Pandora Listeners Increase and 4 Social Media Stocks Seeing Action
Facebook, Inc. (NASDAQ:FB) stated in a post credited to CEO Mark Zuckerberg: “This morning, there are more than one billion people using Facebook actively each month…I am committed to working every day to make Facebook better for you, and hopefully together one day we will be able to connect the rest of the world too.”
LinkedIn Corporation (NYSE:LNKD) CEO Weiner stated that the amount of site members is about 175 million worldwide.
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Groupon, Inc. (NASDAQ:GRPN): Olivia Munn, who is an outspoken campaigner for elephants, is trying to influence her fans to boycott Groupon after it offered reduced price promotions for circuses featuring animals. In a letter to Groupon directors, which was sent on behalf of People for the Ethical Treatment of Animals (PETA), Munn discusses concerns regarding how elephants and tigers are treated when they are made to perform in the circus.
Pandora Media, Inc. (NYSE:P) listener hours during September reached 1.15 billion, showing a 67 percent rise from last year’s 687 million. Shares of total U.S. radio listening for Pandora during September reached 6.53 percent, which has risen 4.03 percent since last year. Also, active listeners reached 58.3 million by September’s end, which is a 49 percent rise from 39 million during the same time period last year.
Zynga, Inc. (NASDAQ:ZNGA) and Atari are teaming up. Both of the video game companies are leaders of their particular fields and are very successful. Atari along with Curious Brain has begun the development of Super Bunny Breakout for iOS devices. This is an updated version of the classic Breakout, which is a simple game where players move a platform to bounce a ball and break bricks, but Atari and Curious Brain have added a story, which includes characters and a few twists to the gameplay. This will finally result in a Zynga-published title that is addictive with more depth.