Facebook’s Desktop Ad Revenue Grew Only $69M In Q2, Mobile Rev To Outpace Desktop By EOY 2013

Facebook stunned yesterday with its report that mobile advertising represented 41 percent of its total ad revenue in the second quarter of 2013. In the first quarter of 2013, it totaled a then-hailed 30 percent, bumping that key ratio by more than a third in just a fourth of a year. On a dollar basis, … Continue reading

Personalized Financial Planning Service LearnVest Raises $16.5M From Accel, American Express And Others

LearnVest, a personalized financial planning program, has raised $16.5 million in strategic funding from existing investor Accel Partners, and new investors: American Express Ventures; Claritas Capital; Ed Mathias, founding member of The Carlyle Group; and Todd Ruppert, Former CEO & President of T. Rowe Price Global Investment Services. This brings the startup’s total funding to … Continue reading

After Losing Nearly Half Its Users In A Year, Investors Dock Zynga’s Valuation By $400 Million

It is not a good day to be Zynga, or one of its investors if you held stock in the firm yesterday. Following a decidedly negative earnings report, investors have unloaded the firm’s shares, sending them down around 15 percent in regular trading. That loss comes after Zynga’s stock price rose in the wake of … Continue reading

Michael Dell Vows To Stay At Dell Regardless Of The Outcome Of His Offer To Take The Firm Private

After promising to sell his shares at a discount and increasing the price of his offer, Michael Dell, founder of Dell, has today vowed to stay at the firm regardless of the success of his bid to take the company private. This is not a surprise, given that Dell owns a large equity stake in … Continue reading

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