Alibaba Group Holding Ltd (NYSE BABA) was off and running at the New York Stock Exchange, and investors wasted no time in diving in. Shares opened up at just under $93 a share, granting the Chinese online retailer a market value of $228.5 billion. On its very first trade on the New York Stock Exchange,…
Facebook Inc (NASDAQ FB) is expected to emerge as the greatest beneficiary of the ad dollars that are switching from the traditional media to online platforms while Twitter Inc (NYSE TWTR) should come in second, according to a September 16th report from Cantor Fitzerald analysts Youssef Squali, Naved Khan and Kip Paulson. The conclusion is…
Facebook Inc (NASDAQ FB) showed a slight decline in share of overall internet time in August, but the social network is holding steady at a 20% share of mobile minutes. JPMorgan analysts also believe a pickup in brand ads and organic video in the third quarter may give Facebookâs results a boost. Facebook Inc (NASDAQ…
Facebook Inc (NASDAQ FB) has announced the formation of the TODO project that will simplify the way in which open-source software projects, which are an important part of a cloud and mobile computing development, are executed. According to the announcement of the project on Monday, September 15th, TODO will incorporate best practices for updating the…
Facebook, an information sharing application that allows an ordinary American to post everything from pictures of themselves to news regarding their latest restaurant experience, now has a market capitalization exceeding $200 billion. With just $12 billion in revenue, Facebook commands rich multiple on earnings by almost any standard. With the stock closing at $77.89 per…
Facebook Inc (NASDAQ FB) is banned in China by the regulators. The ban is not very much appreciated by the consumers, who wish to use this social networking service for the benefits it offers. The huge popularity of the social networker led consumers to check with Facebook professionals (whenever they visit China), when they could…
