Rosenblatt Remains Bullish Ahead of Facebook's (FB) 4Q Earnings

Facebook (FB) PT Cut at SunTrust Despite Favorable Outlook Into Print

January 25, 2016 8:41 AM EST

SunTrust Robinson Humphrey analyst, Bob Peck, expects Facebook (NASDAQ: FB) to report another strong quarter driven by mobile but he cut the PT to reflect a lower market multiple.

Data from FB's PMDs suggests 4Q q/q Ad Revenue growth could be ~20%, in line... More

FBR Capital Reiterates Facebook (FB) Outperform Rating Ahead of Earnings

January 25, 2016 7:38 AM EST

FBR Capital analyst, William Bird, believes Facebook's (NASDAQ: FB) setup into the quarter is constructive and that Comscore usage trends, Nanagan's industry tracking data and the introduction of Instagram inventory bode well for the stock into earnings.

In the context of a less-than-certain macro environment, FB offers scarce large-cap media growth and attractive structural exposure to the rise in digital precision brand advertising, a... More

Top Twitter executives to leave company, CEO Dorsey tweets

January 24, 2016 3:51 PM EST

By Yasmeen Abutaleb

SAN FRANCISCo (Reuters) - Four senior Twitter executives are leaving the media company, CEO Jack Dorsey tweeted late Sunday night, the biggest leadership changes since Dorsey returned as chief executive as he struggles to revive the company's growth.

Media head Katie Jacobs Stanton, product head Kevin Weil, the head of the engineering division, Alex Roetter, and HR head Brian "Skip" Schipper will all leave the company, he said.

Addressing what he called inaccurate press rumors, Dorsey praised the four executives and said he was sad to announce their departures.

Twitter's stock has fallen... More

Yahoo to decide next strategic steps after quarterly earnings: sources

January 21, 2016 6:07 PM EST

By Liana B. Baker and Greg Roumeliotis

(Reuters) - Yahoo Inc (NASDAQ: YHOO) will decide on its next strategic steps only after releasing quarterly earnings on Feb. 2, people familiar with the matter said, as the company continues to resist investor calls to explore a sale of its core Internet assets.

Yahoo wants to gauge shareholder reaction after presenting its strategic vision during the earnings conference call, one of the people said.

Yahoo this month rebuffed several potential buyers for its core Internet assets, including private equity firms, the three... More

Facebook (FB) Takes Aim at Twitter (TWTR) with Latest Sports Initiative

January 21, 2016 12:19 PM EST

Twitter (NYSE: TWTR) shares are on watch following news that Facebook (Nasdaq: FB) is launching a real-time sports program.

According to... More

IBM buys Ustream to build on cloud offerings

January 21, 2016 11:06 AM EST

(Reuters) - International Business Machines Corp (NYSE: IBM) said on Thursday it bought Ustream Inc, an online video streaming service provider, to boost its cloud offerings for businesses.

Ustream, which counts NASA, Samsung Electronics Co Ltd , Facebook Inc (NASDAQ:... More

UPDATE: Twitter (TWTR) Poised to Open Green

January 21, 2016 8:19 AM EST

(Updated - January 21, 2016 8:28 AM EST)

Twitter (NYSE: TWTR) gained 4.5% pre-market on Thursday, with shares showing strength for the second day.

Yesterday's gains were tied in part to takeover speculation, and the company was featured in WSJ... More