Live Breaking News & Updates on Facebook cl a

Stay informed with the latest breaking news from Facebook cl a on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Facebook cl a and stay connected to the pulse of your community

U.S. Finds European Digital Taxes Discriminatory. A Decision on Tariffs Rests With Biden.

What’s new. The USTR said late on Thursday that it found the digital service taxes in the U.K., Spain, and Austria to be discriminatory against U.S. companies and “inconsistent with prevailing principles of international taxation.”
“The taxation of companies that engage in international trade in goods and services is an important issue,” said Robert Lighthizer, the U.S. Trade Representative. “The best outcome would be for countries to come together to find a solution.”
No actions will be immediately taken on the taxes, which the USTR said burden or restrict U.S. commerce, as investigations continue into similar taxes in the European Union, the Czech Republic, Brazil, and Indonesia. The office said it will keep evaluating all available options, which could include tariffs on imports.

India , White-house , District-of-columbia , United-states , Brazil , Italy , Czech-republic , Austria , Indonesia , Spain , France , Turkey

John Deere Highlights New Tech Via Oculus VR at Virtual CES

Order Reprints
Text size
The John Deere logo is seen on a riding mower steering wheel
Justin Sullivan/Getty Images
John Deere
is showing off technology that has the potential to rival the significance of its original innovation—the steel plow, which brought the company commercial success in the 19th century. Deere’s latest gear could offer a similar lift today.
Deere (ticker: DE), founded in 1837, demonstrated its new technology with a different piece of cutting-edge equipment: Oculus VR goggles from
Facebook
(FB). The goggles are required because this year’s Consumer Electronics Show—the annual Las Vegas shindig—is all virtual during the pandemic.

United-states , America , American , Jahmy-hindman , John-deere , Justin-sullivan-getty , Las-vegas , Agriculture-department , Consumer-electronics-show , Getty-images , Global-positioning-system , Dow-jones-industrial-average

Repealing 'Section 230' Portion of Internet Law Would Be Terrible For Airbnb. Here's Why.

Dreamstime
The escalating furor about the role of social media in radicalizing the Far Right supporters of President Trump has shed renewed focus on potential reform of Section 230, the provision of federal law that protects online companies from being sued for content created by third parties on their platforms.
Elimination of Section 230 protections certainly would have ramifications for
Facebook
(FB) and Google’s
Alphabet
(GOOGL)—but it would also cause disruption for a wide range of Internet businesses that rely on user-generated content.
In a research note on Monday, Gordon Haskett analyst Robert Mollins makes this exact point in regard to

Gordon-haskett , Ericj-savitz , Robert-mollins , Joe-biden , Twitter , Communications-decency , Far-right , President-trump , President-elect-joe-biden , Communications-decency-act , Lodgings-restaurants-bars , Lodgings

Global Markets Inch Higher as U.S. Political Climate Pressures Stocks

Nasdaq Composite
gained 0.3%. The small-cap
Under the surface, the S&P 500 energy sector closed up 3.6%, financials gained 1.1%, and consumer discretionary stocks added 1.5%. Defensive utilities and health care fell 0.6% and 1.1%, respectively, while technology stocks lost 0.5%. That dynamic has more or less prevailed since the fall.
Fourth-quarter earnings season begins later this week, with several large banks kicking things off as usual. Wall Street expects S&P 500 earnings to be 12% lower in the final three months of 2020 versus the same period in 2019, according to data from Bloomberg. Sales are expected to decline 6%.
The scrutiny will be much higher for defensive and relatively pandemic-proof sectors like consumer staples or technology. Those companies’ fundamentals have held up or improved during the pandemic, and investors will want to see that continuing in the fourth quarter. For the cyclical and economically sensitive companies that have led the market since the fall, some signs of progress or optimistic management commentary about the post-pandemic future should suffice.

Tokyo , Japan , Shanghai , China , London , City-of , United-kingdom , Frankfurt , Brandenburg , Germany , Donald-trump ,

Zoom Aims to Raise $1.5 Billion Through Stock Offering

Updated Jan. 12, 2021 10:52 am ET
Zoom Video Communications Inc. plans to raise $1.5 billion through what would be its largest stock offering since its trading debut in 2019.
The San Jose, Calif.-based company, whose videoconferencing platform has become a pandemic essential, on Tuesday also said it expects to grant its underwriter a 30-day option to buy up to an additional $225 million of Class A shares at the public offering price, less underwriting discounts and commissions.
Founded in 2011, Zoom raised $447.9 million in net proceeds through its initial public offering, according to one of its quarterly filings in 2019. Its shares rose 0.4% Tuesday and have surged over the past year as homebound workers and students have been using the company’s services during the coronavirus pandemic.

