Facebook Joins The NASDAQ As RIM Gets Ditched

Facebook Joins The NASDAQ As RIM Gets Ditched


The NASDAQ-100 is a stock market index which tracks the performance of the largest non-financial companies in the world. Yawn. But every year, it gets a little reshuffle to keep it fresh and relevant — and the changes can be rather telling.

NASDAQ has just announced how its index will change in 2013, and the shuffle is a telling barometer of successes and failures in the tech industry.

Newly public, Facebook will now be on the index, despite controversey surrounding its IPO earlier this year. At the other end of the scale, RIM is off the list — further confirmation that the company is circling the drain.

Perhaps more surprising is the fact that Neflix is also being removed from the list. That’s in fact a hangover from the company’s 2011 decision to split DVD rental and streaming plans, which gave the appearance of a struggle. In reality, its streaming service has seen a huge uptake this year — so it shouldn’t take the news to heart too much. Come to Australia, Netflix…please. [NASDAQ via The Next Web via Verge]

Image by NASDAQ


The Cheapest NBN 50 Plans

It’s the most popular NBN speed in Australia for a reason. Here are the cheapest plans available.

At Gizmodo, we independently select and write about stuff we love and think you'll like too. We have affiliate and advertising partnerships, which means we may collect a share of sales or other compensation from the links on this page. BTW – prices are accurate and items in stock at the time of posting.