Snapchat received a US$3 billion (RM9.7 billion) buyout offer from Facebook Inc (NASDAQ:FB) late last year, which it rejected. Facebook Inc (NASDAQ:FB) later acquired mobile messaging app Whatsapp for US$19 billion, its largest acquisition ever.Facebook Inc (NASDAQ:FB) stock finished the day at $5983. Traded volume was 1,502.00million shares in the last session and the average volume of the stock remained 70.50million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.50%.
Groupon Inc (NASDAQ:GRPN) CEO Eric P. Lefkofsky unloaded 454,166 shares of Groupon Inc (NASDAQ:FB) stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $6.19, for a total transaction of $2,811,287.54. Following the sale, the chief executive officer now directly owns 31,455 shares in the company, valued at approximately $194,706. Groupon Inc (NASDAQ:GRPN) rose 2.93 percent to $6.33 Tuesday on volume of 13.94million shares. The intra-day range of the stock was $6.08 to $6.37. Groupon Inc (NASDAQ:GRPN) has a market capitalization of $4.32billion.
Yahoo Inc (NASDAQ:YHOO) has bought Blink, a mobile messaging startup whose app lets users send messages that will self-destruct at a time set by the sender. The deal, which Blink announced on its website, comes days after rival Snapchat settled charges with U.S. regulators that accused it of deceiving consumers by promising that photos sent on its service disappeared forever after a certain period. Yahoo! Inc. (NASDAQ:YHOO)’s stock on May 13, 2014 reported a decrease of -0.15% to the closing price of $34.40. Its fifty two weeks range is $23.82 -$41.72. The total market capitalization recorded $34.62billion. The overall volume in the last trading session was 1,100.00million shares. In its share capital, YHOO has 1.01billion outstanding shares.
On Monday, the social media platform Twitter Inc (NYSE:TWTR) announced its latest feature, called mute, which allows users to filter out content from Twitter Inc (NYSE:TWTR) users they would like to hear from a bit less. Unfortunately for businesses trying to spead their brand messages, it is safe to say that users will be more likely to mute companies than their friends. The feature, which Twitter Inc (NYSE:TWTR) will roll out over the coming weeks, will allow people on the platform to remove other users’ activity from their Twitter Inc (NYSE:TWTR) interface. On Tuesday, shares of Twitter Inc (NYSE:TWTR) dropped -1.62% to close the day at $33.39. Company return on investment (ROI) is -20.10% and its monthly performance is recorded as -16.63%. Twitter Inc (NYSE:TWTR) quarterly revenue growth is -38.17%.