Google and Egypt Ink $10 Million Deal

Online Spending In The U.K. Set To Double

Online spending in the U.K. is set to increase from $14.6 billion to as much as $34.9 billion in annual sales by the end of 2011, according to a new report by PayPal. This 137 percent growth in online spending means consumers in 2011 will spend the equivalent of about $705 for every U.K. adult - more than doubling the current annual online spending.

The Power Of Twitter

Two recent reports illustrate the power of Twitter in two important metrics—driving visits and purchasing power. Hitwise analyzes overall downstream traffic for Twitter, while NPD Group takes a look at downstream purchases generated by Twitter.

Mimic the Inauguration with New Facebook Offering

Facebook launched the Live Stream Box today, which is a feature that lets website owners and developers enable Facebook users to connect, share, and post updates in real-time as they witness events online. Think CNN's Facebook integration from the Presidential Inauguration.

Yankees Fans Can Now Catch Games Online

Major League Baseball said today it is partnering with Cablevision and the New York Yankees cable network, YES, to offer live games online in the team's local market. "These agreements are an important part of our global effort to give fans greater access to our game," said Baseball Commissioner Allan H. (Bud) Selig.