For now, based solely on IBD's chart analysis, the AMD stock closed the day at an all-time high as investors cheered the news, which isn't surprising as the new business could significantly boost the chipmaker's growth in the long run. Let's see why the adoption of AMD's server chips by Meta is going to be a big deal. Japan's Subaru Corp on Thursday unveiled its first all-electric vehicle EV , the Solterra, the result of a two-year joint development project with its biggest shareholder, Toyota Motor Corp.
The sports utility vehicle SUV launch comes amid accelerating demand for EVs as nations around the world tighten environmental regulation to cut carbon emissions. This was on the back of a string of analyst downgrades of the space-tourism company's stock following Q3 results that were unveiled at the beginning of the week. Several analysts were quick to modify their views on Virgin Galactic stock after those results were published. These are likely to include roads and bridges, railways and waterways, the usual recipients of infrastructure largesse,.
The focus of China's Singles' Day shopping festival should shift from a "traffic and sales war" to one of science and technology, a state-backed newspaper said on Friday, describing the "worship of turnover" as incompatible with China's new development path.
The article in the Securities Daily comes a day after the annual shopping blitz spearheaded by Alibaba Group, which recorded The newspaper said the event had achieved many years of record breaking sales, but had also given rise to practices such as spam text messaging of users, unfair competition and merchants faking discounts.
The company plunges sharply into the red on the bottom line in its Q3, and misses analyst estimates. Dow Futures 35, Nasdaq Futures 16, Russell Futures 2, Crude Oil Gold 1, The business magazine placed Zuckerberg in 24th position in its annual world's most powerful people list in - up one place on the previous year. In , Zuckerberg aged just 23, was named the youngest ever self-made millionaire by Forbes. New Pew Research Center survey findings show that the average mean number of friends among adult Facebook users is and the median comes in at friends.
As Pew say: "In other words, half of all Facebook users have more than friends, and half have less than On the 9 April it was announced that Facebook had bought popular photo sharing app, Instagram.
The app which now also allows which now also allows users to post videos and share images directly boasts m active users. Facebook published its number of daily users in the UK for the first time in August and the figures showed that more than a third of the UK population were visiting the site every day.
Facebook first hit the one billion mark in October before crossing the two billion active user mark five years later in Despite having been launched in , Facebook remains one of the most downloaded apps in the world. By the end of , only TikTok beat Facebook in terms of the number of total downloads. According to appfigures data , TikTok recorded more than million new downloads globally on its flagship, lite, and regional versions in Three other major Facebook-owned apps appeared on the list: WhatsApp at the third position, Instagram fourth, and Facebook Messenger in the sixth position.
Facebook has been a consistent contestant for the top ten list for several years despite the entrance of newer apps into the market.
The largest demographic group of Facebook users is between the ages of 25 and 35 years. Here, 2. Surprisingly, a diversity report by Facebook indicated that there are more male staff than females. However, the company is working extra hard to increase diversity in its workforce as the percentage of male employees continues to trend down compared to the rise of the female workforce. India has the highest number of active Facebook users at million Statista, January Only Indonesia million and Brazil million are the other countries in the world to have over million active Facebook users.
This deep penetration in other countries especially non-English speaking countries can be attributed to the fact that there are different languages supported on Facebook. With over 2. On average, Facebook users open the app at least eight times a day, with the average US user spending at least 38 minutes a day on the app.
Out of at least five hours spent by US users on their apps daily , much of it is spent on Facebook. This is more than they spend on any other app, including music, video, shopping, among others. According to a report on Statista , Facebook is the most popular social media platform in terms of engagement in the United States. In , Facebook users spent an average of TikTok was the second-most popular app at that time, with its users spending at least
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