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Facebook Inc (FB.OQ)

FB.OQ on NASDAQ Stock Exchange Global Select Market

183.29USD
23 Feb 2018
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$4.30 (+2.40%)
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Latest Key Developments (Source: Significant Developments)

Facebook Reports Qtrly Earnings Per Share $1.44
Thursday, 1 Feb 2018 

Jan 31 (Reuters) - Facebook Inc ::FACEBOOK REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.QTRLY EARNINGS PER SHARE $1.44.QTRLY TOTAL REVENUE $12,972 MILLION VERSUS $8,809 MILLION.DAUS WERE 1.40 BILLION ON AVERAGE FOR DECEMBER 2017, AN INCREASE OF 14% YEAR-OVER-YEAR‍​.MAUS WERE 2.13 BILLION AS OF DECEMBER 31, 2017, AN INCREASE OF 14% YEAR-OVER-YEAR.QTRLY ADVERTISING REVENUE $12,779 MILLION VERSUS $8,629 MILLION.HEADCOUNT WAS 25,105 AS OF DECEMBER 31, 2017, AN INCREASE OF 47% YEAR-OVER-YEAR‍​.QTRLY OPERATING MARGIN 57 PERCENT VERSUS 52 PERCENT.FACEBOOK - MADE CHANGES IN QUARTER THAT REDUCED TIME SPENT ON FACEBOOK BY ROUGHLY 50 MILLION HOURS EVERY DAY.AS A RESULT OF TAX LAW, PROVISION FOR INCOME TAXES INCREASED BY $2.27 BILLION,DILUTED EPS DECREASED BY $0.77 FOR Q4, FULL YEAR 2017‍​.FACEBOOK - MOBILE ADVERTISING REVENUE REPRESENTED ABOUT 89% OF ADVERTISING REVENUE FOR Q4 2017, UP FROM ABOUT 84% OF ADVERTISING REVENUE IN Q4 2016.Q4 EARNINGS PER SHARE VIEW $1.95, REVENUE VIEW $12.55 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Facebook Says CEO Of American Express Appointed To Board
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Facebook Inc ::KENNETH I CHENAULT JOINS FACEBOOK BOARD OF DIRECTORS.FACEBOOK INC - KENNETH CHENAULT, CEO OF AMERICAN EXPRESS, HAS BEEN APPOINTED TO BOARD OF DIRECTORS, EFFECTIVE FEBRUARY 5, 2018.  Full Article

Facebook Inc Says To Update News Feed Ranking Over Next Few Months
Friday, 12 Jan 2018 

Jan 11 (Reuters) - Facebook Inc ::FACEBOOK INC SAYS OVER NEXT FEW MONTHS, IT’LL BE MAKING UPDATES TO RANKING SO "PEOPLE HAVE MORE OPPORTUNITIES TO INTERACT WITH THE PEOPLE THEY CARE ABOUT‍​".FACEBOOK INC SAYS WITH NEWS FEED UPDATE, IT WILL PRIORITIZE POSTS THAT SPARK CONVERSATIONS AND MEANINGFUL INTERACTIONS BETWEEN PEOPLE.FACEBOOK SAYS WITH NEW UPDATE, IT "WILL PREDICT WHICH POSTS YOU MIGHT WANT TO INTERACT WITH YOUR FRIENDS ABOUT, AND SHOW THESE POSTS HIGHER IN FEED".FACEBOOK SAYS WITH THE UPDATES, PAGES MAY SEE THEIR REACH, VIDEO WATCH TIME AND REFERRAL TRAFFIC DECREASE.FACEBOOK SAYS WITH THE UPDATES, PAGE POSTS THAT GENERATE CONVERSATION BETWEEN PEOPLE WILL SHOW HIGHER IN NEWS FEED.  Full Article

Universal Music And Facebook Enter Multi-Year Licensing Agreement
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Universal Music Group::FACEBOOK AND UNIVERSAL MUSIC GROUP STRIKE UNPRECEDENTED GLOBAL AGREEMENT.UNIVERSAL MUSIC GROUP - UNDER PARTNERSHIP, USERS WILL BE ABLE TO UPLOAD VIDEOS THAT CONTAIN LICENSED MUSIC ON FACEBOOK, INSTAGRAM AND OCULUS.UNIVERSAL MUSIC SAYS TO LICENSE ITS RECORDED MUSIC & PUBLISHING CATALOGS FOR VIDEO AND OTHER EXPERIENCES ACROSS FACEBOOK, INSTAGRAM & OCULUS.UNIVERSAL MUSIC GROUP - CO, FACEBOOK WILL "EXPERIMENT" TO INTRODUCE NEW MUSIC-BASED PRODUCTS TO FACEBOOK, INSTAGRAM AND OCULUS, INCLUDING MESSENGER.  Full Article

