In a very interesting article published by Fortune Magazine's Techland Blog, the Article notes that Google's annual growth rate has declined from 56.5% to 28.2%, and in the past three months Google Market Cap has decreased 85 Billion Dollars, as the stock has gone from over $700 a share to $450. The article cites the report from earlier this week, showing that there was no increase on Google … [Read more...]
Baidu Sued for Music CopyrightInfringement
As reported by the Associated Press, Baidu.com, has been sued by the Music Copyright Society of China a music industry group (the Group"), over alleged copyright violations. According to the Group, Baidu.com provided "music listening, broadcasting and downloading services in various forms on its Web site without approval, and through unfettered piracy, earning huge advertising revenue on its … [Read more...]
Google VP Sell Shares
According to reports, The vice president, secretary and general counsel of Google Inc., David C. Drummond, reported he sold 19,672 shares on this past Tuesday for between $455.51 to $457.41 a share. … [Read more...]
Skenzo Switches to Yahoo
In a e-mail sent to it customers, Skenzo said today, that they were switching their parked page PPC advertising program to Yahoo effective tommorow. Here is a copy of the e-mail: Dear Skenzo Customer We are excited to inform you that we have recently negotiated a direct deal with Yahoo for facilitating PPC ads on our parked pages. Over the last 4 months we have been working behind the … [Read more...]
Yahoo Reduced Some Bid Prices
Yahoo announced on some changes to it bidding system for keywords. ""We are changing the way we set the minimum bids required to participate in a Sponsored Search keyword market. In the next several weeks, we will start calculating a variable minimum bid for some of the keywords you’re bidding on. That means that sometimes the minimum bid may be lower than 10¢. Sometimes it may be higher. … [Read more...]
Google Report: User’s Clicking Less
Yesterday a report was released that said fewer Google users clicked on the site's advertising in January sent the stock reeling. Google shares went down more than 6% to $456.16, a 52-week low. Google's shares have lost 38% since November 2007. ComScore reported that Google; paid clicks fell 7% in January from the previous month and were relatively flat with the same period last … [Read more...]
Microsoft Lays Out it Plans for Yahoo
According to a report published by thestreet.com, Microsoft sent out an e-mail to its employees Friday, which they also made public, in which Kevin Johnson, president of Microsoft's platform and services business, laid out some of his thoughts on what Yahoo would look like after the merger. Once the deal is completed, Microsoft would keep Yahoo in Silicon Valley, but the current companies … [Read more...]