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Twitter Ad CPMs Much Higher than Facebook Advertising Banners

According to a study of 45 billion ad impressions on Twitter and Facebook in Q1 2012 by TBG Digital, Twitter gets much higher CPMs than Facebook and earns more money per impression than Facebook

AOL Sells 800 Patents, Licenses 300 to Microsoft for $1.056 Billion

AOL has agreed to sell a portfolio of over 800 patents, and license approximately 300 more, to Microsoft for $1.056 billion.

Facebook Acquires Mobile Photo Sharing App Instagram for $1 Billion

Facebook has purchased Instagram, the very popular photo-sharing application, for approximately $1 billion in cash and stock, according to the Company.

Facebook to List on the Nasdaq under Ticker Symbol FB

Facebook will list its shares under the ticker symbol FB on the Nasdaq

James Murdoch Resigns as Chairman of News Corp. Subsidiary BSkyB

James Murdoch is to resign as Chairman of BSkyB, as the phone hacking scandal continues to engulf Rupert Murdoch’s News Corp. empire

Sir Martin Sorrell’s WPP Doubles Spending on Facebook Social Media to $400 Million

WPP agencies doubles spending on Facebook, to $400 million

Research in Motion co-Founder Jim Balsille Resigns Amid Fourth Quarter Loss

Amid dismal results, Research in Motion’s Jim Balsille steps down

Rupert Murdoch’s News Corp. to Launch Rival to Walt Disney’s ESPN

Rupert Murdoch may be about to launch a sports network to rival Walt Disney’s ESPN

Yahoo Board Appoints 3 Directors as it Prepares for Proxy Battle with Daniel S. Loeb

In the wake of a looming proxy fund with hedge fund manager Daniel S. Loeb, Yahoo has announced it has appointed three independent directors

Oracle Profits Up 18%, New Licenses Beat Wall Street Estimates

Oracle expects non-GAAP Q4 Earnings Per Share (EPS) of $0.76 to $0.81 vs. $0.76 estimates.

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