Facebook Inc (NASDAQ FB) shares closed Thursday at an all-time high of $80.04. It gives the company a valuation of over $208 billion. Facebook’s previous record high was $79.04 on September 30. The stock has rallied close to 49% this year so far. The company has impressed investors with its successful transition into mobile advertising. Facebook stock has moved 10% on average after quarterly results … Continue reading Stock Update: Facebook Inc (NASDAQ FB) Stock Hits A Record High

Facebook Inc (NASDAQ FB) is mad at the United States Drug Enforcement Administration for creating fake accounts to catch drug offenders. The social media giant sent a formal complaint to the DEA. Facebook recently sent a letter to the DEA asking them to stop impersonating users. The letter comes from Joe Sullivan (Facebook’s security chief officer) and it was addressed to DEA’s administrator Michele Leonhart. … Continue reading Stock in News: DEA Extensively Uses Facebook Inc (NASDAQ FB) To Catch Drug Offenders

Facebook Inc (NASDAQ FB) has no shortage of ways to connect with others over all its properties. Messenger, and WhatsApp cover a great deal in this arena. Slingshot is quite good for group messages and Instagram is designed to share photos and have conversations anonymously. So it could be argued that Rooms is unnecessary but Facebook disagrees. Rooms is almost reminiscent of the bulletin boards … Continue reading Active Stock: Facebook (NASDAQ FB) Breaking New Messaging Grounds

Facebook Inc (NASDAQ FB) is the second-largest source of political news in the United States for those having an internet connection, according to a Pew research study. The study that polled 2,901 people concluded that 49% of respondents watch news only on local TV and 48% get the latest news from Facebook Inc (NASDAQ FB), compared to 44% for CNN and 39% for Fox News. … Continue reading Stock Focus: Facebook (NASDAQ FB) Is Becoming A Major Political News Source

Facebook Inc (NASDAQ FB) may be planning a deal with Samsung to come up with a new smartphone, according to reports from The Korean Herald and The Korea Times (via 9to5Google). It seems that the social networking company has not retired its quest of launching a phone even after failing in its previous effort with HTC. Facebook is seeing potential in the smartphone business and … Continue reading Stock in News: Facebook (NASDAQ FB) Looking To Come Up With A Smartphone?

Facebook Inc (NASDAQ FB) plans to launch Safety Check tool that enables users to alert friends and family they are safe in the case of disaster. This tool works when Facebook determines whether a user is located in an area disaster struck and sends the user a notification asking if the user is safe. When the user selects “I’m safe”, the website create a post … Continue reading Active Stock: Facebook Inc (NASDAQ FB) To Introduce The ‘Safety Check’ Feature