IDFA Seen as a 'Real Headwind' for Facebook (FB) but Analysts Remain Positive
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Facebook (FB) CTO Mike Schroepfer to Step Down
September 22, 2021 5:03 PM EDTMike Schroepfer, Chief Technology Officer (CTO) of Facebook, Inc. (NASDAQ: FB) announced he has made a decision to step down from the role and take a new part-time role as the companys first Senior Fellow sometime in 2022.
Schroepfer, who has spent 13... More
Facebook (FB) Shares Hit After Warning on Impact of Apple's (AAPL) Privacy Changes
September 22, 2021 12:44 PM EDTFacebook (NASDAQ: FB) was among the worst performing mega-cap stocks on Wednesday, falling as much as 4.6%, compared to a 1% gain in the Nasdaq 100.
Facebook warns it is 'underreporting' iOS ad results amid Apple privacy changes
September 22, 2021 11:17 AM EDTBy Sheila Dang
(Reuters) - Facebook Inc said on Wednesday it is underreporting the results of its advertising business on Apple Inc iOS devices, acknowledging that recent privacy changes from the iPhone maker have made it more expensive and difficult for brands to advertise on Facebook.
Shares of the social media giant were down 3.7% at $344.32 in morning trading.
Facebook said in a... More