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- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Facebook's (FB) Instagram is Bigger and Better than Twitter (TWTR), Should Be Worth $35 Billion - Citi
December 19, 2014 1:58 PM ESTFacebook (NASDAQ: FB) bought Instagram in 2012 for $1 billion.. now the popular photo-friendly social network may be worth $35 billion, according to analysts at Citi. In addition to being many fold above the original purchase price, the $35 billion figure is up 84% from Citi's prior estimate.
The call from Cit analyst Mark May come after the announcement last week that Instagram had reached more than 300 million users.... More
Twitter (TWTR) Turns to Russia for Revenue Diversification
December 19, 2014 6:48 AM ESTIn an effort to garner more revenue outside the U.S., Twitter (NYSE: TWTR) has begun to sell advertising in Russia via reseller Httpool.
Httpool is Twitter's ad partner in Eastern Europe.
Twitter's first clients are said to include VimpelCom (NYSE:... More
Facebook's (FB) Popularity with Key Demographic Continues to Wane
December 19, 2014 6:33 AM ESTFacebook (Nasdaq: FB) popularity amongst teens is slipping once again.
Bloomberg, citing a report from Frank N. Magid Associates, said the 13- to 17-year-old age demographic that uses Facebook fell from 94 percent in 2013 down to 88 percent this year. The... More
