The Future of Communication - Stocks Traders Should Keep on Their Radars: (NASDAQ: FB), (NASDAQ: AAPL)
Facebook Inc (NASDAQ:FB) 25.91 -0.14 (-0.53%). Instagram users annoyed with new rules, carried out their threats to dump the popular photo-sharing app. The app acquired by Facebook Inc (NASDAQ:FB) earlier this year for $1 billion, has lost nearly a quarter of its daily active users owing to the debacle. The company changed its service terms last week to incorporate advertising. The new terms allowed the company to sell user photos for advertising and promotions “without any compensation to you.”
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