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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook Inc    FB

FACEBOOK INC

(FB)
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Facebook : Takes Down Network Tied to Conservative Group, Citing Fake Accounts

10/08/2020 | 12:37pm EST

By Dustin Volz

Facebook Inc. said it removed a network of accounts with links to a U.S. conservative political youth group for posing as fake users to praise President Trump and criticize his Democratic rival, Joe Biden.

The social-media giant's move is among a number of steps it has taken in recent weeks to curb misinformation on the platform and one of its most high-profile actions against a domestic political operator.

The company said Thursday it had removed 200 Facebook accounts, 55 Facebook pages and 76 Instagram accounts that were run by Rally Forge, a U.S. marketing firm, for violating rules against "coordinated inauthentic behavior." Rally Forge, which Facebook said was now banned, was working on behalf of two clients, including Turning Point USA, a Phoenix-based conservative youth organization.

Turning Point USA was founded by Charlie Kirk, a prominent conservative activist and staunch Trump supporter who spoke at the Republican National Convention in August.

Write to Dustin Volz at dustin.volz@wsj.com

(END) Dow Jones Newswires

10-08-20 1236ET

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Financials (USD)
Sales 2020 83 587 M - -
Net income 2020 26 870 M - -
Net cash 2020 63 906 M - -
P/E ratio 2020 29,7x
Yield 2020 -
Capitalization 789 B 789 B -
EV / Sales 2020 8,67x
EV / Sales 2021 6,80x
Nbr of Employees 56 653
Free-Float 83,8%
Chart FACEBOOK INC
Duration : Period :
Facebook Inc Technical Analysis Chart | FB | US30303M1027 | MarketScreener
Technical analysis trends FACEBOOK INC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 50
Average target price 315,73 $
Last Close Price 276,92 $
Spread / Highest target 35,4%
Spread / Average Target 14,0%
Spread / Lowest Target -56,7%
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
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