While Wall Street largely gushed over Facebook's comfortable earnings beat, analysts are keeping an eye on growing costs for security.
Brent Thill, Jefferies internet analyst, and Alex Kantrowitz, Buzzfeed senior technology reporter, discuss Facebook's quarter and plans to increase operating expenses. No other company in tech is driving growth and profitability like Facebook, says Thill.
Nov 2- Facebook Inc is picking security of its platform over near-term profits but Wall Street analysts remain largely unfazed. At least 13 brokerages raised their price target on shares in the world's largest social network following Wednesday's quarterly results, with RBC Capital Markets making the most bullish move and raising its target by $35 to $230.
Eric Sheridan, UBS managing director, provides insight to Facebook's quarter and CEO Mark Zuckerberg's plans to add people and monitor content.
Facebook told investors that it's cleaning up the site even if profit margins come down.
Nov 1- Facebook Inc faced harsh criticism in Washington on Wednesday over its failure to prevent Russian operatives from using its platform for election meddling, but the earnings report it issued hours later showed just how insulated its business remains from political risk. Chief Executive Mark Zuckerberg condemned Russia's attempts to influence last...
Nov 1- Facebook Inc reported better-than-expected quarterly profit and revenue on Wednesday as it pushed further into video advertising, showing no sign of financial damage from the controversy over how Russia used the social network in an attempt to sway voters in the 2016 U.S. election. Chief Executive Mark Zuckerberg condemned Russia's attempts to...
Nov 1- Facebook Inc reported better-than-expected quarterly profit and revenue on Wednesday as it pushed further into video advertising, showing no sign of financial damage from the controversy over how Russia may have used the social network to meddle in the 2016 U.S. elections. Chief Executive Mark Zuckerberg, without mentioning Russia, said in the...
Representatives from Facebook, Twitter and Google were grilled by senators on Tuesday and Wednesday.
The second day of congressional hearings for Google, Facebook and Twitter takes a harsher tone.
Facebook's targeted ads seen driving quarterly revenue 40 percent higher, though profit is rising more slowly as it spends more
The tech companies are in Washington for a second day of congressional hearings to discuss foreign election interference on their platforms.
Facebook is set for strong earnings with healthy advertisement revenue growth and a stock set to pop, according to Deutsche Bank.
Criticism of Facebook and its founder, Mark Zuckerberg, is easy to come by, but solutions aren’t as clear, NYT reports.
As the price of bitcoin surges and new cryptocurrencies pop up by the week, Stanford students are flocking to courses on cryptography.
SHANGHAI, Oct 30- Apple Inc chief executive Tim Cook and Facebook Inc's Mark Zuckerberg met Chinese President Xi Jinping on Monday at an annual gathering of advisers to Beijing's Tsinghua University business school. Cook and Zuckerberg are on the advisory board of the Tsinghua School of Economics and Management. Facebook's Zuckerberg has also been very...
Facebook has been quiet about the abuse of its services in other parts of the world, where the stakes can be much higher than an election, NYT reports.
SAN FRANCISCO, Oct 27- Facebook Inc announced a plan to increase transparency about its role in political advertising on Friday, ahead of congressional hearings next week on social media companies and Russia's meddling in last year's U.S. presidential election. Rob Goldman, Facebook's vice president for ads, said in a blog post that the company would launch a...
There's a debate among Facebook employees over how to handle organic content, or posts from users, that with offensive content, the New York Times reports
But the new policy may not affect the kind of ads run by Russian trolls during the 2016 presidential election, Recode reports.