Daily deal site, Groupon Inc. (NASDAQ: GRPN) shares were upgraded to “buy” from “hold” by Deutsche Bank on Friday. The Bank also raised its price target on GRPN to $10 from $6.
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Social networking giant, Facebook Inc. (NASDAQ: FB) held its first annual general meeting on Tuesday; and as expected its CEO Mark Zuckerberg had to face investors’ wrath. Most Facebook shareholders are not happy with the Stock’s disappointing performance thus far. [...]
Salesforce.com Inc. (NYSE: CRM) announced on Tuesday that it has agreed to purchase marketing software maker ExactTarget Inc. (NYSE: ET) in a cash deal valued at $2.5 billion. [...]
Social game maker, Zynga Inc. (NASDAQ: ZNGA) announced on Monday that it will slash another 520 jobs or about 18% of its total workforce as the embattled company looks to cut costs and bring a strategic shift by focusing more on mobile games. [...]
Social game maker, Zynga Inc. (NASDAQ: ZNGA), which is reeling under pressure due to shrinking active users’ base and flagging revenue amid rising competition, is focusing on ‘midcore’ combative games, in order to increase its mobile time share. [...]
Last month, Pew Research Center’s study showed that the teenagers’ interest on Facebook Inc. (NASDAQ: FB) was fading. The research report said that teen Facebook users were sick of Friends posting “insane” details on their Walls, all the “drama” and unease over maintaining their image on the social networking platform. [...]
In what would be a largest ever fine levied on the U.S. Stock Exchange, NASDAQ’s parent company, NASDAQ OMX Group Inc. (NASDAQ: NDAQ) has been asked to pay $10 million by the Securities and Exchange Commission (SEC) for a botched IPO of social networking giant Facebook (NASDAQ: FB). [...]
For the young generation, Facebook (NASDAQ: FB) isn’t cool thing anymore. Indeed! According to a recent study conducted by the Pew Research Center, teens are showing “waning enthusiasm” for the social networking site, reported All Things Digital, a technology blog on Tuesday. [...]
Jana Partners, one of the leading activist hedge funds, managed by Barry Rosenstein, revealed on Wednesday that it holds stake in Groupon Inc. (NASDAQ: GRPN) and Zynga Inc. (NASDAQ: ZNGA). [...]
AT&T Inc.’s (NYSE: T) HTC First, dubbed as the Facebook Phone, was the first smartphone which included Facebook Home, an app as well as operating system, preinstalled. [...] |
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