Among Tuesday’s best Web stories for investors: myths about China’s communist party, food stocks that could be poised to double this year, tips for making your own viral video and funny financial predictions for 2011.
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MySpace, the floundering social network site, may be on the verge of massive layoffs.
Continue reading MySpace May Face Huge Layoffs
MySpace May Face Huge Layoffs originally appeared on DailyFina…
New reports say Groupon could go public by the end of 2011, around the same time a Facebook IPO is expected. But even if they both priced their IPOs on the same day, there would be no shortage of funding because IPO-starved inv…
Soon, the Internet won’t be the only medium to offer advertisers the ability to closely target specific types of customers. Starting in August or September, DirecTV plans to launch a new personalized advertising service for tel…
That’s the value a $200 million venture investment led by Kleiner Perkins this week implies. But that means Twitter would have a price-to-sales ratio of 840 compared to Facebook’s 26 — or Google’s 8.7. And Twitter’s growth may…