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via AP, USA Today Facebook has topped 1 billion users, but the past few months have not been easy. CEO Mark Zuckerberg says that the company is going through a bit of a rough patch following its rocky initial public offering. Zuckerberg updated his Facebook status on Thursday to announce that the social networking site … Continue reading
via Jessica Guynn, Los Angeles Times Could Facebook Inc.’s new gift service be the early Christmas present that Wall Street has been waiting for? After its disastrous debut as a public company in May, the social networking giant has come under increasing pressure from investors not just to squeeze more advertising dollars from its nearly … Continue reading
via Mark Hachman, PC Mag Facebook’s strength—that it has evolved beyond a social network, into a platform—appears to be its greatest weakness, at least in the mobile market. Much has been made in the last week about Facebook’s inability to derive revenue from or otherwise monetize its mobile business. That may be one of the … Continue reading
via Michelle Conlin, Business Insider Only a few months ago, Groupon was the Internet’s next great thing. Business media christened it the fastest growing company ever. Copycats proliferated. And investors salivated over the prospect of Groupon going public. Today, the startup that pioneered online daily deals for coupons is an example of how fast an … Continue reading
The Brandt Standard 