending a […]

Our Vision Is To See Jamaica Grow To 100 Per Cent Internet Penetration

Facebook Adds Another Snapchat Pioneered Feature To Its Apps

Facebook is adding another Snapchat pioneered feature to its apps, allowing users to post pictures and videos that disappear after 24 hours. Facebook has already added the feature to its Instagram, WhatsApp and Messenger mobile apps, seeking to capitalize on the popularity of the format to keep people on its properties rather than toggling over […]

Our Vision Is To See Jamaica Grow To 100 Per Cent Internet Penetration

97 US Tech Companies File Amicus Brief Against Trump Travel Ban

97 US tech companies including Apple, Facebook and Microsoft have filed an amicus brief against US President Donald Trump and his immigration ban, stating that it affects their operations and “inflicts significant harm” on business. In the brief, the Tech companies say while they believe the federal government can and should implement targeted, appropriate adjustments […]

Our Vision Is To See Jamaica Grow To 100 Per Cent Internet Penetration

Instagram Looking To Introduce Advertising To Its Stories

Instagram is looking to cash in on its 150 million daily users and will start to introduce advertising to its stories feature as it becomes more popular, stepping up competition with Snap Inc. The Facebook owned platform will start to slip in advertisements between stories from friends, turning the popular feature into a moneymaker.

FAANG Group Post Mixed Earnings Reports