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Archive for April, 2010

HP to Acquire Palm

Posted on Wednesday, April 28th, 2010

Palm Logo

Ending weeks of speculation about its future, Palm has been acquired by Hewlett-Packard for $1.2 billion.

As such, it appears that Palm’s mobile operating system — webOS — has lived to fight another day, with Palm CEO Jon Rubinstein saying in a statement that “HP’s longstanding culture of innovation, scale and global operating resources make it the perfect partner to rapidly accelerate the growth of webOS.”

The survival of webOS and its parent company had come under question in recent weeks, with some analysts suggesting that shares of Palm were essentially worthless. Things only got worse when RadioShack decided to stop selling Palm’s two flagship devices: Pre and Pixi.

Ok so what does this have to do with Dating? There are a few dating sites like match.com that have developed applications for the Palm app store and while I would have assumed this was a total waste maybe there will be some saving grace in the time and money that was spent on development?

Will HP kill the brand off and incorporate their existing technology into their own devices or will Palm go on? Let us know your thoughts?

See the entire articles @ Mashable.com

$36 Million in Adult Services Revenue

Posted on Tuesday, April 27th, 2010

It’s articles like this that make us all wonder if we should have just started an adult dating site. At the end of the day most of us don’t because well, we have this concern about this thing called Karma! Anyways, for your reading pleasure it appears as though Craigslist is making great money, try 80% of their revenue is profit and a good chunk of it comes from “Adult Services”!!!!!

More than half of that revenue comes from recruitment advertising, but 30% of it comes from Craigslist’s adult services ads. By the AIM Group’s estimation, Craigslist’s adult services — formerly known as “erotic services” — will funnel in more than $36 million in revenue for 2010.

The Classified Intelligence Report also finds that Craigslist stands to take home anywhere from $88 to $99 million in profit, which means the company could see nearly 80% of revenue as profits. Plus, AIM Group founder Peter M. Zollman purports that, “Per employee, it generates more than $4 million in revenue and profits of $2.9 million to $3.2 million.”

To read the entire articles please visit Mashable.com