Tag: Money
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Samsung profits soar as Galaxy S4 hits stores
Samsung's rolling in the dough, with profits revealed to be rising 55% in their Q1 2013 earnings call. And the Samsung Galaxy S4 is only just going on sale! Samsung have filed a massive $7.9 billion (just over £5 billion)…
Chinese couple sells children to pay for online gaming habits
We've heard of some pretty awful cases of neglect when it comes to online gaming addiction around the globe, but never any quite as mercenary as this. A Chinese couple have been arrested after it was discovered the pair had…
SmartSwipe credit card reader makes online shopping safer
SmartSwipe, the USB credit card reader that makes shopping online quicker and safer, is now available from Firebox.com. Great for online shopaholics and those wary of inputting their credit card details online, this USB gadget lets you swipe the card…
Research shows a whopping 68 million unused mobile phones in the UK
New research from SellMyMobile.com has revealed that Britain is sitting on a mountain of as many as 68 million unused or unwanted mobile phones. A sample study of 1,332 past and present mobile owners showed that two thirds (65%) of…
Spotify making money for record labels
Universal Music Group's Rob Wells has said that Spotify is finally beginning to present itself as a very sustainable financial model for the record labels that have agreed licensing deals with the streaming app. Wells went on to reveal for…
Twitter generates $3million revenue for Dell
Back in March, this very blog suggested five ways in which Twitter might be able to make money.
Suggestion one was entitled “Companies must pay!” and highlighted how businesses were benefiting from free advertising via the microblogging site.
Today, it has emerged that computer giant Dell has made $3m from advertising its products via Twitter, with a third of this coming in the last six months – the period in which Twitter’s popularity has exploded.
This may seem small peanuts compared to the $12.3 billion of revenue Dell earned during the first quarter of this year, but $3million is still a whole lot of moolah. And it doesn’t really seem fair that Twitter won’t see a single penny of this.
The good news for Twitter is that Dell, who had previously dismissed the idea of ever paying Twitter for its service, may be coming round to the idea that there’s no such thing as a free lunch. They’ve admitted that Twitter offers a unique service that is incredibly useful in terms of marketing.
The web is full of affiliate links whereby commission is paid to sites linking to products – it’s what makes the free-content based system viable. It seems a bit silly that one of the web’s most popular systems isn’t involved in this system.
(via PC Pro)