165.60 +0.19 (0.11%)
After hours: 7:55PM EDT
|Bid||165.50 x 800|
|Ask||165.75 x 800|
|Day's Range||160.88 - 165.70|
|52 Week Range||149.02 - 218.62|
|PE Ratio (TTM)||25.59|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||210.06|
Facebook's content moderators don't have an easy task. Ex-contractor Selena Scola has sued Facebook for allegedly "ignoring its duty" to protect moderators who deal with mental trauma after seeing disturbing imagery. Rather than create a safe environment, it's producing a "revolving door of contractors" who are permanently scarred by what they've seen, Scola's lawyer Korey Nelson said.
Facebook Ad Breaks, the social network's pre-roll and mid-roll video ads, are launching in 21 new countries. Facebook announced that Ad Breaks were generally available last month in five countries: the United States, United Kingdom, Ireland, Australia and New Zealand. Maria Smith, Facebook's director of product for the news feed and media monetization, noted that Facebook first started testing these ad units more than a year ago.
The U.S. Justice Department said on Monday it will hold a "listening session" with officials from more than a dozen states on Tuesday to discuss consumer protection and the technology industry, an agency official said. The meeting, first announced on Sept. 5, was called by Attorney General Jeff Sessions to discuss whether social media companies have intentionally stifled "the free exchange of ideas." It followed criticisms by President Donald Trump of social media outlets, alleging unfair treatment of conservatives. Sessions will meet with attorneys general or representatives from California, Louisiana, Missouri, Nebraska, and Texas, among others, said the official, who declined to be named.
Glancy Prongay & Murray LLP (“GPM”) reminds investors of the September 25, 2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Facebook, Inc. (“Facebook” or the “Company”) (NASDAQ: FB) securities between October 1, 2017 and July 26, 2018, inclusive (the “Class Period”). On July 25, 2018, Facebook announced its financial and operating results for the second quarter of 2018. On a conference call discussing Facebook's financial outlook, chief financial officer David M. Wehner stated that Facebook expected its revenue growth to slow and its operating margins to fall, stating that Facebook "expect[s] currency to be a slight headwind in the second half versus the tailwinds we have experienced over the last several quarters" and that the Company "plan[s] to grow and promote certain engaging experiences like Stories that currently have lower levels of monetization." On this news, Facebook's share price fell $41.24, or 18.96%, to close at $176.26 on July 26, 2018.
Shares of Facebook (FB) surged Monday to close regular trading hours up 1.5% despite news that the social media giant is being sued for its treatment of content moderators who review some of the most horrific and "depraved images" posted on Facebook. This means that investors are excited about Facebook's latest advertising announcement and its new hire to help its expansion in India.
Facebook (FB), Google (GOOGL) and Twitter (TWTR) are likely to come under review due to the antitrust probe by the U.S. Government.
A former Facebook content moderator is suing the company for exposing her to countless distressing images that she claims have given her post traumatic stress disorder (PTSD), a condition frequently diagnosed in soldiers who participate in combat, for example. She also alleges that Facebook did not provide adequate mental health care to the moderators, who…
The survey showed that about two-thirds of American adults or about 68 percent get news at least occasionally on social media. Facebook is the preferred social media news source, with 43 percent accessing news from this avenue, while 12 percent get news from YouTube and 12 percent from Twitter Inc (NYSE: TWTR).
Stock futures fell Monday as new Trump tariffs hit China. Meanwhile, the Nasdaq has lagged as Apple and FANGs Facebook, Amazon, Netflix and Google parent Alphabet have pulled back.
Snap Inc. ( SNAP), the parent company of photo and video sharing app Snapchat, announced Sep. 24 that they were launching Visual Search. Beginning this week, we're testing a new way to search for products on Amazon right from the Snapchat camera... It's super easy to use. When the item or barcode is recognized, an Amazon card will appear on-screen, surfacing a link for that product or similar ones available on Amazon.