143.33 -0.89 (-0.62%)
After hours: 7:59PM EST
|Bid||143.06 x 1200|
|Ask||143.33 x 900|
|Day's Range||141.55 - 145.58|
|52 Week Range||139.03 - 218.62|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||21.74|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Facebook didn't take long to roll out Messenger's unsend feature, although it may be a while before you have the option of correcting missteps in your part of the world. Unsending is now available in Messenger's Android and iOS apps in Bolivia, Colombia, Lithuania and Poland, with promises it will be available in other countries as soon as it's possible. Facebook will keep unsent messages for a short amount of time in order to prevent harassers from using the option to cover their tracks.
Apple still on the minds of investors who are closely watching the stock. Yahoo Finance's Adam Shapiro, Seana Smith, Andy Serwer and Randy Frederick - Vice President of Trading and Derivatives, Schwab discuss..
Tech stocks take a beating with Apple leading the way. Yahoo Finance's Seana Smith, Adam Shapiro, Dan Roberts and Randy Frederick - Vice President of Trading and Derivatives, Schwab discuss.
Democratic U.S. Representative David Cicilline, expected to become the next chairman of House Judiciary Committee's antitrust panel, said on Wednesday that Facebook Inc (FB.O) cannot be trusted to regulate itself and Congress should take action. Facebook did not immediately respond to a request for comment. Facebook Chief Executive Mark Zuckerberg said a year ago that the company would put its "community" before profit, and it has doubled its staff focused on safety and security issues since then.
Facebook Inc.’s difficult year is taking a toll on employee morale, with several key measures of internal sentiment taking a sharp turn for the worse over the past year, according to people familiar with the matter and messages reviewed by The Wall Street Journal. Amid a plunge in the stock price, ongoing leadership turmoil and critical media coverage, just over half of employees said they were optimistic about Facebook’s future, down 32 percentage points from the year earlier, according to the survey, which was taken by nearly 29,000 employees. Fifty-three percent said Facebook was making the world better, down 19 percentage points from a year ago.
Democratic U.S. Representative David Cicilline, expected to become the next chairman of House Judiciary Committee's antitrust panel, said on Wednesday that Facebook Inc cannot be trusted to regulate itself and Congress should take action. Facebook did not immediately respond to a request for comment. Facebook Chief Executive Mark Zuckerberg said a year ago that the company would put its "community" before profit, and it has doubled its staff focused on safety and security issues since then.
Facebook Inc. used a political opposition-research group in an attempt to tie a group critical of the social network to liberal billionaire George Soros last summer, according to a bombshell report released Wednesday afternoon.
Increased regulation of U.S. technology companies is one of the biggest risks to a sector that has led stocks higher, potentially derailing the market's near-decade-long bull run if it suffers a sustained selloff. Speaking at the Reuters Global Investment 2019 Outlook Summit in New York, Pacific Investment Management Co Global Economic Advisor Joachim Fels said potential increased regulation of social media companies remains one of the major downside risks to higher equities. "It is something to focus on as a risk because tech has been leading the stock market," said Fels.
Billionaire manager David Tepper's firm had added 100,000 shares of Apple and 1.2 million shares of financial firm State Street by the end of September. Appaloosa cut its position in Facebook by 1.8 million shares, to 3.3 million shares. Appaloosa also more than doubled its position in the utility PG&E by the end of the third quarter.
Following heavy criticism over its handling of Russian election interference on its platform, Facebook in October 2017 expanded its work with Definers Public Affairs, a Washington public relations firm, according to a report in the New York Times. That firm published dozens of articles criticizing rivals Google and Apple for their business practices while downplaying the impact of Russia's misinformation campaign on Facebook.
Apple Inc. (NASDAQ:AAPL) is giving up ground to other stocks as more 13F filings pour in, and it appears Facebook Inc (NASDAQ:FB) could cough up its perch atop the list of the 25 Most Popular Stocks Among Hedge Funds in 2018 to Microsoft Corporation (NASDAQ:MSFT). Insider Monkey has finished processing close to 70% of the […]
The European Union may open a probe into Facebook’s (FB) tax deals with Ireland, according to Politico. Probes into the tax affairs of several American multinationals have resulted in huge fines in Europe. A probe into Apple’s tax deals with Ireland resulted in the company being ordered to pay around $15 billion in back taxes. And last year, Amazon (AMZN) was ordered to pay nearly $300 million in back taxes to Luxembourg, following a European Commission probe that faulted Amazon’s tax arrangement with Luxembourg. Both Apple and Amazon deny wrongdoing.
U.S. digital advertising revenue surged 23% to a record $49.5 billion in the first half of 2018, according to a report from IAB Internet Advertising Revenue. In the first six months of the year, mobile drove total digital ad revenue growth, posting a 42% gain YOY to $30.9 billion in revenues, compared to just $3 billion in revenues for the full year 2013.
The U.K. Prime Minister has also handed Labour an equally difficult choice: The outcome will decide whether she gets her way. For vocal Brexiters like Boris Johnson and Jacob Rees-Mogg, anything short of a total break from all EU rules and institutions is a betrayal of the Brexit referendum. As lawmakers prepare to vote on May’s plan, the opposition is faced with a choice it can only hate: Either it supports a government it wants to replace, or votes against a deal that offers the country its best chance of an orderly Brexit.
Facebook (FB) has delayed the rollout of a requirement that people or organizations buying British political ads on its platforms verify their identity and disclose who is funding the campaigns. The political ad identity check requirement had been scheduled to take effect on November 7 and become a mandatory condition to be met before political ads aimed at British citizens could be allowed to run on Facebook networks. Facebook said it was delaying the rollout of the political ad check to allow it time to improve its vetting process so it cannot be abused.
Evan Spiegel, Snap Inc.’s co-founder and chief executive, has consistently said that Snapchat is a place for deep interactions with a small number of close contacts. Facebook has relentlessly copied Snapchat, and this is a chance for Snap to turn the tables by borrowing select advertising tactics from Facebook’s messaging apps.
The rally in tech names, especially the FAANG stocks including Facebook (FB) and Netflix (NFLX), has been a pillar of support for markets (SPY). However, some of the technology names that helped drive markets have seen selling pressure after a strong first half of 2018. Apple and Amazon (AMZN) crossed the $1 trillion market capitalization in 2018. While Amazon might give away its gains soon, Apple didn’t hold onto the trophy.