Facebook is poised to launch its first IPO valued at $10 billion. Interestingly enough, this will beat Google’s IPO back in 2004 worth only $1.9 billion. Currently being a private company, Facebook doesn’t have to publish it’s accounting records, but it a report surfacing back in January of 2011 claims that Facebook made a net profit of $355 million on revenues of $1.2 billion in the first nine months of 2010.
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Even though the next incarnation of the iPhone isn’t expected until this summer, I’m going to get the conversations going now! I started a discussion over in the forum if you’d like to talk about what you think the next iPhone will be named. However, a different name isn’t going to make or break the new device. What we need/want are major changes. Most of the iPhone community was able to resist the urge to upgrade from the iPhone 4 to the 4S in hopes that this summer will produce a more viable option for spending their ‘upgrade option’. In fact, I’m one of those very users. I even went so far as to get off my iPhone 4 early enough to sell it before the 4S arrived. I decided in the meantime, I would use a Samsung Focus and wait to see what I wanted to do.
A man known as Kim Dotcom (real name, Kim Schmitz) is a 38-year old computer programmer that is best known for creating one of the most popular downloading websites in the world. Megaupload.com operated as a one-click hosting service that allowed users to upload files for sharing worldwide. Unfortunately, the majority of the files available were pirated software, music and movies. On January 20th, 2012, Kim Dotcom was arrested on copyright infringement charges in New Zealand. Today, he was imprisoned and denied bail due to being an extreme flight risk.
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In an effort to reduce online piracy in the music and movie industries (among others), Congress and the Senate are proposing to pass two initiatives called Protect IP Act (PIPA) and the Stop Online Piracy Act (SOPA). As with any law facing our nation, these two are very complex and without a full understanding of what their intended purposes are, it can be difficult to decide how you feel. For detailed information, you should check out the official documents at the Library of Congress website: SOPA, PIPA
Continue reading “Internet Site Blackout To Protest Web Censorship in America” »
Facebook To Go Public – IPO On The Horizon
January 31st, 2012
Apple iPhone Fever Begins Now
January 30th, 2012
Megaupload.com’s Creator Kim Dotcom is Imprisoned
January 25th, 2012
Internet Site Blackout To Protest Web Censorship in America
January 18th, 2012
