Facebook Inc. (NASDAQ: FB) Facing Regulatory Probe On Leaked Documents, Metaverse Development on Track

Facebook Inc. (NASDAQ: FB)  is expected to release its Q3 2021 earnings on October 25, 2021, and the controversial social media company is calling for slowing revenue growth in the coming quarters. The company expects YoY total revenue growth in Q3 and Q4 to decelerate sequentially. Facebook expects increased advertisement targeting headwinds in 2021 from […]

Facebook Inc. (NASDAQ: FB) Changing How It Measures User Accounts for Ads And bans Militarized Groups

Facebook Inc.  (NASDAQ: FB) gained 0.3% on Friday, but this gain wasn’t adequate to reverse losses experienced early in the week at the back of growing products scrutiny and global outage.  Shares ended the week down 4%, which is the fourth consecutive week of decline and down 14% from September highs. The company is changing […]

Facebook, Inc. Common Stock (NASDAQ: FB) Extends Access to Licensed Music to Game Streams

Facebook, Inc. Common Stock now allows more content creators to play licensed music in the background during streaming. Previously, Facebook Gaming only let creators with partner status play music from various labels and publishers. This service was put into effect in September 2020 as an experiment that gave 1000 content creators access to music.  Now […]

Facebook Inc (NASDAQ: FB) to Introduce Voice and Video Calling on the Main App

Facebook Inc (NASDAQ: FB) has always wanted to connect messaging across all its apps, which was done in Instagram and Messenger. Some years back, Facebook removed Messenger from its main app in 2014. As a result, if anyone wishes to use the messenger app, they would have to download the Messenger app independently. With the […]

Facebook, Inc (NASDAQ: FB) To Transform Facebook Into Metaverse Company

Facebook, Inc (NASDAQ: FB) management has laid down the foundation to transform the company into a “Metaverse Company” from a social media network in the next five years. As per the CEO (Chief Executive Officer), the company is working on for the viewer, where one can view the content and experience the feeling of being […]

Russia Cracks Down On Facebook, Inc (NASDAQ: FB) And Telegram With A Hefty Fine

On Facebook, Inc (NASDAQ: FB) and the messaging app Telegram find have faced Russia’s wrath over banned content. Russian authorities imposed a heavy fine on Facebook and Telegram, accusing the two of negligence in pulling down banned content. Most analysts consider the latest move to be part of the fast-growing government attempts to establish control on […]

Facebook Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), and Apple Inc. (NASDAQ: AAPL) Increase Spending In lobbying

Facebook Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), and Apple Inc. (NASDAQ: AAPL) reportedly spent significant amounts in 2019 on lobbying the federal government. This is according to the company’s necessary filings to the government yesterday. Spending by tech companies continues to grow The latest revelations show how the tech giants have been trying to […]