Is Facebook Inc (NASDAQ:FB) Active In Iran?

Posted by Beth Hart October 8, 2013 0 Comment 1030 views


A few weeks ago, there was news about how top government officials in Iran are active Facebook Inc (NASDAQ:FB) and Twitter users but that these social networking sites are blocked for the general public. The Telecommunications and IT minister in Iran, Mahmoud Vaezi is said to have stated that the ban that had been imposed on the social-networking sites will remain unchanged.

Backtracking

Within hours, he went ahead and denied that such remarks had been made by him and said that the government is still studying the issue. Hasan Rouhani, the President uses Twitter while Javad Zarif, the Foreign Minister has a Facebook and a Twitter account. Ayatollah Ali Khamenei, a top leader in Iran has a Facebook and a Twitter page. The page seems on the level though the leader himself is not a tweeter.

As a via media, a large number of Iranians use proxies to gain access to social networking sites. In September, this ban had actually been lifted for a few hours and officials said that a glitch in the system had led to this temporary situation. Despite all of this, a number of users in the country post notes thanking Rouhani for allowing them access to these sites.

Monday’s trading session

In Monday’s trading, Apple Inc (NASDAQ:AAPL) dropped by 1.03%. The opening price of the shares was $50.73, which climbed to an intraday high of $51.29 and dipped to a close of $50.51. Approximately 57.20 million shares were traded on Monday while an average volume of 77.94 million shares were traded over a 30 day period. The 52-week low of Apple Inc (NASDAQ:AAPL) shares is $18.80 and its 52-week high is $51.60. The company has a market capitalization of $123.02 billion.

About the company

Facebook Inc (NASDAQ:FB) is involved in building numerous products that create utility for the users, developers, as well as advertisers with the company.



About Beth Hart

Beth is from New York. She has two master’s degrees and served as a lecturer in B-School. Her master’s degree is an MBA in Global Management from the University of Phoenix (2010). She has worked for small businesses, public agencies, and large corporations. She does write articles as a freelancer.

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