197.36 -0.13 (-0.07%)
After hours: 7:57PM EDT
|Bid||197.36 x 800|
|Ask||197.55 x 800|
|Day's Range||193.79 - 197.96|
|52 Week Range||147.80 - 199.58|
|PE Ratio (TTM)||32.69|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Facebook wants to help connect brands to creators so they can work out
An academic who was central to the misuse of Facebook data sought to turn the tables on internet companies by saying the government should step in to help prevent data-privacy scandals in the future.
Aleksandr Kogan testifies before a Senate subcommittee in Washington. The academic researcher who harvested personal data from Facebook for a political consultancy firm said Tuesday that the idea the data was useful in swaying voters’ decisions was “science fiction”. “People may feel angry and violated if they think their data was used in some kind of mind-control project,” Aleksandr Kogan, the now notorious Cambridge University psychologist whose app collected data on up to 87 million Facebook users, said during a US senate hearing.
Facebook (FB) wants to curb the spread of fake news online, and media publishers agree with that initiative, which would allow professional journalism to flourish. However, media publishers disagree with Facebook on the approach to counter online misinformation.
If you’re new to investing in stocks and have a long-term outlook, one or more of these top stocks might be a good choice for you.
Move over, Instagram vs. Snapchat. The fight is on between Facebook and YouTube. Facebook announced Tuesday that it's bringing new poll and game features to Live and on demand video for Facebook creators. With this new emphasis on interactivity, and with game tools that sound *a lot* like HQ, the gamification of video seems to be Facebook's latest play in the battle for teen eyeballs — a competition that it has been steadily losing in recent years to YouTube. SEE ALSO: Instagram is proof shameless copying pays off Facebook launched its Facebook for Creators website and app in November 2017. Today's tools mark an expansion of its offerings for fledgling Facebook *Stars*. Facebook will make the new tools available to select creators and publishers. Polling will come to both Live and on demand video (which is just regular Facebook video). It will include a few question formats, like "either/or" or "two truths and a lie." A "gameplay" tool that enables the creation of, say, a live trivia show with a cash prize, will only be available on Live. And at least three new game shows enabled by the gameplay tool are coming to Facebook Watch in the coming weeks. When HQ launched in 2017, a lot of people lauded the app as the "future of entertainment." Now, the HQ-mania has died down (as Mashable predicted). But with a Watch trivia show launching called 'Confetti by INSIDER,' as well as gaming capabilities debuting more broadly for Watch creators, Facebook seems to believe the trend has legs. The game and poll features debuted along with new business tools, too. Facebook unveiled profile settings that allow creators to put their video content front and center, and more ways to monetize and grow their presence on Facebook. That includes a "Brands Collabs Manager" (yes, 'collabs'), which will help brands discover Facebook creators in order to establish "partnerships" with them. It will roll out ad breaks and paid fan subscriptions more widely. And, it announced the creation of a program it's calling the Facebook for Creators Launchpad. It's an application only creator incubator, which sounds a lot like YouTube's 'NextUp' and Snap's 'Yellow.' Don't call it a "collaboration."Image: FacebookYouTubers can also create polls in videos, using the cards tool. But typically, they don't look as cute as Facebook's new offerings. (Cuteness: also v. important to the teens). Facebook may be playing catchup to YouTube in the video creator department, but polls and the ability to launch a fully-fledged game show make video production on Facebook more dynamic. That, along with the business tools, could give Facebook an edge when creators are choosing between investing in and growing communities on Facebook or YouTube. And that's a consumer choice Facebook is very much invested in winning. According to a 2018 Pew study, Facebook is losing shares of the teen market faster than ever. Today, 51 percent of teenagers say they use Facebook, down from 71 percent in 2015. Meanwhile, YouTube is the most popular platform among 13 - 17 year olds: 85 percent of teenagers say they use YouTube, and 32 percent say it is the platform they use the most often. Facebook is losing teens' love to YouTube, Instagram, and Snapchat.Image: pew researchWith teens proving, through the attention they're lavishing upon YouTube, that they love the personalized, quirky interactivity of YouTubers, it's no surprise that Facebook is going after that share of the market. Copycating Snapchat worked to make Instagram the platform of choice for stories and direct messages. So perhaps a shift to more produced — but still personal — video on Facebook can help Facebook capture the other half of the teenage content equation. Maybe, YouTube creator-like video will be more insulated from Facebook's mom demographic, too, since adults have less interest (and plainly, don't really get) creator fandom. That could go a long way to bringing teens back to Facebook. Though we expect Facebook will have to do a lot more to bring the Cool Teens back into the fold. WATCH: This song addresses what it's like to grow up surrounded by social media
