Three reports out today indicate that online shopping is up big so far this holiday season. comScore (NASDAQ : SCOR), reported that holiday sales season-to-date, are $9.7 billion 14% increase versus the corresponding days last year which was $8.4 Billion in sales during the same time frame. "The official comScore 2011 holiday season forecast is that online retail spending for the November – … [Read more...]
WSJ.com GroupOn.com To Go Public Tomorrow at $20 Per Share
According to the Wall Street Journal, Groupon.com is going public tomorrow on the Nasdaq and is expected to be priced at $20 a share. At $20 a share the company will carry a valuation of Groupon at nearly $13 billion. The company plans on trading under the symbol; GRPN Groupon is offering up to 34.5 million shares in its IPO, representing just 5.4% of the entire company's 637.3 million … [Read more...]
Google Promises Greater Transparency For Targeted Ads & To Give Users More Control Including Blocking Them
According to Google's Blog, Google is going to provide "greater transparency and choice regarding the ads you see on Google search and Gmail". Basically Google is talking about targeted ads that Users get based on Google's algorithm which tries to predict what ads you would like to see. "Soon, you’ll be able to learn more about these ads by clicking the "Why these ads" link next to ads on … [Read more...]
Google Publishes Requests From Governments To Remove Material & The US Wants Police Brutality Videos Off
Google has just published on its blog, a summary of the requests it received from Governments around the world to remove content from Google or one or more of its operated sites like YouTube.com The report is for the period from January 1, 2011-June 30, 2011. As for the US: "" We received a request from a local law enforcement agency to remove YouTube videos of police brutality, which … [Read more...]
WSJ: Google Looking To Buy Yahoo
According to a story just out in the Wall Street Journal, Google has met with at least private equity firms about potentially helping them finance a deal to buy Yahoo. Of course this would deal would get a good look over by the Feds. However, as Scott Cleland the author of the book "Dark Side of Google" stated at the TRAFFIC conference this past week, the Feds ultimately allowed Google's … [Read more...]
4 Biggest UK ISP Will Make You Opt In If You Want To View Porn Sites
According to the guardian.co.uk the four biggest internet service providers (ISP's) in the UK is going to require users to have to "opt in" if they want to view sexually explicit websites. The service providers involved are BT, Sky, TalkTalk and Virgin. Customers who do not opt in to adult content will be unable to access pornographic websites. This has nothing to do with .XXX. domain … [Read more...]
So What Happens If Alibaba Buys Yahoo?
According to several report the China Internet giant Alibaba Group is very interested in buying Yahoo. The Chairman and CEO of Alibaba Jack Ma, told reporters last week when he was speaking at at a forum at Stanford University in Silicon Valley that “We are very, very interested" in Yahoo. Alibaba dominates ecommerce in China with its C2C domestic Taobao auction site, B2B global Alibaba … [Read more...]