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Tag Archives: internet

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Sources close to Facebook have revealed a sneak peak at the company’s finances.

The social network’s profits have doubled in one year, and are now likely to be a full billion dollars this year.

That figure is double the reported figure for last year.

The company reportedly made $714 million profit in the first three quarters of this year, on revenue of $2.5 billion.

It is expected to clear the billion mark in the last quarter.

Mark Zuckerberg reportedly owns 24 per cent of the shares in the company, according to the figures obtained by Gawker.

The Wall Street Journal recently valued the company at $100 billion – putting Zuckerberg’s personal stake at $24 billion.

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Spotted: TechCrunch

Facebook released a wealth of data about 2011′s most shared content, both globally and for specific countries. Across the world, Osama Bin Laden’s death was the most popular status update topic, followed by the Green Bay Packers’ Super Bowl win and the Casey Anthony trial.

When compared with the top spiking tweets of the year, differences between Twitter and Facebook become clear. Twitter’s real-time focus led entertainment awards shows, natural disasters, and sports to dominate, while Facebook’s discussion capabilities led world news and celebrity deaths to trend there.

The official Facebook Page currently features a Memology 2011 app that displays popular cultural phenomena from several different countries. In the US and Canada, the acronym “lms” (like my status) became a prevalent way to request a visibility increase for one’s content. This indicates that users at least vaguely understand how the EdgeRank news feed sorting algorithm works. Meanwhile, “tbh” (to be honest) gained popularity as a method of expressing that one was speaking sincerely — context that can be difficult to determine purely from text.

The top 6 fastest growing news outlets were: 1. CNN, 2. Fox News, 3. NPR, 4. The Onion, 5. The New York Times, and 6. Al Jezeera, showing the diversity of opinions and interests of Facebook’s user base. Rihanna’s “We Found Love” was the most listened to song. Facebook’s inclusion of song listening data underscores how its new Open Graph listening applications could become a way to accurately track song popularity beyond sales.
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Ludacris Launches Children’s Website Karma’s World
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Ludacris launched a new website for his number one fan, his daughter Karma.
Karmasworld.com, a hip new educational website for children is inspired by and dedicated to his 10 year old daughter Karma Bridges.
The site is a cool interactive world for kids featuring well-produced original pop songs with clever educational lyrics, as well as fun games and stories that kids will love. Read More

Google gives a short history on the evolution of search.

In today’s world, we no longer have to watch cable television stations like MTV or BET in order to catch up on the latest trends, news and music videos.  Laptops, tablets and mobile devices such as Androids and iPhones allow us to explore the blogosphere for all the information we need.  Majority of hip hop artists are being discovered daily on popular sites like youtube and twitter which are all intertwined with the urban blog world.

Our staff at GWOP Magazine has put together a list of the top urban websites of 2011 that are available at your finger tips.  Checkout the full list after the jump.

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Steve Stoute gives his thoughts on the CNN Black In America 4 documentary and Silicon Valley. Read More

 

One of the best things about the internet is that there is no such thing as age discrimination when it comes to being successful online.  It doesn’t matter if you’re 12 or 80 years old, you have as much chance as anyone to become rich and famous through your online efforts.  Checkout our list of successful online entrepreneurs who have made their dreams a reality through online business living the internet lifestyle. Read More

Google+, the latest social networking website on the block, is now the 8th largest social network. The site saw a 1,269 percent increase to 15 million visits in one week after allowing access to the general public. One previously needed an invitation to join the site. Web analytics firm Hitwise ranked the website as the 54th largest social networking site prior to giving access to the general public.

Happy Born Day Google from #GWOP Magazine !

A typical domain name might cost you around $12 bucks, but not if your looking for one that captures a popular industry in cyberspace.  From sex to money to shopping, check out these pricey domain names and how much they have sold for.
Business.com has reigned as the world’s most expensive domain name, founded by former Walt Disney Internet Group chairman Jake Winebaum and Earthlink founder Sky Dayton.  
Match.com founder and entrepreneur Gary Kremen decided to get out of the adult entertainment industry and sold Sex.com for $15 million in cash and stock back in 2006.
Popular kids store, Toys R Us bought domain Toys.com in 2009 for $5.5 million.
Checkout full list below:
Notable Names, Pricey Domains
Business.com
$350 million (2007)
Internet.com
$18 million (2009)
Sex.com
$15 million (2010)
Diamond.com
$7.5 million (2006)
Beer.com
$7 million (2004)
Toys.com
$5.5 million (2008)
Clothes.com
$4.9 million (2008)
Vodka.com
$3 million (2006)

Source: Domain Name Journal