Facebook Gets Native Android App and 4 Social Media Stocks See Action
Facebook, Inc. (NASDAQ:FB): Four months after Facebook released a native app for iOS, a corresponding Android version is available. The app, written with native code (instead of HTML 5) that the company says is twice as fast as the previous app, has no significant new features other than faster response times for viewing and scrolling through your news feed, photos, and Timeline.
LinkedIn Corporation (NYSE:LNKD) continues to be the most liked brand on its own social media networking site, reports a ranking by Track Social. Those brands whose posts generate more likes on Linkedin are all B2B, according to a ranking by the social media analytics consultant, according to the Silicon Valley/San Jose Business Journal.
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Groupon, Inc. (NASDAQ:GRPN) CEO Andrew Mason elaborated upon the company’s intentions for the expansion into the payments processing segment. As Groupon has no plans to introduce a card of sorts, investors may place greater focus on margins as a broader push into the small business payments arena continues.
Pandora Media, Inc. (NYSE:P) officially returned to Australia following its five-year battle with local rights agencies regarding royalty payments. This will be the first time the internet radio site expanded out of the US since it became involved in licensing issues preventing the company from entering new markets. This week, the company’s founder, Tim Westergren, officially relaunched local operations at the Opera House in Sydney.
Zynga, Inc. (NASDAQ:ZNGA) saw some difficulties during 2012, but there is some optimism due to the news that one of its games was the highest grossing iPhone game for the year on the UK and US App Stores. However, this is not a new game. Poker by Zynga was released in May 2010, but it continues to be comfortable in its top spot in Apple’s Top Grossing iPhone games chart for 2012.
Investing Insights: Is Good New Bad News for Zynga Investors?