Archive for the ‘Social Networking’ Category

Twitter (NYSE:TWTR) PT Lowered to $36.00 at Citigroup – Riverton Roll

Twitter (NYSE:TWTR) had its price target cut by Citigroup from $45.00 to $36.00 in a research report report published on Wednesday, December 18th, BenzingaRatingsTable reports. They currently have a neutral rating on the social networking companys stock.

A number of other research analysts have also recently weighed in on the stock. Pivotal Research reaffirmed a buy rating and issued a $35.00 price objective on shares of Twitter in a report on Thursday, October 24th. Jefferies Financial Group reaffirmed a hold rating and issued a $38.00 price objective (down previously from $44.00) on shares of Twitter in a report on Friday, October 25th. Mizuho cut their price objective on shares of Twitter from $35.00 to $31.00 and set an underperform rating for the company in a report on Friday, October 25th. Macquarie cut their price objective on shares of Twitter from $43.00 to $36.00 and set a neutral rating for the company in a report on Friday, October 25th. Finally, Robert W. Baird cut their target price on shares of Twitter from $40.00 to $39.00 in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a sell rating, twenty-five have given a hold rating and eleven have given a buy rating to the companys stock. Twitter currently has a consensus rating of Hold and a consensus target price of $36.36.

NYSE TWTR traded down $0.44 on Wednesday, reaching $32.78. 11,149,154 shares of the companys stock traded hands, compared to its average volume of 12,626,526. Twitter has a fifty-two week low of $28.63 and a fifty-two week high of $45.85. The company has a debt-to-equity ratio of 0.28, a quick ratio of 8.69 and a current ratio of 8.69. The stock has a 50 day moving average price of $31.30 and a 200-day moving average price of $36.52. The firm has a market cap of $25.66 billion, a price-to-earnings ratio of 59.60, a P/E/G ratio of 2.66 and a beta of 0.57.

Twitter (NYSE:TWTR) last released its quarterly earnings data on Thursday, October 24th. The social networking company reported $0.17 earnings per share for the quarter, beating analysts consensus estimates of $0.10 by $0.07. Twitter had a net margin of 47.67% and a return on equity of 6.07%. The company had revenue of $824.00 million during the quarter, compared to analysts expectations of $875.21 million. During the same quarter in the previous year, the company earned $0.21 earnings per share. The firms revenue for the quarter was up 8.7% on a year-over-year basis. As a group, equities research analysts anticipate that Twitter will post 1.98 EPS for the current fiscal year.

In other Twitter news, CAO Robert Kaiden sold 9,685 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $29.72, for a total transaction of $287,838.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Vijaya Gadde sold 8,332 shares of the stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $39.66, for a total transaction of $330,447.12. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 70,993 shares of company stock worth $2,211,668. Company insiders own 2.65% of the companys stock.

A number of institutional investors have recently added to or reduced their stakes in the business. E&G Advisors LP acquired a new stake in Twitter during the 4th quarter worth approximately $266,000. Addison Capital Co lifted its holdings in Twitter by 1.6% during the 4th quarter. Addison Capital Co now owns 112,877 shares of the social networking companys stock worth $3,618,000 after buying an additional 1,750 shares in the last quarter. Sanders Morris Harris LLC acquired a new stake in Twitter during the 4th quarter worth approximately $1,841,000. Carroll Financial Associates Inc. lifted its holdings in Twitter by 238.5% during the 4th quarter. Carroll Financial Associates Inc. now owns 1,706 shares of the social networking companys stock worth $54,000 after buying an additional 1,202 shares in the last quarter. Finally, Accurate Investment Solutions Inc. lifted its holdings in Twitter by 2,012.0% during the 4th quarter. Accurate Investment Solutions Inc. now owns 2,112 shares of the social networking companys stock worth $68,000 after buying an additional 2,012 shares in the last quarter. Institutional investors own 71.67% of the companys stock.

About Twitter

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter, a platform that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.

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Twitter (NYSE:TWTR) PT Lowered to $36.00 at Citigroup - Riverton Roll

Why everyones talking about Facebooks deepfake ban – The Week UK

Facebook has announced plans to remove any videos doctored using artificial intelligence (AI) from its social networking platforms ahead of the upcoming US presidential election.

The videos, known as deepfakes, are modified to look real and have been shown to be highly convincing and difficult to debunk online.

In a blog postthis week, Facebook admitted thatdeepfakes present a significant challenge to technology and social networking sites, but promised to tackle all types of manipulated media.

