RBC Capital Reiterates Outperform Rating on Facebook (FB) Ahead of 1Q Report

Facebook (FB) Targets Zoom's (ZM) Appeal with New Group Video-Chat Feature, Messenger Rooms will Allow as Many as 50 People on Video Call - Bloomberg

April 24, 2020 2:18 PM EDT

Facebook (NASDAQ: FB) Targets Zoom's (NASDAQ: ZM) Appeal with New Group Video-Chat Feature, Messenger Rooms will Allow as Many as 50 People on Video Call - Bloomberg

... More

Facebook enters the videoconferencing fray with Messenger Rooms

April 24, 2020 2:17 PM EDT

By Katie Paul

SAN FRANCISCO (Reuters) - Facebook Inc (NASDAQ: FB) introduced a videoconferencing tool and expanded livestreaming features on Friday, capitalizing on a surge in demand for video chats during the coronavirus pandemic while taking its first steps toward a planned integration of messaging products across its apps.

The videoconferencing tool, Messenger Rooms, will enable as many as 50 people to participate in a call, the company said in a statement. It will display a tiled layout of participant videos - up to 16 on desktop and 8 on mobile - resembling the design offered by... More

Ireland should consider forcing Google, Facebook to pay media for content: PM

April 24, 2020 11:31 AM EDT

DUBLIN (Reuters) - The Irish government should consider copying Australia's plan to force Facebook Inc (NASDAQ: FB) and Alphabet Inc's (NASDAQ: GOOGL) Google to share advertising revenue with local media, Prime Minister Leo Varadkar said on Friday.

... More

Tech & healthcare tighten grip on world stock markets

April 24, 2020 10:12 AM EDT

By Thyagaraju Adinarayan and Julien Ponthus

LONDON (Reuters) - The technology and healthcare sectors have tightened their grip on global stock markets since the coronavirus shock knocked world shares from February's record highs.

While banks, airlines and oil majors have been dumped by investors and the value of their shares has plummeted, sectors including the likes of pharma giant Roche (NYSE: ROG) and the U.S. tech heavyweights now... More

Popular stocks with increasing unusual volume: NFLX FB SNAP AMZN ET

April 24, 2020 9:54 AM EDT

Popular stocks with increasing unusual volume: NFLX FB SNAP AMZN ET

... More

Facebook's big India deal portends a bruising time for SoftBank-backed Paytm

April 24, 2020 7:47 AM EDT

By Sankalp Phartiyal and Nupur Anand

NEW DELHI/MUMBAI (Reuters) - Facebook's (NASDAQ: FB) $5.7 billion investment in Reliance (OTC: RELI) promises to be the biggest headache yet for Paytm, a SoftBank-backed pioneer in India's digital payments market but which has been losing ground to rivals with deeper pockets.

Facebook's WhatsApp, which has been working on gaining regulatory approval for payments services in India, is gearing up for a full rollout of those services by June, according to a source familiar with the matter.

The partnership... More

FCC Adds to Wi-Fi Spectrum in Win for Google, Facebook, Vote by FCC Opens 6 ghz Band to Use by Wi-Fi Devices - Bloomberg

April 23, 2020 10:57 AM EDT

FCC Adds to Wi-Fi Spectrum in Win for Google, Facebook, Vote by FCC Opens 6 ghz Band to Use by Wi-Fi Devices - Bloomberg

... More

Key U.S. lawmaker pushes for a ban on mergers until coronavirus pandemic ends

April 23, 2020 10:23 AM EDT

WASHINGTON (Reuters) - The chair of the House Judiciary Committee's antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly related to companies about to fail.

Democratic U.S. Representative David Cicilline's proposal attempts to ensure that large companies do not wipe out competition from smaller rivals already hit hard by the pandemic.

Mega-mergers and corporate... More

Active options: SNAP FB NFLX AAPL TSLA AMD PCG DAL MSFT

April 23, 2020 4:56 AM EDT

Active options: SNAP FB NFLX AAPL TSLA AMD PCG DAL MSFT

... More