Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
The U.S. and China have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018.Traderead more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
China is reducing support for its electric carmakers a move experts and industry insiders warn could lead to consolidation and waning investor appetite. But some of the...Technologyread more
Is your CEO on the list? Glassdoor has the results.Power Playersread more
Joseph Gaspar, the chief financial officer at Elbit Systems, said M&A among firms in the sector began to pick up pace in the 1980s and looks set to continue.Paris Air Showread more
Stocks in Asia rose on Wednesday following positive developments overnight on the U.S.-China trade front.Asia Marketsread more
The U.S. Department of Defense has hit back at Russian officials who have criticized a U.S. plan to deploy more troops to the Middle East.World Politicsread more
Signs of companies moving out of Hong Kong have emerged, members of the business community told CNBC following massive protests in the city. But one analyst said Hong Kong's...China Politicsread more
The European Central Bank's (ECB) vice president said another large bond-buying program could be an option if inflation in the region doesn't reach its intended target.Europe Newsread more
When Europe implemented strict new privacy laws last spring, Facebook's daily active user numbers in the region started to drop.
Fast forward one year and a record number of Europeans are using the platform every day.
Facebook reported 286 million daily active users in Europe in the first quarter of this year, 4 million more than in the prior quarter. The number marks the second consecutive quarter of growth in the continent, after declines in the first half of 2018.
"Despite the negative media coverage and the new privacy regulations brought into Europe, Facebook continues to show stable user trends with growth in Europe this quarter on a sequential basis," said Christopher Rossbach, CIO of private investment firm J. Stern & Co., in an email Thursday.
"[In] Europe, we saw the declines that we anticipated from GDPR," Facebook CFO David Wehner said on the company's July 2018 earnings call. "And I would say there, really, those impacts were purely due to the GDPR impact, not other engagement trends."
Now, there are signs those concerns were overblown. In a note published Thursday morning, analysts at Baird said Facebook's 4 million new daily active users in Europe are "a potential sign that the engagement impact of GDPR was transitory."
Europe's rebound could bolster the case for more regulation, not least from Facebook itself. On Wednesday's earnings call, Facebook CEO Mark Zuckerberg reiterated his call for more privacy regulation like GDPR. Users, meanwhile, have consistently forgiven the company for seemingly endless privacy and security lapses over the past year.
"Everyone talks about this distrust that they have of Facebook now but at the end of the day they're simply hooked on this platform," said Gene Munster, managing partner at Loup Ventures, on CNBC's Fast Money Wednesday.
Where GDPR does appear to have a bigger impact is on Facebook's advertising targeting strategy.
"The number of people who have opted out on using context from the apps and websites that they visit for ad targeting has continued to increase since the adoption of GDPR, so we've seen that come up both in Europe and around the world," Wehner said on Wednesday's earnings call.