Raffles Financial Group Limited (CSE: RICH)
Raffles Makes Public Listing Easier
Facebook (NASDAQ:FB) says as of today, it’s removing any Pages, Groups and Instagram accounts representing the movement around QAnon, “even if they contain no violent content.”
That’s an update to a previous policy where it removed content associated with QAnon when it discussed potential violence.
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“Pages, Groups and Instagram accounts that represent an identified Militarized Social Movement are already prohibited. And we will continue to disable the profiles of admins who manage Pages and Groups removed for violating this policy, as we began doing in August,” the company says.
Facebook says it’s been vigilant about its policy, but “we’ve seen several issues that led to today’s update.”
“For example, while we’ve removed QAnon content that celebrates and supports violence, we’ve seen other QAnon content tied to different forms of real world harm, including recent claims that the west coast wildfires were started by certain groups, which diverted attention of local officials from fighting the fires and protecting the public.”
Nokia (NYSE:NOK) is collaborating with Finland’s Tampere University to enhance the development of System-on-Chip custom processors for its ReefShark chipset portfolio.
The partnership will enhance NOK’s silicon capabilities and development of proprietary SoCs.
Nokia will also explore areas such as machine learning, AI and security hardware development, as well as open source hardware-based SoCs.
The Center is expected to open in November this year.
Baidu (NASDAQ:BIDU) proposes to sell senior notes. The price, volume and terms have yet to be determined.
The company intends to use the net proceeds to repay existing indebtedness.
Baidu remains a laggard despite its involvement in current-day buzzwords like artificial intelligence, autonomous driving, robotaxis, smart devices, etc., wrote ALT Perspective on Seeking Alpha in the article “Baidu: Surprisingly Cheap.”
Nomura has reported a 5.01% stake in Sony (SNE -1%).
That came alongside a Sept. 30 deadline for reporting the holding. Nomura disclosed the stake in a filing to Japan’s Finance Ministry.
The reported stake rolls up holdings by Nomura International Plc, Nomura Securities International, Nomura Global Financial Products and Nomura Asset Management Co. Ltd.
More choosy teens are choosing TikTok (BDNCE) over Instagram (FB -2.2%), according to a new report.
TikTok passed Instagram as the No. 2 most popular social media app among teenagers, Piper Sandler says. The Chinese short-video app is second in popularity only to Snapchat (SNAP -2.9%).
Piper’s report says 34% of teens list Snapchat as their favorite social app, followed by 29% choosing TikTok. Instagram was the favorite of just 25%.
Instagram still leads in usage, however: It logged 84% engagement in the survey, followed by Snapchat at 80% and TikTok at 69%.
But it’s an indicator that TikTok is continuing to grow market share among the young (TikTok’s 69% engagement is up from 62% in the spring).