Groupon's CEO Pegs 2010 Revenue At $760 Million
When Groupon was said to have turned down a $6 billion acquisition offer from Google, many onlookers wondered what could possibly have motivated that decision. Now we know: the ability to earn $760 million in revenue in 2010, along with the goal of bringing in over a billion this year. Those figures were mentioned in […]
Developing Web Video for Profit
In a recent online study*, Elastic Path found that people are watching large amounts of video online and on an increasing variety of devices – no surprise there. But the study also finds that viewers are also starting to warm up to the idea of paying for online video. That’s very good news. Creating and […]
Indonesia Is A Huge Social Media Nation
Earlier at iStrategy, John Goodman from Ogilvy Noor had shared about the rising opportunities and abundant potential in marketing to the third one billion after China and India. “Being the 16th largest country in the world, with a population of about 238 million – it isn’t a surprise to know that Indonesia is the second […]
Thanks to Our Data, Facebook likely to hit $2 Billion Sales This Year
According to Bloomberg’s sources, Facebook could hit $2 billion in sales this year. With over 500 million active users and 700 billion display ads a year, this figure didn’t come as a surprise. If the figure were indeed true, that would mean that more than 60 percent of the world’s social networking spending is coming from […]
Google Reaches Deal With France's Biggest Publisher
Following a significant period of inactivity (brought on by outright hostility), Google Books has made a breakthrough. France’s largest publisher has agreed to an arrangement that’ll allow Google Books to scan many of its out-of-print works. The last time we heard about Hachette Livre and Google was probably when Hachette objected to the Google Books […]
Want to Access Banned Sites in China? Get an Amazon Kindle
To their amazement, they are able to access Twitter and Facebook through Amazon’s Kindle without having to manually evade the firewall. Chinese bloggers told the media they were surprised to get access to sites banned by the Chinese authorities. “I still can’t believe it. I casually tried getting to Twitter and what a surprise, I […]
Google Goats Return to Lawn Mowing Duty in Mountain View
Look out, keyboard cats: here come the Google goats! The search giant has trotted out an organic solution to mowing an overgrown field at Google HQ again this year, in the interest of reducing the company’s carbon footprint. We know that Google’s job interview questions can be quite grueling, so we have to imagine these […]
The Multi-Billion Dollar Question: Will Users Click on Twitter Ads?
It’s official: Twitter’s advertising platform launches in the next 24 hours. The much-anticipated Twitter business model will begin appearing in search results in the afternoon, with ads on Twitter.com and within third-party apps to follow. The launch of the new ad platform, known as Promoted Tweets, isn’t a surprise — like any other company, Twitter […]
The Current State of Twitter [INFOGRAPHIC]
Muhammad Saleem is a social media consultant and a top-ranked community member on multiple social news sites. Follow him on Twitter for more social media insights. There is no doubt that Twitter has been a runaway success. Add to their rapid growth the recently announced @anywhere platform, and plans for further international expansion, and it […]