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Holiday Gift Card Spending To Reach $24 Billion
Americans plan to spend an average of $145.61 on gift cards this holiday season, up from $139.91 last year, according to a new survey from the National Retail Federation (NRF), conducted by...
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Amazon.com Invests $175 Million In LivingSocial
Local social shopping website LivingSocial has secured a $175 million investment from Amazon.com.LivingSocial has also secured an additional $8 million investment from Lightspeed Venture Partners....
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Adobe Reaches Record $1 Billion In Revenue
Adobe Systems reported its financial results for the fourth quarter beating analysts expectations and raising its outlook. Adobe said it reached record revenue of $1.008 billion in the fourth quarter,...
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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...
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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.Google reported revenues of $8.44 billion in the fourth quarter of 2010,...
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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...
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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...
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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.Currently, Angry Birds is played by 40 million monthly active users,...
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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. Gartner has included media tablets, such...
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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). Fourth quarter revenue also hit new highs at...
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