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 Inc    FB

FACEBOOK INC

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

Facebook adds cloud gaming feature to its platform

10/26/2020 | 08:12am EST
FILE PHOTO: A 3D-printed Facebook logo is seen placed on a keyboard in this illustration

(Reuters) - Facebook Inc on Monday launched a free-to-play cloud gaming feature on its social media platform, allowing users to stream and play games like "Asphalt 9: Legends" and "WWE SuperCard" without downloading them.

"We're not spinning off a separate cloud gaming service," the company said in a blog https://about.fb.com/news/2020/10/cloud-gaming-meet-facebook-gaming post, adding that all cloud-streamed games can be played on the platform's gaming tab or News Feed.

Facebook's gaming feature is smaller in scale than premium cloud-based game streaming services like Google's Stadia, Nvidia's GeForce NOW or Amazon.com's Luna, which are competing for users in a high-growth market.

The feature will be available to Android and web users for now, Facebook said, while it was working on alternative options to launch the feature on Apple's iOS.

"Apple treats games differently and continues to exert control over a very precious resource," the company said, adding it is unsure if launching on Apple's app store is a "viable" path.

(Reporting by Ayanti Bera in Bengaluru; Editing by Arun Koyyur)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 2.33% 1795.36 Delayed Quote.34.04%
AMAZON.COM, INC. 1.64% 3220.08 Delayed Quote.74.26%
APPLE INC. 3.08% 122.72 Delayed Quote.62.17%
FACEBOOK INC 3.46% 286.55 Delayed Quote.39.61%
NVIDIA CORPORATION -0.09% 535.6 Delayed Quote.127.62%
All news about FACEBOOK INC
11:54aFACEBOOK : From hate speech to nudity, Facebook's oversight board picks its firs..
RE
10:44aGLOBAL MARKETS LIVE: Bank of America, Pfizer, Tesla…
09:07aFacebook-backed digital coin Libra renamed Diem in quest for approval
RE
08:19aFACEBOOK : Oversight Board Selects Case on Armenians in Azerbaijan
PU
08:19aFACEBOOK : Oversight Board Selects Case on Breast Cancer Symptoms and Nudity
PU
08:19aFACEBOOK : Oversight Board Selects Case on a Nazi Quote
PU
08:19aFACEBOOK : Oversight Board Selects Case on Violence Against French People
PU
05:27aU.K. Court Freezes Up to $5 Billion Tied to Alleged Kazakhstan Bank Theft
DJ
11/30Canada plans digital tax in 2022 on global tech giants such as Facebook, Goog..
RE
11/30FACEBOOK : Stepping Up Our Investment in News in the UK
PU
More news
Financials (USD)
Sales 2020 83 587 M - -
Net income 2020 26 870 M - -
Net cash 2020 63 906 M - -
P/E ratio 2020 30,7x
Yield 2020 -
Capitalization 816 B 816 B -
EV / Sales 2020 9,00x
EV / Sales 2021 7,06x
Nbr of Employees 56 653
Free-Float 83,8%
Chart FACEBOOK INC
Duration : Period :
Facebook Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FACEBOOK INC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 51
Average target price 315,73 $
Last Close Price 286,55 $
Spread / Highest target 30,9%
Spread / Average Target 10,2%
Spread / Lowest Target -58,1%
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 INC39.61%788 892
MATCH GROUP, INC.69.54%37 028
TWITTER45.12%36 899
LINE CORPORATION0.56%12 518
SINA CORPORATION8.51%2 588
NEW WORK SE-11.99%1 726