Tencent has released the earnings report of Q1 in 2013, the total revenue is $2.1611 billion which increases  11.5% compared to last quarter and increases 40.4% compared to the same time last year. The  profit is 649.4 million US dollars which increases 17.3% compared to last quarter and increases 37.4% compared last year.The three main profit generators are:1. Value-added services revenue of 1.7014 billion US dollars with an increase of 13.6% compared to last quarter and an increase of 28.6% compared to last year;2. Online advertising revenue of 135.5 million US dollars with a decre...

Bebo founder sold Bebo with 850 million US dollars in 2008, but later he bought it back with just 1 million US dollars. This news lets us think about those failed merge and acquisition cases in Internet history. Let's summarize some of them here.1. BeboBuyer : AOLAcquisition price : 650 million US dollarsSold price : 1 million US dollarsLoss: 849 million US dollarsIn 2008, AOL was still belong to Time Warner. It made a decision to acquire the third largest social networking site Bebo, The purpose of this acquisition is to complete its business transformation, from Internet service provider to ...

According to Sohu IT, if you want to know the operating status of a listed technology company, then the company's quarterly earnings report should not be missed. Now it's time for companies to release earnings report for last quarter, a few large IT giants in United States have announced the previous quarter's earnings. But many ordinary readers are not interested in those professional reports with a lot of finance jargon, so we extracted and summarized some important information from Yahoo, Google, Apple, Microsoft and Amazon's earnings report in order to allow you to understand the current s...

The Chinese version of Twitter -- Weibo is going to launch its IPO today on NASDAQ. The stock code is "WB" and its target price per share is set to $17. The total funds it's going to raise is around $328.44 million. Weibo claims it's the first Chinese SNS media to be listed on NASDAQ. Goldman Sachs and Credit Suisse are the joint lead underwriter of the IPO. They have gained one option from Weibo for validity of 30 days to buy 2.52 million shares of ADS. One interesting thing is Goldman Sachs is also the lead underwriter of Twitter's IPO.This is the fifth year since Sina launched Weibo service...

Having a website for a local business is not a matter of doubt – this is what the market demands. Customers turn to the web practically all the time, so you can be sure that when they need a specific product or service, the internet will serve as their first choice. Moreover, having a website will allow every business to expand their operation and deliver their product to a wider market, effectively competing against other providers. Here are 5 key reasons on why any business should be setting up their website right now.1. Access to informationWe live in the information age and your cust...

Recently Twitter sought help from law enforcement agencies because they can not stand spam emails. On Thursday, Twitter prosecuted five separate companies which provide tools so that spam on Twitter can be spread easier.Twitter said in a statement, Twitter now has 140 million active users, and the number of users are still increasing quickly, as Twitter continues to grow, spam also began looking to come to. Although the content of the spam on Twitter is not the proportion, it still gave rise to much inconvenience.Twitter said in a statement , The legal action taken is to tell people that as lo...

Why WeChat has made the three big Chinese telecom companies uncomfortable? Let's analyze from both technical and commercial levels.From a technical point of view, Mr. Huang, Dean of China Mobile Research Institute, described the impact of "always online service" applications like WeChat. Instead of using technical terms, we will explain in simple vivid phrases.First, mobile QQ, or WeChat, will have their own "request frequency". These requests are sent to the carrier network, to check the real-time status of itself, such as checking if there is status change or new news come up.These "signalin...

Facebook has set up a new team to improve its search products, the team leader is Lars Rasmussen who was a former Google engineer..The team consists of more than 20 engineers which is led by Rasmussen. The main efforts are to achieve easier sorting for contents which are created by users on Facebook . This will help Facebook be a more powerful search engine, which not only allows the user to stay longer on Facebook, but also helps Facebook make more profits by selling keyword ads like what Google does by putting ads next to search results .Facebook is unlikely to compete with Google ...