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It's off 11.5 percent at last check, bringing the social gaming company down nearly 50 percent year to date. What happened? It seems people are choosing more mobile instead of social games.
"Facebook is just not a big gaming platform compared to mobile," says Doug Creutz, Cowen & Company analyst, discussing why shares of Zynga are down sharply.
CNBC's Jane Wells reports on California's serious budget problems and how Facebook's 30% decline could make the state's debt problem even worse.
Apple has struck a new alliance with Facebook to integrate the social network into its iPhone, iPad and Mac operating system at the same time as it introduces a range of new MacBook computers.
Facebook has been plagued by criticism of its slowing U.S. growth, the fact that it only recently started showing ads to mobile users, and questions about whether its ads work. But now ComScore is out with a study that validates the core of Facebook’s business model: social context makes ads more powerful.
CNBC's Julia Boorstin reports the results of a study that shows brands can impact consumers without spending money, if "friends" like it. And Laura Martin, a Needham analyst, explains why she maintains a "buy" rating on the stock and a price target of $40 per share.
Apple unveils their newest offerings including new MacBook Pro, maps app, Siri for iPad; the market relief over a Spain bank bailout was short-lived; NetJets expands the fleet; family median income falls to levels not seen since 1992.
Razor-thin Macbook Pro with eye-popping high def; a new operating system; more languages for Siri. Those were some of the takeaways from the opening day at Apple's highly anticipated developers conference. But Wall Street's greeting: "Ho-hum."
Stocks accelerated their selloff in the final minutes of trading to close down more than 1 percent across the board Monday, as initial euphoria over Spain's bank bailout fizzled and amid ongoing fears over a global economic slowdown.
After years of playing hard to get, Apple and Facebook are finally making it official: Apple's new mobile operating system iOS 6 will, for the first time, feature deep integration with Facebook.
Choosing the right VC has become even more important in the wake of the Facebook IPO fallout.
Okay, blame Spain, but it was really Apple's fade that killed our chances for moving aggressively into the black. Am I the only one who thinks the Apple conference is a relative non-event? Apparently not.
Is UBS just the start of the Facebook fallout? On Friday, CNBC's Maria Bartiromo reported the company lost up to $350 million on the IPO. Jim Sinegal, Morningstar and Josh Brown, Fusion Analytics, discuss.
Apple unveiled a new MacBook Pro with retina display at it's Worldwide Developers Conference Monday.
Facebook is on the preliminary list to join the Russell 3000, with CNBC's Julia Boorstin.
Although the volatile market environment has provided investors the opportunity to buy some stocks at discount, Cramer warns that some stocks should be avoided for the time being.
Warby Parker has been a revolutionary force in the eyewear market since its launch in February 2010. By selling their own designs almost exclusively online, the company is able to price its hip eyeglasses at $95 per pair. Co-founder and co-CEO Neil Blumenthal spoke about the company’s vision for growth and the potential for a future IPO.
Jim Cramer’s researcher, Nicole Urken, takes a look at how you should view investing in an emerging industry.
The "Squawk on the Street" news team reports what to expect from Apple's Developers Conference; Spain's bank bailout & Greece elections and the impact on U.S. markets; and chronicling Facebook's disastrous first day of trading on the Nasdaq and its missing CEO.
U.S. stock index futures were higher Monday but off their best levels as questions began to form over whether Spain's bank aid would really help put an end to the debt crisis.