Stock in News: Facebook Inc (NASDAQ FB) Could Be Sued For Its New ‘Rooms’ App

Facebook Inc (NASDAQ:FB) could face a potential legal battle in connection with its “Rooms” app, which was launched last week. Facebook previously faced similar trademark issues related to its Timeline feature, Paper news reading app and Bolt photo-messaging app for Instagram. Damien Rottemberg, co-founder and CTO of Room Inc., the developer of Room app, which…

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Stock Focus: Facebook Inc (NASDAQ FB) To Continue Spending Aggressively

Facebook Inc (NASDAQ FB) CEO Mark Zuckerberg stated that he will continue to spend profusely on new technologies in the future, and also explained how this quarter’s numbers was impacted by mega-deals such as the WhatsApp acquisition. Facebook is asking analysts and investors to take a long-term perspective. Revenue for Facebook (NASDAQ FB) increased 59%…

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