As the recession and rising unemployment continues to bite, many economists and analysts are banking on new technologies to help kick-start the global economy out of recession. One of the world’s leading management consultancy firms The Boston Consulting Group, for example, recently predicted that the value of the web economy in G20 countries will nearly … Continue reading
Last week, after much anticipation, Facebook finally filed for its Initial Public Offering (IPO) on the stock market and began the process of becoming a public market. Filing for an IPO requires Facebook to reveal the inner workings of its business to the public. The 150 page filing shows that Facebook has a US$3.7 billion … Continue reading
