Facebook Earnings Review: What Wall Street Thinks

NEW YORK (TheStreet) — Facebook’s (FB_) second-quarter earnings focused on mobile revenue. Shares were soaring in premarket trading Thursday as Wall Street raised price targets and upgraded shares.

 The Menlo Park, Calif.-based social networker earned 19 cents a share on $1.813 billion in revenue for the quarter, as mobile advertising revenue accounted for 41% of advertising revenue this quarter. Total advertising revenue was $1.6 billion, 88% of total revenue, and up 61% year over year.

Analysts surveyed by Thomson Reuters were expecting Facebook to earn 14 cents a share on $1.62 billion in revenue for the quarter.

The company ended the quarter with 1.15 billion monthly active users (MAUs), up 21% year over year. There was a 51% annual increase in mobile MAUs, which drove the strength in mobile revenue. Daily active users (DAUs) were 699 million, up 27% annually.

Following the earnings, many analysts were bullish, with several upgrading shares and raising price targets. Here’s what some analysts on Wall Street had to say:

JPMorgan analyst Doug Anmuth (Overweight, $44 PT)

“Facebook delivered its strongest quarter yet as a public company–results that we think could be thesis-changing for many–and we would continue to buy Facebook shares even after the ~17% move up in the after-market. Our revenue and nonGAAP EPS estimates increase 12% and 38% for 2013, and 22% and 46% for 2014.”

Topeka Capital Markets analyst Victor Anthony (Buy, $40 PT)

“Facebook needed to, and delivered, a blowout quarter. What is clear from the results is advertisers have validated Facebook as an advertising platform. For full year 2013, our revenue and Adj. EPS increases to $7.196B and $0.71, resp, from $6.733B and $0.63. We still see more upside for the stock and recommend purchase. There are several well defined catalysts over the next two years that should lead to further share price appreciation, including: 1) monetizing Instagram, which, per CEO Zuckerberg, will generate “a lot of profits”, 2) launch of auto-play video ads, 3) monetizing Graph Search, 4) a bigger push into e-commerce, and 5) the potential for S&P 500 inclusion. Further, only 1mm or 6% of FB’s 18mm potential advertisers are buying ads, implying a huge runway for advertiser uptake exists.”

Sterne Agee analyst Arvind Bhatia (Buy, $37 PT)

“We are incrementally bullish on FB’s prospects following 2Q results and believe the stock should be a core holding in Internet portfolios. 2Q’s highlight was Mobile advertising (+76% q/q versus consensus +20%). Overall revenue (53% y/y) and EBITDA (+57% y/y) accelerated from 1Q’s 38%/35% revenue/EBITDA growth. Better than expected user engagement, strong monetization and good cost control helped FB outperform even the most bullish expectations on the Street. Reiterating Buy.”

Oppenheimer analyst Jason Helfstein (Outperform, $36 PT)

“Following materially better than expected 2Q results, we are increasing our estimates and price target, and are reiterating our Outperform rating. 2Q upside was driven by higher advertiser demand for newsfeed, both on volume and price, and since mobile Newsfeed pricing is similar to desktop and advertisers are largely indifferent between mobile and desktop, revenues are tracking the consumer shift to smartphones. We believe this dynamic is an important differentiator vs. other ad-supported internet companies, that are being hurt by the mobile mix shift. As such, we are increasing ’13E and ’14E revenue by 3% and 5%, and non-GAAP EPS by 7% and 9%, respectively. Raising target to $36 from $32.”

Shares of Facebook were soaring following earnings, tacking on 30.48% to $34.59 in premarket trading.

