Shares fell 3.9 percent on Tuesday, ending below their 200-day moving average for the first time since March.
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The platforms are woven into the fabric of young people’s lives, often influencing their dress, dance moves and diet.
Both social media platforms said the video, in which the Brazilian president made false claims, violated their policies.
Social media giant needs to stop its algorithms from pushing divisive content, Frances Haugen tells British politicians.
Facebook said it would crack down on such pages, but its promise seems to have had a limited effect.
Leaked documents show social media company is selective in curbing inflammatory posts, particularly anti-Muslim content.
New Trump platform ‘Truth Social’ backed by venture capitalist who runs a SPAC based in Wuhan, China.
The launch of the platform, dubbed TRUTH Social, comes months after Trump was banned from most major social media sites.
The talks come as internet shoppers increasingly buy items they see on social media sites like TikTok and Instagram.
Bankers have slashed Ant’s valuation from $280bn to as low as $78bn as it is slammed with myriad restrictions.
CEO Mark Zuckerberg plans to talk about the name change at its annual conference on October 28, but it could be sooner.
The social media titan will pay as much as $14.3m in separate settlement agreements, the US government said.
US markets regulator’s report shows how amateur traders drove shares in GameStop other meme stocks to extreme highs.
The metaverse is a futuristic notion for connecting online that uses augmented and virtual reality, Facebook has said.