WebProNews

Category: Business

Enterprise and Small Business News

  • eBay Sees 16% Revenue Increase for the Fourth Quarter

    eBay has reported its financial results for the fourth quarter, and with revenue for the quarter at $2.4 billion, up 16% from the same period in 2008. That includes revenue of $112.0 million from Skype for the period that eBay fully owned it. Excluding Skype from the fourth quarter of 2008 and the fourth quarter of 2009, revenue growth would have been 19%.

    eBay says the year-over-year increase was due primarily to excellent growth in PayPal and StubHub, as well as improvement in growth rates in the core eBay business and a positive impact from foreign currency movements.

    The company recorded net income on a GAAP basis of $1.4 billion or $1.02 per diluted share, and non-GAAP net income of $585.8 million or $0.44 per diluted share for the fourth quarter of 2009.

    eBay Financial Highlights

    "We delivered a strong fourth quarter with double-digit revenue growth driven by exceptional performance at PayPal and turnaround progress and momentum in our core eBay business," said eBay President and CEO John Donahoe. "PayPal significantly expanded its presence globally and, for the first time, processed more than $20 billion in total payment volume in a quarter. Gross merchandise volume and sold items accelerated for the third consecutive quarter. We are starting 2010 with significant progress against our three-year growth strategies for PayPal and eBay and a clear focus on our priorities going forward."

    eBay generated $770.6 million of operating cash flow and $597.7 million of free cash flow during the fourth quarter. If you really want to nitpick and get into all of the details, you can do so here. A balance sheet and various statements are provided.

    Related Articles:

    > eBay Declares Mobile Success For Holiday Season

    > eBay Fined $2.6 Million Over LVMH Sales

    > eBay Previews Possible Geotargeting Feature For Sellers

  • Facebook Letting App Users Get Notifications Through Email

    Today Facebook announced that it is giving users the option to receive updates from Facebook applications in their email. This would work similar to how email notifications do, but don’t worry, you have to opt in for developers to be able to email you. According to Facebook, they will not be able to access your email address without your consent.

    "You can now use the rules and routing mechanisms of your email inbox to control how you communicate with applications," says Faecbook’s Arun Vijayvergiya. "This email option is one of a number of upcoming changes we announced in October to give you a faster and more connected experience when interacting with external applications on Facebook. You will soon start to see dialog boxes on application pages from external developers asking you if you would like to receive communication about their applications through your primary email address."

    Facebook app notification

    If you do sign up to receive emails from any application, you can also unsubscribe, as each email will have an "unsubscribe" link. However, if you unsubscribe, and the application doesn’t comply with your request Facebook suggests you report it to the FTC. That said, they do offer the option to report applications for violating guidelines on the application pages themselves. It is unclear if this will be effective for general email spamming.

    "Some applications may require an email address in order to use their service, in the same way that websites might when you sign up for them," says Vijayvergiya. "In all cases, you will have the option to click the ‘change’ link in the dialog box and share an anonymous version of your email address, called a proxied email address. You can always choose to stop using an application or use a different application instead if you don’t want to receive emails from a particular application."

    Facebook says developers will be held to the "highest" guidelines to help prevent spam, misleading info, and malicious intent, but the company still encourages the use of caution when communicating with apps.

    As for future updates, Facebook will also soon start showing the option to receive notifications in new places. There will be a feature called "Counters" that will appear next to bookmarked apps on the user’s home page. There will also be new apps and games dashboards where users will be able to get app updates. Users will also soon no longer receive updates from apps in the notifications channel on Facebook.

    Related Articles:

    Respond to Facebook Comments From Your Email

    Pingdom Names Facebook "Most Engaging Social Network"

    Content Can Now Go Viral More Easily with Facebook

  • Opera Scoops Up Mobile Advertising Firm AdMarvel

    Opera announced today that it has acquired mobile advertising firm AdMarvel. Opera says the acquisition will enable it to expand its portfolio of products and services to include "highly scalable ad monetization services" for Opera branded mobile products and services.

    "In our fast-growing industry, mobile advertising represents an interesting long-term revenue opportunity. Every month, nearly 50 million people access the Web using Opera on their mobile phones and together with AdMarvel, we think we can play an important role in the evolution of mobile advertising," says Opera CEO Lars Boilesen.

    AdMarvel is based in San Mateo, California. It was founded in 2006, and works with a lot of different advertising firms around the world. It’s official description says:

    AdMarvel makes mobile advertising work by enabling mobile publishers and operators to easily source, provision, manage and track advertising from virtually any ad network or direct sourced advertising inventory. As the leading trusted third party in mobile advertising, AdMarvel works with mobile publishers, developers, carriers, ad networks, agencies and advertisers to optimize advertising inventory and revenue. AdMarvel services work across mobile web, WAP, SMS and in-application modalities.

