Archive for the ‘Social Networking’ Category

Chevy Chase Trust Holdings Inc. Purchases 35,903 Shares of Twitter Inc (NYSE:TWTR) – Riverton Roll

Chevy Chase Trust Holdings Inc. grew its position in Twitter Inc (NYSE:TWTR) by 5.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 645,524 shares of the social networking companys stock after acquiring an additional 35,903 shares during the period. Chevy Chase Trust Holdings Inc. owned 0.08% of Twitter worth $26,596,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Nuveen Asset Management LLC raised its position in Twitter by 17,011.6% in the 2nd quarter. Nuveen Asset Management LLC now owns 10,494,744 shares of the social networking companys stock worth $366,266,000 after purchasing an additional 10,433,413 shares during the last quarter. Renaissance Technologies LLC raised its position in Twitter by 331.4% in the 2nd quarter. Renaissance Technologies LLC now owns 7,337,600 shares of the social networking companys stock worth $256,082,000 after purchasing an additional 5,636,902 shares during the last quarter. Vanguard Group Inc. grew its holdings in Twitter by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 78,372,606 shares of the social networking companys stock worth $2,735,204,000 after acquiring an additional 1,510,879 shares during the period. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in Twitter by 23.1% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 5,919,539 shares of the social networking companys stock worth $206,592,000 after acquiring an additional 1,110,127 shares during the period. Finally, Nikko Asset Management Americas Inc. grew its holdings in Twitter by 44.0% during the 2nd quarter. Nikko Asset Management Americas Inc. now owns 3,168,974 shares of the social networking companys stock worth $110,597,000 after acquiring an additional 968,905 shares during the period. Institutional investors own 71.68% of the companys stock.

Shares of NYSE TWTR opened at $31.17 on Friday. The firm has a market cap of $24.20 billion, a PE ratio of 56.67, a PEG ratio of 0.53 and a beta of 0.58. The company has a current ratio of 8.69, a quick ratio of 8.69 and a debt-to-equity ratio of 0.28. Twitter Inc has a 1-year low of $26.26 and a 1-year high of $45.85. The company has a fifty day moving average price of $32.72 and a 200 day moving average price of $37.72.

Twitter (NYSE:TWTR) last announced its earnings results on Thursday, October 24th. The social networking company reported $0.17 earnings per share for the quarter, topping the Zacks consensus estimate of $0.10 by $0.07. The firm had revenue of $824.00 million during the quarter, compared to analyst estimates of $875.21 million. Twitter had a net margin of 47.67% and a return on equity of 6.07%. The companys revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.21 EPS. Equities research analysts forecast that Twitter Inc will post 2 EPS for the current year.

In related news, VP Matthew Derella sold 4,668 shares of the companys stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $39.68, for a total value of $185,226.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Ned D. Segal sold 8,000 shares of the companys stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $29.36, for a total transaction of $234,880.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 99,950 shares of company stock valued at $3,576,078. Company insiders own 2.65% of the companys stock.

A number of analysts have commented on TWTR shares. Canaccord Genuity lowered their target price on shares of Twitter from $46.00 to $35.00 and set a hold rating for the company in a report on Thursday, October 24th. They noted that the move was a valuation call. Cowen set a $41.00 target price on shares of Twitter and gave the stock a hold rating in a report on Monday, October 21st. Susquehanna Bancshares set a $34.00 target price on shares of Twitter and gave the stock a hold rating in a report on Friday, October 25th. Stifel Nicolaus lowered their target price on shares of Twitter from $37.00 to $33.00 and set a hold rating for the company in a report on Friday, October 25th. Finally, Wedbush reaffirmed a hold rating and set a $34.50 target price (down previously from $42.00) on shares of Twitter in a report on Friday, October 25th. Five investment analysts have rated the stock with a sell rating, twenty-five have given a hold rating and eleven have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of $37.24.

Twitter Company Profile

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.

See Also: Stock Symbols and CUSIP Explained

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Chevy Chase Trust Holdings Inc. Purchases 35,903 Shares of Twitter Inc (NYSE:TWTR) - Riverton Roll

Illicit trade of Southeast Asian otters via social networking sites on the rise – The Japan Times

NAKHON SI THAMMARAT, THAILAND Social media is increasingly being used as a means of smuggling endangered otters, and Thai authorities say this is making it difficult to crack down on secret networks.

Illicit trade in the Asian small-clawed otter, an animal that has seen booming demand as pets in Japan, has been on the rise.

Police in Phatthalung province in southern Thailand arrested two people in connection with a recent investigation, including a 27-year-old man who admitted in late October to trying to smuggle otters inside cardboard boxes.

Authorities said 18 of the otters, including 11 newborns each with a street value of 3,500 baht (12,600) were discovered in a clothing shop run by the man. The suspect also admitted to smuggling such otters in the past.

Calls for preserving rare species of animals are increasing worldwide. A ban on the international commercial trade of the otters found in Southeast Asia, designated as a species threatened with extinction, took effect Tuesday under the Convention of International Trade in Endangered Species of Wild Fauna and Flora.

