The use of hashtags, which has become so prevalent in social media outlets like Twitter and Instagram, is coming to Facebook ( FB). Now, hashtags can be used to share content on Facebook. When a user clicks on a hashtag, he will be taken to a feed of what other people and pages are saying about a given topic. Users can also search for a specific hashtag in the search bar. Hashtags will still apply to the user's privacy settings. Hashtags have already started rolling out to Facebook's desktop site. It should reach all users within the next few weeks. Mobile users will be able to post a hashtagged phrase, although they won't be able to see a hashtag feed yet.
Royal Bank of Scotland ( RBS) announced it would cut more jobs in a restructuring of its investment bank. The cuts could reportedly result in up to 2,000 additional jobs lost. The British lender said it plans to focus its markets division on its core fixed income products.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.