Amazon has reportedly submitted plans for a new futuristic headquarters in Seattle that couples a skyscraper and an accompanying tri-sphere bio-dome like structure. According to the plans, the structure will be able to hold various forms of plant life and become a place where employees can “work and socialize in a more natural, park-like setting.”
Because God forbid employees walk to the park… → Read More
Google is under fire in the UK for its tax practices in the country, and a new key witness (who spoke to The Sunday Times) might put them in deeper hot water when he hands over a reported 100,000 emails and documents to the British Revenue & Customs (HRMC) services. Barney Jones, a former Googler who was at the company between 2004 and 2006, says he has material proof that Google’s London… → Read More
$FB is still stuck at $26.25, way down from its $38 IPO price, but it’s made important progress since going public a year ago. Daily users up 26%, mobile monthly users up 56%, and revenue up 38% are some highlights. It’s running out of people to sign up in the developed world, but with this growth and no serious competitor in sight, it’s survived its hardest year yet. → Read More
Facebook is hoping to give developers a better way to get discovered and improve Graph Search. So today it announced it’s finished rolling out “Sections” for Timeline that show what apps you use, which people now add 200 million items to daily. New features coming alongside the rollout include the ability for users to rate different types of media and for developers to track traffic from Sections. → Read More
“Home is the first product we’ve released that’s really about ‘mobile-best’ and the transition beyond ‘mobile first’” said Facebook’s Cory Ondrejka. To further that, Facebook previewed some new features Home will get eventually including a “Dash Bar” buddy list for starting chats, an improved “Dock” for your favorite apps, and a better “new user experience” onboarding flow. → Read More
It appears that as people switch from the desktop where Facebook shows multiple ads per page to mobile, Facebook is earning less ad revenue per user in its most important markets. While user growth helped total revenue increase, in the US and Canada Facebook earned $2.85 on ads per user (ads ARPU) in Q1, down from $3.30 in the holiday Q4 2012, but also down from $2.87 in Q3. Another important stat… → Read More
Facebook has just posted its earnings for the quarter that ended March 31, 2013. Facebook hit $1.46 billion in revenue up 38% from Q1 2012, beating Wall Street estimates of sales of $1.44 billion. Facebook reported earnings of $1.06 billion for the same quarter a year ago. Earnings per shared missed estimates, staying flat at $0.12 (analysts had expected earnings per share of $0.13. Net income… → Read More
How do you get hundreds of millions of people to consider downloading your app? One of the only answers is Facebook’s app install ads. With the app stores overrun and every company going mobile, app install ads are Facebook’s big chance to monetize mobile. Companies like 1-800-Flowers and Poshmark say the ads are already a hit, and I think they could be the star of Facebook’s earnings tomorrow. → Read More
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