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US Internet ad revenue surpasses broadcast

Delegates from various media organizations visit the AFP exhibition displayed at the 65th World Newspaper Congress at a hotel in Bangkok on Monday, June 3, 2013. Despite uncertainties brought about by digital challenges, the future of the news publishing business looks promising, experts said at the opening of the newspaper congress.  AFP PHOTO/PORNCHAI KITTIWONGSAKUL

For the first time, U.S. Internet advertising revenue has surpassed that of broadcast television thanks to sharp growth in mobile and digital video ads.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Facebook CEO Zuckerberg reaps $3.3B gain from stock options

Mark Zuckerberg , Facebook

Facebook CEO Mark Zuckerberg reaped a $3.3 billion gain last year by exercising stock options in the social networking company that he founded in a Harvard University dorm room.

Posted: April 1st, 2014 in Latest Business Stories | Read More »

Facebook prices secondary stock offering at $55.05

This Tuesday, July 16, 2013, file photo, shows a sign at Facebook's headquarters in Menlo Park, Calif. Facebook on Thursday, Dec. 19, 2013 said it plans to offer 70 million shares of its Class A stock in a sale that includes more than 41 million shares from chairman and CEO Mark Zuckerberg, who also will buy Class B shares that carry more voting weight. AP

Facebook has priced a secondary offering of its stock at $55.05 a share in a deal that will generate a $2.3 billion windfall for CEO Mark Zuckerberg.

Posted: December 21st, 2013 in Latest Business Stories | Read More »

Nasdaq paying $10M to settle Facebook disruption

In this May 18, 2012, file photo, provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the opening bell of the Nasdaq stock market, from Facebook headquarters in Menlo Park, Calif. Amid the hype and excitement surrounding Facebook's initial public offering, there were looming doubts. Potential investors wondered whether the social network could continue growing its advertising revenue without alienating users. One year later, much has changed at Facebook in a year, including the addition of mobile advertisements, the launch of a search feature and the unveiling of a branded smartphone. (AP FILE PHOTO/Nasdaq via Facebook, Zef Nikolla

Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after U.S. regulators said its systems and decisions disrupted Facebook’s public stock offering last year.

Posted: May 30th, 2013 in Latest Business Stories | Read More »

Social network good for the psyche

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AFTER HIGH school, e-mails and phone calls allowed me to keep in touch with classmates even though we had gone on to different colleges around the world. These days I can find out what my friends and family are up to through more technologies available on computers and other devices such as online video calls, instant messaging clients and a variety of online social networks.

Posted: March 1st, 2013 in Columnists,Featured Columns,Headlines,Inquirer Columns,Inquirer Features,Science and Health | Read More »

In social media space, Nescafé brews up a storm

By
The company’s brand page says it all. According to a Nescafé executive, having a huge audience is a “humbling” experience.

Following its shift from traditional media advertising, Nestle Philippines already made quite a dent online via Facebook as it generated two million “likes.”

Posted: December 7th, 2012 in Latest Business Stories | Read More »

Friends with benefits: Nescafé Philippines case study for FB

By

Like CRM (customer relations management), creating a brand presence on Facebook is a long-term commitment. Once the Wall is open updates must be made regularly and someone must answer fan comments, queries and complaints. Brands can’t afford to ignore social, but when—and how—does this investment pay off?

Posted: October 20th, 2012 in Headlines,Inquirer Features | Read More »

Making real friends on Facebook

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Once again, I am indebted to Colloquy, quarterly publication of the Gradual School of Arts and Sciences of Harvard University for its alumni, for a very insightful article reporting on the findings of a team of Harvard sociologists who addressed “one of the great unsolved puzzles of social science—do we form friendships with people because we share similar interests, or do we share similar interests with people because they are our friends?” The answer is that peer influence may be far less compelling than the “likes” on a Facebook status might imply.

Posted: October 11th, 2012 in Blog,Columnists | Read More »

Biz Buzz: Andrew Tan unfazed by ‘sin’ tax

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Tycoon Andrew Tan’s beverage unit Emperador Distillers Inc. posted a banner year in 2011. But how will the proposed excise tax reforms on “sin” products affect it moving forward? Tan doesn’t see the new tax measures spoiling EDI’s momentum.

Posted: September 19th, 2012 in Headlines | Read More »

Facebook stock drops below $19, half of IPO price

In this Monday May 21, 2012, file photo, television correspondent Sabrina Quagliozzi reports from inside the Nasdaq MarketSite in New York's Times Square. Facebook's beleaguered stock has lost more than half of its value since its initial public offering three months ago. Facebook Inc.'s stock slid 7 cents to $18.98 in morning trading Monday, Aug. 20, 2012.  AP PHOTO/RICHARD DREW

Facebook’s beleaguered stock has lost more than half of its value since its initial public offering three months ago.

Posted: August 21st, 2012 in Latest Business Stories | Read More »

Facebook hits new low as IPO lock-up ends

inside the Nasdaq MarketSite in New York's Times Square. Facebook's stock plunged to a new low Thursday, Aug. 16, 2012, after the expiration of a ban that had prevented some early investors and insiders from dumping millions of additional shares they own in the social-networking leader.  AP PHOTO/RICHARD DREW

Facebook’s stock plunged below $20 Thursday after the expiration of a ban that had prevented some early investors and insiders from dumping millions of additional shares they own in the social-networking leader.

Posted: August 17th, 2012 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Facebook takes it on the chin after earnings

AP Photo/Richard Drew

Facebook shares took a beating Friday as markets opened following the first earnings report since the much-hyped public offering of the world’s biggest social network.

Posted: July 28th, 2012 in Latest Business Stories | Read More »

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