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Articles about revenue

Facebook starts using virtual currency more and more in a move to make big bucks

by Heather Wood on May 27, 2009 at 11:12 AM

Facebook has always been plagued with issues when it comes to making money from their wildly popular site.  While Facebook has floundered, MySpace has built partnerships with different companies, including record and production agencies in order to make it extremely profitable.  In a move to build revenue for their site,… Continue Reading »

Sun reports horror story first quarter

by Shawn Ingram on Oct 31, 2008 at 08:00 AM

Sun Microsystems announced a horrific quarter yesterday—a loss for what is now the third quarter in a row.  This past quarter resulted in a net loss of $1.68 billion, with a revenue of $2.99 billion.  The same quarter last year had a net income of $89 million, and a $3.22… Continue Reading »

Verizon announces text messaging price hike

by Sue Walsh on Jan 23, 2008 at 10:37 AM

Verizon Wireless has announced that it will raise the price of text messages by 5 cents starting March 2nd. The hike will result in customers paying 20 cents per message. Sprint Nextel became the first U.S. carrier to charge 20 cents per message when it raised its rates in October… Continue Reading »

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