Facebook shares down 22%
3 February 2022
Meta Platforms report and shares Shares in Meta Platforms (FB), formerly Facebook, which has lost 10% in the past six months, fell 22.9% in after-hours trading on Wednesday after the social media giant released a disappointing 20...
Facebook reports record revenues
29 July 2021
Facebook's earnings Facebook reported record revenue growth in the second quarter. However, Facebook shares fell after the company's chief financial officer warned that it expected a "significan...
Facebook will pay out 550 million to Illinois residents
1 March 2021
Breaking state law Facebook has agreed to pay $550 million to settle a class action lawsuit filed by Illinois residents, the New York Times reports. Each of the 1.6 million people who filed a complai...
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