11:45 AM Facebook (FB -1.5%) is down 3.6% over the last 2 days, possibly thanks to concerns about a revamped Google+. The latest update to Google's (GOOG) oft-mocked social networking platform brings a card-based UI and (more importantly) heavy use of Google's server farms to automatically enhance/modify images and add tags and links to uploaded content. The imaging tricks include the ability to automatically create animated GIFs and HDR shots, and even adjust skin tone and contrast - some think this also poses a challenge to Adobe (ADBE). But Facebook, the 800 lb. gorilla of online photo-sharing, still has unmatched network effects, and has been willing to borrow ideas from Google+ Read comments
FB price at time of publication: $26.18. Check FB price now »
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Focus Articles on FB
- Understanding Facebook's Waze by Bruce Krulwich
- Facebook Remains A Sell by Equity Options Guru
- Facebook Must Monetize Before Membership Growth Becomes An Issue by Markos Kaminis
Press Releases on FB
- Facebook Reports First Quarter 2013 Results (PR Newswire)
- Facebook to Announce First Quarter 2013 Results (PR Newswire)
- Susan Desmond-Hellmann Joins Facebook Board of Directors (PR Newswire)
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Transcripts on FB
- Facebook's CEO Discusses Q1 2013 Results - Earnings Call Transcript
- Facebook's CEO Discusses Q4 2012 Results - Earnings Call Transcript
- Facebook's CEO Discusses Q3 2012 Earnings Results - Earnings Call Transcript
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