Facebook is set for a record-shattering initial public offering and, according to a new report, it will bring in more than US$5bn in advertising revenue this year. But Facebook’s financial future may not be as bright as the eye-popping figure would at first suggest. 2011 was a banner year for Facebook in terms of advertising revenue

For years, Google and Facebook have been waging trench warfare for big-brand advertising budgets. Billions of dollars are up for grabs, and since this money constitutes the bulk of revenue for both companies, the stakes are high. Twitter, which last week launched a self-service ad platform, is a relative

In his international bestseller The Hare With Amber Eyes, Edmund de Waal traces the fortune of a collection of carved Japanese netsuke figurines. Readers grew so entranced by the story of these objects that they started clamouring to see them. So after the hardback, the e-book, and the paperback came the

Microsoft’s long-anticipated Office software suite for the Apple iPad will likely launch in the next few weeks, according to a report by The Daily. However, Microsoft has denied the story. The iPad has become a surprisingly hot device for the enterprise since its launch in April 2010. Though businesses