Friday 24 August 2012


Today  i would like to tell you how facebook makes money.Design website fab.com says it had nearly 200-thousand users before they even launched, and two-thirds came from Facebook.   “If you’re one of Facebook’s 900 million users and chances are, you might be you’re worth $1.21 to the company. That’s how much they made per user last quarter. Let’s take a look at how the company’s actually making money.”
See that digital cow on the Farmville game? Facebook makes a dollar-twenty every time you buy one. And that bullet-proof vest on mafia wars — and your survival knife?
Facebook gets a slice of those sales, too. A dollar -twenty for your virtual protection. All of them are sold by Zynga, but Facebook gets a 30 percent cut of each sale. They’re part of Facebook’s payments business, which accounts for 18% of the company’s revenue. The nickels and dimes add up, Facebook collected $186 million last quarter. But the main way Facebook makes money is from the ads you see on the site.  
“On any given day, 25% of the visits to Fab are coming from Facebook.”
Some are not as sold on the success of paid Facebook ads.  
“The marketers we talk to tell us they’re just not happy with the performance they’re getting from Facebook.”
Businesses like the company pages where they can advertise their brand for free, but the social network made its 872-million in ad revenue last quarter from paid ads like this.  
“When you click on those ads, that’s how Facebook makes money. Facebook quite frankly doesn’t care from a revenue perspective what happens after you get to that branded page.”
GM has a branded Facebook page with 396-thousand likes.
“Unfortunately it’s just about the only thing many marketers look at – how many likes do we have? We think it’s an overly simplistic metric and one that doesn’t really tell you whether you’re having success.”
But those likes may not translate to profits. Two months ago GM pulled all their paid advertising on Facebook. And, that’s not the only concern.
“What really scares Facebook? Your smartphone. The company launched mobile ads four months ago and they’re still not making a lot of money off of them.”
“We’re starting to see a lot of real money flow into mobile advertising but there’s still a lot of potential to be unlocked there.”
Analysts are expecting Facebook’s sales to top a billion dollars this quarter. For that number to keep growing, Facebook has to figure out how to make money off this…and not just this. Laurie Segall, CNN MONEY, New York.

Monday 20 August 2012

T20worldcup trophy.jpgThe ICC World Twenty20 or ICC World T20 also referred to as theT20 World Cup is the international championship of Twenty20 cricket. The event is organised by the sport's governing body, the International Cricket Council (ICC). The tournament consists of 12 teams in which all the ten ICC Full Members are automatically qualified and the remaining two spots will be contested through ICC World Twenty20 Qualifier. The event is held every two years.
The inaugural event, the 2007 ICC World Twenty20, was staged inSouth Africa from 11–24 September 2007. The tournament was won byIndia, who became the first World T20 Champions after defeatingPakistan by 5 runs in the final at Johannesburg. The second event, the2009 ICC World Twenty20 took place in England from 5–21 June 2009. This tournament was won by the previous runners-up Pakistan who defeated Sri Lanka by 8 wickets in the final at Lord'sLondon.[1] [2] The third tournament, the 2010 ICC World Twenty20 was held from 30 April–16 May 2010 and hosted by the West Indies. The winners were Englandwho defeated Australia by 7 wickets in the final at Kensington Oval,Barbados. This was the first ever ICC tournament won by England.

Sunday 19 August 2012

WELCOME TO BLOGCORNOR I AM PUTTING MY FIRST POST IN THE HOPE THAT THIS BLOG WILL BE A SUCCESS