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5 Reasons Nobody Should Be Surprised Zynga Laid Off 18 Percent Of Its Workforce

Zynga laid off hundreds of employees this week.  Here’s why: Zynga is letting go of 18 percent of its total workforce and is closing its offices in New York, LA, and Dallas.  This suggests the social gaming sector is contracting and less profitable than previously anticipated.  Here are 4 reasons Zynga laid off workers this week and
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NASDAQ Fined $10 Million Over Botched Facebook IPO

So It Wasn’t All Facebook’s Fault? Remember the Facebook IPO that many, including Abmuku.com thought was bungled because traders couldn’t figure out if the orders had been executed or not? It looks like the market exchange responsible for the botched trades and lack of information, the NASDAQ that mainly features high tech companies, will have
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Facebook IPO, 1 Year Later Lessons Learned

What Can We Learn A Year After The Facebook IPO? Facebook just celebrated the one year anniversary of its IPO on May 18, 2012.  The initial public offering was fraught with missteps and many argue the price was too high.  The demand was much lower than anticipated and Facebook shares took a pummeling since investors have never been happy
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Sergio Gracia’s Fried Chicken Remark Makes Him Social Media’s Dumbest Athlete In A While:

Sergio Gracia’s Fried Chicken Remark Makes Him Social Media’s Dumbest Athlete In A While: Sergio Garcia, who perennially loses to fellow golfer Tiger Woods, popped off at the mouth stating he would be willing to have dinner with Tiger Woods but used racism to prove a foolish point.  Social Media went wild with Garcia’s comments and he’s
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Yahoo Buys Tumblr, But Was It A Good Move?

Was Yahoo’s Latest Social Media Acquisition A Good Buy? Yahoo is making headlines again.  This time it’s because Marissa Mayer and company have purchased social media upstart Tumblr. Analysts were shocked but I’m not surprised Yahoo made a social media play, they have no mobile so they needed a more modern revenue stream away from
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Google Launches New Music Service To Compete With Spotify, Can It Work?

Google Looks To Enter The Social Media Music Market: Google has built a reputation on search engine technology but critics maintain they’ve used their dominance to start other businesses that compete directly with competitors as second movers.  From Google+ to Google Play, the company has made new startups nervous when they enter the market.  This
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Twitter Buys Lucky Sort: Here’s Why

Big Data and Social Media Will Expand Together: Twitter, the social media giant that allows users to send short 140 character messages has just purchased Lucky Sort the provider of big data services. The symmetry between the two companies isn’t obvious at first but considering Twitter is collecting tons of data from daily tweets, the
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5 Important Groupon Earnings Highlights For The 1st Quarter 2013 Worth Focusing On

Groupon Surges On Smaller 1st 2013 Quarter Losses: Earnings Highlights: Groupon, the largest daily deals provider, posted a smaller than expected loss that sent shares soaring in the after-hours session.  Groupon reported improved sales as well as mobile growth and the news got Wall Street analysts excited about the company’s prospects after several quarters of
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3 Reasons Why Pandora Shares Jumped After Solid 4th Quarter Earnings Released May 2013

Pandora Shares Rise 18 Percent After 4th Quarter Earnings Released: Pandora has been shaking things up in the music business ever since they became one of the largest content streamers in the U.S.  Pandora is a free music internet radio company that specializes in fine tuning user music preferences over time.  Users create radio stations
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Yahoo Joins The Likes Of Netflix With Original Programming, Can It Work?

Direct it online/via mobile and they will come? Yahoo announced plans to offer content last week which stunned some observers but not us, we knew Yahoo was transforming to a content/media distribution company – see more here. They have a partnership with Conde Nast as well as the WWE to provide premium content and more
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LinkedIn 1st Quarter 2013 Profits Jump, 3 Reasons The Stock Didn’t

LinkedIn Shares Drop 9 percent after Q1 2013 Earnings Report: LinkedIn, the world’s largest professional social media network, reported stellar earnings today but the stock market wasn’t receptive. The company raised the full year guidance from $1.43 billion to $1.46 but the company expects less revenue than analysts were expecting.  LinkedIn expects to generate $342
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Facebook 1st Quarter Earnings 2013 Highlights And Outlook

Facebook Makes More Money Via Mobile In The First 3 Months Of 2013: Facebook’s earnings were released yesterday and the news was positive for social mobile media.  Facebook is now getting more advertising dollars from mobile applications and this is going a long way to help the bottom line.   Facebook had no ads last
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Twitter Tells Media More Hacking Attacks Probable: Here’s What To Do

Change Twitter Passwords Frequently And Don’t Reuse Them: Twitter Inc has reached out to members of the press to let them know they are expecting more attacks.  This comes just a few days after a fake posting from the Associated Press Twitter account sent the stock market sharply lower.  News organizations, media and other should
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AP Twitter Account Hacked, Tweet States Barack Obama Injured, White House Explosion: 5 Lessons Learned

Social Media’s Benefits Are Also Its Perils: A fake tweet can cause lots of havoc. No matter how off base a rumor is, it can have a significant impact if it affects financial markets. That’s what happened today when a fake tweet from the Associated Press shook the social media and financial community . The
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5 Reasons Twitter #Music May Be The 1st Success Of Social Music Media

Twitter #Music Could Be A Promising Promotional Tool For Indie Artists: Is Twitter #Music the perfect combination of social music media? Finally, the combination of social media and music is here – again?  Twitter has just launched Twitter#Music and it’s becoming a hit with indie artists looking to get new fans.  Twitter has taken advantage of
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Google First Quarter 2013 Average Cost Per Click Decreases 4 Percent, Here’s Why

More Reasons Google’s Average Cost Per Click Won’t Turn Positive Anytime Soon: Google reported quarterly earnings today that beat most expectations although average costs per click decreased.  For the first quarter of 2013, Google’s revenue grew 22 percent when costs are excluded.  Average costs per click decreased which has been occurring for several quarters. We
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Boston Marathon Bombing Pictures, Videos Shock Social Media: The Pros And Cons

Social Media Pictures of Boston Marathon Bombing Show Pros & Cons of Networking Online: At around 2:50 yesterday, 2 bombs exploded one after another within seconds at the Boston Marathon 2013. The blasts caused havoc as runners were nearing the finish line at the 4 hour and 10 minute mark in the busiest part of
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LinkedIn Buys Pulse For $90 Million As It Goes After Content, Publishers

Is LinkedIn looking to become the next ‘Huffington Post’? LinkedIn, the number one social media platform for professionals has just purchased Pulse.  Pulse is a popular mobile application that aggregates news articles and features them in an easy to read mobile view. The move comes two weeks after Yahoo purchased ‘Summly’ from a 17 year old
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Will The Facebook Phone Unseat Google’s Mobile Search Dominance?

If the Facebook Phone Is A Success, It Will Help & Hurt Google: Facebook unveiled its new phone last week that will give users the opportunity to go straight to the social media site quickly from various smartphones.  The Facebook ‘Home’ feature will be available on Android software enabled smartphones, a platform created by Google
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Twitter May Have 20 Million Fake Users, But Does It Matter?

Twitter has a total of 500 million users and 4 percent of them are fake. A perennial problem for social media sites is fake users.  As social media sites expand, the profitability of spamming and or creating fake users grows.  It’s usually not a problem until bots mess up the engagement metrics and users can’t
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