Talk about a milestone for the Internet. The UK has become the first major economy where advertisers spent more on internet advertising than on television advertising. According to a report by the Internet Advertising Bureau (IAB) and PricewaterhouseCoopers, advertisers spent a record £1.75bn on online advertising, a 4.6% year-to-year increase, in the first 6 months of 2009 In 1998, … [Read more...]
YouTube.com: 10 Billion Videos Watched In August; The Internet: 25 Billion Videos Watched
Here are some more stats that will just make you shake your head in disbelief. According to comScore, more than 10 Billion videos were watched in August on YouTube.com. Google's, YouTube.com, accounted for 40% of all online viewership in August. According to comScore, online video watching reached an all-time high in August with more than 25 Billion videos watched. The average online … [Read more...]
Apple.com: 2 BILLION Apps Downloaded & 85,000 Apps Online
Apple announced today that more than two billion apps have been downloaded from its App Store, including more than half a billion apps this quarter alone. Apple also announced that are more than 85,000 apps on its store and over 125,000 developers in Apple's iPhone Developer Program. The numbers are truly staggering and a demonstration of the unprecedented power of the Internet. Shares of … [Read more...]
Another $100 Million For Twitter
According to the Wall Street Journal, Twitter is about to get another $100 million from investors. The new money is coming from mutual fund giant T. Rowe Price, private equity firm Insight Venture Partners, and existing Twitter investors Spark Capital and Institutional Venture Partners. After the funding, Twitter will be valued at about $1 billion. The $100 million investment is twice as … [Read more...]
Mint.com’s Former Owner Makes Millions In Sale Of Mint To Intuit
Last week we told you about the sale of Mint.com, the financial site to Intuit for $170 million. Today according to TechCrunch.com, the former owner of the domain, Hite Capital got a "substantial" amount of stock in the Mint.com site's company when he sold the domain to ""That stock was worth a "couple of million dollars" after the sale."" according to TechCrunch source. It is not clear … [Read more...]
Google: Chrome Market Share To Double Every Year
Google rolled out a new version of its Chrome browser today, Chrome 3.0 One year ago Google Chrome was launched and now has a market share of 2.8%. However, Chrome Engineering Director Linus Upson has much bigger goals for the browser expecting that its market share will double for at least the next couple of years "If at the two-year birthday we're not at at least 5%, I will be … [Read more...]
Bing Rolls Out “Visual Search”: Replacing Text With Pictures, What Does This Mean For PPC?
Yesterday, Microsoft introduced a visual search feature in its Bing search engine, at the Tech Crunch 50, conference in San Francisco. Visual Search enable users to search by browsing through images rather than scrolling pages of text-based results. The search results will display sortable row of galleries of images pertaining to the subject being searched, Initially, the service will be … [Read more...]