Cisco Systems announced today in a CEO John Chambers press release that they will be shutting down their consumer products division and laying off workers. The most popular product in the division is the Flip Video Camera. Current owners of the video recorders will be supported for the time-being along with the software that provides quick uploading of video to the Internet, FlipShare. The company admits in the release that it has disappointed shareholders by experimenting in the home electronics area.

Facebook stores have really picked up over the last year and this is because more and more people are using the service and are prepared to part with their money on it. The big bonus of having your favorite brand on Facebook is that you can buy from them whilst talking to your friends and don’t even have to leave the social platform!

With this in mind here are some of the best and most popular Facebook stores currently on the web.

It’s not all fun and games in social media today. The original social media platform, MySpace, is hemorrhaging up to 10,000,000 visitors per month at the moment and News Corp, who bought the site 5 years ago for $580,000,000 are currently looking for a buyer.

The site, which in many ways taught its supersedents how not to do social media dropped web traffic from 73,000,000 to 63,000,000 between January and February this year. In a report released by comScore it was found that the social entertainment site cum social media platform cum social entertainment site again was experiencing about half the traffic it was a year ago.

It’s over. The war between Apple and Adobe has finally ended and the winner is: us! The consumer.

If you bought an iPhone or iPad you quickly realized you didn’t have any way to watch a number of Adobe Flash enabled videos, the most commonly used video and animation tool on the Internet today.

The cellphone has grown to be an indispensible part of our everyday life. It is hard to imagine going to the office without your trusted mobile phone inside your pocket. Cellphones are great for keeping the lines of communication between you and your business clients but its application has outgrown its humble beginnings as mere tool for communication to an invaluable partner in business transactions.

With the prevalence of internet searching and online mapping for businesses, the future of yellow book seems weak. On the other hand, there are steps that the publishers can take to maintain clients and generate revenue from the printed address books.

The obvious option is for the yellow pages publishers to develop online versions, if not fully go digital. Most have already gone down this path, with excellent mobile applications for searching for local addresses and contacts. The only disadvantage of this option is that the income generated from the online pages is considerably less than what could be earned from traditional printed versions.

Who does not, at some point or other in life, get nostalgic about their childhood friendships – that neighborhood kid they played together with in the garden, the kids from school who were regulars for play dates or even the friends they hung around with in college? Looking for these friends and reconnecting would have been impossible if not for social networking websites, like Orkut or Facebook, which is without doubt the most popular social networking websites today.

Customer Relationship Management is a way to manage a company’s interactions with its customers, consumers and clients. The objective of CRM is to bring together all possible customer information from a range of sources, giving an accurate, real time account of any given customer. CRM allows a company to make more informed decisions on their business, whilst also increasing levels of customer satisfaction and loyalty. CRM enables businesses to customize marketing messages to larger target audiences on the basis of the customer's expected response and the customer's value to the firm. By following the CRM model, firms can reduce overall marketing costs, increase customer response rates, and, probably most importantly, increase overall customer and firm profitability.