Facebook has just taken another step for moving ahead its success story. And this one is no small step but may prove to be a phenomenal stride in the history of Facebook. Facebook made a much-anticipated status update on Wednesday: The Internet social network is now going public in a stock offering that could value it [...]

Posted by Nilay Shah under Industry Watch

The Stop Online Piracy Act (SOPA) and the Protect Intellectual Property Act (PIPA) – the U.S. House bills introduced in the US Congress have earned massive diversified speculations from business conglomerates, internet giants, hollywood studios, productionn houses, creative agencies and individual bloggers and websites alike. While the legislation has broad support from organizations that rely [...]

Posted by Kunal Pandya under Industry Watch

Cloud computing is the delivery of computing as a service rather than a product, whereby shared resources, software, and information are provided to computers and other devices as a metered service over a network such as Internet, being the most common among them. It is delivery model for IT services based on Internet protocols, and it typically involves provisioning of dynamically scalable [...]

Posted by Nilay Shah under Industry Watch

As the year 2011 comes to an end, several of the dotcom IPOs that hit the US stock markets during the year showcase strong investor confidence despite the global economic slowdown lead by the European crisis. Daily deals site Groupon raised $700 million USD, 30 percent more than it sought, valuing them at about $13 [...]

Posted by Kunal Pandya under Industry Watch