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Facebook Inc (FB.OQ)

FB.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

ACCC Releases Preliminary Report Into Google, Facebook And Australian News & Advertising
Sunday, 9 Dec 2018 06:40pm EST 

Dec 10 (Reuters) - Australian Competition & Consumer Commission::RELEASES PRELIMINARY REPORT INTO GOOGLE, FACEBOOK AND AUSTRALIAN NEWS AND ADVERTISING.PRELIMINARY REPORT CONTAINS 11 PRELIMINARY RECOMMENDATIONS AND EIGHT AREAS FOR FURTHER ANALYSIS.FURTHER CONCERNED WITH LARGE AMOUNT & VARIETY OF DATA WHICH DIGITAL PLATFORMS SUCH AS GOOGLE AND FACEBOOK COLLECT ON AUSTRALIAN CONSUMERS.REPORT OUTLINES ACCC'S CONCERNS REGARDING MARKET POWER HELD BY KEY PLATFORMS, INCLUDING IMPACT ON AUSTRALIAN BUSINESSES.CONCERNED ABOUT LENGTH, COMPLEXITY, AMBIGUITY OF ONLINE TERMS OF SERVICE, PRIVACY POLICIES.REPORT INCLUDES PROPOSAL TO PREVENT GOOGLE’S INTERNET BROWSER BEING INSTALLED AS DEFAULT BROWSER ON MOBILE DEVICES, COMPUTERS & TABLETS.PROPOSES NEW OR EXISTING REGULATORY AUTHORITY TO INVESTIGATE, MONITOR, REPORT HOW LARGE DIGITAL PLATFORMS RANK, DISPLAY ADVERTISEMENTS & NEWS.REPORT INCLUDES PROPOSAL TO ALSO PREVENT GOOGLE’S SEARCH ENGINE BEING INSTALLED AS A DEFAULT SEARCH ENGINE ON INTERNET BROWSERS.ADDITIONAL PRELIMINARY RECOMMENDATIONS DEAL WITH COPYRIGHT, AND TAKE-DOWN ORDERS, AND THE REVIEW OF EXISTING, DISPARATE MEDIA REGULATIONS.CONSIDERING RECOMMENDATION FOR CODE OF PRACTICE FOR DIGITAL PLATFORMS’ DATA COLLECTION TO BETTER INFORM CONSUMERS, IMPROVE BARGAINING POWER..ALSO UNCOVERED CONCERNS OF CERTAIN DIGITAL PLATFORMS BREACHED COMPETITION OR CONSUMER LAWS, CURRENTLY INVESTIGATING 5 SUCH ALLEGATIONS.  Full Article

Facebook's Zuckerberg Rejects Request To Testify In Front Of 7 Countries' Lawmakers - Washington Post
Friday, 23 Nov 2018 10:51am EST 

Nov 23 (Reuters) - :FACEBOOK CEO MARK ZUCKERBERG REJECTS REQUEST TO TESTIFY IN FRONT OF SEVEN COUNTRIES' LAWMAKERS - WASHINGTON POST.INSTEAD OF ZUCKERBERG, FACEBOOK WILL DISPATCH RICHARD ALLAN, CO'S VP OF POLICY SOLUTIONS, TO ANSWER QUESTIONS AT TUESDAY HEARING - WASHINGTON POST.  Full Article

Definers Says It Was Not Hired By Facebook As An Opposition Research Firm
Friday, 16 Nov 2018 12:42pm EST 

Nov 16 (Reuters) - :DEFINERS SAYS IT WAS NOT HIRED BY FACEBOOK AS AN OPPOSITION RESEARCH FIRM - STATEMENT.DEFINERS SAYS ITS MAIN SERVICES FOR FACEBOOK WERE BASIC MEDIA MONITORING AND PUBLIC RELATIONS AROUND PUBLIC POLICY ISSUES FACING FACEBOOK - STATEMENT.DEFINERS SAYS IT RAN LARGE-SCALE NEWS ALERT SERVICE KEEPING HUNDREDS OF FACEBOOK STAFF INFORMED ON NEWS STORIES ABOUT FACEBOOK AND POLICY CHALLENGES.DEFINERS SAYS IT "WORKED CLOSELY AND TRANSPARENTLY WITH DOZENS OF TECH REPORTERS ON FACEBOOK’S BEHALF" - STATEMENT.DEFINERS SAYS "FRACTION OF OUR WORK WITH FACEBOOK INCLUDED PROVIDING RESEARCH AND BACKGROUND INFORMATION ABOUT CRITICS – BOTH ON THE LEFT AND THE RIGHT".DEFINERS SAYS "MANY OF US COME FROM BACKGROUNDS IN GOP POLITICS, BUT THE WORK WE DO IS NON-PARTISAN AND RANGES ACROSS THE POLITICAL SPECTRUM".  Full Article

Facebook's Zuckerberg Says To Create New Way To Appeal Content Decisions To Independent Body
Thursday, 15 Nov 2018 02:31pm EST 

Nov 15 (Reuters) - :FACEBOOK'S MARK ZUCKERBERG SAYS IN THE NEXT YEAR, CO PLANNING TO CREATE NEW WAY FOR PEOPLE TO APPEAL CONTENT DECISIONS TO INDEPENDENT BODY.FACEBOOK'S ZUCKERBERG SAYS DECISIONS OF INDEPENDENT BODY CREATED FOR PEOPLE TO APPEAL CONTENT DECISIONS WOULD BE TRANSPARENT, BINDING.FACEBOOK'S ZUCKERBERG SAYS AS PART OF CONSULTATION PERIOD, WILL BEGIN PILOTING IDEAS IN DIFFERENT REGIONS OF WORLD IN FIRST HALF OF 2019.FACEBOOK'S ZUCKERBERG SAYS WORKING WITH SEVERAL GOVERNMENTS TO ESTABLISH REGULATIONS THAT RESPECT LOCAL CONTENT LAWS.FACEBOOK'S ZUCKERBERG SAYS WILL "HOPEFULLY" WORK WITH EUROPEAN COMMISSION TO CREATE REGULATIONS FRAMEWORK FOR EUROPE IN NEXT COUPLE OF YEARS.  Full Article

