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"People have a lot of choices for how they want to spend their time, and apps like TikTok are growing very quickly," CEO Mark Zuckerberg said.

Average of $33 for a $50 gift. >> when a consumer takes advantage of free shipping, that cost, which is not free, has to be borne somewhere. and the only somewhere in the retail setting is in the price of the goods. >> reporter: the cost also extending to the environment. returns produce 5.8 billion pounds of waste in 2020. often those gifts you return don't even make it to the original store shelf, but rather end up in a warehouse like this where they're resold to third parties companies like b stock processing those unwanted items for some of the nation's largest retailers. now bracing for w...

Warehouse that process return products. we know what the return process looks likes here, what does it look like on your end there? >> reporter: i can tell you, it's busy. as you can probably hear behind me, we're talking about 6,000 pallets of returned items. two in three of americans plan to make a holiday return during this holiday season. that's not because people are ungrateful. it's because so many more people are doing online shopping, sending things back that don't fit or that they didn't get to experience themselves. but the thing is most of those returns don't end up back on the stor...

Weibo Corporation (NASDAQ:WB) has a beta value of 1.03 and has seen 1.1 million shares traded in the last trading session. The company, currently valued at $7.50B, closed the last trade at $31.36 per share which meant it gained $1.69 on the day or 5.70% during that session. The WB stock price is -10

Weibo Corporation (WB) is priced at $32.76 after the most recent trading session. At the very opening of the session, the stock price was $33.48 and reached a high price of $34.31, prior to closing the session it reached the value of $33.48. The stock touched a low price of $33.10.Recently in News o