Asphalt 8: Airborne Optimized for Tablet Nexus 7 Newest

The latest series flagship racing game Gameloft, Asphalt 8: Airbourne will present shortly, has been optimized with OpenGL ES 3.0 for the latest tablet Nexus 7. As exhibited at Google Keynote event yesterday in San Francisco.
Baudoin Corman as Vice President of Gameloft Publishing Section Regional Americans say, 8 Asphalt is an ideal game to demonstrate the greatness of Google’s latest device, the graphics are awesome and convenient physical form, the Nexus 7 will certainly help boost the popularity of gaming on tablets and realize the vision of Asphalt 8.
In addition to the new engine, Asphalt 8 will also bring 180 events, 47 official cars, and new game modes. There is also an online multiplayer mode with global leaderboard and social features like Facebook. Gamloft is arguably the first game publisher in the gaming service that supports Google Play. Asphalt 8 itself will be the first Gameloft game titles integrated Google services and Google Play at launch.

Leap Motion Controller, Great Hardware in Search of Great Software

By now, we all know what the future will be like; movies and TV shows have described it in detail. We know about the flying cars (thank you, “Blade Runner”), holograms (thank you, “Star Trek”) and robot butlers (thank you, “Jetsons”).

The Leap Motion Controller is a solution in search of a problem: its hardware is simple, but it needs a killer app.

So when will we really get those technologies? Probably on the 11th of “Don’t hold your breath.”

There is, however, one exception. As of this week, you can buy your own little piece of “Minority Report” and “Iron Man”: controlling your computer by making hand motions in the air.

The Internet has been buzzing about the much-delayed Leap Motion Controller ($80) since its first public demonstrations over a year ago. Imagine controlling on-screen objects just by reaching into empty space, just like Tom Cruise! Imagine gesture recognition just like Microsoft’s Kinect game controller, but on a much smaller, more precise scale! Imagine the future, plugged into a USB jack on the Mac or Windows PC you own today!

The Leap Motion sensor is beautiful, tiny and self-contained. If Wrigley’s ever comes out with a Juicy Fruit Designer Pack, it might look like this: a sleek, glass-and-aluminum slab (1.2 by 3 by 0.5 inches), with nonskid rubber on the bottom. A single USB cable (both a long one and a short one come in the box) stretches away to your computer; a light comes on when it’s working.

(Please note that Leap Motion has nothing to do with Leap Pad, the children’s toy. That gadget is educational in a completely different way.)

If you have a desktop computer, you put the sensor between your screen and keyboard. If it’s a laptop, you park it on the desk just in front of the keyboard. Soon, Leap says, you’ll be able to buy a PC from H.P. or Asus that has the sensor built right in.You download the Leap software, and presto: a somewhat buggy tutorial instructs you to insert your hands into the space — an invisible two-foot cube — that’s monitored by the Leap’s cameras and infrared sensors.

This device is like the Kinect in that it recognizes body parts in space. But not only is the Leap far smaller and less expensive, it’s also far more precise. According to the company, it can detect the precise positions of all 10 of your fingers simultaneously, with a spatial accuracy to a 100th of a millimeter — 200 times as accurate as the Kinect.

And remember, the Leap adds gesture recognition not to your TV, but to your computer. A machine that can run millions of different programs for all different purposes. Games, sure, but also office work. Creative work. Communication. Entertainment. Surely this little wonder is a very big deal.

Unfortunately, it’s not. The Leap’s hardware may be simple, attractive and coherent — but its software is scattershot, inconsistent and frustrating.

The first crushing disappointment is that no software recognizes your hand motions unless it’s been specially written, or adapted, for use by the Leap.

There are 75 such apps already on the Leap’s app store, Airspace; some are free, some cost a few dollars. Not all work on both Mac and Windows.

Most are games. In the best of them, you control the action in 3-D space, just as with the Kinect but without having to stand up. For example, Boom Ball ($5) is the classic Breakout game, where you try to knock out bricks by bouncing a ball against them — but your paddle is attached to your finger in vertical space.

In Disney’s clever Sugar Rush ($2), a spin off from the “Wreck-It Ralph” movie, you bake yourself a racing car shaped like a wedge of cake, and then steer it by holding both sides of an invisible steering wheel. When you play Dropchord ($3), you hold two index fingers out in space; you’re defining a line between them that you use to slice dots and avoid X’s. Cut the Rope is here, too (free).

