On Friday, Shares of Facebook, Inc. (NASDAQ:FB), lost -1.26% to $94.01.
Facebook Inc. has dropped -3.03% in the last five trading days, however, the shares have posted positive gains of 8.17% in the last 4 weeks. The social giant is up 19.02% in the last 3-month period. Year-to-Date the stock performance stands at 18.67%.
Facebook, has revealed its first complete-scale drone, which it devised to utilize to supply internet access in remote parts of the world.
The League Leader of social media has given it a Code-named “Aquila”, the solar-powered drone will be capable to fly without landing for three months at a time, using a laser to beam data to a base station on the ground.
“Aquila”, is the Latin and Romance languages word for eagle.
Aquila is Facebook’s first full-scale and unmanned, high-altitude solar-powered drone. The company will test it in the near future to ensure that it works. Aquila’s launch will mark Facebook’s Connectivity Lab’s continuous efforts to boost Internet access and speed to areas of the world that lack Internet service or good Internet service.
Facebook desires that the drone be used in the remote areas worldwide where internet access is limited and the people of those areas can avail the basic online services.
However, the policy of internet.org has been criticized for just delivering the access to a limited selection of sites that counts the BBC, Wikipedia, Facebook and tens of region-specific services.
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD), declined -0.29% to $119.55, during its last trading session, after the company stated lower-than-predictable top and bottom lines for its fiscal 2015 second quarter.
For the recent quarter, the brewing company stated earnings of $1.21 per share on revenue of $11.05 billion. Earnings are the net benefits of a corporation’s operation. Earnings is also the amount on which corporate tax is due. For an analysis of specific aspects of corporate operations several more specific terms are used as EBIT — earnings before interest and taxes, EBITDA - earnings before interest, taxes, depreciation, and amortization.
Analysts had forecast the company to report earnings of $1.35 per share on revenue of $11.57 billion.
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of about 200 beer brands, which comprises Budweiser, Corona, Stella Artois, Becks, Leffe, Hoegaarden, Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass, and Jupiler. Anheuser-Busch InBev SA/NV was founded in 1366 and is headquartered in Leuven, Belgium.
Finally, Comcast Corporation (NASDAQ:CMCSA), ended its last trade with 0.08% gain, and closed at $62.41.
Taylor Swift’s The 1989 World Tour is coming to Levi’s Stadium on August 14-15 and as lead sponsor, Comcast is offering local fans an unprecedented experience, from couch to concert. At the show, attendees can visit the “Xfinity Zone” and at home, fans have access to an unprecedented On Demand library of content featuring the seven-time GRAMMY winner.
“Taylor Swift is a global superstar and her fans have an unrivaled passion for everything she touches,” said Todd Arata, VP, Brand Marketing, Comcast Cable. “And now, Xfinity and Taylor Swift are coming together to bring Taylor fans an experience they can’t get anywhere else.”
At each U.S. concert venue, Xfinity will host a backstage lounge called “Loft ’89,” where select Xfinity customers and concertgoers will have an opportunity to go on backstage tours and attend a meet-and-greet with Taylor. At select tour locations, the brand will also create an “Xfinity Zone,” where concertgoers will have an opportunity to experience the best of Xfinity, counting the X1 Entertainment Operating System and the new Voice Remote. Visitors can also have fun with a photo booth that enables fans’ photos to be super-imposed onto backgrounds featuring the singer.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.
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