The three executives spoke primarily about the company’s advertising products,facebook-world-edit which accounted for 86% of its revenue in the second quarter.

Zuckerberg emphasized the need to make ads more social  most ads on Facebook right now are not. He noted that Sponsored Stories, Facebook’s primary “social” ad product, is now generating $1 million in revenue per day, about half of which comes from mobile.

More mobile customers and increasing mobile data use pushed AT&T's revenue up slightly in the second quarter of 2012 and helped drive an 8.7 percent increase in net income.
AT&T on Tuesday reported revenue of US$31.6 billion, up 0.3 percent from the second quarter of 2011. Net income was $3.9 billion, compared to $3.6 billion a year ago. Mobile revenue was $16.4 billion, up 4.8 percent from the second quarter of 2011, and mobile data revenue was up by $1 billion or 18.78 percent.
Excluding the revenue for AT&T's advertising solutions unit, which it sold May 8, revenue was up 2 percent, the company said in a press release.
The company reported an addition of 1.3 million mobile customers, bringing the number to 105.2 million.
The company also reported the first revenue growth in its enterprise services in four years, as well as a 1.7 percent growth in consumer wireline revenue, the largest growth there in more than four years.
AT&T's earnings per share for the quarter were $0.66, beating analyst expectations of $0.63.
The quarterly results showed "strong execution across the board," Susan Johnson, AT&T's senior vice president of investor relations, said in a video posted on the company's website. "No matter how you cut it, we had an outstanding wireless quarter, thanks to our focus on mobile data."
AT&T sold 5.1 million smartphones during the quarter, with 3.7 million of Apple's iPhones activated, the company said in a press release. Smartphone users are "valuable customers" giving AT&T twice the revenue of other mobile customers, Johnson said. About 43 million AT&T mobile customers own smartphones, officials said.
The company's wireline revenue for the quarter was $14.9 billion, down 0.8 percent from a year ago. Residential wireline revenue was $5.5 billion, up 1.7 percent. The company's U-verse broadband and television service revenue grew 38.3 percent from a year ago.
U-verse TV added 155,000 subscribers to reach 4.1 million during the quarter, while U-verse broadband added 553,000 customers to reach 6.5 million. Total broadband connections, including DSL, declined by 96,000, however.
The company reported a "very strong quarterly performance," independent telecom analyst Jeff Kagan said in an email. "While the traditional wire line business may be declining, wireless, Internet and U-verse television are rising."

More mobile customers and increasing mobile data use pushed AT&T's revenuethree-phones-four-g up slightly in the second quarter of 2012 and helped drive an 8.7 percent increase in net income.

AT&T on  reported revenue of US$31.6 billion, up 0.3 percent from the second quarter of 2011.

FNB’s Cellphone Banking customers are now able to do banking on Facebook.Ravesh-Ramlakan-300x225This first in banking innovation in South Africa, enables the bank’s customers to access certain banking services while on Facebook.

“As a bank, we average around 15 000 conversations monthly, via social media, with existing and potential customers.

Recently a friend and I were talking about how it is getting frustrating working for others or rather being employed. And as we mused on about our grievances: we came to an agreement that if we ever wanted to be our own bosses then there is something we would eventually have to look into. That would be; Entrepreneurship. I prefer to call it: Steering own ship.

And not steering one’s ship as would be being employed. However it comes with lots of Challenges… When one is used to finding structure and teams in place; Creating is not easy.

Nelson_TugumeThe long-awaited TV Entrepreneural contest, Inspire Africa will be launched in Kampala tomorrow, Wednesday January 4th 2012. CEO Nelson Tugume, who was also the Overall Winner of the 2011 Young Achievers' Awards is expecting to host "the crème de la crème in business and entrepreneurship" as well as Kampala’s socialites at The Hub, Oasis Mall.

Project Inspire Africa features twenty-four of East Africa’s most talented young entrepreneurs competing for a grand prize of US$ 50,000 worth of business capital.

mobile-broadbandGreater allocation of spectrum for mobile broadband is vital for the economic and social development of sub-Saharan Africa adding $82 billion to the region’s GDP, new findings have shown.

The findings conducted by the GSM Association (GSMA) and Plum Consulting reveal that, across the region, the release of mobile broadband spectrum in the digital dividend and the 2.6GHz bands by 2015 in sub-Saharan Africa could “Create up to 27 million new jobs, increase GDP per capita by 5.2%, which will directly lift 40 million people out of poverty by 2025.”

Ug_mobile_moneyThe rapid expansion of mobile money systems is creating new opportunities for micro and small enterprises (SMEs) - particularly in low-income countries - to access financial services.

To extract the full development benefit, governments need to pioneer new legislation and regulations in order to cement Mobile Money transfer for (SMEs) in Uganda for example where the service has taken off rather on a good note.

pcThe trend is clear: Personal computer sales are slumping while smartphone and tablet sales are booming. But Intel proved on late Tuesday that the PC isn't going away anytime soon.

Semiconductor sales in Intel's (INTC, Fortune 500) PC division rose 22% last quarter, driving Intel's overall revenue to its sixth consecutive quarterly record.That comes despite a lackluster PC sales environment: Overall PC shipments grew just 3.2% globally last quarter, which is well below seasonal averages, according to Gartner.

bloThe Internet in particular and ICT generally are key components in Uganda's efforts to become an information-driven, knowledge based economy.

As more of the world comes online, the Internet offers Uganda an unparalleled opportunity to diversify and become more competitive as a trading nation: to increase entrepreneurialism and employment. Its importance is reflected in government's focus on promoting e-commerce and e-government.

afracaWe recognize the vital role of the Internet and electronic communications in modernizing the disclosure system under the federal securities laws and in promoting transparency, liquidity and efficiency in our trading markets.

Central to the effective operation of our trading markets is the ongoing dissemination of information by companies about themselves and their securities.