Welcome to life as a public company: Facebook stock has dropped to around $20 a share, almost half its IPO price. It’s a rough time out there for social-networking stocks, including game maker Zynga, but Facebook’s slide is eye-popping.
Facebook stock has dropped to around $20 a share, almost half its IPO price. The social networking company has seen its valuation tumble to around $38 billion (according to Yahoo Finance). The stock market has soured on social networking stocks including Zynga which now trades for $2.71 a share and has a market capitalization of $2.08 billion.
Via: GigaOm
Distributed Denial-of-Service (DDoS) attacks are no longer just a nuisance of the digital underground, they’ve…
Virtual Reality (VR) promises immersion, but what if that immersion turns against you? A new…
The Tech Panda takes a look at how Indian companies are partnering with foreign businesses…
The Tech Panda takes a look at the investment temperament in the Indian startup ecosystem.…
Big Tech is no longer content with just running user feeds, they want wallets too.…
Indian shoppers could be shopping internationally using their UPI accounts sitting at home, thanks to…