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	<title>WebProNews &#187; Money</title>
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	<link>http://www.webpronews.com</link>
	<description>Breaking News in Tech, Search, Social, &#38; Business</description>
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		<title>Smartphone Apps That Can Shrink Your Wallet</title>
		<link>http://www.webpronews.com/smartphone-apps-that-can-shrink-your-wallet-2012-02</link>
		<comments>http://www.webpronews.com/smartphone-apps-that-can-shrink-your-wallet-2012-02#comments</comments>
		<pubDate>Mon, 06 Feb 2012 18:53:21 +0000</pubDate>
		<dc:creator>Billy Thomas</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Apps]]></category>
		<category><![CDATA[Expensive]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=95920</guid>
		<description><![CDATA[Convenience is the host and we are the parasites that feed from it. With the growing technology of today&#8217;s world, mobile apps have emerged to the forefront of society giving us the ability to access, learn and do things faster, &#8230;]]></description>
			<content:encoded><![CDATA[<p>Convenience is the host and we are the parasites that feed from it. With the growing technology of today&#8217;s world, mobile apps have emerged to the forefront of society giving us the ability to access, learn and do things faster, sometimes, than the actual internet. With everything from a T-pain autotune app to apps with which you can create your own pottery, these convenient and sometimes silly apps are popular among smartphone users.</p>
<p>With apps ranging from free to as much as a few dollars in price, companies can have the chance to rake in millions upon millions due to the vast amounts of apps available.</p>
<p>The following list displays and details just a few of the many, more expensive apps you can purchase; warning these prices may cause your wallet to cry.</p>
<p><strong>Agro</strong> for iPhone and iPad ($999.99)- Available to help argonomists create and distribute field inspection reports. Specially designed for those in such fields as farming, orchards, vineyards and other similar soil management areas.</p>
<p><strong>MobiGage </strong> for iPhone and iPad($999.99)- this is a meteorology app that measures materials in manufacturing plants using a Leica laser. It can be used in the production of airplanes, cars, etc. . . PC versions of this software can cost as much as 25,000 dollars</p>
<p><strong>BarMax</strong> for iPhone and iPad ($999.99)- This app is a prep course for either the New York or California state bar exam. It comes with test prep questions from actual past tests, essays and also comes with audio lectures. The company that makes the app is currently working on the app for other states as well.</p>
<p><strong>iStutter</strong> for iPhone ($999.99)- For those who struggle with with the speech problem of stuttering, this app is intended for you. According to the app&#8217;s description It &#8220;analyzes vocal fold activity and selectively provides delayed auditory feedback when the user’s speech is too fast or the user is stuttering&#8221;.</p>
<p><strong>iVIP Black</strong> for iPhone ($999.99)- this is cool app caters to those who have at least a net worth of 1 million dollars and you have to be able to prove it. The app gets you special treatment at select luxury events, hotels, clubs, etc&#8230; It allows you to book private jets, yachts, private islands and more.</p>
<p><strong>Engine Connect</strong> for iPad ($999.99)- Meteorologists, sportscasters and news anchors alike can manipulate animations like weather maps and other illustrations live on screen as viewers watch.</p>
<p>Android users don&#8217;t have to feel left out, they have a couple of expensive apps as well; although they are pretty pointless.</p>
<p><strong>Black Diamond </strong>($200)- Buy this app and you have your very own black diamond&#8230;as a wallpaper. Yeah, that&#8217;s right, it&#8217;s just a pointlessly expensive wallpaper for your homescreen. I say pointless because the nearly same Blue Diamond app is available for the astonishing price of&#8230;free.</p>
<p><strong>Vuvuzela World Cup Horn Plus</strong> ($200)- Download the app, shake your phone and boom, you have your own Vuvuzela horn. Shake it to stop. Again, all for a ridiculous 200 bucks.</p>
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		<title>Mexicans Well Overcharged Billions In Phone Web</title>
		<link>http://www.webpronews.com/mexicans-well-overcharged-billions-in-phone-web-2012-01</link>
		<comments>http://www.webpronews.com/mexicans-well-overcharged-billions-in-phone-web-2012-01#comments</comments>
		<pubDate>Tue, 31 Jan 2012 18:37:37 +0000</pubDate>
		<dc:creator>Billy Thomas</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[billions]]></category>
