MarketWatch -
MOUNTAIN VIEW, CA, Oct 17, 2008 (MARKET WIRE via COMTEX) -- NeoEdge Networks, Inc., the leading advertising network focused on providing television-quality ...
ADOTAS, NY -
Targeting arguably has become the ad network “killer app.” According to E-consultancy 2007 Online Ad Network Buyers Guide, targeting was only 1% behind ...
Silicon Alley Insider, NY -
Today's entry: Dude-centric publisher and ad network Heavy, which is laying off 12 people, which it says amounts to 14% of its staff. ...
Rethink Wireless
Rethink Wireless, UK -
The search giant is following in AOL’s footsteps and readying an iPhone specific advertising network, significantly enhancing the power of the Apple handset ...
Dark times on the Net: analysts cut Google, Yahoo
Google Offers DIY Display Ads Builder, Expands TV Ads Distribution
Report: Google, Yahoo talking with DOJ over advertising agreement
InformationWeek, NY -
By Marin Perez Nokia announced Wednesday it has signed several major US publishers for its mobile advertising network. Nokia Media Network will now provide ...AMS:NOKA -NOK
MarketWatch -
... Intergi is both a leading online gaming and entertainment advertising network and representation company offering a hybrid of online opportunities that ...OTC:GMEI - MCZ
Mediapost.com, NY -
"These additions fortify the Nokia Media Network's reach in the United States, which has already been a well-performing advertising network, especially for ...AMS:NOKA - NOK
Trading Markets (press release), CA -
Oct 16, 2008 (M2 PRESSWIRE via COMTEX) -- BZTG | Quote | Chart | News | PowerRating -- The Buzz Ad delivery network is currently undergoing an upgrade so ...OTC:BZTG -OTC:CMTX
International Business Times, NY -
More than 50 toppublishers rely on NeoEdge to deploy over 500 ad-supported casual gamesthroughout the NeoEdge partner network. NeoEdge has created a robust ...
Earthtimes (press release)
Computerworld, MA -
By Heather Havenstein October 13, 2008 (Computerworld) MySpace launched a beta version of its DIY (Do It Yourself) advertising platform today that's aimed ...
paidContent.org - MySpace Expands Self-Serve MyAds Display Ad Service
MySpace Launches 'MySpace MyAds' Platform Democratizing Online ...
Oct 18, 2008
AdNet Weekend
Social Media Weekend
CNNMoney.com -
Specifically, social networking. During a panel called “One Month to Go: The Road to the White House” at Fortune’s recent Most Powerful Women Summit, ...
Boston Globe, United States -
By Casey Ross Mayor Thomas M. Menino is launching a Facebook-like social networkingwebsite where people with roots in the city's corporate and academic ...
Hit Search, UK -
Building on the success of KateModern and Sofia’s Diary, the Social Media Network is developing a commissioning and scheduling policy for 2009 that will ...
Bebo set to launch exclusive web comedy
AffiliateTip.com, NJ -
By Shawn Collins The Leveraging Social Networks session at Affiliate Summit Social Media 2008 featured Sachin Agarwal, President & CEO of Dawdle.com; ...
Mashable
Mashable, CA -
Webbr is a new startup that provides a visual social network where you can see how everyone is connected at-a-glance. Many pundits believe that Web 3.0 (aka ...
Washington Post, United States -
Kaixin001, the latest newcomer to the Facebook clone wars in China, is China?s fastest growing social network having amassed a staggering 7.5 million users ...YHOO - GOOG
Marketing Pilgrim
Marketing Pilgrim, NC -
My first thought was, "Yahoo doesn’t have a social network, I’m not clicking on that link." You see, while there’d been much talk of Yahoo either building a ...YHOO
Baystreet.ca, Canada -
Second, a social network that provides investors with the ability to create extensive profiles that include photos, bios, video messages to fellow investors ...CVE:GRW - GOOG - TSE:X
paidContent.org, CA -
By Tameka Kee - Fri 17 Oct 2008 09:10 AM PST Nielsen is shutting down its social network-market research hybrid “Hey! Nielsen,” Mediapost reports. ...
