ServiceNow Focuses on Growth Instead of Profitability

TechNavio’s Global IT Service Management (ITSM) forecasts the ITSM market to grow annually at 7.3% over the four year period 2012-2016. The growth is driven by the increasing adoption of the services by SMEs and due to implementation of policies like bring-your-own-device in most organizations.

Amazon Continues On Without Profits

According to market reports, online retail giant Amazon (Nasdaq: AMZN) accounts for nearly 2% of global retail sales. However, while they may continue to rake in revenues, Amazon is still struggling with turning profitable. Amazon envisions profitability only by the end of the decade. Till then, they are operating on narrow margins while investing in

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Twitter Is Growing Up

eMarketer’s latest report on mobile advertising projects global mobile ad spend to increase 75% this year to $31.45 billion. Mobile advertising is expected to be a $94.9 billion market by the year 2018. Google remains the leader in the segment with a 49% market share. But as social media networks up their mobile advertising efforts,

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Why Did eBay Repatriate $9 Billion Foreign Cash?

Earlier this week, online retailer eBay (Nasdaq: EBAY) announced their quarterly results. Their results exceeded market expectations, but the big surprise was the announcement of repatriating $9 billion in cash and paying $3 billion in taxes on these funds. eBay wants to use these funds to drive further growth.

Facebook Riding High on Mobile

According to eMarketer, social giant Facebook’s worldwide mobile ad share during the current year is projected to rise to 21.7% compared with 17.5% a year ago.  The company is eating into Google’s share as it is projected to slip slowly from 49.3% a year ago to 46.8% this year. Overall, Facebook accounted for 7% share of

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Microsoft Completes Nokia Acquisition

IDC’s recently released quarterly worldwide PC shipment tracker reports a 4.4% decline over the year in PC shipments to 73.4 million units. Analysts were pleased by the results as they were anticipating a 5.3% decline in the market. During the recent quarter, Microsoft (Nasdaq: MSFT) announced the end of Windows XP support. Analysts believe that this

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Zynga Still Struggling to Find its Footing

According to Digi-Capital, the total digital and video game industry is projected to be worth $100 billion by the year 2017. Of this, nearly $60 billion will consist of online and mobile game sales and the remaining $40 billion will be for gaming hardware, console software, and PC.

Emerging Markets Contribute to Apple’s Growth

According to IDC, worldwide smartphone shipments are projected to grow 18% annually over the period 2013 through 2017 to 1.7 billion units. Growth will be driven by the emerging markets of Asia Pacific and Latin America both of which are projected to grow more than 23% annually during this period. By 2017, Asia Pacific markets will

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