Has Microsoft just spent $1billion on business social network Yammer? - Daily Mail
You may not be massively familiar with Yammer, a business social network, but Microsoft apparently thinks so much of the site it has agreed to pay $1.2billion for the site. The Wall Street Journal reported the acquisition - worth about £772million - this ...
Social media stocks hammered as Facebook debuts - in.news.yahoo.com
NEW YORK (Reuters) - Social media stocks, led by Zynga Inc, slumped in volatile trading as traders used the securities to hedge or bet against the star of the sector, Facebook Inc , which went public in a disappointing debut on Friday. Facebook shares rose ...
