Archive for 'Financial' Category
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.
Doug Anmuth, who works for Barclays Capital, said today in a note, “[I]n 2010 [...]
Data losses to incur fines of up to £500,000
The Information Commissioner’s Office will be able to issue fines of up to £500,000 for serious data security breaches.
The new rule is expected to come into force in the UK on 6 April 2010. It has been approved by Jack Straw MP, Secretary of State for Justice.
The size of the fine will be determined after [...]
Forget Yahoo and Bing, Google Now Targeting Apple
Google’s worst-kept secret phone finally launched yesterday.
Despite the fact that details about the phone have been leaked all over the web for months, the Nexus One was officially revealed at a good old fashioned press conference at Google headquarters in Mountain View.
Referred to by Google staff as a *Super Phone*, the Nexus One is already [...]
German Justice Minister Likens Google To “Giant Monopoly”
Germany’s justice minister is less than happy about the direction Google’s headed. Sabine Leutheusser-Schnarrenberger thinks the search giant may become a monopoly, and she’s not of a mind to sit by while that happens behind closed doors.
Germany has often posed something of a problem for Google. It never won the right to the name “Gmail” [...]
Google Offers On2 An Additional $26.5 Million
// Squeaky wheels may get a little grease, but apparently, it’s better still to be an angry and litigious shareholder. Following Google’s acquisition offer to On2 in August, On2 shareholders complained, and now, they may receive an extra $26.5 million for their trouble.
As we reported earlier, Google offered to acquire On2 for 60 cents [...]
Nexus One Sales Of 5-6 Million Units Forecast
// Google’s given its presentation, tech reviewers have had their say, and, after months of buildup, the Nexus One should soon start appearing in the real world. So how – in a sales sense – will it fare? According to a Barclays Capital analyst, the Nexus One will be a rather hot item.
In a [...]
HP leads server revenue, shipments in EMEA for third quarter of 2009
HP recently announced it secured number one server position in revenue and total units shipped in the Europe, Middle East and Africa (EMEA) region (1). HP also held the top spot for total server units shipped worldwide, according to third quarter calendar year 2009 figures released by IDC.
HP showed significant strength in the South African [...]
Consumer Electronic Sales To Top $165 Billion In 2010
The consumer electronics (CE) industry is set to generate more than $165 billion in U.S. shipment revenues this year, a slight increase from 2009, according to the semi-annual industry forecast released by the Consumer Electronics Association.
CEA President and CEO Gary Shapiro announced the forecast in his opening remarks at the 2010 International CES technology trade [...]