The number of user data requests Facebook Inc (NASDAQ FB) has received from governments increased by almost 24% in the first-half of this year compared with the previous six months (to 35,000), according to Facebook’s “Global Government Requests Report.” Facebook content banned due to local laws has also increased by 19% in the same period….
The big disappointment about Facebook’s quarterly results last week was Facebook Inc (NASDAQ FB)’s forward guidance that revenues for Q4 and for 2015 would be below Wall Street expectations. Facebook warned that its Q4 revenue would fall between $3.6-$3.8 billion, a 40-47% higher year-over-year increase. 40-47% growth may sound impressive, but it is far below…
Facebook Inc (NASDAQ FB) stock spiked in early trading on Monday following a report from Morgan Stanley which initiated coverage assigning an Overweight rating and a price target of $90 on the stock. Morgan Stanley’s Benjamin Swinburne also tells investors not to worry about the rising expenses. Facebook’s increasing expenses will hurt the stock in…
Facebook Inc (NASDAQ FB) is offering a revenue share deal to the publishers that will enable newspapers, magazines, and websites to send their articles for the social network directly through its mobile app, according to a report from the New York Times. The social networking website has initiated a “listening tour” with publishers to discuss…
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…
Facebook Inc (NASDAQ FB) apps are not popular with users despite the company being successful in turning its mobile unit into a thriving business. Ratings for the company’s mobile apps are among the lowest in the category on the Apple app store and Google Play store. Although users are not real happy with the Facebook…
