Facebook Inc (NASDAQ:FB) Announces Free Wi-Fi, King files for IPO

Facebook Inc (NASDAQ:FB) has begun to provide free WiFi in association with Cisco. It’s the latest attempt by the company for collection of check-in data.

This move will benefit merchants as well as Facebook Inc (NASDAQ:FB). Merchants get a better collection of data on all types of people who visit their stores. On the other hand Facebook receives data about what businesses its customers visit. This will benefit merchants to use the added layers of data in finding larger groups of people to target through Facebook ads.”

The company said that they will not use user browsing activity on their networks due to privacy issue and allow users to share things privately. When user use facebook through facebook wifi the facebook allow itself to step back from router and allow user s a complete privacy.

Candy Crush Saga filed an IPO.and allows Zynga’s competition to enter into a new world. At the end of 2012 Candy Crush Saga was released for mobile devices now become the favorite app in iPhone.

This is due to ZNGA is reaching a year high value and breas it’s already set record of $3.75 and reaching for the $4 mark.

King should keep in mind the scenario that what happened when Zynga stock hit top of the the market. The company reaching its peak and strengthening its FarmVille, but when reaching its peak in March 2012, ZNGA down to floor in next six months..

Mobile gamers are not loyal to a particular game. Now a day they love Candy Crush Saga but nobody predict that what will be the next and what hits the top. Maybe king develop something new in Candy Or a new developer introduce something completely new. So a Successful IPO doesn’t mean the end of Zynga or the success of Saga.

It is possible that Zynga introduce a new feature and gets the attention of gamers. This will allow investors to choose between the two companies Zynga and King. In nutt shel we can say that ZYNGA shareholders should consider the Solstice Arena numbers than to King’s IPO.

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