All Posts Tagged Tag: ‘PwC’
The BBC is reporting that the investment group OpCapita will save GAME Group PLC by buying a large portion of the insolvent company. Last week GAME Group administration was taken over by PricewaterhouseCoopers (PwC) in order to get the company into a sellable state. GAME and Gamestation stores operated by GAME Group began closing and employees began being laid-off. This …
Game Group PLC recently announced that CEO Ian Shepherd would be stepping down, and that PricewaterhouseCoopers would be taking over administration of the company. This came after months of failed bargaining with lenders to try and keep the company afloat. These were months that employees at their GAME and Gamestation retail stores had to wonder whether or not they would …
Game Group PLC announced today that PricewaterhouseCoopers (PwC) would be assuming administration of the company. The company had announced last week that it would be seeking administration. In a statement today, the GAME Group Board of Directors said: “Further to our announcements of 21 March, the Board of GAME has completed its discussions with lenders and third parties without resolution, …
U.S. Internet advertising revenues hit a record $6.4 billion in the third quarter, an increase of 17 percent from the same period in 2009, according to a new report by the Interactive Advertising Bureau (IAB) and PwC.
“The Internet has transformed consumers’ lives and how they experience entertainment, information and brands,” said Randall Rothenberg, President & CEO, IAB.
In the first half of 2010, online ad revenues in the U.S. reached $12.1 billion, setting a new half-year record. The total also represented an 11.3% increase over the same period the previous year. It also included the highest second-quarter on record. This is all according to the Interactive Advertising Bureau and PwC.
Internet advertising revenues reached $10.9 billion in the first half of 2009, a 5 percent decline from the same time in 2008, according to a new report from the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers.
Search and display advertising continue to account for the largest percentages of overall advertising spend. Search revenues amounted to more than $5.1 billion for the first six months of 2009, up three percent from the same period in 2008.
There are about 5.5 billion people on the planet. Roughly 2.5 billion of them use cell phones.
Only 1.1 billion surf the Web.
So when Vinton G. Cerf, who currently serves as Google’s vice president, states that mobile phones will fuel the growth of the Internet, well . . . maybe we should believe him.
“The mobile phone has become an important factor in the Internet revolution,” said Cerf. “You will get those other 5.5 billion people only when affordability increases and the cost of communication goes down.”