It started out as rap genius and now its extending its tentacles to all types of music and even non-music related subjects Eventually, it would become just another annoying agitator website that clutters the search results with less than helpful results, so this was a good move on google's part.
Yea so much for the inevitable 'it's a bubble' arguments. Stocks like Facebook, Linkedin, Zillow, and Trulia that the pundits called 'obvious' bubbles are trading 50% or higher than their IPO price. This throws more water on Garry Shiller's argument that bubbles can be predicted or that betting against 'obvious' bubbles is profitable. Only in hindsight can we proclaim something a bubble. Even if an overvalued stock does fall you can still lose all your money shorting if you get a margin call, because the price can rise much longer than you can remain solvent as attributed to John Maynard Keynes.
Personally, I'm long Twitter by selling covered calls. Pretty much if Twitter stock stays above $70 I will make $10k by the end of January.
Probably because kids are using instagram which is also owned by facebook, so either way facebook wins. Facebook is becoming increasingly popular among the middle aged and this also is the most profitable demographic.
no kidding..it helped make me richer in terms of rising stock prices, web 2.0 valuations, and real estate but didn't help mainstreet because it was never intended to. fighting unemployment is the excuse the fed uses to sell the program and the media buys it.
Would love to invest in snapchat at that 4 billion valuation