Where are the true believers?

Startup fundraising isn't about convincing skeptics but rather finding true believers.

Twitter buys Tweetdeck

Taking out another potential competitor, Twitter has reportedly acquired TweetDeck for more than $40 million in cash and stock.

Apple dominates profits with 57% profit share in Mobiles globally

With 19% smartphone (Canalys) market share, and 5% Mobiles (IDC) market share, Apple takes a disproportionate 45% of the industry profits.

Blackberry (25% of Industry Margins), HTC (15%), Samsung (12%) and Nokia (8%) complete the list.

Microsoft to buy Nokia!

Microsoft rumoured to be negotiating to buy Nokia's phone business. Watch this space

Trinity Mirror continues to struggle

Trinity Mirror has reported a 10% fall in advertising revenue in the year to 1 May and warned of the continuing challenging and fragile economic environment facing newspaper publishers.

The Times iPad

Twenty-five thousand people read The Times on iPad each day. Its stablemate The Sunday Times counts 22,000 readers, including two million iPad page views.

Microsoft confirms $8.5 billion cash to acquire Skype

US CEO pay

CEO Pay Rose 11 Percent in 2010

The median value of compensation for CEOs of 350 major companies rose 11
percent to $9.3 million, according to a study conducted for The Wall
Street Journal by management consultancy firm Hay Group.

At the top of the list is Viacom CEO Philippe Dauman, who pocketed $84.3 million in compensation - more than double his 2009 total.

Next was Oracle honcho Larry Ellison, who received compensation valued at $68.6 million, followed by CBS CEO Les Moonves, who can drown all his Charlie
Sheen-related sorrows with compensation valued at $53.9 million.

Four of the top 10 most highly compensated CEOs were heads of media companies, including those at Viacom, CBS, Walt Disney, and Time Warner. Meanwhile,News Corp. CEO Rupert Murdoch ranked 52nd on the list, receiving $16.5 million in compensation.

Read it at The Wall Street Journal:
http://e.thedailybeast.com/a/tBNx9sDB7SwhTB8a9g4DTNACvd$/dail4

News boon

What an extraordinary and momentous world news and current affairs calender .

Few can remember so many massive stories packed into so few months


We've had massive natural disasters, oil and nuclear disasters and financial disasters. We've had the reshaping of north africa and the middle east thanks to the Arab Spring. We've had the slaying of OBL after a decade of effort, we've had the wondrous spectacle of a royal weddings. Phone hacking. Etc. Etc.
The list just goes on and on.

Its provided a boon for news media  and the coming of age of social media as influential news channels.

This must be one of the very finest news runs of all time.

Smartphone sales growth

The worldwide smartphone market grew 80% in the first quarter compared to a year ago as manufacturers rolled out much-anticipated new devices and prices on older models dropped, according to new data from technology research firm IDC.

The number of smartphones shipped in the quarter nearly doubled to 99.6 million units from 55.4 million a year ago.