Facebook, Inc. (NASDAQ:FB) to close at $139.84 by are knocking down -0.11% with session volume was recorded 20.49 Million. European consumer protection authorities will ask social media companies Facebook, Alphabet Inc and Twitter to amend their terms of service within one month or possibly face fines, a source familiar with the matter said on Thursday.
The company’s proposed some ways to resolve the issues and discussed them with the authorities on Thursday, the person said, adding that the meeting was constructive. The source was not authorized to speak to the media and requested anonymity. US technology companies have faced tight scrutiny in Europe for the way they do business, from privacy to how quickly they remove illegal or hateful content.
The authorities sent letters to the companies in December saying that some of service terms broke European Union consumer protection law and that they needed to do more to tackle fraud and scams on their websites. As concerns of stock price volatility, it was 0.68% for a week and 0.99% for a month.
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Alphabet Inc. (NASDAQ:GOOGL) considered as an active stocks in active lead, shares an increase 0.27% to $872.37 as Outside of the Allo app and the Google Home speaker, the Google Assistant was exclusive to Pixel phones. The company however recently decided to make it accessible on all smartphones running Android Marshmallow and up. While the fine print didn’t say that tablets would be getting support, users assumed that any device running on Android Marshmallow and upwards with Google Play Services should be able to get Assistant.
However, Google has now confirmed that tablets won’t be getting Google Assistant, and the support is only exclusive to phones. Furthermore, a separate report claims that Google Assistant is now serving ads, and one such instance was found on Google Home where it randomly spoke about the movie Beauty and the Beast out of context while narrating the day’s summary.
The share price volatility always attracts active investors, as stock price of weekly volatility recorded 0.78% and monthly volatility was 0.83%. The firm is ahead its 52-week low of 29.69% and going down from its 52-week high price of -0.04%.
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The Goldman Sachs Group, Inc. (NYSE:GS) walks on mix trends in market as shares declined -1.72% to at $243.94 having average volume of 3530.21. Goldman Sachs (GS) chief Lloyd Blankfein saw a few million shaved off his paycheck. The New York banking giant reduced Blankfein’s annual compensation 27 percent, according to a recent proxy filing. Goldman (NYSE:GS) awarded its 62-year-old CEO $22 million for 2016. That breaks down to about $16 million in performance shares, with $4 million in cash bonuses, plus an additional $2 million salary.
The news comes on the heels of Goldman’s redesigned compensation structure, Bloomberg declared. Last year, investors urged the bank to change its long-term incentive package to reflect the bank’s relative performance. Proxy adviser Glass Lewis & Co. declaredly raised concerns about the incentive plan in a 2016 report, believing the “design and lack of transparent disclosure” could “generate excessive payouts.” The stock held beta value of 1.52, while return on equity ratio was 9.40%.
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