Worldwide social media revenue is to reach $10.3bn in 2011, up 41% on last year, with ads and games as the key drivers for growth, according to a new report.

Worldwide social media revenue is to reach $10.3bn in 2011, up 41% on last year, with ads and games as the key drivers for growth, according to a new report.

By 2013, nearly a fifth (16.1%) of all US Facebook users will be mothers with children in the home, according to a new report.

Ofcom expects the first file-sharing notification letters to be sent in late Spring 2013, as the UK communications watchdog looks to crack-down on internet piracy.

Online daily-deals firm Groupon has lowered expectations for its initial public offering (IPO), saying in a regulatory filing Friday that it now aims to raise up to $621m.

Microsoft has announced record quarterly revenue of $17.37bn for its first fiscal quarter, with its Windows Phone, Xbox and cloud services earmarked for future growth.

Google account holders will now have all their searches encrypted by default for extra security, the company has announced.

Rapper and technology enthusiast MC Hammer has launched his own internet search engine, WireDoo, with the slogan, ‘search once and see what’s related.’

British shoppers are now spending one pound in every ten online, as consumers’ switch their budgets from shops to sites, according to new official retail figures.

Online marketplace eBay has increased its profits and sales year-on-year after continued growth in its Paypal business and mobile commerce channels.