Kelly-steckelberg , Video-communications-inc , Facebook-inc , Microsoft-corp , Zoom-video-communications , San-jose , Chief-kelly-steckelberg , Computers-consumer-electronics , Software , Applications-software , Communications-software , Computing

Why Was Parler Shut Down? Here's Why the Social Network Is Offline

The social-media service popular among Trump backers was taken offline after several vendors it relied on to operate ceased providing support, saying the service violated their content-moderation rules.

Sean-hannity , Alex-jones , Twitter , Facebook , Wall-street , President-trump , Retail-wholesale , Etailing , E-commerce , Online-service-providers , Retail , Technology

Dow Jones Industrial Average Rose 60 Points, but Investor Optimism Is Bigger

Investor optimism now rests more fiscal stimulus—in addition to the $900 billion on the way—which can further boost consumer spending. Bulls also hope for billions of doses of Covid-19 vaccines to be distributed throughout the year, which would reopen the economy and potentially catalyze the unleashing of that spend. But stocks have risen significantly of late even though they are trading at lofty levels, not an unheard-of dynamic.
With the absence of any major or macro developments to move stocks ahead Monday, TD Ameritrade’s chief market strategist offered some explanation. “People are anticipating a good earnings season and the market is overall kind of ignoring the Washington drama,” J.J. Kinahan wrote in a blog post.

Occidental-petroleum , Nasdaq , Dow-jones-industrial-average , Nasdaq-composite , Energy , Crude-oil-natural-gas-upstream-operations , Crude-petroleum-extraction , Trusts-funds-financial-vehicles , Natural-gas-oil-extraction , Financial-services , Fossil-fuels

U.S. Stock Futures Slide on New Risks

Updated Jan. 11, 2021 4:35 pm ET
A slide in shares of technology giants weighed on the broader market Monday as investors grew wary of the potential for heightened regulation tied to the market’s most enduring winners.
The S&P 500 declined 25.07 points, or 0.7%, to 3799.61 after hitting a record on Friday. The tech-heavy Nasdaq Composite dropped 165.54 points, or about 1.3%, to 13036.43. The Dow Jones Industrial Average shed 89.28 points, or 0.3% to 31008.69.
Tech heavyweights underperformed the broader market as they slashed access to some of President Trump’s favorite megaphones after the storming of the Capitol by his supporters. The riot, planned and discussed on social media, is expected to spur Congressional efforts to regulate big tech. Facebook has indefinitely suspended President Trump, while Apple , Amazon.com and Alphabet ’s Google retracted support for the social-media app Parler.

Washington , United-states , Nancy-pelosi , Dow-jones-industrial-average , Democrat-controlled-congress , House-speaker-nancy-pelosi , President-trump , Stock-market-today , Wall-street , Stock-market-news , Markets-today

Twitter Shares Set to Start Week With Losses After Trump Ban

Stock in Facebook, which banned the president for the rest of his term last week, was down less sharply.

United-states , America , American , Michael-hewson , Donald-trump , Melania-trump , Joe-biden , Instagram , Twitter , Facebook , President-donald-trump , Capitol-hill

Apple Threatens to Ban Parler After Capitol Riot

Google Pulls Parler as Apple Threatens the Same in Wake of Capitol Riot
Tech giants say some content hosted in app seeks to incite violence in violation of rules
Parler CEO John Matze said the social-media network believes its existing rules against incitements to violence meet Apple’s standards.
Photo:
Bridget Bennett for The Wall Street Journal
By
Updated Jan. 8, 2021 11:45 pm ET
Alphabet Inc.’s Google late Friday suspended Parler, a free-speech focused social-media network favored by conservatives, from its app store, and Apple Inc. threatened to do the same in the wake of the U.S. Capitol riot.
Google said it acted because of “continued posting in the Parler app that seeks to incite ongoing violence in the U.S.,” which violated its requirements for sufficient moderation of egregious content for apps it distributes. A company representative said Parler would remain suspended until it addressed the issues “in light of this ongoing and urgent public safety threat.”

Washington , United-states , Gabby-jones-bloomberg , John-matze , Jeff-horwitz , Tim-higgins , Dow-jones-company-inc , Facebook , Apple-inc , Gab-ai-inc , Bloomberg-news , Wall-street-journal