On Monday, Shares of Facebook, Inc. (NASDAQ:FB), gained 0.28% to $92.31.
Facebook said Monday that it would work with the German Justice Ministry to fight xenophobic and racist messages on the social network’s platform, bending to government pressure to clamp down on hate messages against migrants online, according to WSJ.
German Justice Minister Heiko Maas said after a meeting with Facebook executives in Berlin that the ministry would coordinate the creation of a task force with Facebook and other Internet competitors to evaluate whether inappropriate content flagged by users falls under freedom of speech or is illegal under German law.
“The idea is to better identify content that is against the law and remove it faster from the Web,” Mr. Maas added.
Facebook also said it would give financial support to organizations that collect complaints against online hate speech to assist remove comments faster. The social network earlier in the day declared other measures, counting a task force to encourage users to draft countermessages to hate speech on the Web and campaigns to generally strengthen antihate speech on the Internet. WSJ Reports
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
Shares of PayPal Holdings, Inc. (NASDAQ:PYPL), inclined 0.66% to $33.77, during its last trading session.
PayPal released a new PayPal Money Habits Study that sheds new light on people’s attitudes and behaviors around money. In a survey of 4,000 consumers in the U.S., Canada, Germany and Australia, the study found that one third of adults in the U.S. have ruined a relationship over IOUs and are owed on average $450. A driving reason is discomfort around financial conversations; more than 50 percent of Americans find it awkward to ask their friends or family to pay them back.
The survey also found digital wallets continue to gain popularity with one third of respondents preferring a digital wallet to a real one. Most people dislike dealing with checks (74 percent), and while cash is still king, mobile payments are on the rise with peer-to-peer (P2P) payments increasingly popular for IOUs.
“As we see money going digital and mobile, people need more flexible ways to manage their money. It’s simple – we all want no-fuss ways to pay and get paid back, and avoid awkward IOU conversations,” said Matt Gromada, Director of Consumer Product Marketing at PayPal. “PayPal pioneered sending money digitally 16 years ago, and we are ongoing to lead the way with our P2P offerings.”
Why don’t people ask for their money back? Awkward!!
Bottom line – money is an uncomfortable subject and it takes a lot of time to chase down debts. More than half of people surveyed across the four countries find it awkward to ask their friends or family members to pay them back, and nearly 55 percent on average admitted they felt embarrassed asking friends to spot them cash.
“People are more willing to discuss their sex lives than their finances,” says Dr. Ryan Howell, Associate Professor of Psychology at San Francisco State University and an expert on the psychology of spending. “Money is still considered an incredibly private, personal topic for many people due to deep-seated cross-cultural stigmas around money.”
Not only do most people feel anxiety bringing up IOUs, nearly 50 percent of people across the four countries never get paid back because they are too uncomfortable bringing up the subject. But letting these debts go can have real fiscal and social consequences.
PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, in addition to at offline retail locations through a range of payment solutions across company’s payments platform, counting PayPal, PayPal Credit, Venmo, and Braintree products.
Shares of Lululemon Athletica Inc. (NASDAQ:LULU), declined -0.41% to $53.79, during its last trading session.
lululemon athletica declared that the Company will be presenting at the Stifel 2015 Consumer Conference held at the New York Palace Hotel in New York City on Thursday, September 17, 2015 at 1:50 pm Eastern Daylight Time. Stuart Haselden, Chief Financial Officer will host the presentation.
lululemon athletica inc., together with its auxiliaries, designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth. It operates through two segments, Corporate-Owned Stores and Direct To Consumer.
Finally, General Growth Properties, Inc (NYSE:GGP), ended its last trade with no change, and closed at $24.95.
General Growth Properties, declared a new fall style guide featuring men’s and women’s apparel from GGP retailers and fall fashion advice from style blogger Amber Fillerup, creator of the blog Barefoot Blonde and popular YouTube personality. The 2015 guide is available online and features fall outfits, trends, tips, unique wardrobe looks and a video with fall trend advice from Amber.
“We’re always looking for ways to provide original content to our shoppers and assist push the fashion envelope. Creating this fall look book is just one way we can assist our customers discover the latest styles at our malls,” said Sarah Alter, SVP, chief marketing officer, GGP. “Amber’s knack for pairing clothing with unique hair styles and accessories, together with the valuable input from GGP’s retail partners, makes our Fall Fashion web experience an all-inclusive, fashion-forward guide for consumers looking for a little style inspiration this season.”
Barefoot Blonde blogger Amber Fillerup shares original posts for GGP’s online Fall Fashion Guide, imparting the latest fall trends and expert tips on how to mix and match clothes, makeup and accessories to create new looks – stylishly and affordably. Amber also divulges her Top 11 “must-haves” in a “Fall Fashion Trend” video, showcasing her favorite looks to inspire shoppers to ramp up their fall looks this season. The guide also comprises fall fashion tips for men, as Amber’s husband, David, shares practical advice and tips for guys.
General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
