175.10 +0.40 (0.23%)
Pre-Market: 7:16AM EDT
|Bid||175.30 x 1400|
|Ask||175.49 x 1000|
|Day's Range||174.01 - 180.50|
|52 Week Range||149.02 - 218.62|
|PE Ratio (TTM)||27.03|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Facebook has reportedly stopped surfacing posts, Pages and Groups when users search for opioids like OxyContin and fentanyl, TechCrunch reports. The change comes as the Centers for Disease Control release estimates showing continued increases in opioid-related death rates across the US. The company told TechCrunch that it is working to make it more difficult for users to find content that might connect them with dealers.
The social network has secured the rights to stream live Champions League matches for free in Latin America between 2018 and 2021. It's not as sweeping as the earlier arrangement, as Facebook will only broadcast 32 games per season. Access started with the UEFA Super Cup on August 15th (sorry about that!), and it will include both future Super Cups as well as finals.
Jim Cramer answers callers' questions about how to diversify their portfolios, including which tech stocks to keep and which to throw out.
Facebook is pushing back on a report that suggests company executive Campbell Brown said in a private meeting that CEO Mark Zuckerberg "doesn't care" about news publishers. Nick Thompson, Wired magazine editor-in-chief, joins CBSN's Tanya Rivero to discuss the report and what it means for Facebook down the road.
Privacy concerns and slowing user growth haven’t dampened hedge funds’ enthusiasm for Facebook Inc (NASDAQ:FB) in the slightest. The latest hedge fund ownership data compiled by Insider Monkey shows that the social media giant is far and away the most popular stock among the funds that we track, based on the latest quarterly 13F filings, […]
Fast-growing Facebook is now looking to Burlingame to expand its Bay Area footprint outside of its Menlo Park headquarters.
Right-wing provocateur Alex Jones has had programming knocked off Facebook, Google and other online platforms after it was deemed hate speech. Now the operators of a Texas radio station in his Texas hometown that carried his show are facing legal action. Federal prosecutors on Aug. 10 asked a court to compel payment of a $15,000 penalty by Walter Olenick and M. Rae Nadler-Olenick, who were accused in 2014 by the Federal Communications Commission of operating a radio station without a license on 90.1 FM in Austin.
In terms of geography, Twitter (TWTR) breaks its results down into two units: US and International. On the basis of audience, the International unit is Twitter’s largest, as ~80% of its users are outside the United States. On the basis of revenue, the United States is Twitter’s largest unit, supplying over 50% of its revenue.
“It’s incredible to see how people have come together,” says Asha Sharma, Facebook’s Head of Product, Social Good.
Twitter (TWTR) has been stepping up its efforts to stimulate growth in its international business. The company recently rolled out its Twitter Lite app to nearly two dozen more countries. Twitter Lite is a lightweight version of the main Twitter app.
Pro-Trump America First Action super PAC wants to add billionaire venture capitalist Peter Thiel to its list of high-profile donors, according to a person with direct knowledge of the matter. It is unclear whether Thiel, a big donor to pro-Trump groups in 2016, will throw the group his support. Going into this year's midterm primary season, several of Trump's closest confidants were concerned that Thiel would be a no-show in the campaign.
JD.com (JD) reported its results for the second quarter of 2018 on August 16. Net revenue grew 31% YoY (year-over-year) to 122.7 billion renminbi. Both product and service revenues drove the growth. Annual active customer accounts rose 21.5% to 313.8 million in the 12 months ended June 30.
Billionaire entrepreneur and investor Mark Cuban appeared on CNBC recently and sounded a cautious tone about the stock market. In this column, I will explain why someone who is cautious about the stock market can be bullish about NFLX stock and AMZN stock. Cuban does own four dividend stocks.
As a result, investors targeted U.S. big-cap tech stocks, which have single-handedly bolstered broad market averages in recent months. Facebook (NASDAQ:FB) shares are testing back below their 200-day moving average, succumbing to new post-earnings selling pressure after the company reported weaker-than-expected user growth and warned of constrained profit margins going forward. The spell of “social forever” was broken, as investors realized Facebook’s best days may now be behind it.
Amazon's (AMZN) aggressive plans with Twitch bode well for its strengthening ad business and gaining competitive edge in the digital advertising space.
In April, Amazon (AMZN) said it was hiking its Prime membership fee from $99 per year to $119 per year. That move appeared to divide observers, with some expressing concern that a price hike could spark an exodus from Prime membership. Others supported a price hike that could help Amazon garner more revenues.
Tencent Holdings (TCEHY) declared its earnings results for the second quarter of 2018 on August 15. Its revenue grew 30% YoY (year-over-year) to 73.7 billion yuan in the second quarter of 2018.
The social media group outlined the moves in a blog post on Thursday, hours after Reuters published a report that Facebook was still hosting more than 1,000 posts or comments inciting hatred or violence against minority Muslims in the largely Buddhist country as of last week. “The ethnic violence in Myanmar is horrific and we have been too slow to prevent misinformation on Facebook,” said Sara Su, a product manager for the company. The company said that it had “proactively identified” about 52 per cent of the content it removed for hate speech in Myanmar in the second quarter of this year, up from 13 per cent in the last quarter of 2017.
Facebook has been “too slow” to address hate speech in Myanmar and is acting to remedy the problem by hiring more Burmese speakers and investing in technology to identify problematic content, the company said in a statement on Thursday. "The ethnic violence in Myanmar is horrific and we have been too slow to prevent misinformation and hate speech on Facebook,” Facebook said. The Reuters story revealed the social media giant for years dedicated scant resources to combating hate speech in Myanmar, which is a market it dominates and where there have been repeated eruptions of ethnic violence.
Facebook has been “too slow” to address hate speech in Myanmar and is acting to remedy the problem by hiring more Burmese speakers and investing in technology to identify problematic content, the company said in a statement on Thursday. The acknowledgement came a day after a Reuters investigation showed why the company has failed to stem a wave of vitriolic posts about the minority Rohingya. "The ethnic violence in Myanmar is horrific and we have been too slow to prevent misinformation and hate speech on Facebook,” Facebook said.
Facebook is asking large U.S. banks for their customers’ detailed transaction information (“Facebook Asks Banks for Customer Data,” page one, Aug. 7). You can’t sell a customer’s banking data in the same way you sell his or her internet surfing behavior. The World Economic Forum, working with the finance industry, believes the principles should be: Customers control their data, not the companies collecting them.