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Net Income Up 77%, Baidu’s Q4 Revenue Up 82.5% to $711M

February 20, 2012

Baidu, the giant of Chinese search, posted Q4 revenues that revealed an 82.5 percent increase over the year before. Revenues hit RMB4.474 billion ($710.9 million), while the quarter’s net income hit RMB2.054…

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Facebook to Bank $1.2 B Per Year on Mobile Ads

February 20, 2012

Though Facebook has yet to advertise on mobile devices (smaller screens present enormous marketing hurdles), that hasn’t stopped the web world from speculating just how much the social media agency stands to…

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Google+ Grows Brand Followers by 1400% Since December

February 20, 2012

Brands on Google+ are growing followers like crazy. A new report from BrightEdge, the SEO and digital marketing startup, indicates that the number of users following the top 100 brands on Google…

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Twitter’s Date with the Censor: Is There a Silver Lining for Free Speech and More?

February 16, 2012

By Craig A. Newman* When Twitter Inc. announced its decision last week to censor tweets that offend country-specific content restrictions, the backlash from free speech advocates and users alike was prompt and…

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LinkedIn Top Social Job Recruiter, Followed by Twitter, Facebook

February 15, 2012

Bullhorn, a developer of a recruitment software and application system, recently released the Social Recruiting Activity Report, and named LinkedIn as the leader in terms of frequency of usage by recruiters and…

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Little Black Bag Pockets $2.75M for New Approach to Social Commerce

February 7, 2012

Recently launched startup Little Black Bag strives to take social commerce to the next level. The company bases its approach on the fukubukuro, or “lucky bag sale,” in which shoppers buy a…

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Facebook Files IPO for $5 B

February 7, 2012

Eight years after Mark Zuckerberg launched the world’s largest social media site from his Harvard dorm room, Facebook has finally decided to go public, aspiring to fetch $5 billion for its recent…

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Living Social

February 5, 2012

In the vein of Groupon, LivingSocial offers daily deals that users can easily share with friends and family. Rather than scooped from the random deal bargain bin, each offer is researched and…

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Want More Interaction on Your Site? Go Social

January 30, 2012

Sites live or die based upon whether or not people actually spend time on them. As the next big thing quickly becomes last Tuesday’s fad, it’s no longer enough to just be…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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