Facebook brought in more money than it spent in previous quarter, ahead of 2010 goal

September 15th, 2009 Facebook says it passed key financial milestoneSAN FRANCISCO — Facebook Inc. said Tuesday it achieved an important financial milestone, bringing in more money than it spent in the last quarter.

April 30th, 2009 Facebook exec considers California AG job in 2010 SACRAMENTO, Calif. — The chief privacy officer of networking Web site Facebook says he's considering running to be California's attorney general in 2010.

June 4th, 2009 Social networking is getting hotter and hotter in US. Ultimately its bulging into a war of social sites, where each site is looking to hook their visitor for maximum hours.

September 15th, 2009 SAN FRANCISCO - Facebook, the world's largest social network on the internet, is finally turning a profit, the privately held company said. The Silicon Valley, California, company, which was started six years ago by a student at Harvard University, said late Tuesday that it had reached a positive cash flow for the first time and also passed the 300-million user mark.

May 13th, 2009 LONDON - A survey on the most popular online brands in the UK has revealed that Facebook tops that chart, accounting for 13 per cent of all UK internet time last month. As per Nielsen Online, which tracked the top 10 most popular online brands, this equated to the UK users spending one in every eight minutes on the site.

August 17th, 2009 Analyst upgrades Gartner; shares flatNEW YORK — An analyst upgraded his rating on research and consulting company Gartner Inc., saying that corporate information technology spending appeared to be stabilizing with a rebound expected in 2010. JPMorgan Securities analyst David Lewis raised his rating on the stock to "overweight" from "neutral" and increased a price target for December 2010 to $23, up from $17.

September 2nd, 2009 Facebook scam leads woman to wire funds abroadST. LOUIS — Police say a Missouri woman was tricked into wiring about $4,000 to an account in England after receiving messages from a friend on Facebook asking for help.

April 27th, 2009 The most popular social networking site on a global scale, Facebook is trying to welcome developers by keeping some of the core floodgates open so that they get familiar with the system in a better way. If you remember well, most of the recent changes in Facebook has brought about agitation from the Facebook crowd.

August 27th, 2009 Summary Box: Dell profit down 23 pctFINICKY BUYERS: Dell Inc.'s second-quarter profit fell 23 percent as demand for computers remains soft. Sales fell 22 percent.

September 16th, 2009 LONDON - Facebook has announced that it has crossed a benchmark of 300 million active monthly users from across the world and also started raking in profits ahead of schedule. Founder of the world's largest social networking site Mark Zuckerberg said the company had not expected to begin reaping financial benefits until sometime next year.

September 2nd, 2009 NEW DELHI - Bharti Airtel, the country's largest telecom operator in terms of subscribers, Wednesday said it will launch third generation (3G) mobile telephony services by October 2010. "If everything goes well on time with regard to spectrum auction, by February or March we should receive spectrum allocation, Bharti Airtel chief executive Manoj Kohli told reporters on the sidelines of a telecom conference here.

July 13th, 2009 Dell: PC demand stable compared with '08 quarterROUND ROCK, Texas — Dell Inc. expects its fiscal second-quarter revenue to be slightly higher than the first quarter, when sales plunged 23 percent to $12.3 billion.

July 29th, 2009 NEW DELHI - IT solutions provider NIIT Technologies Wednesday reported a 13.5 percent dip in its operating profit to Rs.39.4 crore for the quarter ended June 30 as against Rs.45.6 crore in the like period last fiscal. The company's consolidated revenues too dipped 11 percent to Rs.218.2 crore from Rs.245.8 crore, NIIT said in a regulatory statement.

August 5th, 2009 News Corp 4Q loss hits $203M on MySpace writedownLOS ANGELES — News Corp said Wednesday it lost $203 million in the latest quarter due to a huge writedown at MySpace, but Rupert Murdoch said his global media conglomerate is seeing signs of life in moribund advertising markets. Results for the quarter to June 30 narrowly beat analyst expectations and shares rose 2 cents in after-hours trade to $10.60 after closing down a penny at $10.58 in the regular session.

September 20th, 2009 MELBOURNE - Advertising agencies in Australia are keeping a close eye on the pages of the six million Facebook users to update advertisements of products they deem fit as soon as there is some change in the social networking site user's account status. Business houses seem to target potential customers on the social network site according to sex, age, location, relationship status, job title, workplace or university.