Facebook Privacy Report

facebook privacy

Facebook (FB) has recently published its ‘Global Government Requests Report’, wherein the company addresses information requests from the US and other world governments. The report showed that nearly half of the 25,000 requests came from the US Govt., in relation to crimes like kidnapping and robberies. The US government requests were at least 4x times more than the request placed by any other country.

On a negative note, the bears came calling on the street yesterday. Facebook was amongst the top decliners with a decline of 4.11% to $39.64. Insiders Sheryl Sandberg offloaded Facebook shares worth $6.8 million, and David Ebersman worth $8 million, capitalizing on Facebook’s new peaks. Other prominent tech stocks like Apple (AAPL), Netflix (NFLX), Google (GOOGL), etc. also took a dip joining hands with a broader market decline.

View our FB stock analysis.

Facebook stock price chart

FB stock chart
Source: Facebook stock chart by Amigobulls

Other stock market news:

♦ Netflix: Pushing ‘cable TV’ over the edge

Qihoo 360 Technology Ltd announces $550 million offering of Convertible Notes

♦ Expedia’s strategic move

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Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice. Buying and selling of securities carries the risk of monetary losses. Readers/Viewers are advised to carry out their own due diligence and consult their investment advisors before making any investment decisions. Neither Amigobulls, nor the author have any business relationship with any of the companies covered in this post.

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Comments on this article and FB stock

WW Evans
Wow. So Facebook has also started publishing these reports like Google does. Believe this is the first privacy report from FB!!!
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