Ticker FB

Today's data summary

Market closed
% change
Price US dollars
As of 07:15 25 May 2019
Market cap. US dollars
435,170.05 million
As of 07:15 25 May 2019

Latest updates

Facebook culls another three billion profiles

Facebook logos

More from Facebook - the social media giant said it removed more than three billion fake accounts over a six month period.

That was a record for the firm, outlined in its latest "enforcement report" which details how many posts and accounts it took action on between October 2018 and March 2019.

More than seven million "hate speech" posts were removed, also a record high.

Facebook plans to launch crypto-currency

A photo of Mark Zuckerberg on a smartphone screen

Facebook is finalising plans to launch its own crypto-currency next year.

The social media giant plans to set up a digital payments system in about a dozen countries by the first quarter of 2020.

It wants to start testing the crypto-currency, which has been referred to internally as GlobalCoin, by the end of this year.

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