Apple passed Microsoft in terms of market cap for the 1st time yesterday. As of the end of the day on Wednesday, Apple has passed Microsoft in terms of market capitalization, with a value of roughly $222 billion--about $3 billion ahead of Microsoft. Apple's share price closed at $244.11, down $1.11 (0.45%) for the day. Microsoft, closed at $25.01, down $1.06 (4.07%). Based on those … [Read more...]
Buy.com Sold For $250 Million
According to TechCrunch.com, Buy.com was purchase for $250 million dollars by a Japanese e-commerce company, Rakuten. The deal is all cash Rakuten in Japan counts 64 million members, while Buy.com claims 14 million customers. Seems like a pretty cheap price for one of the most recognizable brands on the net and 14 million customers. … [Read more...]
Will The First Site To Make It Big Off the iPad Be An Adult Site?: PinkVisualPad.com
Despite Apple's well known disdain against porn, the first site that might ride the iPad's waive to fame and fortune maybe a porn site. On the day that the iPad hit the stores, PinkVisualPad.com, launched. PinkVisualPad.com, is according to the company, the first iPad optimized adult site on the Web. The President of Pink Visual, Allison Vivas, said she registered the domain name the … [Read more...]
For The First Time More American’s Would Give Up Their TV’s Than The Internet
According to a survey by Arbitron Inc. and Edison Media Research, for the first time ever, more Americans said they would sooner drop their TV connection than there Internet connection if they had to chose In the survey "The Infinite Dial 2010: Digital Platforms and the Future of Radio" 49% said they would drop television, and 48% percent said they'd give up their Internet connection in a … [Read more...]
Report: Apple To Reveal Next “Big Thing”: iAd (No It Doesn’t Own The Domain)
According to Online Media Daily, Apple is preparing to announce its "next big thing", a new personalized, mobile advertising system that could well be called the "iAd" The new ad platform, which will be officially unveiled to Madison Avenue on April 7th, has been described as "revolutionary" and "our next big thing" by Apple chief Steve Jobs. It is believed the mobile ad platform has … [Read more...]
EU Rules: Google Is OK Allowing Advertisers To Purchase Ads Under Competitors Trademarked Keywords
Today the European Court of Justice, the highest court in the EU, issued its long awaited ruling in a case brought by Louis Vuitton, giving Google a huge victory, saying that" ""Google has does not infringe on trademarks by allowing advertisers to purchase keywords corresponding to their competitors' trademarks," Louis Vuitton and two other firms brought suit alleging that it infringed … [Read more...]
Former Oversee Employees and Executive Starts SecondPorch.com & Get $1M In Funding
Several former Oversee employees, including its Co-founder are involved in a startup which announced they secured $1,000,000 in funding this week. The site SecondPorch.com, offers vacation homeowners an easier way to generate and manage high-value rental inquiries. Investors include the former CO-founder of Oversee.net, Fred Hsu and the Oregon Angel Fund. Another former Snapnames … [Read more...]