Facebook’s Instagram Makes Privacy Changes and 4 Social Media Stocks to Watch

Facebook, Inc. (NASDAQ:FB): Instagram has decided to change some of the features for its privacy policy that allows it to share data with Facebook. Instagram’s official blog has claimed that the changes will begin on January 16. Furthermore, they have stated that users will continue to be able to control their photos however they see fit, along with deciding who can view them.

LinkedIn Corporation (NYSE:LNKD) currently has over 187 million global members, which includes over one million in Turkey, and today, it announced that it will launch a LinkedIn app for iPhone and iPad in Turkish.

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Groupon, Inc. (NASDAQ:GRPN): The Shareholders Foundation has made the announcement that there is an investigation on behalf of investors in shares of Groupon Inc, who purchased any of their Groupon shares between May 2012 and November 2012, was initiated over potential securities laws violations by Groupon Inc. This investigation by a law firm will focus on possible claims on behalf of those who purchased Groupon Inc (NASDAQ:GRPN) securities to decide whether or not a series of statements by Groupon Inc about its business, its prospects. and its operations were materially false and misleading when they were made. Those investors who purchased Groupon shares between May 2012 and November 2012 have special options and should contact the Shareholders Foundation at mail shareholdersfoundation.com or call +1(858) 779 – 1554.

Zynga, Inc. (NASDAQ:ZNGA) is now preparing to launch a new type of gambling site which that it promises will partner the virtual marketplace of its previous games with casino-style gambling. As was decided in a partnership with bwin.party, the games are intended to encourage players to place real bets to actual cash, which provides Zynga with an important new revenue stream after losing almost three quarters of its value.

Yelp, Inc. (NYSE:YELP): Joho Capital has reported a 5.26 percent passive stake in the company.

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