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Facebook Inc (FB.OQ)

FB.OQ on NASDAQ Stock Exchange Global Select Market

182.68USD
18 May 2018
Change (% chg)

$-1.08 (-0.59%)
Prev Close
$183.76
Open
$183.49
Day's High
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Volume
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Latest Key Developments (Source: Significant Developments)

Match Group Sees Q2 Rev $405 Mln - $415 Mln
Tuesday, 8 May 2018 

May 8 (Reuters) - Match Group Inc ::SEES Q2 REVENUE $405 MILLION - $415 MILLION.MATCH GROUP INC Q2 REVENUE VIEW $389.8 MILLION --THOMSON REUTERS I/B/E/S.SEES Q2 ADJUSTED EBITDA $160 MILLION - $165 MILLION.MATCH GROUP SAYS "TINDER NOT RELIANT ON FACEBOOK DATA"; CO'S PROPRIETARY MATCHING ALGORITHMS DO NOT RELY ON FACEBOOK OR THIRD-PARTY DATA.SEES FY REVENUE $1.6 BILLION - $1.7 BILLION.MATCH GROUP INC FY2018 REVENUE VIEW $1.60 BILLION --THOMSON REUTERS I/B/E/S.SEES FY ADJUSTED EBITDA $600 MILLION - $650 MILLION.SEES Q2 REVENUE GROWTH DRIVEN BY TINDER, STABILITY AT OTHER BRANDS.RAISES FY REVENUE OUTLOOK BY $100 MILLION, PRIMARILY DUE TO TINDER EXCEEDING CO'S EXPECTATIONS.  Full Article

Cambridge Analytica shutting down following Facebook data scandal - CNBC, citing Dow Jones
Wednesday, 2 May 2018 

May 2 (Reuters) - :CAMBRIDGE ANALYTICA SHUTTING DOWN FOLLOWING FACEBOOK DATA SCANDAL - CNBC, CITING DOW JONES.  Full Article

IPG CEO Roth Says Working Closely With Facebook To Solve Privacy Issues After Recent Data Leak - CNBC
Friday, 27 Apr 2018 

April 27 (Reuters) - :IPG CEO MICHAEL ROTH SAYS WORKING VERY CLOSELY WITH FACEBOOK TO SOLVE SOME PRIVACY ISSUES AFTER RECENT REVELATION OF DATA LEAK - CNBC.INTERPUBLIC GROUP CEO MICHAEL ROTH SAYS HAS NOT SEEN A BIG PULLBACK IN TERMS OF ALLOCATING DOLLARS TO FACEBOOK - CNBC.  Full Article

Facebook Says On April 3, Introducing Ability To Send 360 Degree Photos In Messenger Blog‍​
Tuesday, 3 Apr 2018 

April 3 (Reuters) - Facebook Inc ::FACEBOOK SAYS ON APRIL 3, INTRODUCING ABILITY TO SEND 360 DEGREE PHOTOS IN MESSENGER - BLOG‍​‍​.FACEBOOK SAYS LAUNCHING ABILITY TO SHARE HD QUALITY VIDEOS STRAIGHT TO MESSENGER.  Full Article

Reports Of Mark Zuckerberg's Confirmed Attendance Are Incorrect - House Energy & Commerce Committee Spokeswoman‍​
Tuesday, 27 Mar 2018 

March 28 (Reuters) - :REPORTS OF FACEBOOK'S MARK ZUCKERBERG'S CONFIRMED ATTENDANCE ARE INCORRECT - HOUSE ENERGY & COMMERCE COMMITTEE SPOKESWOMAN‍​.COMMITTEE IS CONTINUING TO WORK WITH FACEBOOK TO DETERMINE A DAY AND TIME FOR ZUCKERBERG TO TESTIFY- HOUSE ENERGY & COMMERCE COMMITTEE SPOKESWOMAN‍​.  Full Article

Facebook CEO Mark Zuckerberg Plans To Testify Before Congress On April 12 - Bloomberg
Tuesday, 27 Mar 2018 

March 27 (Reuters) - :FACEBOOK CEO MARK ZUCKERBERG PLANS TO TESTIFY BEFORE CONGRESS ON APRIL 12- BLOOMBERG.  Full Article

FTC Says It Opened Non-Public Investigation Into Privacy Practices Of Facebook
Monday, 26 Mar 2018 

March 26 (Reuters) - Federal Trade Commission::STATEMENT BY THE ACTING DIRECTOR OF FTC’S BUREAU OF CONSUMER PROTECTION REGARDING REPORTED CONCERNS ABOUT FACEBOOK PRIVACY PRACTICES‍​.FTC SAYS IT TAKES VERY SERIOUSLY RECENT PRESS REPORTS RAISING SUBSTANTIAL CONCERNS ABOUT THE PRIVACY PRACTICES OF FACEBOOK.FTC SAYS CONFIRMING THAT IT HAS AN OPEN NON-PUBLIC INVESTIGATION INTO THESE PRACTICES.  Full Article

