|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's range||198.80 - 203.55|
|52-week range||147.80 - 203.55|
|PE ratio (TTM)||33.44|
|Earnings date||24 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||224.18|
Instagram's new video feature lets users post longer video, up to one hour.
A month after imposing tough regulations to defend online privacy, the European Union is now contemplating whether to put its weight behind a different cause: copyright regulation. You may have applauded the General Data Protection Regulation, which went into effect May 25 across the EU and gave the people often described merely as “users” significant new privacy rights online.
There could be good reason for investors to put their hearts -- and dollars -- into the premier online dating site operator.
Mark Zuckerberg became $1.7 billion richer on Wednesday after Facebook stock rose 2.3% in regular trading on the news that Instagram is rolling out a new feature: Instagram television. The bump makes the Facebook founder and CEO the biggest winner over the past day of any billionaire. Forbes updates all billionaire net worths throughout trading hours daily in our Forbes Real Time Rankings.
Facebook Inc.’s Instagram launched a new hub for long-form video, the company’s latest attempt to tap into growing demand among consumers and advertisers for mobile video. The new hub, called IGTV, is both a stand-alone app and a section of the primary Instagram app that will allow users to post high-definition videos.
Facebook Inc-owned (FB.O) social network Instagram launched a mobile app on Wednesday dedicated to user-generated videos up to an hour long, intensifying the competition for consumers' time among ad-supported streaming services such as YouTube. Called IGTV in a nod to traditional television, the service plans to feature videos from rising internet celebrities, artists and pets, some of whom have tens of millions of social media followers. "Teens are now watching 40 percent less TV than they did five years ago," Instagram Chief Executive Kevin Systrom said at an event to announce the launch in San Francisco.
GoodRx, which helps consumers with no health insurance or high-deductible plans find cheaper prescriptions, is talking to several potential buyers, including McKesson.
Jim Cramer sits down with Williams-Sonoma President and CEO Laura Alber to find out how the Pottery Barn parent is faring in the age of Amazon.
Facebook, Google parent Alphabet, Netflix and Amazon hit record highs Wednesday. Google and fellow tech titan Apple are still in buy range.
Shares of Facebook Inc. (fb) closed at a record high Wednesday, rising 2.3% after the company said its Instagram platform now has 1 billion users. At an event, Instagram also announced a new app for watching "long-form, vertical video," which will compete with Alphabet Inc.'s (googl) YouTube and Snap Inc.'s (snap) Snap. The service, called IGTV, will have its own app but also be available from within the Instagram app.
Match Group Inc., which has become a behemoth in online dating by swallowing promising independent brands, is doing it again. The company is purchasing a controlling stake in Hinge, a seven-year-old company that has positioned itself as a counterbalance to the casual dating scene on Tinder, Match’s flagship product. Hinge is the fifth-highest grossing dating iPhone app, according to the research firm App Annie.