After the euphoria and after the realization that Facebook, after all, is still a company, Facebook was held to the same standards as other companies and required to prove it could execute on its model.

FORBES: Is It Time To Revisit Facebook?

"They continued to execute on their short-term business model, " of controlling costs while making progress on the development of new drugs.

WSJ: Pfizer Q4 net jumps on sale of nutrition business

If you align your innovation strategy and culture to your business model, build the right capabilities and execute well, you can elevate innovation into a competitive advantage.

WSJ: The Experts: Patents and Innovation

He says that this model is appealing for CIOs who are often asked to execute initiatives of increasing complexity while keeping costs in check.

FORBES: An Opportunity For The CIO

"The microtransaction-based free-to-play business model is a new endeavour for Blizzard, and hopefully they'll execute it well, " she added.

BBC: Blizzard reveals Warcraft-themed card game

During the quarter Verizon continued to execute its global cloud strategy, rolling out an expanded portfolio of secure IT solutions and an operational model for its Terremark subsidiary.

ENGADGET: Verizon, AT&T celebrate subscriber growth, new features rolled out in Q2