All Posts Tagged Tag: ‘Money’
How would you define "boatloads?"
One dictionary suggests "an indefinite quantity that is above the average in size or magnitude."
Well, thanks to Yahoo CEO Carol Bartz, we now have another definition of "boatloads"–its the precise amount of money it would take for her to sell Yahoo to Microsoft. Not a penny more, not a penny less!
The online world is noisy enough as it is. Everyone is trying to get everyone’s attention to sell whatever it is they have.
The Associated Press is angry at bloggers and the rest of the Internet for that matter. It appears as if the AP is so enamored with their ability to come up with completely original material 24/7 that keeps the Internet news machine going that they think we should all pay for the privilege to read it and spread the word.
The trend among some top bloggers is to publish monthly earning reports showing how much income they have generated the previous month.
While it may seem impressive to earn $1,000, $5,000 or even $35,000 a month from your blogging efforts, I feel that the raw number can be a crude way of judging the “success” of your blog and will not be as meaningful as using other metrics.
If this isn’t a shining example that online video is taking over, I don’t know what is. Playboy is going so far as to completely shut down their DVD business to move all of their video content to the Internet.
"Unlike other companies that began in print, we have profitable television, online and mobile businesses, which have domestic and international growth potential," said CEO Christine Hefner.
As all WebProNews readers are probably aware by now, Bankaholic, a blog run by 22-year-old Johns Wu was sold to BankRate.com for $15 million, a price some people find shockingly high, but enough to change a man’s life dramatically. We’ve covered this inspirational story extensively since we first learned of it.
Netflix shares fell 13% yesterday, but at the time of this writing are up over 5% today. The drop is a result of a trimmed fourth-quarter outlook.
The economy has everyone in the U.S. worried about what’s ahead. Many are calling for another great depression, and it is hard to know just what that will mean in a world where so much business thrives on the Internet. It’s a different world than it was in the 30s. Of course most money made on the Internet comes from advertising, so naturally, one has to wonder how Internet ad spending will fare in the not-too-distant future.
What once was considered an Internet powerhouse, seems to be dwindling away. AOL is getting rid of (or has already) more than 50 of its projects according to Silicon Alley Insider. We knew about AOL Journals and AOL Hometown, but this list is huge.
The dead projects fall into a number of categories including video, audio, messaging, social, toolbars, desktop, safety, mobile, and email. Check SIA’s article for the complete list.
Reports have surfaced that Bankaholic.com, a WordPress blog run by Johns Wu (alone) is selling for $15 million to BankRate. That’s quite a deal for Wu, I’d say. According to paidContent.org, Wu gets $12.4 million up front, with another $2.5 million possible earnout over the next 12 months.
Microsoft’s board of directors has approved a share buyback for Microsoft to the tune of $40 billion, with an expiration date of September 30, 2013.
The board also declared a quarterly dividend of $0.13 per share, reflecting a two cent or 18 percent increase over the previous quarter’s dividend. Said dividend is payable December 11, 2008 to shareholders of record on November 20, 2008. The ex-dividend date will be November 18, 2008.
It was recently announced that Time Warner would be selling off AOL split into different sections, with the dial-up business going to one buyer, and the advertising and content part going to another.
In fact, Time Warner reported that AOL’s display ad revenue had dropped a whopping 14% in the quarter.
Fantasy sports are a billion-plus per year industry, which seems to have just dawned on Major League Baseball (MLB) execs.
Fantasy sports, specifically fantasy baseball seem to be as popular as ever even though they’ve been around for something like twenty-five years according to the LA Times.
So, I’m watching the Android video and talking with my friends who are developers. Man, I thought my videos were boring, this one takes the cake.
Steve Jobs does NOT have to worry about losing his job to the folks from Google.
I didn’t see ONE feature that will get normal people to switch from the iPhone. This comes across like something developers developed for other developers without thought of how they were going to build a movement.
The concept of "free" isn’t exactly a new one, but it is taking on a sort of new life in the digital age as major publishers (slowly) warm up to the concept – except the recording industry, of course, where the "free" is usually coupled with "to help make us a lot more money."
In the past you would remember how I have been talking about wikis over here to reflect how they are some of the most interesting and refreshing social software tools out there to help boost knowledge sharing and collaboration amongst different teams, communities and whatever other groups.
A domain selling for hundreds of millions of dollars gets people’s attention. The sale of Business.com for $350 million most likely sent domainers into their files to see what they had available, if it’s going to be that kind of party. The sale has the owner(s) of pharmacy.com pretty excited, and the site is officially up for sale.
