Social media refers to digital platforms and applications for the creation, sharing, and exchange of user-generated content, ideas, and information. These platforms connect people, enabling them to interact, communicate, and build online communities. Popular social media sites include Facebook, X (Twitter), Instagram, LinkedIn, and TikTok, among others. Social media companies leverage their large user bases for potential advertising revenue, data-driven analytics, global marketing reach, and their role in driving digital innovation and social transformation.
Under EU antitrust regulations, Meta has proposed a solution: to display eBay product information, resulting in a nearly 10% surge in the latter's stock price.
On Wednesday Eastern Time, Meta announced that it will display eBay's product information on Facebook Marketplace in response to the European Union's antitrust ruling. The ruling imposed a fine of 0.798 billion euros on Meta, which has appealed the decision. After the news was announced, eBay's stock price surged over 13% during Regular Trading Hours.
U.S. stock market close: the three major indexes varied in performance; Huang Renxun's remarks caused a collapse in the Quantum Computing Sector.
① The Nasdaq China Golden Dragon Index fell by 0.67%, with most China Concept Stocks declining; ② Wildfires ravaged California, and Electrical Utilities provider Edison International fell by 10%; ③ Jensen Huang stated that a "very useful" quantum computer may take several decades to arrive; ④ Intel: will continue to focus on the independent graphics card market.
S&P 500 Positive for 'First Five Days,' Huang Sees Decades till Quantum | Wall Street Today
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