Facebook Gears Up To Reach 1 Billion Users

Less than two years back, Facebook had just about reached 500 million users, and now, they claim to have already crossed 800 million users. And what makes it even more interesting is that 50% of the active users log in every day. An active user is generally defined as someone who logs in once a month. Talk about stickiness. Read more »

Gone In 60 Seconds

19 interesting facts that occur every sixty seconds. Don’t miss the bit that 925 iPhone 4S are sold every 60 seconds as opposed to 193 Blackberry in the same time, or 81 iPads against 18 Kindle Fire, not to mention 11 million conversations on Instant Messengers, and $75,000 added to Google’s revenues. Read more »

AsiaPac Mobile Paid App Market To Touch $871 Million In 2011

Mobile phone application downloads in the Asia-Pacific region are set to touch almost five billion by the end of 2011, up 189% when compared with the 1.6 billion downloads in 2010. What’s more, this is expected to touch 14 billion by 2016. Read more »

Facebook: Revenue $1.6 Bln, Valuation $80 Bln

Facebook’s revenue was an estimated $1.6 billion in 2011′s first half, as investors pushed its valuations at $80 billion (more than 37 times the annual projected revenues). Read more »

ePayment For Governance Services Coming To 11 States

The government plans to launch a single payment gateway for e-governance services in 11 states (including Chhattisgarh, Maharashtra and Goa) by March, 2012, which will facilitate collection of fees for licences and other chargeable services over the internet. Around 20 services, including those provided by both the central and state governments, will be linked to the payment platform in the next two to three months, enabling citizens to make online payments and doing away with the need to visit government offices. Read more »

$388 Bln, The Cost of Global Cybercrime, 431 Mln Victims

A Norton study across 24 countries, calculates the cost of global cybercrime at $114 billion annually with an additional $274 billion estimated as the value that the victims surveyed placed on time lost due to their cybercrime experiences. This incidentally is more than the combined global black market in marijuana, cocaine and heroin ($288 billion). Read more »


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