Facebook’s campus in California was evacuated for bomb threat

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Facebook’s campus in California was evacuated yesterday after hints of bomb placed inside. The local police acted briskly and searched for the bomb inside the headquarters but couldn’t manage to find one.

The threats were reported at 7 p.m. The BDS locked the place and investigated the place but nothing was found. After thorough search and probe, the HQ was announced to be secure and Facebook staff was permitted to leave the place.

The social media network employs over 6,000 workers at its headquarters. The local police have started its investigation to reach the source of the threat.

On the other hand, the media behemoth is marching swiftly towards new heights. As per the new analysis from Wall Street, the firm has seen a surge of almost 28 percent in its shares in 2014. This increase is nearly 1 percent surplus when compared to the S&P 500 Index.

The latest jump in market shares has won the hearts of some 38 analysts which has given their approval of a purchase rating. According to the Bloomberg figures, Facebook shares are above par the share-price forecast 16 analysts have projected.

Facebook’s projected share price was $72.92 on an annual basis. This price is merely a single percent high than the firm’s present $70.10 trading price. As the stocks are improving in a faster speed as projected, the share prices anticipated by the analysts might also see a boost in this ongoing year.

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