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| UPDATED: 2011-04-15 |
 Internet Advertising Reaches Record $26 Billion In 2010 Internet advertising revenues reached $26 billion in 2010, up 15 percent from 2009, according to a new report from the IAB and PricewaterhouseCoopers (PwC).
Worldwide IT Spending To Total $3.6 Trillion In 2011 Global IT spending is on track to total $3.6 trillion in 2011, a 5.6 percent increase from $3.4 trillion in 2010, according to the latest forecast from Gartner.
Angry Birds Lands Rovio $42 Million In Funding Rovio the company behind the popular Angry Birds game, said today it has raised $42 million in Series A investment to help it expand.
Global IT Spending Reached $1.5 Trillion In 2010 Global spending on information technology climbed to its fastest rate of growth since 2007 last year, driven by pent-up demand for hardware upgrades and infrastructure investment after the financial crisis and global recession of 2009, according to a new report from IDC.
TD Ameritrade Settles With SEC For $10 Million Online brokerage firm TD Ameritrade will reimburse $10 million to customers to settle Securities and Exchange Commission charges it misled them when selling shares of the Reserve Yield Plus Fund, a mutual fund that "broke the buck" in September 2008.
Google Q4 Revenue Tops $8 Billion, Schmidt To Step Down As CEO Google's fourth quarter earnings surpassed analysts expectations giving the company its best profitability since 2006.
Facebook Revenue Stronger Than Expected Facebook is bringing in revenue at a higher rate than expected, and is set to attract so many investors this year that it will likely have to release financial information similar to a publicly traded company by April 2012, according to a document from Goldman Sachs.
Adobe Reaches Record $1 Billion In Revenue Adobe Systems reported its financial results for the fourth quarter beating analysts expectations and raising its outlook.
Amazon.com Invests $175 Million In LivingSocial Local social shopping website LivingSocial has secured a $175 million investment from Amazon.com.
Holiday Gift Card Spending To Reach $24 Billion Americans plan to spend an average of $145.61 on gift cards this holiday season, up from $139.91 last year, according to a new survey from the National Retail Federation (NRF), conducted by BIGresearch.
HP Gives $5 Million Gift To Newseum Newseum said today it has received a $5 million gift from HP to design and build a new gallery focused on the changing media landscape in an effort to help people better understand the impact technology has on news.
Halo Reach Brings In $200 Million On First Day Microsoft has announced its new video game Halo: Reach has generated up to $200 million in global sales on its first day of availability.
Intel Buys McAfee For $7.6 Billion Intel has entered into an agreement to acquire security firm McAfee, through the purchase of all of the companys stock at $48 per share in cash, for $7.68 billion.
Ecommerce Regains Double Digit Growth July retail sales in the U.S. remained generally flat in most categories compared to July 2009, according to a new report by MasterCard Advisors' Spending Pulse.
Google Misses Earnings Estimates For First Time In Two Years Google reported solid second quarter earnings with revenue up 24 percent but missed analyst's estimates for the first time in two years.
GetJar Receives $11 Million In Funding From Accel Partners GetJar, the second largest app store, has closed $11 million in Series B funding from Accel Partners.
Global Online Advertising To Reach $61 Billion Global online advertising is on track to increase by 12.4 percent in 2010, to $61 billion, according to a new forecast by MagnaGlobal.
Global PC Spending To Reach $245 Billion Global PC shipments are on track to total 376. 6 million units in 2010, a 22 percent increase from 308.3 million units shipped in 2009, according to a preliminary forecast by Gartner.
Online Ad Revenue Reaches Record $5.9 Billion In Q1 Internet advertising revenue in the U.S. reached $5.9 billion in the first quarter of 2010, representing a 7.5 percent increase over the same period in 2009.
Time Warner Cable Revenue Up 5.4% In Q1 Time Warner Cable posted a first-quarter 30 percent increase in profit driven by the strong growth of its Internet, phone and digital cable customers.
Google Reports Solid Q1 Earnings Google has released its financial results for the first quarter of 2010 and the company reported revenues of $6.77 billion, an increase of 23 percent compared to the first quarter of 2009.
UK Online Ad Spending Reaches $5.3 Billion The UK Internet advertising sector increased revenues by 4.2 percent to $5.3 billion in 2009, up from $5 billion in 2008, according to the Interactive Advertising Bureau and PricewaterhouseCoopers.
Smartphone Sales Driven By Lower Prices Promotions and lower prices, helped smartphones gain market share against feature phones in the fourth quarter of 2009, according to a new report by The NPD Group.
Global PC Spending Set To Hit $245 Billion Global PC shipments are on track to total 366.1 million units in 2010, a 19.7 percent increase from 305.8 million units shipped in 2009, according to the latest preliminary forecast by Gartner.
YuMe Gets $25 Million In New Funding Video advertising network YuMe has announced it has closed a $25 million round of funding led by new investor Menlo Ventures.
AOL Posts Small Q4 Profit AOL's fourth quarter profit and revenue beat Wall Street's forecast, but the company said its revenue from subscriptions and online search advertising would decline in the coming months.
Digital Music Sales Up 12% More than a quarter of all recorded music industry revenues globally are now coming from digital channels, as music companies license music in partnership with ISPs and mobile operators, subscription services, streaming sites and download stores, according to the International Federation of the Phonographic Industry (IFPI).
Best Buy Online Revenue Up 34% In December Best Buy reported today from the Consumer Electronics Show that revenue for the fiscal month of December increased 13 percent to $8.5 billion.
Online Holiday Spending Hits Record $4.7 Billion Online holiday spending has reached nearly $21 billion, representing a 4 percent increase over last year, according to the latest report from comScore.
