Log in
E-mail
Password
Show 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

META PLATFORMS, INC.

(FB)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe BZX - 01/19 08:25:19 am
321.495 USD   +1.05%
07:28aBlinken says Russian attack on Ukraine could come at very short notice
RE
07:13aExclusive-Google to improve enforcement of adult ads policy
RE
06:51aSony stock tumbles on new Microsoft challenge
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Facebook offers remedies to address EU concerns about Kustomer deal

11/26/2021 | 01:46pm EST
FILE PHOTO: A smartphone with Meta logo and a 3D printed Facebook logo is placed on a laptop keyboard in this illustration

BRUSSELS (Reuters) - Facebook has offered remedies in a bid to secure EU antitrust approval for its acquisition of U.S. customer service startup Kustomer, a European Commission filing showed.

Facebook, now Meta Platforms, submitted its package on Wednesday.

The EU competition enforcer, which did not provide details of the remedies in line with its policy, extended its decision deadline to Jan. 28. It is expected to seek feedback from rivals and customers before deciding whether to accept the offer or demand more.

The Commission has previously said the deal may hurt competition and reinforce the U.S. social media company's power in online advertising.

Facebook has won unconditional clearance from regulators in the UK and Australia for the deal.

(Reporting by Foo Yun Chee; Editing by Kirsten Donovan)


ę Reuters 2021
All news about META PLATFORMS, INC.
07:28aBlinken says Russian attack on Ukraine could come at very short notice
RE
07:13aExclusive-Google to improve enforcement of adult ads policy
RE
06:51aSony stock tumbles on new Microsoft challenge
RE
06:07aNORTH AMERICAN MORNING BRIEFING : Stock Futures Waver as Bond Yields Rise
DJ
03:21aAnalysis-Sony faces deep-pocketed rivals in war over future of gaming
RE
12:40aEMEA MORNING BRIEFING : Shares to Tumble Again as -2-
DJ
01/18Sony slides on 'monumental challenge' from Microsoft gaming deal
RE
01/18Hong Kong democracy activist Edward Leung released from prison
RE
01/18Video platform Rumble acquires stake in payment processor Parallel Economy
RE
01/18Microsoft's Activision Buyout a Major Bet on Consumer; Will Jumpstart Gaming Endeavors,..
MT
More news
Analyst Recommendations on META PLATFORMS, INC.
More recommendations
Financials (USD)
Sales 2021 118 B - -
Net income 2021 39 933 M - -
Net cash 2021 65 033 M - -
P/E ratio 2021 22,8x
Yield 2021 -
Capitalization 885 B 885 B -
EV / Sales 2021 6,97x
EV / Sales 2022 5,80x
Nbr of Employees 68 177
Free-Float 84,5%
Chart META PLATFORMS, INC.
Duration : Period :
Meta Platforms, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends META PLATFORMS, INC.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 52
Last Close Price 318,15 $
Average target price 403,21 $
Spread / Average Target 26,7%
EPS Revisions
Managers and Directors
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer & VP-Engineering
Atish Banerjea Chief Information Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
Sector and Competitors
1st jan.Capi. (M$)
META PLATFORMS, INC.-5.41%885 017
KUAISHOU TECHNOLOGY18.74%46 634
MATCH GROUP, INC.-12.39%32 801
TWITTER, INC.-13.70%29 770
BUMBLE INC.-9.18%3 974
NEW WORK SE-2.76%1 347