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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook Inc    FB

FACEBOOK INC

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Facebook : Washington state seeks $100,000 from Twitter for campaign finance violations

10/13/2020 | 09:18am EST

Oct 13 (Reuters) - Twitter Inc will pay $100,000 for failing to meet Washington state's disclosure laws over payments related to multiple political ads that were posted on its platform since 2012, the state's attorney general said on Tuesday.

The company failed to maintain the required records for at least 38 Washington candidates and committees that reported paying $194,550 for political advertising on Twitter, the attorney general's office said, citing a judgment filed at King County Superior Court.

"We ended all political advertising in November 2019 in line with our belief that the reach of political speech should be earned and not bought," a Twitter spokesperson said.

"This resolution is reflective of our commitment to transparency and accountability."

(Reporting by Tiyashi Datta in Bengaluru; Editing by Krishna Chandra Eluri and Anil D'Silva)


© Reuters 2020
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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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