News
Facebook revenue increases to £1 billion in first half
Facebook's revenue rose to $1.6 billion (1 billion pounds) in 2011's first half, a source with knowledge of its financials has confirmed to Reuters. Net income in the first half of 2011 came to almost $500 million, according to the source, who wished to remain anonymous because privately-held Facebook does not disclose its results.
Share our news:
Latest Articles
Negotiations continue in the US between Google Inc and Motorola Mobility Holdings Inc. Google raised its bid by 33% to $12.5 billion (£7.9 billion) following two weeks of negotiations between the two companies.
Network Rail is set to lose a key figure in July 2011. Royal Mail have announced that they will be bringing in a new Chief Information Officer from Network Rail after the departure of Yvonne Ferguson and Robin Dargue, both who left the company in the past 18 months.
Prosecutors in the US have launched a criminal probe into whether eBay Inc employees took confidential information from classified ad website Craigslist as eBay sought to build a rival service.
