Researcher: Facebook...

But Google will soon catch up in the display category, eMarketer says.

HP Q1 Revenue Down 7 Pe...

HP just reported mixed first quarter earnings. The company posted non-GAAP diluted earnings per share of $0.92, down 32 percent from the prior-year period (GAAP diluted earnings per share were $0.73, down 38 percent from the prior-year period). First quarter net revenue came in at $30 billion, down 7 percent from the previous year. Analysts expected earnings of $0.87 cents a share on revenue of $30.7 billion. GAAP Net Income was down 44 percent to $1.5 billion. “In the first quarter, we delivered on our Q1 outlook and remained focused on the fundamentals to drive long-term sustainable returns,” Meg Whitman, HP president and chief executive officer, said in a statement. “We are taking the necessary steps to improve execution, increase effectiveness and capitalize on emerging opportunities to reassert HP’s technology leadership.” In the Americas, first quarter revenue was $13.2 billion, down 9 percent year over year. Europe, the Middle East and Africa revenue of $11.7 billion was down 4 percent year over year, and revenue in Asia Pacific was $5.2 billion, representing a 10 percent decrease year over year. Revenue from outside of the United States in the first quarter accounted for 66 percent of total HP revenue. BRIC countries (Brazil, Russia, India and China) generated revenue of $3.1 billion, down 13 percent from the year-ago period, and representing 10 percent of total HP revenue. Revenue in HP’s commercial businesses declined 4 percent year over year. Revenue in HP’s consumer businesses, within PSG and IPG, was collectively down 23 percent year over year. In terms of specific product lines, the Personal Systems Group (PSG) revenue declined 15 percent year over year, and services revenue of $8.6 billion grew 1 percent year over year with a 10.5 percent operating margin. Imaging and Printing Group revenue declined 7 percent year over year. Consumer hardware revenue was down 15 percent year over year.Enterprise Servers, Storage and Networking (ESSN) revenue declined 10 percent year over year. On the bright side, software revenue grew 30 percent year over year with a 17.1 percent. HP says software revenue was driven by 12 percent license growth, 22 percent support growth and 108 percent growth in services.

Ford and Chevy Get Band...

Auto brands lean on recording talent to spark social media buzz.

Pastebin Upgrades Servi...

Everyone’s favorite way to share thousands of pages of sensitive information (and dump PHP code that you might use later) has upgraded to what it’s calling version 3.1. This new version, in addition to some cosmetic changes, includes one major upgrade: private pastes . The system currently supports public and “unlisted” pastes – two types excellent for anonymous sharing – but the private pastes require users to create an account with the service. Private pastes are truly private while unlisted pastes simply don’t show up in search results or on Pastebin’s popular paste list. “These privates pastes are only visible for the users when he is logged into his account. Others are not able to view this item, even when they have a link to it. This is a new added layer of security that many users have been requesting for a while,” said Pastebin owner Jeroen Vader. Pastebin is also currently under a fairly major DDOS attack by an unnamed botnet . Apparently nearly 20,000 unique IPs are flooding the site with traffic and the company is literally banning all botnet traffic, a virtuous if quixotic effort. “The attack is still going on at this moment, and shows now sign of slowing down just yet,” said Vader. “Who is behind this, and what their motives are is unknown to us. It would be great if someone would speak up, but we do not expect that to happen.”

Forecast: Healthcare IT...

As the 2012 HIMSS conference steams ahead in Las Vegas this week, new data out from Compass Intelligence suggests the market for healthcare IT will reach $78B in 2012. Looking ahead, the market is expected to maintain a 5% CAGR over the next five years to reach $92B by 2016, according to the research.  These numbers include expenditures on telecom services/equipment, IT personnel, mobile applications, computer hardware, network hardware, and third party services and outsourcing among other things. Not surprisingly, the mHealth market is seen as one of the largest cost drivers, with growing acceptance and adoption of mobile health solutions driving the vendor community to launch a variety of innovative products and services designed around the goal of improving patient care across the board. “One primary area of investment by the medical community include mobile solutions centered around remote monitoring and patient tracking,” says Stephanie Atkinson, Managing Partner at Compass Intelligence.  ”Implementation of the various stages of Electronic Health Records will drive infrastructure and integration needs to support the access, storage, and transfer of data across CRM, HIS, ERP, clinical, and other healthcare enterprise systems.” The full report is available here .