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1ClassyLady 68F
3120 posts
12/18/2021 5:20 am
Social Media companies changed business names

Google (GOOGL ) reinvented the way the world accesses information. The company has a whole host of apps and tools that many consumers use on a daily basis, from its search engine and Gmail to Google Drive, its file storage service. Google's parent company as Alphabet. But many people aren't aware of how the corporation ushered in this change. why the company's management decided to make the switch from Google to Alphabet? Google abruptly renamed itself Alphabet in 2015, making Google a subsidiary. As a parent company, Alphabet allowed Google to expand into domains outside of internet search and advertising to become a technology conglomerate. The company now runs a lesser risk of antitrust violations and is also better able to account for income streams from various subsidiaries.

Facebook (FB ) is changing its company name as it shifts its focus to the "metaverse" and confronts wide-ranging scrutiny of the real-world harms from its various platforms after a whistleblower leaked hundreds of internal documents. Founder Mark Zuckerberg said that Facebook will change its corporate name to Meta, effectively demoting Facebook's namesake service to being just one of the company's subsidiaries, alongside Instagram and WhatsApp, rather than the overarching brand. Facebook also said in a press release that it plans to begin trading under the stock ticker "MVRS" on December 1.

Twitter (TWTR ) CEO Jack Dorsey has stepped down from his position, sources told CNBC. Dorsey was the CEO of Twitter and Square, a digital payments company. Twitter Chief Technology Officer Parag Agrawal will replace Dorsey, per The Verge.

Square Inc. (SQ), a digital payments company is renaming itself Block as it focuses on technologies like blockchain and expands beyond its original credit card reader business. Jack Dorsey’s payments giant said in an announcement the new name, effective Dec. 10, “acknowledges the company’s growth” and “creates room for further growth.”

Honesty is the best policy.

1ClassyLady 68F
3289 posts
12/19/2021 1:19 am

I have decided to de-list TWTR and SQ from my watching list. My watching list contains 60 stocks.

My best performance stocks in 2021 are TSLA, NVDA, ADBE, CRM, AAPL, QCOM, REGN, and I sold all my holdings at high for profits. I will come back to own them at low again when market has a big correction.

I need to pay "Uncle Sam" on April 15, 2022.

Honesty is the best policy.

1ClassyLady 68F
3289 posts
12/18/2021 7:19 am

Compare the Jack Dorsey before and after photos. CEO's image is very important. He was handsome, good looking and intelligent guy, now he looks sloppy vagrant.

Jack Dorsey is the CEO of Twitter (social media) and Square, Inc (digital payment). He grew beard and went to Africa. He quit Twitter CEO job recently.

Honesty is the best policy.

1ClassyLady 68F
3289 posts
12/18/2021 6:01 am

I like Google search engine, Gmail, Google Maps, Google Chrome, YouTube videos app (my favorite app), Google Finance, Google owns Waymo LLC is an American autonomous driving technology development company,..... etc. Yes, I own Google stock from time to time. I sold some at high and remain a little bit shares of Google at this time.

I have a little shares of Facebook stock after sold some at high.

I have had lots of TWTR long time ago when its CEO, Jack Dorsey was "clean shaved". TWTR made me a good fortune in the past. Ever since Jack Dorsey grew beard and looks like a vagrant I have NEVER bought TWTR. The CEO's image is very important to me. I like "clean shaved" males.

I never had Square, Inc. SQ stock. I don't like digital payment companies or Bitcoin or any Cryptocurrency that beyond my comprehension.

I spent lots of my time on YouTube app (Google owns) and gained lots of knowledge and entertainment.

Honesty is the best policy.