Facebook is shutting down Hello, Moves and the anonymous teen app tbh due to ‘low usage’

Facebook, the world’s largest social network with 2.2 billion users, is all about capitalizing on scale, and so today it announced that it would be sunsetting three apps in its…

Twitter Shares Fall 18%: Tech News Today 1248

Twitter stocks tanked after the company yesterday reported a loss of $162.4 million. For the full episode, go to http://twit.tv/tnt/1248. source

The FBI, FTC and SEC are joining the Justice Department’s inquiries into Facebook’s Cambridge Analytica disclosures

An alphabet soup of federal agencies are now poring over Facebook’s disclosures and the company’s statements about its response to the improper use of its user information by the political…