|Bid||194.00 x 800|
|Ask||194.10 x 1300|
|Day's range||193.17 - 196.80|
|52-week range||123.02 - 208.66|
|Beta (5Y Monthly)||1.06|
|PE ratio (TTM)||31.03|
|Earnings date||28 Jan 2020 - 3 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||238.27|
Using Nvidia, Netflix and Facebook, see timely tips on investing in stocks hidden within the holiday classics featuring Rudolph, Frosty and Scrooge.
Facebook, he was brusquely told, should be broken up. Libra, its cryptocurrency project, was being deserted by its backers and he should put it on hold until a regulatory framework was in place. Announced with a fanfare in June, Libra has rapidly become the benchmark for governments’ attitudes to crypto assets.
Tantrums, cowering staff, an aversion to written memos — two new accounts paint disturbing pictures of Donald Trump’s administration. Elsewhere, a provocative new thesis compares the EU to the doomed Roman ...
Facebook's stock dropped almost 3% in regular trading after news reports suggested that the FTC may take antitrust action to prevent Facebook from integrating its disparate messaging apps. The reports said the Federal Trade Commission may seek a court injunction that would block Facebook's “interoperability” plans for Facebook Messenger, WhatsApp and Instagram, which involves revising them to use the same underlying software. Both the FTC and Facebook declined to comment on the reports.
Facebook shares slipped on Thursday after a report that US regulators want an injunction against the social network strengthening how its apps and those of others integrate with the platform. Facebook shares ended the formal trading day down 2.7 percent to $196.75 as a Wall Street Journal report raised the specter of antitrust action by the Federal Trade Commission. The California-based social network declined to comment on the report, which cited unnamed people close to the matter.
Facebook shares closed 2.7% lower, reflecting fears the potential regulatory move could be a first step toward forcing the company to sell apps WhatsApp and Instagram, its fast-growing acquisitions. Facebook has plans to allow users of its units Messenger, WhatsApp and the direct messaging system within Instagram to communicate with each other, and end-to-end encryption will be extended across the three services. The Wall Street Journal said the FTC could file for an injunction to halt the integration as early as January.
An Italian judge on Thursday upheld an appeal by far-right group Casapound against a decision by Facebook to close its account, deeming that the move by the social media company prevented political pluralism. Facebook blocked Casapound's account in September, saying it had violated the platform's policy against spreading hate. Casapound espouses neo-fascist ideology and has boosted its profile in Italy by leading anti-migrant campaigns on social media.
Facebook said on Thursday it committed an initial $130 million to fund an independent oversight board, but said it would not announce its members this year, as originally expected. The board is one of Facebook's high-profile efforts to respond to criticism over how it handles problematic content and transparency around its decision-making. It also released an assessment on the human rights impacts of content decisions by the board.
Star Wars has come to Facebook's Messenger app. The features were developed in partnership with Disney to help promote the upcoming film, "Star Wars: The Rise of Skywalker," which premieres nationwide on December 20. Both the stickers and the reactions allow users to express themselves using characters from both sides of The Force, says Facebook.
Tik Tok-parent ByteDance's new music app Resso is expected to challenge the dominance of Spotify (SPOT) and Apple in the music streaming space.
Cisco (CSCO) ups its game in networking chip market with Silicon One Q100, putting Broadcom, Intel, Arista Networks, and Juniper Networks at risk.
Labour and the Tories both staged last-minute advertising blitzes on Facebook and Instagram, outspending the Liberal Democrats on the social media platforms in the final days of the election campaign. Between midnight on Tuesday and the start of polling day on Thursday morning, Labour spent at least £46,100 on adverts on the two platforms, with the ads garnering at least 4.9m impressions between them, according to Facebook data.
Australia said on Thursday technology giants such as Facebook Inc and Google will have to agree to new rules to ensure they do not abuse their market power and damage competition, or the government will impose new controls on them. Prime Minister Scott Morrison said the Australian Competition and Consumer Commission (ACCC) will create a code of conduct to address complaints that the technology companies have a stronghold on advertising, the main income generator of local media operators.
A year ago, Shoshana Zuboff dropped an intellectual bomb on the technology industry. In a 700-page book, the Harvard scholar skewered tech giants like Facebook and Google with a damning phrase: “surveillance capitalism.” The unflattering term evokes how these companies vacuum up the details of our lives, make billions from that data and use what they’ve learned to glue our attention more firmly to their platforms. A bestseller in Canada and Britain, “The Age of Surveillance Capitalism” was published in the U.S. in January, is being translated into 17 languages and has inspired two small theater productions.
The company received an overall rating of 4.4 out of 5, compared with 4.5 last year, as employees gave relatively lower ratings for Facebook's senior leadership and work-life balance. Facebook is facing the heat over its handling of user data, misinformation campaigns on the platform, as well as its plan for a global cryptocurrency called Libra. Software company HubSpot Inc topped the 100 best workplaces list, while Alphabet Inc's Google ranked number 11 and Apple Inc 84.
Facebook said Tuesday it plans to move ahead with strong encryption for all its messaging applications, claiming that allowing law enforcement special access would end up being "a gift to criminals, hackers and repressive regimes." The comments from the leading social network come weeks after officials from the US, Britain and Australia called on Facebook to allow authorities to circumvent encryption to better fight extremism, child pornography and other crimes. "The 'backdoor' access you are demanding for law enforcement would be a gift to criminals, hackers and repressive regimes, creating a way for them to enter our systems and leaving every person on our platforms more vulnerable to real-life harm," the heads of Facebook's WhatsApp and Messenger, Will Cathcart and Stan Chudnovsky, said in a letter to officials from the three countries.
The biggest news from last week is Google CEO Sundar Pichai taking over as CEO of Alphabet as well, and it was accompanied by other news covering labor trouble, European taxes, Verily and Waymo.