4 Companies Riding Facebook’s Wave



Mark Zuckerberg, founder and CEO of Facebook

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Facebook’s $5 billion IPO won’t just impact its thousands of employees and corporate culture. The effects will be much more far reaching, touching hundreds of companies that rely on the platform — many of which are already benefiting from buzz surrounding the year’s most talked about public offering.

Here are four of them:

1. Zynga (ZNGA)

Social gaming firm Zynga is responsible for 12% of Facebook’s revenue through its titles like FarmVille and Mafia Wars. This accounted for roughly $444 million last year, with Facebook’s revenue totaling $3.7 billion. Facebook makes money through Zynga by taking a 30% cut of each virtual good transaction, as well as through advertising.

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There are both risks and rewards to Facebook’s relationship with Zynga. The social network’s revenue could be adversely affected if Zynga decides not to feature its games on the Facebook platform. Zynga has recently tried to shift from what some have criticized as its over-reliance on Facebook to mobile-based games.

Shares of Zynga were rising 15.6% in late morning trading on Thursday to $12.27.

2. Fusion.io (FIO)

Enterprise storage company Fusion.io counts Facebook as one of its largest customers. The company’s technology powers about 80% of Facebook’s servers, and the social network comprised nearly half of its revenue last year.

But Fusion.io also warned in its own S-1 filing last year that revenue from Facebook will “decline significantly” during the three months ending June 30, 2011, as the company finishes rolling out its infrastructure.

Article source: http://www.forbes.com/sites/thestreet/2012/02/06/4-companies-riding-facebooks-wave/

Zynga and LinkedIn — Social Media Stocks on the Upswing as Facebook Files IPO

Greek Default: Is There a Right Time?CNBC

A Citigroup credit analyst says the timing may be the best possible for Greece to strategically default.

Article source: http://finance.yahoo.com/news/zynga-linkedin-social-media-stocks-132000361.html

Perception, Opportunity in Volatility

HONG KONG–(Marketwire -02/06/12)- This morning, www.MarketFoundations.com announced new reports highlighting Zynga Inc (NASDAQ: ZNGA – News) and Gilead Sciences, Inc. (NASDAQ: GILD – News). Free research downloads are available at www.MarketFoundations.com/index.php?coa=ZNGAcob=GILD.

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experienced in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential — there remains strong opportunity within careful discretion.

Market Foundations is releasing new coverage on Zynga Inc for its current position within the technology industry. Zynga Inc. (Zynga), formerly Presidio Media LLC, is a social game developer with 232 million average monthly active users (MAUs) in 166 countries. The Company‘s games are accessible on Facebook, other social networks and mobile platforms to players globally, wherever and whenever they want. It operates its games as live services. The full research report on Zynga Inc (NASDAQ: ZNGA – News) is available here: www.MarketFoundations.com/index.php?coa=ZNGA.

Market Foundations has released research on Gilead Sciences, Inc. for its changing role within the healthcare industry. Gilead Sciences, Inc. (Gilead) is a biopharmaceutical company. The Company focuses on the development and commercialization of human therapeutics for life threatening diseases. The Company has operations in North America, Europe and Asia Pacific. The Company’s products include Truvada, Atripla, Viread, Emtriva, Hepsera, AmBisome, Letairis, Ranexa, Vistide and Cayston. The full research report on Gilead Sciences, Inc. (NASDAQ: GILD – News) is available here: www.MarketFoundations.com/index.php?cob=GILD.

About Market Foundations
By providing members with financial information services, we provide the foundation investors need to build investing intelligence. The difference between consistently making good investments or bad investments is nothing more than the right information at the right time.

Article source: http://finance.yahoo.com/news/perception-opportunity-volatility-research-analysis-140000864.html

Zynga Set to Ride on Facebook's Coattails: Analyst



When
Facebook embarks on what will be the largest Internet IPO ever, the social media sector is bound to feel a ripple effect. Social game developer Zynga is one of the best positioned stocks to ride the wave, according to analyst Daniel Ernst of Hudson Square Research. 

“The Facebook filing revealed just how important Zynga is to Facebook. It’s 12 percent of revenues. The relationship is symbiotic,” said Ernst.

So far, shares of Zynga
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have shot up from $2.42 to $42.74 since Jan. 26 on the run up to Facebook’s IPO filing.

The danger is that Zynga’s potential upside has already been priced in. Another concern is that the social media site is its lifeline: Facebook accounts for roughly 95 percent of Zynga’s revenue.

But Zynga has something else Facebook wants: The ability to make money on mobile devices.

“Some of most popular apps on the iPhone and Android have been Zynga apps, like ‘Words with Friends.’ Its free to play, but you buy credits inside the game,” He recalled. “It’s what got actor Alec Baldwin kicked off an airplane in December.”

Facebook has yet to monetize visits from mobile users, which has some speculating that Zynga could soon be a takeover target. But Ernst doubts it.

“Ultimately in tech, you want to be the platform — you don’t want to compete too much with the people that leverage it. If (Facebook buys) Zynga, they might scare off other app developers,” he added.

Conventional wisdom, however, may not apply to CEO Mark Zuckerberg, who coined Facebook’s motto: “Move fast and break things.”

