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FAANG REPORT: Facebook uncovers global disinformation campaign; Google says don't blame us for news

Apple to release new low-cost laptop and Black Panther to debut on Netflix
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Facebook finds new global disinformation campaign.

Social media behemoth Facebook Inc (NASDAQ:FB) said it has identified multiple new influence campaigns aimed at misleading people around the world, The New York Times reported. Facebook said it removed 652 fake accounts, pages and groups trying to sow misinformation. The campaigns began in Iran and Russia, and while Americans are still targeted, they were also aimed at people in Latin America, Britain and the Middle East, it said.

Shares of Facebook gained 0.6% to US$173.68.

Search giant Google said it should not be blamed for the state of journalism in the country, ABC News reported. The vice-president of news at Google parent Alphabet Inc (NASDAQ:GOOG), Richard Gingras, emphasized the company's interest in supporting a healthy media environment.

Google shares were up US$0.55 to US$1,208.

READ: Facebook misses on revenue and daily active users as scandals take their toll Inc (NASDAQ:AMZN) has rolled out a new payment policy so business customers can have more time to pay their bills, CNBC reported. Some sellers though are worried that waiting 30 days for payment instead of getting paid every week or two would put them in a cash crunch, the report said.

Amazon stock added 0.47% to US$1,892.13.

Apple Inc (NASDAQ:AAPL) will be releasing a new low-cost laptop and a professional-focused upgrade to the Mac mini desktop later in 2018, a report by Bloomberg said. The new laptop will have a similar look to the current MacBook Air, but Bloomberg said it will include thinner bezels around the screen.

Apple shares edged up 0.13% to US$215.32.

READ: Netflix CFO steps down after more than seven years on the job

Streaming company Netflix Inc (NASDAQ:NFLX) will be welcoming the Marvel character Black Panther in two weeks, Movie Web reported. The development comes just four months after the movie debuted on Blu-ray, the report said.

Netflix stock went up 2% to US$345.

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