Twitter Will Join The ‘Billion Dollar Plus Sales’ Club Soon After 2014

We have a new company joining the billion dollar revenue club: Twitter. We spotted this stat today, that the company, which made just over $288 million in 2012 ad revenue, is expected to more than double its revenue to $582.8 million this year. And in 2014, it is expected to bring in a total revenue of some 950 million dollars (Source)

How do we digest this stat? Let us try this: 950 million dollars a year, from status messages basically.

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Percentage Of Irish Catholics In Weekly Mass: 90% In 1984, 18% In 2011

We spotted this stat today, via MarginalRevolution, that made us think “There has to be a good explanation for that” –

“According to Archbishop Diarmuid Martin of Dublin, in 1984, nearly 90 percent of Irish Catholics went to weekly Mass. In 2011, only 18 percent did.” Source

This statistic might have important implications to the Irish people in the medium-term. Such a significant drop in percentage – from 90% to 18% just in 27 years – is huge, and the 18% number looks ‘decisive’ at first glance. Maybe there is a much deeper change happening here – that kind of drop in any statistic will raise eyebrows for sure. It is to be noted that in 1946, Pope Paul VI called Ireland “the most Catholic country”

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The Future Of Journalism: 10 Dollars, 500 Words, 1 Second.

Automated Journalism is one of those ‘heavy impact’ ideas that has got surprisingly low press in general. We spotted this company called Narrative Science, that ‘writes’ articles for Forbes – basically some algorithms translate data into articles. And here is the difference: most of the times, unless prompted, you wouldn’t notice the fact that you are essentially reading an output from a program. Why is that so? Because they have picked up a niche where you really do not need humans – describing statistics (e.g. sports, company’s finances etc).

Automating any effort is generally positioned as an ‘efficiency increasing’ move, and is a good thing overall. So why are we worried about this flavor of automated journalism?

The economics of what is being replaced – that is the primary concern. Remember, this is an industry that is already under some very serious threat – some forces so strong, that the very existence of some entities in the industry is under threat. Look at these numbers:

“As reported in the New York Times last September, one of Narrative Science’s clients in the construction industry pays less than $10 per 500-word article—and there is no one to fret about the terrible working conditions. And that article takes only a second to compose.” Source

You don’t need to sit through a marketing pitch from Narrative Science – the numbers speak for themselves. And that 10 dollar number – that will keep moving down as well.

But this is here now, and the industry needs to face it: 10 Dollars, 500 Words, 1 Second. Can humans compete with that?

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$2 Billion: What Facebook Paid Game Developers In 2012

That number is a 30 percent increase over 2011 – we spotted this stat today, that Facebook paid out a total of some 2 billion dollars in 2012. Facebook also announced that there are 250 million gamers on Facebook now (Source)

Here is another stat to help us digest the scale: more than 100 developers generated more than $1 million from Facebook in 2012. And Facebook is big on mobile as well: 263 million clicks to Apple’s App Store and Google Play came from Facebook mobile.

But the big number there is the total amount paid to developers. A $2 billion revenue stream for game developers (that was virtually non-existent five years back), is huge.

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Foreign Investments In U.S. Exceed U.S. Investments Abroad By $4.4 Trillion

When the big banks were bailed out, one of the main themes of the opposing argument was that these banks took all that money and invested it elsewhere in the world. So we were pleasantly surprised when we spotted this number, that actually, the difference between foreign investments in the US and US investments abroad has been going up – reaching a total of 4.4 trillion USDs by the end of 2012. To be clear, this is the difference between the amount of money that foreigners have invested in the US and what US has invested in foreign countries. (Source)

For some twisted reasons, the financial crisis seems to have increased the amount of money flowing into the US searching for good returns. It is obviously not as simple as that, but you get the picture.

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‘Nasty Gal’ – The Fastest Growing Online Retailer In The U.S.

We’ll admit, these numbers made us stop for a bit and check them again. We spotted this stat today, that what was essentially started as an ebay page, as a side project in 2006, profitably sold 100 Million USD of clothing and accessories. 100 Million. (Source)

Some other Neat stats on Nasty Gal:

1. Nasty Gal now attracts more than six million visits a month
2. Nasty Gal has no marketing team
3. A quarter of Nasty Gal’s 550,000 customers visit the site daily for six minutes
4. The top 10 percent return more than 100 times a month

Source

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Which Country Is Ranked As ‘The Friendliest Country to Tourists’?

After all that trouble, here is something Iceland can be truly proud of. (To be fair though, Iceland has made an amazing comeback since the 2008 crisis) A new report on global tourism from the World Economic Forum (WEF) places Iceland right at the top of the World’s friendliest countries to tourists – the top three slots are occupied by Iceland, New Zealand and Morocco (Source)

Before you ask – here are the three countries that are least friendly to tourists – Bolivia, Venezuela and Russia. Remember, the report examines 140 countries based on attractiveness and competitiveness in the travel and tourism industry.

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$83,884: One-Year Masters of Science At Columbia Journalism School

Tuition and Living expenses for the one year course at Columbia Journalism School is estimated to cost a whopping 83,884 dollars. We have written about the costs of education before – we had some charts showing how the education expenses of the average American has been going up, up and up – but this number from the Columbia Journalism School is just huge. (Source)

Yes, statistics prove that education equals employment– but numbers like the one above juut give you a feeling that things are getting a little out of hand. Literally. Remember the student loan timebomb?

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Nearly A Third Of Employers’ Costs Per Worker Goes To Benefits

We spotted an interesting statistic today – we have always heard this from people looking for jobs: “the pay is good – and benefits?” – remember this – 31 percent of employer’s costs per worker goes towards benefits. It varies across industries, but that number – one-third – is a good representative number. (Source)

Health insurance is the big one, eating up some 8.5 percent of all the benefits. (Here are the actual numbers – the average employer costs for each worker per hour was $30.84. Of that total, $21.35 or 69% was for wages and salaries, the remainder went to benefits)

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Which Country’s Twitter Base Is Ballooning By 3,000 Percent Each Year?

Well once in a while we spot some stat that makes us stop and say “Really?” – today we spotted one such stat – based on analysis by bit.ly – that Twitter is becoming a phenomenon in Saudi Arabia. The country’s Twitter base is ballooning by 3,000 percent each year. (Source)

We put it right up there with the stat on the most tweeting city in the world.

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