Daily Archives: July 24, 2019





Facebook’s investors were not fazed by the announcement of a $5 billion FTC fine after baking it into share price expectations, but Facebook’s admission that it was now under investigation by the FTC over antitrust issues was a surprise. Facebook detailed in its Q2 earnings release that it has paid the record fine and agreed […]

Facebook says it’s under antitrust investigation by the FTC


Hours after receiving a record $5 billion FTC fine on privacy violations, Facebook delivered a Q2 earnings beat with revenue of $16.9 billion with $1.99 adjusted EPS compared to the Zacks Consensus Estimate of $1.90 EPS on revenue of $16.45 billion. Facebook reported it has 1.59 billion DAUs and 2.1 billion daily active users of […]

Following record FTC fine, Facebook stock pops on Q2 earnings ...



Hours after receiving a record $5 billion FTC fine on privacy violations, Facebook delivered a Q2 earnings beat with revenue of $16.9 billion with $1.99 adjusted EPS compared to the Zacks Consensus Estimate of $1.90 EPS on revenue of $16.45 billion. Facebook reported it has 1.59 billion DAUs and 2.1 billion daily active users of […]

Following record FTC fine, Facebook stock pops on Q2 earnings ...




The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook settles with FTC: $5 billion and new privacy guarantees Although in line with what was reported before the official announcement, […]

Daily Crunch: Facebook will pay $5B fine


The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook settles with FTC: $5 billion and new privacy guarantees Although in line with what was reported before the official announcement, […]

Daily Crunch: Facebook will pay $5B fine




At a conference in New Delhi early last year, Netflix CEO Reed Hastings was confronted with a question that his company has been asked many times over the years. Would he consider lowering the subscription cost in India? It’s a tactic that most Silicon Valley companies have adapted to in the country over the years. […]

What lower Netflix pricing tells us about competing in India