		<category><![CDATA[Data]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Mexico]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Phone]]></category>
		<category><![CDATA[Web]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=94025</guid>
		<description><![CDATA[Mexico is the second largest Latin American economy, but it seems the cost of phone and internet bills are holding it back. From the years of 2005-2009, consumers in mexico spent 13.4 billion dollars per year excess for phone and &#8230;]]></description>
			<content:encoded><![CDATA[<p>Mexico is the second largest Latin American economy, but it seems the cost of phone and internet bills are holding it back. From the years of 2005-2009, consumers in mexico spent 13.4 billion dollars per year excess for phone and internet. Also it seems the highest fees impacted the poorer families. This overcharging ended up costing the country 129 billion dollars over a five year time span.</p>
<p>The telephone market is dominated by Slim Telefonos de Mexico A.K.A. Telemex which provides nearly 80 percent of the services, while billionaire Carlos Slim controls around 70 percent of the cellphone market with America Movil.</p>
<p>Dionisio Perez-Jacome, minister of Communications and Transport had this to say<a href="http://www.reuters.com/article/2012/01/31/us-mexico-phone-idUSTRE80U05420120131">, according to one source</a>:</p>
<p><em>&#8220;This is a critical study&#8230;that exposes the weakness of the telecommunications sector in Mexico.&#8221;</em></p>
<p>In the year 2008, Telemex had a profit margin of nearly 50 percent, while countries like Canada and the UK only had close to 30 percent. Mexican Government is, in the mean time, trying to increase broadband speeds in mexico, which apparently they feel will soften the blow of thee high prices. Evidently in their opinion broadband speed trumps ridiculous price. </p>
<p>In your opinion, does speed outweigh price or do steep prices steer you elsewhere? Should speed and price equal each other? With this economy who can afford expensive internet anyway? Leave your opinions in the comments section</p>
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		<title>Get Paid To Watch TV</title>
		<link>http://www.webpronews.com/get-paid-to-watch-tv-2012-01</link>
		<comments>http://www.webpronews.com/get-paid-to-watch-tv-2012-01#comments</comments>
		<pubDate>Thu, 26 Jan 2012 16:29:38 +0000</pubDate>
		<dc:creator>Mike Tuttle</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Apps]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[TV]]></category>
		<category><![CDATA[viggle]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=92413</guid>
		<description><![CDATA[A new app for iPhone offers to pay you for watching TV. I&#8217;ll wait til you stop hyperventilating. Available now at the App Store, Viggle is a free app. Once you install the app, you tap the screen and the &#8230;]]></description>
			<content:encoded><![CDATA[<p>A new app for iPhone offers to pay you for watching TV.</p>
<p>I&#8217;ll wait til you stop hyperventilating.</p>
<p><a href="http://itunes.apple.com/us/app/viggle/id487066871?ls=1&#038;mt=8">Available now</a> at the App Store, <a href="http://viggle.com/">Viggle</a> is a free app. Once you install the app, you tap the screen and the app listens to what you are watching on TV, recognizes it as TV, and gives you 2 points for every minute you watch of TV.</p>
<p>Once you rack up 7,500 points (62.5 hours), you get a $5 gift card from retailers like iTunes, Best Buy, and Starbucks. Meh.</p>
<p>But, there are ways to collect bonus points, too. Watch an ad, get more points. Watch certain shows, get extra points. You get 1.500 points for just signing up. You get 200 points for getting friends to sign up.</p>
<p>Since you&#8217;re already thinking up ways to game the system, there are some rules. You have to watch a show for at least 10 minutes. You can&#8217;t watch the same ad over and over.</p>
<p>Now, there&#8217;s bound to be someone out there with a DVR, a wide network of friends willing to help with a social experiment, and someplace to sell iTunes cards. The clock is ticking.</p>
]]></content:encoded>
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		<title>Google: 90 Million Google+ Users, 11 BILLION Android Market Downloads</title>
		<link>http://www.webpronews.com/google-boasts-90-million-users-a-200-increase-since-oct-2011-2012-01</link>
		<comments>http://www.webpronews.com/google-boasts-90-million-users-a-200-increase-since-oct-2011-2012-01#comments</comments>
		<pubDate>Thu, 19 Jan 2012 22:41:30 +0000</pubDate>
		<dc:creator>Drew Bowling</dc:creator>
				<category><![CDATA[Search]]></category>
		<category><![CDATA[Android]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Google Plus]]></category>
		<category><![CDATA[Larry Page]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Vic Gundotra]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=90795</guid>
