Also on Monday, Facebook asked a judge to dismiss the Federal Trade Commission’s antitrust case. The incident happened the morning after former Facebook data scientist Frances Haugen told “60 Minutes” that the company deceived investors about working to curb hate, violence and misinformation. Facebook said in a statement: “We’ve been working as hard as we can to restore access, and our systems are now back up and running.” Instagram and WhatsApp were fully restored Tuesday, after widespread outages that cut off communications tools used by more than three billion people globally for several hours amid a selloff in big tech stocks.Ī misconfiguration of Facebook’s server computers may be to blame, the New York Times reported, citing security experts. *** Facebook, Instagram, WhatsApp Are Back Online
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Savitz, associate editor for technology at Barron’s, today at noon for a conversation with Microsoft chief marketing officer Chris Capossela, a 30-year veteran of the software giant. The big question is how much more pain the tech sector will endure before the Fed’s shifting policy is fully reflected. It takes time for financial markets to adjust to changing landscapes. Rising rates make bets on companies whose most lucrative days are far in the future less attractive. The Federal Reserve’s decision to put an end date on tapering-before it’s even started to reduce bond purchases-has started the clock on the timing of the first interest-rate hike. CNN Sans ™ & © 2016 Cable News Network.For investors, the bigger threat comes from rising interest rates. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC.
Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account The film, which has so far made $157 million worldwide, has stirred hope among theater owners that the rest of the year may bring a bit of normalcy back to their business. Marvel’s “Shang-Chi and the Legend of the Ten Rings” opened to $94 million in North America - a record for Labor Day weekend and one of the biggest debuts of the pandemic so far.
Will the ad’s message have that desired impact? Only time will tell, but theaters have a lot to be happy about following this weekend. Theater chains like AMC have tried to keep pace, but were hit particularly hard by the pandemic, which closed theaters for months and disrupted attendance.ĪMC’s campaign isn’t so much telling audiences to come back to the movies, or convey the safety of cineplexes during a turbulent time, but rather expresses that watching movies on a big screen is different from watching at home.
(DIS) to create streaming services and release more films online to compete with Netflix The rise of streaming has pushed traditional Hollywood studios like Disney Hollywood's shift to streaming is rewriting the script for stars' big paydays
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