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As Snapchat growth stalls out, Facebook Stories hits 150 million daily active users

Although concerning, this trend is nothing new for Snap, which has had its ideas 'borrowed' by Facebook since the launch of Instagram Stories in 2016.
Mark Zuckerberg addresses the crowd outside the NASDAQ stock exchange in Times Square at the opening bell ceremony of Facebook’s IPO on May 18, 2012.

Facebook’s IPO was 6 years ago today — here’s how much you’d have made if you invested $1,000 back in the day

Facebook went public on May 18, 2012, with an initial price of $38 per share and a closing price on its first day of trading just above that, at $38.23. A $1,000 investment back then would be worth almost $5,000 today.

Registered voters across parties support the Senate’s decision to overturn the repeal on net neutrality

The U.S. Senate just voted to overturn the FCC's repeal of net neutrality, and a recent poll showing overwhelming bipartisan opposition to that repeal proves most registered voters are on board.

Tencent’s business is about as big as Facebook’s thanks to its stronghold in China

Tencent’s social media platforms are to China as Facebook’s are to the rest of the world and yet the companies are similar in their financial outputs.
Butte County, California firefighter Lydia Soileau (R) helps 17-year-old Ginette Rochon from Canada put out a fire with an extinguisher during 'live fire' training at Camp Blaze July 10, 2002 in Oakland, California.

One of Wall Street’s favorite forecasts for the US economy is looking red-hot, but it may not last

The Atlanta Fed’s GDPNow model forecasts 4.1% growth for the second quarter, which would be the strongest in nearly four years. But historically, such big spikes in the estimate have been short-lived and followed by weaker growth.

Advertisers still spend almost as much money on print ads as PC web ads — even though consumers spend far more time surfing the net than reading...

"Money follows eyeballs" is the standard budgeting method for advertisers, but the logic doesn't always apply: Consumers spend the least amount of time consuming print, and yet it still gets a significant share of total advertising dollars.

Most smart speaker owners don’t use their devices to shop online, and more than half say it’s because of a lack of trust

When Amazon released the first smart speaker in 2014 and Google released its own two years later, we assumed it was to facilitate purchases through their websites. But the feature isn't sticking and it isn't a product issue.

Eight weeks after the Cambridge Analytica scandal, Facebook’s stock price bounces back to where it was before the controversy

When the news broke on March 16 that the analytics company had been harvesting data from tens of millions of Facebook profiles to influence the election, Facebook's stock price took a nosedive. As of May 10, it's back to where it was.
New townhouses under construction in Northeast Washington, DC.

A ‘self-fulfilling prophecy’ is making the housing market more hellish for first-time buyers

The share of people who cite rising home prices as the reason why it's a good time to buy is at the highest level of the survey's history, going back to the late 1980s. It's "a case of expected asset inflation becoming a self-fulfilling prophecy," the economist David Rosenberg said.

Android P looks exciting, but only about 6% of phones are running the latest version of Android

Android is the world's largest mobile operating system, but because of its multi-manufacturer approach, only a fraction of Android users have the latest operating system necessary to make the upgrade to Android P.