According to the Advertising Bureau, Internet advertising increased 15% last year to $26 billion, compared with a 3% decline in 2009. The report found that the top 10 online ad companies contributed to 75% of all business in the last quarter of 2010. Search advertising, led by Google, accounted for $3.3 billion revenues in the
Peer-to-peer file sharing service BitTorrent announced early in the year that it has more than 100 million monthly users of its two software products—the original BitTorrent Mainline, and µTorrent. Founded in 2004 by Bram Cohen and Ashwin Navin, BitTorrent has raised more than $40 million in funding from investors. BitTorrent makes it easy to share
Akamai has achieved its target of $1 billion in annual revenue and set itself the goal of achieving annual revenue of $5 billion. Recent results show that Akamai’s media and entertainment revenue has rebounded dramatically. To increase it even more, Akamai has over the past quarter renewed its long-term deals with Netflix and several other
Gartner continues to raise its estimates of worldwide IT spending. Its latest report forecasts 2011 spending to increase 5.6% over the year to $3.6 trillion. The inclusion of handheld tablet devices to the computing hardware category has helped increase the forecast. Worldwide media tablet spending is projected to grow to $29.4 billion in the year from
Monster’s recently released monthly job index for March showed an 8.8% increase over the year and 5.4% over the previous month. The index saw growth in 14 of the 20 industries and in 17 of the 23 occupations it tracks. This growth was driven by demand for workers in the healthcare support, mining, quarrying, and
The Internet population in Latin America grew 15% over the year to 112.7 million visitors in January 2011, according to comScore. Brazil was the largest online market in the region and reported 20% growth over the year to 40.5 million users. Venezuela reported the highest growth rate of 27% to 2.9 million users. Mexico’s online
Quora calls itself a startup building a continually improving collection of questions and answers. It was founded by former Facebook employees Adam D’Angelo and Charlie Cheever in 2009. Initially launched as a private, by-invitation-only initiative early last year, the question-and-answer site was opened to all in the summer of 2010.
Access to the Internet in China is continuing to expand rapidly. According to the China Internet Network Information Center (CNNIC), last year the number of China’s total Internet users increased 19% to reach 457 million. Not surprisingly, growth in the number of Internet users is driving online sales. In a report published by China e-Business Research