5:40 PM Facebook (FB) roundup: 1) AllThingsD backs up reports Facebook is in talks to buy Waze for $1B. Waze would bolster Facebook's efforts to become a go-to source for local content (and push local ads along the way), and Facebook's reach could greatly increase the value of Waze's crowdsourced map/traffic data. 2) Facebook Home surpasses 1M downloads ahead of an update. But its user rating remains 2.2/5, as users keep griping over a lack of widget/folder support. 3) Leon Cooperman pounds the table for Facebook. "People underestimate the mobility opportunity that exists ... we think they could achieve a market cap comparable to a Google." Read comments
FB price at time of publication: $27.05. Check FB price now »
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Focus Articles on FB
- Facebook's Greatest Strength May Be Its Greatest Weakness - Buy Something Else by Abu Bakr Hussain
- Despite The High Expected Growth, Facebook Is Overpriced by Fundamental Analyst
- Facebook Acquires Cloud-Based Platform Parse by Alpha Hunter
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)
Related Articles on FB
- Wall Street Breakfast: Must-Know News by Wall Street Breakfast
- Have You Put Your Chips On The Web Ecosystems Yet? by Intelligent Speculator
- Chinese Roundup: Baidu's Upcoming Acquisition And Why Shares Of Renren Are Worth $7.40 by Justin Giles
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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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