Your Money: Trashing your ex on Facebook may cost you
(Reuters) - The old maxim goes: If you can't say anything nice, don't say anything at all. For divorcing spouses, that may actually constitute legal advice in these days where Internet and social...
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Found more than 1 month ago on channel
Reuters
Dear Facebook, It Could Really Be This Simple
“The one positive thing that this week has so far thrown light on is that there is a widespread recognition that things cannot stay the same.” — Keith Teare Oh ye of little faith: For the many of us who BELIEVE in Consumer Internet, it’s so painful to watch the Facebook/Groupon/Zynga stock trainwreck continue, with Facebook shares slipping to below $20.00 today, the lowest they’ve ever been. Shares slipped so much this afternoon that even our head-over-heels-in-love with-Facebook guy offered the former startup some monetization advice earlier, and if I were Facebook I would take it. The concerns about Facebook’s viability as a company have been hashed and rehashed by people barely if at all qualified to do so. At this point, we underqualified tech writers know them by heart: It basically boils down to mobile insecurity, a 1/58 price-to-earnings ratio and whatever “I don’t trust Zuck” means, which makes old fogies my parents conservative investors nervous. But, the moment ...
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Is The Next Big Game Company In The Middle East? Peak Hits 9.5M DAU, Revenue Up 600% Since Jan. 1
Over the last several months, the biggest Western social gaming companies have been making moves, and attracting attention as a result. Japanese gaming giant GREE bought Funzio for $210 million to help it move into Western markets, and Zynga grabbed Draw Something creator OMGPOP for $183 million. Meanwhile, European social gaming companies, like Sweden’s King.com and Germany’s wooga have been steadily moving up the developer leaderboards. While the bigs all focus on Western markets, Istanbul-headquartered social gaming company Peak Games is busy taking a different tack, producing titles specifically for emerging markets, like the Middle East and North Africa. And it seems to be working. With just under 30 million monthly active users (MAUs) and 9.5 million daily active users (DAUs), Peak Games said today that it has become one of the three largest social gaming platforms in the world. The company’s chief strategy officer Rina Onur says that the company has been able to do this in just ...
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