- Facebook's F8 developer conference is Tuesday, and investors will be looking out for several key developments.
- The billionaire co-founder of Facebook's What's App quit over disagreements he had with Facebook over privacy and security.
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Facebook is seesawing ahead of its developer conference (FB)
What's App's founder quit Monday. Facebook is up. See what's next for Facebook Tuesday.
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Facebook shares are seesawing, up currently about 0.1% Tuesday, as traders ready for the social-media giant's developer's conference. The conference, which kicks off at 1 p.m. ET Tuesday, is an opportunity for investors to get a sense of what the company is doing to advance its services and improve its technology.
At the conference, investors will be looking out for the release of virtual-reality headset Oculus Go, updates on mobile gaming, and any new developments regarding its Messenger platform.
On Monday, Jan Loum, the co-founder of What'sApp, which Facebook bought over four years ago for over $19 billion, left the company over privacy and security concerns.
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Facebook is down 5.15% on the year.
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