Thursday, January 20, 2022

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Sarah Frier

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CONCERNS ABOUT DATA BREACHES may be contributing to user growth at Facebook decelerating.

Facebook says security breach affected about 50 million accounts

SAN FRANCISCO – Facebook Inc. said it discovered a security breach earlier this week that affected almost 50 million accounts, the latest in a...

Facebook investors criticize Andreessen for conflict of interest

Earlier this year, Facebook Inc.'s Mark Zuckerberg came to his shareholders with a big question: would they approve him maintaining voting control of the...
FROM LEFT: Jack Dorsey, co-founder of Twitter Inc. and founder and CEO of Square; Christopher Isaac "Biz" Stone, co-founder of Twitter; Evan Williams, co-founder of Twitter; and Richard "Dick" Costolo, CEO of Twitter pose for a photograph after Twitter Inc.'s initial public offering on the floor of the New York Stock Exchange on Thursday. Twitter Inc. surged 85 percent in its trading debut, as investors paid a premium for its promises of fast growth. / BLOOMBERG FILE PHOTO/SCOTT EELLS

Twitter surges in trading debut after $1.82B share sale

NEW YORK – Twitter Inc. surged 85 percent in its trading debut, as investors paid a premium for its promises of fast growth. The shares...

Telecom carriers must combine to compete, Providence Equity says

NEW YORK - Telecommunications companies need to combine to compete in a market that requires advanced technology to support mobile devices, Julie Richardson, managing...

Verizon CFO says storm, strike cost as much as $250 million

NEW YORK - Verizon Communications Inc., the second-largest U.S. phone company, said storms including Hurricane Irene that followed a strike by some employees have...

Brown pays $5M to dump Goldman swaps

NEW YORK - Brown University is unwinding an interest-rate swap with Goldman Sachs Group Inc. that may cost one of the world’s richest schools...

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