Breaking News

Panasonic Announces Limited Drop of LUMIX S9 Titanium Gold Edition Models in Europe be quiet! raises the bar with the new Dark Power 14 power supply series be quiet! elevates compact cooling with Pure Rock Slim 3 Toshiba First in Industry to Verify 12-Disk Stacking Technology for Hard Drives COLORFUL Technology Joins GITEX Global 2025

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Deloitte Report Says That Facebook Adds More Than $200 billion to Global Economy

Deloitte Report Says That Facebook Adds More Than $200 billion to Global Economy

Enterprise & IT Jan 20,2015 0

A report by Deloitte, commissioned by Facebook, estimates that the company, with an approximately $8 billion cost base, enabled global economic impact of $227 billion and 4.5 million jobs around the world in 2014. More specifically, Deloitte?s report looks at how Facebook stimulates economic impact by providing 1) tools for marketers; 2) a platform for app developers; and 3) demand for connectivity, meaning data usage and mobile devices.

Jolyon Barker, Deloitte's Global Managing Director, Technology, Media & Telecommunications, says of the report, "Our study finds that Facebook enables significant global economic activity by helping to unlock new opportunities through connecting people and businesses, lowering barriers to marketing, and stimulating innovation."

"Across the world there is a greater urgency about creating jobs," says Facebook?s Chief Operating Officer, Sheryl Sandberg. "The good news is that the tech industry is powering the economy and creating jobs within and beyond its own campuses. Every day, businesses of all sizes, sectors, and skill sets are using the Facebook platform to grow and expand."

Tags: facebook
Previous Post
Tencent Shuts Down WeChat Accounts: Xinhua
Next Post
Nintendo To Discontinue The Club Nintendo Rewards Program

Related Posts

  • EU Privacy Watchdog Accused of Delaying Probe Procedures Against Facebook

  • Zuckerberg Says Remote Work is Here to Stay

  • Facebook to Launch New Shopping Feature Across Apps

  • EU Tech Chief Demands More From Facebook Regarding Business Practices

  • Facebook Buys GIPHY as Part of Instagram Team

  • Facebook Works With Telecoms on 2Africa Subsea Cable for Future Internet Connectivity

  • Facebook Reports Increased Number of Removals of Hate speech, Terrorism

  • Facebook Users Accept $550 Million Privacy Deal Over Facebook's “Tag Suggestions”

Latest News

Panasonic Announces Limited Drop of LUMIX S9 Titanium Gold Edition Models in Europe
Cameras

Panasonic Announces Limited Drop of LUMIX S9 Titanium Gold Edition Models in Europe

be quiet! raises the bar with the new Dark Power 14 power supply series
PC components

be quiet! raises the bar with the new Dark Power 14 power supply series

be quiet! elevates compact cooling with Pure Rock Slim 3
Cooling Systems

be quiet! elevates compact cooling with Pure Rock Slim 3

Toshiba First in Industry to Verify 12-Disk Stacking Technology for Hard Drives
Enterprise & IT

Toshiba First in Industry to Verify 12-Disk Stacking Technology for Hard Drives

COLORFUL Technology Joins GITEX Global 2025
Enterprise & IT

COLORFUL Technology Joins GITEX Global 2025

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed