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Facebook Inc (FB.OQ)

FB.OQ on NASDAQ Stock Exchange Global Select Market

159.69USD
24 Apr 2018
Change (% chg)

$-6.15 (-3.71%)
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Latest Key Developments (Source: Significant Developments)

Facebook says Kevin Martin will act as interim head of U.S. public policy
5:55am IST 

April 24 (Reuters) - :FACEBOOK SAYS KEVIN MARTIN WILL REPLACE ERIN EGAN AS INTERIM HEAD OF U.S. PUBLIC POLICY- SPOKESPERSON.FACEBOOK SAYS ERIN EGAN TO FOCUS ON HER EXPANDED DUTIES AS CHIEF PRIVACY OFFICER - SPOKESPERSON.  Full Article

Publicis says no major impact from issues surrounding Facebook
Thursday, 19 Apr 2018 

April 19 (Reuters) - Publicis ::SAYS NOT SEEING ANY MATERIAL IMPACT ON ITS BUSINESS FROM THE ISSUES SURROUNDING FACEBOOK <<>>.SAYS NOT HAVING ANY ISSUES REGARDING ANY MAJOR ADVERTISERS STOPPING ADVERTISING ON FACEBOOK.PUBLICIS SAYS TALKING TO FACEBOOK "TO ENSURE THAT TRUST IS RE-ESTABLISHED" WITH USERS.  Full Article

Facebook Says CEO Mark Zuckerberg's Total Compensation For 2017 Was $8.9 Mln Vs $5.8 Mln Last Year
Saturday, 14 Apr 2018 

April 13 (Reuters) - Facebook Inc ::FACEBOOK INC SAYS CEO MARK ZUCKERBERG'S TOTAL COMPENSATION FOR 2017 WAS $8.9 MILLION VERSUS $5.8 MILLION LAST YEAR.FACEBOOK INC SAYS COO SHERYL SANDBERG'S FY 2017 TOTAL COMPENSATION WAS $25.2 MLN VS $24.5 MLN IN FY 2016 - SEC FILING .FACEBOOK INC SAYS CTO MIKE SCHROEPFER'S FY 2017 TOTAL COMPENSATION WAS $22.4 MLN VS $16.5 MLN IN FY 2016.FACEBOOK SAYS CFO DAVID WEHNER'S TOTAL COMPENSATION FOR 2017 WAS $22.4 MLN VS $16.5 MLN LAST YEAR .  Full Article

Zuckerberg testifies before U.S. House committee
Thursday, 12 Apr 2018 

April 11 (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg testified for nearly five hours on Wednesday before the U.S. House Energy and Commerce Committee::CEO MARK ZUCKERBERG SAYS COMPANY HAS NOT SEEN ACTIVITY BY RUSSIA OR CHINA TO SCRAPE FACEBOOK DATA.ZUCKERBERG SAYS FACEBOOK'S AUDITS OF DATA HARVESTING BY OUTSIDE APPS WILL TAKE 'MANY MONTHS' TO COMPLETE.AMERICAN TO FACEBOOK MANAGEMENT.ZUCKERBERG SAYS HE DOES NOT KNOW WHEN FACEBOOK WILL LAUNCH NEW EUROPEAN PRIVACY CONTROLS, SAYS 'WE'RE WORKING ON IT'.ZUCKERBERG TELLS CONGRESS FACEBOOK CANNOT STOP ALL UNLAWFUL ADS, IN RESPONSE TO QUESTIONS ON PAINKILLER ADS.ZUCKERBERG SAYS 'EVEN 20,000 PEOPLE REVIEWING IT CAN'T LOOK AT EVERYTHING'.ZUCKERBERG SAYS FACEBOOK DOES NOT STORE ANY DATA IN RUSSIA, REDUCING MOSCOW'S POTENTIAL ACCESS TO DATA.ZUCKERBERG SAYS FACEBOOK WILL TAKE DOWN UNLAWFUL OPIOID ADS 'IF PEOPLE FLAG THOSE ADS FOR US'.ZUCKERBERG SAYS FACEBOOK IS NOT COLLECTING INFORMATION FROM VERBAL CONVERSATIONS.ZUCKERBERG SAYS FACEBOOK HAS 200 PEOPLE WORKING ON COUNTERTERRORISM.ZUCKERBERG SAYS FACEBOOK KEEPS LOGS OF USERS' WEB BROWSING 'TEMPORARILY' TO FIND OUT INTERESTS FOR AD TARGETING.ZUCKERBERG DECLINES TO SAY IF HE DISAGREES WITH ANY PARTS OF EUROPEAN PRIVACY LAW, SAYS 'I NEED TO THINK ABOUT THAT'.ZUCKERBERG SAYS IT WOULD BE DIFFICULT FOR FACEBOOK TO GUARANTEE THERE ARE NO 'BAD ACTORS' AMONG OUTSIDE APP DEVELOPERS.FACEBOOK USERS.  Full Article

