Technology

Is Facebook really worth so much?

In just eight years, Facebook has attracted 845 million users, more than half of whom use the site every day, and it made a profit of $1bn on total revenues - advertising plus fees - of $3.7 billion.

THE Morgan Stanley bankers who have been hired to run the Facebook flotation find themselves in a months-long jousting match over stock's sale price.
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Microsoft scam snares Bay mum

Microsoft scammers were at it again this week catching out a young Hervey Bay mum.

A CRIMINAL cell is targeting vulnerable people living on the Fraser Coast, stealing cash, credit card details and personal information.
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Facebook confirms public offering

The flotation stands to make billionaires of Mark Zuckerberg, the 27-year-old who launched TheFacebook.com from his Harvard University room eight years ago, and a small cadre of friends and early backers.

WE'RE about to find out what our obsession with Facebook is worth.
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Twitter succumbs to foreign censors

The policy change means Twitter will be able to respond to the legal challenges of individual governments on a country-by-country basis.

SOCIAL networking site Twitter will restrict its content in certain countries in an effort to solidify its international growth.
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Bradd says its time to get Widget

Ray White Rockhampton’s Bradd Dillon can’t live without technology like iPads and smart phones in the real estate game.

GONE are the days of paper pushing for Bradd Dillon, and he couldn't be happier.
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Peak science prize nominations open

In the past, the Prizes have been awarded for Australian discoveries such as wireless LAN technology and the bionic ear.

NOMINATIONS open on Thursday for the Prime Minister's Prizes for Science.
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Dotcom case 'not open and shut'

GERMAN millionaire Kim Dotcom will be spending the forseeable future in prison, but a lawyer acting for his alleged co-offenders is seeking bail.
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Aerospace hub tender awarded

An artist's impression of the Aerospace and Defence Support Centre Amberley.

THE tender for the development of a $150 million aerospace and defence centre at Amberley has been awarded.
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Velocity the first with 4G

Leading Edge Telecoms director Phil Neidler trials the new HTC Velocity 4G mobile phone.

PHONE dealers are preparing for a rush of new customers after the launch of the HTC Velocity smart-phone on Tuesday.
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Takeover stalks ailing BlackBerry

BLACKBERRY maker Research In Motion looks like a prime takeover target after its co-chief executives abruptly quit because of poor sales.

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Business

Déjà vu for technology investors

OLDER investors could be forgiven for having a sense of de ja vu on hearing the news that Facebook is expected to float at $100billion, writes Julian Knight.

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