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Facebook Inc (FB.O)

FB.O on Nasdaq

21 Feb 2017
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$0.19 (+0.14%)
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Latest Key Developments (Source: Significant Developments)

WhatsApp announces an update to the status feature
Monday, 20 Feb 2017 12:00pm EST 

WhatsApp : starting Monday, rolling out update to status, which allows users to share photos, videos with friends,contacts on WhatsApp in easy, secure way .user's status updates are end-to-end encrypted - blog.  Full Article

Facebook announces new Facebook video app for TV
Tuesday, 14 Feb 2017 01:26pm EST 

: Facebook announces new Facebook video app for TV, which will roll out soon to app stores for Apple TV, Amazon Fire TV and Samsung Smart TV- blog Source http://bit.ly/2kPN7Kt ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Facebook's Mark Zuckerberg says 200 mln people use Facebook Lite around the world
Wednesday, 8 Feb 2017 01:14pm EST 

Facebook Inc : Facebook's Mark Zuckerberg says 200 million people use facebook lite around the world - post Further company coverage: [FB.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Facebook expands safety check feature, introduces Community Help
Wednesday, 8 Feb 2017 12:22pm EST 

Facebook Inc : Facebook announces update to safety check called community help, that lets people find, give help such as food, shelter, transportation after a crisis . will make community help available for natural and accidental incidents, such as an earthquake or building fire . will make community help available starting in U.S., Canada, Australia, New Zealand, India And Saudi Arabia for the first couple of weeks Source (http://bit.ly/2lkLpCy) Further company coverage: [FB.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Facebook to extend bereavement leave to 20 days for employees to grieve immediate family - COO Sheryl Sandberg
Tuesday, 7 Feb 2017 06:32pm EST 

: Facebook extending bereavement leave to give employees more time to grieve, recover and will now provide paid family leave - COO . Facebook employees will have up to 20 days paid leave to grieve an immediate family member - COO Sheryl Sandberg .Facebook employees will up to 10 days to grieve an extended family member, will be able to take up to 6 weeks of paid leave to care for a sick relative- COO.  Full Article

Facebook reports Q4 earnings per share $1.21
Wednesday, 1 Feb 2017 04:20pm EST 

Facebook Inc : Facebook reports fourth quarter and full year 2016 results . Q4 non-GAAP earnings per share $1.41 . Quarterly earnings per share $1.21 . Says Q4 revenue was $8,809 million versus $5,841 million a year ago . Q4 earnings per share view $1.31, revenue view $8.51 billion -- Thomson Reuters I/B/E/S . Daily active users were 1.23 billion on average for december 2016, an increase of 18% year-over-year . Mobile DAUs were 1.15 billion on average for december 2016, an increase of 23% year-over-year . Monthly active users were 1.86 billion as of december 31, 2016, an increase of 17% year-over-year . Mobile MAUs were 1.74 billion as of december 31, 2016, an increase of 21% year-over-year . Mobile advertising revenue represented approximately 84% of advertising revenue for Q4 of 2016 . Q4 advertising revenue $8,629 million versus $5,637 million . Elected to early adopt ASU 2016-09 in Q4 of 2016 . Excess tax benefits generated when stock awards vest or settle are no longer recognized in equity . Excess tax benefits generated when stock awards vest or settle are now recognized as a reduction to provision for income taxes . Under new guidance, cash flows related to excess tax benefits required to be presented as operating activity rather than financing activity . "We are required to reflect any adjustments as of january 1, 2016, beginning of annual period that includes interim period of adoption".  Full Article

Facebook announces updates for accounting of video completion rates
Thursday, 26 Jan 2017 02:14pm EST 

Facebook Inc : Facebook says for News Feed, updating how co accounts for video completion rates - blog . Announcing a change to the way it ranks videos in news feed . Facebook says "we expect that most pages will not see significant changes in distribution as a result of this update" . "Longer videos that people spend time watching may see a slight increase in distribution on Facebook" . Some shorter videos may see a slight dip in news feed distribution .The change will roll out gradually over the coming weeks.  Full Article

Facebook Inc says introducing new privacy basics
Thursday, 26 Jan 2017 03:04am EST 

Facebook Inc : Facebook Inc says introducing a new privacy basics to make it easier for people to find tools for controlling their information on facebook .Facebook Inc says privacy basics features improved functionality and top topics based on most frequently asked questions about privacy and security.  Full Article

Facebook announces updates to 'Trending' feature
Wednesday, 25 Jan 2017 01:27pm EST 

Facebook Inc : Facebook Inc says announcing 3 updates to Trending, a feature that shows people popular topics being discussed on Facebook . Facebook Inc - Trending topics will now feature a publisher headline below each topic name . Facebook Inc- In order to give more context on what is trending on Facebook, will now display a headline from a publisher’s article about that topic . Facebook Inc says updates to Trending begin rolling out today and will be available to everyone in the US in the coming weeks . Facebook Inc - Also updating how topics are identified as trending on Facebook . Facebook Inc - The list of which topics are trending on Facebook will no longer be personalized based on a someone’s interests . Facebook - Updates to Trending feature include an improved system to determine what is trending and everyone in same region will see the same topic .Facebook-Update to help prevent fake news from appearing in Trending as updated system identifies groups of articles shared, instead of relying on topic mentions.  Full Article

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

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