    AdMarvel

    "We are very excited about joining forces with Opera," says AdMarvel CEO Mahi de Silva. "What started as a commercial relationship has blossomed into a wonderful partnership to serve the global mobile marketplace. Combining our monetization and analytics platform with the Opera browser and widget platform will create a new intelligent platform, where local and global advertisers can interact with a highly instrumented mobile audience."

    Mobile advertising firms are being bought up like hotcakes. Other recent deals include Google acquiring AdMob and Apple acquiring Quattro. The Opera AdMarvel deal is reportedly for $8 million in cash plus a $15 million earnout.
     

    Related Articles:

    > Apple Acquiring AdMob Competitor Quattro Wireless

    > Google Provides an Update on the AdMob Acquisition

    > Google Buys Mobile Ad Firm For $750 Million In Stock

  • Twitter COO Effectively Rules Out 2010 IPO

    There’s almost no way Twitter will go public this year, according to the company’s COO, and it may not do so in the next couple of years, either.  The focus, instead, is supposed to be on firming up and building out the business side of things.

    Twitter LogoAccording to Brian Womack and Cris Valerio, Dick Costolo said yesterday at a Bloomberg event, "My view of our financial future is like that old New Yorker cover where the New Yorker looks at the view of the United States and the IPO is way out west somewhere.  Bronx and Queens are our 2010 financial plan, and that’s what we’re focused on right now."

    Costolo, who joined Twitter about four months ago after working for Google and cofounding FeedBurner, also stated, "We have to catch up to our valuation.  We’ve raised all this money.  We’ve created this global brand.  It’s one of the fastest – if not the fastest – growing brands in the history of the world.  Now we have to go build the business that lives up to that valuation."

    These announcements may come as a relief to Twitter fans who don’t want to see it become part of another tech bubble.  Or they might disappoint, since a lot of folks would probably prefer to see Twitter straighten out its revenue problems in the very near future.

    Anyway, ads and paid accounts are still the first things Twitter intends to try in its search for a steady stream of money.

    Related Articles:

    > Twitter Earns Itself A Candy Heart Phrase

    > HubSpot Documents Decline In Twitter Growth Rate

    > Is It OK To Say No To Twitter?

  • Is the New York Times Jumping the Gun on Paid Content?

    There has been a lot of talk of late about how the New York Times would probably be moving towards a paid model for its online content. The newspaper has now come right out and said that starting in early 2011, visitors to NYTimes.com will get "a certain number of articles" for free every month, before asking to pay a flat fee for unlimited access. Subscribers to the print edition would receive full access to the site for no additional charge.

    There are still a lot of details to be worked out from the sound of it, and since the change won’t go into effect for a year, maybe they will have enough time to get it right. However, publishers have been trying to get this right for years already, and are still struggling to find that true answer. You have to wonder, what makes them think they can get the details ironed out by then?

    It would be one thing to announce it and start doing it. Other publications do this, but a year is an incredibly long time in the online world. There are so many things that could happen and questions that may still remain unanswered in the online news industry. News Corp. for example, has set off a firestorm over whether or not people should be able to freely link to free content on the web. There are just so many things that come into play that it seems rather strange to assume everything will fall into place a year from now. Who knows what condition the industry will be in by then? Publications that are using paid models right now may decide it’s not working and switch to a different plan. To reiterate, a year is a long time, particularly in an industry with so many question marks.

    NYTimes.com

    "This announcement allows us to begin the thought process that’s going to answer so many of the questions that we all care about," Arthur Sulzberger Jr., the company chairman and publisher of the newspaper is quoted as saying. "We can’t get this halfway right or three-quarters of the way right. We have to get this really, really right."

    I would say the thought process has been in motion for some time, and it’s hard to imagine setting a deadline for the discussion to wrap up in such a timeframe. Does setting such a deadline suggest a hint of desperation? The Times says that any changes will be closely watched by other publishers of online content, and there is no doubt that this will indeed be the case.

    The publication refers to Nielsen Online and analysts’ data indicating that NYTimes.com is "by far" the most popular newspaper site in the country with over 17 million readers a month in the U.S. alone.

    Do you read the New York Times? Would you pay for frequent access or get your news from other sources? Share your thoughts.

    Related Articles:

    New York Time’s Could Announce Paid Model This Week

    Do You Have the "Right" to Link?

    Is This the Answer for Online News Revenue?

  • Do You Have the “Right” to Link?

