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Record 9.5 Billion Video Ads Were Viewed in April 2012
181 million U.S. Internet users watched nearly 37 billion online content videos in April, comScore Video Metrix reported. Video ads saw another record-breaking month with nearly 9.5 billion views, representing 1 in 5 videos viewed online that month.
Doodle 4 Google 2012 Winner Travels to Pirate Times
It’s the coloring contest that blows all others out of the water. Second-grader Dylan Hoffman of Wisconsin scored a $30,000 college scholarship, a $50,000 technology grant for his school, and a Chromebook as the winner of Doodle 4 Google 2012.
Facebook Privacy Lawsuit Seeks $15 Billion
Hours before its IPO, Facebook was hit with a $15 billion lawsuit, alleging that the social network knowingly infringed on user privacy when it used browser cookies to track activity. The suit included more than 20 complainants.
Google Chrome Becomes World's Most Popular Web Browser
Google Chrome overtook Microsoft's Internet Explorer to become the world's most popular web browser for a full week for the first time in its history. Chrome enjoyed a week-long surge in use between May 14 and 20, according to StatCounter.
Yahoo to Sell Half of Alibaba Stake for $7.1 Billion
Yahoo holds a 40 percent stake in Alibaba, but will be able to reduce this by half. The deal also includes provision for a share buy-back plan for Yahoo and a potential IPO by Alibaba. Sale proceeds will be returned to Yahoo shareholders.