There are some interesting music-making programs, which makes sense, since hand motions are generally associated with playing instruments. Air Harp ($1) is just what it sounds like. Chordion Conductor is a sweet-sounding arpeggiator (generates music from chords you select).

A few simple educational apps are available, like Molecules (rotate molecules on the screen; free), Cyber Science 3D (pull apart a skull; free) and Frog Dissection (you guessed it; $4).

Lenovo ThinkPad T440s, Ultrabook 14 Inci Full HD Artikel Baru CPU Intel Haswell & baterei 3-Cell Ganda

The presence of an Intel Core 4th generation Intel Haswell known as it turns out has brought blessing for Lenovo to immediately roll out the latest models of ultrabook and ThinkPad T440S Lenovo ThinkPad claimed to be the first to adopt the power of the processor.

Unlike most existing ThinkPad notebooks, Lenovo ThinkPad T440S This is more aimed at business users. Especially with premium features that it has, making super thin and light laptop is equipped with resilient chasing bandage made ​​of carbon fiber and magnesium, water resistant keyboard, touchpad with support for 5-point click and gesture, and a pointer nub in the middle of the keyboard , as well as dual battery setup that allows you menggonta-replace (remove plug) one batereinya without first turning off the existing system.

Lenovo ThinkPad T440s is itself supplied by feature 14-inch LCD screen with a resolution of 1600 × 900 option pixels or 1920 × 1080 pixels (HD + / FHD). As for users who want greater convenience in operation there, Lenovo also provides a choice of touch screen and support for NFC wireless technology.

Not only that, the article is a laptop with a 0.83-inch thick and weighs 1.5 kg has also been equipped by Mini DisplayPort and VGA, 3 USB 3.0 ports, 4-in-1 SD card reader, combo jack, and a smart card reader , HD anti-noise microphone dual stereo speakers with support Dolby ® HomeTheater ® v4 and two standard 3-cell battery that could have staying power usage up to 6 hours.

While about availability and price, unfortunately not yet known specific info related to it so far.

Google’s Chromecast could throw your mobile and browser games onto your TV

Google was announced The Chromecast, a small WiFi-enabled HDMI dongle that may well prove big news for bringing mobile and browser games to your living room.

The Chromecast plugs into your television’s HDMI slot, and allows you to send content from Android and iOS devices to the TV screen via Wi-Fi, while also supporting Chromebooks, and the Chrome web browser for Mac and Windows.

The device that is connected to the Chromecast then controls everything you see on the TV. The one caveat is that mobile apps need to integrate the Googlecast SDK to be able to send content across (apps in a Chrome web browser will work via “Chrome tab projection.”)

The device costs $35, and is already available to purchase directly from the Google Play Store. Notably, the possibility of projecting mobile and browser games via the device is not mentioned on the official website, which focuses on the video and music capabilities of the device.

As such, there’s no word as-of-yet regarding whether games will be fully supported, or whether input lag will cause issues for this particular line of fire.

Facebook speeds PHP by crafting a PHP virtual machine

Social networking giant Facebook has taken another step at making the PHP Web programming language run more quickly. The company has developed a PHP Virtual Machine that it says can execute the language as much as nine times as quickly as running PHP natively on large systems.

“Our goal is to make PHP run really, really quickly,” said Joel Pobar, a Facebook engineering manager. Facebook has been using the virtual machine, called the HipHop Virtual Machine (HHVM), across all of its servers since earlier this year.

Pobar discussed the virtual machine at the O’Reilly Open Source Conference (OSCON) being held this week in Portland, Oregon.

Shares its development tools

HHVM is not Facebook’s first foray into customizing PHP for faster use. PHP is aninterpreted language, meaning that the source code is executed by the processor directly. Generally speaking, programs written in interpreted languages such as PHP tend not to run as quickly as languages, such as C or C++, that have been compiled beforehand into machine language byte code. Facebook has remained loyal to PHP because it is widely understood by many of the Web programmers who work for the company.

