Investors shouldn’t panic – Facebook will bounce back, analysts say
Facebook investors are freaking out. They shouldn’t be, say Wall Street analysts.
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CNN
Posts by CNN
HBO on AT&T: No plans to ‘dilute the brand’ in pursuit of volume
HBO has “no plans to dilute the HBO brand in favor of volume,” programming chief Casey Bloys told TV reporters Wednesday, seeking to reassure both the press and creative community that AT&T’s strategy of increasing the pay channel’s output wouldn’t fundamentally change its approach or profile.
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MoviePass boosts its stock with a reverse split – shares immediately plunge 35%
One day after the parent company of MoviePass announced a drastic effort to boost its stock price from 8 cents to $21, the price of the stock immediately tanked by more than 35%.
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Forget Musk’s tweets – the real problem at Tesla is the scramble for cash
Tesla is burning cash so rapidly that it’s beginning to sound a bit desperate.
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Experimental treatment uses modified stem cells to fight cancer
A clinical trial run by UCLA is testing a potentially pioneering form of immunotherapy that could turn a patient’s own body into a powerful weapon against cancer.
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Facebook suspends another data analytics firm
Facebook announced Friday that it is suspending another data analytics firm pending an investigation into how the company used its data.
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FCC calls out ‘lack of candor’ in Sinclair-Tribune deal
The Federal Communications Commission on Thursday formally referred Sinclair Broadcast Group’s proposed acquisition of Tribune Media to an administrative judge hearing, and called into question whether some of its divestments in the deal were a “sham.”
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Uber e-bikes cannibalizing rides from Uber cars; Lyft beefs up background checks
Six months after jumping into the bikesharing game, Uber has made a fascinating discovery: New riders taking a spin on its red Jump electric bikes in San Francisco are more likely to continue riding the bikes instead of hopping in one of its ubiquitous cars.
Read MoreOne in four Tesla Model 3 orders has been canceled, analyst says
Cancellations for Tesla Model 3 orders have picked up in recent weeks. Refunds now outpace deposits for Tesla’s new mass-market electric car, according to Needham & Co. analyst Rajvindra Gill.
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