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The One Thing That Matters For Investors From Facebook's F8 Developer Conference
Wednesday, April 13, 2016 - 11:36am | 238Facebook Inc (NASDAQ: FB) announced at the F8 Developer Conference that the Messenger app was now open to natural-language chatbots that were designed to handle all types of customer service queries. Jefferies’ Brian Pitz maintained a Buy rating on the company, with a price target of $145...
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Facebook Is More Than Just A Social Network; Axiom Says Shares Are Worth $150
Monday, April 4, 2016 - 9:39am | 381Axiom’s Victor Anthony believes that Facebook Inc (NASDAQ: FB) is becoming “the world’s largest communications and entertainment platform,” and that the stock therefore deserves to trade at a premium. The analyst maintained a Buy rating on the company, while raising the...
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Jim Cramer Offers Plenty Of Reasons To Love Facebook
Friday, January 29, 2016 - 4:34pm | 349"Mad Money" host Jim Cramer offered Facebook Inc (NASDAQ: FB)'s CEO Mark Zuckerberg some advice during his TV segment on Thursday. Advice For The New Dad "Please take more paternity leave," Cramer said on Thursday's "Mad Money" segment. "One-third of the remarkable quarter Facebook reported last...
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FBR Likes Facebook Even More After Earnings
Thursday, January 28, 2016 - 10:55am | 311Although Facebook Inc (NASDAQ: FB) shares have declined 10.06 percent over the past one month, they are up 21.35 percent over the past one year. William Bird of FBR & Co. has maintained an Outperform rating on the company, while raising the price target from $125 to $130. The company...
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Facebook's Messenger App Breaches 800 Million User Mark
Thursday, January 7, 2016 - 12:40pm | 210Facebook Inc (NASDAQ: FB)'s David Marcus posted on the company's blog Thursday that it met a milestone of "800 million people using Messenger" monthly. The messenger app was developed in 2014. "We made Messenger blazing fast, we introduced video calling, the ability to...
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Social Media Pair Trade: Susquehanna Starts Yahoo & Facebook At Positive, Twitter & Yelp At Neutral
Tuesday, August 11, 2015 - 12:42pm | 654In various reports published Tuesday, Susquehanna analyst Shyam Patil initiated coverage of various social media companies. Patil initiated coverage of Facebook Inc (NASDAQ: FB) and Yahoo! Inc. (NASDAQ: YHOO) with "Positive" ratings while shares of Twitter Inc (NYSE: TWTR) and Yelp...
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Deutsche Bank Says Dynamic Ads May Be Facebook's 'Catalyst'
Monday, April 20, 2015 - 8:37am | 276In a report published Monday, Deutsche Bank analyst Ross Sandler stated that his checks pointed towards a "solid" first quarter result for Facebook Inc (NASDAQ: FB) driven by continued growth in video and core newsfeed monetization, coupled with "modest" progress at Instagram. "Our proprietary...
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The Economist: 'This Could Be War' For Facebook
Wednesday, March 25, 2015 - 8:40am | 262The Economist on Wednesday suggested that an upcoming "messaging war" may be declared during Facebook Inc (NASDAQ: FB)'s developer conference in which the company is expected to say it will turn its Messenger app into a "platform." The publication continued that by...
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What To Expect At Facebook's Developer Conference, According To Gene Munster
Monday, March 23, 2015 - 9:58am | 284In a report published Monday, Piper Jaffray analyst Gene Munster discussed what investors can expect from Facebook Inc's (NASDAQ: FB) annual F8 developers conference that starts on March 25. According to Munster, Facebook CEO Mark Zuckerberg will likely give company metric updates and...
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Here's Why Facebook Remains A 'Top-Pick' Ahead Of Developer Conference
Monday, March 23, 2015 - 8:49am | 214In a report published Monday, JMP Securities analyst Ronald Josey commented that Facebook Inc (NASDAQ: FB) remains a "top-idea" as recent checks have shown the company continues to gain share of ad budgets. Josey noted three key themes and topics that Facebook may discuss during its upcoming...
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Facebook's Messenger App Reaches 500 Million Users, Company Not Satisfied Yet
Monday, November 10, 2014 - 4:16pm | 158Facebook Inc (NASDAQ: FB) reported on Monday that more than 500 million users across the global are using its Messenger app to communicate with each other. Messenger was Facebook's first standalone app and was launched in 2011. In a blog post, Facebook's Director of Product Management Peter...
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Facebook Optimizes Android App To Attract Emerging Market Users
Monday, June 23, 2014 - 12:16pm | 577Facebook (NASDAQ: FB) has 1.2 billion users worldwide. It would like to have about 6.2 billion. In order to pick up the missing five billion users, many of whom reside in emerging markets, the social media giant sent a team of engineers to Africa to do some testing. In a blog...
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Why Are Teens Abandoning Facebook for Messaging Apps?
Monday, November 11, 2013 - 3:13pm | 559When Facebook (NASDAQ: FB) CFO, David Ebersman said in a recent earnings call that the company “did see a decrease in daily users specifically among younger teens,” the admission was widely viewed as an indication that while teenagers were still on Facebook, they were not using it as much as...
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Microsoft to Take Over Skype Operations in China November 24
Friday, November 8, 2013 - 3:00pm | 517The Chinese language version of Techweb (complete with a not-so-subtle graphic depicting Skype’s emergence as the new sheriff in town) noted Friday that Chinese mobile Internet company TOM Online will turn Skype operations in mainland China over to Microsoft (NASDAQ: MSFT) November 24. The Next...