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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook    FB

FACEBOOK

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Facebook : raises settlement to $650 million in facial recognition lawsuit

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07/31/2020 | 05:26pm EDT
FILE PHOTO: A 3D-printed Facebook logo is seen placed on a keyboard in this illustration

Facebook Inc raised its settlement offer by $100 million to $650 million related to a lawsuit that claimed it illegally collected and stored biometric data for millions of users without their consent, the company said on Friday.

The social media giant reached a $550 million settlement in January regarding the same lawsuit, which started in 2015, when Illinois users accused the company of violating the state's Biometric Information Privacy Act in collecting biometric data.

(Reporting by Akanksha Rana in Bengaluru; Editing by Shailesh Kuber)

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Financials (USD)
Sales 2020 80 148 M - -
Net income 2020 22 920 M - -
Net cash 2020 62 407 M - -
P/E ratio 2020 32,0x
Yield 2020 -
Capitalization 723 B 723 B -
EV / Sales 2020 8,24x
EV / Sales 2021 6,47x
Nbr of Employees 52 534
Free-Float 83,8%
Chart FACEBOOK
Duration : Period :
Facebook Technical Analysis Chart | MarketScreener
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Technical analysis trends FACEBOOK
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 48
Average target price 276,33 $
Last Close Price 253,67 $
Spread / Highest target 28,1%
Spread / Average Target 8,93%
Spread / Lowest Target -52,7%
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
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SINA CORPORATION1.05%2 638
NEW WORK SE-5.14%1 842