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 has agreed to sell a portfolio of over 800 patents, and license approximately 300 more, to Microsoft for $1.056 billion.
Facebook has purchased Instagram, the very popular photo-sharing application, for approximately $1 billion in cash and stock, according to the Company.
Facebook will list its shares under the ticker symbol FB on the Nasdaq
James Murdoch is to resign as Chairman of BSkyB, as the phone hacking scandal continues to engulf Rupert Murdoch’s News Corp. empire
WPP agencies doubles spending on Facebook, to $400 million
Amid dismal results, Research in Motion’s Jim Balsille steps down
Rupert Murdoch may be about to launch a sports network to rival Walt Disney’s ESPN
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 expects non-GAAP Q4 Earnings Per Share (EPS) of $0.76 to $0.81 vs. $0.76 estimates.