My second Twitter post today – I must have tweet fever or something! This one is however a little more on the serious side – Stocks.
Yes, I suppose we can partially blame them for the recession and be totally jealous of their riches but they need to talk too, right? StockTwits Desktop is a new piece of software that allows people all over the world to talk to one another about stocks. Within the tweets you’ll find the latest gossip, trends and advices about trading.
The programs basically consists of columns of tweets in different categories as well as StockTwit TV which gives you the latest news about the software. For example, they recently teamed up with the trading giant NASDAQ in the Big Apple.
It’s all free and extremely useful to anyone who currently trades or is interested in becoming a stock trader. I used the programs for five minutes and discovered that AIG stocks may be a safe bet for the future and that USD-JPY would not have been a good move.
You can get a feel for the software or download it at their homepage.
Palm actually wants to get back into the smartphone race. Today the shares of Palm, Inc. (NASDAQ:PALM) rose about 15%. The company increased the size of their secondary offering and raised $83.9 million as part of the process. The company sold 23.13 million shares as part of the secondary offering taking place between now and March 31.
Palm was initially expecting to sell 18.5 million shares being held by investor Elevation Partners. Palm added the extra 4.63 million shares at a price of $6 per share. Through the offering, Elevation Partners made about $49 million. Palm plans to use the capital raised to push the hype of the Pre in the smartphone market.
So far the Pre is looking great but is this one product really going to put Palm back on the map?
US based FriendFinder Networks (formerly Penthouse Media Group) has filed a registration statement with the SEC to go public. The story was broken by Techcrunch and this seems like a huge leap for the adult network.
Little known Russian investment bank Renaissance Capital is representing them in the deal. The company hopes to raise $460 million in the IPO.
Penthouse acquired Adult FriendFinder in December 2007 for approximately $400 million. Currently the network has $244 million in revenues from the first three quarters of 2008.
This seems like a very interesting move by FriendFinder Networks. It shows that there is simply just so much money in the adult industry online and now they are looking to move public and grow the services even faster, while cashing out at the same time.
Picapp is a new product that allows bloggers and website owners to use some of the worlds best stock images on their sites for free. Simply use their search tool to find the images that you are looking for, then select the image and click embed, then you will be able to embed the images straight into your blog. Very simple yet very effective.
Picapp has only been in the marketplace for the last few months and every month it seems to be really rising in traffic according to compete. Picapp is a free service that is definitely worth a try!
