Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook    FB

FACEBOOK

(FB)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Facebook : Google defeats conservative nonprofit's YouTube censorship appeal

share with twitter share with LinkedIn share with facebook
share via e-mail
02/26/2020 | 11:16pm EDT
FILE PHOTO: Small toy figures are seen in front of Google logo in this illustration picture

Google persuaded a federal appeals court on Wednesday to reject claims that YouTube illegally censors conservative content.

In a 3-0 decision that could apply to platforms such as Facebook, the 9th U.S. Circuit Court of Appeals in Seattle found that YouTube was not a public forum subject to First Amendment scrutiny by judges.

It upheld the dismissal of a lawsuit against Google and YouTube by Prager University, a conservative nonprofit run by radio talk show host Dennis Prager.

PragerU claimed that YouTube's opposition to its political views led it to tag dozens of videos on such topics as abortion, gun rights, Islam and terrorism for its "Restricted Mode" setting, and block third parties from advertising on the videos.

Writing for the appeals court, however, Circuit Judge Margaret McKeown said YouTube was a private forum despite its "ubiquity" and public accessibility, and hosting videos did not make it a "state actor" for purposes of the First Amendment.

McKeown also dismissed PragerU's false advertising claim, saying YouTube's "braggadocio" about its commitment to free speech --such as "everyone deserves to have a voice, and [the] world is a better place when we listen, share and build community through our stories" -- were merely opinions.

Peter Obstler, a lawyer for PragerU, in an interview called the decision "very limited," and decided only "based on the facts alleged in this case."

He said the decision did not address possible state law claims in California, where PragerU is suing Google and YouTube in a related case.

Farshad Shadloo, a Google spokesman, said the company's products "are not politically biased," and the decision "vindicates important legal principles that allow us to provide different choices and settings to users."

Google and YouTube are units of Mountain View, California-based Alphabet Inc.

Donald Verrilli, a U.S. solicitor general under President Barack Obama, in a legal brief said courts have consistently found private companies such as Google, YouTube and Facebook did not qualify as state actors for First Amendment purposes.

He said a contrary view would "change the Internet" by threatening to make websites "chock-full of sexually explicit content, violent imagery, hate speech, and expression aimed at demeaning, disturbing, and distressing others."

Verrilli wrote on behalf of the Computer & Communications Industry Association, in support of Google and YouTube.

Wednesday's decision upheld a March 2018 dismissal by U.S. District Judge Lucy Koh in San Jose, California.

The case is Prager University v Google LLC et al, 9th U.S. Circuit Court of Appeals, No. 17-06064.

(Reporting by Jonathan Stempel in New York; Editing by Tom Brown)

By Jonathan Stempel

Stocks treated in this article : Facebook, Alphabet Inc.
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. -4.53% 1110.26 Delayed Quote.-17.11%
FACEBOOK -4.01% 156.79 Delayed Quote.-23.61%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on FACEBOOK
03/27KENNETH CHENAULT : Facebook Nears Complete Board Overhaul -- WSJ
DJ
03/26FACEBOOK : Launches Messenger Coronavirus Community Hub
DJ
03/26KENNETH CHENAULT : Facebook Nears Complete Board Overhaul With Latest Exit
DJ
03/26FACEBOOK : appoints Robert Kimmitt as lead independent director
RE
03/26FACEBOOK : Names Former Deputy Secretary of the Treasury to Its Board
DJ
03/26FACEBOOK INC : Change in Directors or Principal Officers (form 8-K)
AQ
03/26FACEBOOK : Appoints Robert M. Kimmitt as Lead Independent Director
PR
03/26FACEBOOK : Conservative Group Pushes for FDA Approval of Drug to Treat Coronavir..
DJ
03/25Home-bound users fume as video apps do not sync with TVs
RE
03/25Do more to stop coronavirus price gouging, U.S. states tell Amazon, Walmart, ..
RE
More news
Financials (USD)
Sales 2020 83 187 M
EBIT 2020 29 961 M
Net income 2020 24 910 M
Finance 2020 66 599 M
Yield 2020 -
P/E ratio 2020 18,3x
P/E ratio 2021 15,1x
EV / Sales2020 4,57x
EV / Sales2021 3,61x
Capitalization 447 B
Chart FACEBOOK
Duration : Period :
Facebook Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FACEBOOK
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 51
Average target price 233,24  $
Last Close Price 156,79  $
Spread / Highest target 91,3%
Spread / Average Target 48,8%
Spread / Lowest Target -23,5%
EPS Revisions
Managers
NameTitle
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
FACEBOOK-23.61%446 922
TWITTER-21.09%19 748
MATCH GROUP, INC.-23.91%17 666
LINE CORPORATION-0.59%11 515
SINA CORPORATION-20.96%2 195
NEW WORK SE-39.38%1 103