The last time the Netflix chart formed a ‘golden cross,’ it rallied 95 percent

“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.” The bullish golden cross forms when a shorter-term moving average crosses above a longer term. “It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “Netflix is obviou


“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.” The bullish golden cross forms when a shorter-term moving average crosses above a longer term. “It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “Netflix is obviou
The last time the Netflix chart formed a ‘golden cross,’ it rallied 95 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: keris lahiff, andrew harrer, bloomberg, getty images, arjun kharpal, christophe morin, getty images news, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, netflix, average, maley, moving, 95, nation, formed, golden, overbought, chart, rally, trading, sanchez, rallied, cross


The last time the Netflix chart formed a 'golden cross,' it rallied 95 percent

Netflix is set to gain a new competitor next week when Apple will reportedly unveil its streaming platform.

Netflix shares have risen slightly in the past week and are up 35 percent this year. They are the best performers of the FANG stocks. Miller Tabak equity strategist Matt Maley said the name could still have more room to run.

“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.”

The bullish golden cross forms when a shorter-term moving average crosses above a longer term. It signals the reversal of a downtrend. A golden cross formed March 11 on Netflix’s charts.

“The last two times in 2015 and 2016, it saw a rally of 120 and 95 percent after they saw the golden crosses,” said Maley. “I’m not calling for that kind of a huge rally but history says it’s been a positive sign,” he said.

Maley said the charts have a different story for Apple’s stock.

“It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “It’s also bumping up against its 200-day moving average so with it being overbought and bumping up against that key moving average I think it’s going to have a tough time breaking above it on its first try.”

Apple is a 2 percent rally from its 200-day moving average. It has not traded above that trend line since November.

“It will probably have to pull back, consolidate its gains, work off that overbought condition before it can rally further,” said Maley.

Netflix may have difficulty continuing to grow as increased competition muscles its way into the space, said Gina Sanchez, CEO of Chantico Global.

“Netflix is obviously the one with the most to lose,” Sanchez said Tuesday on “Trading Nation.” “My concern is actually that Netflix may actually paint itself into a corner. Everybody is gunning for territory that Netflix has already created. Netflix has a massive spending budget in order to continue to move a needle that quite frankly is getting harder and harder to move in terms of revenue.”

Netflix sales are expected to slow from 35 percent growth in 2018 to 24 percent by 2020.

“You look at the average number of subscriptions that cord cutters have. You’re talking about three-plus subscriptions. Quite frankly, viewers are getting subscription fatigue. At some point you’re going to have to see some consolidation,” Sanchez said.


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: keris lahiff, andrew harrer, bloomberg, getty images, arjun kharpal, christophe morin, getty images news, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, netflix, average, maley, moving, 95, nation, formed, golden, overbought, chart, rally, trading, sanchez, rallied, cross


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The last time the Netflix chart formed a ‘golden cross,’ it rallied 95 percent

“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.” The bullish golden cross forms when a shorter-term moving average crosses above a longer term. “It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “Netflix is obviou


“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.” The bullish golden cross forms when a shorter-term moving average crosses above a longer term. “It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “Netflix is obviou
The last time the Netflix chart formed a ‘golden cross,’ it rallied 95 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: keris lahiff, andrew harrer, bloomberg, getty images, arjun kharpal, christophe morin, getty images news, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, netflix, average, maley, moving, 95, nation, formed, golden, overbought, chart, rally, trading, sanchez, rallied, cross


The last time the Netflix chart formed a 'golden cross,' it rallied 95 percent

Netflix is set to gain a new competitor next week when Apple will reportedly unveil its streaming platform.

Netflix shares have risen slightly in the past week and are up 35 percent this year. They are the best performers of the FANG stocks. Miller Tabak equity strategist Matt Maley said the name could still have more room to run.

“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.”

The bullish golden cross forms when a shorter-term moving average crosses above a longer term. It signals the reversal of a downtrend. A golden cross formed March 11 on Netflix’s charts.

“The last two times in 2015 and 2016, it saw a rally of 120 and 95 percent after they saw the golden crosses,” said Maley. “I’m not calling for that kind of a huge rally but history says it’s been a positive sign,” he said.

