Monday, August 1, 2011

PayPal: 12M monthly users are paying for Facebook games

More than 12 million unique users pay for games each month on Facebook, according to data released for the first time today by digital payments vendor PayPal. That’s about 1.6 percent of the 750 million users on Facebook, but it’s enough to create a big social game industry with giants such as Zynga, which generates hundreds of millions of dollars in revenue per quarter.

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Will the 2026 World Cup Create Any Long-Term Economic Benefit for Host Nations?

World Cup long-term economic effects will be negligible, economists at Goldman Sachs say. That might seem unlikely, given the 2026 FIFA Wor...