GM Yanks Facebook Paid Ads, Says Ads Don’t Work

Due to a lack of vim from the company’s paid ads on Facebook, General Motors is said to be planning to pull some advertising funds from the social networking site, according to the Wall Street Journal. The timing of GM’s…

Quora Raises $50 Million in Series B Funding

Quora, a sort Q&A site organized by its community of users, has just raised $50 million in Series B funding, with a valuation of $400 million. Co-founder Adam D’Angelo, former CTO at Facebook, put up $20 million of his own…

Facebook Improves Mobile News Feed

According to its mobile site, Facebook today launched a design upgrade to the News Feed for its iOS and Android mobile app. Photos are now up to three times larger, and posts span the entire screen, edge to edge. Multiple…

Facebook To Go Public on Friday?

The rumor mill is swirling as Facebook prepares to go public. According to ZDNet’s Emil Protinski, a previously reported date of May 18th could be delayed, as the Securities and Exchange Commission has yet to approve Facebook’s IPO filing after…

Zuckerberg to Investors: Facebook Mobile is Priority

It was recently reported that 54% of Facebook users access the social network via mobile devices, and the issue of how Mark Zuckerberg and Co.’s ad business is affected by mobile use was mentioned in its latest filing with the…

Zuckerberg Hoodie Debate Suggests Wall Street Has Nothing Better to Do

Zuckerberg’s hoodie and the arguments its spawned have amused me to no end. Now, I’m obviously not a Wall Street type of guy; one look at my bank account, not to mention my wardrobe (or lack thereof), suggests that I…

Twitter Could Be More Sustainable, Valuable Than Facebook

There’s something to be said about keeping it simple, and that may be the keystone to the house of Twitter’s long-term sustainability. Rory Sutherland, the influential advertiser that helped mold Microsoft into the global tech giant it is today, expects…

Evernote Raises $70M Ahead of $1B IPO

The digital note taking company Evernote has raised $70 million in its fourth round of funding ahead of its $1 billion IPO valuation, venturebeat is reporting. The private financing was led by Meritech Capital and CBC Capital. According to the…

Yelp IPO Sets Price at $15 Per Share

The Yelp IPO is on its way and they have set the price at $15 per share, which is a great sign. Initially the stock was expected to trade at $12 to $14 per share, so its priced above target,…

Is Facebook Ready To Be Public?

There’s no doubt that Facebook’s IPO is coming, but the exact timing of it is a little uncertain. Early speculations pinpointed the company to begin selling stock in May, but recent activities suggest that the sale could be delayed.