Additional News: Amid Facebook IPO Hype, Pros Pass on Zynga

Additional Views: ‘I Would Not Buy Facebook’: Rogers

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CNBC Data Pages:

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Disclosures:

Daniel Ernst does not own shares of Zynga or Facebook. 

Disclaimer

Article source: http://www.cnbc.com/id/46281681

Chat at noon: IU basketball

You can now see Indystar.com in a format specifically designed for your tablet. Experience the best local news, video, and photos in a beautiful finger-friendly interface.

You will only see this screen once. You can always browse directly to Tablet.Indystar.com or Indystar.com depending on which version you want to see.

Article source: http://www.indystar.com/article/20120206/NEWS/120206026

Live Chat at 2 pm ET: Hockey Day In Canada

Hosted by Ron MacLean, Stolen From a Hockey Card is a hockey-themed concert which will pay tribute to Canada’s love and passion for the game of hockey. The impressive all-Canadian line-up of artists for the concert includes songstress Sarah Harmer, Chris Murphy (Sloan), Lennie Gallant, Stephen Stanley (Lowest of the Low), Carmen Townsend, Liam Corcoran (Two Hours Traffic), Bidiniband and former New York Islanders great and Hockey Hall of Fame member Bryan Trottier. Each artist will write their own hockey-themed song which they will perform for the first time as part of the concert. In addition to their newly-written hockey song, each artist will also perform one of their own original songs.

Article source: http://www.cbc.ca/sports/hockey/hockeydayincanada/hockeycardconcert.html?cmp=rss

Chat@noon – Tech, IT job

Patricia Hunt Sinacole is president of First Beacon Group LLC, a human resources consulting firm in Hopkinton. She works with clients across many industries including technology, biotech and medical devices, financial services, and healthcare, and has over 20 years of human resources experience.

Elaine Varelas is managing partner at Keystone Partners, a career management firm in Boston and serves on the board of Career Partners International.

Cindy Atoji Keene is a freelance journalist with more
than 25 years experience. E-mail her directly here.

Peter Post is the author of “The Etiquette Advantage in
Business.” Email questions about business etiquette to him directly here.

Paul Hellman is the founder of Express Potential, which specializes in executive communication skills. He consults and speaks internationally on how to capture attention influence others. Email him directly here.

Article source: http://www.boston.com/jobs/news/jobdoc/2012/02/live_chat_resumes_interviews_a.html

Facebook and Twitter are more addictive than cigarettes or alcohol, study finds

Technology – SCITECH

By Zach Epstein

Published February 06, 2012

| BGR

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    AP

    A time-wasting addiction?

A new study suggests that social networking services such as Facebook and Twitter are more difficult to resist than cigarettes or alcohol.

A team from the University of Chicago’s Booth School of Business recently conducted an experiment involving 205 people in Wurtzburg, Germany to analyze the addictive properties of social media and other vices.

Participants in the week-long study were polled via BlackBerry smartphones seven times per day and asked to report when they experienced a desire within the past 30 minutes, and whether or not the succumbed to that desire. They were also asked to gauge each desire on a scale from mild to “irresistible.”

In total, 10,558 responses were recorded and a total of 7,827 “desire episodes” were reported by participants. The results of the team’s study will soon be published in the Psychological Science journal, however preliminary data provided to The Guardian suggests the highest rate of “self-control failures” were tied to social media services.

“Modern life is a welter of assorted desires marked by frequent conflict and resistance, the latter with uneven success,” said Wilhelm Hofmann, the leader of team conducting the study. Hofmann suggests people may fail to resist social media so much because there is no obvious or immediate downside to checking services like Twitter or Facebook. He does warn that these services can ultimately be a huge drain on users’ time, however.

“Desires for media may be comparatively harder to resist because of their high availability and also because it feels like it does not ‘cost much’ to engage in these activities, even though one wants to resist,” Hofmann said.

”With cigarettes and alcohol there are more costs – long-term as well as monetary – and the opportunity may not always be the right one. So, even though giving in to media desires is certainly less consequential, the frequent use may still ‘steal’ a lot of people’s time.”

This content was originally published on BGR.com

More news from BGR:
- Samsung airs $10 million anti-iPhone ad during Super Bowl [video]
- Samsung’s quad-core Galaxy S III reportedly just 7mm thick, set to launch in May
- Lawmaker launches assault on violent video games

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Article source: http://www.foxnews.com/scitech/2012/02/06/facebook-and-twitter-are-more-addictive-than-cigarettes-or-alcohol-study-finds/

No, Facebook doesn’t owe you money

The New York Times today published an article titled “Disruptions: Facebook Users Ask, ‘Where’s Our Cut?’” The main argument appears to be: since Facebook makes money primarily from advertising centered on user content, the company therefore owes each and every one of its 845 million users a cut of its profits. Here’s the introduction:

By my calculation, Mark Zuckerberg, Facebook’s founder and chief executive, owes me about $50.

