Wall Street is responding with enthusiasm to Facebook’s earnings. Shares (NASDAQ:FB) are currently trading 22 percent above yesterday’s price. During the earnings call, the company announced that 14 percent of ad revenue are now coming from mobile ads. It is both a meaningful part of Facebook’s revenue and a shift investors were waiting for. → Read More
On Saturday, the financial magazine Barron’s published a very damaging cover story against Facebook and its business model. The article doesn’t break any news about the company, rather it sums up all the negative points that Wall Street has been discussing since Facebook’s May IPO, in a way that seems to have struck a chord with Wall Street. The result is yet another difficult day for the stock (… → Read More
Today Thanko introduced the so-called i2!, a 2.4 GHz digital wireless transmitter for portable audio players. After connecting your MP3-player to an i2!, you can share music with up to 5 people within a radius of 10m. The device features a frequency response of 10Hz-24,000Hz, a bit rate of 16bit at 48kbps Stereo and an audio latency of 20ms. 5 hours of music playback are possible after charging… → Read More
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