February 2012

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On February 1, Facebook filed for an initial public offering and expects to begin selling shares this spring. In 2011 Facebook had profits of $1 billion on sales of $3.7 billion. 85% of that revenue came from advertising and the rest from social gaming and other fees. Facebook expects to raise at least 5 billion [...]

In 2011, 487.7 million smartphones were shipped, a 62.7% increase over 2010. This marks the first time smartphones shipments topped that of PCs (only 414.6 million PCs shipped). Most people don’t replace PCs as often as they do smartphones, of course. But there’s no denying people are becoming more and more attached to mobile devices. [...]

Starting March 1, 60 of the more than 70 Google privacy policies associated with its various properties (Google search engine, Gmail, Android operating system, You Tube, Google+, etc.) will be combined into one, simpler policy. In a company blog, Alma Whitten, director of privacy, product and engineering, wrote ‘Our new Privacy Policy makes clear that, [...]