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Facebook beats Twitter: Jefferies

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San Francisco, Aug 26 (IANS) Though Twitter is a favourite place for US President Donald Trump to reach his audience, it has lost out to Facebook as Wall Street firm Jefferies slashed its investment rating on Twitter to neutral from buy.

Jefferies also cut Twitter’s price target by $4, from $20 to $16 a share.

According to a report in Investopedia on Friday, Jefferies analyst Brent Thill argued that while Twitter has broad user engagement, it was having a hard time monetising it.

“In social (media) we see a clear winner in FB (Facebook),” Thill was quoted as saying.

According to Thill, the price target could fall fyrther, another four per cent.

Twitter’s shares rose only up a little more than one per cent in 2017 while the Facebook stocks rose over 40 per cent.

Unlike Twitter, Facebook has had no trouble to grow its user base and make money from advertising in the second quarter (Q2).

In Q2, the micro-blogging site’s revenue was down five per cent to $574 million. Also, its monthly active user base showed a stagnation.

In an effort to attract advertisers, Twitter collaborated with several media houses to broadcast programmes and sports events live. But even that has not paid off as Facebook offers a stronger digital video propositions.

“We will pay close attention to advertiser sentiment over coming months and effectiveness of live video,” Thill noted.

–IANS
qd/in

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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