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Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts.
On November 15, 2010, Facebook announced it had acquired the domain name fb.com from the American Farm Bureau Federation for an undisclosed amount. On January 11, 2011, the Farm Bureau disclosed $8.5 million ($11.5 million in 2023 dollars [ 49 ] ) in "domain sales income", making the acquisition of FB.com one of the ten highest domain sales in ...
FB.com domain name USA, Washington, D.C. November 15, 2010 8,500,000 — — — [20] 15 Rel8tion USA, Seattle, Washington: January 25, 2011 undisclosed Peter Wilson — — [21] 16 Beluga USA, Palo Alto, California: March 2, 2011 undisclosed Jonathan Perlow, Lucy Zhang, Ben Davenport — Facebook Messenger [22] 17 Snaptu Israel, Tel Aviv
Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million ($353 million in 2023 dollars [31]), giving Facebook an implied value of around $15 billion ($22 billion in 2023 dollars [31]). Facebook focused on generating revenue through targeted advertising based on user data, a model that drove its rapid financial growth.
Calculations by author. If Meta were to deploy a stock split, I would assume it wants to keep its price above at least $100. That has generally been around the target area for other tech stocks ...
Alphabet announced better-than-anticipated earnings and revenue for the second quarter, ... Analysts were anticipating earnings per share of $1.85 on revenue of $84.3 billion, according to data ...
An earnings call is a teleconference, or webcast, in which a public company discusses the financial results of a reporting period ("earnings guidance"). The name comes from earnings per share (EPS), the bottom line number in the income statement divided by the number of shares outstanding.
ABC Schedule for 2024-2025 (new shows in CAPS) MONDAY . 8 p.m. Monday Night Football on select Mondays this fall / TBA programming. TUESDAY . 8 p.m. Dancing with the Stars 10 p.m. HIGH POTENTIAL ...