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Facebook Inc (FB.O)

FB.O on Nasdaq

152.13USD
26 May 2017
Change (% chg)

$0.17 (+0.11%)
Prev Close
$151.96
Open
$152.23
Day's High
$152.25
Day's Low
$151.15
Volume
14,985,139
Avg. Vol
17,034,251
52-wk High
$153.60
52-wk Low
$108.23

Latest Key Developments (Source: Significant Developments)

Instagram introduces two new features in direct - blog
Thursday, 25 May 2017 12:57pm EDT 

May 25 (Reuters) - Instagram::Instagram says introducing two new features in direct, landscape and portrait orientations, plus links - blog.Instagram says landscape and portrait uploads in direct are available from May 25 on ios, with android coming soon.  Full Article

Instagram introduces face filters in the camera
Tuesday, 16 May 2017 09:07am EDT 

May 16 (Reuters) - Instagram::Instagram says introducing face filters in the camera.Instagram says rolling out more creative tools in the camera such as videos that play in reverse with "rewind" a new camera format next to "boomerang" and "hands-free".  Full Article

Soros Fund Management ups share stake in Facebook, Hewlett Packard Enterprise
Monday, 15 May 2017 05:37pm EDT 

May 15 (Reuters) - Soros Fund Management::Soros Fund Management takes share stake of 233,500 shares in Activision Blizzard Inc.Soros Fund Management ups share stake in Facebook Inc by 80.4 pct to 638,086 class A shares.Soros Fund Management takes share stake of 32,100 shares in Chesapeake Energy Corp.Soros Fund Management ups share stake in Hewlett Packard Enterprise from 1.1 million shares to 3.2 million shares.Change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Network-1 Technologies Inc unit Mirror Worlds Technologies Llc has initiated patent litigation against Facebook Inc
Wednesday, 10 May 2017 08:30am EDT 

May 10 (Reuters) - Facebook Inc ::Network-1 Technologies Inc - unit Mirror Worlds Technologies LLC has initiated patent litigation against Facebook Inc.Network-1 Technologies - lawsuit alleges patents in suit are infringed by core technologies that enable Facebook's newsfeed and timeline features.Network-1 says lawsuit further alleges Facebook's "unauthorized use of stream-based solutions" of patents in suit.  Full Article

Some Facebook users faced technical issue earlier on Monday; issue now fixed- spokesman
Monday, 8 May 2017 10:53pm EDT 

May 8 (Reuters) - :Some Facebook users were unable to access Facebook briefly due to a technical issue earlier on Monday; co has now fixed the issue - Facebook spokesman.  Full Article

WhatsApp fixes service outage that affected users on Wednesday - spokesperson
Wednesday, 3 May 2017 07:54pm EDT 

May 3 (Reuters) - :Earlier today, users in all parts of the world were unable to access WhatsApp for few hours; whatsApp has now fixed the issue – WhatsApp spokesperson.  Full Article

Whatsapp working to fix outage issue "as soon as possible" – spokesperson
Wednesday, 3 May 2017 04:11pm EDT 

May 3 (Reuters) - :WhatsApp is aware of outage issue and is working to fix it "as soon as possible" – Whatsapp spokesperson.WhatsApp spokesperson did not say which countries were affected by the outage.  Full Article

Facebook reports Q1 earnings of $1.04 per share
Wednesday, 3 May 2017 04:11pm EDT 

May 3 (Reuters) - Facebook Inc :Facebook reports first quarter 2017 results.Qtrly earnings per share $1.04.Qtrly revenue $8,032 million versus $5,382 million.MAUs were 1.94 billion as of march 31, 2017, an increase of 17% year-over-year.DAUs were 1.28 billion on average for march 2017, an increase of 18% year-over-year.Headcount was 18,770 as of March 31, 2017, an increase of 38% year-over-year.Q1 earnings per share view $1.12, revenue view $7.84 billion -- Thomson Reuters I/B/E/S.mobile advertising revenue represented approximately 85% of advertising revenue for Q1 of 2017, up from approximately 82% last year.says is no longer reporting non-GAAP expenses, income, tax rate, and earnings per share.Q1 advertising revenue $7,857 million versus $5,201 million.  Full Article

Facebook says announcing new automated rules for Rights Manager - Blog
Thursday, 27 Apr 2017 03:26pm EDT 

April 27 (Reuters) - Facebook Inc ::Announcing new automated rules for Rights Manager that will "better support rights owners’ business objectives" - Blog.Rights Manager now has four automatic match actions; block, claim ad earnings, match, manually review match - Blog.Updates will start rolling out April 27, 2017 and will be available to pages using rights manager globally in the coming weeks - Blog.  Full Article

Facebook says government requests for account data increased by 9 pct globally in H2 2016
Thursday, 27 Apr 2017 12:15pm EDT 

April 27 (Reuters) - Facebook Inc ::Government requests for account data increased by 9 percent globally in H2 2016 compared to H1 2016, from 59,229 to 64,279 requests.Number of content restrictions for violating local law went down by 28 pct globally in h2 2016 compared to h1 2016, from 9,663 to 6,944.About half of data requests from law enforcement in U.S. in H2 2016 contained non-disclosure order prohibiting co from notifying user.  Full Article

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BRIEF-Sumofus urges shareholders to vote for proposal on independent chair for Facebook's board

* Sumofus, institutional shareholder of facebook, says urges shareholders to vote for proposal on independent chair for facebook's board at annual meeting on june 1