    It was recently discovered that search engine/news aggregator NewsNow.co.uk had been blocked by Times Online, a publication from News International, a subsidiary of News Corp. This has been viewed as a possible beginning to what News Corp. CEO Rupert Murdoch has been talking about for quite some time – blocking search engines and aggregators from using its content (and using apparently includes linking).

    Do you think linking is a right? Share your view.

    NewsNow founder Struan Bartlett is not exactly backing down from the fight. He has gone so far as to launch a campaign called Right2Link, the premise of which is essentially: linking to online content is a basic right, or officially:

    Whether you are a consumer, an NGO, a blogger, an independent researcher, a concerned citizen or a business, your right to link needs protection.

    Bartlett offers the following video to make his case:

    Bartlett picks out the following as "the threats" of media owners stopping people from linking to content:

    • Serious damage to the ease of access to digital information that drives the economy.
       
    • Media owners cherry-picking organisations to target, accusing them of copyright theft, or demanding cash — this is already happening!
       
    • Media organisations with significant economic power cutting deals with selected corporate search engines to guide the public to their online media, their opinions and their political and commercial allies.
       
    • Media with the power to enforce it levying additional so-called "licence fees" from any business or organisation using or linking to their websites.

    This is not just the argument of one man who is upset that he doesn’t get to link to News Corp. content. Even influential (though he is receiving a bit of criticism) journalist and author Jeff Jarvis, who has worked for a few big name print publications himself, has weighed in on the conversation.

    Jeff Jarvis "Linking is not a privilege that the recipient of the link should control – any more than politicians should decide who may or may not quote them. The test is not whether the creator of the link charges (Murdoch’s newspapers will charge and they link)," says Jarvis. "The test is whether the thing we are linking to is public. If it is public for one it should be public for all."

    Jarvis says that by trying to cut off links, News Corp. is even endangering journalism. "As a journalistic matter, we reporters depend on the ability to read and analyse public statements and documents – from government, corporations or newsmakers – and it should make no difference whether that reading is done by a person or their agent, an algorithm," he says. "We depend on the right to quote from what we find – and online, the link is our means of doing so. In fact, linking to source material – footnoting our work and the provenance of our ­information – is fast being seen as an ethical necessity in digital journalism."

    It should be noted that NewsNow offers a paid service, and this is probably the biggest reason News Corp. targeted it out of all other possibilities (of which there must be an astonishing number). But does that matter? If the linking site isn’t stealing actual content, and is simply linking, does it matter if they charge for their service?

    It should also be noted that a lot of people don’t think media owners are going after people for simply linking, but one can take a quick look at NewsNow’s home page, and see that they just list links pointing to other destinations. They don’t even include snippets from the articles like other sites do.

    Chris AhearnOf course not all media owners feel the way News Corp. does. You may recall when Thomson Reuters Media President Chris Ahearn expressed his stance on the matter:

     I believe in the link economy. Please feel free to link to our stories — it adds value to all producers of content. I believe you should play fair and encourage your readers to read-around to what others are producing if you use it and find it interesting.

    I don’t believe you could or should charge others for simply linking to your content. Appropriate excerpting and referencing are not only acceptable, but encouraged. If someone wants to create a business on the back of others’ original content, the parties should have a business relationship that benefits both.

    Our own WebProNews publisher Rich Ord has written in the past, "I know a little bit about news aggregation since I created the very first news aggregation site on the Internet, NewsLinx.com in 1996. I faced a similar backlash from newspaper companies back then, with many including the Wall Street Journal actually contacting me asking if I had permission to deep link to their articles. My typical answer was that I did not have permission and since the nature of the Internet was links to content, I didn’t believe I needed permission. Their reply 100% of the time was to keep linking, because I was driving them a lot of free traffic."

    That stance seems to have changed over the years.

    As Bartlett maintains, nobody is saying media owners don’t have the right to put up paywalls around their content, but if that content is freely available, why shouldn’t anyone be able to freely point to it with a link?

    Where do you stand on this ongoing debate? Discuss here.

    Related Articles:

    > News Corp. Blocks Content from News Aggregation Site

    > Murdoch On Blocking Search Engines: "I Think We Will"

    > Murdoch’s War with the Aggregators

    > Is it Really Crazy to Block Google?

  • New York Times Could Announce Paid Model This Week

    New York magazine is reporting that the New York Times could be announcing its own move to a paid subscription model as early as this week. If this is the case, we may see more of the dominoes fall in this tenuous conversation. It seems that whenever anyone discusses even the threat of paid content online, a hush comes over the room and people start to whisper like they do when your creepy uncle shows up at the family reunion. Well, whether this is the time or not, this could be the year where content makes a break from the free world to either save itself or crash and burn in spectacular fashion for all to watch.