ChesterChronicle.co.uk, UK -
THE Chester Grosvenor Hotel and Spa has banned staff from using social networking site Facebook. Some employers believe staff can spend too long messaging ...
Oct 17, 2008
Warren Buffett: Buy Stocks! Cash Is Trash!
Posted Oct 17, 2008 10:42am EDT by Aaron Task"I don't like to opine on the stock market, and again I emphasize that I have no idea what the market will do in the short term. Nevertheless, I'll follow the lead of a restaurant that opened in an empty bank building and then advertised: 'Put your mouth where your money was.' Today my money and my mouth both say equities."
Or so declared Warren Buffett Friday in an extraordinary op-ed piece in The New York Times. Buffett's call to stocks amid an ongoing financial crisis could help restore investor confidence, a crucial ingredient so far missing from the government's turnaround effort.
Buffett's message is akin to then-Merrill chairman William Schreyer buying TV time right after the 1987 crash to declare Merrill as being "bullish on America," recalls Dan Colarusso, managing editor of Portfolio.com.
The op-ed also recalls Buffett's own famous "buy stocks and get rich"comment to Forbes in 1974.
Buffett's optimism is based primarily on the following:
- "Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors."
- Cash is trash. "Today people who hold cash equivalents feel comfortable," he writes. "They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value."
A few caveats to Buffett's dramatic call:
- By his own admission, Buffett is making a long-term call. "I can't predict the short-term movements of the stock market," he writes. "I haven't the faintest idea as to whether stocks will be higher or lower a month -- or a year -- from now.
- In the short- to intermediate-term, there's still the issue of reviving the banking sector, and key bank CEOs like JPMorgan's Jamie Dimon have expressed little optimism for the Treasury's program of capital injection.
- Nobody, not even Warren Buffett, is always right.
Google’s Net (and Stock) Rise Sharply
By MIGUEL HELFTPublished: October 16, 2008SAN FRANCISCO — For months, Google has promised investors that the company’s online advertising system would do relatively well in an economic downturn. On Thursday, it showed evidence that it may be able to deliver on that promise.
Related
Times Topics: Google Inc.
Google said that its growth rate continued to slow in the third quarter. But the company fared better than Wall Street expected as it reported a solid 26 percent jump in net income to $1.35 billion, or $4.24 a share, from $1.07 billion in the third quarter of 2007. The company’s results were bolstered by strong gains in online advertising and efforts by Google to slow hiring and rein in costs.
Google’s shares, which rose to $353.02, or 4 percent, in regular trading on Thursday, jumped another 10 percent after the company reported its financial results. However, they remain down sharply from their high of just over $740 last November.
Google’s chief executive, Eric E. Schmidt, said the results reflected marketers’ acceptance of a system that is better and more measurable than other forms of advertising. He said that while the economic environment was unpredictable, Google was poised to continue doing relatively well.
“We are very realistic about the macroeconomic climate, but we are optimistic about Google’s future,” Mr. Schmidt said during a conference call with analysts.
While Google is the largest seller of online ads, its relatively strong results are not indicative of the overall health of the Internet advertising business. Google relies primarily on search ads, the fastest-growing segment of the market. Since marketers use such ads to lure people to their Web sites, analysts say they believe they are among the last thing advertisers would cut during a recession...
Oct 16, 2008
Yahoo and Google Moving on Social Media; Microsoft Stalks to Buy
by Michael Arrington on October 16, 2008Yahoo begins the rollout of its new user profile today, which marks the first tangible product release for the social part of the Yahoo Open Strategy, or YOS. The profile is one of the anchors (mail is the other) to Yahoo’s strategy of turning the site into one big social network.
It’s been a long haul for the company, which first talked about the new strategy almost a year ago. More details, and a few conceptual screenshots, were announced at CES in January. A newcomer to Yahoo, VP Communities Jim Stoneham (he joined six weeks ago), is leading the team that’s creating new social features.
