170.48 +10.79 (6.76%)
Pre-Market: 6:07AM EDT
|Bid||170.00 x 700|
|Ask||170.07 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.
Facebook will introduce new measures to boost transparency around adverts in Britain by June this year and require political ads to be clearly labeled, 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.
In this edition of the #BytesChat, we convened a panel of tech experts to discuss the fast-moving developments on the online privacy front. Our special guest was Terrell McSweeny, Commissioner of the Federal Trade Commission. She was joined by Rob Seamans and Larry Downes.
U.S. stock futures suggested Wall Street would open flat to 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 points. Stocks finished mixed on Wednesday, April 25, following stronger-than-expected earnings from Boeing Co.
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.
Facebook Inc. said it will make sure political ads on its platform will be vetted and transparent in time for England and Northern Ireland’s 2019 local elections, the company has said.
Tech giants such as Facebook and Google will have to decisively step up their efforts to tackle the spread of fake news online in six months or potentially face further regulation from the European Union. 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.
Stock traders beware! Being Facebook friends and clicking on “likes” could be construed as evidence for India’s market regulator to link individuals in insider trading cases. On April 16, the Securities and Exchange Board of India (SEBI) held three entities, Rupeshbhai Kantilal Savla, Sujay Ajitkumar Hamlai, and the latter’s firm V Techweb India, guilty of…
Even as a mature company facing public backlash, Facebook managed to increase its revenue and user growth in the first quarter, an amazing feat.