Facebook stock loses $120 bn in value after scandals

on July 30, 2018

Facebook’s stock has taken a nosedive, wiping out about $120bn in market value. The plunge comes after earnings fell short of expectations following a series of scandals. The company’s profit still surpassed those of the previous year, but it was the first time since 2015 that Facebook’s profits failed to meet performance estimates. Al Jazeera’s Kristen Saloomey reports from New York.

Watch

Facebook enlists anchors from CNN, Fox News, Univision

on June 7, 2018

Facebook launches U.S. news programs hosted by Anderson Cooper of CNN, Shepard Smith of Fox, and Jorge Ramos of Univision to improve the quality of news on the social network. Fred Katayama reports.

Watch

Breaking down FAANG stocks during earnings season

on April 26, 2018

Watch

US tech giants report quarterly earnings | Money Talks

on February 6, 2018

The world’s biggest tech companies have opened their financial books for the year. From Amazon and Apple to Facebook and Alphabet, the industry’s giants have reported their quarterly earnings, with results ranging from big gains to big losses, as Kerry Alexandra reports. We are joined by Santosh Rao, Head of Research at Manhattan Venture Partners in New York, and TRT World Editor-at-Large Craig Copetas in Paris.

Watch

Facebook vs Snap

on March 14, 2017

Santosh Rao speaks on CNBC Arabia about Facebook vs Snap

Watch

Are the tech giants helping or hurting?

on May 11, 2016

Amazon and Facebook hit record highs Wednesday as Macy’s and Disney plunged. Nick Colas of Convergex and Max Wolff of Manhattan Venture Partners discuss the rise of the “disruptive” behemoths.

Watch