On Friday's Tech Teardown, host Erin Kennedy and Motley Fool tech and telecom bureau chief Evan Niu take a look at the top stories from the market this week in tech. Evan takes a deep dive into the details and motivation behind Facebook's purchase of Oculus VR this week, and also talks about Candy Crush Saga maker King's disastrous IPO and whether the comparison to Zynga is valid. He then looks into the news that Microsoft Office is now officially being released for Apple's iPad, and goes over the numbers from BlackBerry's earnings, and whether a turnaround for the company is still in the cards.
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Did Facebook Just Pull a Google?
By Evan Niu, CFA and Erin Kennedy
–
Mar 28, 2014 at 4:54PM
NASDAQ: META
Meta Platforms
Market Cap
$672B
Today's Change
(3.70%) $9.35
Current Price
$262.04
Price as of May 26, 2023, 4:00 p.m. ET
The top stories in tech from the market this week involving Facebook, King, Microsoft, and BlackBerry.
Erin Kennedy owns shares of Apple. Evan Niu, CFA owns shares of Apple. Evan Niu, CFA has the following options: long January 2015 $460 calls on Apple, short January 2015 $480 calls on Apple, short January 2015 $60 puts on Facebook, and long January 2015 $35 puts on Facebook. The Motley Fool recommends Apple, Facebook, and Google. The Motley Fool owns shares of Apple, Facebook, Google, and Microsoft. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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Stocks Mentioned
Meta Platforms
META
$262.04
(3.70%)
$9.35
Microsoft
MSFT
$332.89
(2.14%)
$6.97
Alphabet
GOOGL
$124.61
(0.92%)
$1.13
Apple
AAPL
$175.43
(1.41%)
$2.44
BlackBerry
BB
$5.23
(0.96%)
$0.05
Zynga
ZNGA
King Digital Entertainment plc
KING.DL
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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