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Stock Market & Financial Investment News

News Breaks
February 28, 2013
06:08 EDTZNGA, FB, GRPN, LNKDLinkedIn takes its place in social media, WSJ reports
LinkedIn (LNKD) is no longer the ugly duckling of social media. While investors puzzled over its hybrid consumer-and-enterprise business model and its focus on the less-flashy world of professional connections, those are factors that has kept the company in Wall Street's good graces, reports the Wall Street Journal. Now LinkedIn is trying to give corporate customers—which generate more than half its $972M in annual revenue through its "talent solutions" business—more reason to pay. It is testing corporate ads that serve content such as articles or status updates to LinkedIn's users. Reference Link
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April 9, 2014
06:54 EDTFBIndia Facebook's second top market with over 100M users, FT says
Facebook confirmed that more than 100M people in India now access its services each month, which is up from just 8M in the middle of 2010 and makes the nation the second top market for the social network, trailing only the U.S., reported Financial Times. Reference Link
06:33 EDTLNKDLinkedIn upgraded to Buy from Hold at Topeka
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06:03 EDTFBFacebook making slight changes to privacy settings, Re/code reports
Re/code reports that Facebook is slightly tweaking its privacy settings in a move to minimize "accidental sharing incidents." The company is also testing privacy surveys to see which features users are not comfortable with. Reference Link
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