Facebook (FB) Instant Articles Positive for The New York Times (NYT) - FBR Capital
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Facebook (FB) Gains as JPMorgan Notes 'Impressive' April Engagement; Remains Favorite Idea
May 14, 2015 10:24 AM EDTFacebook (NASDAQ: FB) is stronger off the open (+1.8%) following positive comments from JPMorgan analyst Doug Anmuth. The analyst reiterated an Overweight rating and $100 price target, noting share of mobile remained strong at 24% in April.
"Facebook remains our top pick in 2015 as we believe its still early in monetizing Facebook's base of 1.4B users and the company is building other strong franchises in Instagram, Messenger, & WhatsApp. comScore data suggests continued strong engagement as Facebooks share of mobile Internet time excluding Instagram & WhatsApp in April was 24%, and its... More
Facebook (FB) Debuts Instant Articles
May 13, 2015 9:06 AM EDTFacebook (NASDAQ: FB) posted the following to its Media blog on Wednesday:
Today were excited to introduce Instant Articles, a new product for publishers to create fast, interactive articles on Facebook.
As more people get their news on mobile devices, we want to make the experience faster and richer on Facebook. People share a lot of articles on Facebook, particularly on our mobile app. To date, however, these stories take an average of eight seconds to load, by far the slowest single content type on Facebook. Instant Articles makes the... More
