Facebook has announced its third quarter numbers, with solid results across the board. Facebook’s monthly active user count (MAU) is now up to 1.55 billion users – up from 1.49b in the second quarter.
Google could beat Apple to the milestone.
Colin Gillis, a technology analyst at BGC Partners predicts Google Inc. will be the first $1 trillion company by market capitalization, not current front-runner Apple Inc.
A third of all credit cards issued in the first quarter were to subprime customers.
Banks and other lenders are wooing risky credit-card borrowers more aggressively than they have since the financial crisis in a bid to jolt revenue in a period of sluggish growth and tight regulation.
The map above shows the largest company by revenue in every state in the U.S. The map drew information from Hoover’s, a Dun & Bradstreet company, database of company profiles. It was created by Mike Simmons in collaboration with Broadview Networks. The site updates information based on figures available from the most recent fiscal year.
“Everyone knows that mobile apps are hot.”
Mobile apps are on a path to reach $70 billion in annual revenue by 2017. And while games drive the majority of app revenue now, they won’t stay on top of the heap much longer.
Dowling College main administrative and faculty offices building.
On Long Island, New York’s south shore on the Dowling College campus, a fleet of unused shuttle buses sits in an otherwise empty parking lot. A dormitory is shuttered, as are a cafeteria, bookstore and some classrooms in the main academic building.
In the fourth quarter of 2013 was the turning point in which the U.S. mobile industry started making more money off of data than from voice. Data became a bigger revenue source for carriers than voice services. From this point on data will be the primary growth driver for the U.S. mobile industry, while voice will recede in the rearview mirror.
“The pay-TV industry has reported its worst 12-month stretch ever.”
2013 has been a tough year for cable-TV operators. This will probably be the worst year for the pay-TV industry in terms of customer retention, according to a report Tuesday by independent research firm MoffettNathanson.
Apparently, new certainties in life are death, taxes, and Internet ad revenues going up. Online ad revenues in the U.S. jumped 18 percent from 2012′s numbers to hit a new record, $20.1 billion, just for the first half of 2013. Mobile revenues were the fastest-growing, soaring 145 percent to $3 billion, and digital video ads, crucial to the growth of visual media online such as YouTube, rose 24 percent to $1.3 billion.
Businesses that allowed employees to work remotely at least three times a month were more likely to log revenue growth.
Should companies rethink a ban on working from home? Here’s one reason to rethink that ban: Businesses with telecommuting policies tend to grow faster than those without them.
Facebook made two pennies per user per month.
A billion people offer their two cents every month to Facebook, literally. That’s about how much income Facebook generated per user each month over the last quarter.
Mobile readership offers publishers a new circulation revenue sources.
Media businesses have already gone through a first wave of digital transition, and in the last few years, mobile has been the next frontier. Publishers have been tasked with deciding whether to offer their content on the smaller-screen devices—and how.