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Twitter Hits All-Time High, Outpaces Social Stocks, But Traders Have a Warning
Twitter shares soar as the company announced revenue growth goals, but traders are wary of the high-flying stock.
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Snap Stock Pops as Company Tells Investors It's on Track for Several Years of 50% Growth
Shares of Snap reversed a decline on Tuesday after it announced that is in position to drive multiple years of revenue growth of more than 50%.
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Facebook's Not the Only One Worried About Apple's Privacy Change — Snap and Unity Both Just Warned Investors About It
Snap and Unity Software, which reported fourth quarter earnings Thursday, both warned of the upcoming impact from Apple’s privacy changes set for this spring.
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Why Biden's Effort to Shore Up SNAP Is So Important to Black and Brown Communities
President Biden has directed the USDA to bolster the Supplemental Nutrition Assistance Program, or SNAP. Luis Guardia, president of the Food Research and Action Center, joined LX News to explain why boosting SNAP is especially important to Black and Latino communities — which are disproportionately affected by hunger just as they are affected by COVID-19 at higher rates.
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Unlike Zuckerberg, Snap CEO Spiegel Says Apple's iPhone Privacy Change Is Good for Consumers
Snap still warned investors that the change could have a negative impact on its ads business.
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Snap Beats Expectations But Stock Falls on Light Q1 Forecast
Snap’s stock fell in after-hours trading on Thursday after the company reported its fourth-quarter earnings despite beating Wall Street’s expectations.
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Unity Stock Falls After Gaming Software Company Forecasts Slowing Revenue Growth
Unity shares have almost tripled since the company went public in September, but investors were disappointed about the revenue forecast.
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Deese Outlines Executive Order's Impact on Hunger Relief
Director of the National Economic Council Brian Deese spoke with the media on Friday and outlined the details of President Joe Biden’s executive order on helping provide food assistance to Americans.
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How Black Users Are Saving Clubhouse From Becoming a Drab Hangout for Tech Bros
Clubhouse has carved out a niche among Black users, and as they have joined, they have innovated new ways for using the voice-chatting app.
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Capitol Riot a ‘Rocket Ship' for Twitter and Facebook, Ad Media Expert Says
An ad media expert explains why the violence on the Capitol was a “rocket ship” for social media companies.
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Dow Crosses 30,000, and Elon Musk Is Richer Than Bill Gates: CNBC After Hours
CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. Today was a historic day on Wall Street — the Dow crossed 30,000 for the first time on record. CNBC.com’s Pippa Stevens explains what Dow points are, why they’re important, and why 30,000 is such a significant milestone. Plus, CNBC Wealth Editor Robert Frank breaks down how Tesla’s...
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Snap Is Launching a Competitor to TikTok and Instagram Reels
Snap just announced the launch of Spotlight, a Snapchat feature that functions like TikTok and Instagram Reels.
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Twitter Is Rolling Out Competitors to Instagram, Snapchat and Clubhouse
Twitter on Tuesday launched Fleets, its competitor to Snapchat and Instagram’s stories features, and announced a new audio feature.
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The Four Latest Contenders to Facebook's Social Media Throne
In the last year, a number of apps, including Parler, TikTok, and OnlyFans, have started to gain ground in the social media landscape.
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Snap Stock Climbs on Optimism About Augmented Reality E-Commerce, Ad Growth in 2021
Snap’s stock was up as much as 7% on Thursday following a report highlighting the company’s augmented reality and e-commerce strategy.
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Hunger and Poverty Are Rising as Coronavirus Stimulus Package Talks Drag On In Congress
LX News speaks with Bread for the World’s Heather Taylor about the state of food insecurity and poverty in the U.S., which have been rising as congressional negotiations over another stimulus package continue to drag on without action.
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26 Million Americans Are Going Hungry Amid the Pandemic. What To Do If You're One of Them
Amid one of the worst downturns in U.S. history, the number of Americans who are struggling to pay for food has soared. Around 20% of adults living with children said they couldn’t afford to adequately feed their families over the last seven days, and nearly 26 million adults said people in their households are not eating enough because of a...
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EBT Holders in Mass. Can Soon Buy Groceries Online
With the number of families receiving food assistance on the rise, Massachusetts will enter a pilot program that allows SNAP recipients to purchase groceries online using their benefits. The state announced Thursday that the U.S. Department of Agriculture has approved its application to join the federal pilot. It provides recipients of the Supplemental Nutrition Assistance Program, formerly known as...
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No Shopping From a Safe Distance: SNAP Recipients Can't Purchase Groceries Online
A rapidly increasing number of Massachusetts residents are asking the government to help pay for their groceries, but recipients need to shop inside stores because EBT cards can’t be used for online purchases
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Push for SNAP Recipients to Be Allowed to Order Groceries Online
EBT cards can’t be used to buy food online, something Massachusetts Rep. Jim McGovern is trying to change as coronavirus keeps people indoors.