Facebook revenue estimated at $4.27 billion

Internet research firm eMarketer on Thursday reported that advertisers are flocking to Facebook and will spend more than a billion dollars at the world's top online social network.

Facebook is on track to pass Yahoo! in US display advertising revenue this year while Google will also gain market share, according to a forecast published on Monday by digital marketing firm eMarketer.

Microblogging sensation Twitter is expected to rake in $150 million in advertising revenue this year, according to a study published Monday.

(AP) -- Facebook and Omniture, the Web analytics software maker, said Wednesday they are working together to help companies use the world's largest social network as a marketing channel.

(AP) -- Facebook is getting a $200 million investment from a Russian Internet investor that values the social networking company at $10 billion even though it has yet to turn a profit.

Online advertising spending in the United States will overtake spending on newspaper ads this year for the first time, digital research firm eMarketer said Monday.

Iran is tightening control of the Internet ahead of next month's presidential election, mindful of violent street protests that social networkers inspired last time around over claims of fraud, users and ...

(AP)—Federal Reserve Chairman Ben Bernanke says pessimists who are forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.

Yahoo Japan Corp. has said it suspects up to 22 million user IDs may have been stolen during an unauthorised attempt to access the administrative system of its Yahoo! Japan portal.

US authorities seized the accounts of a Bitcoin digital currency exchange operator, claiming it was functioning as an "unlicensed money service business," court documents showed Friday.

(AP)—Over the past two years, publishers have been steadily filling one of the largest gaps in the e-book catalogue—poetry.

Italian police on Friday arrested four alleged hackers believed to belong to the activist group Anonymous for attacking websites, including those of the Vatican and the parliament in Rome.