Without me, and the other 844,999,999 people poking, liking and sharing on the site, Facebook would look like a scene from the postapocalyptic movie “The Day After Tomorrow”: bleak, desolate and really quite sad. (Or MySpace, if that is easier to imagine.) Facebook surely would never be valued at anything close to $100 billion, which it very well could be in its coming initial public offering.

In the company’s S-1 filing, submitted to the Securities and Exchange Commission this week, Facebook boasts about its statistics: annually, people “like” one trillion things; 91 billion photos are uploaded; half a billion people use Facebook on mobile phones; and hundreds of millions are annoyingly “poked.”

So all this leaves me with a question: Where’s my cut? I helped build this thing, too. Facebook laid the foundation of the house and put in the plumbing, but we put up the walls, picked out the furniture, painted and hung photos, and invited everyone over for dinner parties.

Facebook is the biggest private-turning-public company where content is created by its users. As such, the argument is that the company should pay you, in return for making money from its ads based on you, or charge you and not make any money from your content. It’s a nice idea because, hey… who doesn’t want to get a cheque from Facebook?

Sorry, but that’s not how Facebook’s business works. While the above Jimmy Kimmel Live video is quite amusing, it also summarizes my counter point quite succinctly: Facebook does not force you to use its service.

You don’t have to sign up, you don’t have to friend anyone, and you don’t have to share content on the site. If you want to, you can do so, but that’s your choice. Furthermore, as long as there are ads on Facebook, it will remain free.

It’s understood that when you hand over data to Facebook, the company will use it to serve up ads to you. In return, you get to keep using Facebook without paying anything. Facebook is attractive as a free service. Users find the social network amazing, amusing, alienating, addictive, annoying, and so on. In short, they keep coming back because they gain from it more than they lose… it’s social.

I understand the advantage of having a premium version of Facebook, much like LinkedIn does. It would be nice to completely opt-out of Facebook ads and cookie tracking, although I’m not sure how many would do that for a price. Either way, you can’t do that right now.

If you don’t like that, quit Facebook. You’re allowed to leave. Just remember that even if you do, Facebook is here to stay.

See also:

Article source: http://www.zdnet.com/blog/facebook/no-facebook-doesnt-owe-you-money/8664

Facebook, Google remove content


NEW DELHI/BANGALORE |
Mon Feb 6, 2012 9:05pm IST

NEW DELHI/BANGALORE (Reuters) – Internet giants Google Inc (GOOG.O) and Facebook removed content from some Indian domain websites on Monday following a court directive warning them of a crackdown “like China” if they did not take steps to protect religious sensibilities.

The two are among 21 companies ordered to develop a mechanism to block material considered religiously offensive after private petitioners took them to court over images deemed offensive to Hindus, Muslims and Christians.

Two cases have been brought by individuals against internet companies in India, stoking fears about censorship in the world’s largest democracy.

“(Our) review team has looked at the content and disabled this content from the local domains of (Google) search, Youtube and Blogger,” Google spokeswoman Paroma Roy Chowdhury said.

At the heart of the dispute is a law that India passed last year making companies responsible for user content posted on their websites, and giving them 36 hours to take down content if there is a complaint.

Last month, the companies said it was not possible for them to block content. Google’s Roy Chowdhury declined to comment on what had since been removed, and a Facebook representative said only that the company would release a statement later.

A New Delhi lower court hearing one of the cases, a civil suit brought by an Islamic scholar, told the companies on Monday to put in writing the steps they had taken to block offensive content, and submit reports within 15 days.

“Microsoft has filed an application for rejection of the suit on the grounds that it disclosed no cause of action against Microsoft,” a spokesperson for the company said. “The matter is sub judice and no further comments can be given.”

That suit was brought by scholar, Mufti Aijaz Arshad Qasm, who runs a website called fatwaonline.org that gives answers to moral questions.

Google, Facebook, Yahoo! (YHOO.O) and Microsoft (MSFT.O) have appealed in the Delhi High Court against a separate criminal case successfully brought by journalist Vinay Rai.

The High Court has yet to rule on their appeal, but the sitting judge warned in January they were responsible for content on their websites and said he could block sites “like China” if they did not get their house in order.

In the Rai case, the court ordered the companies to stand trial for offences relating to the distribution of obscene material to minors, after being shown images it said were offensive to Prophet Mohammed, Jesus and various Hindu gods and goddesses, as well as several political leaders.

“If the companies have actually removed some content, they should put in place a mechanism to do it regularly, instead of waiting for a court case every time,” Rai told Reuters.

Fewer than one in 10 of India’s 1.2 billion population has access to the Internet, but that still makes it the third-biggest Internet market after China and the United States. The number of Internet users in India is expected to almost triple to 300 million over the next three years.

Despite the new rules to block offensive content, India’s Internet access is still largely uncensored, in contrast to the tight controls in neighbouring China. But like many other governments around the world, India has become increasingly nervous about the power of social media.

While civil rights groups have opposed the new laws, politicians say posting offensive images in a socially conservative country, which has a history of violence between religious groups, presents a danger to the public.

(Additional reporting by Annie Banerji and Suchitra Mohanty in NEW DELHI; Editing by John Chalmers and Mark Potter)

Article source: http://in.reuters.com/article/2012/02/06/india-internet-idINDEE8150AP20120206

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