So here’s exactly what Yahoo is launching today:
Google Updates iGoogle: Better Integration with Google Reader, Gmail, and Google Finance
Google today updated its iGoogle homepage by improving its integration Google Reader, Gmail, and Google Finance. These gadgets can now make use of iGoogle's canvas feature, which allows a gadget to take up the whole screen. This is especially useful for the Google Reader and Gmail gadgets, which now bring almost all of the features of the actual services to iGoogle.
iGoogle Goes Wide, Introduces Canvas Pages.
by Erick Schonfeld on October 16, 2008Google’s startpage, iGoogle, is spreading its wings. Today it is rolling out a new design that shifts tabs to a column on the left so that more Google gadgets and sources of content can be accommodated. But the biggest change is the ability for content partners and developers to expand each gadget to take up nearly the whole page.
Partners that are launching with expanded gadgets include the New York Times, the Wall Street Journal, the Washington Post, TV Guide, iLike, CurrentTV, and Go Comics. Google itself has created extra-wide gadgets for Google Reader, Gmail, Google Finance, and YouTube. If you have an iGoogle page in the U.S., you should see the new design rolled out by the end of the day.
In effect, Google is stealing a page from Facebook here and giving Gadget developers their own canvas pages. Within these iFrames, an entire Website can be exposed, with ads and all. Any money from ads on the canvas page go 100 percent to the content partner...
Yahoo SearchMonkey gets Zagat, CitySearch
Kaixin001: China’s Apple of Social Networks
KAI XIN, both pronounced with high tones, means happy. WAN, low tone from deep in your throat, means network. Thus, KAI XIN WAN is the happy network.
XIAO NEI, both with downward tones i.e. start high, finish deep in your throat, means 'school inner' or on-campus network. FYI.
by Guest Author on October 16, 2008Kaixin001, the latest newcomer to the Facebook clone wars in China, is China’s fastest growing social network having amassed a staggering 7.5 million users in the first 5 months since it launched in May 2008. The site tripled Twitter’s traffic reach in the month of September alone and is currently the 250th most popular site on Alexa worldwide.
Compared with rival incumbent Xiaonei, which targets college students, Kaixin001 appeals to white-collar office workers with a simpler UI that is more intuitive to older audiences. This is a significant detail in China, where one in four college students does not own a computer and can only access Xiaonei by walking to an Internet Cafe and paying by the minute. White-collar office workers by comparison, spend an average of nine hours a day in front of the computer...
tEarn Exitmercial One-Time Special
Topix quietly builds momentum in small towns
The lament of newspapers has become familiar by now: With readers moving online, the once community-binding dailies are falling apart, losing both the readers and their advertisers. That’s especially true for small town papers. (Ed: false statement) But a growing site called Topix is picking up the slack, self-reportedly having reached over one hundred million pageviews a month. Topix has come a long way since its inception. Originally conceived as a news aggregator consolidating thousands of sources for local audiences, it shifted its focus several years ago to include the users, allowing citizen journalism, commenting, forum discussions and polls. That’s when it began to grow in earnest, as people in small communities began to find their local news portals on Topix and participate. When I first talked to CEO Chris Tolles earlier this year, several newer startups like Outside.in were getting heavy press. Tolles noted the difference between Outside.in’s slick interface and the more dated look of Topix without concern, suggesting that his company gets little attention in Silicon Valley because it serves a middle American audience with different tastes. “How do we get people to do one thing in mass numbers?” he asked, pointing out the simplicity of the commenting system to answer the question. At that time, about six months back, Topix was getting a staggering 120,000 comments per day on its forums and articles, but the growth has continued; most recently, it was receiving an additional 30,000 daily comments... Topix may have an early mover advantage on a large segment of the population, but it is also challenged to sell its userbase, who are distributed countrywide in towns of 5,000 to 50,000 people. Tolles points out that Manhattan advertisers feel little confidence in placing ads for a user group they don’t understand, especially as the results of a campaign may not be clear. “The future of advertising online is an understanding that the effects are somewhat unmeasurable,” Tolles opines, although conceding that advertisers have yet to come to terms with that idea. It might also be hard to prove to anyone but close partners that Topix is really experiencing high growth. The company told me their internal Google Analytics numbers showed 115 million pageviews in September, split among 15 million unique visitors — nearly a four-fold increase since the 3.9 million uniques it logged in September 2006. But while one measurement firm, ComScore, says that Topix is the third largest newspaper site online, another, Compete, shows it on a plateau of around 5 million uniques.Topix quietly builds momentum in small towns
STATS: CPC up, CPM down
Ed: Compete.com reports 35.7% YOY growth in number of USA search. Google CFO reports paid click growth of 18%. CTR declined by 13%. Fewer % of people clicked on ads.
