Brad Gastwirth, CEO of ABR Investment Strategy, attributes the fall in Facebook shares overnight to concerns over an increase in spending, which is outpacing revenue growth.» Read More
The "Squawk on the Street" news team reports on today's major headlines, including Spain's borrowing costs increasing ahead of the EU Summit, Goldman Sachs getting bullish on JPMorgan and the possibility that News Corp may be splitting into two companies.
Take a look at some of Tuesday’s morning movers:
From Facebook's company-obsessed culture to its rowdy company parties, a former employee is airing some of the social network's dirty laundry in a new book that was released Tuesday.
The Dow drops again to start the week; Lennar to in talks to talk $1.7 billion in loans from China; Facebook COO to join the board; Microsoft buys Yammer and Moody’s downgrades 28 Spanish Banks.
Facebook's chief operating officer Sheryl Sandberg is joining the social network's board of directors, the company announced Monday.
Facebook must really want users to use their messaging system. The social network has changed users default email on their profiles to one that ends in @facebook.com.
Wall Street suffered through another rough day Monday, with stocks dropping more than 1 percent on worries over the effect the European debt crisis would have on the global economy.
Microsoft is paying $1.2 billion to buy Yammer, an Internet startup that has built a social network similar to Facebook for the business world.
Yao Ming, the 31-year-old, 7-foot 6-inch former NBA star forced into early retirement from injuries, is now trying to make a splash as a venture capitalist in various projects in his home country.
The Web era gives small businesses vastly more promotional reach, but also more chances to trip up over truth-in-advertising laws.
Take a look at some of Monday’s morning movers:
Facebook quietly started running ads on Zynga.com today: the ads look like ads on Facebook, with the same social context, and the two companies are sharing the ad revenue.
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The demand-supply mismatch helps explain why so many human resource managers — at large firms and growing start ups — are working overtime these days, building their brands, bragging on Twitter and Facebook, and even making old-fashioned investments in training.
CNBC's Julia Boorstin reports that Facebook has begun to run ads and sponsored stories on Zynga.com, which could be seen as the first step toward Facebook launching its own ad network.
Wild market swings are enough to make your head spin and your gut churn. But which part of your body should you listen to when you’re trying to make sense of it all and decide on a particular investment strategy?
Take a look at some of Friday's midday movers:
When it comes to going public these days, one event seems to have unhinged the entire deal pipeline.
Secret negotiations among dozens of countries preparing for a UN summit could lead to changes in a global treaty that would diminish the Internet's role in economic growth and restrict the free flow of information.
This month will likely be the first June for at least 20 years in which there were no European stock market flotations valued above $100 million, according to research from Dealogic.