New Media

A mob of angry users filled the spaces of social media sites today in reaction to new terms of service and privacy policies published by Instagram, a photo sharing application owned by Facebook, giving the service rights to use its users’ information and contents as a means of generating revenue. In an unadultered form, I […]

The political class is today delighted as Starbucks appears to be caving in and agreeing to pay more tax. No doubt Amazon and Google will follow suit. My warning here is that what is going on will cost British jobs and it stinks of high hypocrisy. And yes Margaret Hodge MP I am talking about […]

Once upon a time, when Wall Street was buzzing with internet start-ups, and many were doing tremendously well in the market,Zynga (NYSE:ZNGA), an online social gaming network provider,ranked high among the social internet star companies; but alas, the hype and excitement has certainly cooled over the past six months, following poor company stock performances. Just […]

The global economic crisis has investors so uptight that Thursday’s accidental early release of Google’s (NASDAQ:GOOG) 3rd quarter results stirred a frenzy among traders. The market reacted to the early report, which revealed a 20% decrease in profits year-on-year for the quarter, with the share price dropping 9% from $705.58 to $681.79.  Chicken Little was […]

Google (NASDAQ:GOOG): Loss of 50 Day Moving Average Shares of Google have succumbed to both bearish RSI divergence and an unfilled gap to the downside at $765, a combination that warned us there was a problem with the recent bull run even before the mysterious fat finger of October 18th. The likelihood now is that […]

Google’s Publishing Company, R.R. Donnelley & Sons, have mistakenly filed the 8K earnings statement early to the SEC. Revenues came in at $11.33bn up , stripping out traffic acquisition, and earnings at $9.03 per share, removing the Motorola Mobility restructuring costs and employee compensation charges. This is significantly below the analyst estimates of revenues at […]

Many people have been largely skeptical of investing in stocks of social networks giants, especially since the embarrassed failure of Facebook (NASDAQ:FB) IPO in the market, which saw the company’s shares decline greatly and also shockingly. While Facebook has over 850 million active users from everywhere in the world and a basically sustained huge flow […]

Facebook E-commerce move: Is It Merely a Desperate Step to Revive Its Beaten up Stock? After the shocking disappointments of the botched Facebook (NYSE:FB) IPO, and the dramatic events that saw investors filing suit against the social network company, it seem pretty much that the executives at the company will have nothing else to focus […]