The European Central Bank just plunged its deposit rate further into negative territory, from -0.20% to -0.30%. Just ahead of the announcement, the Financial Times tweeted out a false report that the ECB had shocked markets and held rates, sending the euro spiking.
A bigger-than-expected package...
Facebook is bringing its Instant Article media format to Asia after more than twenty media from eleven countries in the region — including China, India and Indonesia — went live on the platform. A further 30 more media have agreed to begin publishing Instant Articles “soon,”Facebook said.
Mark Zuckerberg will put 99 percent of his Facebook Inc(O:FB) shares, currently worth about $45 billion, into a new philanthropy project focusing on human potential and equality, he and his wife said Tuesday in a letter to their newborn daughter.
One analogue: in 2012, in the run-up to the Facebook IPO, there was a lot of worry about macro risk and Europe softness. And Facebook itself went up and down. But then it turned out that all that macro risk was overstated and if you invested in 2012 in good companies you ended up doing great. Of...
I'm hearing a lot of people, say that the tech bubble is going to burst soon. Again. Are we even actually in a bubble?
It seems when any market does well for a long enough time, there will always be people saying some bubble is about to burst. In my opinion, the tech industry is only going to...
$FB After riding 10ma since mid-October, it broke on Friday; dip at open came close to 50ma; big resistance yesterday at $106; 10ma rejection. Will it break 106 resistance today?