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Pompano Beach, FL -- (SBWIRE) -- 12/18/2012 -- Social networking giants Facebook Inc. (NASDAQ:FB) AND Twitter newest advertising products have provided US mobile advertising a spark, carrying revenues for the sector to above $4 billion in 2012, a research company reported on Monday.
The eMarketer report revealed that US mobile ad spending is picking up pace more rapidly than formerly predicted, assisted by Facebook’s mobile newsfeed ads and Twitter’s Promoted Products.
How these Social Networking Giants will Leave Impact on Mobile Ads Growth? Get its Complete Coverage Here
With the latest offerings, eMarketer anticipates total spending on mobile advertising in the US, consisting of display, search and messaging-based ads provided on mobile phones and tablets, to increase 180% in 2012 to above $4 billion which in contrasts with an estimation of only $2.61 billion in September.
Now eMarketer anticipates US mobile ad spending to hit $7.19 billion in 2013 and almost $21 billion by 2016, a huge upward adjustment.
Semiconductor tycoon Intel (NASDAQ:INTC) reported that it observes “renewed vigour” forms and designs of computing devices like tablet PCs and hybrids in coming year as input methods like voice and touch gain traction.
Will this Move Powers up Intel’s Hold in Tablet Segment? Watch Out in this Report
Intel (INTC), which has a major hold in the global computer chip market, would release its 4G of Intel Core processor lineup in next year. This, it asserts, would bring quicker, slimmer, lighter, cooler and more secure systems with integrated graphics.
Intel Corp (NASDAQ:INTC) shares were boosted by this cheerful news and jumped up +1.02% during the Tuesday trading session.
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