Media - Internet

Jason McCabe Calacanis had an enviable problem. Advertisers eager to reach niche audiences were banging on his door. But the CEO of Weblogs Inc., a collection of 90 blogs, didn't have enough front-page space to sell them. Calacanis huddled with investors to devise a plan to scale up the business. Instead, on Oct. 6, he sold Weblogs to America Online Inc. (TWX ) for a reported $25 million. AOL is...

NEW YORK–Attracted by the prospect of speaking directly to their customers and appealing to the key people who influence them, corporate marketers are embracing the blogosphere and pressing for ways to leverage "social media" in the enterprise. At the second annual BlogOn conference here last week, a number of business representatives shared their early experiences using blogs even as they sought...

Silicon Valley has its share of would-be utopians. Along with others around the world, they are working overtime to build an online community where the Internet makes everyone equal. But what if this movement ends up doing more harm than good? This provocative question is posed by Nicholas G. Carr, an author best known for a controversial 2003 article in the Harvard Business Review arguing that...

Washington � The United States says that transferring control of the Internet to the United Nations would stifle innovation with excessive bureaucracy and may help repressive regimes curtail free expression online, according to the U.S. coordinator for international communications and information policy. In a November 2 Internet chat, Ambassador David Gross, the U.S. coordinator, will preview an...

LOS ANGELES (AdAge.com) -- Blog this: U.S. workers in 2005 will waste the equivalent of 551,000 years reading blogs. About 35 million workers -- one in four people in the labor force -- visit blogs and on average spend 3.5 hours, or 9%, of the work week engaged with them, according to Advertising Age’s analysis. Time spent in the office on non-work blogs this year will take up the equivalent of 2...

Google Inc’s rapidly filling coffers appeared to be brimming over in the third quarter as its search engine churned out a sevenfold earnings increase well beyond analyst predictions. HIRING SPREE: Google Inc has been hiring in droves. The company hired another 806 employees between June and October, expanding its payroll to just under 5,000 workers. © Associated Press (AP) The Mountain View based...

Yahoo's third quarter earnings report, showing a 42 per cent net revenue increase, is more than a result of its much talked about advertising strategy – it has actually reaped its content sowings. On Tuesday, Yahoo Inc posted steady profits and higher revenues from advertising sales, and moderately raised its revenue target for the rest of the year. MANY WINDOWS: A lot of Yahoo's services include...

LOS ANGELES - That giant sucking noise you hear is the sound of advertising dollars moving from traditional media and into new media like the Internet. It's changing the landscape of the advertising business, and no company is more responsible for the shift than Google. Like a giant magnet, Google is pulling more and more advertising dollars on to the Internet and away from traditional media like...

Shares of Google (GOOG) jumped 12% to an all-time high of $339.90 Friday after the Internet giant blew away Wall Street's third-quarter estimates with a sevenfold surge in profits and a doubling of sales. Analysts tripped over each other in the rush to issue the rosiest research report. Lehman Brothers, First Albany and RBC Capital Markets each lifted their 12-month price targets to $450, despite...

A trademark dispute has compelled Google to rebrand its free Gmail webmail service in the United Kingdom (UK). It has dropped the "Gmail" tag from the logo and new account addresses of its service yielding to the demands of a small British company that claims the US giant has infringed its trademark. The name change, as of now, applies only to UK users. New addresses created by UK users would end...