    New York Times Chairman Arthur Sulzberger Jr. appears close to announcing that the paper will begin charging for access to its website, according to people familiar with internal deliberations. After a year of sometimes fraught debate inside the paper, the choice for some time has been between a Wall Street Journal-type pay wall and the metered system adopted by the Financial Times, in which readers can sample a certain number of free articles before being asked to subscribe. The Times seems to have settled on the metered system.

    There are a wide variety of thoughts on the actual time that the announcement and then the service would happen so suffice it to say, it could be this week and it could be in a few months. The point is that there is pretty good chance that this will happen. When it does there will be plenty of interested parties looking on to help them determine what might be next. Apparently this has not been an easy discussion for the Times and they have looked at several options.

    The Times has considered three types of pay strategies. One option was a more traditional pay wall along the lines of The Wall Street Journal, in which some parts of the site are free and some subscription-only. For example, editors and business-side executives discussed a premium version of Andrew Ross Sorkin’s DealBook section. Another option was the metered system. The third choice, an NPR-style membership model, was abandoned last fall, two sources explained. The thinking was that it would be too expensive and cumbersome to maintain because subscribers would have to receive privileges (think WNYC tote bags and travel mugs, access to Times events and seminars).

    Now, the article in New York does examine how difficult this process is for the Times because in reality, they are trying to assess what their worth is to the English speaking world from a journalistic and reporting standpoint. Some feel that they could be the last one standing as others go away as a result of online media. If that were the case, the NY Times could garner plenty of ad revenue if they could hold on in the near term. Others are just watching the paper bleed money and feel that there may never be enough ad revenue in the new media world to support the level of reporting etc that they are used to promoting.

    I am not sure where I am on this one. I would like to see news outlets like the New York Times survive. We need to pay people to cover stories and do the necessary digging to hopefully get somewhere near the truth. The trouble comes in whether the truth is ever the issue or not. Honestly, it doesn’t matter if a publication is on the left or the right of the political spectrum because the real concern is the bias that exists in many of these big publications. Everything that is reported is spun and often those who get to the position of being a Times reporter use that position as a power base. As a result reporting is out the window. It’s more like opinion and agenda with a few facts thrown in here and there. Sounds a lot like bloggers actually!

    Anyway, here’s the easy question for our readers. Would you pay to get the New York Times content online? Yes or no. Oh and since we are a blog please let us hear your opinions as well.

    Comments

  • Internet Users Favor Google Over Newspaper websites

    Declines in U.S. newspapers’ print circulation will continue as consumers increasingly gravitate toward the Internet for news, according to new research from Outsell.

    The firm predicts a 3.5 percent annual drop in both daily and Sunday circulation, leading to a low of 43 million Sunday newspaper readers by 2012, compared to more than 62 million in the early 1990s.

    The research highlighted the dramatic effect that aggregators such as Google and Yahoo have had on both print and online readership. For “news right now,” 57 percent of news users now got digital sources, up from 33 percent a few years ago. They are also likelier to turn to an aggregator (31%) than a newspaper site (8%) or other site (18%).
    Ken-Doctor
    “Among the aggregators, Google’s effect on the newspaper industry is particularly striking,” said Outsell analyst Ken Doctor.

    “Though Google is driving some traffic to newspapers, it’s also taking a significant share away. A full 44 percent of visitors to Google News scan headlines without accessing newspapers’ individual sites.”

    Other research highlights include:
     

    • Newspapers that see paid online content as a panacea are in for a rude awakening. Only 10 percent of news users are willing to pay for a print newspaper subscription to gain online access. Seventy-five percent say they’d turn to a different source for local online news if their newspapers required a paid subscription.
    • Local newspapers retain strength with local topics, such as family events and entertainment, but there are “cracks in the house.”

    Related Articles:

    >Newspapers Not Effectively Using Social Media

    >Google News SEO Tips-Ranking In News Search

    >Newsday To Charge For Online Access

     

  • YouTube To Experiment With Live Sports Coverage

    Sorry, American sports fans – there are no signs that YouTube’s working with the NBA, NHL, or MLB.  But reports indicate that YouTube will soon start streaming cricket matches, and even as this should interest a lot of other people in the world, it might also lead to other experiments.

    YouTube Logo

    YouTube is supposed to show 59 Indian Premier League matches starting March 12th.  The content should be available to people in multiple regions, too, although it’s possible that some countries will be excluded for the sake of not stepping on broadcasters’ toes.

    As for the business side of things, this isn’t intended to be some sort of money-losing attention-getter.  Andrew McCormick wrote, "YouTube wants to sign a global sponsor and multiple local backers as part of its strategy to make money from the coverage."

