Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Best of the Blogs: Facebook Allows Marketers to Purchase Sponsored Stories for the Site's News Feed


Plus, Facebook's IPO may hurt Silicon Valley start-ups' ability to raise capital.

This column highlights the most interesting and useful business and financial commentary from around the Web each day. Use our comments section to post your own suggestions for blog content that you've read or written.
Link: Facebook Launches First Mobile Ad Product

"Marketers can now buy Facebook (FB) Sponsored Stories for the News Feed - both on the desktop and on mobile devices.
Facebook's first mobile ad product is a significant move for the company. Since filing for an initial public offering in February, both investors and Facebook itself have cited mobile as an potential impediment to the company's revenue prospects." (Also see: Congressional Candidate Caught Buying 'Likes' on Facebook.)

The New York Times: DealBook
Link: In Silicon Valley, Weighing the Fallout From Facebook

"As painful as it must be for Facebook's new investors, it is also a black eye for Silicon Valley's start-ups, hoping to raise capital. In the leadup to Facebook's initial public offering, several start-ups raised tens of millions of dollars at high valuations. Quora, the question-and-answer site founded by a former Facebook executive, Adam D'Angelo, raised $50 million in May at a $400 million valuation - despite a lack of profits."

Zero Hedge
Link: Goldman On Housing's False Dawn

"Recent housing data have been generally been encouraging. However, the large number of residential properties that are "underwater"-meaning the borrower owes more on the mortgage than the property is worth-casts a long shadow on the sustainability of the housing recovery. Goldman (GS) estimates that approximately 10 million properties are currently underwater. Although this number has not changed much during the past three years, there is much divergence across the nation: California, Michigan, and Arizona, for example, experienced significant improvement, while Georgia, Utah, and Missouri saw many more properties falling underwater during this period."

All Things D
Link: Kindle Fire Not Exactly Burning Up US Tablet Market

"Though its launch commanded a lot of consumer attention, demand for Amazon's (AMZN) Kindle Fire appears to be declining - precipitously. Last month IDC published research indicating that global Fire shipments had fallen from 4.8 million units in the fourth quarter of 2011 to fewer than 750,000 units last quarter. Now comes further confirmation of that decline."

The Big Picture
Link: Uncollateralized Trillion Euro Perpetual Zero Coupon

"Mike [Belkin] imagines a trillion Euro perpetual zero coupon offered by Goldman Sachs, proceeds of which will be invested in Bailing Wire, Chewing Gum, Toasters, Facebook Shares and Circular Wire Transfers, which if you have to ask then you don't want to know."

Twitter: @ChrisWitrak
< Previous
  • 1
Next >
No positions in stocks mentioned.
Featured Videos