One analyst thinks Facebook's massive global scale and reach could lead to $8 billion worth of display revenue by 2016.
| Tags: | FacebookTheStreetcom |
Advertising on the social network influences users to buy products in stores, according to a research report released this week.
Such a deal would let the social network's investors cash out at something close to what they were expecting.
| Tags: | AAPLFacebookTheStreetcom |
The Dow ends the week up 3.6% despite European worries. Spain is expected to seek eurozone aid to prop up its banks. McDonald's sees uncertainty hitting results, but Wal-Mart leads the blue chips. Crude oil briefly falls under $83.
CEO Dick Costolo takes an even better approach to his business than Mark Zuckerberg.
Apple, Sony and Google better watch out -- the Xbox is pushing hard to become king of the living room.
The blue chips and S&P 500 rally from early losses but end down slightly on European worries. US jobless claims rise, and worries build about Friday's jobs report. Oil falls below $87. Facebook rallies after falling under $27.
Global jitters cause investors to seek safety first. The biggest fear: How will Spanish banks survive bad loans? Oil falls below $88 a barrel. Gold tumbles, then rebounds. The euro falls to 2-year lows. Intel leads the Dow. Facebook slides again.
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