Putting a $37 price target on Facebook Inc (NASDAQ:FB) is a bit risky right now. On today’s market shares have fallen a fraction, and in the last five day’s trading, the firm’s stock has fallen by close to 5 percent. Deutsche Bank analysts are willing to take that risk, however, and they lay out their argument in a new report. The gist of the report is that though it’s still too early to tell...
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HTC One has crossed the 5 million mark in terms of the number of units sold since the launch a month ago, reports WSJ citing an unidentified HTC Corp (TPE:2498) executive. The unidentified executive told the journal “orders are pretty good so far and are still more than what we can supply.” For the shortage of the devices, the executive pointed towards issues with component availability. The executive cautioned that even after selling five million...
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According to the British Police, the wearable Glass technologies from Google Inc (NASDAQ:GOOG) along with social media may prove to be a helping hand in investigations and giving information about any expected crime in the future. Google Glass Was Another Channel To Explore An open-source intelligence manager with the NDEU, Umut Ertogral said that Google Inc (NASDAQ:GOOG) wearable glasses was “another channel for us to explore and look at” while speaking at AusCERT security conference...
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Since 2004, Forbes Magazine and editor Mary Ellen Egan have been compiling a list of the “World’s Most Powerful Women” based on money, influence, and viability. Activists, world leaders, celebrities, and CEOs, make up a large part of the list that highlights women who go beyond the traditional taxonomy of the power elite (political and economic might). Agents of change, these women are actually shifting our very idea of clout and authority and, in the...
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Twitter has beefed up its security in response to a number of high profile attacks the social media giant and its users have suffered. Starting today, Twitter users will have the option of adding a second level of security when logging into their accounts. While Twitter itself hasn’t fallen victim to attacks, numerous people and corporations have had their Twitter accounts hijacked, none of which shed a positive light on Twitter. While not Twitter’s...
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According to a new report, from the Pew Research Center, Facebook Inc (NASDAQ:FB) is losing momentum among teenagers. The social networking site, which made its name by attracting young people, relies on a business model whereby it reels in youth and keeps them for life. If engagement among teenagers is falling that spells bad things for Facebook Inc (NASDAQ:FB)’s future. According to the Pew report, which can be found in full at this link, teenagers...
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HTC Corp (TPE:2498) is losing its top executives as the company faces strong competition in the mobile market. The company failed to avert its declining revenue through its latest smartphone devices such the HTC First and HTC One. According to CNET, Lennard Hoornik, CEO of HTC Corp (TPE:2498) in Asia resigned from the company. He was on leave for two months prior to his decision to vacate his position in the company. HTC is...
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Facebook Inc. (NASDAQ:FB) could easily have bought Tumblr Inc. if it wanted to, but the social networking giant didn’t. The Mark Zuckerberg led company has experience, capital and necessary expertise. Its visual advertising in feeds generates billions of dollars every year. That’s exactly what Tumblr dreamed of becoming, says Jason Stein of CNBC. Before Yahoo! Inc. (NASDAQ:YHOO) announced its acquisition of Tumblr for $1.1 billion, there were reports that Facebook Inc. (NASDAQ:FB) may come up with its own...
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Eight Mile Style, Eminem’s music publishing company, is suing Facebook Inc (NASDAQ:FB) and its ad agency for using Eminem’s song without seeking permission. The music publisher claims Facebook Inc (NASDAQ:FB)’s advertising agency Wieden + Kennedy used Eminem’s song “Under the influence” during YouTube and television ads without seeking consent. Facebook As Broadcast Online Copied Eminem’s Song A federal law suit was filed by Eight Mile Style in Detroit on Monday alleging that a 30-second...
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Gold prices have fallen to their lowest levels since March 2009, prompting some experts to see parallels with the likes of Apple Inc. (NASDAQ:AAPL) and Facebook Inc (NASDAQ:FB) and others to see buying opportunities to be had. The Financial Times published a blog written by Pimco CEO Mohamed El-Erian, who says people need to quiet down and listen to what gold prices have to tell them. He focused on how important it is to...
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Today, Time ran an article claiming that Facebook Inc (NASDAQ:FB) should be paying users for their information, rather than being able to sell that info on to advertisers. The article focused on the current model of online commerce, where services are free and users’ information is theirs for the taking. The author of the piece, Jaron Larnier, a computer scientist who has risen to prominence by writing works such as You Are Not A Gadget,...
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