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Facebook Inc (FB.O)

FB.O on Nasdaq

18 Jan 2017
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$0.05 (+0.04%)
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Latest Key Developments (Source: Significant Developments)

CBSN, Instagram enter partnership for presidential debate coverage
Friday, 23 Sep 2016 02:12pm EDT 

CBSN: CBSN, Instagram enter partnership to feature curated Instagram stories in CBSN’s live streaming coverage for presidential, vice presidential debates Further company coverage: [CBS.N] [FB.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Facebook users cannot sue as group over advertising data use - BBG
Friday, 2 Sep 2016 04:01pm EDT 

:Facebook users can’t sue as group over advertising data use - Bloomberg.  Full Article

Facebook says introducing 'Instant Video' for its messenger app
Thursday, 1 Sep 2016 11:20am EDT 

:Facebook Inc says introducing 'Instant Video' that allows adding live video to any FB messenger conversation for iOs or Android.  Full Article

Citron's Left says he is long Alibaba - CNBC
Tuesday, 30 Aug 2016 12:31pm EDT 

: Short seller Andrew Left says "I don't have a position on Facebook right now" - CNBC . Short seller Andrew Left says Facebook will become a "tremendous" short once engagement numbers decrease - CNBC . Short seller Andrew Left of Citron Research says "I am long Alibaba" - CNBC ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Facebook changes 'Trending' feature to make it "more automated" - Blog
Friday, 26 Aug 2016 04:20pm EDT 

Facebook: Making changes to Trending feature on facebook to make product "more automated" . Trending feature on Facebook will no longer require people to write descriptions for Trending Topics . More algorithmically driven process allows company to scale trending to cover more topics and make it available to more people globally over time . List of topics one sees as Trending still personalized based on factors like pages liked, location, what is "trending across Facebook overall" .Instead of seeing story description in Trending, users will now see a "simplified topic", number of people talking about that topic on Facebook.  Full Article

WhatsApp to continue to explore ways for users, businesses to connect, without ads
Thursday, 25 Aug 2016 07:17am EDT 

WhatsApp: Says it will explore ways for users and businesses to communicate with each other using WhatsApp . Says in privacy policy update that it will still not allow third-party banner ads on the app .Says will explore ways for businesses and users to communicate for order updates, flight status updates and marketing.  Full Article

Facebook says customers can pre-order Oculus Rift from retailers in Europe, Canada
Tuesday, 16 Aug 2016 07:29am EDT 

Facebook Inc : Customers Can Pre-Order Oculus Rift Online From Retailers In Europe And Canada From August 16 . In-Store Availability Of Oculus Rift In Europe And Canada Will Begin September 20 . By Fall, Oculus Rift Demos Will Be Available In More Than 600 Retail Locations Across The Us, Canada And Europe . Facebook Says Oculus Rift Demo Experiences Will Be Rolling Out Across Europe, Canada Over Next Several Weeks - Blog . Facebook Says Oculus Touch Demos Are Coming To In-Store Retail Experiences Globally In October Source (http://bit.ly/2bxaBAz) Further company coverage: [FB.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Facebook says anticipate lower advertising revenue growth rates in each successive quarter in 2016 - Conf call
Wednesday, 27 Jul 2016 06:00pm EDT 

Facebook Inc : "anticipate ad load on Facebook will continue to grow modestly over next 12 months " - Conf call . "tightening our expense guidance range " - Conf call . "anticipate full year 2016 capital expenditures will be about $4.5 billion as we invest to support rapid growth of our business" - Conf call . "expect full year 2016 amortization expenses to be approximately $700 million to $800 million" - Conf call . "anticipate that our total non-gaap expenses will grow in the range of 45% to 50%, narrowed from our prior range of 45% to 55%" - Conf call . "do expect that ad load will be as less significant factor driving overall growth especially after mid-2017"- Conf call . " anticipate lower advertising revenue growth rates in each successive quarter in 2016 " - Conf call . "expect that full year 2016 total gaap expense growth will be about 30% to 35%, narrowed from our prior range of 30% to 40% " - Conf call . "we're doing a partnership with the NBA to stream some us men's Olympic team games in the next couple of weeks"- Conf call . CEO- "I am enjoying pokemon go" - Conf call Further company coverage: [FB.O] ((Bengaluru Newsroom) ((+1 646 223 8780;))).  Full Article

Facebook qtrly diluted earnings per share $0.71
Wednesday, 27 Jul 2016 04:05pm EDT 

Facebook Inc : MAUS were 1.71 billion as of June 30, 2016, an increase of 15% year-over-year . Mobile MAUS were 1.57 billion as of June 30, 2016, an increase of 20% year-over-year . Qtrly revenue $6,436 million versus $4,042 million last year . Q2 advertising GAAP revenue $$ 6,239 million versus $3,827 million last year . Qtrly diluted earnings per share $0.71 . Mobile advertising revenue represented approximately 84% of advertising revenue for q2 of 2016 . Qtrly non-GAAP diluted earnings per share $0.97 . Q2 earnings per share view $0.82, revenue view $6.02 billion -- Thomson Reuters I/B/E/S . Daily active users (DAUS) - DAUS were 1.13 billion on average for June 2016, an increase of 17% year-over-year . Mobile DAUS - mobile DAUS were 1.03 billion on average for June 2016, an increase of 22% year-over-year . Capital expenditures for q2 of 2016 were $995 million . Facebook reports second quarter 2016 results .Facebook Inc qtrly GAAP operating margin 43 percent versus 31 percent.  Full Article

Facebook says successful test flight of solar plane Aquila
Thursday, 21 Jul 2016 11:46am EDT 

Facebook Inc : Facebook Inc Says Announces Successful First Test Flight Of Solar Airplane Aquila Source (http://bit.ly/2a2llpT) Further company coverage: [FB.O] ((Bengaluru Newsroom; +1 646 223 8780;)).  Full Article


Facebook dismissive of censorship, abuse concerns, rights groups allege

WASHINGTON Nearly 80 rights groups on Wednesday accused Facebook of "racially biased censorship" and failing to be more transparent about its removal policies and cooperation with law enforcement, adding to criticism the company has faced in recent months over its management of content on its network of 1.8 billion users.