To keep up with the insatiable user demand, however, Facebook originally devised a compiler, called HipHop, that would translate PHP code into C++, so it then it could be compiled ahead of time for faster performance.

While Facebook enjoyed considerable performance gains of this first version of HipHop for several years, it sought other ways to speed the delivery of the dynamically created Web pages to its billion or so users. “Our performance strategy for that was going to tap out,” Pobar admitted.

HHVM is the next step for Facebook. Under development for about three years, HHVM actually works on the same principle as the Java Virtual Machine (JVM). HHVM has a just-in-time (JIT) compiler that converts the human readable source code into machine-readable byte code when it is needed. (The previous HipHop, renamed HPHPc, has now been retired within Facebook.)

This JIT approach allows the virtual machine to “make smarter decisions at runtime,” Pobar said. For instance, if a call is made to the MySQL database to read a row of data, the HHVM can, on the fly, figure out what type of data it is, such as an integer or a string. It then can generate or call code on the fly that would be best suited for handling this particular type of data.

With the old HipHop, “the best it can do is analyze the entire Facebook codebase, reason about it and then specialize code based on its reasoning. But it can’t get all of the reasoning right. There are parts of the code base that you can not simply infer about or reason about,” Pobar said.

Virtual system speedier

Pobar estimated that HHVM is about twice as fast as HPHPc was, and about nine times as fast as running straight PHP.

Facebook has posted the code for HHVM on GitHub, with the hopes that others will use it to speed their PHP websites as well.

HHVM is optimized for handling very large, and heavily used, PHP codebases. Pobar reckoned that using HHVM for standard sized websites, such as one hosting a WordPress blog, would gain only about a fivefold performance improvement.

“If you take some PHP and run it in on HipHop, the CPU execution time [may] not be the limiting factor for performance. Chances are [the system is] spending too much time talking to the database or spending too time talking to [the] memcache” caching layer, Pobar said.

HP Envy Rove: Tablet-PC 20-inch with Intel Haswell

Are you ready to welcome the era of jumbo-sized tablet PC? After Asus Transformer comes with AIO, now turn to HP HP Envy Rove is ready to market, its latest tablet PC that can also act as an AIO PC that was introduced in May 2013 ago.
HP Envy HP Envy Rove rove 1: 20 inch Tablet PC With Intel Haswell tablet pc news pc desktop computer
HP Envy Rove: Tablet PC 20 inch with Intel Haswell
Rove HP Envy 20-inch size is quite large compared to most of the tablet PC on the market today. If you think to ask her mobility, you should be thinking twice about doing it. Because, in addition to having the extra large screen is also fairly heavy weight is about 5.4 kg. Similar to the average weight of a multimedia laptop.

Touch screen IPS panel which has been put on comes with a resolution of 1600 × 900 pixels. To conjure into an AIO-PC, the back of the HP Envy Rove has been equipped with a set of legs as well as the wireless keyboard and mouse that comes in the sales package.
Running the Windows 8 operating system, HP Envy Rove performance processors rely fourth-generation Intel Core i3 (Intel Haswell) with 4GB of RAM support. And considering the HP Envy Rove can converted into an AIO PC, the capacity of storage space also comes with hybrid models that combine performance with 8GB SSD and HDD are very roomy 1TB capacity. This combination will be used to speed up Windows boot process.
To connect with other devices available a variety of connectivity options such as WiFi, Bluetooth, Ethernet port, SD memory card slot, USB port 2.0,3 USB 3.0 ports and has received support Intel WiDi (Wireless Display) which can be useful to share the screen.
HP Envy Rove has now come to the American market with a price of around U.S. $ 980. And while there has been no word on whether this jumbo tablet PC will be available in Indonesia.

Yahoo Sports Launches New Fantasy App With Mobile Drafting

Yahoo announced that it has launched its new 2013 Fantasy Sports app today, which brings a new design, and new features to the experience.

