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Best of the Tech Blogs: Facebook Stock Slumps Due to Struggling Advertising Sales


Plus, both Google and Apple are targeting businessmen with new features.

This column highlights the most interesting and useful business and financial commentary about the tech sector from around the Web each day.

Bloomberg Businessweek
Link: Facebook Drops on Advertising Sales Growth Concern at BMO
"Facebook Inc. (FB) dropped to a record low on concern that businesses are spending less to advertise on the world's largest social-networking website.

"The shares of Menlo Park, California-based Facebook declined 3.6% to $18.41 at 9:35 a.m. in New York, and earlier fell as low as $18.37. Through yesterday, the stock had lost half its value since Facebook sold shares at $38 apiece in an initial public offering on May 17."

Link: New Facebook Ad Tech Will Let Advertisers Match Your Facebook Identity With Their Customer Database
"Facebook is working on new ad technology that will allow businesses you already buy from, but are not connected with on Facebook, match your email address and your Facebook identity. By connecting their customer records and your Facebook information, companies will be able to market to you better on Facebook … because they'll know much more about you."

Los Angeles Times
Link: Zynga Continues to Bleed Talent
"Zynga (ZNGA), once a magnet for game industry talent, has lost two more top executives this week amid slumping share prices.

"Bill Mooney, a studio vice president who handled the company's Zynga Game Network, and Brian Birtwistle, vice president of marketing, have turned in their resignations this week, according to a report from Bloomberg."

Link: Hello Beautiful! Nokia's Windows Phone 8 820/920 PureView Smartphones Leak
"Another day, another leak - this time, a set of new images that purportedly depict Nokia's (NOK) next set of Lumia smartphones have begun to make the rounds. Coming from a random Twitter source (planned corporate or PR leaker?), these images are reportedly of the 4.3-inch Nokia 820 and the 920 PureView, the latter of which apparently packs Nokia's super imaging system. These phones were supposed to be revealed for the first time at a September 6 event. Whoops."

Link: New Google+ Features Target Businesses
"In an effort to boost adoption of its Google+ social network, Google (GOOG) this week announced a slew of new features aimed at enticing business customers to use the service and 'go Google.'

"Citing the success other Web-based Google Apps like Gmail, Google Calendar, Google Docs and Google Drive have found amongst employers and their workers, Google Apps Product Management Director Clay Bavor detailed a slew of new Google+ features for businesses in an official Google Enterprise blog post."

News Today Digest
Link: Apple Inc. Rolls Out iOS 6 Business Update, Serving Straight to the Business Community
"Apple Inc. (AAPL) knows very well how to exploit the business potential of iOS 6. Apple Inc. is working to win the hearts of customers by providing them all possible ways, through their products, to make their lives easy.

"iOS 6 has unseen business potential, so Apple Inc is deploying the release of iOS 6 with a range of new features for business users."
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