    And Bruce Daisley, Google UK’s leader for YouTube and display ads, said, "We’re keen to see how the community will take to live sport.  There’s a real interest in live events, so we’re excited."

    Perhaps heavy-duty sports fans should tune in regardless of whether they like cricket, then.  If things go well, it sounds as if this could be a first step to getting more live sports coverage onto YouTube.

    Related Articles:

    > Barclays Analyst Predicts YouTube Profitability

    > Hitwise: Vevo Still Dependent On YouTube

    > Google Gets Patent For YouTube Gaming

  • Consumers Expected to Spend $6.2 Billion on Mobile Apps in 2010

    Gartner has released some research findings that indicate consumers will spend $6.2 billion in 2010 in mobile application stores. Meanwhile, advertising revenue is expected to generate $0.6 billion worldwide.

    According to Gartner, mobile app stores will exceed 4.5 billion downloads in 2010, eight out of ten of which will be free. Gartner also forecasts worldwide downloads in mobile application stores to surpass 21.6 billion by 2013, and free downloads to account for 82% of all downloads in 2010 (87% in 2013).

    Gartner Research on Mobile Apps

    "As smartphones grow in popularity and application stores become the focus for several players in the value chain, more consumers will experiment with application downloads," said Stephanie Baghdassarian, research director at Gartner. "Games remain the No. 1 application, and mobile shopping, social networking, utilities and productivity tools continue to grow and attract increasing amounts of money."

    "Growth in smartphone sales will not necessarily mean that consumers will spend more money, but it will widen the addressable market for an offering that will be advertising-funded," added Baghdassarian. "The value chain of the application stores will evolve as rules are set and broken in an attempt to find the most profitable business model for all parties involved."

    "Application stores will be a core focus throughout 2010 for the mobile industry and applications themselves will help determine the winner among mobile devices platforms," said Carolina Milanesi, another research director at Gartner. "Consumers will have a wide choice of stores and will seek the ones that make it easy for them to discover applications they are interested in and make it easy to pay for them when they have to. Developers will have to consider carefully not only which platform to support but also which store to promote their applications in."

    Some of Gartners numbers have been brought into question by another research firm, comScore. In reference to a Gartner claim that Apple App Store downloads accounted for 99.4% of all mobile app downloads in 2009,  comScore analyst Alistair Hill is quoted as saying, "I think somebody’s missed something out on the maths there…I find that hard to believe. We know iPhone users buy a lot more apps than anybody else, but that still doesn’t work."

    Still, we haven’t seen anything solid to dispute the claim. But we might see something surface soon.

    Related Articles:

    > Best Buy Now Installing Google Mobile Apps On Smartphones

    > Google Launches Analytics for Mobile Apps

    > Usage of Mobile Web and Apps Doubles in 2 Years

  • Skype Sees Big Jump in International Calls

    Skype announced that its share of international calling minutes has jumped by 50% year-over-year. This data comes from a new report released by research firm TeleGeography.

    According to this report, Skype’s share of international calling minutes jumped to 12% from last year’s figure of 8%. Telegeography says that the volume of traffic routed via Skype is growing at an "astonishing" pace. The following graph shows the net increase in international phone and Skype traffic from 2005 to 2009.

    Skype International Calling

    Skype’s Peter Parkes writes on the Skype Blog:

    Skype retains its top spot as the ‘largest provider of cross-border communications in the world, by far’ according to the same report. Skype-to-Skype international calling minutes grew by 21 billion in 2009, a phenomenal acceleration of almost 100%. Telegeography strategy VP Stefan Beckert said at a meeting in Honolulu (why can’t we have meetings there?) that ‘he knew Skype hit a tipping point when his grandmother started using it’.

    Sten Tamkivi’s presentation at eComm in Amsterdam explored some of the backstory behind Skype’s conquest of the international long distance calling space, and included some discussion of the reasons behind Skype’s increasing ubiquity. Definitely interesting viewing, if I say so myself, and there’s a transcript over at Skype Journal if you’d prefer to digest it in text form.

    It should be noted, as Skype points out, that Telgeography has slightly altered its methodology for the report this year. The firm is now comparing international Skype-to-Skype minutes to the total number of international minutes to get the 12% figure. In the past, the Skype share included Skype calls to landlines and mobiles too.

    Details of the TeleGeography report, which covers much more, can be viewed here. Samples can be downloaded.


    Related Articles:

    > eBay Completes Skype Sale

    eBay And Skype Settle Litigation

    > Skype Founders Reportedly Close to Settlement with eBay

  • New Jersey Considers Legalizing Online Gambling

    A newly proposed law in New Jersey would allow residents there to gamble online via websites run by the state’s casinos in Atlantic City.

