Facebook's data breach scandal is having a negative trickle-down effect on the stock prices of Twitter and Snap Inc.
The digital duopoly faces rising competition from fast growing smaller rivals.
Snap Inc. short sellers got some relief in trading Thursday after a condemnation of the company by singer Rihanna sent shares plummeting.
Tech giants are in the 'early strategic steps of building out a massive wave of sports content.'
Dropbox's latest valuation sinks below its last one, even while the company's cash flow and revenue improve.
Snap is set to fire10% of its engineers or around 100 employees.
Facebook's CEO sold $357 million worth of stock in February alone.
Facebook's dominance in social media advertising is under severe challenge by Twitter and Snap.
Snap tumbles as users reject new Snapchat design, adding to the companies earnings woes.
Snap's CEO made $638 million in compensation, becoming the third-highest paid CEO for one year.