Nasdaq FB FaceBook

Starting in 2022, you'll be able to wear Facebook (NASDAQ: FB) on your wrist, literally.

Banks must set aside enough capital to cover losses on any bitcoin holdings in full, global regulators proposed on Thursday, in a "conservative" step that could prevent widescale use of the cryptocurrency by big lenders.

Facing regulatory and political pressure, Facebook and Alphabet Inc’s Google in recent years committed a combined $600 million to support news outlets globally - many of them local or regional enterprises foundering in a digital age.

Banks must set aside enough capital to cover losses on any bitcoin holdings in full, global banking regulators proposed on Thursday, in a "conservative" step that could prevent widescale use of the cryptocurrency by major lenders.

The architect of Australia's new law making Alphabet Inc's Google and Facebook Inc pay news outlets for content on Thursday rejected a suggestion the move was the result of lobbying by News Corp, calling the claim "extremely strange".

Lawmakers in the House of Representatives are working on drafts of five antitrust bills, four of them aimed directly at reining in Big Tech, and may introduce them within days, according to three sources familiar with the matter.

Facebook Inc expects to reopen all its U.S. offices by October, with plans to offer flexible work-related options to employees, the social media platform said on Wednesday.

Facebook Inc ads chief Carolyn Everson is leaving the company, she said in a post on the social media platform on Wednesday.

The cryptocurrency space has been abuzz in recent months, with prices spiking to begin the year and then dropping sharply, new coins consistently coming to market, and heightened speculation about digital currencies potentially replacing traditional banking services and card netw

Pinterest (NYSE: PINS) and Snap (NYSE: SNAP) continue to challenge Facebook (NASDAQ: FB) for the attention of social media users. Between Pinterest's "pins" and Snap's camera features, each site has attracted strong followings among specific demographics. Nonetheless, while both

A global equity benchmark and two key European stock indexes touched new highs on Tuesday, while the dollar rose in anticipation of faster inflation as volatility eased to lows last seen before the coronavirus pandemic.

A global benchmark and two key European indexes hit new highs on Tuesday while the dollar rose in anticipation of faster inflation as volatility eased to lows last seen in February 2020 before the coronavirus pandemic.

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Google has bowed to pressure from rivals and will let them compete for free to be the default search engines on Android devices in Europe, widening a pledge to EU antitrust regulators two years ago.

Social media multinational Facebook Inc. (FB) held its somewhat-annual F8 developer conference in early June, launching new products and tools for developers to connect consumers with brands. Focal points involved improvements for Instagram, WhatsApp, and augmented reality (AR) platforms. (See FB stock analysis on TipRanks) 

Highlighting these changes in his analysis on the stock, Brent Thill of Jefferies Group assigned a Buy rating and provided a price target of $385, reflecting a potential upside of 14.39% from Monday’s closing price. Thill wrote that through its new tools, he expects Facebook to derive substantial value from millions of advertisers.  

First, Thill spotlighted the newly launched Application Programing Interface for Instagram, which will allow businesses to incorporate their own apps in its messaging platform to more easily facilitate engagements with consumers. Because over 90% of Instagram users follow a brand, he expects this shift to provide a massive opportunity for B2C interaction and also improve customer experiences.  

The analyst detailed the commerce-related improvements announced for WhatsApp, the messaging platform with over two billion global users. These included reducing API configuration times from weeks to minutes, adding advanced engagement and notification abilities, and introducing automated messaging options for users to communicate with businesses.  

Thill was encouraged by Facebook’s augmented reality platform, which has been testing AR filters for video conferencing purposes. He mentioned that the company has over three times the amount of AR filter creators of Snap Inc. (SNAP).  

On TipRanks, Facebook has an analyst rating consensus of Strong Buy, based on 28 Buy, 4 Hold, and 1 Sell ratings. The average FB analyst price target is $385.69, representing a potential 12-month upside of 14.59%.  

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. 

Facebook (NASDAQ: FB) and Twitter (NYSE: TWTR) control two of the most widely visited social media sites in the world. Facebook has emerged as the choice for general social media, while Twitter has developed a successful niche in microblogging. Nonetheless, this dominance will no

Alphabet unit Google has bowed to pressure from rivals and will let them compete for free to be the default search engines on Android devices in Europe, widening a pledge to EU antitrust regulators two years ago.

Markets were in their comfort zone on Tuesday, with world stocks hovering just off record highs, the dollar lifted by upcoming inflation data and the main volatility gauges all looking reassuringly calm.

A union representing India's largest state-run bank and a global alliance have asked the central bank to bar large companies from setting up payment networks, saying in a letter seen by Reuters on Tuesday that privatisation could compromise data safety.

A group of 50 investors managing more than $4.5 trillion in assets is calling on companies involved in the development and use of facial recognition technology, such as Amazon and Facebook, to do so in an ethical way.