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Facebook And Instagram's Marketplace Practices Under FTC Radar In South Korea For User Safety Slip-Ups
Friday, March 8, 2024 - 5:43am | 598South Korea’s antitrust watchdog is reportedly considering sanctions against Meta Platforms Inc. (NASDAQ:META) due to alleged shortcomings in consumer protection on its online marketplaces. What Happened: Reuters reported on Friday that Meta is reportedly under scrutiny by South Korea’s...
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Licensed Cultivator Selling Marijuana On Facebook Caught By Police, 22,000 Plants Destroyed
Wednesday, May 18, 2022 - 1:39pm | 298The Humboldt County Sheriff’s Office caught a licensed cannabis cultivator selling marijuana clones on Facebook's Marketplace to unlicensed buyers. The Sheriff’s Marijuana Enforcement Team (MET), according to a press release, conducted a compliance investigation on...
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Raymond James Upgrades Facebook Ahead Of Q1 Earnings
Wednesday, January 29, 2020 - 11:02am | 287Facebook, Inc. (NASDAQ: FB) is scheduled to report fourth-quarter results after Wednesday's market close which should come in ahead of expectations, according to Raymond James. The Analyst Aaron Kessler upgraded Facebook's stock from Outperform to Strong Buy with a price target lifted from...
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EBay Acquires Search Tech Company Corrigon Ltd
Thursday, October 6, 2016 - 3:34pm | 326Feeling some increased pressure from Facebook Inc (NASDAQ: FB)'s newly launch Marketplace this week, eBay Inc (NASDAQ: EBAY) took a step to improve its own marketplace with a new acquisition. The e-commerce pioneer has announced it has acquired Israel-based visual search engine company Corrigon for...
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EBay Makes A Quiet Acquisition To Add To Machine Learning Capabilities
Thursday, October 6, 2016 - 2:40pm | 344EBay Inc (NASDAQ: EBAY) has acquired privately-held tech company Corrigon for a price reportedly less than $30 million. Baird analyst Colin Sebastian sees the acquisition as an under-the-radar move to boost eBay’s machine learning capabilities. Corrigon specializes in visual search technology...
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Facebook Black Market? Apologies Already Needed For Marketplace
Tuesday, October 4, 2016 - 11:45am | 274Facebook Inc's (NASDAQ: FB) launch of Marketplace already has the company releasing an apologizing for a reported glitch in the system. Facebook users took to the new marketplace to list everything from guns and drugs, to animals and adult services. Think Craigslist on steroids. With 1.7...
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Craigslist Vs. eBay Vs. Facebook Marketplace
Monday, October 3, 2016 - 1:25pm | 371Facebook Inc (NASDAQ: FB) Marketplace understandably has eBay (NASDAQ: EBAY) investors spooked. Much like Apple Inc. (NASDAQ: AAPL), when Facebook enters your space, your days are numbered. Said to be a "friendlier Craigslist," 450 million people already utilize buy and sell groups on...
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eBay Sells Off After Facebook Launches Marketplace
Monday, October 3, 2016 - 11:51am | 303eBay Inc (NASDAQ: EBAY) shares were down about 2 percent as traders were alarmed by competitive threat from an unexpected quarter. Facebook Inc (NASDAQ: FB) is introducing Marketplace – a destination to discover, buy and sell items with people in your community. Now, isn't that...