Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

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
Facebook sign-in page.
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

Amazon.com 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.

View full FB profile View Profile

Facebook Timeline

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use