    The bill was introduced into the New Jersey senate by Senator Raymond Lesniak (D-Union), who also introduced a separate bill which calls for New Jersey residents to vote on a constitutional amendment that would allow state-regulated sports wagering in Atlantic City casinos, and to state residents via an intra-state Internet gambling system.

    New Jersey currently offers gambling on horse races to state residents through the 4NJbets.com website. The state would expand the law to permit online versions of games currently allowed in Atlantic City casinos, such as Poker, Blackjack and Baccarat. The Internet gambling system would be regulated by the New Jersey Casino Control Commission, which would establish a Division of Internet Wagering to manage operations and licensing.

    Joe Brennan Jr., IMEGA’s chairman
    Joe Brennan Jr.
    IMEGA’s chairman

    "We’re happy that New Jersey has taken this issue into their own hands," said iMEGA chairman Joe Brennan Jr.

    "New Jersey is recognized as having the toughest gaming regulators in the US, but as a leading gaming state with a long track record of doing things the right way, Internet gambling will have a great home here and the opportunity to begin normalizing the industry."

    The iMEGA says it supports efforts in Washington DC by Representative Barney Frank (D) in the House and Senator Robert Menendez (D) in the Senate, to create a Federal path to regulation, the association worked with New Jersey legislators on the bill to establish continued progress toward regulate internet gambling in the U.S.

    "The efforts to resolve the Internet gambling issue have stalled in Washington DC," Brennan said.

    "If states assert their right to regulate gambling within their borders and take a serious look at permitting Internet gambling, one side effect may be a breaking of the deadlock in the US Congress."

     

    Related Articles:

    >U.S. Asked To Halt Online Gambling Rules

    >Kentucky Supreme Court Hears Online Gambling Case

    >Americans Favor Legalizing Online Poker

     

  • Baidu CTO’s Resignation Announced

    Baidu CTO’s Resignation Announced

    It appears that not all is well (or at least normal) at Baidu.  Last week, the company’s COO abruptly resigned, and today, its CTO followed suit.  Both men cited "personal reasons" for their departures, and Baidu’s made little other information available.

    Either exit might have been considered unremarkable on its own.  The COO, Peng Ye, left before Google made its big statement about China, and also before hackers attacked Baidu, so "personal reasons" sounded like a semi-plausible explanation.

    As for the CTO, Yinan Li, he could have gotten a pass if his colleague hadn’t left so recently.

    It’s the combination of the two departures that makes for such an odd situation.  And the curt way in which Baidu’s announced everything is also suspicious, with the press release about Peng Ye and his replacements consisting of about 180 words, and the release concerning Yinan Li hitting just over 50.

    Still, Baidu hasn’t badmouthed its former execs.  Robin Li, Baidu’s CEO, stated, "We appreciate all that Yinan has contributed to Baidu and we wish him every success in his future endeavors."

    Finally, it’s important to note that investors don’t seem worried.  In fact, they’ve sent Baidu’s stock up 0.74 percent so far today, even as the Dow and Nasdaq are down 0.94 and 1.24 percent, respectively.

    Related Articles:

    > Baidu’s Stock Soars Following Google China News

    > Baidu’s COO Resigns

    > Baidu Readying Mobile App

  • Turkey Blocking More Than 3,000 Websites

    Turkey Blocking More Than 3,000 Websites

    The Organization for Security and Cooperation in Europe (OSCE), a human rights watchdog, called on Turkey today to reform or abolish its restrictive Internet policy.

    "At present, 3,700 Internet sites are blocked in Turkey, including YouTube, GeoCities, and Google sites," said Miklos Haraszti, an OSCE Representative on Freedom of the Media.
    Miklos-Haraszti
    "Even as some of the content that is deemed ‘bad’, such as child pornography, must be sanctioned, the law is unfit to achieve this. Instead, by blocking access to entire websites from Turkey, it paralyzes access to numerous modern file sharing or social networks."

    In a report Haraszti presented at Bilgi University in Istanbul, Ankara State University and at the International Law Congress of the Ankara Bar Association, he noted that, while in Turkey, he was unable to access even the OSCE’s YouTube website.

    "Blocking access inside of Turkey is an affront to the public’s right to the entirety of the Internet, said Haraszti. "Numerous Criminal Code provisions are applied against media workers, and as a result, journalists risk imprisonment for carrying out their work."

    "Therefore ‘reform or abolish’ the Internet Law is our main recommendation. I hope that the Turkish authorities will soon remove the blocking provisions that prevent Turkish citizens from being part of today’s global information society."