Maley said the charts have a different story for Apple’s stock.

“It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “It’s also bumping up against its 200-day moving average so with it being overbought and bumping up against that key moving average I think it’s going to have a tough time breaking above it on its first try.”

Apple is a 2 percent rally from its 200-day moving average. It has not traded above that trend line since November.

“It will probably have to pull back, consolidate its gains, work off that overbought condition before it can rally further,” said Maley.

Netflix may have difficulty continuing to grow as increased competition muscles its way into the space, said Gina Sanchez, CEO of Chantico Global.

“Netflix is obviously the one with the most to lose,” Sanchez said Tuesday on “Trading Nation.” “My concern is actually that Netflix may actually paint itself into a corner. Everybody is gunning for territory that Netflix has already created. Netflix has a massive spending budget in order to continue to move a needle that quite frankly is getting harder and harder to move in terms of revenue.”

Netflix sales are expected to slow from 35 percent growth in 2018 to 24 percent by 2020.

“You look at the average number of subscriptions that cord cutters have. You’re talking about three-plus subscriptions. Quite frankly, viewers are getting subscription fatigue. At some point you’re going to have to see some consolidation,” Sanchez said.


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: keris lahiff, andrew harrer, bloomberg, getty images, arjun kharpal, christophe morin, getty images news, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, netflix, average, maley, moving, 95, nation, formed, golden, overbought, chart, rally, trading, sanchez, rallied, cross


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Facebook: Mosque shootings video viewed 4,000 times before removal

Facebook said a live streamed video apparently showing last week’s attack on two mosques in New Zealand was viewed 4,000 times before it was removed. During the livestream, Facebook said the video was viewed fewer than 200 times. In total, the video was viewed 4,000 times before it was removed, the American social media giant said. Facebook said it also removed the account of the suspect from Facebook and Instagram as well as the live video. The company said it was able to detect visually simila


Facebook said a live streamed video apparently showing last week’s attack on two mosques in New Zealand was viewed 4,000 times before it was removed. During the livestream, Facebook said the video was viewed fewer than 200 times. In total, the video was viewed 4,000 times before it was removed, the American social media giant said. Facebook said it also removed the account of the suspect from Facebook and Instagram as well as the live video. The company said it was able to detect visually simila
Facebook: Mosque shootings video viewed 4,000 times before removal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: arjun kharpal, chris ratcliffe, bloomberg, getty images
Keywords: news, cnbc, companies, viewed, video, 4000, social, removal, tarrant, mosque, shootings, remove, live, removed, videos, times, facebook


Facebook: Mosque shootings video viewed 4,000 times before removal

Facebook said a live streamed video apparently showing last week’s attack on two mosques in New Zealand was viewed 4,000 times before it was removed.

The suspected gunman, an Australian named Brenton Harrison Tarrant, allegedly killed 50 people after opening fire on Muslim worshipers at the two mosques, livestreaming the whole ordeal on Facebook. Tarrant has been charged with murder.

During the livestream, Facebook said the video was viewed fewer than 200 times. No users reported the video during the live broadcast, the social network said. Such broadcasts remain on Facebook even once they have ended. In total, the video was viewed 4,000 times before it was removed, the American social media giant said.

The first user report on the original video came in 29 minutes after it was first posted, and 12 minutes after the live broadcast ended, Facebook said.

Social media firms have faced intense criticism for not doing enough to police content on their platforms, particularly the kind allegedly created by Tarrant. Facebook said it also removed the account of the suspect from Facebook and Instagram as well as the live video.

The video was, however, shared in different formats across Facebook. The company said it was able to detect visually similar videos to the original and automatically remove them from Facebook and Instagram.

Facebook said on Saturday that it removed 1.5 million videos of the attack in the first 24 hours after it was originally livestreamed. Facebook said 1.2 million of those videos “were blocked at upload.”

Reddit, Twitter and Google’s YouTube also tried to move quickly to remove content related to the shooting.


Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: arjun kharpal, chris ratcliffe, bloomberg, getty images
Keywords: news, cnbc, companies, viewed, video, 4000, social, removal, tarrant, mosque, shootings, remove, live, removed, videos, times, facebook


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China’s new social media craze: Paying to be given compliments online

One group administrator who spoke to CNBC said they offer a service where you can invite another person into a group, and that individual will be given custom-made compliments. The administrator, who asked to remain anonymous, said they charge 15 yuan for three minutes or 25 yuan for five minutes of praise in the WeChat group. You are then invited to one of the groups on WeChat alongside the other person you have nominated. CNBC found a number of postings on Chinese social networking site Douban


One group administrator who spoke to CNBC said they offer a service where you can invite another person into a group, and that individual will be given custom-made compliments. The administrator, who asked to remain anonymous, said they charge 15 yuan for three minutes or 25 yuan for five minutes of praise in the WeChat group. You are then invited to one of the groups on WeChat alongside the other person you have nominated. CNBC found a number of postings on Chinese social networking site Douban
China’s new social media craze: Paying to be given compliments online Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: arjun kharpal, justin chin, bloomberg, getty images, -a kuakuaqun user, encouraging a cnbc reporter to enjoy his time in a
Keywords: news, cnbc, companies, yuan, number, online, paying, social, group, craze, groups, media, praise, chinas, person, given, wechat, administrator, compliments, spare


China's new social media craze: Paying to be given compliments online

“This is awesome! Now you have more spare time. Take this opportunity to enjoy your ‘me time.’ One can be very happy by himself. And you have us here!”

There appears to be varying business models, however. One group administrator who spoke to CNBC said they offer a service where you can invite another person into a group, and that individual will be given custom-made compliments. It could be a friend or partner, for example.

The administrator, who asked to remain anonymous, said they charge 15 yuan for three minutes or 25 yuan for five minutes of praise in the WeChat group. You can send in additional information such as details of your relationship with a person and their likes and dislikes. You are then invited to one of the groups on WeChat alongside the other person you have nominated. And then the compliments begin.

The administrator said he runs the side business in his spare time with friends.

There are also free groups. CNBC found a number of postings on Chinese social networking site Douban for praise groups. On one of the posts, a number was listed. CNBC added that number and the person — known by their WeChat alias “Abelard” — then pulled us into the free praise group they run.


Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: arjun kharpal, justin chin, bloomberg, getty images, -a kuakuaqun user, encouraging a cnbc reporter to enjoy his time in a
Keywords: news, cnbc, companies, yuan, number, online, paying, social, group, craze, groups, media, praise, chinas, person, given, wechat, administrator, compliments, spare


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Facebook: Mosque shootings video viewed 4,000 times before removal

Facebook said a live streamed video apparently showing last week’s attack on two mosques in New Zealand was viewed 4,000 times before it was removed. During the livestream, Facebook said the video was viewed fewer than 200 times. In total, the video was viewed 4,000 times before it was removed, the American social media giant said. Facebook said it also removed the account of the suspect from Facebook and Instagram as well as the live video. The company said it was able to detect visually simila


Facebook said a live streamed video apparently showing last week’s attack on two mosques in New Zealand was viewed 4,000 times before it was removed. During the livestream, Facebook said the video was viewed fewer than 200 times. In total, the video was viewed 4,000 times before it was removed, the American social media giant said. Facebook said it also removed the account of the suspect from Facebook and Instagram as well as the live video. The company said it was able to detect visually simila
Facebook: Mosque shootings video viewed 4,000 times before removal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: arjun kharpal, chris ratcliffe, bloomberg, getty images
Keywords: news, cnbc, companies, viewed, video, 4000, social, removal, tarrant, mosque, shootings, remove, live, removed, videos, times, facebook


Facebook: Mosque shootings video viewed 4,000 times before removal

Facebook said a live streamed video apparently showing last week’s attack on two mosques in New Zealand was viewed 4,000 times before it was removed.

The suspected gunman, an Australian named Brenton Harrison Tarrant, allegedly killed 50 people after opening fire on Muslim worshipers at the two mosques, livestreaming the whole ordeal on Facebook. Tarrant has been charged with murder.

