Twitter yesterday filed to raise $1 billion in initial public offering (IPO) in the coming weeks. The social network filed an S-1 form with Securities and Exchange Commission, which showed that Twitter generated $316.9 million in revenue in 2012 but lost nearly $80 million in profit during the same period. Read more

Google yesterday announced the launch of Google Partners, a program dedicated to provide agencies and Web professionals with resources, support, and training. The program will enable agencies and digital marketing professionals to find all of their company’s resources within their accounts, including Google certifications as well as marketing and sales toolkits Read more

Scribd has become the Netflix for books. The social publishing service yesterday announced its partnership with a major publisher, HarperCollins, to carry a majority of HarperCollins US and HarperCollins Christian’s publications through its subscription service. This partnership will allow users to read unlimited books with an $8.99 monthly subscription fee. Read more

Apple announced it has sold a record-breaking nine million new iPhone 5s and iPhone 5c models in their first week. In addition,more than 200 million devices are already running the new iOS7 operating system. Read more

CMOs will invest more in IT than CIOs by 2017. The reasons are marketing is currently technology-based, Big Data is key in gaining competitive advantage, and digital marketing is the fuel of today’s business growth. Read more

Facebook today announced it will allow users to search for conversation topics within status updates, comments, and posts. With this update, Facebook users will be able to use Graph Search to find topics of interest using relevant keywords such as “posts about Larry Page” or simply “Larry Page.” Read more

Google on Thursday made a significant update to its search algorithm. The new algorithm, “Hummingbird,” will accommodate longer, advanced search queries instead of only generating search results for simple keyword queries. Read more

Facebook announced today it’s tweaking its algorithm for advertising in the news feed. With this change, marketers will be able to further show relevant ads to users who may actually want to see them. Read more

Facebook will allow users to edit their status updates in a few days. This feature will allow users to click on an option which says “Edit Post” to modify their status updates. This function will only be available on the Web and Android. Read more

Digital advertising is expected to account for nearly 25% of global ad spending in 2014. This forecast is mainly contributed by the astonishing growth of mobile advertising as brands are now using one of the world’s fastest growing digital devices to connect with consumers. Read more