News: Facebook Inc (FB.O)

FB.O on Nasdaq

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23 May 2013
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Khosla Ventures hires Google veteran Ben Ling

SAN FRANCISCO, May 23 - Khosla Ventures said on Thursday it is adding another new hire to its investment team: Ben Ling, who brings additional consumer-Internet expertise to Khosla, known for investing a substantial chunk of its portfolio in cleantech companies.

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Analysis: Google+ struggles to attract brands, some neglect to update

SAN FRANCISCO - To mark the Cinco de Mayo holiday this year, Domino's Pizza festooned its Facebook page with a string of posts, including an image of a Mexican-themed guacamole pizza that garnered over 2,000 "likes". But visitors to Domino's companion Google+ page on that day found less festive fare: The most recent post was from October 2012.

Deals of the day -- mergers and acquisitions

May 9 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

Facebook in talks to buy Israel's Waze for up to $1 billion: report

TEL AVIV - Facebook Inc is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist reported on Thursday.

UPDATE 1-Facebook in talks to buy Israel's Waze for up to $1 bln-report

TEL AVIV, May 9 - Facebook Inc is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist reported on Thursday.

Target tests if Facebook-driven deals bring shoppers into stores

May 8 - Target Corp is rolling out Cartwheel, a service that combines social networking and discounts, the latest attempt by a U.S. retailer to lure shoppers into its physical stores rather that seeing them buy from online rivals.

Facebook still worth probably no more than $25 a share: Barron's

- Shares of Facebook , which were given a boost last week when the social networking company reported first quarter results that largely met analysts' expectations, may be over valued, financial newspaper Barron's said on Sunday.

Facebook still worth probably no more than $25 a share-Barron's

May 5 - Shares of Facebook Inc, which were given a boost last week when the social networking company reported first quarter results that largely met analysts' expectations, may be over valued, financial newspaper Barron's said on Sunday.

Facebook's mobile business expands in first quarter

- Facebook Inc's mobile advertising revenue growth gained momentum in the first three months of the year as the social network sold more ads to users on smartphones and tablets, partially offsetting higher spending which weighed on profits.

CORRECTED-UPDATE 3-Facebook's mobile business expands in first quarter

(In 7th paragraph, corrects analyst Ronald Josey's firm to JMP Securities from Jefferies & Co)

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