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May 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Facebook Inc

Tesla market value crosses $800bn for the first time
Markets

Tesla market value crosses $800bn for the first time

  • In the previous session, its market value crossed $774 billion, making Tesla Wall Street's fifth most valuable company.
  • Its shares, which surged more than eight times last year, had closed up nearly 8% on Thursday.
Published 08 Jan, 2021 08:26pm
Facebook to buy customer service startup Kustomer
Technology

Facebook to buy customer service startup Kustomer

  • The Wall Street Journal, which first reported about the acquisition, said the transaction valued Kustomer at $1 billion.
  • Kustomer allows businesses to aggregate customer conversations from various channels into a single-screen.
Published 01 Dec, 2020 12:49am
'Weaponized' Facebook fails to protect civil rights
Markets

'Weaponized' Facebook fails to protect civil rights

  • The audit report, which Facebook commissioned two years ago, pointed to what the authors described as a series of harmful decisions.
  • The findings come at a time when some 900 advertisers, including major brands such as Coca-Cola, have joined a boycott promoted by major US civil rights groups.
Published 08 Jul, 2020 05:58pm
Singapore's Temasek delays annual report due to pandemic
Business & Finance

Singapore's Temasek delays annual report due to pandemic

  • CEO Ho Ching announced the delay in a Facebook post, noting that Temasek's portfolio companies had businesses spread across many countries.
  • "To accommodate this delay of global consolidation for financial reporting, Temasek's own annual reporting will be delayed from July till September," Ho said.
Published 02 Jul, 2020 06:24pm
Facebook agrees to audit its hate speech controls
Technology

Facebook agrees to audit its hate speech controls

  • The move comes as major advertisers such as Unilever and Starbucks have signed on to the "Stop Hate for Profit" campaign started by US civil rights groups.
  • The scope and timing of the audit are still being finalized, Facebook said.
Published 30 Jun, 2020 07:49pm