Tech Business Review: Facebook Will Charge For Offers, Intel Will Partner With Cisco

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

These were Thursday’s top stories:

Facebook (NASDAQ:FB) reports that it will begin charging businesses for its Offers product, which permits businesses to publish promotions in their fans’ news feeds, while at the same time enlarging its availability to include online-only businesses. The product presents a form of indirect rivalry to Groupon, Inc. (NASDAQ:GRPN). Meanwhile, Facebook has recruited Netflix, Inc. (NASDAQ:NFLX) engineering Vice President John Ciancutti to become its director of engineering.

Don’t Miss: Groupon Starts Dealing With Mobile Payments.

Intel Corporation (NASDAQ:INTC) is readying itself to partner with Cisco Systems, Inc. (NASDAQ:CSCO) through which arrangement it would manufacture the latter’s custom processors, according to Piper. Further, Intel believes that such a deal could bring $1 billion per year.

Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business