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July 13, 2020
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TikTok disappears from Hong Kong app stores after new national security law comes into effect

CNBC
CNBC – For more and to sign up click here The Logo of social media app TikTok (also known as Douyin) is displayed on a smartphone on December 14, 2018 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images TikTok has been pulled from Apple’s App Store and the......
CNBC Business

Stocks making the biggest moves after hours: Bed Bath & Beyond, NIO, Costco and more

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CNBC – For more and to sign up click here Shoppers walk past a Bed Bath & Beyond store in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Bed Bath & Beyond — The home goods retailer’s stock fell 11% in extended......
CNBC Business

Facebook would be in ‘way better shape’ adopting Twitter’s disinformation response, ex-Facebook security chief says

CNBC
CNBC – For more and to sign up click here Facebook‘s Mark Zuckerberg continues to miss the mark when it comes to controlling political speech on the giant social media platform, former Facebook security chief Alex Stamos told CNBC on Wednesday. Facebook should not be concerned about whether it is......
CNBC Business

TikTokalypse: U.S. and Hong Kong TikTok users freak out as global politics threatens their access to the app

CNBC
CNBC – For more and to sign up click here TikTok users in the U.S. and Hong Kong are deeply concerned after realizing that political matters may have jeopardized their future on the app.  U.S. Secretary of State Mike Pompeo told Fox News on Monday that he is “looking at”......
CNBC Business

NAACP CEO on ‘Stop Hate for Profit’ campaign: Facebook should be useful for targeting ads, not hate

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CNBC – For more and to sign up click here NAACP’s Derrick Johnson, in the midst of leading a corporate boycott against the largest social media company, on Monday told CNBC that Facebook should be a place for targeting ads but not targeting hate. “It is a platform. It is a......
CNBC Business

Why Twitter’s influence goes beyond its user numbers

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CNBC – For more and to sign up click here Twitter was born in 2006 out of the remnants of another San Francisco company called Odeo. Twitter went public in 2013, and hit its peak stock value shortly after. But the company’s influence since then has only grown. Twitter now......
CNBC Business

Tech workers are opening their wallets to beat Trump even with stock prices soaring and profits near records

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CNBC – For more and to sign up click here US President Donald Trump (r) and Apple CEO Tim Cook speak to the press during a tour of the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on November 20, 2019. Mandel Ngan | AFP......
CNBC Business

Twitter teases an edit function, but only ‘when everyone wears a mask’

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CNBC – For more and to sign up click here Jack Dorsey, chief executive officer and co-founder of Square Inc., speaks during a Bloomberg Television interview on Wednesday, Aug. 2, 2017. Bloombeg | Getty Images Twitter has said it will start letting people edit their tweets when there is widespread......
CNBC Business

Twitter removes an image tweeted by Trump for violating its copyright policy

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CNBC – For more and to sign up click here Jaap Arriens | NurPhoto | Getty Images Twitter has removed an image tweeted by President Donald Trump for violating the company’s copyright policy. Trump’s tweet showed a picture taken by Damon Winter for the New York Times in 2015. But......
CNBC - Real Estate

San Francisco apartment rent prices are dropping fast as tech companies embrace remote work and unemployment rises

CNBC Real Estate
Focqus, LLC | iStock | Getty Images New monthly data from apartment rental platform Zumper shows San Francisco rents were down nearly 12% year over year in June, making the city’s decline the largest in the nation, and a record slide for San Francisco.  It’s also the second consecutive month......
CNBC Business

Hong Kong makes first arrest under China’s new national security law

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CNBC – For more and to sign up click here Hong Kong Police Guard of Honour raises a Chinese national flag and a Hong Kong flag during a flag raising ceremony at the Golden Bauhinia Square on June 15, 2020 in Hong Kong, China. Anthony Kwan | Getty Images Hong......
CNBC Business

Pharrell Williams calls on companies, legislators to make Juneteenth a paid holiday

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CNBC – For more and to sign up click here Corporate executives and celebrities are rallying behind calls to make Juneteenth a national paid holiday. Juneteenth, or June 19, is a day to commemorate the end of slavery. It marks the date when a Union army general arrived in Galveston,......
CNBC Business

Stocks making the biggest moves in the premarket: Gilead Sciences, Starbucks, BP, Coty & more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Gilead Sciences (GILD) – Gilead set pricing for its remdesivir anti-viral Covid-19 treatment, with developed-world governments paying $390 per dose and privately insured patients being charged $520 per......
CNBC Business

Starbucks is the latest company to pause advertising across social media platforms

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CNBC – For more and to sign up click here People wear protective face masks outside Starbucks in midtown as the city moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City. Noam Galai | Getty Images Starbucks......
CNBC Business

Diageo will pause ad spend on major social media platforms

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CNBC – For more and to sign up click here Spirits giant Diageo said Saturday it will be pausing paid advertising globally on “major social media platforms” beginning in July.  The company, which is the maker of Johnnie Walker, Smirnoff and Guinness, said it will “continue to discuss with media partners how......
CNBC Business

Trump fans are flocking to the social media app Parler — its CEO is begging liberals to join them

CNBC
CNBC – For more and to sign up click here Parler CEO John Matze EpochTimes Jim Jordan, Elise Stefanik and Nikki Haley all have something in common, other than a strong affection towards President Trump.  The three Republican politicians joined social media app Parler this week, adding their profiles to......
CNBC Business

The Facebook ad boycotts have entered the big leagues. Now what?

CNBC
CNBC – For more and to sign up click here Carolyn Everson, vice president of global marketing solutions at Facebook Inc. Andrew Harrer | Bloomberg | Getty Images In the last week, a steady stream of companies came out in support of the “#StopHateForProfit” campaign, promising to pause advertising spend......
CNBC Business

Coca-Cola pauses advertising on all social media platforms globally

CNBC
CNBC – For more and to sign up click here Coca-Cola on Friday announced it will be pausing paid advertising on all social media platforms globally for at least 30 days. The company clarified it was not joining the official boycott, but said “we are pausing” advertising. In the week......

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