		<description><![CDATA[It&#8217;s 2012 and at this point I&#8217;m certain we can retire the debate over whether social media is a good way for businesses to engage users on these sites. It just is and that&#8217;s that. In the midst of Google&#8217;s &#8230;]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s 2012 and at this point I&#8217;m certain we can retire the debate over whether social media is <a href="http://www.webpronews.com/the-next-web-is-most-engaged-news-group-on-google-2012-01">a good way</a> for businesses to engage users on these sites. It just is and that&#8217;s that.</p>
<p>In the midst of Google&#8217;s <a href="http://investor.google.com/earnings/2011/Q4_google_earnings.html">announcement</a> about their results for the 2011 fiscal year, they nonchalantly dropped a pretty juicy piece of info concerning their social networking site:</p>
<blockquote><p><em>&#8220;Google had a really strong quarter ending a great year. Full year revenue was up 29%, and our quarterly revenue blew past the $10 billion mark for the first time,” said Larry Page, CEO of Google. “I am super excited about the growth of Android, Gmail, and Google+, which now has 90 million users globally – well over double what I announced just three months ago. By building a meaningful relationship with our users through Google+ we will create amazing experiences across our services. I’m very excited about what we can do in 2012 – there are tremendous opportunities to help users and grow our business.”</em></p></blockquote>
<p>Did you see what Larry Page did there? &#8220;Google+ now has 90 million users globally &#8211; well over double what I announced just three months ago.&#8221; In three months, Google grew over 200% and is, I think we can officially say, booming. Page included a transcription of his remarks on <a href="https://plus.google.com/106189723444098348646/posts/jcyvVa5K4JW">his Google+ page</a>, where another interesting bit of fact was shared:</p>
<blockquote><p><em>I’m also pleased to announce that there are over 90M Google+ users &#8212; well over double what I announced just a quarter ago on our earnings call. Engagement on + is also growing tremendously. I have some amazing data to share there for the first time: +users are very engaged with our products &#8212; over 60% of them engage daily, and over 80% weekly.</em></p></blockquote>
<p>Yup. Definitely booming.</p>
<p>Vic Gundotra, Senior Vice President of Engineering at Google, <a href="https://plus.google.com/107117483540235115863/posts">remarked upon</a> the &#8220;stunning statistics&#8221; from Page&#8217;s talk:</p>
<blockquote><p><em>On behalf of the Google+ team, I wanted to thank you for using Google+. Four months ago, when we opened to the public, we were not sure what kind of reception we would receive. Your feedback has helped us build this service, and we can&#8217;t thank you enough for your enthusiastic support. </p>
<p>We deeply believe in the power of people. Google can be about pages and people, about information and individuals. </p>
<p>This past quarter we began to simplify the Google experience. Gmail, Android, Chrome, Search, Ads, and YouTube are in the early stages of having deep support for your identity and your relationships. Expect us to deliver something truly beautiful. We&#8217;ve only just begun to work on that promise. </em></p></blockquote>
<p>Other items of note from Page&#8217;s talk:</p>
<li>Google+ has shipped an average of one new feature <em>every day</em> since June.</li>
<li>With DoubleClick Ad Exchange, spending is up over 130% &#8220;year on year.&#8221;</li>
<li>Google Enterprise signs up over 5,000 new customers every day.</li>
<li>Gmail has over 350 million active users.</li>
<li>700,000 Android phones are &#8220;lit up&#8221; every day</li>
<li>There have been over <strong>11 BILLION</strong> downloads from Android Market.</li>
<p>Say what you want about the ubiquity of Facebook in our lives or the mystique that shrouds the &#8220;cult&#8221; of Apple/Mac, but Google is stirring so many pots &#8211; and very deftly, at that &#8211; that they appear to be on track win 2012 and it&#8217;s only January. Throw in the fact that as early as next year the sale of Android devices very may well <a href="http://www.webpronews.com/android-devices-projected-to-surpass-pcs-sales-next-year-2012-01">eclipse PCs</a> and you&#8217;ll start to believe that, in a few years, these &#8220;fiscal earning reports&#8221; will simply be called the State of the Union Address by the President of the United States of Google.</p>
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		<title>PayPal Android App Gets Check Photo Snapping Feature</title>
		<link>http://www.webpronews.com/paypal-android-app-2011-05</link>
		<comments>http://www.webpronews.com/paypal-android-app-2011-05#comments</comments>
		<pubDate>Wed, 18 May 2011 20:09:00 +0000</pubDate>
