FB - 25% haircut tomm. Too much spending. Gifts failed. Zuck says no profit this year as going to spend alot to try to make rev
oh and lower margins too as a result. another $1 billion+ investment in R&D.
Yeah did a great job of cramming ads into users mobile feeds -- but not worth trashing the user experience -- really playing with fire the more ads that are crammed in those feeds -- Twitter n Google + are waiting for the herds to come over