Facebook is contemplating a technology that would allow children, younger than 13 years old to access the social network. The idea is to let parents control, whom their children can befriend and which aps they can use. Facebook is hoping to make money, by charging parents for the games and entertainment features their kids use. As Facebook is struggling to maintain the 88% revenue growth it had over the last year, harvesting the kids’ market could mean more money for Facebook and more work for Regulators! But good news is that, according to Consumer Reports last year, 7.5 million youngsters under the age of 13, were already using the site illegally! Would be a shame not to monetize that somehow!
Europe’s stronghold and decision maker has made its final verdict. There will be no collective debt sharing system in the euro zone in the foreseeable future. Roumour has it, that German Chancellor Merkel is encouraging Spain to take an international loan, if they can’t resolve their banking crisis. According to George Soros, Europe has about three months left to turn this ship around and Germany is the one who has to do it. In the meantime Wall Street is getting very jittery over the current economic prospects, with more and more investors pulling out of risky assets. Looks like we will just have to sit tight, ride out this storm and hope for the best outcome.
Roumours that Queen Elizabeth might be abdicating her throne, days after celebrating the Queen’s Diamond Jubilee, have been squashed by Minister David Cameron. The Queen is now 86th years old, so it is not too big a surprise, speculation is going around that Prince William might be taking over soon, with the crown skipping one generation. But remember you are only as old as you feel. Long live the queen.
Facebook is contemplating a technology that would allow children, younger than 13 years old to access the social network. The idea is to let parents control, whom their children can befriend and which aps they can use. Facebook is hoping to make money, by charging parents for the games and entertainment features their kids use. As Facebook is struggling to maintain the 88% revenue growth it had over the last year, harvesting the kids’ market could mean more money for Facebook and more work for Regulators! But good news is that, according to Consumer Reports last year, 7.5 million youngsters under the age of 13, were already using the site illegally! Would be a shame not to monetize that somehow!
Europe’s stronghold and decision maker has made its final verdict. There will be no collective debt sharing system in the euro zone in the foreseeable future. Roumour has it, that German Chancellor Merkel is encouraging Spain to take an international loan, if they can’t resolve their banking crisis. According to George Soros, Europe has about three months left to turn this ship around and Germany is the one who has to do it. In the meantime Wall Street is getting very jittery over the current economic prospects, with more and more investors pulling out of risky assets. Looks like we will just have to sit tight, ride out this storm and hope for the best outcome.
Roumours that Queen Elizabeth might be abdicating her throne, days after celebrating the Queen’s Diamond Jubilee, have been squashed by Minister David Cameron. The Queen is now 86th years old, so it is not too big a surprise, speculation is going around that Prince William might be taking over soon, with the crown skipping one generation. But remember you are only as old as you feel. Long live the queen.