		<dc:creator>Chris Crum</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Android]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Payments]]></category>
		<category><![CDATA[paypal]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=65836</guid>
		<description><![CDATA[PayPal updated its Android app this morning to version 2.8. The new version has some new features including the ability to add money from checks by snapping a photo of the check (U.S. only) and storing of the app on &#8230;]]></description>
			<content:encoded><![CDATA[<p>PayPal updated its Android app this morning to version 2.8. The new version has some new features including the ability to add money from checks by snapping a photo of the check  (U.S. only) and storing of the app on the Android device&#8217;s removable SD card. </p>
<p>The add money from a check feature was added to the iPhone last fall. It&#8217;s unclear what took so long to bring the functionality to Android (possibly the intricacies of the ecosystem and large amount of different devices &#8211; see Netflix issues), but as Android has such a significant share of the smartphone market, this is a huge win for PayPal users.</p>
<p>PayPal&#8217;s Shimone Samuel <a href="https://www.thepaypalblog.com/2011/05/paypal%E2%80%99s-new-android-app-lets-you-transfer-checks-by-snapping-a-photo/">says</a> it&#8217;s only because the iPhone has been around longer. &#8220;On average, about a million dollars per month have been uploaded since we launched mobile check capture on the iPhone,&#8221; he says. &#8220;That’s a lot of people skipping the ATM, depositing a check with their phone and not paying any fees for the privilege.&#8221;</p>
<p><a href="https://www.thepaypalblog.com/2011/05/paypal%E2%80%99s-new-android-app-lets-you-transfer-checks-by-snapping-a-photo/"><img alt="PayPal Android Check Photo Snapping Feature" src="http://images.ientrymail.com/webpronews/pictures/paypal-android-check.png" title="PayPal Android Check Photo Snapping Feature" class="aligncenter" width="480" height="800" /></a></p>
<p>&#8220;From a personal perspective I love the check transfer feature, I use an online-only bank and until this feature was added my only option was to mail checks for deposit,&#8221; Samuel adds. &#8220;Now I snap a picture and add them directly to PayPal. I can leave the balance in my PayPal account or withdraw it to my bank.&#8221;</p>
<p>As the competition heats up in the mobile payments space, the addition of the check depositing feature seems like a no-brainer, especially as the feature is becoming much more common among bank apps.</p>
<p><a href="http://www.webpronews.com/paypal-buys-fig-card-aims-to-kill-the-wallet-2011-04">PayPal is already looking to kill the wallet</a>. Eliminating trips to the bank is always helpful for consumers as well. </p>
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		<title>Richest Man in the World: Carlos Slim, According to Forbes List</title>
		<link>http://www.webpronews.com/richest-man-in-the-world-carlos-slim-forbes-list-2011-03</link>
		<comments>http://www.webpronews.com/richest-man-in-the-world-carlos-slim-forbes-list-2011-03#comments</comments>
		<pubDate>Wed, 09 Mar 2011 21:40:29 +0000</pubDate>
		<dc:creator>Chris Crum</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Carlos Slim]]></category>
		<category><![CDATA[forbes]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=58511</guid>
		<description><![CDATA[Forbes has released its annual Billionaires list. Carlos Slim Helú (and family) made the top of the list. Forbes reports: Atop the heap is Mexico&#8217;s Carlos Slim Helu, who added $20.5 billion to his fortune, more than any other billionaire. &#8230;]]></description>
			<content:encoded><![CDATA[<p>Forbes has released its annual Billionaires list. Carlos Slim Helú (and family) made the top of the list. Forbes <a title="Forbes Releases Billionaires list" href="http://www.forbes.com/2011/03/08/world-billionaires-2011-intro.html">reports</a>:</p>
<p><em>Atop the heap is Mexico&#8217;s Carlos Slim Helu, who added $20.5 billion to his fortune, more than any other billionaire. The telecom mogul, who gets 62% of his fortune from America Movil , is now worth $74 billion and has pulled far ahead of his two closest rivals. Bill Gates, No. 2, and Warren Buffett, No. 3, both added a more modest $3 billion to their piles and are now worth $56 billion and $50 billion, respectively. Gates, who now gets 70% of his fortune from investments outside of Microsoft, has actually been investing in the Mexican stock market and has holdings in Mexican Coke bottler Femsa and Grupo Televisa.</em></p>
