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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook    FB

FACEBOOK

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Warren takes swipe at Mark Zuckerberg over political ads

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10/20/2019 | 05:22pm EST

(SOUNDBITE) (English) DEMOCRATIC PRESIDENTIAL CANDIDATE ELIZABETH WARREN SAYING:

"To make real change in Washington, we have got to beat back the corruption in Washington. We have got to beat back the influence of money."

Democratic presidential candidate Elizabeth Warren campaigning in the key swing state of Iowa on Sunday took a swipe at Facebook CEO Mark Zuckerberg, after Facebook ran a political ad which falsely accused former Vice President Joe Biden of blackmailing Ukrainian officials to stop an investigation of his son.

"And when Mark Zuckerberg doesn't like it, too bad for Mark Zuckerberg."

Last week, the Biden campaign sent a letter to Facebook arguing the ad should be taken down.

While the Trump campaign has been pushing out ads with similar false accusations in recent weeks... the video in question was released by an independent political action committee, or super PAC...called 'the Committee to Defend the President.'

Biden's campaign pointed out that although Facebook has a policy of allowing all political leaders a platform, the ad by the super PAC was not from a politician but an organization...and so it should have been rejected.

Zuckerberg last week defended the social media company's stance on free speech, whether true or false.

(SOUNDBITE) (English) FACEBOOK CEO, MARK ZUCKERBERG, SAYING:

"I don't think it's right for a private company to censor politicians or the news in a democracy."

The Facebook controversy flared up after a leaked audio recording was published by The Verge where Zuckerberg was critical of Warren's views on tech.

(SOUNDBITE) (English) FACEBOOK CEO, MARK ZUCKERBERG, SAYING:

"If she (Warren) gets elected president, then I would bet that we will have a legal challenge and I would bet that we will win the legal challenge. And does that still suck for us? Yeah. I mean, I don't want to have a major lawsuit against our own government."

In March, Warren called for breaking up Amazon, Facebook and Alphabet,

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Financials (USD)
Sales 2019 70 463 M
EBIT 2019 24 555 M
Net income 2019 18 276 M
Finance 2019 52 949 M
Yield 2019 -
P/E ratio 2019 30,2x
P/E ratio 2020 21,2x
EV / Sales2019 7,00x
EV / Sales2020 5,54x
Capitalization 546 B
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Technical analysis trends FACEBOOK
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TrendsBullishNeutralBullish
Income Statement Evolution
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Mean consensus BUY
Number of Analysts 49
Average target price 235,29  $
Last Close Price 191,55  $
Spread / Highest target 41,0%
Spread / Average Target 22,8%
Spread / Lowest Target -37,4%
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
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