Expedia Inc . ( EXPE ) shares slumped over 8% in extended trading yesterday, as the company’s fourth quarter earnings of 78 cents missed the Zacks Consensus by 9.3%. Management said that while both hotel and ticket volumes increased,
It’s been nearly three years since Facebook spent $1 billion on what was, at the time, little more than an up and coming photo sharing site called Instagram. By many accounts, Facebook overpaid Instagram
Snapchat Inc. (not currently publicly traded) is a mobile application for instant photo and video sharing. The app was developed by Evan Spiegel and Jonathan May, both of whom were Stanford University students. Snap has been lauded for its