|Bid||281.72 x 1000|
|Ask||281.87 x 900|
|Day's Range||276.31 - 283.62|
|52 Week Range||137.10 - 304.67|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||34.60|
|Earnings Date||Oct 29, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||291.55|
Ankhi Das, a top Facebook executive in India, is leaving the company on Tuesday months after she was alleged to interfere in how the company enforced its hate speech policy in the country to show favoritism to the ruling Bharatiya Janata Party. Facebook has denied the allegations, and people close to Das (pictured above) said her departure was not related to recent stories in the press. Das, who served as the Public Policy Director for Facebook India, South and Central Asia, said she was leaving the company to pursue her interest in public service.
Last month, former Facebook and Pinterest executive Tim Kendall told Congress during a House hearing on the dangers of social media that Facebook made its products so addictive because its ad-driven business model relies on people paying attention to its product longer every day. On Friday morning, we talked with him about the FTC inching closer to filing an antitrust lawsuit against Facebook for its market power in social networking; what he thinks of the DOJ's separate new antitrust lawsuit against Google; and how venture capital contributed to the "unnatural" ways the companies have commanded our attention -- and advertisers' dollars along with it.
All eyes are currently on FAANGs ahead of its quarterly results.