% | $
Quotes you view appear here for quick access.

Facebook, Inc. (FB) Message Board

  • nobleonetoo Feb 15, 2013 12:38 AM Flag

    Possibly a big reason for great uncertainty in future of FB

    Facebook faces ‘increasing risk’ from Twitter: analyst
    February 14, 2013, 9:19 AM

    BTIG’s Richard Greenfield has a post Thursday morning about an interview of Facebook’s VP of Business and Marketing Relationships David Fischer at a Stanford media conference.

    Wednesday’s interview with Fisher was conducted by Adam Lashinsky of Fortune. It wasn’t webcast, but the audience of more than 500 shared a lot of comments on Twitter.

    That prompted Greenfield to note: “Hard to dismiss the irony that everyone uses Twitter to talk about a Facebook interview, illustrating the increasing risk Twitter and the future of the “next new thing(s)” on the Internet pose to Facebook and its valuation.”

    Greenfield cut Facebook to a sell rating Tuesday citing slowing mobile ad growth, disappointment over desktop revenue and concerns over user engagement with the social network.

    – Tom Bemis

    SortNewest  |  Oldest  |  Most Replied Expand all replies
117.58+0.85(+0.73%)Apr 29 4:00 PMEDT