<style type="text/css">.ditto45586173095186432{background: #C0DEED url(http://a0.twimg.com/profile_background_images/92766418/twitter-background.jpg) no-repeat;padding: 20px;} .ditto45586173095186432 a { color: #336699;} p.dittoTweet{background: #fff;padding: 10px 12px 10px 50px;margin: 0;min-height: 48px;color: #000;font-size: 18px !important;line-height: 22px;-moz-border-radius: 5px;-webkit-border-radius: 5px;} p.dittoTweet span.metadata {display: block;width: 100%;clear: both;margin-top: 8px;padding-top: 12px;height: 65px;} p.dittoTweet span.metadata span.author {line-height: 22px;color: #666;font-family: Arial, Helvetica, sans-serif;} .mainlink {font-family: Arial, Helvetica, sans-serif;font-size: 26px;color: #1F98C7;text-decoration: none;} .mainlink: hover {color: #1F98C7;text-decoration: underline;} .tweet {font-size: 24px;} p.dittoTweet span.metadata span.author img {float: left; margin: 0px 7px 0px 0px;} p.dittoTweet a:hover {text-decoration: underline;} p.dittoTweet span.timestamp {font-size: 12px;display: block;color: #999;} p.dittoTweet span.timestamp a {color: #999;text-decoration: none;}</style>
<div class="ditto45586173095186432">
<p class="dittoTweet"><span class="metadata"><span class="author"><a href="http://twitter.com/Forbes"><img src="http://a1.twimg.com/profile_images/1187214304/forbes-icon-twitter_bg_normal.png"/></a><strong><a href="http://twitter.com/Forbes" class="mainlink">@Forbes</a></strong><br />Forbes</span></span>Carlos Slim Helu leads our 25th annual list of the world&#8217;s richest people. His net worth: $74 billion <a href="http://www.forbes.com/" rel="nofollow">http://www.forbes.com/</a><span class="timestamp"><a href="http://www.twitter.com"><img src="http://images.ientrymail.com/socialditto/twitter-bird.png" border="0" align="absmiddle" /></a> <a href="http://twitter.com/#!/Forbes/status/45586173095186432" title="Wed Mar 09 20:46:05 +0000 2011">53 minutes ago</a>  via <a href="http://www.tweetdeck.com" rel="nofollow">TweetDeck</a>&nbsp;&middot;&nbsp;powered by <a href="http://www.socialditto.com">@socialditto</a></span></p>
</div>
<p><strong>The top 20 are:</strong></p>
<p>1. Carlos Slim Helú &amp; family<br />
2. Bill Gates<br />
3. Warren Buffett<br />
4. Bernard Arnault<br />
5. Larry Ellison<br />
6. Lakshmi Mittal<br />
7. Amancio Ortega<br />
8. Eike Batista<br />
9. Mukesh Ambani<br />
10. Christy Walton &amp; family<br />
11. Li Ka-shing<br />
12. Karl Albrecht<br />
13. Stefan Persson<br />
14. Vladimir Lisin<br />
15. Liliane Bettencourt<br />
16. Sheldon Adelson<br />
17. David Thomson &amp; Family<br />
18. Charles Koch<br />
19. David Koch<br />
20. Jim Walton</p>
<p>View the slideshow <a title="Forbes Richest People List" href="http://www.forbes.com/2011/03/09/billionaires-20-richest_slide.html">here</a>.</p>
<p>While Facebook may have spawned six billionaires, as Forbes says, none of them made the top 20 &#8211; Mark Zuckerberg included. He <em>was</em> named the youngest self-made billionaire last year, however. He also <a title="Mark Zuckerberg to give wealth to charity" href="http://www.webpronews.com/mark-zuckerberg-pledges-majority-of-fortune-to-charity-2010-12">pledged to give the majority of his wealth to charity</a>.</p>
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		<title>YouTube To Provide Upcoming Video Producers With $5 Million</title>
		<link>http://www.webpronews.com/youtube-to-provide-upcoming-video-producers-with-5-million-2010-07</link>
		<comments>http://www.webpronews.com/youtube-to-provide-upcoming-video-producers-with-5-million-2010-07#comments</comments>
		<pubDate>Tue, 13 Jul 2010 18:19:35 +0000</pubDate>
		<dc:creator>Bruce Houghton</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[creator]]></category>
		<category><![CDATA[grant]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[producer]]></category>
		<category><![CDATA[Video]]></category>
		<category><![CDATA[YouTube]]></category>

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		<description><![CDATA[<div class="entry-content">
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<p style="text-align: justify;">&#160; Think you've got a video idea <strong>cooler than OK Go</strong>, but don't have the cash to produce it?&#160; If you've already had some success on the online channel, help may be on the way.<a href="http://www.hypebot.com/.a/6a00d83451b36c69e2013485601b0e970c-popup"><img width="186" align="right" height="123" style="display: block; margin-left: auto; margin-right: auto;" src="http://www.hypebot.com/.a/6a00d83451b36c69e2013485601b0e970c-250wi" class="asset asset-image at-xid-6a00d83451b36c69e20134856]]></description>
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<p style="text-align: justify;">&nbsp; Think you&#8217;ve got a video idea <strong>cooler than OK Go</strong>, but don&#8217;t have the cash to produce it?&nbsp; If you&#8217;ve already had some success on the online channel, help may be on the way.<a href="http://www.hypebot.com/.a/6a00d83451b36c69e2013485601b0e970c-popup"><img width="186" align="right" height="123" style="display: block; margin-left: auto; margin-right: auto;" src="http://www.hypebot.com/.a/6a00d83451b36c69e2013485601b0e970c-250wi" class="asset asset-image at-xid-6a00d83451b36c69e2013485601b0e970c " alt="image from www.hsdent.com" /></a></p>
