145.15 +1.09 (0.76%)
Pre-Market: 4:44AM EST
|Bid||143.81 x 1000|
|Ask||145.32 x 900|
|Day's Range||142.51 - 146.01|
|52 Week Range||126.85 - 218.62|
|Beta (3Y Monthly)||0.59|
|PE Ratio (TTM)||21.71|
|Earnings Date||Jan 29, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||194.05|
A new report prepared for the Senate concludes that Russia used every major social network to support Donald Trump during the 2016 election, and continued to support him after he was elected president.
As Pichai dodged questions in front of Congress last week, the spectacle felt emblematic of his and the company's tough year.
They're all internet-based businesses, but they generate revenue in different ways. And Facebook, Wayfair, and Netflix are producing a lot more of it these days.
Ever since encryption seeped out of spy agencies and into the commercial world, government watchdogs have been trying to contain its spread. One of the latest battles is in Australia, where politicians are cracking down on technology firms and requiring them to allow "back door" access to encrypted messaging. Signal, a messaging app with end-to-end…
CBD and marijuana companies can't buy ads from Facebook and Google, but that doesn't mean they can't run effective marketing campaigns.
CBD and marijuana companies are restricted from advertising on Google and Facebook. The companies are looking to events, sponsorships and other ways to connect with customers. "Facebook is not the end all, be all," said the ZenPup's David Bozin.
A software glitch may have exposed the unshared photos of millions of Facebook users to app developers, the social media giant disclosed Friday in a blog post. The result is "that some third-party apps may have had access to a broader set of photos than usual for 12 days," the company states, noting the unauthorized access involved Facebook customers who had granted permission third-party apps to access their photos. The photo sharing snafu is the latest in a series of privacy screwups for Facebook in what has been a rocky 2018.
Cynical investors are used to verbal sleight of hand from corporate executives. After Kroger (KR) CEO Rodney McMullen talked up the food retailer’s digital sales efforts, an analyst couldn’t help but be reminded of similar talk years ago from Sears (SHLDQ) CEO Eddie Lampert. Shares of General Electric (GE) surged 7% on Dec. 13 — its biggest one-day gain in three years — after a JPMorgan analyst said the stock had fallen far enough.
Facebook Inc. said pictures belonging to up to 6.8 million users may have been exposed by a software glitch that granted app developers access to the photos, the latest in a series of privacy lapses at the social-media giant. Up to 1,500 apps may have had improper access to photos that weren’t yet shared by Facebook users, including in draft posts, from Sept. 13 to Sept. 25, the company said Friday in a post on its developers’ blog. A company spokeswoman said Facebook found and fixed the bug on Sept. 25 after an internal team made the discovery.
Shares in a handful of U.S. companies have rallied following recent announcements of increased share repurchases, a welcome development for investors bruised by market volatility. Facebook Inc., Mastercard Inc., Lowe’s Cos., AbbVie Inc., United Rentals Inc. and Pioneer Natural Resources Co. are among the companies that have unveiled bigger or resumed share buybacks this month as the S&P 500 heads toward its worst quarter since 2011. Buybacks make corporate profits appear stronger by lowering the number of shares outstanding, buoying per-share earnings even without overall profit growth.
Facebook is restructuring its experimental hardware efforts and giving its moonshot projects a home within its AR/VR research division. The restructuring, reported by Business Insider (paywalled), didn't result in any layoffs but did see some shifts of teams as the old Building 8 group rebranded to Portal and some projects moved to the former Oculus Research group (now, Facebook Reality Lab). A Facebook spokesperson confirmed the reorganization to Business Insider.
NEW YORK (AP) — Facebook's privacy controls have broken down yet again, this time through a software flaw affecting nearly 7 million users who had photos exposed to a much wider audience than intended.
Spotify (SPOT) announced last month its plan to repurchase up to $1.0 billion of its shares by April 2021. Facebook in April added $9.0 billion to its share repurchase program, and Alphabet in February announced a fresh $8.6 billion share repurchase program. Alibaba has lined up $6.0 billion for share repurchases for the next two years, while eBay exited the third quarter with $4.7 billion remaining under its existing share repurchase authorization.
Apple (AAPL) has unveiled its list of the most downloaded non-game apps on iPhones this year. Alphabet’s (GOOG) YouTube continues to see a lot of downloads despite already having over 1.5 billion monthly active users.
Forbes publisher Rich Karlgaard discusses how Facebook announced that approximately 6.8 million users might have had their pictures exposed to third party app developers without their permission.
This week's most important stories include a glitch that allowed photos of Facebook users to be compromised. Meanwhile, SplashData lists the terrible passwords people wound up using this year.