Facebook authorizes a $6B stock buyback

{rss:content:encoded} Facebook authorizes a $6B stock buyback http://ift.tt/2g56ECR http://ift.tt/2grMlTW November 18, 2016 at 10:47PM  Facebook today said it is authorizing a $6 billion stock buyback that will go into effect in the first quarter next year. Facebook in its last earnings call also said that its growth would likely slow as a result of the company reaching its maximum advertising load. While Facebook has historically grown at a very fast clip, the company is now in a position that it needs to find additional… Read More