Facebook Inc is the world's largest online social network. Its products are Facebook, Instagram, Messenger, WhatsApp, and Oculus. Its products enable people to connect and share through mobile devices and personal computers.
For Facebook, Coronavirus Is an Important Test on Multiple Fronts
Mar 27, 2020 @ 11:00
For Facebook, the pandemic is a challenge to its engineering prowess, content moderation systems and overall workforce -- not to mention the company's own business model....
5-Star Analyst Cuts Near-Term Facebook Estimates; Remains Bullish on the Stock
Mar 27, 2020 @ 00:23
The phrases “flattening the curve” and “social distancing” are among those most likely to pop up in future discussions recalling the coronavirus pandemic of the early 21st century. But among students of Wall Street’s behavior during the period, the phrase “lowering estimates” might get a few mentions...
Facebook launches coronavirus hub on messenger platform
Mar 26, 2020 @ 22:12
Facebook Inc. on Thursday said it has launched a coronavirus community hub on its messenger platform that includes tools for parents and teachers to help with remote school work, help consumers verify facts and avoid scams on the topic, and keep its members connected on the social-networking platform....
Facebook Names Former Treasury Official to Key Board Role
Mar 26, 2020 @ 21:09
(Bloomberg) -- Facebook Inc. appointed Robert Kimmitt, a former deputy Treasury secretary under President George W. Bush, as lead independent director.The social media company and Chief Executive Officer Mark Zuckerberg have been criticized for Facebook’s corporate structure, in which Zuckerberg has...
Facebook names former Treasury Department official to board of directors
Mar 26, 2020 @ 20:24
Facebook Inc. on Thursday said Robert M. Kimmitt, former deputy secretary of the Treasury and U.S. Ambassador to Germany, has been appointed to the company's board of directors as lead independent director, effective immediately. Facebook added that Jeffrey D. Zients, chief executive of The Cranemere Group Ltd., has informed the company he will not stand for re-election to Facebook's board at the company's 2020 annual shareholders meeting. Facebook shares are down 1% in the last year. The broader S&P 500 index is down 6.6% in the last year....
Facebook Appoints Robert M. Kimmitt as Lead Independent Director
Mar 26, 2020 @ 20:05
Facebook (Nasdaq: FB) today announced that Robert M. Kimmitt, former Deputy Secretary of the Treasury and U.S. Ambassador to Germany, has been appointed to the company's Board of Directors as lead independent director, effective immediately. Additionally, Jeffrey D. Zients, CEO of The Cranemere Group...
Should You Buy Facebook ETFs as Coronavirus Boosts Traffic?
Mar 26, 2020 @ 19:02
As increasing number of people are spending time indoors, in line with the social-distancing guidelines, Facebook is seeing a surge in its services usage, including Messenger, Instagram and WhatsApp....