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% to $3.2 billion in the third-quarter, outperforming competitors such as … Continue reading Stock Focus: Facebook Inc (NASDAQ FB) To Continue Spending Aggressively

According to documents filed with Companies House on Tuesday October 21, Facebook’s UK corporation tax bill came to a grand total of $4,005 in 2013. To give that statement even greater resonance, the income tax paid by a London school teacher is equal to over $4,430. Not only was the company’s corporation tax bill pitifully small, it actually had a credit balance of $230,414 due … Continue reading Stock in News: A Look At What Taxes Facebook (NASDAQ FB) Pays

Facebook Inc (NASDAQ FB) CEO Mark Zuckerberg did a Q&A session in Mandarin Chinese, a very difficult language that he learned back in 2010 in his spare time. After the event, Zuckerberg posted on Facebook that he did his first ever public Q&A in Chinese Mandarin at Tsinghua University in Beijing. Throughout the conversation, Zuckerberg spoke just one word in English and that was to … Continue reading Active Stock: Facebook (NASDAQ FB) CEO Zuckerberg Hold A Chinese Q&A Session

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