<p style="text-align: justify;"><strong>YouTube </strong>has announced a plan to give out <strong>$5 million in grants</strong> to worth video creators. The <strong>YouTube Partner Grants </strong>program  will invest in select emerging video producers and their goal is &quot;to  catalyze the creation of new ideas and production models&quot; from some of  the online video channel&#8217;s more innovative creators.</p>
<p><strong>Here&rsquo;s how it works:</strong></p>
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<div class="entry-more">
<ul>
<li>YouTube is identifying eligible partners based on factors such as  video views, subscribers, growth rate, audience engagement and  production expertise.</li>
<li>Selected partners are contacted by YouTube and invited to submit a Grant proposal.</li>
<li>Proposals are evaluated by YouTube based on signals which include  projected performance, distribution plan, marketing plan, cost  requirements and appeal to advertisers.</li>
<li>If approved, funds are transferred to the partner so they can get started on their project.</li>
<li>More info <a target="_blank" href="http://youtube-global.blogspot.com/2010/07/investing-in-future-of-video-youtube.html">here</a>.</li>
</ul>
</div>
</div>
<p><a href="http://www.hypebot.com/hypebot/2010/07/youtube-wants-to-give-you-5-million.html">Comments</a></p>
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		<title>Users Who Spend More Time On Facebook, Spend More Money Online</title>
		<link>http://www.webpronews.com/users-who-spend-more-time-on-facebook-spend-more-money-online-2010-06</link>
		<comments>http://www.webpronews.com/users-who-spend-more-time-on-facebook-spend-more-money-online-2010-06#comments</comments>
		<pubDate>Mon, 07 Jun 2010 16:43:10 +0000</pubDate>
		<dc:creator>Manoj Jasra</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[eMarketer]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[shopping]]></category>
		<category><![CDATA[spend]]></category>
		<category><![CDATA[Twitter]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=54177</guid>
		<description><![CDATA[<p>According to the latest report by <a href="http://www.emarketer.com/Article.aspx?R=1007739">eMarketer</a>, on  Facebook, the visitors who spend the most time on the site also spend  the most dollars on online shopping, with an average of $67 in spending  for the top 20% of visitors. Users who don't use Facebook at all spent  an average of only $27 during this time. Twitter users were a litte bit  different in that the higher spend came from medium activity users.<br />
]]></description>
			<content:encoded><![CDATA[<p>According to the latest report by <a href="http://www.emarketer.com/Article.aspx?R=1007739">eMarketer</a>, on  Facebook, the visitors who spend the most time on the site also spend  the most dollars on online shopping, with an average of $67 in spending  for the top 20% of visitors. Users who don&#8217;t use Facebook at all spent  an average of only $27 during this time. Twitter users were a litte bit  different in that the higher spend came from medium activity users.</p>
<p><a href="http://3.bp.blogspot.com/_quCMJkR2yoE/TAx2j7XZ3sI/AAAAAAAABoo/lmbw8v9-T78/s1600/facebookspending.gif"><img border="0" src="http://3.bp.blogspot.com/_quCMJkR2yoE/TAx2j7XZ3sI/AAAAAAAABoo/lmbw8v9-T78/s400/facebookspending.gif" alt="" id="BLOGGER_PHOTO_ID_5479885206206406338" style="width: 325px; height: 299px;" /></a></p>
<p><a href="http://3.bp.blogspot.com/_quCMJkR2yoE/TAx2kbYzr2I/AAAAAAAABow/y2JzTZl2puM/s1600/twitterspending.gif"><img border="0" src="http://3.bp.blogspot.com/_quCMJkR2yoE/TAx2kbYzr2I/AAAAAAAABow/y2JzTZl2puM/s400/twitterspending.gif" alt="" id="BLOGGER_PHOTO_ID_5479885214802227042" style="width: 325px; height: 306px;" /></a></p>
<p><a href="http://www.webanalyticsworld.net/2010/06/heavy-facebook-users-spend-more-money.html">Comments</a></p>
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		<title>The True &#8220;Value&#8221; Of Facebook Fans</title>
		<link>http://www.webpronews.com/the-true-value-of-facebook-fans-2010-04</link>
		<comments>http://www.webpronews.com/the-true-value-of-facebook-fans-2010-04#comments</comments>
		<pubDate>Tue, 20 Apr 2010 21:24:53 +0000</pubDate>
		<dc:creator>Michael Brito</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[fan]]></category>
		<category><![CDATA[formula]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Study]]></category>
		<category><![CDATA[Value]]></category>
		<category><![CDATA[worth]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=53683</guid>
		<description><![CDATA[<p>According to a recent study released by <a target="_blank" href="http://vitrue.com/">Vitrue</a> last week, <a target="_blank" href="http://vitrue.com/blog/2010/04/14/360-facebook-fan-valuation-is-just-the-tip-of-the-iceberg/">Facebook Fans are valued at $3.60</a> each in earned  media for brands.]]></description>
