Category: Internet Business News


Due to the much hyped Megaupload incident, andlater followed by self-closure of public file sharing by most popular file-host: Filesonic & Fileserve, the file sharing business got at-least temporarily got hurt.
You should be aware that, their are thousands (if not millions) of small & big Public Filesharing websites, which do host Movies, Music, Games, eBooks & Softwares, plus many other things too. However, due to recent events Filesonic closed itsRevenue sharing model, followed by Fileserve and few others to name.
For those who are not aware, Revenue sharing model by the above file-hosts helped many small time uploaders to Upload their content (i.e. Movies, Music or anything), and as a result they were paid by File-Hosting companies via their revenue sharing model (which unfortunately has closed now). Due to that, many uploaders who were earning good revenue, had their major revenue source cut off!.

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Google made whopping revenue (Net Profit) of USD 8.14 Billion in its 1st quarter of year 2012. The company reported its Profit earnings and has declared that Google as company now has $49.3 Billion in cash in their bank accounts that reside within U.S. Googles revenue rose 24% when compared to the revenues of Q4 2011. Seems google is growing better than it is expected.
Obviously google does not counts or shows up their oversees revenue for Tax savings.

P.S. They are tipped to make around a staggering $40Billion this calendar year.