Internet Advertising Reaches Record $26 Billion In 2010
Internet advertising revenues reached $26 billion in 2010, up 15 percent from 2009, according to a new report from the IAB and PricewaterhouseCoopers (PwC).
Worldwide IT Spending To Total $3.6 Trillion In 2011
Global IT spending is on track to total $3.6 trillion in 2011, a 5.6 percent increase from $3.4 trillion in 2010, according to the latest forecast from Gartner.
Angry Birds Lands Rovio $42 Million In Funding
Rovio the company behind the popular Angry Birds game, said today it has raised $42 million in Series A investment to help it expand.
Global IT Spending Reached $1.5 Trillion In 2010
Global spending on information technology climbed to its fastest rate of growth since 2007 last year, driven by pent-up demand for hardware upgrades and infrastructure investment after the financial crisis and global recession of 2009, according to a new report from IDC.
TD Ameritrade Settles With SEC For $10 Million
Online brokerage firm TD Ameritrade will reimburse $10 million to customers to settle Securities and Exchange Commission charges it misled them when selling shares of the Reserve Yield Plus Fund, a mutual fund that "broke the buck" in September 2008.
Google Q4 Revenue Tops $8 Billion, Schmidt To Step Down As CEO
Google's fourth quarter earnings surpassed analysts expectations giving the company its best profitability since 2006.
Facebook Revenue Stronger Than Expected
Facebook is bringing in revenue at a higher rate than expected, and is set to attract so many investors this year that it will likely have to release financial information similar to a publicly traded company by April 2012, according to a document from Goldman Sachs.
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