A Texas nonprofit working to help reunite immigrant families who have been separated at the U.S. border with Mexico will soon get millions in donations to help their work. A California couple's Facebook fundraiser has raised more than $5 million in three days for the Refugee and Immigrant Center for Education and Legal Services (RAICES) after an outpouring of support from Facebook users. SEE ALSO: How to stop feeling helpless when you hear about immigrant children taken from their parents Started by Charlotte and Dave Willner, the fundraiser initially had a modest target of less than $2,000. "We are starting our goal at $1500 and will see how far we get," the couple wrote on the fundraising page Saturday morning, noting that it's the minimum bond amount for people detained at the border. The fundraiser grew quickly from there as donations grew to about $4,000 a minute, according to the couple, who has raised the goal as donations increased. The current fundraising target is set at $6 million. The Willner's fundraiser is the single largest fundraiser on Facebook up until now, according to the company. At the time of this writing, it's raised more than $5.3 million from more than 129,000 Facebook users. RAICES says it will use the money to help fund its work to reunite detained families and provide legal assistance for children. "This is such a profound rejection of the cruel policies of this administration," the group wrote in a statement on Facebook. "Take heart. There are terrible things happening in the world. And there are many people who are deciding not to look away but to do something." Facebook says it's seen an influx of other, smaller fundraisers for the Texas nonprofit in recent days too. On Tuesday, the organization's website was returning server errors, likely due to increased traffic from the many fundraisers. Facebook's top two executives, Mark Zuckerberg and Sheryl Sandberg, were among the donors to the Willner's fundraiser, the company confirmed, though it didn't disclose the amount of their donations. Elsewhere on Facebook, Zuckerberg started his own fundraiser for the Texas Civil Rights Project on Tuesday, which so far has raised more than $15,000 for the organization. "Organizations like Texas Civil Rights Project and RAICES are doing great work helping families at the US border get legal advice and translation services, as well as documenting what is happening on the ground to make sure these stories are shared," he wrote. WATCH: You can now donate to charity with Alexa
State Street Global Advisors on Tuesday launched the latest in its popular series of U.S. sector-based exchange-traded funds, in anticipation of a major reclassification that will be finalized later this year. The new fund, the Communication Services Select Sector SPDR Fund (ARCX:XLC), was created in response to upcoming changes to MSCI’s and S&P Dow Jones’s Global Industry Classification Standard. The changes bring about the creation of a new communications services sector, which the new fund will track.
IPG CEO Michael Roth says he's happy to see representatives from Amazon, Snap, Twitter, and other competitors to Facebook and Google at Cannes. This year, he's looking at the range of platforms that might grow to pose a threat to the digital duopoly — Google GOOGL and Facebook FB .
Michael Roth is happy to see representatives from Amazon, Twitter, Snap, and other players in digital advertising at Cannes.
Facebook Inc launched a matchmaking system Tuesday to cultivate partnerships between advertisers and video creators as the world's largest social media company tries to quickly parallel the variety of commercial opportunities offered by its video rival YouTube. Some advertisers have tested the Brand Collabs Manager, which identifies video makers that may be good fits for product placement or endorsement deals.
Facebook Inc (NasdaqGS:FB - News) launched a matchmaking system Tuesday to cultivate partnerships between advertisers and video creators as the world's largest social media company tries to quickly parallel the variety of commercial opportunities offered by its video rival YouTube. Some advertisers have tested the Brand Collabs Manager, which identifies video makers that may be good fits for product placement or endorsement deals. Facebook also said it was allowing more content creators to run ad breaks in longer videos, and offer subscriptions for $4.99 a month to fans.
