|Bid||144.73 x 1200|
|Ask||144.67 x 1300|
|Day's Range||141.62 - 144.82|
|52 Week Range||139.03 - 218.62|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||21.75|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Brexit discussions continue. The President tweets about Florida election recount. Facebook fires Oculus co-founder. A Japanese man marries a hologram. Yahoo Finance's Adam Shapiro discusses.
After donating $10,000 to an anti-Hillary Clinton group and supporting Trump during his 2016 Presidential campaign, Facebook has denied reports of firing Oculus founder Palmer Luckey based on his views. Yahoo Finance's Adam Shapiro, Julie Hyman, Liz Young and Julia La Roche discuss.
Makan Delrahim, U.S. Assistant Attorney General for Antitrust, discusses the Department of Justice’s antitrust policy when it comes to big tech and his approach to antitrust enforcement.
“Bulls & Bears” panel on the report that Facebook fired an executive for donating to an anti-Hillary Clinton group.
It looks like the smart money was pouring into Apple Inc. (NASDAQ:AAPL) in Q3 after the stock had fallen from grace among leading money managers in recent months. We’re a day away from the 13F deadline for the September 30 reporting period, when institutional investment managers with at least $100 million in equity holdings must file a […]
Bears Gain Steam as Rally Reverses Stocks look like they’re going higher today, but that’s what the bulls thought at the beginning of the week as well. The S&P 500 (NYSEARCA:SPY) crashed through its 200 day moving average yesterday to the chagrin of bulls, and now has to try to regain it again, negating a […] The post Market Morning: Bears Regain Lead, Facebook Disconnected, Brexit End Game, Amazon Bites Big Apple appeared first on Market Exclusive.
PARIS—A team of French regulators will spend six months monitoring how Facebook Inc. removes certain kinds of illicit content as part of a pilot program to establish a new model for regulating global technology companies. French President Emmanuel Macron announced the project Monday as part of a call for tighter regulation of Silicon Valley companies, in areas including copyright, terrorism and competition law. The partnership, which is slated to begin in January, would represent broader and deeper access to Facebook’s moderation efforts than previously offered to outside officials around the world, according to a person familiar with the matter.
Facebook says its CEO "is not able to be in London on November 27th" to attend the "international grand committee" of at least five governments investigating disinformation and election influencing
Tim Kendall last year deleted the Facebook app from his phone for reasons that are becoming increasingly common: a sense of anxiety and dissatisfaction after viewing other people’s filtered lives, frustration at the divisive political discourse and harassment from trolls. What makes Mr. Kendall’s move more surprising is he was an early architect of Facebook Inc.’s business model, and has served as president of another popular social-media business, image-sharing company Pinterest Inc. Mr. Kendall is wealthy and a success professionally by almost any measure, but the endless scrolling through social media was producing unwanted negativity in his life.
Facebook shares closed Monday at their lowest since April 2017. Facebook has endured a tough 2018 that has been riddled with scandals, including Cambridge Analytica's handling of user data and the spread of harmful content across its network. Facebook FB shares closed at their lowest price in 19 months, and have now plunged 35 percent from their peak in July.
It is a decidedly brick-and-mortar strategy for the social media giant that counts nearly 20 percent of the world population among its active daily users.
Facebook Inc.'s core website appeared to go offline Monday about 1 p.m. Eastern time, though functionality returned for some users within about an hour. Attempting to navigate to the website earlier Monday led to a message saying "Sorry, something went wrong. We're working on it and we'll get it fixed as soon as we can." While the mobile application was still working for some, Facebook's status blog for developers returned the same message. Instagram appeared to be functioning normally. By 2 p.m. Eastern time, the websites appeared to be functioning, though no mention of any issue appeared on Facebook's status blog. Facebook did not respond to a request for information made when the site went offline.