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Friday, October 17, 2008 ( change date )
Google Hits It Out of the Park
On another day of wild swings - when the stock market - as a proxy for the global economy - badly needed a comfort blanket - Google gave it one. It came in Thursday with Q3 net earnings of $1.56 billion, or $4.92 a share (non-GAAP), up 26%, on revenue of $4.04 billion, up 31%, after subtracting TAC. Analysts were only expecting $4.75. US paid clicks were up 18%. After scrapping as low as $309 Thursday - because of worries about advertising in a recession - it shot up to $376 in after-hours trading.read more
search.sys-con.com Friday, October 17, 2008Google defies economy to beat forecasts; shares rise (Reuters)
Reuters - Google Inc profits surpassed Wall Street quarterly forecasts, sending its shares up more than 10 percent as the internet search and advertising leader held deepening economic gloom at bay.
yahoo.com Friday, October 17, 2008MySpace Could Reach A Billion This Year
Things aren't looking too bad for MySpace right now in the financial department. As the economy is in a shambles, MySpace seems to be one of the businesses poised to overcome it and actually see growth. read more
WebProNews Friday, October 17, 2008Hitwise Shows Top 20 Popular Sites
Hitwise has released data looking at the 20 most popular websites for September, ranked by market share of visits. I don't think you'll be very surprised with number 1.read more
WebProNews Friday, October 17, 2008Google Warning Sites About Security Issues
Like a stranger who follows you for 16 miles to let you know a taillight's out, Google's got webmasters' backs. The search giant plans to start telling some individuals about potential security problems with their content management systems and publishing platforms.read more
WebProNews Friday, October 17, 2008Economy stalls, but Google's 3Q profit still rises (AP)
AP - The economy is sputtering, but Google Inc.'s profits are still accelerating at a rate that suggests the internet search leader can remain a marketing magnet even when advertisers and consumers aren't in a spending mood.
yahoo.com Friday, October 17, 2008Cloud Computing Expo: OpenOffice 3.0 Out After Breech Birth
One gets a bit suspicious when an operation like OpenOffice.com reports that its servers were swamped and knocked offline for days by the pressing demand for the first formal release of its native open source application suite for Mac OS X. It had no idea how many people would want to download a copy from the beta? Somebody needs to go to summer school and make up Planning 101.
read more
search.sys-con.com Friday, October 17, 2008Facebook Mulls Digital Music Business
Facebook founder and CEO Mark Zuckerberg is reportedly considering entering into the digital music business and becoming a streaming competitor to iTunes and MySpace.Zuckerberg is in talks with several song streaming services and music community sites including Rhapsody.com, iMeem.com, iLike.com, and Lala.com, sources familiar with the situation said, according to the New York Post.read more
WebProNews Friday, October 17, 2008Bloggers Spill Canadian Election Beans
Canada's a big country, spanning six time zones, so when an election takes place, results from one end can come in well before the other side's done voting. Some bloggers recently created a hubbub by ignoring this situation.read more
WebProNews Friday, October 17, 2008Google Actively Seeking Testimonials From Advertisers?
Search Giant Google is apparently doing a little searching of its own - for support of it's proposed advertising deal with Yahoo that is. TechCrunch tells about one of their readers (who advertises with both Google and Yahoo) getting a call from a lawyer representing Google and asking them to provide a public testimonial as to why they think the Google-yahoo deal would be a good idea. read more
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