The social network continued to conquer on mobile with $1.25 billion in revenue from ads running on smartphones.
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.
The social network goes after more ad sales with a unit meant to be effective for marketers and ideally enjoyable for users.
The social network surprises again with just how much money it can make from its mobile ad initiatives.
The $2.5 billion science lab still has millions of miles and plenty of tweets to go on its journey to the Red Planet.
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.
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.
The popular messaging app is larger and growing faster than Facebook's closest rival, Twitter, which has a higher market cap.
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.
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.