Revenue increases 14.8 per cent for year ending 30 September 2011

Social networking online provider Facebook doubled its revenues in the first half of 2011 to $US1.6 billion ($A1.5 billion), the Wall Street Journal reported on Thursday.

Optus, and its Singaporian parent, SingTel, have reported a strong first quarter with three per cent revenue growth on the same quarter in FY2010/11.

A survey conducted by business software vendor, Sage, has found local retailers are divided over the state of business performance in 2011 with four in 10 claiming their business is fairing better than last year and three in 10 stating that their business is performing worse.

The Asia-Pacific (excluding Japan) region will be one of the strongest growth opportunities for enterprise software vendors, according to Gartner.

Manaccom’s (ASX:MNL) distribution and software publishing division has reported revenue of $9 million for its 2010 financial year.

Microsoft will announce its fiscal 2010 earnings Thursday afternoon, and the pressure is on Redmond to deliver big numbers now that PCs sales have jumped this year, Windows 7 is the "fastest selling OS ever" and Office 2010 is generally available.

EMC CEO Joe Tucci was awarded a compensation package valued at $9 million in 2009, according to documents filed this week with the U.S. Securities and Exchange Commission.