    Related Articles:

    > Turkey Asks Google For $47 Million In Taxes

    > Legalized Online Gambling Would Bring In Billions

    > NY Lawmakers Approve Internet Tax

     

  • Microsoft Declines To Change China Approach

    In case you were wondering, Microsoft doesn’t plan to let the whole Google-China brouhaha affect its business strategy.  Steve Ballmer recently indicated that his company will more or less stay the course and throw Bing into the regional mix.

    Part of the reason behind this decision might be that Microsoft hasn’t bought into the theory that China’s government participated in the hack that upset Google.  Or that it just felt unthreatened by it.

    Ballmer told Reuters, "We’re attacked every day from all parts of the world and I think everybody else is too.  We didn’t see anything out of the ordinary."

    But whether Microsoft’s good at defending itself or simply dense, there’s little question that it’s sticking around in China.  In response to a question about leaving the country, Ballmer didn’t give a "maybe" or a "we’ll see."  He said, "No."  The CEO then continued, "I don’t understand how that helps anything.  I don’t understand how that helps us and I don’t understand how that helps China."

    Look for Bing to come out of beta and see a wide release in China in the near-ish future, then.

    Related Articles:

    Microsoft IE Hole Used In Google China Attacks

    > White House Sides With Google In China Standoff

    > Yahoo, Adobe Identified As Victims Of China Hack

  • BusinessWire Offers Free Haiti-Related Press Release Distribution

    Popular press release distribution site BusinessWire, which is owned by Berkshire Hathaway, is offering its services for free to companies and organizations who are contributing to the aid of victims of the earthquake in Haiti. Such companies can push out free news releases with offers pertaining to supporting services, information, operations, and events directly related to rescue and recovery efforts.

    BusinessWire asks member companies to submit press releases as they normally do via the site’s online order interface, and to follow up with their local newsrooms. Other organizations are given the following phone number to call for further details: 888.381.9473

    BusinessWire has consolidated all of its Haiti Earthquake-related press releases into one spot, so the information is easily accessible. That can be found here.

    BusinessWire Haiti News Archive

    This is just one example of many showing how the web is contributing directly to relief efforts for victims of the disaster. There are a lot of companies and organizations offering varying services, and Business Wire’s own offering provides for a good way to spread the news as well as get a look at different ways one can help.

    Participating companies so far include Dollar General, Kohl’s, Walgreens, Discover, GE, Sprint, Comcast, T-Mobile, Target, and many more.

  • Yahoo Upgrades Yahoo Finance Search

    Yahoo Upgrades Yahoo Finance Search

    Yahoo has made some improvements to its Finance Search interface. Yahoo Finance Search is now including results from the web, and can uncover details on companies and executives, find info on private companies, and help determine what companies are associated with topics, Yahoo says.

    Every page of Yahoo Finance has a link that says "Finance Search". Users can simply click this to search or browse a list of the day’s popular finance searches.

    Yahoo Finance Search

    When a user’s search exactly matches a ticker or quote name, the user will see pricing information and a chart. They will also get news stories from Yahoo and the web. Another section provides a list of companies (pubic and private), ETFs, Mutual Funds, and Indices (from US and worldwide exchanges) generated from matches between the user’s search and content on Yahoo Finance, including company/quote name, ticker, business summary, key execs, analysts, and insiders.

    Yahoo Finance Search

    "As an example, you can enter the name of a person (‘Carol Bartz‘) or a topic (‘biodynamic farm‘) to find related companies," explains Yahoo. "In the example of Carol Bartz, she is a key exec and insider at the companies listed. In the example of ‘biodynamic farm,’ biodynamic farm is mentioned in the business summary on the company profile pages."

    When a user uses web search results, they will find content from Yahoo Finance and the web. In the default "all results" view, the top three results come from Yahoo Finance and the ones after that are from the web. However, users can choose the option to view only results from Yahoo Finance or only the web.

    Related Articles:

    > Yahoo Sponsored Search Getting New Features

    > Carol Bartz Gives Self A B-

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  • Barclays Analyst Predicts YouTube Profitability

    In a financial sense, Google’s acquisition of YouTube has never made a lot of sense; the site, which sold for $1.65 billion, hasn’t even turned a profit on a quarter-to-quarter basis yet.  But according to a prominent analyst, that’s about to change.

    YouTube Logo

    Doug Anmuth, who works for Barclays Capital, said today in a note, "[I]n 2010 we believe YouTube will start contributing positively to EPS. . . .  [W]ith YouTube monetizing more than 1 billion video views every week, and with strong sell-out rates on its home-page from larger advertisers – we note 90% of the top 50 Ad Age have advertised on YouTube – we believe the site can profitably take share of the branded display & video market."

    Anmuth then shared a couple of concrete numbers, continuing, "We project YouTube to generate $700 million in revenue in 2010, up 55% Y/Y."

