Facebook Nominates Alford To Board As Two Other Execs Step Down

Analysts at Morgan Stanley see a bright eCommerce future for Instagram and have raised the price target on Facebook stock, according to reports. Facebook shares rose 2.06 percent early Tuesday (April 9) to $178.54. The shares are up 29 percent year-to-date. Morgan Stanley has set...

Facebook CEO Mark Zuckerberg has vowed this year to host public discussions on the future of technology in society. “I’m an engineer, and I used to just build out my ideas and hope they’d mostly speak for themselves,” Zuckerberg wrote in his annual New Year’s post. “But given...

Following news that the U.S. government probe into the Facebook data breach connected with Cambridge Analytica has widened, shares of the company dropped 2 percent in early trading on Tuesday (July 3). The fall took approximately $12 billion off Facebook’s market valuation, Reuters reported. While...

Facebook might be dealing with the fallout from its data scandal, but the company doesn’t seem too worried about how all of the negative press will affect ad sales. The social media site’s users largely haven’t changed their privacy settings in the weeks since the...