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Facebook Says Impact Of Apple Privacy Changes In Line With Expectations
Facebook Reports Qtrly EPS $ 3.61
Facebook Says In Q1, The Oversight Board Issued 18 Recommendations In Six Cases
Facebook, Inc. is focused on building products that enable people to connect and share through mobile devices, personal computers virtual reality headsets, and in-home devices. The Company's products include Facebook, Instagram, Messenger, WhatsApp and Facebook Reality Labs. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Instagram is a place where people can express themselves through photos, videos, and private messaging, and connect with and shop from their favorite businesses and creators. Messenger is a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices. WhatsApp is a messaging application that is used by people around the world to communicate and transact in a private way. Its Facebook Reality Labs offers augmented and virtual reality products, which include Oculus virtual reality technology and content platform.
1601 Willow Rd
MENLO PARK, CA
Chairman of the Board, Chief Executive Officer, Founder
David M. Wehner
Chief Financial Officer
Sheryl K. Sandberg
Chief Operating Officer, Director
Michael Todd Schroepfer
Chief Technology Officer
Jennifer G. Newstead
Vice President, General Counsel
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Price To Book (MRQ)
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Led by Facebook, social media platforms from Alphabet's YouTube to Snap Inc and Twitter are investing heavily in shopping features to drive revenue growth, a major theme that emerged during second-quarter results over the past week.
Facebook Inc said on Wednesday it expects revenue growth to "decelerate significantly," sending the social media giant's shares down 3.5% in extended trading even as it reported strong ad sales.
Facebook Inc beat Wall Street estimates for quarterly revenue on Wednesday, bolstered by increased advertising spending as businesses build their digital presence to cater to consumers spending more time and money online.
(Corrects in first and fifth paragraphs to remove reference to EDPB siding with national enforcers)
Twitter Inc will begin allowing businesses to showcase products for sale at the top of their profile page, the social networking company said on Wednesday, as it seeks to grab a piece of the lucrative online shopping world.
New York and other U.S. states filed a notice on Wednesday saying they will fight the dismissal of an antitrust lawsuit that they launched against Facebook Inc in an appeals court.
Wall Street expects Alphabet Inc and Facebook Inc to report a surge in digital ad sales this week after smaller rivals showed soaring demand, bolstering expectations that the impact of Apple Inc's privacy changes has not yet been felt.
Wall Street expects Alphabet Inc and Facebook Inc to report a surge in digital ad sales this week after smaller rivals showed soaring demand, bolstering expectations that the impact of Apple Inc's privacy changes has not yet been felt. Together, Google and Facebook generated...
Facebook is creating a product team to work on the "metaverse," a digital world where people can move between different devices and communicate in a virtual environment, CEO Mark Zuckerberg said on Monday.
France, Spain, Italy and 20 other EU countries may be taken to court for their tardiness in enacting landmark EU copyright rules into national law, the European Commission said on Monday as it asked the group to explain the delays.
A U.S. judge on Friday gave the U.S. Federal Trade Commission until Aug. 19 to file an amended complaint in its antitrust lawsuit against Facebook Inc, an extension of three weeks from the previous deadline.
Facebook's acquisition of U.S. customer service startup Kustomer is set to trigger a full-scale EU antitrust investigation next month, three people familiar with the matter said on Friday.
The White House has YouTube, not just Facebook, on its list of social media platforms officials say are responsible for an alarming spread of misinformation about COVID vaccines and are not doing enough to stop it, sources familiar with the administration's thinking said.
A California state judge has approved a settlement worth $85 million between Facebook Inc and a class of more than 10,000 content moderators who had accused the company of failing to protect them from psychological injuries resulting from their exposure to graphic and violent...
EU antitrust regulators are likely to kick off a full-scale investigation into Facebook's acquisition of U.S. customer service startup Kustomer after its initial review ends next month, three people familiar with the matter said on Friday.
A Russian court fined U.S. social media firms Facebook and Twitter on Thursday for failing to delete illegal content, the latest salvo in a standoff between Russia and Big Tech.
Facebook has long sought your attention. In recent weeks, it has started asking for your prayers as well in a new tool now available for U.S. Facebook Groups.
Facebook Inc's photo-sharing app Instagram will give users control over how much sensitive content they will see under its "Explore" tab, the company said on Tuesday.
YouTube on Tuesday launched a new way for video creators to earn money from fans through a feature called Super Thanks, as the Alphabet Inc streaming service looks to attract more content makers.
U.S. President Joe Biden took a softer tone when talking about Facebook Inc on Monday, after saying last week that the social media company was "killing people" by allowing the spread of misinformation about vaccines against the coronavirus.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.