Cambridge Analytica Says Did Not Use GSR Facebook Data Or Any Derivatives Of The Data In The U.S. Presidential Election‍​
Thursday, 5 Apr 2018 

April 4 (Reuters) - :CAMBRIDGE ANALYTICA SAYS DID NOT USE GSR FACEBOOK DATA OR ANY DERIVATIVES OF THE DATA IN THE U.S. PRESIDENTIAL ELECTION‍​.  Full Article

Cambridge Analytica Says "Licensed Data From GSR For 30 Mln Individuals, Not 87 Mln"
Thursday, 5 Apr 2018 

April 4 (Reuters) - :CAMBRIDGE ANALYTICA SAYS WHEN FACEBOOK CONTACTED THEM TO LET THEM KNOW DATA HAD BEEN IMPROPERLY OBTAINED, IMMEDIATELY DELETED RAW DATA FROM FILE SERVER‍​‍​.CAMBRIDGE ANALYTICA SAYS "LICENSED DATA FROM GSR FOR 30 MILLION INDIVIDUALS, NOT 87 MILLION", DID NOT RECEIVE MORE THAN 30 MILLION RECORDS FROM RESEARCH CO GSR.  Full Article

Alliance Data Provides Statement Regarding Facebook
Friday, 30 Mar 2018 

March 29 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA PROVIDES STATEMENT REGARDING FACEBOOK'S ANNOUNCED WIND-DOWN OF DATA PROVIDER RELATIONSHIPS.ALLIANCE DATA - FACEBOOK'S RECENTLY ANNOUNCED POLICY CHANGES ABOUT "DATA BROKERS" NOT EXPECTED TO HAVE MATERIAL IMPACT ON EPSILON, OR CO.ALLIANCE DATA SYSTEMS - REAFFIRMING FINANCIAL GUIDANCE PREVIOUSLY PROVIDED.ALLIANCE DATA SYSTEMS CORP - NEITHER EPSILON NOR ANY OF ITS AFFILIATES HAS ANY "MATERIAL RELATIONSHIP" WITH ANY SOCIAL MEDIA PLATFORM.  Full Article

Facebook was informed privacy breach app might sell user data - FT‍​
Friday, 30 Mar 2018 

March 29 (Reuters) - :FACEBOOK WAS INFORMED THAT THE APP AT THE CENTRE OF A MASSIVE DATA LEAK COULD SELL USER DATA TO THIRD PARTIES - FT ‍​.FACEBOOK WAS SENT TERMS AND CONDITIONS FOR SECOND VERSION OF THE SURVEY APP, WHICH PULLED USER DATA THAT WAS THEN LEAKED TO CAMBRIDGE ANALYTICA - FT‍​.  Full Article

Cambridge Analytica provides update on data used in 2016 US presidential campaign
Thursday, 29 Mar 2018 

March 29 (Reuters) - :CAMBRIDGE ANALYTICA - CAMBRIDGE ANALYTICA DID NOT USE FACEBOOK DATA FROM RESEARCH COMPANY GSR ON THE 2016 PRESIDENTIAL ELECTION.CAMBRIDGE ANALYTICA-USED DATA TO IDENTIFY “PERSUADABLE” VOTERS, HOW LIKELY THEY WERE TO VOTE, ISSUES THEY CARED ABOUT, & WHO WAS MOST LIKELY TO DONATE.CAMBRIDGE ANALYTICA - BUILT POLLING TRACKER FOR EVERY KEY STATE, PROVIDED DASHBOARDS FOR 2016 CAMPAIGN, INCLUDING GROUP THAT PLANNED CANDIDATE'S TRAVEL AGENDA.  Full Article

NY AG Schneiderman Says To Introduce Legislation For Data Misuse
Thursday, 29 Mar 2018 

March 29 (Reuters) - New York AG Schneiderman :NEW YORK AG SCHNEIDERMAN SAYS TO INTRODUCE LEGISLATION TO REQUIRE COMPANIES LIKE FACEBOOK TO PROVIDE NOTIFICATION IF USERS’ PERSONAL INFO IS MISUSED‍​.‍NEW YORK ATTORNEY GENERAL SCHNEIDERMAN SAYS URGED THE STATE LEGISLATURE TO PASS HIS STOP HACKS AND IMPROVE ELECTRONIC DATA SECURITY ACT ​.N.Y. ATTORNEY GENERAL ERIC SCHNEIDERMAN SAYS FACEBOOK "HAS EXPRESSED A DESIRE TO BE VERY COOPERATIVE" WITH STATE PROBE‍​.  Full Article

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Google-owner Alphabet's shares fall on rise in costs

Shares of Google parent Alphabet Inc lost more than 5 percent on Tuesday as a surge in costs drove what analysts said was its biggest ever contraction in gross margins, overshadowing strong first-quarter ad sales.