Editor’s Note: Related tickers: Facebook Inc (NASDAQ:FB), LinkedIn Corp (NYSE:LNKD), Yelp Inc (NYSE:YELP), Yahoo! Inc. (NASDAQ:YHOO), Google Inc (NASDAQ:GOOG)
Google, Facebook, Yahoo unite in transparency push (MarketWatch)
Yahoo! Inc. (NASDAQ:YHOO) +0.99% on Monday said it has filed a suit in the Foreign Intelligence Surveillance Court “demanding the right to publicly disclose the number of user data requests that we receive from the U.S. Government under national security statutes.” Also on Monday, Google Inc (NASDAQ:GOOG) +0.11% said it has filed an amended petition to the controversial court also demanding that the company be “allowed to publish detailed statistics about the types (if any) of national security requests we receive under the Foreign Intelligence Surveillance Act.” Facebook Inc (NASDAQ:FB) -0.41% on Monday announced that it has joined other companies in making the same demand, arguing in a blog post, “We believe there is more information that the public deserves to know, and that would help foster an informed debate about whether government security programs adequately balance privacy interests when attempting to keep the public safe.”
LinkedIn CEO Jeff Weiner: How to fix the US skills gap, map the world’s economy (BizJournals)
The U.S. faces a “widening skills gap,” LinkedIn Corp (NYSE:LNKD) CEO Jeff Weiner said during a fireside chat at the TechCrunch Disrupt conference in San Francisco. Our unemployment rate is sitting at 7.5 percent, while we have 3.8 million jobs available. The fix? Education and immigration reform. Weiner lauded the work of websites like the Khan Academy and Code.org in leveraging technology to improve students’ experiences in the classroom. But he also pushed for more vocational training, saying these jobs could have an “immediate impact” on the economy.
Yelp Inc (YELP): Insanely Overvalued After 217% Gain In 2013 (iStockAnalyst)
When it comes to stocks, there is an almost never-ending list of technical and fundamental information for investors and analysts to pour over. For some investors that means looking at charts, while others take a more fundamental approach and look at financial statements. …I’m talking about Yelp Inc (NYSE:YELP). Make no doubt about it, Yelp Inc (NYSE:YELP) is a great company, providing millions of people with valuable consumer information. But there is a big difference between a great company and stock. And right now, this is a stock that is insanely overvalued.
Facebook Inc (NASDAQ:FB) hits record high – Wall Street goes wild (NYSEPost)
Facebook Inc (NASDAQ:FB) scrip hit a record of $44.61 on Friday and this is the fresh 52-week peak the company’s scrips have ever sold for, and not the first high in the past couple of weeks. Shareholders are overwhelmed with the impetus behind the company and its growth. Their confidence in the firm may not be justified, and it must not be given so freely. In 2012 when the company went public the market burst with vitriol. The Facebook initial public offering was a sham and a tragedy. The firm’s scrips were badly valued and the securities market was broken…
Facebook’s new move (CNBC)
Danger Zone: LinkedIn (Benzinga)
LinkedIn Corp (NYSE:LNKD) is in the Danger Zone this week. LNKD continues our theme of hot stocks that have overshot their fair valuations. So far this year, LNKD is up 110% while the S&P 500 (SPY) is only up 15%. LNKD is a high-momentum stock in a popular sector, so investors are turning a blind eye to its competitive weaknesses and high valuation. Most people are aware that LNKD is expensive compared to its current earnings, but few people seem to aware of its off-balance sheet liabilities and the alarming level of profit growth implied by its stock price.
Facebook Unveils Tools for Showing Posts About TV News (Bloomberg)
Facebook Inc (NASDAQ:FB) is rolling out new tools that integrate posts from the world’s most popular social network with television broadcasts, stepping up competition with rival Web companies. News organizations such as CNN and NBC’s Today Show will be able to display real-time comments from Facebook users and companies that have designated their posts as public, the company said today. The features will also offer aggregated information on what’s generally being discussed on the social network based on gender, age and location.
Linkedin Corp (LNKD): Could Linkedin Substitute A Recruitment Agency? (iStockAnalyst)
With 238 million professional members worldwide, LinkedIn Corp (NYSE:LNKD) is a powerful recruitment tool. There is an obvious risk of substitution for a professional recruitment agency where the value proposition is very similar to that of LinkedIn. LinkedIn maintains a database of candidates; network with those candidates to assess career status and aspirations; connect those candidates to relevant third parties that are looking to hire.