In Thailand, unauthorized trading and possession of the fish-eating mammals is banned, but demand for them as pets remains strong.

With some fetching over 1 million each in Japan, smuggling has increased sharply, prompting Thai authorities to heighten surveillance on the trade.

Otter cafes have been springing up across Japan, with one in Tokyos Ikebukuro district reportedly keeping about 15 otters imported legally from Indonesia.

A Japanese man who operates an otter cafe in Tokyo and another in Fukuoka, said he has been approached a number of times about purchasing the animals.

In summer 2018, he contacted authorities about a man who tried to sell him two emaciated otters. The police eventually arrested the man on suspicion of smuggling them.

According to Traffic, a wildlife trade watchdog, a total of 59 otters smuggled from Southeast Asia were taken into protective custody between 2015 and 2017, of which 32 were headed to Japan.

Indeed, social networking sites have become the main conduit for smuggling activities, according to Thai authorities.

In the Phatthalung case, a police officer posing on Facebook as a customer was able to gather enough information to result in the two arrests.

But an official in charge at the Department of National Parks, Wildlife and Plant Conservation in Thailand suggested the case is simply the tip of an iceberg.

This is not even close to a full-scale investigation of the illicit trading of otters, the official said.

One of the men who was arrested admitted that he had been asked by unknown customers to find otters and procured them via unknown suppliers, reaching out to people on social media. He planned to ship most of the animals to Bangkok.

The plan may have been to resell the otters and ship them abroad from Bangkok, but because smuggling networks are loosely connected and many participants use fake names on social media, investigations often hit a dead end.

In Thailand, otters inhabit the southern region, including Nakhon Si Thammarat, where they come to feed in fish-breeding ponds. But a 54-year-old neighborhood resident said the number of otters has recently dropped considerably due to habitat loss caused by the expanding construction of houses.

As a result, illicit trading in bred otters is increasing due to the decreasing population of wild otters. There must be secret breeding places, but we cannot pinpoint them, a senior official at the wildlife conservation department said.

A group dubbed the society of otter owners has a page on Facebook. After a series of email exchanges, it admitted that it breeds the animals in Malaysia and sells them for 2,500 baht (9,000) each in Thailand.

Thailand has extended the maximum prison term for illicit trading of endangered animals to 10 years from four the strongest evidence the Thai government is serious about stamping out the trade.

Asked if the group is concerned about the Thai government stepping up efforts to crack down on otter smuggling, it responded, There is a mountain of deals unknown to authorities, and it is impossible to eliminate smuggling.

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Illicit trade of Southeast Asian otters via social networking sites on the rise - The Japan Times

Social Networking Market 2019 to Witness Lucrative Growth in Coming Years with Top Key Players: Facebook Inc.,Flickr – 5Gigs News

New York City, NY: November 26, 2019 Published via (Wired Release)The Social Networking Market 2019 gives significant data on premium appraisals, promotes designs and smaller scale and full-scale pointers. The report shows the factors that are driving and controlling the excitement for the Social Networking market. Also, the investigation highlights current market slopes and gives a conjecture. Our report on Social Networking Market additionally studies about future examples in the business that will influence the enthusiasm during the gauge time span. [Social Networking Markets Free Sample Report]

The report is all around made by considering its basic data in the general Global Social Networking Market 2019, the fundamental parts responsible for the enthusiasm for its things and organizations. Our best specialists have reviewed the Social Networking Market report with the reference of inventories and data given by the key players;Facebook Inc., Flickr, Google Inc., Instagram, LinkedIn Corporation, Meetup, MeetMe Inc., Pinterest,, Tumblr Inc., Twitter Inc.

Post_Title Market Forecast (2019-2028):

Key Data (Revenue): Market size, market share, growth rate, growth, product sales price, and opportunity.

Growth opportunities: Analysis on growth opportunities in different applications and regions in the Industry

Trend and forecast analysis: Market trend, forecast and analysis to 2028 by segments and geographical regions.

Key examination: This remembers new product development and aggressive scene for the worldwide Social Networking

Segmentation analysis: Global market size by various applications such as product, material, shape, and end-use in terms of value and volume shipment

Market Size Forecast: market segmented by overall size, by type/product category, by applications/end users, by regions/geography.

Division examination: Global market size by different applications such as product, material, shape, and end-use in terms of value

Regional analysis: Market Breakdown by North America, Europe, Asia Pacific, and the Rest of the World

Segmentation Analysis by Device, And Region-

Global social networking market segmentation by of device:Desktop computersMobile devices

There are 15 Chapters to deeply display the global Social Networking market.

Chapter 1, to describe Social Networking Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Social Networking, with sales, revenue, and price of Social Networking, in 2016 and 2019;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2019;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Social Networking, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, Social Networking market forecast, by regions, type and application, with sales and revenue, from 2019 to 2028;

Chapter 13, 14 and 15, to describe Social Networking sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Inquire/Speak To Expert for Further Detailed Information About Social Networking Report:https://marketresearch.biz/report/social-networking-market/#inquiry

At the Last, the Social Networking industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publishers disclaimer.

