Zynga Inc. (NASDAQ: ZNGA) has gone from hot to cold, and then from cold to frozen. The social gaming company should have maybe stayed private. The company just issued preliminary quarterly projections…
Facebook Inc. (NASDAQ: FB) has now been public for about four and a half months. It has been no secret that the social networking giant had a total failure of an initial…
Jon C. Ogg In an exclusive interview on NBC this morning, Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg said that the company reached a total of 1 billion active users worldwide as of September 14.…
Paul Ausick courtesy Facebook Inc.Facebook Inc. (NASDAQ: FB) users will be able to see how well they promote themselves, events or other important information across the social network. But it will cost money — about $7…
Trey Thoelcke Macau Gambling Revenue Macau gambling revenue came in short of expectations. Macau has become the Mecca of gaming firms as activity has slowed, particularly in places like Las Vegas and Atlantic City.…
China begins to use its currency for cross-border transactions — a challenge to the dollar. (Reuters) Google Inc. (NASDAQ: GOOG) is denied summary judgement in a patent fight with Vringo. (Reuters) The head…
Bank of America Merrill Lynch is out with a preview of its third-quarter Internet expectations this morning, and it is raising some price targets on key companies. Bank of America said that large…
A court will allow Samsung to sell its Galaxy Tab 10.1 in the U.S. despite efforts by Apple Inc. (NASDAQ: AAPL) to block it. (Reuters) Germany wants Spain to delay a request…
Facebook Inc. (NASDAQ: FB), Groupon Inc. (NASDAQ: GRPN), and Zynga, Inc. (NASDAQ: ZNGA) have all been duds for the market around initial public offerings. These three IPOs have destroyed billions of dollars worth…
The three major U.S. stock indexes opened lower this morning following a weaker-than-expected report on U.S. personal income and inline personal consumption spending (more coverage here). U.S. markets followed Europe, where today’s…
The market may still be cautious when it comes to the IPO market. After all, Facebook, Inc. (NASDAQ: FB), Groupon Inc. (NASDAQ: GRPN), and Zynga, Inc. (NASDAQ: ZNGA) have all proven to…
The conventional wisdom says that China has no (or very few) users of social media sites like Facebook Inc. (NASDAQ: FB) and Twitter. But that wisdom may be off the mark. Internet…
The future of French President Francois Hollande likely will be determined by the fate of his new austerity budget. (Reuters) EADS says it will stay with a deadline set by regulators for…
The fiscal cliff has been described as a potential disaster for the finances of individuals and corporations alike. If Congress and the White House do not reach an agreement on the budget…
Spain will cut its budget ahead of a possible request for aid. (Reuters) Bank of America Corp. (NYSE: BAC) tests systems that allow people to make payments via smartphone. (Reuters) Procter &…
