Alisher Usmannov, the Uzbekistan born Russian billionaire who also happens to be one of the biggest shareholders in Facebook Inc. (NASDAQ: FB), believes that social networking giant’s true potential “has not been understood” by investors—surprisingly not even by the Company itself. [...]
Although Facebook Inc.’s (NASDAQ: FB) user base is currently equivalent to seventh of world’s entire population, the social networking giant is not content as it looks to expand in untapped regions , more particularly in the Middle-East and Northern Africa region (MENA). [...]
In order to seek benefit from changing legal landscape in the U.S, beleaguered social gaming company, Zynga Inc. (NASDAQ: ZNGA) took its first official step towards entering real-money gambling games business by filling paperwork in Nevada on Thursday. [...]
Shares of online social gaming service provider, Zynga Inc. (NASDAQ: ZNGA) plunged 12.60 percent in aftermarket hours on Thursday after the troubled company said in its regulatory filing that its two year-old contract with Facebook (NASDAQ: FB) was revised; as a result, hereafter, rules applicable to other game developers will also apply to Zynga. [...]
The board of directors of daily deals site Groupon Inc. (NASDAQ: GRPN) is expected to hold a meeting on Thursday and discuss whether the company should looking out for a new CEO. [...]
Weibo, a microblogging platform of China’s largest internet media company, Sina Corp. (NASDAQ: SINA) is contemplating to introduce “service platform provider”, a third party microblog marketing service provider, according to a report released by Marbridge Consulting. [...]
It seems that departures and appointments of top executives has become a routine affair at Zynga Inc. (NASDAQ: ZNGA). Indeed, on Tuesday, the social gaming company announced that it has appointed Tim LeTourneau as its new Chief Creative Officer. LeTourneau will fill the position which was left vacant by Mike Verdu, who left Zynga in [...]
Shares of daily deals site Groupon Inc. (NASDAQ: GRPN) rallied in trading today after New York City-based hedge fund Tiger Global Management LLC disclosed in a filing that it acquired a 9.9% stake in the Chicago-based company. [...]
Shares of Penn National Gaming Inc. (NASDAQ: PENN), a diversified owner and manager of gaming and pari-mutuel properties, soared in trading today. PENN shares ended the day 28.24% higher at $48.23 on above average volume of 10.59 million. The stock hit a 52-week high of $50.50 in trading today. [...]
Shares of daily deals site, Groupon Inc. (NASDAQ: GRPN) slumped over 17 percent in premarket trading on Friday after it announced slower growth rate in the fiscal-third quarter mainly due to lackluster performance in the European market. [...] |
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