revenue

All is not well at Facebook. Some have even started calling for CEO Mark Zuckerberg's head. But the panic is premature, and the social network has plenty of time and opportunity to turn things around.

Facebook's stock price has traveled south since its flashy (and disastrous) debut in May. Facebook closed at $19.44 per share on Wednesday, barely half of its $38 IPO price.

Why is Facebook's share price dropping like a boulder off a cliff? M&A specialist Marty Wolf provides an excellent explanation, but I'll summarize the key points:

Leaked from today's 404 episode:

- Google may start a same-day delivery service that uses automated vehicles.

- YouTube is the No. 1 source of music for teenagers.

- People also spend more time watching their phones than television.

- 3D printed meat: It's what's for dinner.

- 'The Price is Right' seeking first male model.

Bathroom break video: Why should I be on the Internet?… Read more

Facebook's latest 10-Q filing reveals that nearly 20 percent of its more than 543 million monthly mobile users accessed the social network in June solely on their mobile device. That's 102 million people.

These astounding numbers were first reported by TechCrunch, which also notes that mobile-only users have increased dramatically. According to the SEC 10-Q report, 83 million people visited the site with only their mobile device in March, which adds up to a 23 percent increase of mobile-only users from March to June.

The specifics of Facebook's mobile use are important because the company's revenue … Read more

It's been a dismal week for Zynga. First news of bleak revenue growth in the second quarter followed by plunging stock prices, then accusations of insider trading... and now the gaming company is being slapped with two shareholder lawsuits.

The almost identical lawsuits are being filed by two California law firms seeking class-action status on behalf of stockholders who are accusing Zynga of not warning them about slumping revenue growth before the company's shares plummeted 42 percent last week, according to Reuters.

"Zynga misrepresented or failed to disclose material adverse facts about its business, operations, and growth … Read more

Why is Apple successful? It all starts with the quality of its products, according to Jonathan Ive. The company's senior vice president of industrial design waxed eloquent on this theme during a talk about Apple's design focus at the British Embassy's Creative Summit.

"I refute that design is important. Design is a prerequisite. Good design -- innovation -- is really hard," said Ive, according to Wired. "We say no to a lot of things that we want to do and are intrigued by so that we only work on a manageable amount of products … Read more

Foursquare has taken off the kid gloves and is ready to start making money. After rolling out "Local Updates" last week, letting any merchant allure potential nearby customers by sending out status updates, it launched "Promoted Updates" today.

Promoted Updates, which is still in pilot, takes the idea of Local Updates up a notch. Rather than being available to any merchant using the check-in service, Promoted Updates is only for those merchants willing to pay Foursquare on a "cost per action" model, according to TechCrunch. While in pilot, there are roughly 20 participating companies, … Read more

Facebook's teeter-totter on the Nasdaq has caused some to wonder whether it's a good idea for Internet companies to go public. After a little back-and-forth and a bit of careful consideration, the online travel agency Kayak has decided to take the plunge.

Trading is scheduled to begin on the Nasdaq tomorrow, with the company's initial public offering set at $26 per share -- above the expected range of $22 to $25, according to CNBC. Kayak aims to sell 3.5 million shares, it said in its regulatory filing last week. At $26, that would mean raising $91 … Read more

Advanced Micro Devices said today that revenue for the quarter ending June 30 is expected to be off 11 percent sequentially.

That's a very different outlook from what AMD forecast previously when it said that second-quarter 2012 revenue was expected to increase 3 percent sequentially, plus or minus 3 percent.

"The lower preliminary revenue results are primarily due to business conditions that materialized late in the second quarter, specifically softer-than-expected channel sales in China and Europe," the company said.

But AMD also attributed the worse-than-expected result to "a weaker consumer buying environment impacting the company's … Read more

Apple announced today it will reveal its fiscal third-quarter financial results on July 24.

Apple CEO Tim Cook and CFO Peter Oppenheimer are expected to participate in the earnings call, which is scheduled for 2 p.m. PT that Tuesday. Audio of the event will be streamed live on Apple's investor relations page.

Apple topped Wall Street's estimates with its second-quarter earnings in April, reporting revenue of $39.2 billion and earnings of $11.6 billion, or $12.30 per share. Analysts had expected Apple to report earnings of $9.99 per share on $36.7 billion in … Read more