The sale of pharmacy.com is being brokered by FairWinds Partners, who inform us that this will be a private sale, rather than an auction, and that potential buyers like Walgreen’s and even Mark Cuban have been invited to bid.
FairWinds cites several recent multimillion dollar acquisitions, including wine.com, perfume.com, and diamonds.com. But as might be imagined, business.com was the icing on the cake, a web address FairWinds calls "less intuitive" for doing business.
And hence, as you might expect from one selling, that means its way more valuable. Is it a billion-dollar domain? They didn’t talk about targets, but they are touting $12 billion annual market for online pharmaceutical, health and beauty products. That, and the conversion rates among users that type addresses directly into the web-browser.
Companies routinely receive three, five, or even ten million dollars in various funding rounds; reporting on it kind of dulls you to those huge amounts. But iCrossing, a “global digital marketing company,” has just received $62 million, and that’s definitely worth a closer look.
I’ve been in a blog malaise lately. It’s getting harder and harder to write. Why? The stakes are going up. Not for me, I really don’t care. But for the people I’m writing about and who want access to my audience. When I started writing a blog back in 2000 there weren’t any startups. In fact, the news of that day was how the startup world was being cleaned out.
This is the tenth part in a ten part series.
Hopefully you have learned enough by this time that this will rarely happen to you, because you have already covered this base before you ever get this far. Unfortunately, there are some people who will be slaves to their own rigid way of thinking forever: I call it poverty mentality! But we owe it to them and oursleves at this point to give them one more chance to step up: if they say simply that they cannot afford our prices:
The Long Tail: The Microsoft Memo: Some choose radical transparency, some have it thrust upon them Chris Anderson, Editor-in-Chief over at Wired, has a post out today that contains a massive email briefing by Microsoft’s PR firm Waggener Edstrom to a Microsoft executive about an interview with Wired Magazine.
The European Union is at it again with their money hungry threats against U.S. based Microsoft. This time the EU suggested a fine as high as euro3 million (US$4 million) a day, claiming in a BusinessWeek article that the software company was still not offering a fair deal to rivals seeking to make Windows-compatible server products.
(This is an editorial comment by WebProNews Publisher and iEntry CEO Rich Ord)
Many top destination sites are adding blogs and other publishing formats to their site to build their authority and market-share. This editorial content creates value, builds trust and authority, and allows for a more profitable blend of content and advertisements.
SmartMetric, Inc a developer and manufacturer of advanced secure identity and transaction solutions has developed software that works with its biometric fingerprint card that allows a person to send money over the Internet from one card to another.
President and CEO of SmartMetric, Colin Hendrick said the peer-to-peer funds transfer or card-to-card money exchange will change the way money is handled. He went on to say that the fingerprint-activated card has the potential to revolutionize the way money is transmitted.
According to an article in the latest issue of BusinessWeek, Google will turn Google Apps For Your Domain into a subscription service for corporations sometime in the next few weeks. If true, it would turn the service (which offers services for company domains, currently Gmail, Google Talk, Google Calendar, and Blogger, and is expected to add more services) into an actual revenue generator for Google, a rarity for a company that many say needs to diversify its earnings.
All sponsored search listings are created equal, or so decrees Brandt Dainow, CEO of ThinkMetrics and Internet ad veteran, after reviewing click-through trends over the past three years. In a nutshell, you can start saving money by not bidding on that top spot. Others, like Enquiro’s Gord Hotchkiss, aren’t convinced.
Hitwise reports that downstream traffic to Google Checkout is up 30% in the past four weeks, with the number one store, by far, being Buy.com. Buy delivered 18.3% of Checkout’s traffic, with number 2 Dick’s Sporting Goods way behind at 4.8%. Of course, Google’s major “Free Money” promotion is the biggest thing driving people to use the service, and with it running until the end of December, we’ll have to wait for January numbers to see if there is a big drop-off.
Thanks to Jim Berkowitz and his CRM Mastery E-Journal for pointing me to the MarketingProfs article, Five Proven Ways to Waste Money With Pay-per-Click Advertising by John Grant.
Companies continue throwing money at IT projects and accept a pathetic 30% success rate. The IT field is filled with complexity and the fast pace seems overwhelming at times, yet we as professionals should adapt to the changing environment and use available best practices to increase the success rate of IT projects.
People have been actively searching the Internet for political information, and ever since Howard Dean amassed a sizable war chest with a grass-roots Net-centric effort the minds behind political parties have continued to seek ways to squeeze more out of the Internet.
At the close of the Podcast and Portable Media Expo, the feeling is that you are among an elite group of Web 2.0 trailblazers. True, they’re all running businesses and promoting their brands, but they still carry with them the now traditional mantra “content is king” like a Coat of Arms.