169.70 +10.01 (6.27%)
Pre-Market: 6:57AM EDT
|Bid||169.51 x 200|
|Ask||169.88 x 100|
|Day's Range||156.19 - 161.06|
|52 Week Range||144.42 - 195.32|
|PE Ratio (TTM)||29.63|
|Earnings Date||May 1, 2018 - May 7, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||216.06|
Europe's sweeping privacy law GDPR goes into effect May 25th, and Facebook is
Google has revealed its most significant update to Gmail in years, but it's still missing these important features.
Wednesday, April 25: Comcast ignites bidding war with Fox over Sky, Twitter turns a profit and adds users, Commission on College Basketball pushes NCAA for changes. Yahoo Finance’s Dan Roberts lays it out.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.
President Trump is sending top economic advisers to China in hopes of striking a trade deal. Yahoo Finance’s Alexis Christoforous and Dion Rabouin have more.
LONDON (Reuters) - Political adverts are not an important revenue stream for Facebook so decisions on the issue are not about money, the company's chief technology officer said on Thursday. "This ...
Facebook will introduce new measures to boost transparency around adverts in Britain by June this year and require political ads to be clearly labelled, the firm's Chief Technology Officer told a British parliamentary committee. In a written submission to the UK parliament's media committee, Mike Schroepfer said those wanting to run political adverts would have to complete an authorization process and the messages would also have to display who paid for them. Facebook has said that the personal information of about 87 million users might have been improperly shared with political consultancy Cambridge Analytica, which worked on Donald Trump's 2016 presidential election campaign.
Political adverts are not an important revenue stream for Facebook so decisions on the issue are not about money, the company's chief technology officer said on Thursday. "This is not an issue of ...
"We did not read all of the terms and conditions," CTO Mike Schroepfer told U.K. lawmakers at a parliamentary committee hearing. Facebook did not read the terms and services of the app that improperly shared user data with Cambridge Analytica, the company's chief technology officer said Thursday. "We require that people have a terms and conditions and we have an automated check there at the time — this was in 2014, maybe earlier," Mike Schroepfer told U.K. lawmakers at a parliamentary committee hearing.
Facebook has revealed that AggregateIQ, a Canadian data company with alleged links to Cambridge Analytica, spent $2m on Brexit-related ads in the UK and shared “certain billing and administration connections” ...
Facebook, which takes nearly a fifth of global digital ad revenue, posted record sales of $11.97 billion over the first three months of the year, the company said after the close of trading Wednesday, and posted a bottom line of $1.69 a share that blasted Wall Street estimates. The company also boosted the cash it can use for share buybacks by $9 billion, suggesting not only faith in its ad-driven business model but confidence that regulators won't stifle it with new data use restrictions. "We think that ads is a great business model that is aligned with our mission," CEO Mark Zuckerberg told investors on a conference call last night.
Beware the Ides of May According to French President Emmanuel Macron, Trump will most likely pull out of the Iran nuclear deal by May 12. This will likely take much of the Iranian oil supply off global markets, further pushing the oil price higher. This would be in the interests of close US ally Saudi […] The post Market Exclusive Daily Roundup April 26 appeared first on Market Exclusive.
U.S. technology stocks were poised for an upbeat trading day on Thursday, led by Facebook shares after a forecast-beating earnings report, though the cheer wasn’t enough to lift equity markets overall. Another deluge of corporate earnings is scheduled to hit before the bell, with big names General Motors, Hershey and PepsiCo among those reporting. Futures for the Nasdaq-100 index (NQM18.CME) rose 19.25 points, or 0.3%, to 6,575, lifted by a solid premarket gain for Facebook Inc. (FB) and other tech giants that reported Wednesday after the close.
U.S. stock futures suggested Wall Street would open modestly higher on Thursday, April 26, as investors waded through corporate earnings season, including a blowout quarter from Facebook Inc. Futures for the Nasdaq gained 28.75 points. Stocks finished mixed on Wednesday, April 25, following stronger-than-expected earnings from Boeing Co.
Tech giants such as Facebook and Google must step up their efforts to tackle the spread of fake news online over the next few months or potentially face further regulation from the European Union, as concerns mount over election interference. The European Commission will draw up an EU-wide Code of Practice on Disinformation by July with measures to prevent the spread of fake news such as increasing scrutiny of advertisement placements, it said on Thursday. EU policymakers are particularly worried that the spread of fake news could interfere with European elections next year, after Facebook disclosed that Russia tried to influence U.S. voters through the social network in the run-up to the 2016 U.S. election.