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KUALA LUMPUR: Axiata Group Bhd has made two key appointments for its business services and also information security in line with its aspirations to build a leading digital company, beyond its core mobile business.
NEW YORK: U.S. stocks were little changed on Wednesday, ahead of an expected Federal Reserve interest rate hike, as weakness in Facebook's shares for a third day were countered by gains in energy stocks.
SAN FRANCISCO: Facebook Inc. has decided not to unveil new home products at its major developer conference in May, in part because the public is currently so outraged about the social network’s data-privacy practices, according to people familiar with the matter.
FAANG stocks, known for their high beta attributes, dominated newsflow in the week after they added visible volatility to US stock markets.
SAN FRANCISCO: Facebook Inc chief executive Mark Zuckerberg said that he agreed “in spirit” with a strict new European Union law on data privacy but stopped short of committing to it as the standard for the social network across the world.
NEW YORK: Wall Street's three major indexes staged a comeback to close around 1 percent higher on Wednesday as investors turned their focus to earnings and away from a trade conflict between the United States and China that wreaked havoc in earlier trading.
WASHINGTON/SAN FRANCISCO: Facebook Inc shares posted their biggest daily gain in nearly two years on Tuesday as Chief Executive Mark Zuckerberg fended off questions from U.S. senators on how the world's largest social network might be regulated more closely.