Tag Archives: googl

Facebook’s Oculus likely to trail in virtual reality market

Facebook (FB)-owned Oculus VR is a trailblazer in virtual reality headsets, but next year it’s likely to trail in the industry it pioneered, according to a new report. Samsung’s Gear VR and Sony’s (SNE) PlayStation VR headsets are poised to outsell Oculus Rift and HTC Vive next year, research firm IHS (IHS) says. IHS predicts that Alphabet’s (GOOGL) low-cost solution, Google Cardboard, will be the top virtual reality platform in 2016, with 30%

Facebook, Google To See Upside As Political Ads Shift

Look for Facebook (FB) and Google (GOOGL) to gain as political advertising shifts to digital in the 2016 presidential election cycle, says Citigroup. “In our conversations with industry sources, an overriding theme across all conversations was that Facebook and Google will be the largest recipients of political digital ad spend over the 2016 cycle,” said Citigroup analyst Mark May in a research report. May estimates that $607 million will be spent

Google, IAC Renew Search Deal, But IAC Stock Folds

IAC/InterActiveCorp. (IACI) has renewed its pact with Alphabet (GOOGL)-owned search leader Google, but the parent of the about-to-go-public dating site Match.com watched its stock tumble on Tuesday. IAC stock was down more than 5% in afternoon trading on the stock market today, near 64. Since the start of the year, IAC stock has gained 6%, but it’s off 24% from its all-time high of 84.66 touched on July 14. As part of its Q3 earnings report