Advertisers are on track to spend $21.4 billion on the Internet in 2007, according to an eMarketer online ad spending report. By 2011 spending on advertisements online is estimated to hit $42 billion.
Facebook Bubble Cult Pushes Value To $100 Billion
Put your coffee down, you’ll spit it. Facebook cheerleaders, from within what must be a social networking tunnel (or cave?), have transformed themselves into prostrate worshipers, transubstantiating reason to whatever the digital equivalent is of 72 virgins.
$10 Billion For Facebook Makes Some Sense
$10 billion is a lot of money, but some say that’s how much Facebook is worth. $15 billion is, of course, even more, and the social network’s value has also been connected to that figure. Believe it or not, this isn’t total lunacy.
Is Facebook Worth $10 Billion?
The latest rumors being reported that Microsoft might invest a 5 percent stake in Facebook worth up to $500 million that would give the social networking site a valuation of $10 billion the question becomes is Facebook really worth that much money?
Nuts Over Google, Man Sues For $5 Billion
I know a guy, lives out on the back roads in rural Kentucky, that was declared insane by the state of Ohio, and because of his education level, gets a nice disability check. He’s a funny, interesting, crazy guy. He doesn’t have anything to do with the man in Pennsylvania that’s suing Google for $5 billion; just made me think of him for some reason.
Local Online Advertising To Reach $7.8 Billion
The dollar gap between U.S. local online spending and total local media ad spending is large with $97 billion going to offline media such as yellow pages and newspapers. Only 2.9 percent of all local ad spending will go online in 2007, or $2.9 billion.
Small Business Online Spending To Top $70 Billion
The total online spending by small businesses is expected to reach $70 billion by the year 2012, up from $47 billion in 2006, according to JupiterResearch’s new report "US Online Small Business Market Category Forecast, 2007 to 2012."
Annual Revenue Surpasses $50 Billion for Microsoft
Microsoft has now announced revenue of $13.37 billion for the fourth quarter ending on the 30th of June 2007, that is a 13% increase over the same period of the prior year.
Online Advertising To Reach $35 Billion
U.S. online advertising spending will almost double by the year 2012, with search and display advertising accounting for most of the expenditures.