Monday, May 21, 2012

Industry News For 05212012

MAJOR COMPANIES

·         Chrome now #1 Browser

·         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

·         XFire raises $3M

·         VPN maker Anchor Free raises $53M from Goldman

·         Fab.com his 4.5M members

AGENCIES AND BRANDS

·         Dandruff wars

·         Penney's remains committed to its reinvention plan

·         Pinterest popularity hurting advertiser interest in G+

RESEARCH

·         Local social spend to surge

No comments:

Post a Comment

Because people have been abusing the comment platform to place phony links to deceptive sites, I am now moderating all comments. If your comment is legit and contains a relevant link, it will be published.