Facebook – the world’s largest social networking site is not only big with its users’ numbers but it is also big with its year-on-year revenue it is making since from the start. According to CNBC correspondent Julie Boorstein claimed that the company’s 2011 revenue was $3.8 billion with an operating profit of around $1.5 billion. She posted the number of twitter. The social network giant who is gearing up for the whooping $100 billion IPO – largest by any tech company, and with such numbers – which of course still not confirmed...

TechStars announced an enhanced relationship with Microsoft through the new BizSpark Plus program for accelerators and incubators. The enhanced program allows TechStars accelerators in Boulder, Colo.; Boston; New York; Seattle; and Texas to offer each of their startups up to $60,000 (U.S.) of Windows Azure compute and storage over a 24-month period, at no cost. TechStars,...

Microsoft announced the Amazon Web Services (AWS) SDK for Windows Phone beta release. Built as an open source project, the SDK provides developers with a speed dial that lets them quickly connect and integrate Windows Phone applications with AWS (S3, SimpleDB, and SQS Cloud Services). “Our approach with AWS is to provide developers with choice and flexibility to...

Hewlett-Packard Director Larry Babbio Jr. will no longer be on HP board as a director – the company said, as the tech giant continuing to restructure its board. Babbio a director since 2002 were part of a board, and had presided during the pretexting scandal. Babbio, along with fellow directors Sari Baldauf and Dominique Senequier, will not stand for re-election...

Canalys, an independent technology focus company, announced that Apple became the world’s leading client PC vendor in Q4 2011. The iPad maker shipped over 15 million iPads and five million Macs – representing 17% of the total 120 million client PCs shipped globally in Q4. The total client PC market, including desktops, netbooks, notebooks, and pads grew 16% year-on-year. Excluding pads, the client PC market declined 0.4%. Among the other top five PC vendors, only Lenovo managed to increase its market share, by a relatively modest two...

The content sharing site Megaupload which was down by feds earlier this month by feds on the account of copyright infringement – there is no way the company can pay to Carpathia Hosting Inc. and Cogent Communications Group Inc to store its users’ data. Earlier the data on the site could be erased as soon as Thursday, February 2. The site contains millions of...

Since from the past week when the micro-blogging site Twitter made an announcement for censoring the tweets country-wise – the one such big question arise in people’s mind that why Twitter announced that it would remove the tweets on country’s government criteria – we called it as censorship. The micro-blogging site CEO Dick Costolo today (PT) was able to...

Analysts at Investment bank Morgan Stanley believes Apple’s new partnerships with both China Telecom and China Mobile over the next year will result in its iPhone available on all three Chinese carriers, a move that could bring an incremental sales of as many as 40 million units next calendar year. According to the analyst, Apple’s sixth-generation iPhone...

According to French newspaper Les Echos reports, “The iPad maker, Apple disputes that Copied France must pay the tax on sales of its iPad even though it did raise prices in February.” Copied France – which defends authors, artists and actors’ rights in the audiovisual sector, sued Apple in August 2011. The private copy tax is based on devices that are capable of recording audiovisual content, which could allow their owners to make copies of music videos and movies for their own use. Apple is said to owe around €4.74 million...

The content sharing site Megaupload – which is in the news since from the day it was takedown, moved to next step – the data on the site could be erased as soon as Thursday, February 2. The site millions of users stored their data over on the content share buildup. The company hires outside companies – Carpathia Hosting Inc. and Cogent Communications Group...