Social Stocks on the move: Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR), Zynga Inc (NASDAQ:ZNGA), Yelp Inc (NYSE:YELP), LinkedIn Corp (NYSE:LNKD)

Facebook Inc (NASDAQ:FB) is taking another stab at ephemeral mobile messaging with an app called Slingshot. The app is designed to appeal to fans of Snapchat and other messaging apps that let people send self-destructing messages to friends. Facebook Inc (NASDAQ:FB) stock performance was 1.86% in last session and finished the day at $65.60. Traded volume was 35.57million shares in the last session and the … Continue reading Social Stocks on the move: Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR), Zynga Inc (NASDAQ:ZNGA), Yelp Inc (NYSE:YELP), LinkedIn Corp (NYSE:LNKD)

Market Movers: BlackBerry Ltd (NASDAQ:BBRY), Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL), Facebook Inc (NASDAQ:FB), Advanced Micro Devices, Inc. (NYSE:AMD)

BlackBerry Ltd (NASDAQ:BBRY)’s recently launched low-cost touchscreen smartphone, the Z3, seems all set to be launch in India on June 25. The company has started sending invites for the event scheduled next week with a tagline that said, “Join us to witness the unveiling of the next generation BlackBerry 10 device.” BlackBerry Ltd (NASDAQ:BBRY) stock performance was 1.51% in last session and finished the day … Continue reading Market Movers: BlackBerry Ltd (NASDAQ:BBRY), Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL), Facebook Inc (NASDAQ:FB), Advanced Micro Devices, Inc. (NYSE:AMD)

Notable Movers: Nokia Corporation (ADR) (NYSE:NOK), Facebook Inc (NASDAQ:FB), Zynga Inc (NASDAQ:ZNGA), Sirius XM Holdings Inc. (NASDAQ:SIRI), Netflix, Inc. (NASDAQ:NFLX)

Nokia and Airtel have teamed up to offer free download of Android apps on the Nokia XL for six months. With this Airtel plan, Nokia XL user can avail of up to 500MB of free usage, allowing them to download their favourite apps from the Nokia store and 1Mobile store. Nokia Corporation (ADR) (NYSE:NOK) stock finished the day at $8.04. Traded volume was 10.73million shares in the last … Continue reading Notable Movers: Nokia Corporation (ADR) (NYSE:NOK), Facebook Inc (NASDAQ:FB), Zynga Inc (NASDAQ:ZNGA), Sirius XM Holdings Inc. (NASDAQ:SIRI), Netflix, Inc. (NASDAQ:NFLX)

Hot Movers: National Bank of Greece (ADR) (NYSE:NBG), Dendreon Corporation (NASDAQ:DNDN), Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR), Weibo Corp (ADR) (NASDAQ:WB)

National Bank of Greece (ADR) (NYSE:NBG) was added to the “model portfolio” of JPMorgan’s European banking analysts Monday, who also added Banco Popular to the list following last week’s moves by the European Central Bank to improve funding to the banking sector. National Bank of Greece (ADR) (NYSE:NBG) stock performance was -5.13% in last session and finished the day at $3.88. Traded volume was 8.96million … Continue reading Hot Movers: National Bank of Greece (ADR) (NYSE:NBG), Dendreon Corporation (NASDAQ:DNDN), Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR), Weibo Corp (ADR) (NASDAQ:WB)

(NASDAQ:EBAY) EBay’s PayPal CEO joins Facebook (NASDAQ:FB) To Lead Messaging Products (Video)

eBay said on Monday David Marcus, who has led eBay Inc’s fast-growing payments unit PayPal, will step down from the e-commerce company on June 27 to run Facebook messaging products. EBay shares fell about 2 percent in trading after hours. Marcus has led PayPal, which has 148 million active users, for the past two years during which the payments unit has moved more aggressively into stores and mobile devices.

Facebook has nabbed PayPal’s president in the clearest indication yet that the social media company will soon be venturing into online payments. the company announced in a press release on Monday David Marcus will lead Facebook’s messaging products. Marcus confirmed the move with a post to Facebook, which said “While I was in the middle of my thought process about what was next for me, Mark Zuckerberg and I got together.”

Following the acquisition of Whatsapp, Facebook is now looking for a strong strategy to actively monetize NASDAQ:FB leadership in the live messaging business. David Marcus should lead the way within the Facebook organization.

Facebook has appointed PayPal CEO David Marcus to head to its Messenger service. Not surprisingly, that’s got the tech industry abuzz over how the company will finally start making money from its Messenger app. One way is to start a money transfer service that puts Facebook head-to-head with Marcus’s last employer. Another is to create stickers. Cute digital icons are all the rage in Asia, and they could become bigger on Facebook‘s Messenger service if the right infrastructure is put in place by it and other services like Instagram

Continue reading “(NASDAQ:EBAY) EBay’s PayPal CEO joins Facebook (NASDAQ:FB) To Lead Messaging Products (Video)”

Active Movers: Facebook Inc (NASDAQ:FB), Idenix Pharmaceuticals Inc (NASDAQ:IDIX), Sirius XM Holdings Inc. (NASDAQ:SIRI), General Electric Company (NYSE:GE)

Mark Zuckerberg and other members of Facebook Inc (NASDAQ:FB)’s board have been sued by a shareholder who claimed a policy letting them annually award directors more than $150 million of stock each if they choose is unreasonably generous. Facebook Inc (NASDAQ:FB) stock performance was 0.61% in last session and finished the day at $62.88. Traded volume was 37.62million shares in the last session and the … Continue reading Active Movers: Facebook Inc (NASDAQ:FB), Idenix Pharmaceuticals Inc (NASDAQ:IDIX), Sirius XM Holdings Inc. (NASDAQ:SIRI), General Electric Company (NYSE:GE)