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January 15, 2013
10:52 EDTFBFacebook working on new mobile ad product, Business Insider reports
Facebook (FB) is working on a plan to allow advertisers to buy mobile ad inventory through its ad exchange FBX, Business Insider reports, citing two sources.Reference Link
News For FB From The Last 14 Days
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September 28, 2015
09:11 EDTFBCLSA U.S. Internet analyst holds an analyst/industry conference call
Internet Analyst James Lee, along with AdParlor's General Manager, Mladen Raickovic, discuss in detail from a media buyer's point of view, Facebook's advertising trends on an Analyst/Industry conference call to be held on October 2 at 11 am.
06:06 EDTFBFacebook 'dramaticlaly' increases virtual reality spending, Financial Times says
Facebook has increased its virtual reality investment since the Oculus acquisitoin and is expected to spend even more over the next decade, reports the Financial Times. Facebook CTO Mike Schroepfer said in an interview, "We are investing more year over year... We've got a multiyear plan for this worked out over a fairly long horizon. Although Schroepfer declined to give specific numbers, Facebook is expected to invest billions of dollars over the next several years. Reference Link
September 25, 2015
16:00 EDTFBOptions Update; September 25, 2015
iPath S&P 500 VIX Short-Term Futures up 66c to 25.09. Option volume leaders: AAPL NFLX BAC FB AU NKE PFE INTC AMZN TSLA
09:34 EDTFBActive equity options trading on open
Active equity options trading on open: AAPL BAC FB NKE NFLX PFE AU TSLA
06:21 EDTFBFacebook's free internet effort in developing countries 'inadequate,' WSJ says
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06:13 EDTFBPiper's Munster sees building virtual reality momentum for Facebook
Piper Jaffray analyst Gene Munster says Facebook's (FB) virtual reality theme is building momentum after its Oculus unit announced a 50% price cut for its mobile VR solution headset to $99. Also announced was that the headset, named Gear VR, will work with five phones versus three in the past. A better virtual reality experience is now available to a larger market and the "critically important" content is growing, Munster tells investors in a research note. Oculus has partnerships with Netflix (NFLX), Hulu, Tivo (TIVO), Sega and Midway to bring their content into Gear VR, Munster points out. He expects Samsung to sell 5M-10M Oculus enabled Gear VR headsets next year, up from around 1M in 2015. Munster maintains an Overweight rating on Facebook with a $146 price target. The stock closed yesterday up 44c to $94.41.
05:58 EDTFBIndian Prime Minister to meet with Apple, Google CEOs, WSJ reports
Indian Prime Minister Narendra Modi will meet this weekend with Google (GOOG) CEO Sundar Pichai, Facebook (FB) founder Mark Zuckerberg and Apple (AAPL) CEO Tim Cook, among others, The Wall Street Journal reports. According to industry insiders, the tech executives will use the visit to push for better market access in India as well as clearer regulation on investment and startups. Reference Link
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