One of the big new improvements is that it now features mobile drafting, which many will find tremendously helpful. It’s a lot of pressure to be at a computer during draft time.

 

“Managers can now sign up, draft a team and win their league championship from their iOS and Android device thanks to new technology incorporated by Bignoggins Production, Loki Studios and the Yahoo! Sports mobile team,” a spokesperson for Yahoo tells WebProNews. “The app also now features mock drafting, to help fans prepare and get an edge on the competition.”

Yahoo announced its acquisition of Bignoggins just a few weeks ago. They haven’t wasted any time.

“And starting with football, for the first time ever, all of Yahoo! Sports Fantasy games will live under one mobile roof – the Yahoo! Sports Fantasy app – including basketball, hockey and baseball,” the spokesperson adds.

According to Yahoo, the new app is faster than previous experiences. It also has free notifications.

The app is available for iOS and Android.

Opera Next 16 hints at new features

Norwegian browser developer Opera Software has confirmed the switch of its browser development to a rapid release cycle with the launch of Opera Next 16. The new version number comes less than a month after Opera 15 FINAL was released, which saw Opera switch from its own proprietary Presto web engine to the Blink engine used by Google Chrome.

As with all rapid release cycle updates, there are no major overhauls to be found in Opera Next 16, although a number of interesting new features have been showcased as the next iteration starts its journey towards final release.

Opera 16 — which is based on Chromium 29, the engine that powers Chrome 29 (currently in beta) — comes with support for the W3C Geolocation API, a form auto-filler tool and opera:flags, a shortcut to settings that allows adventurous users to play with experimental features.

Users will also find a new setting under Browser > Start Page called “Preload Discover contents”, which allows users to switch this feature off.

Platform-specific updates include support for Jump Lists in Windows 7 and 8, plus the addition of Presentation mode to the Mac platform.

In addition to these existing features, Opera has revealed the next set of features it’s working on, with the promise that early versions of these will be rolled out into the Opera Next build over the next few weeks. These include proper bookmarks support, synchronization via Opera Link, improved tab handling and themes.

Opera Next 16 is considered “alpha” software, which is why — like Firefox Aurora — it’s designed to run alongside an existing stable build of Opera, allowing users to experiment with new features without affecting their day-to-day browsing. Updates are frequent as bugs are discovered and fixed, but users should not attempt to rely on Opera Next as their primary browser, hence the separate installation.

Mozilla ponders blinkers for your browser

Mozilla Labs has outlined an experiment it’s conducting in improving the personalisation web publishers can offer readers who browse their sites using Firefox.

The outfit says it’s been working on the idea since last year, when it “conducted a series of experiments in which a user’s browsing history could be matched with interests in categories like technology, sports and cooking.”

In return for opting in to the trial, lab rats were offered “insight into how they spend time online.”

Mozilla Labs is now wondering “what if these interests were also available for the user to share with the websites they visit to get a better, more personalized browsing experience” so that “content creators and consumers could benefit from Web-based interests”?

Here’s one scenario the outfit has imagined as resulting from this line of thinking:

“For example, let’s say Firefox recognizes within the browser client, without any browsing history leaving my computer, that I’m interested in gadgets, comedy films, hockey and cooking. As I browse around the Web, I could choose when to share those interests with specific websites for a personalized experience. Those websites could then prioritize articles on the latest gadgets and make hockey scores more visible.”

Some publishers have already pressed the API for this kind of thing into service, according to the Mozilla Blog, but the code is not in the wild and is being tested – technically and conceptually – as Mozilla figures out how people will react to websites that dynamically change content based on readers’ past behaviours.

One example of successful personalisation mentioned in the posts announcing the initiative is The Guardian’s offer to ensure its readers see no news about the birth of George Alexander Louis Windsor. That’s a service many will doubtless enjoy. Whether such personalisation can result in readers choosing only to encounter lines of inquiry and opinions they already agree with, and therefore deciding to consume media that re-enforces their feelings rather than offering broader perspectives, is a wider debate for another day. Or the comments.