aqigbhvj

Why has the Facebook share price dipped recently?

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. The Facebook (NASDAQ:FB) share price tumbled by almost 10% recently following the announcement of changes to WhatsApp’s privacy policy.The controversial changes have sparked a mass exodus of users to rival platforms. Let’s take a closer look.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…What’s up with WhatsApp?The messaging app is renowned for providing a secure and private service through end-to-end encryption. However, this security is now coming into question. A recent update for WhatsApp announced that users outside the EU will share their data with the Facebook platform.User response was pretty clear. Almost 25m new users joined a rival messing app — Telegram — within 24 hours of the announcement. It’s unclear how many of these new users came from WhatsApp. But, it has subsequently seen a 17% decline in user downloads during the same week.Should investors be worried about the Facebook share price?Facebook originally acquired WhatsApp for $19bn in 2014. To this day, it has struggled to justify the high price paid. Despite efforts, monetising WhatsApp through advertisements has proven difficult. Instead, the company has introduced a business variant of the application that provides unique features that companies pay for.The stock doesn’t report how much revenue it makes by its separate platforms (Facebook, WhatsApp, and Instagram). As a result it’s difficult to judge just how successful this approach has been.Analysts at Forbes have estimated that WhatsApp is generating approximately $4 of annual revenue per user. Assuming that all 25m new Telegram users came from WhatsApp, this would indicate a revenue loss of around $100m.Sounds like a lot until it’s compared against Facebook’s forecasted total revenue of $84bn for 2020. In other words, a potential revenue decline of -0.11%.Therefore, if I were a shareholder, I wouldn’t be concerned with the latest Facebook share price movements.What is the real threat to Facebook’s business?The decline in WhatsApp users doesn’t pose a severe financial threat in my eyes. However, there is no denying that Facebook’s reputation for handling user data is hardly pristine. And in my opinion, reputational damage is the real danger.In 2018, CEO Mark Zuckerberg testified before the US Congress after discovering that the research firm, Cambridge Analytica, gained access to millions of Facebook users’ personal data through shady applications.Since then, talks of regulation have continued to rise in popularity as trust between the general public and Facebook has begun to wither. And as recent events have shown, when users lose trust, they switch to a competitor’s platforms. If this user loss spreads to Facebook’s other platforms, then there could be serious trouble ahead.Nearly 99% of Facebook’s revenue comes from selling advertisements. And as an advertising platform, Facebook’s value is diminished with each lost user. In the end, if Facebook can’t provide advertisers with a wide audience, they will simply spend their budgets elsewhere. I think this could have serious long-term consequences for the Facebook share price. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Zaven Boyrazian | Tuesday, 19th January, 2021 | More on: FB Image source: Getty Images. While Facebook’s future is getting questioned, there are other opportunities out there that are far more interesting to me. For example: See all posts by Zaven Boyrazian Enter Your Email Address Why has the Facebook share price dipped recently? Zaven Boyrazian does not own shares in Facebook. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Facebook. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img read more

vqvgmktm

Cricket News Sanath Jayasuriya’s death rumour floats around social media; find out true story here

first_imghighlights For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi : The unverified reports of the former Sri Lankan cricketer Sanath Jayasuriya left the cricketing fraternity around the world in places. It found a lot of steam on social media and apparantely on other messaging platforms and suddenly even the former cricketers weren’t sure what was happening. The likes of Ravichandran Ashwin even got onto Twitter seeking clarification whether there was any truth in those reports.As it turns out the news was indeed fake and Sanath himself has put out a statement rubbishing the rumours. The reports had claimed that the cricketer was in Toronto, Canada on May 20 and met with an accident there. ‘A man was hit by a Honda Civic car died in the hospital and they had identified him as Sanath Jayasuriya,’ it stated.‘He was severely injured when taken to the hospital and while being treated for it passed away the next morning. It further went on to say that the same was confirmed by the Sri Lankan Embassy in Canada, in fact, also mentioned that the Embassy was aware of Jayasuriya’s visit to Toronto,’ the fake news mentioned. As soon as the horrifying news hit the ears of his familyand friends it came to his notice and the cricketer clarified the same. He said, “Please disregard fake news by malicious websites regarding my health and well being. I am in Srilanka and have not visited Canada recently. Please avoid sharing fake news.”In a statement, the former Sri Lankan cricketer and administrator further mentioned that it was a hoax and requested people to not share it since it was causing them a lot of distress.“Since last night, there has been fake news of me being hurt in a car accident. The hoax has my family & friends deeply disturbed. Please ignore any such news,” he said. Sanath Jayasuriya has played over 440 One-Day Internationals for Sri Lanka. Jayasuriya has also captained Sri Lanka. Jayasuriya last played International cricket in 2011. last_img read more

wwbilozv

The Latest: Evian Championship canceled because of virus

first_img June 9, 2020 Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___The Evian Championship women’s major golf tournament has been canceled because of the coronavirus outbreak. Associated Press The Latest: Evian Championship canceled because of virus ___The mayor of Madrid says there are discussions for the Spanish capital to host the Champions League final this season amid the coronavirus pandemic.José Luis Martínez-Almeida says the city would be prepared to host the final for the second straight year. He did not elaborate on the negotiations in his interview with 13tv.A UEFA executive committee meeting on June 17 is expected to decide the new location for the final in August. It was originally scheduled to be played in Istanbul in May.The country hosting the final is also expected to stage the quarterfinals and semifinals.center_img ___The Wales Rally GB has become the latest race in the world rally championship to be called off because of the coronavirus pandemic.The rally was scheduled for Oct. 29-Nov. 1. It was to be the penultimate event of the season.It’s the seventh WRC race to be postponed or canceled.Organizers say the uncertainty over large gatherings and international travel prompted the decision to cancel the Wales Rally GB for the first time since 1967. The event in France had already been postponed from July to Aug. 6-9.Organizers say they cannot overcome “uncertainty concerning the opening of borders” with Asia and the United States.Tournament chairman Franck Riboud says the cancellation is “unavoidable in view of the situation with regards to U.S. travel to continental Europe.”The Women’s British Open is still set for Aug. 20-23 in Troon, Scotland.The three majors played in the United States have been rescheduled for later in the year. German city Frankfurt and Portuguese capital Lisbon are also likely contenders to host the final.Spain was hard-hit by the pandemic but has been gradually lifting confinement restrictions.Madrid hosted last year’s final when Liverpool beat Tottenham.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sportslast_img read more