During the livestream, Facebook said the video was viewed fewer than 200 times. No users reported the video during the live broadcast, the social network said. Such broadcasts remain on Facebook even once they have ended. In total, the video was viewed 4,000 times before it was removed, the American social media giant said.

The first user report on the original video came in 29 minutes after it was first posted, and 12 minutes after the live broadcast ended, Facebook said.

Social media firms have faced intense criticism for not doing enough to police content on their platforms, particularly the kind allegedly created by Tarrant. Facebook said it also removed the account of the suspect from Facebook and Instagram as well as the live video.

The video was, however, shared in different formats across Facebook. The company said it was able to detect visually similar videos to the original and automatically remove them from Facebook and Instagram.

Facebook said on Saturday that it removed 1.5 million videos of the attack in the first 24 hours after it was originally livestreamed. Facebook said 1.2 million of those videos “were blocked at upload.”

Reddit, Twitter and Google’s YouTube also tried to move quickly to remove content related to the shooting.


Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: arjun kharpal, chris ratcliffe, bloomberg, getty images
Keywords: news, cnbc, companies, viewed, video, 4000, social, removal, tarrant, mosque, shootings, remove, live, removed, videos, times, facebook


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China’s new social media craze: Paying to be given compliments online

One group administrator who spoke to CNBC said they offer a service where you can invite another person into a group, and that individual will be given custom-made compliments. The administrator, who asked to remain anonymous, said they charge 15 yuan for three minutes or 25 yuan for five minutes of praise in the WeChat group. You are then invited to one of the groups on WeChat alongside the other person you have nominated. CNBC found a number of postings on Chinese social networking site Douban


One group administrator who spoke to CNBC said they offer a service where you can invite another person into a group, and that individual will be given custom-made compliments. The administrator, who asked to remain anonymous, said they charge 15 yuan for three minutes or 25 yuan for five minutes of praise in the WeChat group. You are then invited to one of the groups on WeChat alongside the other person you have nominated. CNBC found a number of postings on Chinese social networking site Douban
China’s new social media craze: Paying to be given compliments online Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: arjun kharpal, justin chin, bloomberg, getty images, -a kuakuaqun user, encouraging a cnbc reporter to enjoy his time in a
Keywords: news, cnbc, companies, yuan, number, online, paying, social, group, craze, groups, media, praise, chinas, person, given, wechat, administrator, compliments, spare


China's new social media craze: Paying to be given compliments online

“This is awesome! Now you have more spare time. Take this opportunity to enjoy your ‘me time.’ One can be very happy by himself. And you have us here!”

There appears to be varying business models, however. One group administrator who spoke to CNBC said they offer a service where you can invite another person into a group, and that individual will be given custom-made compliments. It could be a friend or partner, for example.

The administrator, who asked to remain anonymous, said they charge 15 yuan for three minutes or 25 yuan for five minutes of praise in the WeChat group. You can send in additional information such as details of your relationship with a person and their likes and dislikes. You are then invited to one of the groups on WeChat alongside the other person you have nominated. And then the compliments begin.

The administrator said he runs the side business in his spare time with friends.

There are also free groups. CNBC found a number of postings on Chinese social networking site Douban for praise groups. On one of the posts, a number was listed. CNBC added that number and the person — known by their WeChat alias “Abelard” — then pulled us into the free praise group they run.


Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: arjun kharpal, justin chin, bloomberg, getty images, -a kuakuaqun user, encouraging a cnbc reporter to enjoy his time in a
Keywords: news, cnbc, companies, yuan, number, online, paying, social, group, craze, groups, media, praise, chinas, person, given, wechat, administrator, compliments, spare


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Huawei built software for smartphones and laptops in case it can’t use Microsoft or Google products

Huawei has built its own operating system for smartphones and computers in case it is suddenly blocked from using U.S. software from Microsoft and Google, the Chinese company confirmed to CNBC on Friday. The world’s second-largest smartphone player by market share currently uses the Google-developed Android mobile operating system for its handsets and Microsoft’s Windows for its laptops and tablets. “We have prepared our own operating system. Should it ever happen that we can no longer use these


