Citigroup Inc. today reported net income of $1.2 billion, or $0.38 per diluted share, for the fourth quarter 2011 on revenues of $17.2 billion. This compared to net income of $1.3 billion,…
Facebook IPO reportedly due late May
Facebook is expected to make its long-awaited initial public offering (IPO) in the third week of May, according to US reports. If FaceBook plan to go public in May,must file its IPO…
iCrossing predicts 1 Billion Users for Facebook in August
Digital marketing firm iCrossing has announced that it is expecting Facebook to reach 1 Billion Users in August 2012 by extrapolating the current growth rate of Facebook. iCrossing says that emerging economic…
Facebook starts displaying ads in the News Feed.
Facebook began inserting advertisements directly into users’ news feeds today. Currently if a Facebook user clicks the ‘like’ button on a brand’s page on the site, the social network can use the…
US State Department now taking questions on Twitter
According to State Department Press Secretary Victoria Nuland, Secretary of State Hillary Clinton is encouraging employees at the State Department to use new technology and social media as a key part of…