|Bid||166.41 x 400|
|Ask||166.50 x 900|
|Day's Range||165.81 - 168.43|
|52 Week Range||144.34 - 195.32|
|PE Ratio (TTM)||30.85|
|Earnings Date||Apr 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||217.85|
Steve Hartman visited Africa to investigate the story of how a suspicious Facebook message actually led to a friendship, and a publishing business that is investing in an impoverished community in Liberia.
Facebook now reaches 2.2 billion people on the planet. The most lucrative of those are in the US, where its user base is stagnating. To grow, the social media giant will have to expand in less developed parts of the world. Places like Sri Lanka. An investigation by the New York Times (paywall) exposes the…
Twitter (TWTR) is in favor of increased regulation of online political advertisements. A proposed bill in the US Senate seeks to subject online political ads to the same disclosure requirements that apply to political commercials running on television and radio.
Google’s data-gathering empire is bigger and more pervasive than Facebook’s—and while it hasn’t been plagued by scandal, it can’t evade scrutiny forever.
The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of purchasers of Facebook, Inc.
American and British lawyers recently launched a joint class-action lawsuit against Facebook (FB), Cambridge Analytica, and two other firms, the Guardian reported. The two other firms are SCL Group Limited and Global Science Research Limited (or GSR). SCL Group is the parent of Cambridge Analytica, the political consultancy firm believed to have developed a powerful voter profiling tool using data obtained from Facebook.
The number of people searching "how to delete Facebook" online doubled in March - with Londoners most likely to want rid of their accounts. The social media platform's reputation has suffered greatly in the wake of the Cambridge Analytica data scandal. It is believed around 50 million users worldwide had their data accessed - with approximately one million victims based in the UK.
A look at some of the key business events and economic indicators upcoming this week: SALES REBOUND? Despite a dearth of homes on the market, sales of new U.S. homes have been declining lately. Sales slipped ...
This weekend's Barron's cover story examines the divide between business models in the big tech space. Other featured articles show why MLPs look attractive again and what to expect in the battle over ...
As large tech companies report first-quarter earnings in a flood of results during the next two weeks, they face a major test: Will they continue to post huge growth, and fuel further overall gains for ...
Facebook's data scandal has made some people nervous about staying on the social network. There are ways to keep yourself plugged in without deleting Facebook, or compromising your data, CNET explains. It seems every other week there's a new data breach, hack or security issue.
Earlier this week Alibaba said will make its own chip available for access through its cloud. Google has developed chips for AI, and Facebook has a nascent chip effort. Chinese retailer and cloud infrastructure provider Alibaba BABA is the latest company to think up its own design for processors that can run artificial intelligence software.
Is Snap correcting for over-hiring? The job reductions Snap (SNAP) carried out in March 2018 were primarily in the engineering and sales departments, the company revealed in a regulatory filing. According to a Bloomberg report, the sales job cuts were mostly in the advertising division, where the company eliminated ~100 positions.
Snap carried out two rounds of layoffs in March, mostly in its sales and engineering departments. In the coming years, Snap expects its workforce reduction to yield $34 million in annual cost savings, particularly in salaries and payroll taxes.
The General Data Privacy Regulation, or GDPR, goes into effect May 25 and will require a host of changes by companies that collect user data.
Can the major indexes reclaim key support? Can Apple hold its 200-day? Will the 10-year Treasury yield top 3%? And is Twitter a better stock than Facebook or Google-parent Alphabet?
NEW YORK, NY / ACCESSWIRE / April 21, 2018 / Pomerantz LLP announces that a class action lawsuit has been filed against Facebook, Inc. ("Facebook" or the "Company") (NASDAQ: FB) and ...
Rapper Kanye West recently returned to Twitter (TWTR) after giving the social media platform a wide berth for nearly a year. In May 2017, West quietly deactivated both his Twitter and Instagram accounts with no explanation as to why. West’s exit came at a time when Twitter was struggling with the problem of social media abuse, with some bad actors taking advantage of its service to try to inflict pain on other users.
For some years now, there has been a tension between the world’s largest tech companies—Alphabet, Amazon.com, Facebook, Apple, Microsoft, Baidu, and Alibaba Group Holding—and the chip companies they rely on, especially Intel and Nvidia. While the giants buy massive quantities of Intel’s (INTC) microprocessors, and Nvidia’s (NVDA) graphics chips, or GPUs, to power their data centers, they are also in an arms race to have the best artificial-intelligence-based machine-learning functions. Because of this, there was always the possibility the giants might decide to buy fewer off-the-shelf parts and make their own custom chips to get an edge on one another.
Apple became the largest public company in the world the old-fashioned way: charging lots of consumers lots of money. In recent weeks, that tension has grown, as Cook and Apple (AAPL) sought to distance themselves from Facebook (FB) and the uproar over user data. In a television interview, Cook, hardly a rabble-rouser, accused Facebook of building a business based on an “invasion of privacy.” “The truth is, we could make a ton of money if we monetized our customer—if our customer was our product,” Cook told MSNBC.
Congress has stepped up talk of new privacy regulations in the wake of the scandal involving Cambridge Analytica, which improperly gained access to the data of as many as 87 million Facebook users. When we post and label photos on Facebook or Instagram, use Google maps while driving, chat in multiple languages on Skype or upload videos to YouTube, we are generating data about human behavior that the companies then feed into machine-learning programs.
NEW ORLEANS, April 20, 2018 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 21, 2018 to file lead plaintiff applications in a securities class action lawsuit against Facebook, Inc. (FB), if they purchased the Company's shares between February 3, 2017 and March 23, 2018, inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of California.