What's the Latest Development?

Internet industry research service Business Insider Intelligence peeks into 2012 and, among other things, predicts Google will release a $200 tablet; Facebook will hit 1 billion users; Twitter will build a huge business; Amazon will post serious losses but enjoy outstanding revenue growth; vertical, entertaimnent-focused Ecommerce companies will get huge; and mobile advertising will finally take off. 

What's the Big Idea?

After years in 'harvesting' mode Amazon is back in 'investing' mode, writes Pascal-Emmanuel Gobry. "Jeff Bezos realizes he is looking at some massive opportunities: building a complete digital media distribution ecosystem; building the biggest cloud platform of the 21st century; and, last but not least, eating retail." 

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