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Mark Zuckerberg claimed Apple’s planned privacy protections could hurt small businesses and economic recovery ‘in 2021 and beyond’

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Mark Zuckerberg slammed Apple over its plans to limit advertisers’ ability to track iPhone users, claiming it would hurt small businesses.
“Actions planned by platform companies like Apple could have a meaningful negative effect on small businesses and economic recovery in 2021 and beyond,” Zuckerberg told investors Thursday during Facebook’s Q3 earnings call.
Facebook has previously warned that Apple’s proposed changes could devastate its own ad business, which relies heavily on helping advertisers deliver precisely targeted ads.
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Facebook CEO Mark Zuckerberg took aim at Apple on Thursday over its plans to limit advertisers’ ability to track iPhone users, suggesting the proposed changes could hurt small businesses and, by extention, the broader economy.During Facebook’s quarterly earnings call, Zuckerberg told investors that “actions planned by platform companies like Apple could have a meaningful negative effect on small businesses and economic recovery in 2021 and beyond.”Zuckerberg was referring to Apple’s decision in iOS 14 — the latest version of its mobile operating system — to prevent apps from tracking users by using their unique device identifier, or IDFA, without their explicit permission. Apple announced the change earlier this summer but delayed it just before rolling out the iOS 14 software …

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Facebook’s (FB) CEO Mark Zuckerberg on Q3 2020 Results – Earnings Call Transcript

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Facebook, Inc. (NASDAQ:FB) Q3 2020 Earnings Conference Call October 29, 2020 6:00 PM ETCompany Participants
Deborah Crawford – Vice President-Investor Relations
Mark Zuckerberg – Chief Executive Officer
Sheryl Sandberg – Chief Operating Officer
Dave Wehner – Chief Financial Officer
Conference Call Participants
Brian Nowak – Morgan Stanley
Eric Sheridan – UBS
Justin Post – Bank of America
Brent Thill – Jefferies
Heather Bellini – Goldman Sachs
Doug Anmuth – JPMorgan
Michael Nathanson – MoffettNathanson
Mark Mahaney – RBC
Youssef Squali – Truist Securities
Operator
Good afternoon. My name is Mike and I will be your conference operator today. At this time, I would like to welcome everyone to the Facebook Third Quarter 2020 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. [Operator Instructions] This call will be recorded. Thank you very much.
Ms. Deborah Crawford, Facebook’s Vice President of Investor Relations, you may begin.
Deborah Crawford
Thank you. Good afternoon and welcome to Facebook’s third quarter 2020 earnings conference call. Joining me today to discuss our results are Mark Zuckerberg, CEO; Sheryl Sandberg, COO; and Dave Wehner, CFO. Before we get started, I would like to take this opportunity to remind you that our remarks today will include forward‐ …

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Demario Davis’ daughter lost her eye to cancer. This is how it changed the Saints LB and his family.

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A glare on her left eye.That’s what prompted little Carly-Faith Davis going to an ophthalmologist at the Vanderbilt Institute for a routine eye exam in May.Her parents, Demario Davis and Tamela Gill Davis, booked the appointment out of precaution, to alleviate their worries.“It was just a normal day for us,” the New Orleans Saints’ All-Pro linebacker recalled.They weren’t supposed to be gone long. The babysitter was watching their three older children, and the Davises said they’d be back in an hour.But as one hour turned into two, two turned into four, and four turned into nine, doctors told the Davises the glint in their 10-month-old daughter’s left eye was the telltale sign of something sinister.Cancer.Retinoblastoma, specifically — a rare optical cancer that affects only 300 children per year in the U.S.








BY DAN SWENSON | Graphics Editor

The large tumor had already consumed Carly-Faith’s left eye. It had pushed on her pupil and left her blind in that eye as the tumor reached its most advanced stage. At that point, doctors didn’t know if the cancer had spread to her right eye or into her brain.“Nothing could prepare …

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Twitter, Inc. (TWTR) CEO Jack Dorsey on Q3 2020 Results – Earnings Call Transcript

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Twitter, Inc. (NYSE:TWTR) Q3 2020 Earnings Conference Call October 29, 2020 5:00 PM ETCompany Participants
Krista Bessinger – Director of Investor Relations
Jack Dorsey – Chief Executive Officer
Ned Segal – Chief Financial Officer
Conference Call Participants
Lloyd Walmsley – Deutsche Bank
Doug Anmuth – JPMorgan
Brian Nowak – Morgan Stanley
Richard Greenfield – LightShed
Michael Levine – Pivotal Research
Heath Terry – Goldman Sachs
Mark Shmulik – Bernstein
Justin Patterson – KeyBanc
Operator
Good day, ladies and gentlemen, and welcome to the Twitter Third Quarter 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time.
I would now like to turn the call over to your host, Krista Bessinger, Director, Investor Relations. Please go ahead.
Krista Bessinger
Hi, everyone, and thanks for joining our Q3 earnings conference call. We have Jack and Ned with us today. We published our shareholder letter on our Investor Relations website and with the SEC about an hour ago and hope everyone had a chance to read it. We will keep our opening remarks brief, so that we can dive right into your questions. As a reminder, we will take …

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Mark Zuckerberg Says WhatsApp Now Sees 100B Messages Exchanged A Day

