Expect big acts for the media and entertainment industry next year: big deals, bigger convergence, biggest mobile universe. Julia Boorstin shares her insights.» Read More
Trading volumes for stocks have decreased since 2008 and a series of high profile glitches have continued to hurt investor confidence. On Tuesday, erroneous trades led to a spike in a number of U.S.-listed stocks including Pandora and Nokia.
NEW YORK-- Shares of Zynga tumbled nearly 5 percent Wednesday after Piper Jaffray predicted that a decline in revenue for social gaming companies would accelerate next year, with fewer teens showing interest. On Friday, the shares hit an all-time low of $2.21, after Zynga forecast a third-quarter loss.
Cramer makes the call on viewers' favorite stocks.
Check out which companies are making headlines after the bell Tuesday.
Some of Facebook’s biggest backers are hoping that cutting-edge technology can change politics the way Facebook changed the way people interact.
Some of Facebook's biggest backers -- Sean Parker, Ben Horowitz and Peter Thiel -- are hoping that cutting edge technology can change politics the way Facebook changed interaction between friends. CNBC's Julia Boorstin has the details.
BEIRUT-- An official said Tuesday that an employee of Lebanon's national airline MEA was fired after a passenger complained in a social media campaign that the worker humiliated travelers from the Philippines at the Beirut airport and told them over the loudspeaker, "Filipino people, stop talking."
MONTPELIER, Vt.-- Fans of Vermont singer Grace Potter will be able to watch her give an online concert where she is going to be promoting fair trade coffee. She's going to be singing at Joe's Pub in New York live Tuesday on the Facebook page of Green Mountain Coffee Roasters Inc..
MOSCOW, Oct 9- The following are some of the leading stories in Russia's newspapers on Tuesday. -Chief of Russia's consumer safety watchdog Gennady Onishchenko demands that people living near Sheremetyevo airport in Moscow be removed from the area before the construction of a new landing strip begins, the paper writes.
The National Broadcasting and Telecommunications Commission will hold the much-delayed auction on Oct. 16. Market leader Advanced Info Service, 21 percent owned by Singapore Telecommunications Ltd, will bid through wholly owned unit Advanced Wireless Network Co. Ltd..
SINGAPORE, Oct 9- An ethnic Chinese Singapore trade union executive was sacked after she posted expletives-laden comments about Malay weddings on Facebook, remarks so offensive they prompted the prime minister and other politicians to complain.
SAN FRANCISCO, Oct 8- Zynga Inc's executive overseeing its key poker game has quit, hitting the gamemaker in a particularly vulnerable spot as it struggles with a steady employee exodus and falling revenue.
General Motors is moving past layoffs and the Motor City's rusty, low-tech image. "The companies that build the software themselves in general are going to have an advantage," says David Kirkpatrick, author of a book about Facebook and CEO of Techonomy Media Inc., a New York firm that specializes in setting up technology conferences. "
Facebook is testing "Collections," which will allow users to share products and even buy the items through the social network.
People can click through and buy these items off of Facebook, " Facebook said in a statement. The feature, which Facebook has dubbed Collections, could help Facebook play a bigger role in the online commerce market by encouraging its 1 billion users to buy products for their friends and by sending shoppers directly to online stores.
Oct 8- Facebook Inc has proposed a revised $20 million settlement in a class action lawsuit accusing it of violating the rights of users through its "Sponsored Stories" advertising feature after a U.S. judge rejected an earlier accord.
Stocks ended lower in thin trading Monday, with the Dow pulling back after hitting a five-year high, amid jitters over global growth and ahead of what many forecast will be a weak earnings season.
Oct 8- An outage that cut phone and data service to Sprint customers in parts of California, Oregon and Washington also grounded some Alaska Airlines passengers on Monday as it knocked the air carrier's reservations system off line.
WEST CHESTER, Pa.-- It's a Sunday afternoon, and David Venable is in his element: on the air, in one of the kitchens at the QVC home shopping network, chatting a mile a minute about bakeware on his popular show, "In the Kitchen with David."
BTIG analyst Rich Greenfield explains why he downgraded Facebook to sell, with a $16 price target. "Facebook should be doing things that add to the user experience, not detract from it," he says.