Facebook smashes Wall Street’s expectations in Q3

Facebook smashes Wall Street's expectations in Q3

Facebook may be going through a stretch of very bad publicity, but its business is still in fine shape. The company’s Q3 progress report smashed Wall Street’s expectations. Facebook grew its base of daily active users to 1.37 billion, a 50 million-user increase over Q2. The platform also had 2.07 billion monthly active users, […]

Netflix indefinitely suspends production of House of Cards’ sixth season

Shares spike as Netflix confirms "Bright" sequel

As you’re no doubt aware by now, Star Trek Discovery actor Anthony Rapp recently leveled sexual assault allegations against House of Cards star Kevin Spacey. Then on Monday, Netflix confirmed that House of Cards’ sixth season would be its last. But as it turns out, the series might well have aired its final episode already: […]

Report: Russian ads ran across Facebook’s Audience Network

Facebook cracks down on posts that explicitly ask for likes

Looks like Facebook’s Russian ad problem wasn’t confined to Facebook. Business Insider reports that Russian-bought ads – already known to have appeared on Facebook during the 2016 elections – also ran across Facebook Audience Network, a tool that lets marketers deliver ads to apps and websites outside of Facebook’s platform. The Audience Network ads were […]

Report: T-Mobile’s merger talks with Sprint may be dead

Report: T-Mobile's merger talks with Sprint are back on

Sprint and T-Mobile may not be merging after all. The Japanese publication Nikkei reported that Softbank, Sprint’s owner, is withdrawing from merger talks with T-Mobile parent Deutsche Telekom. The Wall Street Journal later reported the same thing – though CNBC contradicted both publications in a later story, reporting that talks remain ongoing. But CNBC also […]

Facebook’s ad transparency measures to launch next month

Facebook launches messaging app for kids

Facebook announced that its new ad transparency features will go live in November. When viewing a Facebook Page, users will be able to click a “view ads” tab, which will bring up all of the ads that the Page is currently running. Facebook first announced the new transparency features early this month. Among other things, […]

BuzzFeed parts ways with top entertainment writers in new shakeup

BuzzFeed rolls out new Facebook Watch shows

BuzzFeed is changing up the way it covers Hollywood. The company has parted ways with three top members of its editorial staff: Entertainment Editor Jamie Etkin, who’d been with BuzzFeed News for four years; Deputy Entertainment Editor Katie Hasty; and Senior Entertainment Editor Jarrett Wieselman. In a memo to staff explaining the changes, Head of […]

Twitter bands ads from Russian government-affiliated news sources

Investors rejoice as Twitter starts banning hate accounts

Twitter, like Facebook and Google, is still grappling with revelations that Russian-bought ads, designed to influence the 2016 election, ran on its platform last year. Now the company is taking an extraordinary step: Effective immediately, Russia Today (Russia’s state-funded broadcaster) and Sputnik (a government-controlled news agency) will be banned from advertising on Twitter. “We did […]

Amazon has smashing Q3 – but downplays Amazon Studios

Amazon to sell devices and promote services at Whole Foods

Amazon, too, beat Wall Street’s expectations in Q3, posting sales of $43.7 billion. Wall Street had projected $41.6 billion in sales. Total sales saw a 34% increase over last year’s third quarter. (Some of that had to do with the $1.3 billion that Amazon took in from the recently-acquired Whole Foods Market.) All told, net […]