IT Spending Set To Grow 3.2% In 2010 With a global economic recovery widely anticipated, modest growth in IT and telecommunications spending is expected in 2010, according to a new report from IDC.
Black Friday And Cyber Monday Sales Set To Grow 1.8% Chief marketing officers (CMOs) at the top retailers in the U.S. expect both Black Friday (November 27 this year) and Cyber Monday (the first Monday after Thanksgiving) sales to grow 1.8 percent this holiday season.
Positive Ecommerce Growth Forecast For Q4 U.S. online retail spending reached $29.6 billion in the third quarter of 2009 (Q309), down 2 percent compared to a year ago, according to a new report from comScore.
Local Online Advertising To Hit $14.9 Billion Smaller local advertisers continue to increase their spending on online media, a trend that should continue into 2010, according to a new report from local-media research firm Borrell Associates.
Online Ad Spend To Reach 15% In 2010 Online advertising is on track to account for 15 percent of global advertising spending in 2010, up from 13 percent in 2009, according to a new report from GroupM.
Video Game Sales Dip In August U.S. sales of video game hardware and software fell 16 percent in August to $908.7 million, the sixth consecutive monthly decline, according to the NPD Group.
Mobile Ad Spend Set To Boom Growing consumer adoption of mobile Internet services and increased brand engagement with mobile services will lead to a sharp increase in spending on mobile Internet advertising, according to a new report from Juniper Research.
Online Video Ad Spending To Hit $4 Billion Online video viewing is increasing steadily and advertising spending is following suit, according to a new report from eMarketer.
Location-Based Services To Reach $2.2 Billion Global consumer location-based services (LBS) subscribers and revenue are on track to double in 2009, according to Gartner.
Top Disk Storage Vendors See Revenue Declines Sales of disk storage systems saw an 18.2 percent decline in the first quarter of 2009, compared to the prior years first quarter, according to market researcher IDC.
Gates Says Tech Can Help U.S. Out Of Recession Microsoft Chairman Bill Gates believes that technology can help lift the United States out of the recession and aid the globe's struggling markets.
Online Retailers Bullish On Web Sales The economy is causing online retailers to rethink their marketing strategies in order to acquire and retain customers, according to findings from "The State of Retailing Online 2009," study from Shop.org conducted by Forrester Research.
Google Q1 Earnings Mostly Positive Google has once again surprised analysts and investors by beating expectations in the first quarter of 2009.
Online Coupons Gaining Popularity A new survey finds that 34 percent of female consumers are using coupons more frequently than they were six months ago, according to Burst Media.
Global Digital Media Reaches $74 Billion The leading 27 digital media companies in the world increased earnings by more than 20 percent, to $74 billion in 2008, up from $61.5 billion in 2007, according to new research from Strategy Analytics.
Ecommerce Spending To Rebound In 2010 U.S. ecommerce sales will decline for the first time this year, according to a revised forecast from eMarketer.
Online Banking Usage Up In Down Economy U.S. consumers are paying closer attention to their finances and using online banking more frequently to manage their accounts during the current financial crisis, according to a study by Forrester Consulting conducted for Fiserv.
Personalized Ads Influence Online Shoppers The biggest online spenders and the most frequent shoppers are more likely to click on personalized ads than non-personalized ads, according to a recent ChoiceStream survey.
Google Surpasses Analysts Expectations Google has announced its fourth quarter results and overall its positive news for the company and investors.
Amazon, Apple Have Solid Holiday Traffic Gains Online holiday spending in 2008 reached $25.5 billion, down 3 percent compared to 2007 according to a recent report from comScore.
Online Ad Spending A Safe Bet In 2009 Online video ad spending is on track to increase by 45 percent in 2009 to reach $850 million, according to eMarketer Senior Analyst, David Hallerman.
European Online Holiday Traffic Picks Up In November While the U.S. had a strong start to the online holiday shopping season with spending up 15 percent on Cyber Monday, how is Europe doing?
More Consumers Making Purchases Online Online retail continues to be the one bright spot in the economy despite the myriad of challenges consumers and retailers face.
Online Holiday Spending To Remain Steady The impact of the credit crunch is expected to effect holiday shopping but projected consumer spending online remains steady at $100 - $250 on average, according to the eBillme Online Spending Index, a quarterly survey about consumer online spending.
Google Still Ruling Search Advertising Google continues to gain ground, for every new dollar spent on search advertising in the third quarter of 2008 compared to the third quarter of 2007, Google received $1.14, while Yahoo and Microsoft each lost $0.07, according to Efficient Frontier's U.S. Search Engine Performance Report: Q3 2008.
Senator Wants Google-Yahoo Deal To Be Monitored US Senator Herb Kohl (D-WI), Chairman of the Antitrust Subcommittee, is urging the US Department of Justice to closely look at the Google-Yahoo advertising agreement and to continue monitoring the competitiveness within the industry.
Online Ad Spending Up 11% There was a 27 percent decline in image-based online ad spending by financial services companies leading to a 6 percent year-over-year decrease in overall image-based online advertising in the first half of 2008, according to Nielsen Online.
Microsoft Launches $300 Million Ad Campaign Microsoft has launched its $300 million marketing campaign with the goal of improving the image of its Widows Vista operating system and to answer Apple's "Mac vs. PC" ads.
Online News Publishers Sustain Ad Pricing Levels News and technology focused online publishers were able to sustain ad pricing levels in August compared to the previous month while the rest of the industry showed significant decline, according to the PubMatic AdPrice Index, an industry wide measure of online ad network pricing for publishers.
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