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C&E Executive News Filter

Fetch Rewards Inc., a SoftBank-backed consumer rewards company, has named David Sommer as its first chief customer officer, the company said. Mr. Sommer was previously head of industry at Facebook parent Meta Platforms Inc., overseeing the accounts of the company’s largest retail and consumer packaged goods clients, such as Walmart Inc. and Procter & Gamble […]

Jan. 6, 2022 4:40 pm ET Meta CEO Mark Zuckerberg. Photo: Nick Wass/Associated Press In “No Facebook Funding for Elections” (op-ed, Dec. 31), Tarren Bragdon and Joe Horvath endorse a ban on private funding for public election administration. The problem they target—partisan spending by public officials—may be real, but their proposed ban is a significant […]

When you watch a magician wave his right hand in a flourish, keep an eye on his left, because that’s usually where the real action is. This lesson is certainly true of Facebook’s own recent “magical” flourishes. First, Facebook unveiled a new name — Meta Platforms FB, -1.12% — as part of its project to […]

Individuals may have digital dollars accessible by way of smartphones inside a couple of years. Paper cash and checkbooks gained’t go away fully however the general advantages of digital cash are compelling. Most of us already obtain paychecks, Social Safety advantages and another funds digitally by way of direct deposit. We are able to swap these funds […]

Do traders in Meta Platforms inventory know one thing that the remainder of Wall Avenue doesn’t? For the reason that firm modified its identify from Fb FB, +1.28% in late October, the inventory is up 8%. But there’s been no corresponding improve within the consensus estimate of the corporate’s future earnings. Quite the opposite, the […]