Needham starts Facebook with buy, $40 price target
(Reuters) - Brokerage Needham & Co started coverage on Facebook Inc with a "buy" rating, a rare positive take on the shares of the social network after they lost nearly a fifth of their value since the company's stock started trading last Friday. Facebook should be valued based on the revenue potential from total minutes spent on the website, Needham analysts said, setting a $40 price target on the stock. Facebook shares were up 4 percent at $32.35 in early trade on the Nasdaq. ...
Google Graph Makes Search Smarter
Google's new Knowledge Graph is a new search tool that will begin rolling out starting today, and it it's meant to help you find search results faster. When you search now for popular or well-known people, places and things you'll get a box to the left of the results explaining more about that term.
Why Facebook still doesn't look cheap
If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.
Facebook and others simplify Android game distribution
It seems everyone wants to make Android app installs easier than ever, and that especially goes for games. After Amazon revealed their Test Drive feature for trying Android games before you make a purchase, Facebook is offering more details on their plans for making Android game installs as convenient as possible. Already redirecting a user to the Google Play marketplace link when accessing a game through their mobile App Center, Facebook will also add a “Send to Mobile” button on the browser version. ...
QWIKI: What's Windows 8?
!function(c,e){var b,a=c.getElementsByTagName("script")[0];if(!c.getElementById(e)){b=c.createElement("script");b.id=e;b.src="//s1.ikiwq.com/embed/2.4/embed.min.js";a.parentNode.insertBefore(b,a);}}(document,"qwiki-js"); Windows 8 is Microsoft’s next version of Windows, but it’s much more than that. It’s also the biggest change ever made to the Windows operating system we’ve all known. The main desktop has been replaced with a Start Screen or homescreen of tiles....
Microsoft sees Windows 8 as ‘rebirth’
Microsoft is betting big on its upcoming Windows 8 operating system, which looks to bridge the gap between smartphones, tablets and desktop computers. Microsoft CEO Steve Ballmer on Tuesday called the operating system a “rebirth” of the Windows brand and described it as the ”deepest, broadest and most impactful” Windows software ever created, Agence France-Presse reported. “It’s really, in some senses, a dawning of the rebirth of MS Windows… It’s certainly the most important piece of work we’ve done,” he said at a forum in Seoul, South Korea, adding that an estimated 500 million users will have Windows 8 on next year. The CEO went on to promise the “best economic opportunity” for device makers and app developers who adopt the
