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Baidu’s Q4 Revenue Growth outpaced By Expenses, Shares Slump in Afterhours (BIDU)

Chinese search engine giant, Baidu.com Inc (ADR) (NASDAQ: BIDU) reported late on Monday that fiscal fourth-quarter profit jumped 36% thanks to double-digit revenue growth; nonetheless, shares slumped nearly 6% in aftermarket trading as the Wall Street analysts were unimpressed by rising company’s costs even as doubts linger on whether the Company would be able to [...]

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Facebook’s Q4 Results Beat Street Estimates, Shares Tumble Amid Concerns over Rising Expenses (FB)

Social network Facebook Inc. (NASDAQ: FB) after-market close on Wednesday reported better-than-expected fourth-quarter results. However, shares tumbled in pre-market trading as investors were spooked by a sharp rise in expenses compared to the same period in the previous year.

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Facebook Shares Gain on Rating Upgrade from Raymond James; All Eyes on Q4 Results (FB)

Shares of social networking giant Facebook Inc. (NASDAQ: FB) have risen sharply in trading today following a rating upgrade from Raymond James.

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Groupon Launches Analytics Tool for Merchants (GRPN)

In an effort to provide comprehensive analytics on sales and customers, daily deal site Groupon Inc. (NASDAQ: GRPN), launched a new tool on Wednesday, dubbed as Merchant Impact Report. Nonetheless, the latest development failed to lift shareholders’ faith on the beleaguered company. Shares slumped 3.82% on Wednesday.

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Facebook Unveils Its Third “Pillar”—Graph Search (FB)

For eight years social networking giant Facebook Inc. (NASDAQ: FB) enabled its users to share information, photos, status updates with their friends. As the number of users grew during the course of time, so did the data. Now, having vast pool of data, Facebook has come up with new tool, the Graph Search, which will [...]

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LinkedIn Hit 200 Million Members Mark (LNKD)

Professional networking site, LinkedIn Corporation (NYSE: LNDK) reported on Wednesday that it now has 200 million registered users worldwide (200 countries and territories), underscoring Company’s consistently growing user base even as number of other social websites grapple with slowing growth.

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Facebook’s Revenue from Mobile Ad Spends Reach 20% (FB)

According to digital marketing technology firm, Kenshoo, Facebook Inc. (NASDAQ: FB) is making significant progress in improving its mobile advertising business.

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Zynga Pulls Out 11 Games to Slash Costs (ZNGA)

In a move to cut costs, Mark Pincus, Chief Executive of beleaguered Company Zynga Inc. (NASDAQ: ZNGA) announced in November that the social gaming company will be shuttering out-of-favor games.

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Sina’s CEO Unveils 2013 Strategy Through a Company-Wide Email (SINA)

Addressing staff through a company-wide email, Charles Chao, Chief Executive of China’s internet-media giant, Sina Corp. (NASDAQ: SINA) charted out company’s strategy for 2013. Chao said that the company’s strategy will revolve around restructuring its business which would allow it to focus on mobile-computing business or “mobile-first” as described by the CEO.

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Zynga to Shut Down Operations in Japan (ZNGA)

Beleaguered company, Zynga Inc., (NASDAQ: ZNGA) whose shares have been hammered in 2012 due to slowing sales-growth and company’s slow transformation towards mobile computing amid mass departure of some high-profile executives, confirmed on Monday that it will be closing down its operations in Japan.

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