Facebook believed that advertisement price US$2.5 million per day was reasonable considering the potential of 1 billion users watching the 15-second long video ad.
Software & IT services
Obama's reprieve can aid Apple's sales, hurt Samsung
Analysts said that US President Barack Obama's ruling could aid the sales of Apple and could be Samsung's setback.
Google's Moto X is crucial but not enough - analysts
Analysts said that Google's Moto X would not be enough to aid it in establishing a stronger presence in the growing smartphone market.
Quick Heal to go public
Quick Heal revealed its plans to go public next year. Quick Heal Technologies, a security software developer, announced it intends to launch an initial public share offering in India.
Facebook hires first marketing chief from Google
Facebook hired Gary Briggs from Google's Motorola Mobility as its first ever marketing chief. Facebook hired Gary Briggs, Motorola Mobility's former chief marketer, to be the social networking site's first ever chief marketing officer.
Latest News
The stocks of LinkedIn surged up to 10% today even with trailing revenue projections. Today, LinkedIn stocks rose up to 10% after the company reported its second quarter earnings.
Moto X, the phone from Google and Motorola, offers a new phone experience to its owners and users. Motorola is launching a new phone, billed as 'always listening' for the voice commands of its owner.
Facebook would launch a 15-minute ad video that would cost US$2.5 million per day for advertisers. Facebook planned to launch video ads into the news feeds of users that would last for 15 seconds.
BlackBerry began testing its BlackBerry Messenger services on Android and iOS devices. BlackberryOS. com reported that iPhone and Android users could already use the services of BlackBerry Messenger.
IBM Corp disclosed that the SEC is probing how the revenues of their cloud computing business is generated.
Former NCAA athletes scored a win against Electronic Arts as a federal appeals court rule rejected the company's attempt to quash their case for unauthorized use of images in the latter's video games.
Financial analyst said that BlackBerry's operations and intangibles would present a strong margin of safety for investors.
Chinese organizations accused Apple Inc's supplier Foxconn and Taiwanese supplier UniMicron Technology Corp of environmental violations.
Apple described the US Justice Department's proposal to regulate its e-book sales as "draconian and punitive."
