Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
A recent Fed survey showed that workers' confidence for finding a new job after losing their current position was at 61.5% in May.Economyread more
The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
The "captive carry flight test" evaluates the mock weapon during flight and is the Air Force's latest step amid the budding hypersonic arms race between China and Russia.Politicsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
European aircraft manufacturer Airbus is betting travelers will want to fly long distances on smaller jets with the launch of its Airbus A321 XLR.Airlinesread more
The action reflects the evolving dynamic for U.S. companies that have done business with Huawei, which has been caught in the middle of growing U.S.-China trade tension.Technologyread more
The announcement comes after Trump blasted three countries because thousands of their citizens had sought asylum at the U.S. border with Mexico.Politicsread more
Deutsche Bank plans to dramatically reduce the size of its U.S. equities business, leaving only a skeleton operation in place to service corporate and high-net-worth clients,...Banksread more
June 12 (Reuters) - Facebook Inc said on Wednesday monthly users to its Watch video service had doubled since December while announcing more partnerships with international broadcasters and publishers in its bid to take on Alphabet Inc's YouTube.
Some 720 million people monthly and 140 million people daily now spend at least one minute daily on Facebook Watch, the company said, as it outlined the expansion of its money-generating Ad Breaks service into Canada and five new languages.
The company rolled out the video service globally last year, one year after it was launched in the United States, and had 75 million people spending at least a minute on the service daily in December.
Facebook said it was partnering with global publishers to bring popular shows like The Voice Germany, Germany's Next Top Model and match previews, as well as highlights of the ongoing Cricket World Cup, to the Watch platform.
The company, which is also investing in its own "Originals" content for the service, is pushing ahead with the expansion into YouTube's territory despite increasing scrutiny of how user-generated videos can serve as gateways for radicalization.
Facebook has received flak from regulators over the past year for how it moderates content on its platforms and it has controls in place for publishers seeking to make money for their content through Ad Breaks.
To be eligible, pages need to have been creating 3-minute videos that have generated more than 30,000 1-minute views in the past two months, have 10,000+ Facebook followers, and be located in a country where Ad Breaks is available.
All videos with ad breaks also undergo a partially automated, partially human-driven review process aimed at ensuring it meets the company's content guidelines. (Reporting by Mekhla Raina and Subrat Patnaik in Bengaluru; editing by Patrick Graham)