Facebook Just Launched A Live Sports Platform

Facebook Inc FB 4.01% has announced the launch of Facebook Sports Stadium, a new platform dedicated to social media interaction centered around live sports events. According to Facebook product manager Steve Kafka, Sports Stadium is a place that fans can gather online and socialize while watching sports even if they aren’t in the same location.

Netflix’s Cash Burn Is Getting Worse

Netflix, Inc. NFLX 1.59% reported Q4 adjusted EPS of $0.07 versus consensus expectations of $0.02. However, with the stock currently sporting a P/E ratio of 273.8, it’s clear that profits are of no importance to the market, at least in the short-term.


Are Macau’s VIP Gamblers Gone For Good?

It’s no secret that Macau gaming revenue has plunged in the past two years following the government crackdown on corruption. While overall monthly revenue numbers in Macau have declined by more than 50% since hitting all-time highs in February of 2014, the VIP gambler segment has been hit much harder than the mass market segment.