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Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg said Thursday at the company’s quarterly earnings call that private messaging continues to be the fastest-growing form of communication — with WhatsApp alone seeing the exchange of 100 billion messages each day.
What Happened: The social media company’s CEO didn’t share details on such figures for its other messaging services, Facebook Messenger and Instagram.
Facebook Chief Operating Officer Sheryl Sandberg said that there are more than 40 million people viewing a Business Catalog each month on WhatsApp, and that the company will soon enable an option to “click a WhatsApp icon on a Facebook Shop to chat directly with the business.”
Both Zuckerberg and Sandberg highlighted the company’s efforts in enabling cross-platform communication across Facebook, Instagram, and WhatsApp.
“People tell us they want to be able to use the app they like best to reach everyone who they want to message,” said Zuckerberg.
The company is rolling out an update to Instagram that adds “best features” from Messenger and creates a “better messaging experience across both apps,” revealed Zuckerberg — adding, “early feedback has been positive so far.”
The CEO also said that the social media giant would make it easier for people to buy products within …

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Armenian Americans protest outside SpaceX headquarters in Hawthorne, call on Elon Musk to nix satellite launch for Turkish government

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Armenian Americans protest outside SpaceX headquarters in Hawthorne, call on Elon Musk to nix satellite launch for Turkish government | KTLA

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Apple named Interbrand’s top global brand for eighth consecutive year | AppleInsider

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Global brand consultancy Interbrand in its latest report on global brand impact once again named Apple as the world’s most valuable corporate name, a position the tech giant has held for eight years. Interbrand assigned Apple a “brand value” of just under $323 billion, up 38% from $234.2 billion last year. According to the firm, brand value is a calculation that represents a brand’s impact on customers, employees and investors. Strong brands exert influence on consumers, create a loyal following, attract and retain employees and lower the cost of financing. ”Ultimately, Apple’s (BV $322,999bn +38% YOY) distinctiveness – or, in fact, uniqueness – isn’t a result of what the brand says, but what it does,” according to the Interbrand report. “It’s Apple’s products, technologies and stores that speak to the organization’s philosophy of beautiful simplicity and individual empowerment – much more than any campaign could ever do. Inasmuch as many talk about the brand’s aura, Apple has consistently changed what was in people’s minds by changing what was in their hands.” There was a bit of shuffling in the top-five in 2020. Second place Amazon, which was previously in third, grew its brand value by a massive 60% as it invested in realtime data, AI and …

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Amazon makes more profit in nine months than in its record 2019

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Amazon reported record quarterly sales on Thursday and has already reached a record profit total in 2020, with three months of the year to go.
The ecommerce retailer reported a third-quarter profit of US$6.3 billion and revenue of US$96.1 billion – the most it has ever collected in a single three-month period, according to FactSet records.
Already its highest-margin business, Amazon Web Services grew 29% year over year. Its advertising division, which falls under the ‘other’ category, made US$5.4 billion in revenue, a 51% increase from a year ago.
Amazon has already collected more profit in the first nine months of 2020 than it did in all of 2019, when Amazon had record earnings of US$11.59 billion. Much of that profit was gained in just the second and third quarters this year, with the retail giant close to US$14 billion in net income through all three quarters.
While the coronavirus pandemic has hit many businesses hard, Amazon has had to increase its workforce to more than 1 million as more and more people in lockdown, unable to shop and socialise in-person, turn to Amazon to do their shopping.
“Two years ago, we increased Amazon’s minimum wage to US$15 for all full-time, part-time, temporary, and seasonal employees …

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Google, Amazon, Apple, Facebook and Twitter Report Earnings — Live Updates – WSJ.com

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Facebook Chief Executive Mark Zuckerberg said on a conference call with analysts on Thursday that political advertising on his platform is more transparent than on any other medium.He said ahead of the presidential election, Facebook ran the largest voting information campaign in U.S. history and estimated that the platform helped 4.4 million people register to vote.
Facebook blocked new political and social ads from running as of Tuesday until after Election Day, Mr. Zuckerberg said. If someone tries to declare victory in an ad, Facebook will put an indication label on the top of the ad noting that the outcome is still undecided.
Next week will certainly be a test for Facebook, Mr. Zuckerberg said, adding that election integrity is and will be an ongoing challenge for his company.

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Want to learn to be a leader? Spend an evening on “How to Lead” with David Rubenstein

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Innovation is on the agenda this week Charleston Library Society, both in content and format.At 6 p.m. Nov. 5, the organization presents “An Evening with David Rubenstein.” In a return visit to the Library Society, Rubenstein, the visionary cofounder of The Carlyle Group, and host of “The David Rubenstein Show,” will join forces with American journalist John Huey, former editor-in-chief of Time Inc. The two will discuss Rubenstein’s recent best-selling book, “How to Lead: Wisdom from the World’s Greatest CEOs, Founders and Game Changers.” Sign up for the Charleston Hot Sheet
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Last February, the Library Society hosted Rubenstein regarding his book “The American Story.”Coined as a leadership playbook, Rubenstein’s new book shares the principles and guiding philosophies of celebrated leaders, by way of conversations with  such icons as Bill Gates, Jeff Bezos, Ruth Bader Ginsburg, Warren Buffett, Oprah Winfrey and many others. The book is a result of the author’s past five years of interviews with his subjects about who they are and how they became successful. Entrepreneur Richard Branson, for instance, talks about striving …

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