Taptica Says Recent Events At Facebook Do Not Affect Its Business Model
Monday, 26 Mar 2018 

March 26 (Reuters) - Taptica International Ltd ::TAPTICA INTERNATIONAL LTD - REVENUES FOR TWELVE MONTHS ENDED 31 DECEMBER 2017 INCREASED BY 68% TO $210.9 MILLION.TAPTICA INTERNATIONAL LTD - FY GROSS PROFIT INCREASED BY 75% TO $80.6 MILLION.TAPTICA INTERNATIONAL LTD - ADJUSTED EBITDA FOR FULL YEAR 2017 WAS $34.2 MILLION COMPARED WITH $25.7 MILLION FOR 2016.TAPTICA INTERNATIONAL LTD - COMPANY MAINTAINS ITS POLICY OF DISTRIBUTING 25% OF NET PROFITS IN DIVIDEND PAYMENTS..TAPTICA INTERNATIONAL LTD - DECLARE A FINAL DIVIDEND OF $0.054 PER SHARE,.TAPTICA INTERNATIONAL LTD - COMPANY NOTES RECENT PRESS COVERAGE ON FACEBOOK AND CONFIRMS THAT THIS DOES NOT AFFECT ITS BUSINESS MODEL.  Full Article

Cambridge Analytica's Acting CEO Comments on Data Privacy Issue
Friday, 23 Mar 2018 

March 23 (Reuters) - Cambridge Analytica ::MESSAGE FROM ACTING CAMBRIDGE ANALYTICA CEO ALEXANDER TAYLER‍​.CAMBRIDGE ANALYTICA ACTING CEO SAYS "BELIEVED THAT THE DATA HAD BEEN OBTAINED IN LINE WITH FACEBOOK’S TERMS OF SERVICE AND DATA PROTECTION LAWS".CAMBRIDGE ANALYTICA ACTING CEO SAYS IN 2014 SCL ELECTIONS LICENSED FACEBOOK DATA & DERIVATIVES FROM A RESEARCH COMPANY (GSR) THAT HAD NOT RECEIVED CONSENT FROM MOST RESPONDENTS‍​.CAMBRIDGE ANALYTICA ACTING CEO ALEXANDER TAYLER - "WE DID NOT USE ANY GSR DATA IN THE WORK WE DID IN THE 2016 US PRESIDENTIAL ELECTION".CAMBRIDGE ANALYTICA ACTING CEO SAYS SHORTLY AFTER OCTOBER 2015, FACEBOOK "REQUESTED THAT WE DELETE THE DATA".CAMBRIDGE ANALYTICA ACTING CEO - ARE NOW UNDERTAKING AN INDEPENDENT THIRD-PARTY AUDIT TO VERIFY THAT WE DO NOT HOLD ANY GSR DATA.CAMBRIDGE ANALYTICA ACTING CEO - HAVE BEEN IN TOUCH WITH THE UK INFORMATION COMMISSIONER’S OFFICE SINCE FEB. 2017.CAMBRIDGE ANALYTICA ACTING CEO SAYS A YEAR AGO CARRIED OUT INTERNAL AUDIT TO SEE THAT ALL DATA HAD BEEN DELETED & GAVE FACEBOOK A CERTIFICATE TO THIS EFFECT.CAMBRIDGE ANALYTICA ACTING CEO SAYS DELETED RAW DATA FROM FILE SERVER AFTER FACEBOOK'S REQUEST.CAMBRIDGE ANALYTICA ACTING CEO SAYS BEGAN PROCESS OF SEARCHING FOR AND REMOVING ANY DERIVATIVES OF THE RAW DATA IN ITS SYSTEM AFTER FACEBOOK'S REQUEST.CAMBRIDGE ANALYTICA ACTING CEO SAYS "SOURCE OF ALLEGATIONS AGAINST THE COMPANY IS NOT A WHISTLEBLOWER OR A FOUNDER OF THE COMPANY".  Full Article

Aleksandr Kogan On Cambridge Analytica's Legal Action Against GSR Says "We Never Reached Any Settlement, They Didn't Even Take Legal Action"- FT ‍​
Thursday, 22 Mar 2018 

March 22 (Reuters) - :ALEKSANDR KOGAN ON CAMBRIDGE ANALYTICA'S LEGAL ACTION AGAINST GSR SAYS "WE NEVER REACHED ANY SETTLEMENT, THEY DIDN'T EVEN TAKE LEGAL ACTION"- FT ‍​.  Full Article

Britain to tackle 'Wild West' internet with new laws

LONDON, May 20 Britain will tackle "the Wild West elements" on the internet from cyberbullying to online child exploitation by introducing new laws for social media companies, digital minister Matt Hancock said on Sunday.