Shelly Palmer

Shelly Palmer Radio Report – June 14, 2011

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First up, has Facebook reached its critical mass in the United States and Canada? The social network is finally starting to see its numbers drop, losing 6 million U.S. users in May alone. While it’s only a 4% decrease, this is the first time Facebook has had lower growth numbers in back-to-back months. In other news, the European Commission has proposed new rules that would introduce harsh penalties for online crime. If passed, the laws would require jail time for spammers, service attacks and malware creators. While this is generally good news, remember that not all hacks are created equal. And finally, a recent report states that for the first time since 1995, Nokia will no longer be the largest phone manufacturer. Samsung is expected to be the largest hardware producer starting this quarter with Apple coming in at number 2. That’s a whole lot of iPhones.