While Facebook Inc (NASDAQ:FB) and Apple Inc. (NASDAQ:AAPL) remain friends, the social network is no longer on speaking terms with Google Inc (NASDAQ:GOOG). During a conference call that followed his company’s Jan. 30 earnings report, Facebook CEO Mark Zuckerberg explained Facebook … [Read more...]
Facebook Inc (FB) Updates its Apple Inc. (AAPL) iOS Messenger with VoIP
In a further move to dominate mobile communications, Facebook Inc. (NASDAQ:FB) released an update to its Apple Inc.(NASDAQ:AAPL) iOS Messenger app Jan. 3 that allows users to send brief voice messages to one another. Users with AAPL iOS and Android devices now have the ability to … [Read more...]
Morgan Stanley Fined for Blowing Facebook (FB) IPO
Morgan Stanley was hit with a $5 million fine for brazenly breaking the law in their role as the lead underwriter for Facebook's (FB) IPO. The Secretary of the Commonwealth of Massachusetts, William Galvin, levied the fine for what he described as, "...a clear violation of the global … [Read more...]
Facebook’s Unlikely Turnaround
Leading up to Facebook’s (FB) IPO, everyone was looking for a way to get their hands on shares of (NASDAQ: FB). Unfortunately, the IPO failed to impress investors and ultimately there were too many shares offered, dragging down the price. In the ensuing months, Facebook continued to … [Read more...]
Netflix (NFLX) CEO Reed Hastings Under Fire for Facebook Post – Stock Drops
Netflix CEO Reed Hastings has certainly not been the most popular Silicon Valley CEO in recent years, after changing prices and the structure of Netflix, which turned out to be a flop. This time, Hastings is once again in the news due to a Facebook post, which was flagged by … [Read more...]
Facebook Stockholders Expected to Dump Stock
Facebook (FB) stock is expected to take a big hit Wednesday when existing stockholders sell off a huge quantity of shares, but the message the stock market sends to onlookers may be the wrong one. The share dump everyone expects to happen tomorrow has nothing to do with Facebook's … [Read more...]
