181.86 +0.99 (0.55%)
Pre-market: 4:23AM EDT
|Bid||182.00 x 900|
|Ask||182.40 x 800|
|Day's range||179.67 - 183.90|
|52-week range||123.02 - 218.62|
|Beta (3Y monthly)||1.30|
|PE ratio (TTM)||26.84|
|Earnings date||23 Jul 2019 - 29 Jul 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||221.50|
Roger McNamee says Facebook should shut itself down temporarily to address a core issue.
Facebook has just released its latest community standards enforcement reportand the verdict is in: people are awful, and happy to share how awful they arewith the world
Dallas Mavericks owner Mark Cuban rejected calls to break up tech companies like Google and Facebook, saying the internet giants constitute America’s “biggest competitive advantage” over China and Russia.
The setting up of a digital payments system in a dozen countries would allow Facebook users to make purchases or transfer money without needing a bank account. Photograph: Loïc Venance/AFP/Getty Images Facebook is planning to launch its own cryptocurrency in early 2020, allowing users to make digital payments in a dozen countries. The currency, dubbed GlobalCoin, would enable Facebook’s 2.4 billion monthly users to change dollars and other international currencies into its digital coins, which could then be used to make payments or transfer money without needing a bank account. Mark Zuckerberg, the founder and chief executive of Facebook, last month met the governor of the Bank of England, Mark Carney, to discuss the plans, according to the BBC. Zuckerberg has also discussed the proposal, dubbed Project Libra, with US Treasury officials and is in talks with money transfer firms, including Western Union, to develop cheap, safe ways for people to send and receive money. A report last year said that Facebook is working on a cryptocurrency that will let users transfer money using WhatsApp, its encrypted mobile-messaging app. In order to try to make the value of Facebook’s digital currency stable, the company is looking to peg its value to a basket of established currencies, including the US dollar, the euro and the Japanese yen. Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk Facebook has been long expected to make a move in financial services, having hired the former PayPal president David Marcus to run its messaging app in 2014. Marcus, a board member of crypto exchange Coinbase, runs Facebook’s blockchain initiatives, the technology on which cryptocurrencies run. Earlier this month the US Senate committee on banking wrote an open letter to Zuckerberg questioning how the currency will work, what consumer protection will be offered and how data will be secured. In February the JP Morgan became the first major US bank to create its own cryptocurrency, JPM Coin, as a way for its clients to settle payments.
Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. In a new report, Facebook (FB) said it saw a “steep increase” in the creation of abusive, fake accounts. While most of these fake accounts were blocked “within minutes” of their creation, the use of computers to generate millions of accounts at a time meant not only that Facebook caught more of the fake accounts, but that more of them slipped through.
SAN FRANCISCO (AP) — Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday.
In the final quarter of 2018, Facebook disabled just more than 1 billion fake accounts and 583 million in the first quarter of last year. “The larger quantities of fake accounts are driven by spammers who are constantly trying to evade our systems,” Guy Rosen, Facebook’s vice president of integrity, told reporters Thursday. Facebook also shared a new metric in Thursday’s report: The number of posts removed that were promoting or engaging in drug and firearm sales.
Let's see if investors should buy Lululemon stock heading into its first-quarter fiscal 2019 earnings results?
SAN FRANCISCO (AP) — Facebook says it removed more than 3 billion fake accounts from October to March, twice as many as the previous 6 months.
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.
Amazon (AMZN) reportedly plans to build an air cargo hub at Lakeland Linder International Airport, in a bid to ramp up delivery efforts.
Not too long ago, Americans worshipped Silicon Valley, technology companies, and their brilliant, driven founders. One of the purest tech plays — the Invesco QQQ Trust (QQQ) — has soared an eye-popping 603% during that time, also excluding dividends. Companies in the crosshairs of public ire — especially Facebook (FB) and Alphabet (GOOG)(GOOGL) parent company of Google — have seen their stocks lag, while others, like Amazon (AMZN) and Microsoft (MSFT) which has put its legendary legal troubles behind it, have way outperformed.
After months of internal deliberations, discussions with experts and cannabis advocacy groups, among others, Facebook Inc. has decided to continue to block marijuana sales on its platform.
Cannabis stocks were mostly higher Wednesday, as investors digested the latest deal in the sector, Canopy Growth Corp.’s acquisition of a U.K. skin care company.
Facebook's latest virtual reality (VR) device, called Oculus Quest, gets good reviews. Apps download straight to the device and WiFi connects users for multiplayer games. Comic book superheroes are notably scarce in VR content, which seems odd because comic book fans are super-passionate about their make-believe worlds.
The tech giants sought to assure lawmakers that they take the threat of foreign influence seriously after being blindsided by Kremlin-backed disinformation campaigns on their platforms during the 2016 election. "There is no silver bullet, but we will continue to work to get it right," said Richard Salgado, Google’s director of law enforcement and information security.
Now it's time to check out three tech stocks that came through our screen today that growth investors might want to consider buying right now.
Analog Devices' (ADI) strong momentum in the communications market benefits fiscal second-quarter results. However, weak performance in industrial and consumer markets is a headwind.
A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way data are handled as Facebook, Apple and Google face increasingly frequent complaints. Adopted on May 25 last year, the General Data Protection Regulation (GDPR) aims to protect all EU citizens from privacy and data breaches, regardless of which part of the world the data handler is in. The new regulation has forced global companies to reconsider their own rules, inspiring territories from Brazil to China and India to California to develop their own privacy and security regulations based on a de facto GDPR benchmark.
The Zacks Analyst Blog Highlights: Amazon.com, Microsoft, Facebook, Middlesex Water and M/I Homes
Apple (AAPL) decides to repair all eligible third-generation faulty MacBook keyboards for free, with a new material aimed at reducing the errors.