At the time, Facebook was facing fierce competition from a rising Snapchat, which has yet to go public and was experiencing rapid user growth.
Four Canadian school boards have sought more than $4 billion in damages from social media firms such as Meta Platforms and Snap in a lawsuit, alleging that their products harmed students.

Meta, Snapchat and TikTok sued by Ontario schools

09:31am, Thursday, 28'th Mar 2024
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB), Snap Inc (NYSE:SNAP) and ByteDance are being taken to court by four leading Ontario school boards, who allege their social media apps negatively rew

There is a new king of meme stocks in town

08:51am, Thursday, 28'th Mar 2024
March appears to herald the emergence of new meme stocks, with Reddit (NYSE: RDDT) and Trump Media (NASDAQ: DJT) making their debut in the stock market.
Big Tech firms are likely coming to the end of a trend in which they outperform market consensus, analysts believe. UBS argued the market is “getting late into the tech outperformance innings with t
All of us investors are on the lookout for different ways to maximize profits. Whether you want to double your money or take home a higher dividend, these three mega-cap stocks will help achieve your

Making Sense of the Earnings Picture

08:26pm, Wednesday, 27'th Mar 2024
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods,
As we move further into year two of the artificial intelligence ( AI ) boom, we may begin to see a broadening of the winners as more firms continue spending a great deal on the next generation of AI t
Zacks.com users have recently been watching Meta Platforms (META) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Growth stocks allow investors to outperform the market in the long run. These assets often exhibit high revenue growth and have captivating growth opportunities.
In 2016, Facebook launched a secret project designed to intercept and decrypt the network traffic between people using Snapchat's app and its servers. The goal was to understand users' behavior and he
The newly public company tied to former President Donald Trump's Truth Social platform isn't the only social media stock rallying, as shares of the handful of other public social media companies are a
Last year was the year of the Magnificent 7 stocks, the seven tech companies that powered the S&P 500 to a 24% gain. So dominant were those seven companies that if you removed them from the equation,
A somewhat controversial concept, metaverse stocks to buy presents both opportunities and pitfalls. Still, with so much money being poured into the digital ecosystem – which is broadly defined as a
The US stock market is enjoying one of its strongest starts in recent history, with the broad indexes up nearly 10% YTD.
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