All Eyes On Google This Week
Display Ad Prices Trending Downward; Fall-Off Is Consistent, But Not 'Dramatic'—PubmaticGoogle, whose stock is down 45% this year, announces third quarter financial results tomorrow, and Silicon Valley will be watching. Analysts expect revenues of a little over $4 billion and EPS of $4.79 - and most have price targets for the stock, which closed yesterday at $363, to bounce back up to the high 500’s.
For now, the big factors affecting Google are the strengthening dollar (half their revenue is outside the U.S.) and general pessimism about the advertising market moving forward. There are also concerns about the intense regulatory scrutiny of the Google/Yahoo search deal.
Beyond this quarter, though, no one really has any idea how Google will do, and that uncertainty is what’s driving Google’s stock down. A declining stock market means less consumer spending, which then means less advertising dollars flowing as well. But what isn’t certain is how that will impact Internet advertising, which is still taking share from more traditional ad spending.
Citi analyst Mark Mahaney, who’s targeting Google stock at $590, thinks Google is in a good position to weather a storm: “GOOG is the market share leader – and is gaining share – in arguably the most dynamic part of Internet advertising – search, which appears to be less impacted by the current macro economic environment,” he said in a recent preview report for the fiscal quarter. He also sees strong growth potential for non-search ads through YouTube and DoubleClick. ComScore is reporting that the growth in the number of searches on Google accelerated in September.
Here's some more evidence of how bad things are… The average price of a display ad was 27 cents in Q3, a nearly 50 percent drop from Q407's 50 cents, according to Pubmatic, which sells software optimization tools to ad networks and has been surveying prices for the past four months. In Q1, the company said the average price of a display ad was 37 cents, while from Q2's price was 34 cents, said Pubmatic, which bases itsPubMatic AdPrice Index (PDF) on a survey of roughly 5,000 websites mostly in the U.S.Google CFO:
We had another solid q, despite a challenging economic environmentgross revenue up 31 % yoy to $5.5B
Google.com was up 34% yoy to $2.7B
AdSense up 15% yoy to $1.7Bpaid click growth up 18% yoy, up 4% q over q
US revenues up 22% yoy to $2.7B, up 5% q over qInternational revenue:
UK showed some softness, essentially flat Q over Q,
rest of EMEA performed better, relatively good performance in Netherlands and Germany,.
Also good performance in Brazil and China.
Why Google’s Partners Should Be Worried
Google today announced its third-quarter 2008 earnings — which were in line with investor expectations, thus giving market a reason to exhale. For the quarter, Google reported net income of $1.35 billion on sales of $5.54 billion.
