23rd
Today, UBS Investment Research analysts Brian Pitz and Brian Fitzgerald released a report which puts revenue numbers against Amazon’s web services. The duo estimate that in 2010, AWS will generated about $500 million in revenues and will grow this to $750 million by 2011. By 2014, it would bring in close to $2.54 billion in revenues. (via How Big is Amazon’s Cloud Computing Business? Find Out
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Americans spend nearly a quarter of their time online on social networking sites and blogs, up from 15.8 percent just a year ago (43 percent increase) according to new research released today from The Nielsen Company. The research revealed that Americans spend a third their online time (36 percent) communicating and networking across social networks, blogs, personal email and instant messaging. (via What Americans Do Online: Social Media And Games Dominate Activity | Nielsen Wire
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AT&T Inc. and Verizon Wireless, the biggest U.S. mobile carriers, are planning a venture to displace credit and debit cards with smartphones, posing a new threat to Visa Inc. and MasterCard Inc., three people with direct knowledge of the plan said. The partnership, which also includes Deutsche Telekom AG unit T-Mobile USA, may work with Discover Financial Services and Barclays Plc to test a system at stores in Atlanta and three other U.S. cities that would let a consumer pay with the contactless wave of a smartphone, the people said. (via AT&T, Verizon to Target Visa, MasterCard With Smartphones - Bloomberg
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Following on the heels of Playdom’s acquisition by Disney for $563.2 million, we’ve learned that the social game publisher has sealed a five-year contract stipulating exclusive use of Credits, Facebook’s in-house virtual currency, across all Playdom games. (via Playdom Signs Five-Year Contract With Facebook, Will Exclusively Use Credits
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