FB: Facebook (FB) is working on an app that lets...

6:14 PM Facebook (FB) is working on an app that lets users track the locations of "friends" who also use the app, Bloomberg reports. Google and Apple offer similar apps (Latitude and Find My Friends), but Facebook's social networking clout could make it better-positioned to gain critical mass. Meanwhile, Hillside's Rory Maher (formerly of Capstone) has launched coverage with a Buy: he estimates ads account for only 1.1% of news feed posts, and that this number could grow considerably without alienating users. (earlier) Read comments

FB price at time of publication: $28.11. Check FB price now »

Focus Articles on FB

• Another Iffy Quarter For Facebook When It Needed A Win by Insider Monkey
• Facebook Is A Mobile Company, But It Still Trades Below Syndicate by Valuentum
• Facebook: Revenue Went Up, But So Did Expenses by Jacob Steinberg

Press Releases on FB

• Facebook Reports Fourth Quarter and Full Year 2012 Results (PR Newswire)
• Facebook to Announce Fourth Quarter and Fiscal 2012 Results (PR Newswire)
• Facebook Reports Third Quarter 2012 Results (PR Newswire)

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StockTalk on FB: FB StockTalk | Twitter FB | Twitter $FB | FB Instablogs

Recent Market Alerts on FB: All currents | Earnings | Dividends | M&A | On the move

Transcripts on FB

• Facebook's CEO Discusses Q4 2012 Results - Earnings Call Transcript
• Facebook's CEO Discusses Q3 2012 Earnings Results - Earnings Call Transcript
• Facebook Management Discusses Q2 2012 Results - Earnings Call Transcript

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