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Techquity: Not liking Facebook, Google goes shopping

Wednesday, May 29, 2013 - 02:59

May 29 - Users and advertisers ask Facebook to be more vigilant about cracking down on hate speech. Plus, Google beefs up its retail offerings.

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FaceBook taking heat over hate. Despite issuing an apology after a group called winning action in the media are urged to improve its response to contact. That's pretty alive -- glorified violence against girls or women. Advertisers like Nissan about -- but to remove their ads from offensive pages. American Express and it's also working with the fight to resolve the issues. Face that put out a statement Tuesday saying in recent days it's become clear that our systems to identify and remove hate speech has failed to work as effectively as we would like. Particularly around issues of gender based hate. We need to do better and we will shares fell as much as 3% today now down 2%. Another face the issue its IPO debacle now partially a result. The NASDAQ has agreed to pay a ten million dollar penalty to settle charges from the SEC. Related to its systems and decision making during the stock's debut in May of 28 well. Google is stepping up its competition with Amazon in retail it's paying online rating service stellar service for access to the retailer ratings. -- service researches customer service quality measuring things like response times and speed of product returns. Shoppers can click on the fellow service logo on the retailer's site for access to the data. Terms of the deal were not disclosed. Google stock down 1% today. Amazon focusing on entertainment. The online retailers -- -- I -- original theories that in the fourteenth. Amazon selecting the winners based on user feedback they include political comedy -- house starring John Goodman and am not a kids show about robots. The new series will be shown exclusively on Amazon prime instant video service later this year and an early 2014. Its shares are down fractionally. Last night we heard from Apple's Tim Cook who hit and it's impossible new products. The buzz centered around wearable -- which is -- cook said apple looking into compiled by. But he -- it's hard not to crack the CEO pointed to Google collapse of the product that's unlikely to gain mass appeal. Saying I know a lot of people that -- of them that don't have to you the comments stating built for this stock it's flat today at 444. Dollars. Soaring and sputtering time our look at movers. First soaring as perfect world the Chinese online game publisher reported a better than expected first quarter profit due to lower operating expenses. Shares in the US up 11% today. Sputtering as Rackspace Hosting a rough month for the stock after reporting some weak results. Today Canaccord annuity dropped its price target to 37 dollars from forty. Shares down almost 4% after it back. That's tech would be this Wednesday remember you can follow us on Twitter at our TR asked equity. I'm Sharon writes and says -- writer.

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Techquity: Not liking Facebook, Google goes shopping

Wednesday, May 29, 2013 - 02:59