David Wehner

8 results

Gareth Lambe, head of office for Facebook in Ireland: “It’s a great signal of our intent and commitment to Ireland.” Photograph: Dara Mac Dónaill

Social media giant Facebook has agreed terms to lease the high-profile 14-acre Bankcentre campus in Ballsbridge, which will allow it to add 5,000 staf(...)

Twitter revealed a significant decline in user numbers – down a million from the previous quarter – and said it expected user numbers to fall further.  Photograph:  AFP/ Emmanuel Dunand/Getty Images

Are the world’s biggest social media companies in meltdown? Probably not. But when both Facebook and Twitter see their shares swiftly punished by an (...)

Facebook has been battling controversies involving data privacy and its  use by Russians to influence the 2016 US election. Photograph: Yui Mok/PA

As much as $120 billion (€103 billion) was wiped off the value of Facebook on Thursday in the biggest one-day sell-off of a listed company in US stock(...)

While politicians and the press have fallen out of love with Facebook, investors have been bidding it up. Photograph: Karen Bleier/AFP/Getty Images

Even after politicians turned on Facebook this year, investors could take comfort from resilient revenues and strong profit margins. Now they have to(...)

More than $120 billion in market value was wiped off the company’s shares, the most in its history as a public company, marking the largest ever loss of valuation in one day for a US traded company. Photograph: Getty Images

Shares in social media behemoth Facebook opened more than 18 per cent lower after the company issued disappointing results after the closing bell on W(...)

The plummeting stock price wiped out as much as $150 billion in market capitalisation a

Facebook’s shares lost as much as a quarter of their value on Wednesday after executives said that profit margins would plummet for several years due(...)

Facebook said it would continue requiring people to accept targeted ads as a condition of using its service, a stance that may help keep its business (...)

Facebook, who employ about 1,000 people in Ireland, is one of the biggest beneficiaries as advertisers move money away from TV to the Internet and mobile platforms.   Photograph: Dado Ruvic/Reuters

Facebook Inc’s quarterly profit and revenue blew past Wall Street estimates as the company’s hugely popular mobile app and a push into video attracted(...)