LinkedIn must face a lawsuit claiming the company violated customers’ privacy rights for marketing purposes by accessing their external email accounts and downloading their contacts’ addresses. The lawsuits against LinkedIn and Google, as well as one before Koh against Yahoo! Inc. (NASDAQ:YHOO), have raised novel questions about how wiretap laws enacted before the Internet apply to the companies’ use of troves of data generated when people send emails and surf online. Yahoo! Inc. (NASDAQ:YHOO) stock performance was 0.44% in last session and finished the day at $36.94. Traded volume was 12.93million shares in the last session and the average volume of the stock remained 21.97million shares. The beta of the stock remained 1.01. Yahoo! Inc. (NASDAQ:YHOO) insider ownership is 0.50%.
NetZero Wireless, Inc., a subsidiary of United Online, Inc. (NASDAQ:UNTD), today announced that NetZero(R) Mobile and Home Wireless Broadband products and services are now available in up to 1,500 wireless retail locations in Texas, California and Florida. Previously, NetZero Mobile and Home Wireless Broadband could only be purchased via the company’s www.netzero.com website or by phone at 1-800-NETZERO. United Online, Inc. (NASDAQ:UNTD) dropped -0.79 percent to $10.01 Friday on volume of 227,701.00million shares. The intra-day range of the stock was $9.85 to $10.20. United Online, Inc. (NASDAQ:UNTD) has a market capitalization of $141.63million.
Tybourne Capital Management, led by Eashwar Krishnan initiated a position in SINA Corp (NASDAQ:SINA), in the first quarter and now holds 335,500 shares worth $20.27 million. Kerr Neilson’s Platinum Asset Management raised its stake in the same quarter by 4% to 4.36 million shares, with a reported value of $263.23 million. SINA Corp (NASDAQ:SINA)’s stock on June 13, 2014 reported a decrease of -1.13% to the closing price of $45.36. Its fifty two weeks range is $42.40 -$92.83. The total market capitalization recorded $2.99billion. The overall volume in the last trading session was 1.71million shares. In its share capital, SINA has 66.02million outstanding shares.
Trulia Inc (NASDAQ:TRLA) Director Sami Inkinen sold 35,800 shares of the company stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $40.98, for a total value of $1,467,084.00. Following the sale, the director now directly owns 670,552 shares of the company’s stock, valued at approximately $27,479,221. On Friday, shares of Trulia Inc (NYSE:TRLA) advanced 2.89% to close the day at $42.40. Company return on investment (ROI) is -2.70% and its monthly performance is recorded as 37.53%. Trulia Inc (NYSE:TRLA) quarterly revenue growth is 36.82%.
YY Inc (ADR) (NASDAQ:YY) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 5,834,290 shares, a growth of 34.7% from the April 30th total of 4,330,481 shares, American Banking & Market News reports. Based on an average daily volume of 3,603,927 shares, the short-interest ratio is presently 1.6 days. Currently, 17.4% of the company’s shares are sold short. YY Inc (ADR) (NASDAQ:YY) stock performance was 0.35% in last session and finished the day at $69.76. Traded volume was 1.24million shares in the last session and the average volume of the stock remained 2.65million shares. YY Inc (ADR) (NASDAQ:YY) insider ownership is 39.51%.