On Thursday, Shares of Facebook Inc (NASDAQ:FB), gained 2.01% to $95.96. The stock attained the volume of 27.56 million shares.
Facebook made 360-degrees videos viewable on the News Feed back in September, but it was apparently no easy feat making it possible. The latest post on its Engineering blog explains the problems they had to deal with, counting the difficulty of stitching footage together without producing distorted images. To prevent making videos look like they came out of a warped nightmare, the engineers created a video filter that uses a common CG method called cube mapping. It works by dividing a frame into six squares to form a cube: the top and bottom 25 percent of the frame are compressed into two images, while the middle part that makes up 50 percent of the frame is divided into four, according to Engadget.
While these 360-degree videos are perfectly viewable without VR glasses, they indicate the arrival of more content on the website optimized for virtual reality. Mark Zuckerberg revealed earlier this year that the companys focusing on VR tech, as he believes its the next major computing and communication platform. Not to mention, FB dropped $2 billion last year to acquire Oculus VR. No doubt hed want the News Feed to be more immersive, especially since the consumer version of Oculus Rift will be available for purchase in Q1 2016. Engadget Reports
The year-to-date (YTD) performance reflected a 22.99% above last year. During the past month the stock gains 2.69%, bringing three-month performance to 1.04% and six-month performance to 18.79%. The stock holds the market capitalization of $270.37 billion.
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.
At the end of Thursday’s trade, Shares of Kinross Gold Corporation (USA) (NYSE:KGC), declined -0.44% to $2.26.
Kinross Gold Corporation (KGC) will release its financial statements and operating results for the third quarter 2015 on Tuesday, November 10, 2015, after market close. A conference call and audio webcast will then be held at 5:30 p.m. ET to talk about the results, followed by a question-and-answer session.
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores.
Finally, Shares of Starbucks Corporation (NASDAQ:SBUX), ended its last trade with 1.48% gain, and closed at $59.69.
Starbucks Corporation (SBUX) plans to release its fourth quarter and fiscal year end 2015 financial results after the market close on Thursday, October 29, 2015, with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast and can be accessed on the company’s website: https://investor.starbucks.com. A replay of the webcast will be accessible on the company’s website until end of day Thursday, November 26, 2015.
Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development.
DISCLAIMER:
This article is published by www.stocksnewswire.com. The content included in this article is just for informational purposes only. Stocksnewswire.com takes sensible consideration to ensure that the data given in this article is up to date and accurate. The news, prices, opinions, research, analysis, and other information published in this article are obtained from sources believed to be reliable.
Neither Stocksnewswire.com nor any of Stocksnewswire.com partners make any representation or guarantee as to the fulfillment or precision of the information contained in this article.
Investors must consult their own additional due diligence with any potential investment or highlighted company before making any decision on behalf of information offered by Stocksnewswire.com.
Information contained in this article may contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long-term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
