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Foursquare Gets $41 Million in Funding to Help Build the ‘Location Layer for the Internet,’ Better Monetize

Foursquare Gets $41 Million in Funding to Help Build the ‘Location Layer for the Internet,’ Better Monetize

By Josh Wolford April 11, 2013

Foursquare has announced that the company has secured $41 million in funding from private equity firm Silver Lake Waterman, as well as existing investors Andreessen Horowitz, O’Reilly AlphaTech Ventures, Spark Capital, and Union Square Ventures. CEO Dennis Crowley announced the …

LivingSocial Not in a Hurry to Go Public LivingSocial Not in a Hurry to Go Public

In light of the totally botched Facebook IPO, it’s no wonder many tech companies are in no hurry to go public. According to LivingSocial CEO Tim O’Shaugnessy, you can add LivingSocial to that list. Despite recent losses for the company, …

Google Stock Split Ensures Continued Control Google Stock Split Ensures Continued Control
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Yesterday, at Google’s annual shareholders meeting, a decision to split stock and introduce a new class of non-voting stock was approved. The good news for the company’s co-founders, Larry Page and Sergey Brin, they maintain their majority 56 percent voting …

Mark Cuban Admits He Was Wrong About Facebook Mark Cuban Admits He Was Wrong About Facebook
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Mark Cuban, who has been a steadfast supporter of Facebook throughout the IPO process, and an investor who purchased 150,000 shares of the company, is coming forward today to say he was wrong about the company. He has decided to …

Nasdaq Glitch Blamed for Botched Facebook's IPO Nasdaq Glitch Blamed for Botched Facebook's IPO

As we reported on Friday, Nasdaq is getting the blame for Facebook’s botched IPO launch and the subsequent poor trading performance in the days that followed. The remarks come from a court filing by Facebook and Morgan Stanley who seek …

Groupon Gets an Upgrade to Overweight Groupon Gets an Upgrade to Overweight
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Groupon shares are on the rise this morning as after Morgan Stanley analyst, Scott Devitt, raised the company’s status from Equal Weight to Overweight. Despite closing just above $10 per share on Friday, early morning trading reached as high as …

Why Facebook Isn’t a Bad Investment for Everyone Why Facebook Isn’t a Bad Investment for Everyone

Back on the 12th of June, Harvard Business Review (HBR) published an article explaining how so many investors were enticed by Facebook’s public offering and why it wasn’t a good idea, according to their principals of investment, to jump on …

Noteworthy Videos
Facebook Wants to Consolidate IPO Lawsuits Facebook Wants to Consolidate IPO Lawsuits

The one month anniversary of Facebook’s much anticipated initial public offering is close at hand, and the social networking giant has yet to address investor concern or the countless lawsuits which have been filed against the Nasdaq, Mark Zuckerberg, or …

Apple's Decision to Go with TomTom: Stocks Soar Apple's Decision to Go with TomTom: Stocks Soar

If you were following our coverage of the 2012 Worldwide Developers Conference yesterday, you know that Apple revealed some great new innovations including the Beta version of iOS6, released to developers last night. Those familiar with the previous version will …

UBS Lost $350 Million on Facebook IPO Trades UBS Lost $350 Million on Facebook IPO Trades
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Earlier this week we reported that the Nasdaq stock exchange had set aside $40 million to compensate investors who were hurt financially by the computer glitch that plagued Facebook trading early on during the IPO launch. You might recall, the …

Facebook Stock Rises after ComScore Finds Ads Work Facebook Stock Rises after ComScore Finds Ads Work
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Yesterday, ComScore released details of their latest study on Facebook advertising and the news is pretty good. Despite many claims and self-report surveys declaring the ads simply don’t work, research suggests repeated exposure to branded messages, does in fact, impact …

Nasdaq Scrutinized for Facebook Compensation Nasdaq Scrutinized for Facebook Compensation

Yesterday, Nasdaq announced it was finally making some reparations to investors who were effected by the mysterious computer glitch that plagued Facebook trading the morning of the IPO launch. You might recall, they set aside over $40 million in order …

Facebook Stock on the Rise to over $27 Facebook Stock on the Rise to over $27
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Good news all the way around for Facebook investors. Despite sluggish trading and constantly declining stock prices, today’s trading took a turn for the better. While trading started out at a record low $25.52, it actually jumped up to over …

Could Twitter be Acquired by Google? Could Twitter be Acquired by Google?
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Could Twitter be acquired by Google? It seems like a rather outlandish idea, but thanks to the recent flop by Facebook in their efforts to go public, smaller internet companies like Twitter may find acquisition by an established giant like …

Facebook Stocks Finds New Low at $25.75 Facebook Stocks Finds New Low at $25.75
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It seems like everyday marks a new low for the folks over at Facebook. Today, stock prices slipped below the $26 mark to $25.75. Considering shares started out at $38, I would say the IPO has lost almost all of …

Groupon's worth Less Than What Google Offered Groupon's worth Less Than What Google Offered

Groupon had their opportunity back in 2010. Google offered to buy their company for a whopping $6 billion, but they decided to fight the good fight and go public. The bad news for Groupon and their investors is that shares …

RIM’s $10 Stock: Lowest Price in Nearly a Decade RIM’s $10 Stock: Lowest Price in Nearly a Decade
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With the release of the new BlackBerry 10 looming in the distance, Research in Motion (RIM) is struggling to keep its head above water. Shares of the company are presently trading at about $9.70, which is almost the lowest price …