The Accessorize brand said Monday that it has seen a 65% customer conversion rate rise online since implementing new social technology that allows UGC from its social channels to be viewed in a gallery on its website.
Germany's SAP said on Sunday it was buying Qualtrics International Inc for $8 billion in cash, pre-empting a planned stock market listing by the U.S. firm that specialises in measuring the sentiment of consumers online.
EU governments are divided over a plan to tax big internet firms like Google and Facebook on their turnover, fearing retaliation from the US, and could delay its application, officials said on Tuesday.
Facebook Inc on Tuesday relieved investors by forecasting that margins would stop shrinking after 2019 as costs from scandals ease up, sending shares up despite a second-straight quarter with record-low user growth.
Facebook, Amazon.com, Netflix and Alphabet were at the centre of a volatile session on the U.S. stock market on Monday, cleaving $200 billion off of the FANG group's combined market capitalisation in two sessions.