Mark Zuckerberg's call for tougher Internet regulation won't save Facebook from these investigations
Under CEO James Gorman, Morgan Stanley has emphasized its wealth management division, a far steadier business than its trading operations.
Raymond James upgraded Apple and said its most recent checks show Apple is preparing to bring a 5G iPhone to a wider range of models than previously thought.
Barr and Ross had defied Democrats' subpoenas for information about the Trump administration's efforts to add a citizenship question to the 2020 census.
Facebook CEO Mark Zuckerberg backed stronger government regulation of the Internet on Saturday, but it may be too little too late for a company that remains mired in controversy and subject to investigations and possible fines around the world. It's been over a year since the public learned that a U.K.-based political consulting firm called Cambridge Analytica exploited Facebook's business model to influence the U.S.
Though Facebook's top executives were hauled in to face critical congressional leaders, its users and investors don't seem to care.
Facebook also met analysts' expectations for daily and monthly active users, which clocked in at 1.52 billion and 2.32 billion, respectively.
There are several agencies thought to be still investigating or charging Facebook over its data practices, although several agencies declined to confirm the status of their investigations.
The Securities and Exchange Commission and the Federal Bureau of Investigation both began probing Facebook last year following the Cambridge Analytica reports, Facebook confirmed in July after the Post reported their involvement.
"There is no effective consent to the users' information being collected if their consent is a prerequisite for using the Facebook.com service in the first place," the case summary stated.
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