Mark Zuckerberg, co-founder and CEO of Facebook said that he plans to earn from Instagram through advertisements.
Sectors
Samsung is the world's most profitable handset company
Strategy Analytic reported that Samsung already took Apple's place as the world's most profitable smartphone firm.
Facebook makes capital investments worth US$1.6 billion this year
Facebook would make its capital investments worth US$1.6 billion in 2013 to capitalize on the number of its users and its mobile advertising base.
Facebook's mobile ad growth is a model to other social websites - analysts
According to several analysts, the mobile ad boom of Facebook would provide an excellent model for other social networking sites.
Instagram fell victim of cyber crime
The users of Instagram complained about a hack that posted photos of smoothies and fruits to their accounts.
Latest News
Samsung appointed a new African CEO and boosted capital spending. There were several notable events in Samsung recently. One of which was appointing a new CEO for Africa.
The US FTC updated its 2012 advertising guidelines and sent a letter warning Google, Yahoo, Microsoft, and other internet search companies to follow or be fined.
Peter Loescher, the first outsider to lead the company will be leaving Siemens soon. Peter Loescher, chief executive of Siemens and the first outsider to lead the company, will be leaving the company four years ahead of his end of contract.
Acer's president told Austria's Format magazine that the company would recover and make profit again.
Google's mess in China should concern the company as it brings risks of being used as a blueprint in the US.
Analysts said that there are several ways by which Apple could ease the concerns regarding the company's lack of growth.
LifeChurch.tv's bible app recorded 100 million downloads this month and raised US$60 million for the app's development.
Google discontinued its Chromecast-Netflix subscription promo after receiving "overwhelming demand".
Analysts stated that Facebook could earn three times more than its reported second quarter income by allowing users to pay for an ad-free experience.