Huawei has built its own operating system for smartphones and computers in case it is suddenly blocked from using U.S. software from Microsoft and Google, the Chinese company confirmed to CNBC on Friday. The world’s second-largest smartphone player by market share currently uses the Google-developed Android mobile operating system for its handsets and Microsoft’s Windows for its laptops and tablets. “We have prepared our own operating system. Should it ever happen that we can no longer use these
Huawei built software for smartphones and laptops in case it can’t use Microsoft or Google products Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: arjun kharpal, benjamin hall
Keywords: news, cnbc, companies, cant, system, spokesperson, love, case, using, operating, yu, software, systems, huawei, built, laptops, google, products, prepared, microsoft, smartphones


Huawei built software for smartphones and laptops in case it can't use Microsoft or Google products

Huawei has built its own operating system for smartphones and computers in case it is suddenly blocked from using U.S. software from Microsoft and Google, the Chinese company confirmed to CNBC on Friday.

The world’s second-largest smartphone player by market share currently uses the Google-developed Android mobile operating system for its handsets and Microsoft’s Windows for its laptops and tablets.

Richard Yu, the CEO of Huawei’s consumer division, told German publication Die Welt in a recent interview, that the company had a back-up operating system, if for some reason, it was blocked from using American-made software.

“We have prepared our own operating system. Should it ever happen that we can no longer use these systems, we would be prepared,” Yu said, according to a translation of the original German text.

“That’s our plan B. But of course we prefer to work with the ecosystems of Google and Microsoft.”

Yu’s comments were confirmed to CNBC by a Huawei spokesperson on Friday who said the back-up systems would only be used in “extenuating circumstances” and were “there for basic business continuity in a worst-case scenario.”

“We don’t expect to use them and to be honest, we don’t want to use them. We fully support our partners’ operating systems — we love using them and our customers love using them,” the spokesperson said.


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: arjun kharpal, benjamin hall
Keywords: news, cnbc, companies, cant, system, spokesperson, love, case, using, operating, yu, software, systems, huawei, built, laptops, google, products, prepared, microsoft, smartphones


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Microsoft: Facial recognition firm SenseNets lying about ‘partnership’

Microsoft denied that it has any connection with a controversial Chinese facial recognition app that rights groups say is being used by Beijing to track minority Muslims in China. The company, called SenseNets, sells facial recognition and crowd analysis technology that is designed to detect unusual behavior in large groups of people, according to its website. SenseNets suffered a data leak in February which was discovered by security researcher Victor Gevers. He revealed that personal informati


Microsoft denied that it has any connection with a controversial Chinese facial recognition app that rights groups say is being used by Beijing to track minority Muslims in China. The company, called SenseNets, sells facial recognition and crowd analysis technology that is designed to detect unusual behavior in large groups of people, according to its website. SenseNets suffered a data leak in February which was discovered by security researcher Victor Gevers. He revealed that personal informati
Microsoft: Facial recognition firm SenseNets lying about ‘partnership’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: arjun kharpal, justin sullivan getty images, -microsoft spokesperson
Keywords: news, cnbc, companies, xinjiang, groups, minority, recognition, lying, facial, gevers, company, west, partnership, muslims, large, sensenets, firm, microsoft


Microsoft: Facial recognition firm SenseNets lying about 'partnership'

Microsoft denied that it has any connection with a controversial Chinese facial recognition app that rights groups say is being used by Beijing to track minority Muslims in China.

The company, called SenseNets, sells facial recognition and crowd analysis technology that is designed to detect unusual behavior in large groups of people, according to its website.

SenseNets suffered a data leak in February which was discovered by security researcher Victor Gevers. He revealed that personal information on 2.5 million people tracked by the company was publicly available. Gevers found that most of the records were collected in China’s Xinjiang province, a region in the west of China with a large population of minority Uighur Muslims.


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: arjun kharpal, justin sullivan getty images, -microsoft spokesperson
Keywords: news, cnbc, companies, xinjiang, groups, minority, recognition, lying, facial, gevers, company, west, partnership, muslims, large, sensenets, firm, microsoft


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Facebook wants to copy WeChat Pay with Facebook Coin payments

Facebook is reportedly looking to push into the payments space with its own cryptocurrency. If successful, such a move could replicate China’s massively popular WeChat, but striking gold could be a tall order for the social networking giant. WhatsApp was acquired by Facebook in 2014 in what was the company’s largest acquisition ever. Since then, it has largely focused on messaging and a few social features. It’s the largest messaging service in the world with 1.5 billion monthly users.