Deepfakes are videos in which AI has been used to superimpose the face of a person onto the body of another.

The controversial practice first made headlines in 2017, when internet users published pornographic videos featuring the likenesses of female celebrities including Taylor Swift and Katy Perry.

Most of the sites hosting the videos subsequently removed the content and banned them from their platforms, but fake footage featuring high-profile figures from a variety of different fields has continued to spread online.

While these videos are still rare on the internet, they present a significant challenge for our industry and society as their use increases, writes Monika Bickert, vice president of global policy management at Facebook, in the blog post.

The social media giant, which also owns Instagram, has pledged to removed doctored videos if it wasnt obvious to an average person that they have been edited, or if they give a false impression that the subject of the video has said or done something that they have not.

There are people who engage in media manipulation in order to mislead, warns Bickert in the blog.

Banning deepfake videos is part of Facebooks attempts to get ahead of a wave of new misleading media and content expected to be shared in the run-up to the election in the US in November.

Some critics argue that Facebooks new policy does not go far enough. For instance, the ban on deepfakes will not apply to videos deemed to be parody or satire.

The social network was criticised last summer for refusing to remove a viral video of US House of Representatives Speaker Nancy Pelosi that was doctored to make it sound like she was drunkenly slurring her words.

In a statement toReuters this week, Facebook said: The doctored video of Speaker Pelosi does not meet the standards of this policy and would not be removed. Only videos generated by artificial intelligence to depict people saying fictional things will be taken down.

So-called shallow fakes videos made using conventional editing tools and not edited by AI will also still be allowed.

To date, there have been no major examples of deepfake content being uploaded to Facebook platforms that would break the new rules.AsThe Guardiannotes, themost damaging examples of manipulated media in recent years have tended to be created using simple video-editing tools.

But computer scientist William Tunstall-Pedoe, whose AI companyEvi invented the technology behindAmazons Alexa, told the BBC that Facebook deserved credit for trying to tackle the difficult area.

The fact the video is fake and intended to be misleading is the key thing for me, he said. Whether sophisticated AI techniques are used or less sophisticated techniques isnt relevant.

The multinational is still dealing with the fallout of being accused of allowing the spread of disinformation during the 2016 presidential election and the 2018 US midterms.

AndFacebooks reputation has taken a furtherhit from its involvement in the Cambridge Analytica data harvesting scandal and controversies over targeted political advertising.

The resulting pressure from lawmakers, journalists and activists to crack down on the spread of misleading or false information may be a major factor in the new ban on deepfakes.

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Why everyones talking about Facebooks deepfake ban - The Week UK

WhatsApp to stop working on millions of smartphones – 9News

Popular messaging service WhatsApp will soon stop working on millions of smartphones.

From February 1, older operating systems on Apple and Android devices will no longer be supported by the hugely-popular app.

iPhone users running on iOS 8 or earlier and Android customers with versions 2.3.7 and older will be locked out next month.

This comes after WhatsApp stopped working on all Windows Phone operating systems on December 31.

If users want to save their data before they are locked out of the app, they need to go to 'Group Info' and 'Export Chat'.

WhatsApp is owned by Facebook, who paid A$27 billion (US$19 billion) for the messaging service in 2014.

In a blog post titled "A Privacy-Focused Vision for Social Networking" published in March 2019, Facebook founder Mark Zuckerberg wrote about his intention to integrate Instagram direct messages, Facebook Messenger and WhatsApp.

"In a few years, I expect future versions of Messenger and WhatsApp to become the main ways people communicate on the Facebook network," Zuckerberg wrote.

"We're focused on making both of these apps faster, simpler, more private and more secure, including with end-to-end encryption."

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WhatsApp to stop working on millions of smartphones - 9News

Fishbowl Raises $5.3m to Grow Its Social Network of Conversing Professionals – Bend Bulletin

NEW YORK, Jan. 6, 2020 /PRNewswire/ --Fishbowl, a social network upstart that has hundreds of thousands professionals chatting daily about their work lives, has today announced $5.3 million in Series A financing. This brings its total funding raised to $7.5M. This round was led by GGV Capitalwith Alex Zhu, Head of TikTok, also participating in the round.Hans Tung, managing partner, GGV Capital, joined the board of directors.

Fishbowl is tackling existing professional networking platforms like LinkedIn head-on, which prioritize building a rolodex of connections over creating conversations between users.Fishbowl empowers professionals to congregate online across industries, and to have candid and open conversations with others in their field and company. CEOs of Fortune 500 companies, widely recognized industry thought leaders, and junior analysts are all frequent users of Fishbowl.

