198.00 +0.51 (0.26%)
Pre-market: 5:15AM EDT
|Bid||198.12 x 800|
|Ask||198.45 x 800|
|Day's range||193.79 - 197.96|
|52-week range||147.80 - 199.58|
|PE ratio (TTM)||32.69|
|Earnings date||24 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||219.73|
Europe is proposing to do away with key legal protections enjoyed by Google, Facebook Inc. and other internet giants. When users upload content to social networks, video websites and other digital platforms, the companies running those services aren’t responsible for checking if the material violates copyright. New European Union rules, set for a vote on Wednesday, could upend this long-standing approach by forcing web services to actively prevent copyrighted content from appearing on their sites and apps.
Facebook (FB) wants to curb the spread of fake news online. Media publishers agree with that initiative, which would allow professional journalism to flourish. However, media publishers disagree with Facebook on the approach to counter online misinformation.
If you’re new to investing in stocks and have a long-term outlook, one or more of these top stocks might be a good choice for you.
GoPro Inc. named a Facebook Inc. executive to its board, aiming to draw on his experience in new media and consumer electronics. Ty Ahmad-Taylor is vice president of product marketing at Facebook where he manages strategy and financial analysis. Prior to joining Facebook last year, he was chief executive officer of consumer electronics company THX Ltd. He has also held executive roles at Samsung Electronics Inc. and Viacom Inc, GoPro said in announcing the appointment.
State Street Global Advisors on Tuesday launched the latest in its popular series of U.S. sector-based exchange-traded funds, in anticipation of a major reclassification that will be finalized later this year. The new fund, the Communication Services Select Sector SPDR Fund (ARCX:XLC), was created in response to upcoming changes to MSCI’s and S&P Dow Jones’s Global Industry Classification Standard. The changes bring about the creation of a new communications services sector, which the new fund will track.
Facebook Inc. keeps finding new and potentially annoying places to sell advertisements in its digital hangouts. Along with Facebook's controversies of late have been a steady drip of disclosures about fresh spots for Facebook's paid commercial messages. The company recently started testing different types of ads in Marketplace, its Craigslist-like section for people to buy and sell merchandise, and in Facebook Stories, its Snapchat-like video diaries.
Facebook Inc. has explained many times how personal information from as many as 87 million people was collected by a researcher and then sold to Cambridge Analytica, the political consultancy. Facebook has said Aleksandr Kogan collected user’s data through a personality quiz app called This Is Your Digital Life.
Instagram, which is controlled by Facebook (FB), has been releasing new features to retain and grow its users. Recently, according to TechCrunch, Instagram has added the shoppable tag feature to Instagram Stories. Instagram launched this feature earlier in 2016 through 20 select partners, and it allows users to click on the photo with a tag on it, which would lead it to the product they want to buy.
Facebook Inc. missed a deadline to respond to questions from two top U.S. senators on its sharing of user data with device makers, the latest delay by the social network in addressing lawmakers’ queries about its privacy lapses. Senators John Thune and Bill Nelson, respectively the Republican chairman and top Democrat on the Senate Commerce Committee, asked the company in a June 5 letter to answer five questions on data sharing with telecom companies by the end of the business on Monday. Facebook has said it needed to share the information to power versions of its service that were common before it deployed formal phone apps, and that the data was largely stored on the phones that accessed it.
Facebook’s (FB) photo and video sharing platform, Instagram, is rapidly growing and has an active advertiser base of around 2 million, which doubled in just five months. In fact, according to one Wall Street analyst, Instagram is likely to contribute a significant chunk to Facebook’s advertising revenue, which relies mostly on advertising growth.
Facebook (FB) recently announced a new Memories page on the platform where users can see content from the past. Facebook’s Memories page will be similar to the “On This Day” feature, which is seen in the News Feed. Facebook believes that the page will allow users to look back over events that took place, and that users will want to share posts and photos from these events with their friends.
Apple (AAPL) has banned developers who write apps for its devices from selling or sharing the data collected from its users, according to Bloomberg. Specifically, Apple has prohibited App Store developers from turning people’s address books into a database of contacts for the purpose of sharing or selling the database to third parties. The move to restrict how developers obtain and handle data they obtain from the App Store seems aimed at preventing the abuse of Apple’s products or services.
For evidence, take a look at Jason Furman’s recent observations on increasing market concentration in the US economy. Furman demonstrates an increased concentration in revenue across companies in many important sectors.
Facebook shares have more than doubled since coming to market, but these three stocks could be better buys for growth-seeking investors.
Apple (AAPL) has created new privacy tools in its Safari browser that would restrict how companies such as Facebook (FB) collect personal data from iPhone users. Data and ad-driven social media companies such as Facebook need to build user profiles in order to deliver relevant advertising messages to them in what the industry calls targeted advertising.
Bash Facebook (FB) all you want, but the stock not only hit an all-time intraday high earlier today but is flirting with $200 per share. Of 44 analysts with recommendations on Facebook shares, only one had serious reservations. Complain as they may about Facebook's handling of their data, the addictive qualities of social media, and the escalating power of the company, consumers show no signs of voluntarily posting personal photos, information, and opinions.
When the first digital data miners churned out the first primitive profiles of advertising readers and viewers a couple of decades ago, the landscape of marketing—the business of promoting your products, services and message to a receptive audience—was transformed. Data about consumers, their tastes and habits, and the ability to manipulate it so that you could target exactly who you were looking for, finally offered an answer to that age-old marketer’s complaint about wasting half the money you spend on advertising but not knowing which half. This application of the digital revolution to marketing not only improved the efficiency of advertising, of course.
Speaking in an interview on CNBC from the Cannes Lions International Festival of Creativity in France, Spiegel said the company remains focused on the camera and stressed that Snap is a technology company, rather than a media or social-networking service. The CEO said Snapchat’s "friend graph" will help keep Facebook at bay.
Everyone, it seems, hates Facebook (FB) these days. The latest evidence: A Monday article in The Wall Street Journal, which notes that despite an early-2018 surge in bad publicity—much of it, to be sure, earned—there’s strong demand for the services of the Barron’s Next 50 company and other digital advertising powerhouses. From Alexandra Bruell’s story: While some brands have pulled back in spending on Google and Facebook due to issues that range from brand safety to performance challenges, ad buys from small and local businesses are more than making up for the cuts, said Vincent Letang, executive vice president of global market intelligence at Magna.
Facebook (FB) has launched a program aimed at nurturing startup video game content creators. Creators under the Level Up program would also receive advice from established video game creators and broadcasters. In addition to building a program for startup creators, Facebook has also launched a dedicated landing page to make it easier for users to search and discover game-related content.
Facebook (FB) is paying television networks and other news organizations to produce original news content for its Watch platform. 21st Century Fox’s (FOX) (FOXA) Fox News Channel, Time Warner’s (TWX) CNN, Walt Disney’s (DIS) ABC News, and Univision are among Facebook’s news programming partners. The partners supply Facebook with a variety of content, including breaking news coverage, daily briefings, and long-form weekly series, according to a company announcement. ...
Facebook (FB) is rolling out Marketplace advertising to businesses and individuals just as Apple is making moves that could give it a hard time growing its advertising business. Apple is introducing new privacy tools in its Safari browser designed to limit the amount of personal data social media companies can collect from people who use devices such as iPhones and iPads. For their lucrative, data-driven, targeted advertising businesses, companies such as Facebook and Alphabet’s (GOOGL) Google rely on personal data they collect from people who use their services. Therefore, limiting these social media companies’ ability to collect data from iPhone users through the Safari browser, for instance, could starve them of crucial data they need to deliver more relevant advertising messages.