Facebook is reportedly looking to push into the payments space with its own cryptocurrency. If successful, such a move could replicate China’s massively popular WeChat, but striking gold could be a tall order for the social networking giant. WhatsApp was acquired by Facebook in 2014 in what was the company’s largest acquisition ever. Since then, it has largely focused on messaging and a few social features. It’s the largest messaging service in the world with 1.5 billion monthly users.
Facebook wants to copy WeChat Pay with Facebook Coin payments Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: arjun kharpal, getty images news, getty images
Keywords: news, cnbc, companies, copy, world, wechat, facebook, reportedly, coin, largest, according, pay, social, users, payments, wants, billion, messaging


Facebook wants to copy WeChat Pay with Facebook Coin payments

Facebook is reportedly looking to push into the payments space with its own cryptocurrency. If successful, such a move could replicate China’s massively popular WeChat, but striking gold could be a tall order for the social networking giant.

The U.S. firm is developing its own digital currency, known as the Facebook Coin, which would be pegged to the U.S. dollar and allow users to transfer money through Facebook-owned messaging application WhatsApp, according to Bloomberg.

While Facebook is reportedly going to focus on the remittances market in India first, analysts said that it could be a precursor to the company stepping up its offering in payments, a move which could be a $19 billion revenue opportunity, according to Barclays.

WhatsApp was acquired by Facebook in 2014 in what was the company’s largest acquisition ever. Since then, it has largely focused on messaging and a few social features. It’s the largest messaging service in the world with 1.5 billion monthly users.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: arjun kharpal, getty images news, getty images
Keywords: news, cnbc, companies, copy, world, wechat, facebook, reportedly, coin, largest, according, pay, social, users, payments, wants, billion, messaging


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Chinese smartphone sales keep on falling — that’s likely bad news for Apple

China’s mobile phone market suffered its worst month in years as device shipments plunged, with the data potentially highlighting further signs of pain for Apple in the world’s largest smartphone market. Mobile phone shipments in China totaled 14.51 million in February, a nearly 20 percent year-on-year fall, according to data released Tuesday by the China Academy of Information and Communications Technology. Shipments of smartphones specifically totaled 13.8 million, a fall of over 20 percent ye


China’s mobile phone market suffered its worst month in years as device shipments plunged, with the data potentially highlighting further signs of pain for Apple in the world’s largest smartphone market. Mobile phone shipments in China totaled 14.51 million in February, a nearly 20 percent year-on-year fall, according to data released Tuesday by the China Academy of Information and Communications Technology. Shipments of smartphones specifically totaled 13.8 million, a fall of over 20 percent ye
Chinese smartphone sales keep on falling — that’s likely bad news for Apple Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: arjun kharpal, visual china group, getty images
Keywords: news, cnbc, companies, apple, according, china, bad, sales, smartphone, falling, totaled, data, thats, worst, yearonyear, released, month, chinese, likely, shipments


Chinese smartphone sales keep on falling — that's likely bad news for Apple

China’s mobile phone market suffered its worst month in years as device shipments plunged, with the data potentially highlighting further signs of pain for Apple in the world’s largest smartphone market.

Mobile phone shipments in China totaled 14.51 million in February, a nearly 20 percent year-on-year fall, according to data released Tuesday by the China Academy of Information and Communications Technology.

Shipments of smartphones specifically totaled 13.8 million, a fall of over 20 percent year-on-year, according to CAICT, a government-backed research institute.

February is typically weak for smartphone sales in China because of a the week-long Chinese New Year public holiday and the fact that new phones are released toward the back-end of the month. But February 2019 was the worst month for shipments going back to at least 2013, according to publicly available data from CAICT.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: arjun kharpal, visual china group, getty images
Keywords: news, cnbc, companies, apple, according, china, bad, sales, smartphone, falling, totaled, data, thats, worst, yearonyear, released, month, chinese, likely, shipments


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