Omega Advisors Inc sold its shares in Facebook and precious metals' companies and bought Apple shares after Apple's decline.
Tags: Facebook
Intel, Apple, Facebook pull tech stocks higher
Technology stocks experienced a fair gain with the help of Intel, Facebook and Apple. The technology market experienced a fair increase in the stock market, thanks largely to current top share gain leaders Intel Corp.
Swedish judge convicts teen for sending Facebook friend request
A Gotland District Court Judge ruled to convict an 18 year old male for sending a friend request in social networking site Facebook.
1,000 Instagram likes is worth USD30 with new fraud twist
According to cyber experts at RSA, the Zeus virus, widely utilized to embezzle credit card data, was recently altered to generate fake likes in Instagram and other social media sites.
NY Times website goes offline, sets off losses
The losses sustained by the owners of the NY Times because of the website being down is still to be calculated.
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Facebook revealed the number of daily users from the US and UK to attract advertisers in spending more money in the social network.
Yelp added a new functionality, allowing everyone to write and edit full reviews through the Yelp mobile app.
Sheryl Sandberg sold around USD91 million worth of shares in the social networking site after Facebook topped its initial public offering price for the first time since May last year.
Facebook announced that it would acquire Mobile Technologies, a company focused in developing voice translation software.
The social media giant was the showcase for a murder and money. Facebook is again the venue of a chilling act. Derek Medina posted Thursday a chilling photograph that his friends and family would never forget.
Analyst Aaron Kessler said internet stocks' gains would continue because investors were more confident in new business models like mobile and community advertising.
Investors examined Facebook's price to earnings ratio and found that US$38 each share was overvalued.
Fusion-io posted a large quarterly loss due to advertising costs and expenditures associated with the absorption of NexGen Storage's workers.
Facebook paid US$1 million to security researchers for the last two years. Facebook, a social networking titan, said it paid more than US$1 million to security researchers within the last two years.
