It has been a relatively rough year for social media. Some of the bigger names struggle to increase users while keeping expenses low, and some smaller companies simply didn’t last, or were taken over by the industry giants. The fight for market share in the social media world is among the toughest out there.
The big names such as Facebook Inc (NASDAQ: FB), LinkedIn Corp (NYSE: LNKD), and Twitter Inc (NYSE: TWTR) appear to be here to stay, but in the short term investors are nervous about the expenses these companies will incur as further global expansion and expensive new technology are crucial for continued success.
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Facebook
Facebook posted third quarter earnings today that beat analysts estimates on revenue, increasing 59 percent year over year. Earnings per share came in at 33 cents, also beating the estimates. Despite the solid numbers, the stock fell ...
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