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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook Inc    FB

FACEBOOK INC

(FB)
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Signal back up after outage

01/16/2021 | 11:58pm EST
Photo illustration of Signal messaging app

(Reuters) - Signal said on Saturday it had restored its services a day after the application faced technical difficulties as it dealt with a flood of new users after rival messaging app WhatsApp announced a controversial change in privacy terms.

Signal has seen a rise in downloads following a change in WhatsApp's privacy terms, which required WhatsApp users to share their data with both Facebook Inc and Instagram.

Signal users might see errors in some chats as a side effect to the outage, but will be resolved in the next update of the app, the company said https://bit.ly/3im0aQ1 in a tweet.

The error does not affect the security of the chat, the company added.

The non-profit Signal Foundation based in Silicon Valley, which currently oversees the app, was launched in February 2018 with Brian Acton, who co-founded WhatsApp before selling it to Facebook, providing initial funding of $50 million.

(Reporting by Radhika Anilkumar in Bengaluru; Editing by William Mallard)


© Reuters 2021
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Financials (USD)
Sales 2021 108 B - -
Net income 2021 32 704 M - -
Net cash 2021 78 046 M - -
P/E ratio 2021 23,6x
Yield 2021 -
Capitalization 757 B 757 B -
EV / Sales 2021 6,31x
EV / Sales 2022 5,07x
Nbr of Employees 58 604
Free-Float 83,9%
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Technical analysis trends FACEBOOK INC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 52
Average target price 337,99 $
Last Close Price 265,86 $
Spread / Highest target 41,1%
Spread / Average Target 27,1%
Spread / Lowest Target -17,2%
EPS Revisions
Managers and Directors
NameTitle
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
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