    While $700 million might be good or bad, depending on what scale it’s measured on (remember, Google’s market cap is in the neighborhood of $190 billion), the 55 percent figure is great.  Entities that have been around for more than a few years don’t often pull off that sort of dramatic improvement, and it would be even more impressive given the current economic climate.

    Hat tip goes to Peter Kafka.

    Related Articles:

    > Hitwise: Vevo Still Dependent On YouTube

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  • Would Conan Work on the Web?

    Would Conan Work on the Web?

    Unless you live under a rock, you are probably at least somewhat familiar with the current controversy regarding NBC’s shifting of late night television talk show programming that appears to be leading to an uncertain future for current Tonight Show host Conan O’Brien. I’m not going to get into that whole story here.

    While he is not the only one to raise such a point, Jason Falls of Social Media Explorer asked his Facebook fans a good question: "What if Conan went web-only?" More specifically, he asks:

    – Would you watch it?
    – Would you watch it regularly?
    – Would you pay closer attention to the advertisers?

    Jason has so far received some thought-provoking responses. One person compares such a prospect to what Howard Stern did when he went to Sirius Satellite Radio. Another notes that Conan reaches a young enough demographic to pull off such a move.

    Conan O'Brien

    It would probably not be very hard for Conan to find a good partner to convert his show to the web and attract a good amount of advertising dollars. What if the show went a different route? Dare I say, even a paid route? Would you pay, let’s say a dollar a month, to see Conan’s show on the same regular basis?

    Regardless of which way it was monetized, the show would have the potential to be successful (at least when compared to other online-only shows). But consider that consumers don’t have to turn to their computers to watch TV online anymore, perhaps the biggest obstacle for the medium. It was made abundantly clear at this year’s Consumer Electronics Show (CES) that Internet-ready TVs are going to become much more common.

    People watching TV online is a phenomenon that is growing rapidly already. Once the average TV watcher doesn’t have to get out of his/her easy chair to watch a show online on the same TV, what is to stop them from watching a show like a web-based Conan O’Brien show over the traditional TV alternatives?

    In reality, it is highly unlikely that Conan will go this route. Maybe there’s too much at stake. But if it did happen, could it work? Would it? Share your thoughts on the topic.


    Related Articles:

    > YouTube And Hulu See Record High Video Views

    > YouTube Gets Well Over a Billion Views Per Day

    > NBC.com To Stream Late Night With Conan O’Brien

  • American Idol Hits With “Pants On The Ground”

    American Idol may be only two episodes into its ninth season, but the show already has a big online hit on its hands.  63-year-old Larry Platt performed a self-written song called "Pants on the Ground" last night, and hundreds of thousands of people are talking about his energetic routine today.

    Platt’s song pretty much defies words – or at least words beyond "pants on the ground," which represent about 90 percent of the lyrics.  It goes after folks who wear their pants too low and their hats sideways, but, well, we’ve embedded a clip below so that you just view the spectacle for yourself.  (Stay tuned for a little break dancing after Platt gets warmed up). 

    This one clip’s already received almost 120,000 views.  The phrase "pants on the ground" has become a trending topic on Twitter, too.

    Barring some apocalyptic event that leaves just him and the judges alive, Platt won’t win American Idol, of course, but the show appears positioned to get plenty of attention thanks to his vocal efforts just the same.

     

  • Once Upon a Time There Was a Business That Needed a Marketing Campaign

    The most powerful marketing campaigns are often the ones that we as consumers can identify with or connect to in some way. One way that businesses invoke such a feeling from potential customers is by telling a story with their marketing. This is called (appropriately) storyteller marketing.

    Dana Todd of Newsforce recently sat down with WebProNews to discuss Storyteller marketing’s revival. She has some interesting things to say on the subject:

    As noted by Barry Schwartz at Search Engine Roundtable, back in the summer of 2008, covering Search Engine Strategies in San Jose, Gary Stein, Director of Strategy for Ammo Marketing highlighted five stories that can be told:

    1. Origin – where did you/your brand come from
    2. Purpose – tells us why you are a business
    3. Vision – similar to origin but is where are we going
    4. Education – Starbucks educated people about traditions of coffee
    5. Ethics – when someone walks the walks of what they are doing
    6. Connection – reaching out and talking to the customer

    In that same session, Sally Falkow of Expansion Plus added that the story should be simple, repeatable, and memorable. She also said that suggested that good places to find your brand’s story are from employees, your customers, and even suppliers.

    As our own Abby Johnson points out in the above video, every business has a story. You may know what that story is, but if you look hard enough, you can find it, and you can use it. Chances are people will be able to connect with that story on some level (if it is the right story), and this can be a powerful way to keep your brand in people’s minds.
     

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