MAJOR COMPANIES
· Yahoo sells half its stake in China's Alibaba for $7.1B
· FB Stock price plunges in early trading
· Morgan Stanley bought huge amount of FB stock to support the IPO
START UPS
· FB acquires social gifting app Karma
· Tremor launches mobile app builder platform
· VPN maker Anchor Free raises $53M from Goldman
AGENCIES AND BRANDS
· Penney's remains committed to its reinvention plan
· Pinterest popularity hurting advertiser interest in G+
RESEARCH
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