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Facebook's GM Fallout: Analyst Dismisses Concern Ahead of IPO

Georg Szalai Pivotal Research Group's Brian Wieser says investors need not read too much into General Motors' yanking $10 mllion in advertising from the social network. read more
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Brian Wieser, an analyst at Pivotal Research Group in New York, warned his clients against buying Facebook shares, he claims were implausibly priced

News : The Coming Crisis (2 years ago)

One day after Facebook rolled out its much-anticipated IPO, some less-than-enthused analysts are already warning their clients against buying the social media site’s shares. Brian Wieser, an analyst at Pivotal Research Group in New ... Read Post

GM to stop advertising on Facebook

Technology : (2 years ago)

Just ahead of the much-discussed Facebook IPO, General Motors announced that they plan to cease advertising on the social networking site. They will continue to market on Facebook through the free Facebook pages but will not be payi... Read Post

Facebook is no longer a social network. It’s the world’s most powerful news reader

Technology : Pando Daily (4 days ago)

It was barely two years ago that things were starting to look absolutely awful for Facebook. Its stock was hitting one new low after another, at one point falling to half of its IPO value. General Motors announced that Facebook ads ... Read Post

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