|Bid||185.83 x 1100|
|Ask||185.84 x 1800|
|Day's Range||182.18 - 186.18|
|52 Week Range||144.56 - 195.32|
|PE Ratio (TTM)||30.79|
|Earnings Date||Jul 24, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||219.83|
Facebook is entering the home services market. Starting today, U.S. Facebook
Snapchat’s (SNAP) redesign of its app earlier this year had huge repercussions for the company, including a slower-than-expected user growth rate in the first quarter. At a time when the company was already facing stiff competition from Facebook (FB) and its own apps, such a drastic change in the app may not have seemed warranted, especially after finally delivering better-than-expected fourth-quarter results in February. After the user revolt over changes to the app, SNAP’s CEO Evan Spiegel requested users to just have patience with the redesign.
All eyes were on Facebook Inc. and its ambitious expansion plans when the social-media giant bought a 21-building campus in Menlo Park, California, from Prologis Inc. Turns out the 2015 deal turned a tidy profit for the warehouse landlord -- and made its other properties in the area more valuable. Prologis paid $110 million for the site about a decade ago, Chief Executive Officer Hamid Moghadam said in an interview Wednesday at Bloomberg’s headquarters in New York. Facebook ultimately had to double its initial offer for the complex, to about $400 million.
Shopify Inc (NYSE:SHOP) is one of the revelations of this year. Against its January opener, Shopify stock has rocketed to a meteoric 45% lead. Recall that mighty Amazon.com, Inc. (NASDAQ:AMZN) suffered frustrating consolidation immediately after posting its first four-digit share price.
Cambridge Analytica whistle-blower Christopher Wylie said Facebook Inc. Chief Executive Officer Mark Zuckerberg engaged in "a spectacle of non-answers" in testimony before U.S. and European lawmakers that would increase the chances the social network will face regulation and further harm the trust of its users. Speaking at the Bloomberg Sooner Than You Think technology conference in Paris, Wylie expressed dismay that Zuckerberg has rebuffed invitations to appear before the U.K. parliament committee investigating Cambridge Analytica’s misuse of Facebook user data, and the role the consulting firm may have played in Britain’s 2016 EU referendum. "Mark Zuckerberg continues to reject the invitation from the one committee that will actually ask tough questions and won’t let him get away with ‘I’ll get back to you, I’ll get back to you, I’ll get back to you,’" Wylie said.
On Monday, activists unveiled a plan for breaking up Facebook, Inc. (NASDAQ:FB). Investors shrugged off the news: Facebook stock rose 1% in trading Monday. The “Freedom from Facebook” campaign has garnered some media attention.
Some bad ideas just won't die. It seems to matter not that many are silly beyond logic. When it comes to money matters, a big one stands out as ridiculous. That is the recurrent meme that China will somehow imminently oust the U.
Activists in Amsterdam on Wednesday launched the 'Datavakbond' or "data labour union", which hopes to elect leaders to negotiate directly with Facebook and Google over what they do with users' data. "Right now, we work for Google and Facebook producing data, and we're getting feathers and beads in exchange," said Paul Tang, a member of European Parliament from the Dutch Labour party, at the union's establishment in Amsterdam.
Activists in Amsterdam on Wednesday launched the 'Datavakbond' or "data labor union", which hopes to elect leaders to negotiate directly with Facebook and Google over what they do with users' data. "Right now, we work for Google and Facebook producing data, and we're getting feathers and beads in exchange," said Paul Tang, a member of European Parliament from the Dutch Labour party, at the union's establishment in Amsterdam.
PARIS (AP) — French President Emmanuel Macron took on Facebook CEO Mark Zuckerberg and other internet giants Wednesday at a Paris meeting to discuss personal data protection and taxes as France pushes for tougher European regulations.
This is the third of a three-part series on Facebook's business model, management priorities and how you can help reduce the company's harmful societal impacts. Facebook will never willingly change its current business model, given the company’s extraordinary financial success. Facebook’s business model drives the company to optimize the effectiveness of its attention and persuasion platform.
The first quarter was challenging for hedge fund managers as the broader-market S&P 500 (SPY), Dow Jones Industrial Average (DIA), and NASDAQ Composite (QQQ) were unstable due to rising US-China trade war concerns and rate hike expectations.