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Google Q4 revenue up 15pc despite declining ad rates

Google has reported a revenue of $18.10 billion during the fourth quarter of 2014, compared to $15.71 billion in the year-ago period, marking an increase of 15 per cent, falling short of Wall Street's target on declining online ad prices and

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Google Q4 revenue up 15pc despite declining ad rates

Google has reported a revenue of $18.10 billion during the fourth quarter of 2014, compared to $15.71 billion in the year-ago period, marking an increase of 15 per cent, falling short of Wall Street's target on declining online ad prices and

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Facebook Q4 earnings up 49pc on mobile ads

Facebook posted a fourth-quarter revenue of $3.85 billion up 49 per cent from $2.59 billion in the year-ago period, as mobile advertising growth helped the world's largest Internet social network beat Wall Street's targets for earnings a

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Facebook unit forms virtual-reality film studio

Facebook's Oculus VR is getting into movies with an in-house studio dedicated to making virtual-reality films and premiered its first short piece at the Sundance Film Festival on Monday. Tapping talent from both Pixar, the ani

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Facebook adds $227 billion to global economy

With 1.35 billion users of its Internet social network, Facebook would rank as the world’s second-most populous nation if it were a country. While its users may populate only a virtual country, Facebook says it generates a l

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Facebook hiring spree hints at new technology goals

Virtual reality goggles, drones and data centres  are all driving a hiring spree at Facebook that is set to swell its ranks as much as 14 per cent in the near term, according to a review of job listings on the company's website.

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Facebook acquires voice recognition firm

Facebook acquired a company that makes voice recognition technology for wearable devices and Internet- connected appliances, the latest sign of its ambition to extend its reach beyond computers and smartphones. Facebook said it ac

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Al Jazeera Arabic sees 10m followers on Facebook

Al Jazeera Arabic, the most-watched Arab channel on TV, has become the first Arab news channel to reach 10 million followers on Facebook, said a top official. "The Arab viewer since 1996 has evolved from a TV viewer to someon

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Facebook dumps Microsoft Web search results

Facebook has stopped including results from Microsoft Corp's Bing search engine on its social networking site. The move, confirmed by a company spokesperson, comes as Facebook has revamped its own search offerings, introducing

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Etisalat celebrates crossing a million fans on Facebook

Leading telecommunication provider Etisalat’s ‘1 Million’ fest this month is rewarding one lucky winner with one million freebies every day of the month. The celebration is a gesture of gratitude on crossing over

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