Facebook Inc (NASDAQ FB), in April, announced that it will start a separate Facebook Messenger app for the mobile devices. The social networking site has tested the app in Europe, and now it plans to roll-over the app in other countries, also. The company stated on Monday that every user will get a version in…
Facebook Inc (NASDAQ FB) in the next six months, will make available a lot more content on the site through its search algorithm. During an earnings call, Facebook (NASDAQ FB) founder and Chief Executive made an announcement on the plans of making more content available on the site and even the famous Shakira video that…
Facebook Inc (NASDAQ FB) has decided to extend the close of the WhatsApp deal by one year, according to a report from Reuters. The social networking site has agreed to pay a whopping $19 billion to acquire instant messaging app WhatsApp. Facebook has extended the closing date of the WhatsApp deal by another year from…
In the wake of Facebook Inc (NASDAQ FB)’s earnings report this week, analysts from multiple firms have increased their price targets and estimates. Two of the firms that raised their numbers are FBN and Baird. As always, mobile advertising and engagement rates are hot topics of conversation around the second quarter earnings results. Shares of…
In an exciting development on the Stock Market, Facebook Inc (NASDAQ FB) stock soared to a record high after the company said its profits more than doubled and revenues surged 61% during the latest quarter. Facebook’s revenues crushed the consensus estimates for the ninth straight quarter. Shares of Facebook Inc (NASDAQ FB) jumped 5.62% to…
Owing to strong advertising gains, Facebook Inc (NASDAQ FB) has posted earnings per share of $0.42 on revenue of $2.91 billion excluding one-time items. After an initial decline following the results, Facebook Inc (NASDAQ FB) is presently trading at $74.07 up $2.78 or 3.91% in extended trading. Prior to the earnings call the company was…
