Facebook has topped the expectations in 2009 by realizing nearly 800 million dollars income last year, ABC News reported referring to two unnamed sources. Insiders also revelaed that the social media community has gained 10 million dollars operating profit last year. The 800 million dollars revenue has far exceeded the company’s expectations.
Facebook – which has almost 500 million registered users now – was started as a closed network of university students in 2004. The social media announced in 2009 that its financial balance has turned to posititive, realizing more income than expenditure. At the same year analysts estimated 500 million dollars of the company’s earnings. Although, privacy scandals have cracked the company’s reputation plenty of times recently, the number of registered users and advertisers are steadily growing.
Experts believe, the success in Facebook’s advertising platform is that the large general advertising campaigns can find their ways to their target groups just like smaller, highly specialized marketing campaigns.
Facebook regularly rejects buying and investing offers, while the business world is waiting for the company’s introduction in the stock markets. However, this move is unlikely now, because Facebook is able to finance its agressive expansion from its own revenues. Besides the founders, the company’s shareholders are Microsoft, the Russian Digital Sky Technologies, the Hong Kong based billionaire Li Ka-Shing and other venture capital groups.
Why always Government against Public views in Pakistan
Facebook being restore , despite of those controversial pages still available on that web. If facebook do not care for any Muslim sentiments why such strong authorities are permitting to open such a web.
Propakistani, holds several polls and every time resulted majority favors to block FACEBOOK forever inPakistan. PTA (Pakistan Telecommunication Authority ) ignoring such a fact of internet users need, unblocks facebook.
Despite thinking that this type of blockage will give boost in opening more social networking websites of Pakistan, and this could bring revenue in Pakistan.
What you say regarding this?
Salmaan Taseer Predicted Social Networking Sites
Facebook blockage , give boost and increase the rate in founding new social networking web sites . Regarding this , Salmaan Taseer posted a tweet on twitter “Short time ago I predicted the opening of social networking sites.good sense has prevailed all round.Hum maidan khali nahin chore sakte”.
This might be a signal from Governor Punjab that he is interested to launch his social networking site soon. However, blocking Facebook could give rise to social networking portals in Pakistan. Whats your prospect?
Govt asks PTA to unblock Youtube
The Ministry for Information Technology and Telecom has lifted a ban on Youtube. However, social networking website Facebook will remain blocked in line with the order of Lahore High Court.
The LHC had directed the Pakistan Telecommunication Authority (PTA) to block the site till May 31 over blasphemous content.
Federal Secretary Najeebullah Malik told Geo that PTA was asked to ensure the blockage of links carrying sacrilegious drawings.
He said that the government would implement any order given by the court about Facebook in future too.
PTA chairman Dr Yasin said that Youtube would also be restored immediately after receiving orders from the information ministry.
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