169.71 +4.16 (2.51%)
Pre-market: 7:42AM EDT
|Bid||169.65 x 1000|
|Ask||170.00 x 800|
|Day's range||158.53 - 166.19|
|52-week range||137.10 - 224.20|
|Beta (5Y monthly)||1.07|
|PE ratio (TTM)||25.75|
|Earnings date||21-Apr-2020 - 26-Apr-2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||228.34|
Facebook Inc said on Monday it would start surveying some U.S. users about their health as part of a Carnegie Mellon University research project aimed at generating "heat maps" of self-reported coronavirus infections. Facebook said it may make surveys available to users in other countries too, if the approach is successful. Alphabet Inc's Google, Facebook's rival in mobile advertising, began querying users for the Carnegie Mellon project last month through its Opinion Rewards app, which exchanges responses to surveys from Google and its clients for app store credit.
The EU is focusing the next stage of its competition probe into Facebook on whether the social media network is distorting the classified advertising market by promoting its free Marketplace service to its 2bn users. Investigators have sent a 14-page questionnaire to competitors asking them to outline the effect that Facebook is having on their classified ads business. “Did the launch of Facebook Marketplace impact your online classified ads services business in each (European Economic Area) country in which you are present?” asks one of the questions.
Facebook COO Sheryl Sandberg spoke to what sounds like a new level of cooperation between the company and Washington.
Facebook (FB) releases Messenger App For Windows and MacOS as usage of desktop browser increases 100% amid coronavirus-induced lockdown.
In other news, our reviews visit The Beatles, Cornish fishermen, Maggie O’Farrell and a plot to free battery hens. The writer known for his Private Eye parodies adds to a vast canon of work on the Fab Four with a tour of anecdote and amusing detail.
Facebook COO Sheryl Sandberg discusses Facebook's effort to boost local news as the industry struggles to cope with the coronavirus pandemic.
Facebook's Sheryl Sandberg tells Yahoo Finance a billion people have sought coronavirus information on the platform.
In a newly released interview, Facebook Chief Operating Officer Sheryl Sandberg says the crisis is a “wake-up call” for the U.S. to address longstanding problems, like the gender pay disparity and domestic violence, that put women at especially heightened economic risk.
Social media companies have launched a concerted effort to block misinformation during the coronavirus crisis, opening a new front in their battle to stop a clampdown on their activity by EU regulators. The moves to promote expert content and remove contentious posts by figures including Jair Bolsonaro, Brazil’s rightwing president, have won cautious praise in Europe. The global health crisis has the potential to change the dynamic of the long-running contest between European regulators and the US tech sector.
Amazon will come out of the coronavirus pandemic stronger than before, according to Big Tech critic Scott Galloway.
Facebook (FB) recently announced a $100 million investment for local news organizations hit by loss in ad revenues due to the coronavirus pandemic.