Facebook Board Says It Tried To Push Zuckerberg And Sandberg To 'Move Faster' On Russia Interference - CNBC
Thursday, 15 Nov 2018 01:56pm EST 

Nov 15 (Reuters) - :FACEBOOK BOARD SAYS IT TRIED TO PUSH ZUCKERBERG AND SANDBERG TO 'MOVE FASTER' ON RUSSIA INTERFERENCE - CNBC.  Full Article

Instagram Announces New Ways To Discover New Shopping Products
Thursday, 15 Nov 2018 12:57pm EST 

Nov 15 (Reuters) - Instagram::INSTAGRAM - ANNOUNCES 3 NEW WAYS TO DISCOVER NEW SHOPPING PRODUCTS ON INSTAGRAM.  Full Article

Facebook, Google And Twitter Partner In New Coalition, Tech Together To Fight The Opioid Crisis
Tuesday, 13 Nov 2018 11:24am EST 

Nov 13 (Reuters) - Facebook Inc ::FACEBOOK, GOOGLE AND TWITTER ARE PARTNERING IN A NEW COALITION, TECH TOGETHER TO FIGHT THE OPIOID CRISIS.COALITION TO BE LED BY THE CENTER FOR SAFE INTERNET PHARMACIES (CSIP).  Full Article

Facebook Does Not Listen To, View Or Keep The Contents Of Your Portal Video Calls - Blog
Thursday, 8 Nov 2018 01:01am EST 

Nov 8 (Reuters) - Facebook Inc ::FACEBOOK DOES NOT LISTEN TO, VIEW OR KEEP THE CONTENTS OF YOUR PORTAL VIDEO CALLS - BLOG.FACEBOOK SAYS NOTHING YOU SAY ON A PORTAL VIDEO CALL IS ACCESSED BY FACEBOOK OR USED FOR ADVERTISING.- BLOG.FACEBOOK SAYS PORTAL VIDEO CALLS ARE ENCRYPTED, SO YOUR CALLS ARE SECURE- BLOG.FACEBOOK SAYS WE DO PROCESS SOME DEVICE USAGE INFORMATION TO UNDERSTAND HOW PORTAL IS BEING USED AND TO IMPROVE THE PRODUCT- BLOG.FACEBOOK SAYS DON’T SHOW FACEBOOK ADS ON PORTAL. HOWEVER, YOU MAY SEE ADS FROM SOME THIRD-PARTY APPS ON PORTAL - BLOG.  Full Article

Facebook Reports Q3 Earnings Of $1.76 Per Share
Tuesday, 30 Oct 2018 04:05pm EDT 

Oct 30 (Reuters) - Facebook Inc ::QUARTERLY REVENUE $13.73 BILLION, UP 33 PERCENT.QUARTERLY EARNINGS PER SHARE $1.76.DAUS ON AVERAGE FOR SEPT. 2018 WERE 1.49 BILLION, UP 9 PERCENT.MAUS AS OF SEPT. 30, 2018 WERE 2.27 BILLION, UP 10 PERCENT.QUARTERLY OPERATING MARGIN 42 PERCENT VERSUS 44 PERCENT REPORTED IN Q2.FACEBOOK'S ZUCKERBERG SAYS "NOW MORE THAN 2 BILLION PEOPLE USE AT LEAST ONE OF OUR SERVICES EVERYDAY".Q3 EARNINGS PER SHARE VIEW $1.47, REVENUE VIEW $13.78 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Facebook Qtrly Advertising Revenue $13.54 Bln
Tuesday, 30 Oct 2018 04:05pm EDT 

Oct 30 (Reuters) - Facebook Inc ::FACEBOOK REPORTS THIRD QUARTER 2018 RESULTS.FACEBOOK INC QTRLY ADVERTISING REVENUE $13,539 MILLION VERSUS $10,142 MILLION.FACEBOOK INC - ESTIMATE THAT MORE THAN 2.6 BILLION PEOPLE NOW USE FACEBOOK, WHATSAPP, INSTAGRAM, OR MESSENGER (OUR "FAMILY" OF SERVICES) EACH MONTH.FACEBOOK INC - HEADCOUNT WAS 33,606 AS OF SEPTEMBER 30, 2018, AN INCREASE OF 45% YEAR-OVER-YEAR.FACEBOOK'S ZUCKERBERG SAYS "THERE ARE HUGE OPPORTUNITIES AHEAD IN VIDEO AND COMMERCE AS WELL".FACEBOOK - MOBILE ADVERTISING REVENUE REPRESENTED ABOUT 92% OF ADVERTISING REVENUE FOR Q3 2018, UP FROM ABOUT 88% OF ADVERTISING REVENUE IN Q3 2017.  Full Article

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Police sound 'all clear' after bomb threat at Facebook's Silicon Valley campus

SAN FRANCISCO A bomb threat prompted authorities on Tuesday to evacuate a building at the Silicon Valley headquarters of Facebook Inc , police said, but gave the "all clear" after an hours-long search turned up no sign of a device. | Video