|Bid||178.19 x 100|
|Ask||178.20 x 500|
|Day's Range||177.26 - 179.18|
|52 Week Range||114.77 - 184.25|
|PE Ratio (TTM)||34.57|
|Earnings Date||Jan 30, 2018 - Feb 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||208.21|
Chamath Palihapitiya, Social Capital founder and Golden State Warriors co-owner, speaks about his comments on the societal issues of social media that have gone viral.
Social media giant Facebook said on Tuesday it would start booking advertising revenue locally instead of re-routing it via its international headquarters in Dublin although the move is unlikely to result in it paying much more tax. Facebook Chief Financial Officer Dave Wehner said the company had decided to move to a local selling structure in countries where it has an office to support sales to local advertisers. "In simple terms, this means that advertising revenue supported by our local teams will no longer be recorded by our international headquarters in Dublin, but will instead be recorded by our local company in that country," Wehner said in a blog post.
Facebook rejected claims by former executive Chamath Palihapitiya that the site is "ripping apart the social fabric of how society works."
Facebook has lost its spot as the top external source of traffic to publishers, with the number of referrals down by a third. And Facebook's loss is Google's gain.
Social media giant Facebook said on Tuesday it would start booking advertising revenue locally instead of re-routing it via its international headquarters in Dublin although the move is unlikely to result in it paying much more tax. Corporate taxation has become a hot-button topic in the wake of revelations of tax avoidance schemes by multinationals which have led to calls for companies to pay more tax while Europe has begun exploring options for taxing digital giants. Facebook Chief Financial Officer Dave Wehner said the company had decided to move to a local selling structure in countries where it has an office to support sales to local advertisers.
The November 30 short interest data have been compared with the previous report. Short interest in these selected social media stocks was mixed for this settlement date.
Learn the difference between the GOOG and GOOGL stock ticker symbols for Alphabet (the company formerly known as Google).
Apple Inc. (NASDAQ:AAPL) is acquiring music recognition app Shazam for $400 million. Shazam will fit naturally and seamlessly into Apple Music. The underlying technology could also be integrated with Siri and other parts of the Apple ecosystem.
For the financial technology industry, 2017 will be defined as the year that the threat of tech giants grew stronger, artificial intelligence cemented its importance and some startups applied to become ...
Facebook is the dominant social network and its stock is in a buy zone, but Twitter and Snapchat operator Snap surged toward breakouts Monday. China's Weibo regained its 50-day line.