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Unexpectedly, Facebook Likely to More than Double Ad Revenue This Year, To About $2 Billion. It’s On the Same Revenue Pace as Google. Interesting, Since Google Had a Clear Ad Strategy, While Many Were Not Sure of Facebook’s Utility For Ads When It Started

Facebook will more than double its revenue this year, reaching $2 billion in ad sales, a number higher than projected earlier, reports Bloomberg News. Facebook’s sales last year were between $700 million to $800 million, and its earlier projected revenue for…

Quite a Year for Facebook Founder Mark Zuckerberg. First, He’s Vilified in Acclaimed Movie That Could Win The Oscar For Best Picture. And Now He’s Been Named Time Magazine Person of the Year

Time Magazine, in naming Facebook founder its 2010 Person of the Year said it picked him "For connecting more than half a billion people and mapping the social relations among them; for creating a new system of exchanging information; and…

To Settle Consumer Complaints About Advertising, DirecTV Agrees to Pay $14.25 Million

In a settlement agreement with the 50 States Attorney Generals over its advertising policies, DirecTV has agreed to pay $14.25 million for court costs and an as-yet undetermined amount for consumer restitution, reports B&C. The complaints stem from January 2007…

New ‘Biggest Loser’ Includes an Olympic Gold Medalist Who Ate Until He Weighed 474 Pounds

The 11th season of "The Biggest Loser" will feature its most famous competitor yet:, an Olympic gold medalist who packed on the weight and ended up with 474 pounds on his 6’1" frame, reports the Los Angeles Times’ ShowTracker blog….

You Suspected This Was True, Didn’t You? Study Says We Spend As Much Time Online as We Spend Watching TV [We Can All Thank Our Smartphones For This]

Look like that nagging suspicion most of us have about how consumers spend their time turns out to be true. Americans are spending as many hours online as they are watching television, Media Daily News reports, citing a Forrester study. The average…

Comcast Testing Set-Top Box that Delivers Both TV and Internet

"Comcast is trying out a new service that would provide both TV and Web content through a single set-top box,CNET reports. [CNET is expounding on a story first reported by the Wall St. Journal. We are linking to the CNET story…

Which Channels Are Considered ‘Must-Have’ Before Viewers Would Be Willing to Cut Off Cable? Only One Cable News Net Makes the List, While Broadcast Nets Lead the Way; Survey Reveals a Number of Surprises

In a survey by Needham & Company asking which television networks viewers ”must have available online for you to turn off your TV subscription,” only one cable news network cracked the top 20, reports TVNewser.com. CNN was tied for 12th…

Howard Stern Renews at Sirius XM; Key to Deal Is That He Moves From Satellite Only to Smartphone App

Howard Stern announced on air today, Thursday, Dec. 9, 2010, that he’s renewed with Sirius XM for another five years. Though terms of the deal were not revealed, Stern’s first five years at the satellite radio outlet made him $500…

How Are Your Interactive Chops? CBS May Want YOU

There’s an opening at CBS for an interactive guru, and the job’s a biggie. CBS Interactive President Neal Ashe is leaving the company, and CBS has begun a search for a replacement, reports Michael Learmonth at Advertising Age. Ashe is…

Electronic Goodies High on the List of Presents People Want This Holiday Season–And Men and Women Have Different Desires; Guess Which Gadget Tops the List

According to a survey by CNET, the holiday gifts that people desire this year are heavily oriented toward consumer electronics, with differing choices for men and women, B&C reports. The top item overall is the Apple iPad, according to the…