Facebook officially announced on Wednesday via its filing for an initial public offering (IPO) how the company fared in 2011. The filling provides more insight on the company's revenue, reporting a $1 billion profit last year on revenues just over
$3.7 billion, an 88% increase in revenue over the previous year. The company currently has two other main sources of revenue: advertising, and partner payments from apps
that sell things on the Facebook platform.
While it might not be the first social networking site to go public, it is by far the largest since Google, and targets to raise around $5 billion. There's no doubt it will reach goal, seeing as it has 845 million active users (483 million of whom return to the site daily).
Recent studies suggest that 70% of US adults have suffered eye strain through the use of computer screens and digital devices. This has created awareness of the issues of eye strain, and associated health issues, and of the importance of having regular checkups for your eyes. Read more
If you take a look at the big names that appear in advertisements for mobile games, you'll know immediately that there is a ton of money to be made here. While so many of these games are so called 'free to play,' the industry around them is booming. And you will take notice. Read more
Many healthcare innovations have completely transformed the way we approach healthcare. Let’s take a look at four healthcare technologies from the future that will blow your mind and may, in time, improve your life. Read more