Facebook AIMS to Prevent Suicides and 4 Social Media Stocks to Analyze
Facebook, Inc. (NASDAQ:FB): A new nationwide strategy attempting to prevent suicides, mainly among U.S. military veterans and young Americans, is to tap into Facebook Inc as part of a community-driven push to speak about concerns before an individual takes his or her own life. The new Facebook service allows users to report suicidal comments seen online from friends. The website is to then send the possible victims an email urging them to call the hotline as well as chat confidentially online with a counselor.
Groupon, Inc. (NASDAQ:GRPN): Amid an 80 percent fall in its stock price year-to-date which has seen $10 billion taken off of of his company’s market cap, Groupon CEO Andrew Mason defended the firm’s business model and growth prospects, claiming that critics have been using the wrong criteria to measure Groupon and the daily deals industry it leads, states an interview with The Los Angeles Times.
Pandora Media, Inc. (NYSE:P): Listener hours for Pandora during August reached 1.16 billion, which is a rise of 70 percent from 682 million during the same period the previous year. Share of total U.S. radio listening for Pandora in August was 6.30 percent, which is an increase from 3.67 percent at the same time last year. Active listeners totaled 56.2 million at the end of August, which is an increase of 48 percent from 38 million during the same time period the previous year.
Zynga, Inc. (NASDAQ:ZNGA) CTO of infrastructure, Allan Leinwand, left the company, according to GigaOM, citing an update to his LinkedIn profile page. Earlier in the summer, the company lost seven executives, including former Chief Creative Officer Mike Verdu.
Yelp, Inc. (NYSE:YELP): Lord Abbett Developing reports a 13.81 percent passive stake in Yelp.
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