Facebook (FB) Not Working Directly with NSA; COO Sandberg Has No Plans to Leave
Get Alerts FB Hot Sheet
Join SI Premium – FREE
Facebook (Nasdaq: FB) is lower on Tuesday's session as the company is holding its annual meeting. The following are a few snippets from the event, not verbatim:
- Mark Zuckerberg is "disappointed" in the company's stock performance;
- Facebook doesn't work directly with the National Security Agency to proactively provide data;
- No agency can plug directly into servers for information;
- The company gives "minimum" amount of information to the government upon requests;
- Sheryl Sandberg has no plans to step down as COO;
- Zuckerberg said the company' is "tweaking" its Home product for Google (Nasdaq: GOOG) Android;
- The company will stay focused on investing at this point, versus paying dividends; and
- Sandberg said "likes" and comments are up 50 percent per person in the past year, a hint at more user engagement
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Simmons Bank chief data officer Lisa Hunter to retire
- Lifevantage (LFVN) Declares $0.050 Quarterly Dividend; 3% Yield
- Peoples Bancorp (PEBK) Declares $0.21 Quarterly Dividend; 1.9% Yield
Create E-mail Alert Related Categories
Dividends, Insiders' Blog, Management Changes, Management CommentsRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share