LinkedIn hits 259 million active members and revenue of $393 million

November 7, 2013 By Arshdeep Singh 1 Comment

published its earnings report for third quarter of the year. They accounted the revenue of 393 million US dollars. There are now 259 million active members which were 238 million previous quarter thus leaving Twitter behind which had 230 million active users this quarter. Thought they are still behind Google+ and which are at 300 million and 1.15 billion (June quarter reports) respectively.

Tip: How Twitter earns millions

Talent solutions accounted for $224.7 million out of $393 million while rest was made up by Marketing solutions and Premium Subscriptions which were $88.5 million and$79.8 million respectively. Earnings per share rose to 39 per cent which were at 31 last quarters. Earnings per share were $0.39 which was higher than Wall Street whose earnings per share were $0.32 from revenue of $384.5 million. If we take a look at share value of LinkedIn a year back then we will see that it was almost double in a year now accounting for $250 per share.

According to Jeff Weiner, CEO of LinkedIn result for this achievement is the increased member growth and engagement. He also said that, they will continue to deliver value to professionals through investment in core products and strategic initiatives such as mobile, students and the professional publishing platform.

According to the reports, social networks are responsible for extreme growth as every second two new members join the community. Now LinkedIn expects revenue of $415-420 million in next fourth Quarter.

The Evolution of Online Trading Technology: How it has Changed the Financial Markets

January 3, 2013 By Guest Author Leave a Comment

Financial trading has historically been conducted through telecommunication, electronic networks and third party brokers, as interested parties from across the globe have invested their money in a range of stocks and derivative products. While the international nature of the financial markets remains unchanged, however, the methods used to execute trades and manage portfolios have evolved beyond all recognition.

The current market is on the verge of an even greater and more controversial development, however, with automated and high frequency trading becoming increasingly popular among investors. Criticized as being vulnerable to manipulation and derided as the potential triggers for financial market instability, there are many who claim that the creation of automated trading techniques has taken technological advancement beyond its comfort zone.

The Online Trading Revolution: It’s Defining Moments

This controversy aside, however, the development of online trading technology has been largely positive for the financial markets. With this in mind, it is worth addressing its advancement and the key benefits that it has delivered to international traders and investors. Consider the following: –

The Integration of Online Server Technology: When the concept of online trading technology first entered the public domain, its key selling point was its capacity to provide users with instant access to the financial markets. This is thanks to the application of wider, online server technology, which allows multiple individuals to operate within a single space without minimizing their productivity. The integration of this technology removed one of the major barriers to entry for aspiring traders, as instant access to the financial markets was once exclusive to financial experts and large corporations.
The Development of Mobile Technology: While having the capacity to access the financial markets remotely has benefited traders immensely, it is the development of mobile applications that has truly revolutionized modern investment methods. Significant advancements in online trading for the Android and iPhone have enabled investors to operate effectively while on the move, regardless of their precise geographic location or circumstances. This has ensured that modern day traders can execute orders in real time, while striving to maximize the profitability of each transaction that they undertake.
The Delivery of Highly Evolved Analytical Tools and Indicators: In days gone by, the main issue facing independent and part time traders was a lack of access to financial and intellectual resources. Both problems have been partially resolved by online trading technology, as increasingly sophisticated platforms continue to eliminate barriers to entry and reduce the gap between individual traders and financial institutions. As a result, prominent examples of software such as the MetaTrader 5 are now available to all aspiring traders, and deliver a comprehensive range of technical indicators and advanced analytical tools.

While the supposed threat of high frequency trading is a keen talking point for financial institutions throughout the world, its suspect nature should not detract from the positive impact that online trading technology has had on the financial markets. From the application of online server technology to the development of advanced mobile trading platforms, investors in the 21st century have benefited hugely from innovation and the increasing accessibility of advanced market tools.

3 Useful Personal Finance Apps

June 1, 2012 By Guest Author Leave a Comment

If you do not know what an app is, then you have been living under a rock. An app is a smartphone application that can be used on your cell phone. There are thousands upon thousands of apps out there, for every need you have probably ever had. Apps range from games to driving direction providers to streaming videos and everything in between. There is literally an app for everything, and the same goes for personal finance. If you have trouble keeping or organizing a budget, there is an app for that. If you forget when you should pay your bills and how much you should pay, there is an app for that. If you have trouble calculating or keeping track of your taxes and tax records, well…there is an app for that! I think you get the idea, so here are 3 of the most useful personal finance apps on the market.

1. Keeping your money in “Mint” condition

Mint, an internet finance company, has created, by far, the most popular personal finance apps on the market. Currently, Mint has more than 7 million customers, thanks to their apps. The best thing is that the app is completely free to use. The app offers an all-inclusive examination of a person’s finances. You can track your spending categories in certain categories, and allows the user to design their own budget and see how well they are doing at following it. The app tracks all of your transactions via your checking and savings account, as well as any investments you may have.

2. Biting into PearBudget

PearBudget is another popular app on the market, although nowhere near as popular as the Mint app. PearBudget starts out as a free app, but then requires a $4.95 a month charge after a trial period. Essentially, PearBudget is identical to the Mint app, but with a few tweaks. For one thing, PearBudget tracks your transaction trends and expenses like Mint, but also exports that information to your personal computer so you have a hard copy that can be translated via Microsoft Excel. PearBudget also has an external website that can be accessed via a personal computer, and thus can expedite the sometimes lengthy- especially on a cell phone- sign-up process.

3. Keeping it simple with BudgetSimple

The BudgetSimple app is another completely free cell phone app. The stated goal of the company is to provide a simple spreadsheet budget application, which aims to help someone spend less than they bring in every month. Like the name of the app suggests, they are keeping it simple. The key to BudgetSimple is the plethora of graphs they give the user, which track all expenses in almost everyway you can think of. The app is like an automatically updated Excel spreadsheet. All you have to do is spend money and enter your desired budget and provide your bank information. The app does the rest of it for you.

About Author: Rob is working on masters in accounting online and does a lot with non-profits and his family on his weekends.

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