|Bid||0.00 x 45000|
|Ask||0.00 x 46000|
|Day's Range||178.44 - 180.54|
|52 Week Range||110.59 - 185.00|
|Beta (3Y Monthly)||0.83|
|PE Ratio (TTM)||26.60|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Jul.19 -- Ross Gerber, chief executive officer of Gerber Kawasaki Wealth and Investment Management, and Bloomberg Opinion's Shira Ovide, discuss Facebook Inc.'s plans for a new cryptocurrency on "Bloomberg Technology." Ovide's opinions are her own.
Jul.18 -- Max Levchin, Affirm chief executive officer and co-founder of PayPal, discusses the regulation of Facebook Inc. and its plans for a new cryptocurrency with Bloomberg's Emily Chang on "Bloomberg Technology."
Stock futures: After the stock market reversed Friday, Amazon, Facebook, ServiceNow are back to buy points ahead of earnings this week. What should you do?
Amid all the talk of antitrust, government regulation and cryptocurrency plans, it might be nice for Big Tech just to focus on earnings this week — unless they are bad, of course.
They include sizzling household names -- such as McDonald's and Facebook -- and regional banks -- such as First Commonwealth -- and they are all names to keep an eye on this week as earnings come in.
The $5 billion bomb the Federal Trade Commission is expected to drop on Facebook Inc. would seem to presage choppy waters for the social-media company, but investors hardly seem to care.
Keep an eye on the social media giant's revenue growth and spending outlooks, as well as its active user figures and any commentary shared about its stories services.
After recent reports of a record-setting fine, it needs to put its history of consumer privacy issues behind it.
The stock market pulled back for the week amid heavy earnings. Netflix dived, Microsoft rose, Facebook Libra faced critics. Some top stocks broke out.
Snap Inc. reports earnings on July 23 and new numbers from web analytics firm Similarweb show something to encourage investors.
FaceApp, the app that shows users aged pictures of themselves using artificial intelligence, has more than 80 million users all over the world and is currently the number one free app in both Apple Inc’s (NASDAQ: AAPL) iOS App Store and Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Play Store, according to Business Insider. Senator Chuck Schumer (D-NY) sent a letter to the FBI and FTC on Wednesday calling for the agencies to investigate any potential national security and privacy risks posed by the app’s usage.
The social-media giant's headline risk 'is terrible' because of Libra, but Facebook's business is still fundamentally strong, Jim Cramer says.
From a tale of a school rabbit to reflections on humans’ place in a future world ruled by AI — here is a taste of the best books of the week. Some of the best-informed observers of Russia have just published books that examine the condition and nature of the world’s geographically largest state.
(Bloomberg) -- Sure, I like privacy in the abstract. But I’m applying for an apartment in New York City, and I just sent out my only slightly redacted W-2, credit history and screenshots of my bank account to several people just because they said they’re real estate brokers.So I cannot judge the thousands of Americans who sent in a picture of themselves to a Russian-made smartphone application that they hadn’t heard of the day before. FaceApp is a viral app that allows people to create startlingly realistic images of themselves as seniors or as children. And this week, it incited a panic as reports emerged that people using the app were sending their images to a little-known Russian company for doctoring.The scandal is not surprising. Whether it’s a hip thing like FaceApp (literally all it does is age you)—or the age-old torture of applying for an urban apartment—it doesn’t take much to get any of us to hand over our data.I have no idea whether people should be wary of FaceApp in particular. Security researchers have found no evidence that it sucks up all your photos or does anything similarly nefarious. The company said it deletes most images within 48 hours and that it will remove user data upon request.The fact that it’s Russian isn’t enough to discredit it. But Democratic Senate Minority Leader Chuck Schumer has called for an FBI investigation. And if we were living in a movie, the all-powerful facial recognition machine that brings humanity to its knees would certainly be built on the back of viral human vanity.It’s interesting to look at the FaceApp panic in the context of the broader privacy conversation around Silicon Valley’s tech giants. At Facebook Inc., the company has argued that its size is part of the reason it’s able to safeguard user data better than smaller, less controllable competitors. And compared to any random app, I’m sure Facebook is fairly responsible. (Listen to this podcast for a compelling argument that the whole Cambridge Analytica scandal might have been kind of overblown.)Facebook’s opponents argue that by breaking it up, its various pieces and their competitors would be forced to compete by offering superior privacy protections. But with so many people so willing to trade their data for convenience (or a discount, or an apartment, or a face filter), the invisible hand of the market probably won’t protect us from tech overreach.The most obvious answer is privacy regulation. This is why we elect leaders to create a regulatory state to watch out for us. I’m not particularly interested in investigating the factory farm that pumps out the eggs that I buy. That’s why I rely on the Food and Drug Administration to keep an eye on things.But in the absence of strong government oversight in the internet world, we’ve had to rely on app stores and other log-in tools to protect us. That has some mixed results. And it means the gatekeepers—Apple Inc., Google and Facebook, in particular—know a ton about us.I’m sure some privacy-minded people will object to this sort of defeatism. Yes, people can take some responsibility for their privacy. As in, maybe do some background googling before downloading an app from a company that you’ve never heard of? But more likely, people will just embrace the post-privacy dystopia. If regulators won’t police the most obvious targets, Apple, Google and Facebook (which has even called for regulations!), I guess the Russians can enjoy looking at our smiling, naïve faces.This article also ran in Bloomberg Technology’s Fully Charged newsletter. Sign up here.And here’s what you need to know in global technology newsWeWork's CEO reaps cash riches without IPO. Adam Neumann has sold $700 million through sales and loans, the Wall Street Journal reports.Trade wars aren't all bad. The markets seem to think that South Korean chipmakers stand to benefit.Grindr struggles under new management. The president of the gay dating app once said "holy matrimony" should be between a man and a woman. BuzzFeed dug into the company's challenges.Worried about making enough money? Getting that dream job? Take a moment to try the Bloomberg Work Wise career calculator and learn how your salary stacks up, and how much your dream job might pay.To contact the author of this story: Eric Newcomer in New York at email@example.comTo contact the editor responsible for this story: Anne VanderMey at firstname.lastname@example.orgFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The Israeli company whose spyware hacked WhatsApp has told buyers its technology can surreptitiously scrape all of an individual’s data from the servers of Apple, Google, Facebook, Amazon and Microsoft, ...