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Facebook Inc (FB.O)

FB.O on Nasdaq

127.04USD
20 Jan 2017
Change (% chg)

$-0.51 (-0.40%)
Prev Close
$127.55
Open
$128.10
Day's High
$128.48
Day's Low
$126.78
Volume
19,097,223
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20,666,601
52-wk High
$133.50
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$89.37

Latest Key Developments (Source: Significant Developments)

Facebook releases latest global government requests report for H1 2016
Wednesday, 21 Dec 2016 01:53pm EST 

Facebook Inc : Facebook says releasing latest global government requests report for the first half of 2016 . Facebook Inc says "have expanded our reporting of emergency requests and disclosures to include countries outside the United States" . Facebook - Report includes information about requests received from governments around world to preserve data pending receipt of formal legal process . Facebook - During H1 2016, received 38,675 preservation requests for 67,129 accounts . Facebook - Government requests for account data increased by 27 percent in first half of 2016 globally compared to last half of 2015, increasing from 46,710 to 59,229 requests . Facebook - As for content restriction requests, number of items restricted for violating local law decreased by 83 percent from 55,827 to 9,663 in first half of 2016 .Facebook - Majority of data requests received from law enforcement in U.S. in H1 2016, or about 56 percent, contained non-disclosure order prohibiting company from notifying user.  Full Article

Facebook introduces more ways to connect and share moments
Tuesday, 20 Dec 2016 09:50am EST 

Facebook Inc : Facebook - introducing a marketing program to invite people to share and talk about events and moments that are happening in communities and around the world .Messages from Facebook will appear at the top of news feed about a specific event or moment.  Full Article

Facebook announces partnership to increase supply of affordable housing in Bay Area
Friday, 2 Dec 2016 11:00am EST 

Facebook Inc : Envision Transform Build-East Palo Alto formed a partnership with Facebook and cities of East Palo Alto and Menlo Park . Facebook will make an initial contribution of $20 million to partnership, with $18.5 million going to housing fund .partnership to increase supply of affordable housing in Bay Area.  Full Article

Facebook says users can now play games on Messenger
Tuesday, 29 Nov 2016 12:28pm EST 

Facebook Inc : Facebook Inc says users can now play games on Messenger .Facebook Inc - gaming experience on Messenger will first roll out to 30 countries, and is available for newer iOS and Android operating systems.  Full Article

Facebook said to create censorship tool to get back into China - NYT
Tuesday, 22 Nov 2016 05:51pm EST 

: Facebook said to create censorship tool to get back into China - NYT .Facebook does not intend to suppress posts itself, would offer new software to enable third party to monitor popular stories, topics in China- NYT.  Full Article

Tsai Ventures says its portfolio co CrowdTangle acquired by Facebook
Thursday, 17 Nov 2016 08:50am EST 

Tsai Ventures : Tsai ventures - portfolio company, CrowdTangle Inc, has been acquired by Facebook Inc .Tsai ventures portfolio company CrowdTangle acquired by Facebook.  Full Article

Facebook says updating its ethnic affinity marketing
Friday, 11 Nov 2016 09:00am EST 

Facebook Inc : Facebook announces additional changes designed to better enable it to enforce policies that prohibit discriminatory uses of ethnic affinity marketing . Facebook says will "build tools to detect and automatically disable the use of ethnic affinity marketing for certain types of ads" . will update advertising policies to be even more explicit, require advertisers to affirm they will not engage in discriminatory advertising Source (http://bit.ly/2eZ8Eey) Further company coverage: [FB.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

TE Connectivity unit TE SubCom to co-build Pacific Light Cable Network with Facebook, Google and PLDC
Wednesday, 12 Oct 2016 12:00pm EDT 

TE Connectivity Ltd :Unit TE SubCom, along with Facebook, Google, and PLDC, announced that they will co-build Pacific Light Cable Network.  Full Article

Solocal Group partners with Facebook for SMEs' digital communication
Tuesday, 11 Oct 2016 04:07am EDT 

Solocal Group SA : Announces partnership with Facebook to develop local digital communication for SMEs in France Further company coverage: [LOCAL.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Hamburg commissioner for data protection orders Facebook to stop storing data of German WhatsApp users
Tuesday, 27 Sep 2016 05:12am EDT 

Hamburg Commissioner For Data Protection And Freedom Of Information: Issued order that stops Facebook to collect,store data of german WhatsApp users . Facebook is ordered to delete all data that has been forwarded by WhatsApp Source (http://bit.ly/2doiRRa) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

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Facebook to build third foreign data center in Denmark

COPENHAGEN Facebook will build a new data center in the Danish city of Odense, the California-based tech company said at a press conference with local authorities, only the third such facility outside of the United States.