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Amazon Exceeds Analyst Predictions, Posts its Highest Q4 Profits Ever
Buoyed by strong holiday sales and the robust performance of its cloud computing division, Amazon exceeded previous expectations set by analysts for its fourth quarter performance. The eCommerce giant posted a staggering $60.5 billion in revenue, surpassing Wall Street estimates which projected its revenues for the period to only reach $59.83 billion.
Facebook Plans to Fight Fake News with User Surveys
Facebook is now trying out a new strategy to combat fake news. In a surprising move, the social media giant feels that the best way to handle the issue is by surveying the users themselves on which news sources they think are trustworthy.