Amid Capitol Hill hearings and rising concerns over regulation, Facebook crushed expectations in Q3 - beating top- and bottom-line dramatically and better-than-expected user growth - sending the stock price higher after-hours to new record highs.
Following today's Senate Judiciary panel hearings with social media executives, the establishment's 'Russians colluded with Trump' narrative is hanging but all but the thinnest of threads.
Best Buy just got an Uber-sized lesson in surge pricing, and how not to do it.
Hoping to capitalize on the (reportedly) pent up interest in the iPhone X, Best Buy, which also sells all iPhone models via carrier installment plans that let customers pay for the devices over several months, decided to hike the full, upfront price by $100, with the retailer charging $1,099 and $1,249 for the two iPhone X configurations; Apple’s pricing is $999 and $1,149.
The bitter legal dispute between Apple and Qualcomm has escalated sharply overnight as the former designs out Qualcomm components from future products. According to the WSJ, Apple, locked in an intensifying legal fight with Qualcomm, is designing iPhones and iPads for next year that would jettison the chipmaker’s components.
One month ago, the media world and political punditry was in a furore after Facebook revealed that some 470 alleged Russian troll accounts had paid Facebook a whopping $100,000 to purchase 3,000 advertisements potentially influencing the outcome of the election (even though many of the ads "showed support for Clinton" and only half ran before the actual election).