Facebook reported earnings and revenue that beat estimates in the second quarter, thanks to its robust mobile ad business.» Read More
Take a look at some of Wednesday morning’s early movers:
The early adoption of austerity measures, and a 17 percent increase in foreign direct investment last year, have helped Ireland improve its competitiveness in a way other stricken euro zone countries, such as Greece, have not.
The festival, launched in 1989 to draw attention to this city's vibrant music scene, has morphed into a magnet for technology companies — start-ups and large corporations alike — and Hollywood, too. SXSW Interactive runs through Tuesday, giving way to the music festival that runs through Sunday; SXSW's film portion ends Saturday.
Silicon Valley has a new batch of billionaires. Rob Cox, Reuters Breakingviews editor, says these billionaires are starting to resemble Robber Barons.
Jim Cramer’s researcher, Nicole Urken, notes that the improved labor reports will continue to drive the derivative jobs plays.
Pandora shares have zoomed since the start of the year, but the company’s fourth-quarter earnings report may open up “Pandora’s box” for investors if the growth isn't there.
Yelp is screaming higher on its first day of trading. Insight on whether the company is already overvalued, with Max Wolff, GreenCrest Capital.
When Randy Kortering decided to upgrade computer network defenses at Haworth, a $1 billion-a-year office fixtures manufacturer, his chief of security warned him about social-networking use.
Airlines are using social media to provide fliers with the opportunity to select their seatmate, the New York Times reports.
LinkedIn has acquired the email start-up company Rapportive, the CEO announces in a blog post.
If you have a company, or an idea for a company, that can make an impact on people using social media, Reid Hoffman wants to talk to you. Hoffman, a partner at Greylock Partners and the executive chairman of LinkedIn, told CNBC Friday he sees a lot of opportunity for "great businesses" that create social networks that "can change people's lives."
The Fast Money crew discuss the social media space and whether its on the brink of bursting.
Discussing the future of social media, with Reid Hoffman, LinkedIn executive chairman/co-founder and Greylock Partners partner, who says opportunities are still out there for entrepreneurs with good business ideas.
Whitney Tilson, who shorted housing before the subprime crisis, reveals which companies he thinks are overvalued and ripe for a pullback.
Mark Mahaney, analyst at Citigroup, has a "neutral" rating on LinkedIn and $90 price target.
Social media IPOs are all off their highs and it's like there is blood on the Street for the investors, says Francis Gaskins, IPODesktop.com president/editor, who adds, "if nobody has made money on those stocks why would anybody make money on Facebook?"
As a result of the financial crisis, Wall Street has taken a beating on reputation, on pay and on layoffs. At the same time, with a series of hot initial public offerings culminating in Facebook’s planned issue, Silicon Valley has developed a new allure.
Stocks came off their lows but still logged a weekly decline, with the S&P and Nasdaq snapping a 5-week winning streak, following stalled debt talks in Greece, some disappointing economic reports and after S&P downgraded a handful of Italian banks.
As LinkedIn’s post-IPO lockup ends next month, CEO Jeff Weiner eased concerns about a majority of those shareholders.
LinkedIn reports its revenue more than doubled in the fourth quarter. Jeff Weiner, CEO of LinkedIn, discusses earnings.