Facebook’s IPO — in which insiders cashed out $10 billion — now ranks as “the worst performer among all large IPOs on record,” according Bloomberg.
Technology & Media
Spotify is Growing — But Why Isn’t It Growing Faster?
Spotify has frequently been hailed at as the savior of the moribund music industry. Sooner or later, the pundits argue, a streaming music service that gives users unlimited access to virtually every piece of recorded music in the …
Walmart, Target Challenge Google, Square as Mobile Payments Heat Up
Retail titans like Walmart, Target and Best Buy are challenging tech upstarts like Google, Paypal and Square for advantage as the mobile payments space heats up.
Groupon Plunges 20% on Weak Deal Growth
Chicago-based daily-deals website Groupon watched its already discounted stock price plunge by 20% after the company reported sales numbers that failed to impress Wall Street. Groupon said weakness in Europe and foreign-currency …
Is the Stock Market Really Dying?
Pessimism is often most widespread when a long period of economic troubles is nearing an end. What follows can be a surprisingly strong rebound.
The Social Media Tech IPO Boom: An Insider’s Game?
Billion-dollar cash-outs at Facebook, Zynga and Groupon. Abysmal stock performance.
The Big-Box Electronics Retailer That’s Actually (No Joke) Growing
Contrary to the industry norm, electronics retailer hhgregg is quickly expanding at a time when its rivals are shutting stores
Viewpoint: 11 Reasons a 23-Year-Old Shouldn’t Run Your Social Media
Sure, she understands Instagram. But do you really want a new grad controlling your brand online?
RIM-Samsung Buzz: A New Hope For Blackberry?
There is a growing consensus on Wall Street that RIM cannot survive on its own. Now, speculation is mounting that the Blackberry-maker will strike a licensing deal with a hardware giant like Samsung.
Why the Market Loves LinkedIn — and Hates Facebook
LinkedIn trumps Facebook on vision and karma—and investors don’t mind that it’s so much more expensive
#NBCFail? Not Quite. Prime Time Olympics Coverage is Surprising Success for Network
It’s more than a week into the London Olympics, and Twitter users are still hammering NBC for its tape-delayed coverage, its glitchy streaming online video, and the endless commercials in between and during the competition. But …
Do Facebook Ads Work?
Facebook ads can be effective, according to a recent study conducted by the social media giant and comScore.