Facebook Offers New Tool to Wrangle Business Accounts

Handling accounts across Facebook, Instagram and Messenger often required bouncing between different tools and interfaces. On Wednesday, the social media giant took aim at this irritation, offering new interfaces to unify account management across these platforms. Available via mobile app or desktop web browser, the new Facebook Business Suite gives business accountholders a launching pad to post and schedule content […]

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Facebook agrees to pay France €106m in back taxes

Facebook has agreed to pay the French government €106m (£95.7m) in back taxes to settle a dispute over revenues earned in the country. The payment covers the last decade of its French operations from 2009. The social networking giant has also agreed to pay €8.46m in taxes on revenues in France for 2020 – 50% more than in 2019. “We […]

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Voting Information Center On Facebook And Instagram

Facebook has launched “Voting Information Center” on Facebook and Instagram platforms, with a view to boosting the number of Americans vote in the upcoming U.S. presidential election in November. The social media giant’s latest initiative is expected to help 4 million voters register this year, and help them navigate a ‘confusing election process’. The new Voting Information Center will act […]

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Facebook Helps Business Owners Earn Money From Online Events On FB

Facebook is helping small businesses in their recovery by creating a new revenue stream with social distancing mandates still in place amidst the coronavirus pandemic. The social media giant has introduced a new feature that will enable businesses, creators, educators and media publishers to earn money by hosting live paid online events on their Facebook pages. Facebook page owners can […]

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Voting Information Center On Facebook And Instagram

Facebook has launched “Voting Information Center” on Facebook and Instagram platforms, with a view to boosting the number of Americans vote in the upcoming U.S. presidential election in November. The social media giant’s latest initiative is expected to help 4 million voters register this year, and help them navigate a ‘confusing election process’. The new Voting Information Center will act […]

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Here's what happened to the stock market on Monday

The Dow climbed 357 points, or 1.3%, to close at 27,791.44. The S&P 500 gained 0.3% to end the day at 3360.47, about 1% from an all-time high. The Nasdaq Composite dipped 0.4% to 10,968.36. Stocks tried to build on last week's momentum even as lawmakers struggle to make inroads on a new coronavirus deal. Trump signs executive orders on coronavirus […]

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Facebook Q2 Not Phased By COVID-19 or Advertising Boycott

Facebook, Inc. (NASDAQ: FB) released its most recent quarterly results after the closing bell on Thursday. The social media giant said that it had $1.80 in earnings per share (EPS) on $18.69 billion in revenue. Analysts were calling for $1.39 in EPS and $17.4 billion in revenue. The second quarter from last year had $0.91 in EPS and $16.89 billion […]

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What You Need to Know From Congress' Landmark Big Tech Antitrust Hearing

Facebook, Amazon, Apple, and Google are jointly worth nearly $5 trillion and, along with Microsoft, make up 22 percent of the entire S&P 500. In other words, they’re flat-out dominating their respective markets. And on Wednesday Facebook CEO Mark Zuckerberg, Amazon CEO Jeff Bezos, Apple CEO Tim Cook, and Google CEO Sundar Pichai appeared remotely before the House Judiciary Antitrust […]

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The fight over $600 boosted unemployment benefits explained, plus everything else you missed in business news: CNBC After Hours

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, Moody's Analytics Chief Economist Mark Zandi joins 'After Hours' to explain how the trillions of dollars of fiscal stimulus have helped keep the economy going during the coronavirus pandemic. Plus, CNBC's Robert Frank breaks down the real estate boom in Lake Tahoe as tech employees flee […]

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Facebook places label on Trump's post about mail-in voting

WASHINGTON (Reuters) – Facebook Inc on Tuesday placed a “voting info” label on a post by U.S. President Donald Trump that said mail-in voting would lead to a “CORRUPT ELECTION.” The label is the most recent of several placed on posts by Republican Trump and Democratic presidential candidate Joe Biden since the company launched a policy to add information to […]

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