Stock in News: Facebook Inc (NASDAQ FB) Could Be Sued For Its New ‘Rooms’ App

Facebook Inc (NASDAQ:FB) could face a potential legal battle in connection with its “Rooms” app, which was launched last week. Facebook previously faced similar trademark issues related to its Timeline feature, Paper news reading app and Bolt photo-messaging app for Instagram. Damien Rottemberg, co-founder and CTO of Room Inc., the developer of Room app, which…

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Major Stock News: Another Round Of Microsoft (NASDAQ MSFT) Layoffs

According to knowledgeable sources, Microsoft Corporation (NASDAQ MSFT) is laying off its entire global advertising sales team. The reduction in force comes as the ad sales positions have become largely redundant as individual divisions are handling their own ad sales today. The sources note the layoffs are coming within the Microsoft Advertising division, and are…

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