Facebook ready to test ‘dislike’ button

Mark ZuckerbergFacebook may finally be getting a button that lets you quickly express something beyond a “like.” Founder and CEO Mark Zuckerberg said Tuesday that people have been asking for a “dislike” button on the social media site for years. Speaking at an event at Facebook’s Menlo Park, California, headquarters that was streamed live online, Zuckerberg acknowledged that “like” isn’t always appropriate for some posts — about a tragic news event, for example — when people might want to express empathy. Zuckerberg said the company, however, has veered away from making a “dislike” button, which could be used to vote down other people’s posts. He said the new button is ready to be tested soon and could be rolled out broadly depending on how it does.

Zara_BloombergSpanish owner of Zara posts 26 pct rise in half-year profit

The Spanish owner of the Zara clothing store chain says profit for the first half of 2015 rose 26 percent, boosted by growth in all its markets around the world. Inditex Group said in a statement yesterday that profit for the January-June period was 1.2 billion euros (USD1.4 billion). Revenue for the period was 9.4 billion euros ($10.6 billion), up 17 percent compared with the same six months last year. Inditex says it opened new stores in 35 markets during the first six months of the year, lifting its total store count to 6,777 in 85 markets. The company says more than 10,000 jobs were added and about a quarter of them were in Spain. Inditex shares were up 3.1 percent yesterday morning in Madrid.

Categories Business