Facebook’s growing revenue and net income

Facebook's growing revenues
Facebook's growing revenues

Facebook’s revenue and net income have grown phenomenally. It had a net income of $1 billion last year when its revenues totalled $3.7 billion.  And it’s all because of you, Facebook users.  In its registration statement filed with the US Securities and Exchange Commission preparatory to its initial public offering, it says: [Read more…]

India cracks down on Google, Facebook and social media

Sonia Gandhi is taking after her mother-in-law, Indira Gandhi. Not only is she the undisputed leader of the Congress party; her government is also trying to curb freedom of expression. [Read more…]

Singapore Pools OK, not the casinos?

How much money does the Singapore government make from the lotteries run by Singapore Pools and its other bookmaking activities?

Today reports that Singapore Pools will give S$164.8 million to charity over the next three years. The money will be put into the Tote Board Social Service Fund for the National Council of Social Service to use.

What the report doesn't say is how much money Singapore Pools collects from the punters every week.

Singapore Pools and the Singapore Turf Club are both owned by the Tote Board,  a statutory board under the Finance Ministry.

That puts the government in the same business as the casinos, from which it is trying to protect Singaporeans.

[Read more…]

Times on the Net: You can’t beat the traffic

The New York Times is the newspaper with the best website and gets around four million daily unique visitors (estimated cookies) – way above the other newspapers I checked on Google Trends and Double Click Ad Planner. (See the charts at the end of this post.)

The Straits Times resembles the American, not the British, newspapers shown in the charts in one way.

[Read more…]

Twitter developing tech to evade censors

Twitter is developing technology aimed at preventing the governments of China and Iran from censoring Tweets, co-founder Evan Williams told an audience at the World Economic Forum in Davos, reports Wired, quoting the Financial Times.

Williams can be followed on Twitter here.

[Read more…]