Dan frommer

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How Does Facebook Make Money?

How Does Facebook Make Money?

Facebook’s first few days on the stock market are in the books: Shares closed Tuesday at $31, down significantly from their $38 issue price.
You may wonder: How does Facebook make money? Sure, 900 million users and billions of photos, but how is this a business? It’s pretty simple, actually.

Facebook’s 4 Biggest Risks

Facebook’s 4 Biggest Risks

Facebook, whose stock is trading on public markets for the first time today, has had an incredible rise – from zero to 900 million users in just over eight years. In the fast-changing technology world, though, today’s Facebook can quickly become tomorrow’s MySpace. Make no mistake: Everyone’s favorite social network faces substantial…

The Truth About Why Yahoo’s CEO Got Fired

The Truth About Why Yahoo’s CEO Got Fired

What’s the takeaway from Yahoo’s recent CEO fiasco? Don’t lie on your corporate bio, for one, and make sure no one else has lied on your behalf. But the real lesson has nothing to do with falsified credentials.

iPhone Internet Access Abroad: Amazing And Getting Cheaper

iPhone Internet Access Abroad: Amazing And Getting Cheaper

After using a smartphone for years, the mobile Internet becomes so engrained in your life that you don’t realize how much you rely on it until it’s not there. Business and pleasure travel overseas, for example, are prime occasions where mobile web access can even be more useful than at home. But in the past, that access has been…

Apple’s Huge Quarter in Charts

Apple’s Huge Quarter in Charts

Apple posted another monster quarter, just as some were starting to doubt it.
Again, Apple’s most impressive statistic is its overall sales growth: With more than $39 billion in revenue last quarter, Apple’s sales grew 59% year-over-year, far faster than its peers.

5 Things to Look for During Apple’s Earnings Today

5 Things to Look for During Apple’s Earnings Today

Apple will report its March quarter earnings this afternoon, including the first few weeks of new iPad sales. Be sure to join us for coverage and analysis starting after 4 p.m. ET, 1 p.m. PT.
It hasn’t been the busiest of quarters for Apple, but there’s at least five things we’ll be paying attention to in Apple’s report and earnings call.

Microsoft’s Mobile Comeback Is Looking Terrible

Microsoft’s Mobile Comeback Is Looking Terrible

Microsoft ruled the PC market for decades with utter dominance. But today, as the future shifts toward mobile devices, things are not looking good for Microsoft. It’s not that it’s not trying: Microsoft is spending a lot of money and effort on cracking the mobile market, now in lockstep with Nokia, its top partner. But there’s no indication yet…

Amazon vs. Best Buy: A Tale of Two Retailers

Amazon vs. Best Buy: A Tale of Two Retailers

It’s bad enough that Best Buy has to switch CEOs – because of potential personal misconduct – while it’s also trying to make a comeback.

But it’s also about to lose a familiar foe in the rear-view mirror. This year, Amazon will almost certainly overcome Best Buy in full-year revenue for the first time.

Why Facebook Terrifies Google

Why Facebook Terrifies Google

Google is still the biggest, baddest online advertising company on the planet. Its $2.9 billion profit last quarter, announced yesterday, was almost as much as Facebook’s revenue for all of 2011.

But Facebook has something important that Google doesn’t, and it scares Google’s pants off: Facebook knows who you are, to an incredible level of detail…

What Will Happen to RIM: 4 Real Possibilities

What Will Happen to RIM: 4 Real Possibilities

Research In Motion, the BlackBerry pioneer that lost its way, finally admitted last week that it’s in need of a major transformation. After falling way behind rivals Apple and Google in the smartphone industry, RIM must reinvent itself or else.

The possibilities for RIM range from a quick sale to a slow, successful rebuilding process. There…

The End of RIM As We Know It

The End of RIM As We Know It

BlackBerry-maker Research In Motion shares are down tonight after reporting a terrible quarter: Sales are shrinking at a time when its main competitor, Apple, saw iPhone sales more than double. RIM is no longer profitable. And now it is looking for a new plan.

It is, truly, the end of RIM as we know it.

New iPad’s Dueling Forces! The Cloud Revolution vs. HD Content

New iPad’s Dueling Forces! The Cloud Revolution vs. HD Content

A few of my thoughts over the past 10 days with Apple’s new iPad: Whoa, these photos look amazing! Holy cow, 4G LTE is unbelievably fast. This HBO Go stream looks perfect. So does this HD movie from iTunes. Wait, this thing’s storage is halfway full already?

In general, these experiences fall into two trends: First, the rise of the cloud and…

5 Lessons From OMGPOP’s Huge ‘Draw Something’ Sale To Zynga

5 Lessons From OMGPOP’s Huge ‘Draw Something’ Sale To Zynga

The obvious lesson from Zynga’s purchase of OMGPOP yesterday is that the games industry is still very much a hits-driven business. And when you’re the giant in the business and a small startup like OMGPOP has a smash hit, it’s easier to buy the hit than try to replicate it. That’s why Zynga was happy to part with up to $210 million, reportedly, for…

iCloud, Not the New iPad, is Apple’s Real Key to the Post-PC Revolution

iCloud, Not the New iPad, is Apple’s Real Key to the Post-PC Revolution

Apple’s new iPad goes on sale today. People – already lined up around the world – will likely buy more than a million of them this weekend, and tens of millions this year. And there will be much talk about Apple’s “post-PC” revolution.

But the real key to Apple’s post-PC dreams – slipping past Windows and becoming the dominant consumer electronics…

South By Southwest as a Silicon Valley Startup: Time to Sell

South By Southwest as a Silicon Valley Startup: Time to Sell

If the last few days at the South by Southwest Interactive conference in Austin are any indication, the technology and digital media industries have never been healthier. At least that’s my interpretation of the vast amounts of free BBQ, booze, performances, parties, t-shirts, and toys that hundreds of brands and sponsors just fed us.

In a sense…

Why the New iPad is So Huge for Apple

Why the New iPad is So Huge for Apple

Maybe it didn’t seem like it, but today’s new iPad introduction was Apple’s most important event of the year.

Sure, the iPhone is still a bigger business for Apple, and probably will be for a while. But the iPhone is just Apple’s small sliver of the giant phone market.

The iPad, meanwhile, is a green field – a totally new market that Apple is…