FB News and Press, Facebook Inc. From 01/08/21

The U.S. has backed off a threat to slap tariffs of 25% on French luxury goods, valued at around $1.3B annually, in response to France's digital service tax ((DST)) on companies like Google ([[GOOG]], [[GOOGL]]), Apple (AAPL), Amazon (AMZN) and Facebook (FB). The suspension was welcomed by U....

President Trump is back on Twitter (TWTR), tweeting for the first time since his access to the platform was restored. He's back with a video 2:41 long, coming through on a reported pledge earlier to release a video on "national unity" tonight.After saying he's "outraged by the violence, lawle...

FCC Chairman Ajit Pai is backing away from a effort to change up regulations of social media - defying a request from President Trump that he revise the companies' liability shield. Pai says he doesn't intend to move forward with a rulemaking to "clarify" Section 230, as directed in Trump's e...

YouTube ([[GOOG]] +2.2%, [[GOOGL]] +2.5%) - so far notably absent from the social-media conversation around Twitter and Facebook suspending President Trump's accounts - now says it's accelerating enforcement of voter fraud claims. That's a move that could lead to a permanent ban of President ...

Facebook (FB +2.3%) is blocking President Trump from accessing his accounts indefinitely, and particularly during the two weeks remaining before the inauguration of Joe Biden, CEO Mark Zuckerberg says. "We believe the risks of allowing the president to continue to use our service during this ...

Stocks rose to all-time highs on Thursday as Congress confirmed the election of Joe Biden as president. The Dow Jones Industrials continued their rapid rise, taking on 264.74 points, to 31,094.14. The S&P 500 hiked 54.21 points to 3,802.54, and also reached a record. The...

Sprout Social is a platform that empowers companies to navigate and optimize their social media channels from one centralized environment. More and more businesses are designing their operations in such a way as to require a social media optimizing platform like Sprout Social. And...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Chaos in Washington Congress has formally confirmed the election of Joe Biden as 46th president of the United States after rebuffing efforts by a small gro...

The disarray seen in Washington yesterday also shifted online as both Twitter (TWTR) and Facebook (FB) suspended President Trump from posting on their sites. It marked the the social media industry's strongest actions to date to rein in controversial content, citing "risks of violence" and "r...

Facebook (FB) has decided to block President Trump from posting on the platform for 24 hours - the latest and most severe step it's taken with the president's account in today's events. Earlier, it had removed a video posted by Trump urging Capitol rioters to go home (but still offering them ...