The Street Beat

Figures released by BIA/Kelsey this morning shows that social media advertising revenues are expected to rise from $3.8 billion in 2011 to $9.8 billion in 2016, for a 21% compound annual growth rate.

Facebook's (FB) IPO should finally price this week (the target date is Friday). The offering is already more eagerly awaited than any in history, and most investors feel compelled to take a look at it.

Shares of Demand Media Inc. (NYSE: DMD) surged before the market opening Wednesday after the Internet content company brightened its outlook for the year, calming some long-running concerns about its reliance on Google (NYSE: GOOG).

Google (Nasdaq: GOOG) is, once again, making a push into your living room.

eBay Inc. (Nasdaq:EBAY) reported first quarter earnings of 48 cents including share based compensation, which exceeded the Zacks Consensus by 5 cents. Earnings excluding SBC came in at 56 cents, better than estimates.

Citigroup (C) reported lower first-quarter profit on Monday as the bank worked to contain expenses in the face of volatile capital markets and the need to finish overhauling its business portfolio after the financial crisis.

Jury selection in a high-stakes dispute over smartphone technology between Oracle Corp (Nasdaq: ORCL) and Google Inc (Nasdaq: GOOG) is set to begin here on Monday morning, kicking off a trial in which both companies' chief executives are set to take the stand.

Google (GOOG), the Internet search giant, posted strong quarterly earnings and announced a two-for-one stock split. Google reported first-quarter earnings of $10.08 a share on revenue of $8.14 billion, excluding traffic acquisition costs. Total revenue came in at $10.65 billion. Revenue in the U.S. rose 22% year over year to $4.9 billion, while revenue outside the U.S. jumped 26% to $5.8 billion.