			<content:encoded><![CDATA[<p>According to a recent study released by <a target="_blank" href="http://vitrue.com/">Vitrue</a> last week, <a target="_blank" href="http://vitrue.com/blog/2010/04/14/360-facebook-fan-valuation-is-just-the-tip-of-the-iceberg/">Facebook Fans are valued at $3.60</a> each in earned  media for brands. <a href="http://thefuturebuzz.com/2010/04/14/the-value-of-a-fan/">Not  everyone</a> was happy with the study and a <a href="http://exitcreative.net/blog/2010/04/fans-cpm-and-academic-rigor/">few  even</a> poked holes in the formula and assumptions made.&nbsp; I also wrote  <a href="http://edelmandigital.com/2010/04/19/not-all-fans-are-created-equal/">about  it here</a> if you&rsquo;re interested. Despite the formula flaws, I do think  it&rsquo;s a good start to something many marketers are looking for &ndash; i.e.  what&rsquo;s the return on investing budget and human capital on a Facebook  fan page? In fact, working on the brand side for many years, this  question arises daily.&nbsp; And, the reality is that we may never know the<strong>  true value of a fan</strong> because human behavior changes all the  time and technology isn&rsquo;t quite there yet; not to mention the possible  privacy implications.&nbsp; I do feel that calculating fan value needs to  involve more than just impressions.&nbsp; For now though, I am okay with  that.<img align="right" src="http://www.britopian.com/wp-content/uploads/2010/04/facebook-fan.gif" style="width: 123px; height: 122px;" alt="" /></p>
<p>Here is a quick recap of the formula used  to calculate the valuation:</p>
<p style="text-align: center;">1M impressions x 2 posts x 30 days = 60M  impressions<br />
60M impressions / 1000 x $5 CPM = $300,000<br />
$300,000 x 12 months = $3.6M<br />
$3.6M / 1M fans = $3.60</p>
<p>Using this same formula, I did some quick research and found 10 high  profile brands and calculated their fan value. You will be surprised and  some of the results:</p>
<ul>
<li><strong>Coca Cola</strong> &ndash; $0.96 cents (5.3M fans and posted 16x  in the last month)</li>
<li><strong>Youtube</strong> &ndash; $1.92 (4.8M fans and posted 32x last  month)</li>
<li><strong>Pringles</strong> &ndash; $.030 (3.1M fans and posted 5x last  month)</li>
<li><strong>Adidas</strong> &ndash; $2.40 (2.7M fans and posted 40x in the  last month. Also sharing links to their e-commerce store so one would  assume that their fan value is much higher)</li>
<li><strong>Red Bull</strong> &ndash; $1.14 (2.5M fans and posted 19x in the  last month)</li>
<li><strong>Starbucks</strong> &ndash; $1.20 (6.8M fans and posted 20x in the  last month)</li>
<li><strong>Pizza Hut</strong> &ndash; $0.30 (1.2M fans and posted 5x in the  last month)</li>
<li><strong>McDonalds</strong> &ndash; $0.24 (2.1M fans and posted 4x in the  last month</li>
<li><strong>NBA</strong> &ndash; $8.22 (2.1M fans and postes 137x in the last  month; but this makes sense since it&rsquo;s the Playoffs.&nbsp; I am sure the  value of fans decreases in the off season)</li>
<li><strong>PUMA</strong> &ndash; $0.84 (1.5M fans and posted 14x in the last  month</li>
</ul>
<p>Now for those of you who are deficient in math like myself, you will  notice that the value of each fan is solely based on the assumed $5 CPM  and the frequency of monthly posts.&nbsp; The value doesn&rsquo;t change if you  have 50,000 fans or 6,000,000 fans.</p>
<p>Also, in analyzing each of each of these fan pages, I am most  impressed with the NBA.&nbsp; They are doing polls, asking questions, posting  videos; wallpaper downloads, linking to their e-commerce store, and  their fans are extremely engaged.</p>
<p>If you work for a brand and have a stagnant fan page or if you are  thinking about launching one; here are <a href="http://www.toprankblog.com/2010/01/facebook-marketing-fan-pages/">few</a>  <a href="http://www.ignitesocialmedia.com/how-to-develop-a-facebook-fan-page-strategy-step-1/">pointers</a>  which might be useful.</p>
<p>Disclosure: Starbucks is an Edelman client.</p>
<p><a href="http://www.britopian.com/2010/04/20/whats-your-facebook-fan-worth/">Comments</a></p>
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		<title>Intel Pays AMD $1.25 Billion, Following That $1.5 Billion Fine</title>
		<link>http://www.webpronews.com/intel-pays-amd-125-billion-following-that-15-billion-fine-2009-11</link>
		<comments>http://www.webpronews.com/intel-pays-amd-125-billion-following-that-15-billion-fine-2009-11#comments</comments>
		<pubDate>Thu, 12 Nov 2009 15:27:42 +0000</pubDate>
		<dc:creator>Chris Crum</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[AMD]]></category>
		<category><![CDATA[Antitrust]]></category>
		<category><![CDATA[disputes]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Intel]]></category>
		<category><![CDATA[Legal]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[settlements]]></category>
		<category><![CDATA[Technology]]></category>

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		<description><![CDATA[<p><strong>Update:</strong>&#160;Intel has now <a href="http://www.intel.com/pressroom/archive/releases/2009/20091112corp_b.htm">updated</a> its Fourth-quarter financial expectations:<br />
]]></description>
			<content:encoded><![CDATA[<p><strong>Update:</strong>&nbsp;Intel has now <a href="http://www.intel.com/pressroom/archive/releases/2009/20091112corp_b.htm">updated</a> its Fourth-quarter financial expectations:</p>
<p><em><span class="myst.item.description">As a result of the legal settlement announced today with Advanced Micro Devices (AMD), Intel Corporation adjusted its fourth-quarter financial expectations to reflect the impact of the $1.25 billion settlement payment. Intel now expects spending (R&amp;D plus MG&amp;A) in the fourth quarter to be approximately $4.2 billion, up from $2.9 billion. In addition, the effective tax rate is expected to be approximately 20 percent, down from 26 percent. All other expectations are unchanged.</span><br />
</em><br />
<strong>Original Article:</strong>&nbsp;According to <a href="http://www.nytimes.com/2009/11/13/technology/companies/13chip.html">reports</a>, technology giant Intel has agreed to pay $1.25 billion to settle multiple disputes with rival chip manufacturer Advanced Micro Devices or AMD. These two companies have been feuding for years. Actually, decades. The Wall Street Journal <a href="http://online.wsj.com/article/SB10001424052748704576204574531412169533976.html">notes</a> that the two companies have had disputes as far back as the 1980s. </p>
<p>In 2005, AMD filed a suit against Intel, claiming that Intel was engaging in unfair competition by offering rebates to Japanese PC makers, who in turn would eliminate or limit purchases of microprocessors made by AMD or Transmeta. Here&#8217;s a little more history about the current dispute (<a href="http://en.wikipedia.org/wiki/AMD_v._Intel">via Wikipedia</a>):</p>
<p><em><img align="right" style="margin: 10px;" title="Intel Inside" alt="Intel Inside" src="http://images.ientrymail.com/webpronews/article_pics/intel-inside.jpg" />The complaint was filed in the U.S. District Court in Delaware in June 2005. The court date, originally scheduled for April 2009, has been pushed back to February 2010. One delay was due to the Korea Fair Trade Commission issuing Intel a fine of US$25.4 million. Some of the manufacturers involved in the case are Dell, HP, Gateway, Acer, Fujitsu, Sony, Toshiba, and Hitachi.</p>
<p>In February 2009 it was reported that Intel had spent at least US$116 million to date on legal representation on the antitrust suit. This was inferred from a US$50 million lawsuit filed by Intel against one of its insurers; the lawsuit disclosed that Intel had already exhausted US$66 million in coverage from two other insurers while fighting the antitrust lawsuit.</em></p>
<p>It appears that everything is now square between Intel and AMD, at least financially. The New York Times <a href="http://www.nytimes.com/2009/11/13/technology/companies/13chip.html">reports</a> that the $1.25 billion settlement will resolve all of AMD&#8217;s regulatory complaints worldwide as well as suits in Delaware and Japan. In addition to the hefty sum of money, Intel has also agreed to abide by certain terms with regards to business practices. </p>
<p>Earlier this year, the EU fined Intel a record $1.5 billion. According to the NYT, the EU&#8217;s commissioner says the company&#8217;s settlement with AMD will not affect the EU&#8217;s decision on that fine. </p>
<p>Ouch. <br />
<strong><br />
</strong></p>
<p><strong>Related Articles:</strong></p>
<p><span style="font-family: Arial;"><span style="font-size: larger;">&gt; </span></span><a href="http://www.webpronews.com/topnews/2009/05/13/eu-fines-intel-a-record-145-billion" style="color: rgb(0, 105, 210); text-decoration: underline;"><span style="font-family: Arial;"><span style="font-size: larger;">EU Fines Intel A Record $1.45 Billion</span></span></a></p>
<p><span style="font-family: Arial;"><span style="font-size: larger;">&gt; </span></span><a href="http://www.webpronews.com/topnews/2009/11/04/ny-ag-hits-intel-with-antitrust-suit" style="color: rgb(0, 105, 210); text-decoration: underline;"><span style="font-family: Arial;"><span style="font-size: larger;">NY AG Hits Intel With Antitrust Suit</span></span></a></p>
<p><span style="font-family: Arial;"><span style="font-size: larger;">&gt; </span></span><a href="http://www.webpronews.com/topnews/2009/07/10/intel-apparently-a-google-chrome-os-partner-too" style="color: rgb(0, 105, 210); text-decoration: underline;"><span style="font-family: Arial;"><span style="font-size: larger;">Intel Apparently A Google Chrome OS Partner, Too</span></span></a></p>
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