Facebook Inc. (NASDAQ:FB) may be making moves to reassure users about privacy, but a pair of watchdog groups are reportedly concerned over Facebook’s plans for user privacy and the fitness app Moves. The giant social network recently bought the Finnish startup that created Moves, a fitness app that lets users track their walks, runs and bike rides. And while the startup’s terms of service previously said it would not “disclose an individual user’s data to third parties,” without a user’s consent or law enforcement order, the Wall Street Journal noticed this week that the policy has been changed Facebook Inc. (NASDAQ:FB) shares after opening at $58.77 moved to $59.30 on last trade day and at the end of the day closed at $57.39. Company price to sales ratio in past twelve months was calculated as 16.52 and price to cash ratio as 11.66. Facebook Inc. (NASDAQ:FB) showed a negative weekly performance of -4.00%.
The first collaboration between the two involves unveiling LinkedIn Corp (NYSE:LNKD)’s business card scanning to Evernote’s 90 million users. Free Evernote users will receive a year’s worth of business card scanning simply for linking their account to LinkedIn. Prior to the announcement, the scanning of business cards was only available to paying Evernote users. Using optical character recognition, simply take a photo of the business card and you will immediately be given a note. Additionally, the app will give you the option of connecting to the card/contact on LinkedIn and allow you to save the information to your phone or share your contact information. LinkedIn Corp (NYSE:LNKD) shares advanced 0.73% in last trading session and ended the day on $143.37. LNKD return on equity ratio is recorded as 1.50% and its return on assets is 1.10%. LinkedIn Corp (NYSE:LNKD) yearly performance is -20.64%.
Twitter Inc. (NYSE:TWTR) is getting punished by investors after whipsawing Wall Street over how to value its business. The San Francisco-based micro blogging service, which makes money from advertisements, said at the time of its initial public offering in November that its user growth was paramount. Now Twitter insiders say a more important metric is the reach and impact of the short messages that people send through the service and the value of the ads embedded in the tweets. Twitter Inc. (NYSE:TWTR) shares moved down -3.74% in last trading session and was closed at $30.66, while trading in range of $29.51 – $32.00. Twitter Inc. (NYSE:TWTR) year to date (YTD) performance is -51.83%.
MeetMe, Inc. (NASDAQ:MEET), the public market leader for social discovery, announced management will host a conference call on Thursday, May 8, 2014 at 10:30 a.m. ET to discuss details and answer questions about the company’s financial results for the first quarter ended March 31, 2014. MeetMe Inc. (NASDAQ:MEET) weekly performance is 11.15%. On last trading day company shares ended up $3.09. MeetMe Inc. (NASDAQ:MEET) distance from 50-day simple moving average (SMA50) is -1.26%. Analysts mean target price for the company is $5.00.
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