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%241 billion

Article

Facebook flying high with $2.59 billion in Q4 revenue

The social network continued to conquer on mobile with $1.25 billion in revenue from ads running on smartphones.

By January 29, 2014

Article

RIAA: Consumers are shelling out for subscription music

Subscription services such as Spotify and Rhapsody can tell their critics to put a clamp on it. In 2011, revenue jumped 13 percent to $241 million, even as overall music sales rose barely at all.

By March 27, 2012

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Twitter lets advertisers promote website content

The social network goes after more ad sales with a unit meant to be effective for marketers and ideally enjoyable for users.

By April 25, 2014

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Facebook Q4 by the numbers: 1.23B members and $1.25B in mobile sales

The social network surprises again with just how much money it can make from its mobile ad initiatives.

By January 29, 2014

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NASA's new Mars rover, Curiosity, kills time on Twitter

The $2.5 billion science lab still has millions of miles and plenty of tweets to go on its journey to the Red Planet.

By March 15, 2012

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Facebook ups IPO again -- this time with more shares

It will now offer as many as 484.4 million shares of common stock. More shares means the possibility of raising even more cash in this week's IPO -- potentially now up to $18.4 billion.

By May 16, 2012

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Twitter beats estimates, but shares slammed on user growth worries

Sales more than doubled as Twitter posted better-than-expected earnings. But the stock falls as Wall Street frets about the pace of user engagement.

By April 29, 2014

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iHeartRadio Music Awards to recognize top artist of Instagram

Clear Channel signals the significance of the social photo and video app in connecting fans and stars by adding a new category to its inaugural awards show. Voting, of course, will take place on Instagram.

By April 28, 2014

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Facebook score a bargain with $16B acquisition of WhatsApp?

The popular messaging app is larger and growing faster than Facebook's closest rival, Twitter, which has a higher market cap.

By February 19, 2014

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PlayStation 4 beats out Xbox One as the best-selling console

New data shows that Sony's console sales were nearly double those of Microsoft in January. Meanwhile, video games sales fell compared with the same time last year.

By February 13, 2014