Not too long ago, Zuckerberg et al at the corporate headquarters of Facebook took a huge bet — $1 billion to be exact. With their massive purchase of Instagram, Facebook was betting that the future of social networking would be in mobile, even despite the fact that Facebook had already hit over 900 million users....
For the most part, when a huge corporate client withdraws a multi-million dollar account from a company that relies on that revenue for their own livelihood, panic might set in. A sense of impending doom, certainly. Anger, probably. In the case of Facebook — in this example, the company that relies on that ad revenue...
If you’ve opened up your browser within the past 48 hours you probably already know that Facebook just recently purchased Instagram, the mobile photo-sharing social network, for $1 billion dollars. That’s a lot of money. But, for a company that is rumored (and projected) to have roughly $4 billion in revenue through the next year,...
Pinterest has set out on a social networking excursion that would frighten even the most ironclad of companies: In a world full of intimidating social networking behemoths like Facebook, Twitter and LinkedIn, Pinterest seeks to gain substantial market share in the social networking industry while simultaneously creating something that is both inventive and one of a kind....
Google, for all of its amazing products — just what would we do without the ability to Google web pages? — has certainly been on the receiving end of its fair share of lawsuits. Google’s mobile operating system, Android, has been the target of many a lawsuit, most recently by British Telecom regarding several of...