Google’s partners however, should gulp hard, for the Mountain View, Calif.-based search and online advertising company is keeping more and more of its online ad bounty for itself. You can see that from the three metrics: revenues from Google-owned sites, revenue generated by partner sites and the traffic acquisition costs. Google’s partners’ piece of the pie isn’t growing that much. Check out the table:
Q3 2008 Q2 2008 Q3 2007 Google-owned site Revenues $3.67 billion (67% of total revenues) $3.53 billion (66% of total revenues) $2.73 billion (65% of total revenues) Revenues from Partners $1.68 billion(30% of total revenues) $1.66 billion (31% of total revenues) $1.45 billion (34% of total revenues) TAC $1.5 billion (28% of total revenues) $1.47 billion (28% of total revenues) $1.22 billion (29% of total revenues) What that table is saying is that Google today is less reliant on partners for ad inventory. This shift isn’t going to change anytime soon, especially as Google launches more and more ad-supported services and finds new users for Google Mail and Google Android.
Google Gains 2 Points of Search Share in Q3, CPCs rise on Google Search and Content
Today we released the Efficient Frontier Q3 2008 U.S. Search Engine Performance Report. which analyzes the performance of Google, Yahoo, and Microsoft Live Search on search engine spending, CTR, CPC and ROI from advertisers in the Efficient Frontier Client Index. Because conditions in the finance sector have been so volatile over the past year, trends were reported separately for financial services advertisers and non-financial services advertisers.
Google continued to gain share for all advertisers over last year, capturing 76% the share of total search engine spending in Q3, up 2.1 percentage points from Q3 2007. That gain in share was largely due to growth in Google content spending, which increased from 2.6% to 4.6% of spending from Q3 2007 to Q3 2008. Content spending increased by 82.8% YOY in Q3 2008 for non-financial services advertisers, and by 16.6% in financial services.
A look at trends in CPCs across search and content gives an indication of why advertisers are investing more in Google content and continue to spend on Yahoo and Microsoft Live Search. On a YOY basis CPCs on Google search increased by 8.3% and 4.7% respectively for financial and non-financial services advertisers. CPCs declined YOY for Microsoft Live Search and Yahoo Search, with the exception of CPCs on Microsoft Live Search for non-financial services advertisers, which were up 6%. Google content CPCs increased by 20% for non-financial services advertisers, but at $0.28 a click, Google content is still 53% cheaper than Google search, which averaged $0.61 per click in Q3.
The report also found that, in an increasingly unstable economic environment, ROI improved on all three major search engines in Q3 2008 on a YOY basis. Google search ROI for non-financial services advertisers increased by 11.3%, Yahoo search by 19.7% and Microsoft Live Search by 29.9% YOY.
For more findings from the report, read our press release, or download the full report here.
Despite Record-Low IT Spending Plans, iPhone Gains Business Traction
Corporate IT spending for Q3 and the next 90 days is experiencing a drastic, record downturn that foreshadows even tougher times ahead for the US economy, according to a survey fromChangeWave. At the same time, the Apple iPhone is beginning to gain traction in the corporate marketplace even as Research-in-Motion (RIM) maintains a large lead in the smartphone market. The periodic survey, which asked respondents involved with IT purchasing whether their Q3 spending was on track, found as follows: The last survey that projected such a large IT spending pullback was in August 2001, ChangeWave said. The two major causes for spending decreases include high energy costs and the US presidential election. More than a third (35%) of corporate respondents reported high energy costs are affecting their company’s IT spending plans for the second half of 2008, while another 25% said the US presidential election is having an impact on their company’s IT spending decisions. Corporate Smartphone Buying In the same survey, ChangeWave examined corporate smartphone purchasing and found that RIM, at 79%, continues to overshadow its two main competitors - Palm and Apple - in terms of planned fourth-quarter purchases, but this number is down three points from May’s record high. Apple, however, continues to show considerable momentum in terms of corporate planned purchases, up four points to 17%. Some 19% of respondents also reported that the release of the iPhone 3G has made their company more likely to purchase Apple products in the future. Only 1% said their companies were less likely. These responses suggest that the iPhone is creating a “halo effect” in terms of improved overall corporate purchasing intentions for Apple products About the survey: The survey of 1,947 respondents involved with IT spending in their organization was conducted August 11-21, 2008Despite Record-Low IT Spending Plans, iPhone Gains Business Traction
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