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Hulu’s CEO Jason Kilar, on thursday posted the company 2011 revenue on the company blog. Kilar revealed that company’s revenue grew 60% from previous year, 2010, that is approximately to $420 million. The company made huge investments in innovation last year. Hulu Plus now has more than 1.5 million paying subscribers and this number keep on increasing, on...

Hewlett-Packard Co. complained that Oracle Corp. used discriminatory practices of its licensing and support for products based on Intel Corp. systems. Oracle is currently under investigation by France’s competition regulator on the basis of the complaint. The competition authority said that it opened a probe against Oracle on HP’s July complaint, on Oracle’s...

Google’s new social search feature, “Search Plus You World”, will potentially results in make it to face the Federal Trade Commission (FTC) over its integration of Google+ in its search. The EPIC group, Electronic Privacy Information Center, may be filling a complaint with U.S. FTC. Google introduced big changes to its search engine in the start if this...

Rumors all around are flying about the World’s largest social network “Facebook” going public this year with its upcoming IPO. The question here is how much the Facebook is worth about? According to Accounting Degree Online, the company’s projected valuation is of $100 billion breaks down into the people who all owe it. The IPO going to be the biggest of any tech company in history, as earlier only three companies was able to reach that mark – AT&T (in 2000), GM (in 2008) and VISA (in 2010). If Facebook raises $100 billion...

With the next Olympics 2012 around the corner, the organizers restrict the volunteers for the use of social media during the games. The London Olympic 2012 is going to held from July 27 till August 12. Organizers are in the process to recruit around 70,000 volunteers for the games. The game committee announced on Friday that volunteers are not allowed to post locations, details, about their roles, details about athletes or other VIPs online through the social medium websites like Facebook and Twitter. Britain government is even providing...

Wits between the biggest search engine, Google and the biggest microblogging website, Twitter takes a new turn on Wednesday, when Google officially commented back on Twitter’s on its criticization that they day is “bad day for the internet”. Twitter on Tuesday (PST) fall out on Google for pushing its Google+ in search for its feature – Google, Search Plus...

Apple today confirmed the reports for its Israel-based flash memory Anobit company acquisition. The company products and technologies are already integrated into Apple’s iPhones and iPads. Steve Dowling, Apple’s spokesman confirms that the acquisition had taken place. He did not disclose the amount of the deal but with the last month’s report, suggest price...

TiVO, leading television services and advertising solution provider, claims that only 38 percent of their users watch live TV, whereas nearly two-third watch on-demand video or delayed TV. TiVO provides broadband OTT access to Netflix, Youtube, Hulu Plus and other video options, among which the viewership of TiVO users down to 27 percent. As people watch less live...

Reddit, popular news sharing website, announced today through its official blog to shut the website down on January 18 in protest of proposed legislation against the Stop Online Piracy Act (SOPA) and the Personal Information Protection Act (PIPA). SOPA (Stop Online Piracy Act), an act, if passed would give U.S. federal government the power to disable a website that...

Kickstarter, an online threshold pledge system, celebrated its new year with successful 27,086 projects and approximately $100 million in last year. That was what the total amount company pledged on the crowd-sourced website during the year 2011. The stats states that a total of 27,000 projects, 11,836 of which reached their funding goals (with a success rate of 46%). The...