Facebook has said it has 901 million users and is likely that it pass the one billion user mark well before the end of this year.
The company, which displayed the statistics in its amended S-1 filing, also said that its network receives 3.2 billion comments per day and 300 million new photos daily.
Google Inc’s (GOOG.O) former chief executive Eric Schmidt received a bump in his annual salary to $1.25 million from the $1 he received in the previous year, after he became the executive chairman of the company in April 2011.
Schmidt’s total compensation last year swelled to $101 million thanks to a previously announced equity award granted when he ended a 10-year stint in the top job at Google, according to a filing with the U.S. Securities and Exchange Commission on Friday.
Bill Gates is set to become the next comic book hero. The Microsoft founder’s life will now be made into a graphic novel releasing by the end of the month. It will also be available on Nook and Kindle.
He’s no superhero in the traditional sense, but Microsoft co-founder and philanthropist Bill Gates has touched many lives.
And now a comic with colorful illustrations will illustrate his life.
Internet advertising revenue in the United States jumped 22 percent to $31 billion in 2011 setting a record high.
The bulk of last year’s spend went to search and display advertising, according to a report from the Interactive Advertising Bureau and PwC released on Wednesday.
The numbers show the growing importance of digital among advertisers who are choosing to place more dollars on websites, smartphones, and tablet devices to reach consumers.
Apple Inc (AAPL.O) and Samsung Electronics Co Ltd (005930.KS) agreed that their chief executives would participate in settlement talks to try to resolve a patent lawsuit over smartphone and tablet technology, according to a court filing.
Apple sued Samsung in the United States last year, saying the South Korean company’s Galaxy line of mobile phones and tablets “slavishly” copies the iPhone and iPad. Samsung then countersued Apple.
The new iPad will be available in India from April 27, Apple Inc said on Monday, a month after it started selling the latest version of its popular tablet computer in 10 countries including the United States.
The third iteration of the best-selling device is priced between 30,500 rupees and 50,900 rupees in the Indian market depending on the variant.
The principles of openness and universal access that underpinned the Internet’s creation are facing their greatest-ever threat, the co-founder of Google(GOOG.O) Sergey Brin said in an interview published by Britain’s Guardian newspaper on Monday.
Brin said the threat to freedom of the Internet came from a combination of factors, including increasing efforts by governments to control access and communication by their citizens.
Video-sharing website YouTube, owned by Google, aims to spruce up its social networking skills through better integration across platforms, and hopes to more than double annual ad revenue in emerging markets like India, a top executive said.
“YouTube has been lacking great social features. Commenting and sharing have been part of YouTube, but the experiences could be much better than they are,” Tom Pickett, global content head for the website, told Reuters in an interview on Thursday during a visit to India.
YouTube says it gets around 800 million unique users every month. India is the second-biggest source of content for YouTube, after the United States.
The cybersecurity community raked Apple Inc (AAPL.O) over the coals on Wednesday, saying the company had dragged its heels on eradicating malware that experts say may have infected up to 600,000 Macintosh computers and can be used to ferret out sensitive user information.
The consumer electronics company said it was working on finding and ridding “Flashback” malware that exploits a flaw in Oracle Corp’s (ORCL.O) Java software. Apple has issued patches and is now developing software to detect and eliminate Flashback, it said on its website. The company declined to elaborate.
But Apple is catching heat for not having quickly addressed the issue, even after Oracle distributed its own patch in February.
Kevin Systrom is the cofounder and CEO of Instagram, which Facebook just acquired for $1 billion.
Reports say Systrom will make $400 million in the deal.
Instagram is a photo-sharing app that launched just a couple years ago, and already has 30 million users.
We’d love to talk to Systrom about the deal, how he got to where he is today, and his plans going forward.
Facebook will pay $1 billion in cash and stock for Instagram, a 2-year-old photo-sharing application developer, in its largest-ever acquisition just months before the No. 1 social media website is expected to go public.
The price was stunning for an apps-maker without any significant revenue, even when measured by the lofty standards of Silicon Valley, where startup valuations have soared in recent years. It highlights the rising stakes in the social networking market in which services such as Facebook need to constantly excite consumers with new features and mobile applications.
(CNN) – Actor Ashton Kutcher, who got his break on “That ’70s Show,” will go back to the 1970s to play tech visionary Steve Jobs in an indie film about Jobs’ early life and the founding of Apple.
Production on the film, “Jobs,” is scheduled to begin in May while Kutcher is on hiatus from his hit CBS series “Two and a Half Men, “reports Variety, the film-industry trade publication. It will be directed by Joshua Michael Stern (“Swing Vote”) and “will chronicle Steve Jobs from wayward hippie to co-founder of Apple,” according to Variety. READ MORE
It all started with a brown-coloured syrup, which was relatively harmless, sold only at pharmacies. You’ve guessed it: we are talking about Coca-Cola, the most famous soft drink in the world. The reasons for this success were certainly not the syrup’s magical properties (the syrup didn’t take long to leave the shelves), but mostly the several, extremely well crafted marketing campaigns, and a few strokes of luck. One of those was its happy association with Santa Claus; the other was the ingenious design of its bottle.
Social networking giant Facebook has hired an engineering student here for a fat annual pay package of Rs 1.34 crore, one of the biggest offers made to alumnus of any technical institution of the country.
According to P Chakravarti, Director of the Motilal Nehru National Institute of Technology (MNNIT), a B Tech student from the institute, who has requested that his name be withheld for “security reasons”, received a letter on March 27 from Facebook confirming his appointment and the annual pay package on offer was stated to be USD 262,500 (around Rs 1.34 crore).