Your email has been successfully added to our mailing list.

×
0.000571081843166535 0.000981546917942597 0.000142770460791532 0.000820930149552123 0.00299817967662482 0.000356926151979034 0.00117785630153116 0.00193097048220722
Stock impact report

How Facebook's Africa expansion could help foster new hubs like Nigeria's 'Silicon Valley' [CNN]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: CNN
How Facebook's Africa expansion could help foster new hubs like Nigeria's 'Silicon Valley' Now, four years later, the social media giant recently announced that the first Facebook office will open in the second quarter of 2021 in Lagos, further solidifying the area's reputation as "Nigeria's Silicon Valley." Facebook also unveiled more details on its expansion plans to tap into Africa's 1.2-billion-person market, including new tech hubs for startup development and the construction of 37,000 kilometers of underwater internet cable , which will encircle the entire continent. CNN's Eleni Giokos spoke with Facebook's regional director for Africa, Nunu Ntshingila, to break down how the company has been fostering a growing audience and what the expectations are for the platform on the African continent. This interview has been edited and condensed for clarity. Eleni Giokos: The pandemic has certainly taught us that we don't necessarily need to be at the office physically every day. Has F Show less Read more
Impact Snapshot
Event Time:
FB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for FB alerts
Opt-in for
FB alerts

from News Quantified
Opt-in for
FB alerts

from News Quantified