We can also provide individual chapter wise or region wise section report version like North America, Europe or Asia, Latin America Middle East & Africa according to your requirement.

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Social Networking Market 2019 to Witness Lucrative Growth in Coming Years with Top Key Players: Facebook Inc.,Flickr - 5Gigs News

Sacha Baron Cohen Bursts Out On Social Media, Rips Of The Social Networks – The Digital Weekly

Sacha Baron Cohen is bursting out on social media because it appears on a long list of complaints including developing tricks and bogus data. In an address at the Anti-Defamation Leagues Never Is Now Summit on Anti-Semitism and Hate, the 48 years old entertainer ripped into social networks and more tech titans for their loss of ordinances on abhorrence address and intrigue.

Cohen told to praise that all this animosity and intensity is being promoted by some of the internet corporations that amount to the biggest promotion device in antiquity.

The social networking sites like Facebook, YouTube, Twitter, and many more the subroutine these platforms based on independently expand the standard of content that holds users to busy, stories that activate abuse and anxiety.

Source: The Verge

Further, he told, We have lost, it looks, knowledge of basic truths upon which capitalism depends When, gratitude to social media, tricks take hold, it is more simple for aversion groups to recruit, easier for foreign statistics agencies to intervene in our ballots.

Cohen got the ADLs International Leadership Award throughout the event. Cohen confers instances from earlier comedic performances to show his carriage, describing a time when he was capable to persuade a personality to seek and hurt others depends on fake reports.

Voltaire was right when he stated, Those who can make you believe foolishness can make you commit crimes. And social media lets authoritarians push foolishness to billions of people, he stated, including that steps social media organizations have made to overcome enmity and intrigues have been largely cosmetic.

Cohen made a major re-consider of social media, and how it flattens disgust, tricks, and myths. He also explicitly called out Facebook CEO Mark Zuckerberg. Cohen stated that this is not about restricting anyones unfettered address.

This is about providing the public, comprise few of the most wicked people on the world, the largest platform in antiquity to approach a third of the planet.Liberty of speech is not the liberty to reach.

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Sacha Baron Cohen Bursts Out On Social Media, Rips Of The Social Networks - The Digital Weekly

Army Secretary expects briefing on possible TikTok vulnerabilities by year-end as US keeps pressure on China tech – CNBC

The U.S. Army is still reviewing whether the popular social-networking app TikTok, which it has used for recruitment, poses a data security or intelligence risk because of its Chinese ties.

The Army stopped allowing soldiers to use TikTok "immediately" when a possible national security issue was brought to the attention of Army Secretary Ryan McCarthy earlier this year, he told CNBC's Morgan Brennan during an interview on CNBC's Squawk Alley on Tuesday.

"We've begun a review with Army Cyber Command on the potential vulnerabilities associated with that app," McCarthy said. He said he expects to receive a brief on any vulnerabilities associated with TikTok "right around the Christmas holiday."

The app, which allows users to create short videos, is very popular with young adults including those at a prime age for military recruitment and service the majority of TikTok's approximately 750 million users are under 30. In addition to ending the app-based recruitment push, the Army asked soldiers to discontinue use of the app, because of concerns related to TikTok's China-based parent company ByteDance and uncertainties about how the app may share information with the Chinese government.

TikTok CEO Alex Zhu told The New York Times in November that if asked by China President Xi Jinping to hand over user data, "I would turn him down." However, TikTok declined an invitation to testify at a recent congressional hearing on app security.

Sen. Chuck Schumer (D-NY) has called for an investigation into the Army's use of TikTok, and Sen. Josh Hawley (R-MO) has proposed a bill that would forbid the app and other tech companies like Apple and Google from storing the data of U.S. citizens in China.

The U.S. has been cracking down on a wide range of China-based technology firms despite ongoing protests from those companies, which include artificial intelligence and surveillance giants, as well as China's largest equipment manufacturers Huawei and ZTE.

Companies with Chinese investors are also facing a possible money crunch, as the Treasury Department's Committee on Foreign Investment in the United States (CFIUS) has been working to significantly expand its review process to include businesses in technology, infrastructure and sensitive personal data.

If approved, the new review process would be implemented in February 2020, according to the Treasury Department. As proposed, the rules would define "sensitive personal data" as wide-ranging personal information on more than 1 million users, that could "be used to analyze or determine an individual's financial distress or hardship," or relates to "the physical, mental, or psychological health condition of an individual," among numerous other qualifiers.

CFIUS has contacted TikTok's Chinese parent, Bytedance, over concerns that its acquisition of social media app Musical.ly poses a national security risk, people familiar with the situation have told CNBC.

An adverse CFIUS review can have significant implications for any company that takes money from China-based firms, including giving the U.S. power to block, modify or unwind financial transactions and investments.

Follow @CNBCtech on Twitter for the latest tech industry news.

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Army Secretary expects briefing on possible TikTok vulnerabilities by year-end as US keeps pressure on China tech - CNBC