This would allow both the company and social media stars to earn more advertising revenue. It is Facebook's latest attempt to encroach upon YouTube's dominance in the online video market. Facebook FB is taking another jab at YouTube by expanding its video ad opportunities to more social media stars.
Instagram, which is controlled by Facebook (FB), has been releasing new features to retain and grow its users. Recently, according to TechCrunch, Instagram has added the shoppable tag feature to Instagram Stories. Instagram launched this feature earlier in 2016 through 20 select partners, and it allows users to click on the photo with a tag on it, which would lead it to the product they want to buy.
Facebook’s (FB) photo and video sharing platform, Instagram, is rapidly growing and has an active advertiser base of around 2 million, which doubled in just five months. In fact, according to one Wall Street analyst, Instagram is likely to contribute a significant chunk to Facebook’s advertising revenue, which relies mostly on advertising growth.
Facebook wants to open your eyes in photos where they're closed — and now it can. A pair of Facebook engineers have come up with an artificial intelligence tool that fixes people's closed eyes in photos, a research paper published this week by the social media company revealed. The 10-page paper likened the method to other photo retouching methods such as removing blemishes and red-eye corrections. Although the idea is still in its research phase, it's the first technology of its kind that "fixes" closed eyes in photos while taking into account uncontrollable variables like lighting. Adobe, the leading photo editing software, does not have the capability to do that yet. SEE ALSO: Facebook’s desperate for people to take its fake news fight seriously Although it's still unclear whether Facebook will ever use this method to fix photos on the social network, the breakthrough could feasibly present privacy concerns for its users. The company is already undergoing a class-action lawsuit opened in April over using AI facial recognition technology without users' permission to suggest tagging them in photos. The people suing claimed Facebook's feature violated laws that prohibited companies from gathering people's biometric data without their permission. And this new editing function solely relies on collecting, using, and scrutinizing user biometric information. The technology works by training the artificial intelligence with photos of people with their eyes open, taking in factors like eye shape and color, and then the software can use that data to transfer "open eyes" onto people's blinking photos. The Silicon Valley researchers, Brian Dolhansky and Cristian Canton Ferrer, call this process in-painting. But it's still not perfect. The in-painting technology was unable to successfully put open eyes on blinking faces at "extreme" angles, people with sunglasses and other non-front facing, unobstructed eyes. The Facebook researchers believe, however, this can be solved by training the technology with more "variable-sized masks" — or what essentially means a greater variety of faces and settings. Without additional training, this could become reminiscent of Nikon's (somewhat racist) face-detect feature from 2010, which would ask "did someone blink?" for pictures of East Asian people with smaller eyes and more recently in 2016 when a New Zealand passport robot would not accept an East Asian man's photo, because it thought his eyes were closed (spoiler alert: they were not). We can't wait to see what Facebook does with this powerful new tool, and whether it's ever to make this usable for its 2.2 billion monthly active users. WATCH: Facebook is building a 3D virtual reality based on your photos — so you can relive your prom album in real time (without your date)
Facebook (FB) recently announced a new Memories page on the platform where users can see content from the past. Facebook’s Memories page will be similar to the “On This Day” feature, which is seen in the News Feed. Facebook believes that the page will allow users to look back over events that took place, and that users will want to share posts and photos from these events with their friends.
Apple (AAPL) has banned developers who write apps for its devices from selling or sharing the data collected from its users, according to Bloomberg. Specifically, Apple has prohibited App Store developers from turning people’s address books into a database of contacts for the purpose of sharing or selling the database to third parties. The move to restrict how developers obtain and handle data they obtain from the App Store seems aimed at preventing the abuse of Apple’s products or services.
HIVE Blockchain Technologies Ltd. (TSXV:HIVE) has been on a downward spiral this year, as cryptocurrencies have fallen out of favour with buyers.
Too many investors are mistakenly leaving defensive names for dead, according to a new Leuthold Group research note.
China accounts for nearly 20 percent of Apple revenues and the company is arguably the most successful U.S. technology firm in China. Other FANGs Facebook, Netflix and Alphabet are more insulated as their operations are minimal in China. Apple AAPL could be most at risk of all the big American technology firms if the trade tensions between the U.S. and China escalate.