Fishbowl has seen tremendous adoption in the advertising, consulting, and accounting industries, to which it rolled out exclusively. Within these industries, Fishbowl has become a place for young professionals to engage C-Suite leaders on topics important to them, and for marginalized groups to congregate and support one another.

Following its Series A round, Fishbowl will utilize funding to expand its reach across industries, with plans to open up to professionals in the law, entertainment, healthcare, and tech verticals. Fishbowl will be launching to professionals working in law in January of 2020. Most recently, Fishbowl launched to the education community, creating a channel specific to kindergarten through grade 12 teachers and educators in the U.S.

On competitors in the space, Fishbowl's CEO & Co-founder Matt Sunbulli says, "Current professional networks lack a space where users can share moments and candid thoughts from their work lives in the same way they do with their personal lives. We want to change how professionals converse with one another within companies and industries to create community and transparency that leads to positive change."

"As digital natives, Millennials and Gen-Z want to build more meaningful relationships and share all aspects of their lives in the workplace. The team at Fishbowl is taking professional social networks beyond old school rolodex to build relevance and community in a single product," said Hans Tung, GGV Capital Partner.

Fishbowl started with the mission of providing a platform for authentic conversations among professionalsafter the founders experienced the siloed culture and impact of big corporations. To date, Fishbowl has captured significant percentages of employees at brand name companies across industries, spanning all ranges of seniority. More than 75% of US professionals at Boston Consulting Group, and 40% of US professionals at the Advertising holding company, Publicis, for example, are registered on the platform. Users spend on average 15 minutes a day on the mobile app.

Fishbowl is currently accessible through its mobile app available on iOS and Android devices and is free for all users. Visit fishbowlapp.comfor more information and to join the community.

Media ContactMara Lecocqpress@fishbowlapp.com

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Fishbowl Raises $5.3m to Grow Its Social Network of Conversing Professionals - Bend Bulletin

Social Networking Sites Market Research Report By Drivers, Trends, Opportunities, Restraints Prediction To 2025 – Expert Recorder

ResearchMoz incorporate new survey report Global Social Networking Sites Market Size, Status and Forecast 2019-2025 to its immense accumulation of research reports of the market enlightening key forecast to 2025.

Summary of Market:The global Social Networking Sites Market is valued at xx million US$ in 2019 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

The full name is Social Network Site. Social Networking refers to the network of relationships between individuals. This kind of website based on the idea of social network relationship system is a social network website.

This report focuses on Social Networking Sites Market volume and value at global level, regional level and company level. From a global perspective, this report represents overall market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

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This Report Covers Leading Companies Associated in Social Networking Sites Market:

Facebook Google Tencent Sina Twitter Reddit InterActiveCorp Tumblr Yahoo LinkedIn Doraview Limited Mail.ru

On the basis of type/product,this report displays the sales volume, revenue (Million USD), product price, market share and growth rate ofeach type, primarily split into-

Entertainment Type Commercial Type

On the basis on the end users/applications,this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Social Networking Sites Market foreach application, including-

Large Enterprises(1000+ Users) Person Small Enterprises(1-499 Users)

Social Networking Sites Market Regional Analysis Includes:

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) North America (the United States, Mexico, and Canada.) South America (Brazil etc.) The Middle East and Africa (GCC Countries and Egypt.)

Ask Your Queries or Requirements at:https://www.researchmoz.us/enquiry.php?type=E&repid=2512376

Research objectives:

To study and estimate the market size of Social Networking Sites Market, in terms of value. To find growth and challenges for the global market. To observe worthwhile expansions including expansions, new services launches in worldwide industry. To conduct the pricing analysis for the global market. To classify and assess the side view of important companies of Global Social Networking Sites Market.

Key Questions Answered in the Report:

How is the Social Networking Sites Market expected toGrow In Terms Of Valueduring the study period? What are theCompetition Developments and Trendsin the Social Networking Sites Market? What are the underlyingMacro-Economic and Industry Factorsimpacting the growth of the Social Networking Sites Market? What are theKey Challenges, Opportunities, and Improvementsfaced by market players in the global Social Networking Sites Market?

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ResearchMozMr. Nachiket Ghumare,90 State Street,Albany NY,United States 12207Tel: +1-518-621-2074USA-Canada Toll Free: 866-997-4948Email: [emailprotected]Media Release: https://www.researchmoz.us/pressrelease

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Social Networking Sites Market Research Report By Drivers, Trends, Opportunities, Restraints Prediction To 2025 - Expert Recorder