India plans new social media controls after Twitter face-off
Chafing from a dispute with Twitter, India plans to oblige social media companies to erase contentious content fast and assist investigations, according to a draft regulation.
Nasdaq FB FaceBook
2 Reasons Why Alphabet Is Undervalued
Many investors often shun the biggest names in the market because they believe that these companies are so obvious that they cannot possibly be undervalued. But one tech titan has likely been hiding in plain sight: Alphabet (NASDAQ: GOOGL). Even though the general market may curr
3 Growth Stocks I'd Buy Right Now
Growth stocks have been on fire over the past year as the pandemic has unlocked disruptive market opportunities all over the world. And some of the changes we've seen will change the way we work and interact forever. Three companies that I think still have upside for growth inves
Apple Investors Shouldn't Ignore These 3 Weaknesses
Apple's (NASDAQ: AAPL) stock price has more than tripled over the past three years, silencing the bears who claimed its best days were over. Its iPhone business remained stable, newer hardware devices like the Apple Watch and AirPods attracted more consumers, and its prisoner-tak
Facebook says it inadvertently blocked content during Australia news ban
Facebook Inc said on Wednesday some content was inadvertently blocked on its social network platform when it banned all news content in Australia.
Facebook Developing Tools To Prevent Child Exploitative Content
(RTTNews) - Social media giant Facebook on Tuesday said it is preparing new tools as part of its drive to prevent child exploitation."Using our apps to harm children is abhorrent and unacceptable," said Antigone Davis, Global Head of Safety in a blog post.
Australian lawmakers expected to pass amendments to Facebook, Google law
Australian lawmakers are expected to approve amendments to landmark legislation to force Facebook and Alphabet's Google to pay media companies for news content, despite opposition from some minor political parties.
Australian lawmakers expected to pass amendments to Facebook, Google law
Australian lawmakers are expected to approve amendments to landmark legislation to force Alphabet's Google and Facebook to pay media companies for news content, despite opposition from some minor political parties.
Noteworthy Tuesday Option Activity: TMST, FB, ULTA
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Timkensteel Corp (Symbol: TMST), where a total of 6,655 contracts have traded so far, representing approximately 665,500 underlying shares. That amounts to about 181.5%
Facebook's oversight board has received appeal from 'user' in Trump ban case
Facebook Inc's oversight board has received a "user statement" for the case it is deciding about whether the social media company was right to indefinitely suspend former President Donald Trump's Facebook and Instagram accounts, a board spokeswoman confirmed on Tuesday.
EXCLUSIVE-French antitrust investigators say Google breached its orders on talks with news publishers -sources
French antitrust investigators have accused Alphabet Inc's Google of failing to comply with the state competition authority's orders on how to conduct negotiations with news publishers over copyright, two sources who read the investigators' report said.
EXCLUSIVE-French antitrust investigators say Google breached its orders on talks with news publishers - sources
French antitrust investigators have accused Google of failing to comply with the state competition authority's orders on how to conduct negotiations with news publishers over copyright, two sources who read the investigators' report said.
Canada, Australia agree to coordinate efforts to ensure web giants pay for news - statement
Canadian Prime Minister Justin Trudeau and Australian Prime Minister Scott Morrison spoke on Tuesday and agreed to coordinate on efforts to get web giants to pay for news, according to a statement from Ottawa.
Bitcoin-related Stocks Jumped on Tesla News. Is History Repeating Itself?
Earlier this month, Tesla (NASDAQ: TSLA) revealed in a regulatory filing that it had invested $1.5 billion in Bitcoin (CRYPTO: BTC). The announcement itself caused the cryptocurrency to climb 16% to a new all-time high. This isn't the first time a move by Tesla's enigmatic founde
Facebook News Is Back in the Outback
Facebook (NASDAQ: FB) has settled its differences with the Australian government for the time being. The local news sites that were disabled last week are back online as lawmakers agreed to make some changes to the proposed News Media Bargaining Code.The Media Bargaining law has
US STOCKS-Nasdaq, S&P 500 set to open lower ahead of Powell speech
The Nasdaq and S&P 500 indexes were set to open lower on Tuesday as investors sold off high-flying growth stocks on valuation concerns ahead of Federal Reserve Chairman Jerome Powell's testimony in Congress.
This ETF Could Help Grow Any Retirement Nest Egg
There are plenty of great exchange-traded funds (ETFs) out there that could help you grow a sizable nest egg for retirement. The Vanguard High Dividend Yield ETF (NYSEMKT: VYM), for example, has a history of providing solid long-term growth plus dividend income, and was recently
Facebook To Lift News Ban In Australia
(RTTNews) - Almost a week after publishers and people in Australia were blocked from sharing or viewing Australian and international news content, Facebook said it will restore news on its platform for Australians in the coming days after reaching an agreement with the Australian
US STOCKS-Nasdaq futures deepen slide ahead of Powell speech
Futures tracking the Nasdaq index pointed to a more than 1% drop at the open on Tuesday as investors sold off high-flying technology stocks on valuation concerns ahead of Federal Reserve Chairman Jerome Powell's testimony in Congress.
Facebook To Restore News Feeds In Australia After Government Deal
Facebook announced on Feb. 23 that it will restore news for its users in Australia in the coming days after reaching an agreement with the government regarding its proposed law for news content.
Facebook’s (FB) Managing Director for Australia and New Zealand, William Easton, said, “After further discussions, we are satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns about allowing commercial deals that recognize the value our platform provides to publishers relative to the value we receive from them.”
“As a result of these changes, we can now work to further our investment in public interest journalism and restore news on Facebook for Australians in the coming days,” Easton added.
Facebook’s VP, Global News Partnerships, Campbell Brown said in a separate statement that the company will be able to support small and local publishers following the discussions with the Australian government. Brown added, “Going forward, the government has clarified we will retain the ability to decide if news appears on Facebook so that we won’t automatically be subject to a forced negotiation.”
Last week, the social media company blocked news feeds for users in Australia after a dispute with its government escalated over the proposed legislation. (See Facebook stock analysis on TipRanks)
According to Australia’s proposed law, news media outlets can negotiate collectively or individually, over content that drives traffic to Facebook and Google websites. If the parties fail to reach an agreement, an arbitrator appointed by the Australian Government will set the fees for both parties.
Earlier this month, Tigress Financial Partners analyst Ivan Feinseth reiterated a Buy rating on the stock. Feinseth said, “FB continues to benefit from the COVID-19 pandemic driving greater online interaction, increased average daily and average monthly users, and increased user engagement.”
“FB also continues to benefit from ongoing digital advertising growth, increasing users, and growing user engagement through its ongoing innovation and platform expansion into e-commerce and more interactive application capabilities,” the analyst added.
The rest of the Street is bullish about the stock with a Strong Buy consensus rating. That’s based on 32 Buys, 3 Holds and 1 Sell. The average analyst price target of $341.85 implies 31% upside potential to current levels.
According to the TipRanks Smart Score system, FB scores a 5 out of 10 indicating that the stock is likely to perform in line with market averages.
Related News:
ZoomInfo Spikes 12% As 4Q Profit Tops Analysts’ Estimates; Street Says Buy
PAVmed Tanks 12% After-Hours On Lucid Diagnostics Spin-Off
Five9 4Q Pops 10% Pre-Market On Blowout Quarter
This feed is responsible for generating the rss feed related to the topic META
Subscribe to Nasdaq FB FaceBook feed
#channel