Facebook eyes lease for iconic Manhattan landmark

Real estate broker on tech flocking to NYC: The city is a ‘beacon of change’ New York commercial real estate broker Wendy Maitland on why tech companies are moving to New York City. Social media giant Facebook is reportedly eyeing office space within an iconic civic building sitting in Manhattan, potentially making it one of the largest corporate tenants in New York. […]

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Google, Facebook Surveillance Business Models Threat To Human Rights: Amnesty

Facebook and Google’s omnipresent surveillance of billions of people poses a systemic threat to human rights, Amnesty International warned in a report published on Thursday. The surveillance-based data-collection business model of the tech giants is incompatible with the right to privacy and poses a systemic threat to a range of other rights including freedom of opinion and expression, freedom of […]

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With a market at record highs, these are the most loved stocks on Wall Street from here

CNBC screened all S&P 500 companies looking for the stocks with the highest percentage of buy ratings. Amazon is the most loved stock on Wall Street, with 47 of the 48 analysts that cover the company recommend buying the e-commerce giant.  Payment processors Visa and Mastercard are also on the top-rated list. Both companies have ended the last eight years in […]

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Facebook Says It Will Remove Any Mention Of The Whistleblower’s Name

Facebook sets a pretty low bar for expectations of privacy. And yet, when it comes to protecting the identity of the whistleblower whose complaint sparked an impeachment inquiry into President Donald Trump, it’s still making more of an effort than right-wing politicians and conservative media. Facebook said Friday it will remove any content from the platform claiming to reveal the person’s identity, […]

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Facebook beats revenue, profit estimates, shares rise

(Reuters) – Facebook Inc (FB.O) beat analysts’ estimates for quarterly revenue and profit on Wednesday, driven by a steady rise in advertising. Shares of the company, which owns WhatsApp and Instagram, were up about 3% at $194 in extended trading. The world’s largest social network has faced scrutiny over the past three years from regulators and users worldwide over its […]

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Facebook open to currency-pegged stablecoins for Libra project

WASHINGTON (Reuters) – Facebook Inc (FB.O), facing growing skepticism about its digital currency project Libra, on Sunday said the initiative could use cryptocurrencies based on national currencies such as the dollar, instead of the synthetic one it initially proposed. David Marcus, who heads the Libra project for Facebook, told a banking seminar the group’s main goal remained to create a […]

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PayPal withdraws from Facebook's Libra Association

WASHINGTON (Reuters) – U.S. payments processor PayPal Holdings Inc (PYPL.O) announced Friday it was withdrawing from the Libra Association, a Facebook-led effort to build a global digital currency. PayPal said it would forgo any further participation in the group, saying instead it would focus on its own core businesses. “We remain supportive of Libra’s aspirations and look forward to continued […]

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Mark Cuban says he'd rather 'have bananas than bitcoin' because they're more useful

"Shark Tank" investor Mark Cuban has never been one to hide his opinions, especially when it comes to cryptocurrency. The billionaire said he would "rather have bananas than bitcoin," in a YouTube question-and-answer session with Wired posted Sept. 27. "I could eat bananas — bitcoin, not so much," Cuban said. In response to being asked why he "hates crypto," Cuban […]

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