Facebook Files $5 Billion IPO
The speculation is over. Facebook Wednesday filed for an initial public offering to raise up to $5 billion in a deal that could ultimately value the social network at an estimated $75 billion to $100 billion. Though less than the $10 billion rumored, the transaction would be the largest IPO ever by an Internet company, easily eclipsing the $1.9 billion raised by Google in 2004. The $5 billion...
Read MoreTablet Shipments To Reach 383.3 Million By 2017, 46% In Emerging Markets
Post-PC era? Here we come: According to new data from NPD, tablet PC shipments are expected to grow from 72.7 million units in 2011 to 383.3 million units by 2017. For comparison purposes, worldwide PC shipments for 2011 were 352.8 million, after seeing a 6% decline in Q4. While those numbers are remarkable enough on their own, what’s really interesting is where much of the growth will come...
Read MoreHP commits to open-source webOS by fall 2012
Hewlett Packard will make its webOS mobile operating system fully open-source by September 2012, kicking off the transition by releasing version 2.0 of its JavaScript-based Enyo framework under Apache license. HP’s proposed open-source transition timeline covers release phases, governance, tools and documentation, with plans calling for the company to make additional individual elements of...
Read MoreGoogle: Android’s Menu button is dead, long live the ActionBar
Google (NASDAQ:GOOG) is urging developers to abandon their reliance on the Android operating system's dedicated Menu button, instead migrating their applications to the ActionBar introduced in Android 3.0, a.k.a. Honeycomb. Early iterations of Android leveraged the Menu button as a tool to display all options relevant to the user, but with Honeycomb, Google began steering Android away from a...
Read MoreThe Impact Of App Discounts And The Impact Of Being A Featured App
It is our pleasure to release our latest Distimo Publication. This report gives an overview of the effects when an application is featured in the Apple App Store for iPhone, Apple App Store for iPad and Google Android Market. Moreover, this report shows the effects that occur when applications are put on sale. We conclude with data about the average prices of the highest grossing applications,...
Read MoreIn-app purchase revenues to top $5B in 2015, fueled by loyal users
In-app purchases are on pace to generate 64 percent of total mobile application revenues in 2015, up from 39 percent in 2011, according to information and analysis provider IHS Screen Digest. The firm adds that in-app purchase revenues will rise to more than $5.6 billion in 2015, compared to $970 million a year ago. As of the third quarter of 2011, freemium applications–i.e., free downloads...
Read MoreRIM Falls After Replacing Co-CEOs With Insider to Battle Apple
Jan. 23 (Bloomberg) — Research In Motion Ltd. fell after replacing co-Chief Executive Officers Jim Balsillie and Mike Lazaridis with an insider who said he sees no need for radical change as the company struggles to compete with Apple Inc. Thorsten Heins, a chief operating officer who joined RIM four years ago from Siemens AG, will replace the pair in the CEO post effective immediately, RIM...
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