Thursday, May 16, 2013

FB: Facebook (FB -1.5%) is down 3.6% over the last...

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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