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☆ Ahead of Brazil's runoff election, online misinformation is whipping through social media
▼ + stars: | 2022-10-26 | by ( Associated Press | ) www.nbcnews.com time to read: +8 min

People on social media say, wrongly, that the leftist candidate in Brazil’s presidential election plans to close down churches if elected. The Supreme Court sided with the electoral court in a hearing Tuesday. The electoral court has said the hackers didn’t gain access to any vote-counting data. The Supreme Court and some of its justices have also been victims of the disinformation war, with one post threatening violence against the daughters of justices. Complaints filed by the electoral court with online platforms have gone up 1,671% compared to the 2020 local elections, the electoral tribunal said last week.

☆ Is Meta a broken stock? Earnings will help answer some lingering questions
▼ + stars: | 2022-10-26 | by ( Michael Santoli | ) www.cnbc.com time to read: +3 min

The move is now looking a bit aggressive, and it will probably look overbought after Wednesday on a short-term basis. The "average stock" has been smoked (average decline among S & P 500 members peak to trough has been 35%, for Nasdaq 50%). Here's the equal-weight S & P 500 versus Nasdaq 100 this year, a massive 13-percentage-point spread and the "typical stock" in a sturdier trend above mid-June lows. META has traded poorly both before and since the GOOGL results, a broken stock with lack of sponsorship and massive questions about strategic missteps coloring investor perception. Granted, the stock had started to base ahead of the latest upbeat results more than META's has so far.

☆ 3 takeaways from our daily meeting: Stocks rally, earnings move Club names, sticking with DHR
▼ + stars: | 2022-10-21 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Stocks rally Earnings move Club names Sticking with DHR 1. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Stocks making the biggest moves midday: Amgen, Uber, Lyft, Zscaler and more
▼ + stars: | 2022-10-11 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Amgen — The biopharma stock jumped 6.2% after Morgan Stanley upgraded Amgen to overweight from equal weight, saying Amgen is "largely derisked" and provides defensiveness for investors. Walgreens' rally came after the company announced an acquisition of healthcare firm CareCentrix. Leggett & Platt — Shares dropped 7.3% after the industrial manufacturer cut its full-year sales and earnings guidance, citing rising inflation and challenging economic conditions. Zscaler — The cloud security stock dropped 5% after Zscaler announced the resignation of company president Amit Sinha. ON Semiconductor , Qualcomm — Semiconductor stocks continued their decline on Tuesday after the Biden administration on Monday announced new restrictions on exports to China.

☆ Rohingya seek reparations from Facebook for role in massacre
▼ + stars: | 2022-09-29 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

But some very narrow minded and very nationalist types escalated hate against Rohingya on Facebook,” he said. Instead, Meta’s algorithms “proactively amplified and promoted content” on Facebook, which incited violent hatred against the Rohingya beginning as early as 2012. And they are asking Meta to pay reparations for its role in the violent repression of Rohingya Muslims in Myanmar, which the U.S. declared a genocide earlier this year. “These algorithms are really dangerous to our human rights. The Rohingya refugees are seeking unspecified reparations from the Menlo Park, California-based social media giant for its role in perpetuating genocide.

☆ 20-year-old who tracks Elon Musk and Mark Zuckerberg's private jets says Facebook took down his page because it violates their policy
▼ + stars: | 2022-09-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Jack Sweeney said Facebook shut down his page that tracks Elon Musk's jets. "Really @Facebook," Sweeney tweeted. The billionaire told Sweeney he was concerned for his safety and didn't "love the idea of being shot by a nutcase." Sweeney previously told Insider that he countered Musk's offer, asking for $50,000 instead, but Musk declined. Earlier this year, he told Insider he stopped tracking Mark Cuban's jets on Twitter after the billionaire investor reached out and offered him business advice in exchange.

☆ Amazon's new unit has more than 400 employees, focused on helping engineers avoid rote work
▼ + stars: | 2022-09-22 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Today, we're kicking things off with my colleague Eugene Kim's look at a (secret) new team at Amazon. Amazon CEO Andy Jassy is trying to fix the company's crumbling engineering culture. According to leaked documents, Amazon formed the "Amazon Software Builder Experience" group to "focus on improving the experience of software builders across Amazon." Some Amazon engineers have expressed that they're "overwhelmed" by mundane software upgrade work, manual testing and deployment, and hard-to-use developer tools. The Meta CEO announced on Instagram: "Happy to share that Max and August are getting a new baby sister next year!"

☆ Amazon CEO says the company has no plans to make its corporate employees return to the office
▼ + stars: | 2022-09-08 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Amazon CEO Andy Jassy said the company isn't planning to force employees back to the office. He noted that most of Amazon's corporate workers are already on a hybrid scheme. Jassy noted that most Amazon corporate employees are working on a hybrid work schedule and that certain sections of the company, like its hardware and creative teams, are in the office more often, per CNBC. In contrast to Amazon's approach, other high-profile companies have required employees to report for work at their offices at least several days a week. Jassy had previously called off Amazon's company-wide plan to require corporate and tech workers to be in the office at least three days a week starting in January.

☆ Web3 is in chaos and metaverses are in their own walled gardens, says Randi Zuckerberg
▼ + stars: | 2022-08-18 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

The sister of Meta CEO Mark Zuckerberg was speaking at the Global Supertrends Conference 2022 on Wednesday. The Web3 is a hypothetical, future version of the internet based on blockchain technology — an "ideal utopia," said Zuckerberg. "In order to really unlock the potential [of Web3], we're going to need to figure out a system where there's interoperability. Going mainstreamHowever, according to Zuckerberg, that's easier said than done because no company running a metaverse right now wants to give up control or "share that ownership." She added that Web3 needs experts who have been involved in the global banking system and Web2 — the internet that we know today — to lend a "protective layer."

☆ Meta's limits on employee abortion conversations could easily backfire. Here's what leaders should do instead.
▼ + stars: | 2022-07-06 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +8 min

Meta is limiting employee conversations about abortion on its internal platforms. The policy at Meta removes public employee posts on the company's internal platform with keywords like "abortion" and "Roe v Wade." Meta allows employees to talk about the topic only in private forums with up to 20 people, the Times said. The tech behemoth isn't the first company to monitor and control employee conversation around political issues and face pushback for it. Hasnas said that a company shouldn't single out one issue as being off limits, and that all political issues require consistency.

☆ Elon Musk says he's 'up for' a cage match with Mark Zuckerberg. It's the latest jab in a nearly 7-year feud between the two CEOs.
▼ + stars: | 2021-01-10 | by ( Avery Hartmans | Grace Kay | ) www.businessinsider.com time to read: +1 min

There's no love lost between Elon Musk and Mark Zuckerberg. The CEOs have been feuding since 2016, when a SpaceX explosion destroyed a Facebook satellite. Since then, they've butted heads repeatedly and now they're threatening to face off in a cage match. For over six years, Elon Musk and Mark Zuckerberg have clashed over topics as varied as artificial intelligence and rockets. Even though both dabble in artificial intelligence and social media, and their companies have partnered in the past, it seems there's no love lost between Musk and Zuckerberg.

Persons: Elon Musk, Mark Zuckerberg, they've butted, Tesla, Meta —, Zuckerberg, Musk, Here's Organizations: Elon, SpaceX, Facebook, Morning Locations: Cambridge, Silicon

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