Bollywood Showtime August 2014 | Page 70

Tech Top Tech companies in the world by Revenue 1. Samsung Electronics Industry: Electronics Revenue: $212.68 billion 2. Apple Inc Industry: Electronics Revenue: $170.91 billion 3.FOXCONN Industry: Electronics Revenue: $132.07 billion 4. HP Industry: Hardware Revenue: $112.3 billion 5. IBM Industry: Computer services Revenue: $99.75 billion 6. HITACHI Industry: Electronics Revenue: $87.51 billion 7. Microsoft Industry: Software Revenue: $86.83 billion 8. Amazon.com Industry: Internet Revenue: $74.45 billion 9. Sony Industry: Electronics Revenue: $72.34 billion 10. Panasonic Industry: Electronics Revenue: $70.83 billion 70 Bollywood Showtime Your spending more time on Facebook then your pets Facebook’s (FB) business used to be interesting, back when there were questions about the health of its mobile ad business, investors were seriously concerned about Chief Executive Mark Zuckerberg’s wardrobe, and the company looked as though it might prove that social media wasn’t just a great business after all. Lately, though, Facebook has sucked all the tension away from its quarterly fiscal check-ins. On Wednesday the company reported earnings that exceeded expectations in terms of revenue ($2.91 billion) and the size of its user base (1.32 billion monthly active users). Perhaps the most striking figure, though, was that Facebook says the average American now spends 40 minutes a day checking a Facebook feed. That’