Facebook: worlds most innovative company

By Emma Barnett, Technology and Digital Media Correspondent Published: 12:47PM GMT twenty-two February 2010

Comments 2 |

Facebook has been crowned the "world"s majority innovative company" by Fast Company magazine. Photo: AP

The list, gathered annually by Fast Company, a US repository that focuses on innovation, digital media and technology, pulls together the 50 majority innovative companies from around the world.

Last year Facebook did not even have it in to the tip 10, entrance 15th in the list. The repository awarded it the tip spot, over Google, that came fourth this year, descending at the back of from second on all sides last year, and over Apple, that came in third, since of the fast levels of expansion and growth. "Somewhere along the highway to apropos the height of preference for 400 million users in each nation on earth, the association grew up," pronounced Fast Company magazine.

Top 10 web brands in Britain suggested Facebook buys Friendfeed to delayed the allege of Twitter Five things the Google phone will need to see off the iPhone Google joins worlds tip 10 brands Wimbledon 2009: Andy Murray v Ernests Gulbis live

"Today, Facebook feels the approach Google, Intel, and Microsoft expected did at identical stages in their own hold up cycles - still flexible sufficient to invent the future, but amply fast to hoop a little genuine turbulence."

Amazon, that came second this year, additionally experienced an considerable progress relocating up from ninth slot. The repository said: "Amazon is essay the book on how to variegate with ingenuity. It generated an estimated $24 billion in income last year (up twenty-six per cent from 2008) not simply by books, that it continues to browbeat with the tip e-book reader [the Kindle] and iPhone reader apps, but additionally by the flourishing interpretation storage and computing service…Amazon is additionally expanding the music, video, and electronic check-out services, that are traditionally Apple and Google"s strengths."

Last years series one, record begin up Team Obama, the e-campaigning group at the back of the successful presidential race, did not even underline in the complete list, whilst Spotify, notwithstanding not carrying nonetheless launched in the US, came in 15th place. Microsoft usually usually done it in to the list, entrance in at 48, and forsaken fourteen places from the on all sides at 34 last year. This was in annoy of it being the year during that it launched the ultimate version of the handling complement Windows 7.

Twitter, that has enjoyed most certain press and hype, done the entrance on the list but usually done it to the 50th spot.

The full list can be review here.