Warren Buffett, in an open letter to shareholders of Berkshire Hathaway as part of the companies 2008 report, had plenty to say about the economy. Famed as one of the great investors of all time, his opinion is sought by governmental leaders, businessman and economists and why not. Shares of his company have averaged an annual growth of over 20% in each of its 44 years of operation, rising … [Read more...]
Another Exampe Of A Great Domain: Oscar.com Traffic Up 87% From Last Year
According to online research firm Omniture, Oscar.com saw its unique visitors and page views increase 87% and 91%, respectively, on Oscar Sunday compared to last year. Users spent a average of 14.5 minutes on the site per visit, up 42% from last year. Oscar.com had 18 million video views on Sunday and Monday, an increase of more than 500% compared to 2008 and up nearly 675% from 2007. Oscar.com … [Read more...]
ICANN is Hiring: Make Money On The New gTLD’s
The Internet Corporation for Assigned Names and Numbers (ICANN) announced in a press release that it is soliciting Expressions of Interest from firms interested in and capable of performing any number of independent evaluation roles as part of the new gTLD process. These entities, to be retained by ICANN, will provide independent evaluation services, evaluating applications for new top-level … [Read more...]
Yahoo: “Not Opposed” To Selling Our Search Business
There have been a few stories in the last days that seem to indicate that Microsoft is still interested in Yahoo or at least its search business. Today Chief Financial Officer, Blake Jorgensen of Yahoo said it was "not opposed" to doing a deal that would potentially sell its search business. However, he went on to say that the search business is deeply intertwined with Yahoo's other online … [Read more...]
IDS: Internet Ad Spending To Fall For 1st Time Since 2001
Market research group IDC said today that internet advertising could fall by as much as 5% in the 1st quarter of 2009, which would be the first contraction in online ad spending, since the dot com bubble burst in 2001. IDC analyst Karsten Weide also said the U.S. Internet ad market could get worse in the second quarter before the situation improves in the second half of the year. IDC … [Read more...]
Mobile Ad Market “Skyrocketing”
According to the Kelsey Group, mobile advertising revenues are expected to skyrocket to $3.1 billion in five years, especially local mobile activity. The group says, mobile advertising will have an annual compounded growth rate of over 80%. Currently, mobile advertising sits at $160 million in 2008. In looking at mobile local search alone, the group says its expected revenues will soar … [Read more...]
The New Phone Books Are Here!: Why Traditional Print Media Continues To Die
The new phone books are here, the new phone books are here, a phrase burnt into everyone's memory by Steve Martin in the movie The Jerk. That's what came to mind a week ago when I saw a stack of "the real yellow pages" sitting in the mail room of the condo i live in. Now as you look at the picture keep in mind that my condo is pretty small, by Florida standards, only 76 units. Right off … [Read more...]