Facebook Says Announcing New Tools To "Prevent Harassment"
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Facebook Inc ::FACEBOOK SAYS ANNOUNCING NEW TOOLS TO "PREVENT HARASSMENT" ON FACEBOOK AND IN MESSENGER.FACEBOOK SAYS BUILDING ON EXISTING FEATURES THAT PREVENT FAKE AND INAUTHENTIC ACCOUNTS ON FACEBOOK.FACEBOOK SAYS NEW FEATURES PROVIDE OPTION TO IGNORE A MESSENGER CONVERSATION & AUTOMATICALLY MOVE IT OUT OF INBOX, WITHOUT HAVING TO BLOCK SENDER.  Full Article

Facebook Says Account Data Requests Increased By 21 Pct In H1 2017
Tuesday, 19 Dec 2017 

Dec 18 (Reuters) - Facebook Inc ::FACEBOOK SAYS REQUESTS FOR ACCOUNT DATA INCREASED BY 21 PCT GLOBALLY IN FIRST HALF OF 2017 COMPARED TO SECOND HALF OF 2016, FROM 64,279 TO 78,890.57 PCT DATA REQUESTS FROM U.S. LAW ENFORCEMENT IN H1 HAD NON-DISCLOSURE ORDER THAT PROHIBITED CO FROM NOTIFYING USER, UP FROM 50 PCT IN LAST REPORT.NUMBER OF CONTENT RESTRICTIONS FOR VIOLATING LOCAL LAW INCREASED BY 304 PCT GLOBALLY IN H1 2017, COMPARED TO H2 2016, FROM 6,944 TO 28,036.RISE IN CONTENT RESTRICTIONS IN H1 PRIMARILY DRIVEN BY REQUEST FROM MEXICAN LAW ENFORCEMENT TO REMOVE VIDEO OF SCHOOL SHOOTING IN MONTERREY.RESTRICTED ACCESS IN MEXICO TO 20,506 INSTANCES OF VIDEO DEPICTING SCHOOL SHOOTING IN MONTERREY IN THE FIRST HALF OF 2017.  Full Article

Facebook Says To Begin Demoting Posts That Use Engagement Bait this week
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Facebook Inc ::FACEBOOK SAYS STARTING THIS WEEK, IT WILL BEGIN DEMOTING INDIVIDUAL POSTS FROM PEOPLE AND PAGES THAT USE ENGAGEMENT BAIT.FACEBOOK SAYS OVER COMING WEEKS, TO BEGIN IMPLEMENTING STRICTER DEMOTIONS FOR PAGES THAT USE ENGAGEMENT BAIT TO ARTIFICIALLY GAIN REACH IN NEWS FEED.FACEBOOK SAYS POSTS THAT ASK PEOPLE FOR HELP, ADVICE, OR RECOMMENDATIONS WILL NOT BE ADVERSELY IMPACTED BY THE LATEST UPDATE.FACEBOOK SAYS HAVE REVIEWED & CATEGORIZED MANY POSTS TO INFORM A MACHINE LEARNING MODEL THAT CAN DETECT DIFFERENT TYPES OF ENGAGEMENT BAIT.  Full Article

Facebook Says Launches Snooze Feature
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Facebook Inc ::FACEBOOK SAYS‍​ LAUNCHING SNOOZE FEATURE, GIVING USERS OPTION TO TEMPORARILY UNFOLLOW A PERSON, PAGE OR GROUP FOR 30 DAYS.  Full Article

Facebook And WWE Launch Live In-Ring Series On Facebook Watch
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Facebook Inc ::FACEBOOK AND WWE® LAUNCH LIVE IN-RING SERIES ON FACEBOOK WATCH.FACEBOOK SAYS CO, WWE ANNOUNCED A NEW IN-RING SERIES THAT WILL STREAM LIVE IN U.S. EXCLUSIVELY ON FACEBOOK.  Full Article

Facebook Says Introduces New Gaming Features on Messenger
Friday, 8 Dec 2017 

Dec 7 (Reuters) - Facebook Inc ::FACEBOOK SAYS LAUNCHING NEW LIVE STREAMING CAPABILITY VIA FACEBOOK LIVE THAT MAKES IT SIMPLE TO PLAY AND SHARE GAMING EXPERIENCES ON MESSENGER.FACEBOOK INC SAYS LAUNCHING GLOBALLY IN EARLY 2018 IS ANGRY BIRDS, A NEW GAME BUILT FOR MESSENGER.FACEBOOK SAYS IT IS GOING TO BEGIN A TEST SOON THAT WILL ENABLE PEOPLE TO PLAY GAMES WITH EACH OTHER WHILE VIDEO CHATTING.FACEBOOK SAYS FEATURE THAT ENABLES PEOPLE TO PLAY GAMES WHILE VIDEO CHATTING TO BE INTRODUCED EARLY 2018; 'WORDS WITH FRIENDS' WILL BE FIRST GAME TO USE IT.  Full Article

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Hong Kong to ease rules for secondary listing of U.S., UK-listed firms

HONG KONG Hong Kong Exchanges and Clearing (HKEX) plans to ease rules for U.S. and UK-listed Chinese and other international companies to consider a secondary listing in Hong Kong.