Groupon Names New VP and 4 Social Media Stocks Seeing Action
Facebook, Inc. (NASDAQ:FB) founder Mark Zuckerberg was pushed to expand the company’s operations in Russia in Moscow on Monday. Russia’s communications minister tweeted that Prime Minister Dmitry Medvedev tried to influence Zuckerberg to open a research center in Moscow instead of trying to take Russian programmers with him. According to a Facebook spokeswoman, asking to be named, stated that the company does not currently intend to expand in Russia.
LinkedIn Corporation (NYSE:LNKD) has over 1 million members in the United Arab Emirates along with several million more spanning the region. “Networking and building trusted business relationships has always been at the heart of successful business in the Middle East,” LinkedIn’s blog stated. “LinkedIn is built on a like-minded belief in the strength of professional connections and its ability to drive economic and career growth.”
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Groupon, Inc. (NASDAQ:GRPN) has labeled Rob Kilgarriff as its VP of North American sales, according to AllThingsD. He is to report to senior VP of global sales and operations Kal Raman.
Zynga, Inc. (NASDAQ:ZNGA) has teamed with Hasbro to release Zynga social games as Hasbro board games. There will be four games being released this month including; Words With Friends, FarmVille, CityVille, and Draw Something. These four games have been played by hundreds of millions of Facebook users and mobile platforms. As of now, Zynga has 306 million monthly active users for its mobile and social network games.
Yelp, Inc. (NYSE:YELP): Traders wait for an expected rally from Yelp as the consumer-review network continues to be close the top of its recent range option. MONSTER’s Heat Seeker system stated that the purchase of over 2,500 October 26 calls for $1.95 to $2 on Friday. Volume tripled the open interest in the strike at the beginning of the day. This suggestsnew positioning.