WSJ reports that Maggie Wilderotter has joined Yahoo’s Board. This may be considered as the first big move by Jerry Yang to catalyze change in the company.
And my central thesis on Yahoo’s turnaround rests on Web 3.0 and verticalization. If you have access, read my article on RealMoney, that further details the strategy and the opportunity: Yahoo!’s Still Asleep.
I have been following with fascination (and taking many calls from research analysts), regarding the public market buzz around Local.com (NASDAQ: LOCM). This firestorm was triggered by John Gilliam’s recent blog on SeekingAlpha. While I personally think John’s assessment of this patent is overzealous (he did disclose he was long in the stock), I couldn’t have written a better rebuttal than industry veteran Martin Himmelstein, who’s comments I totally agree with.
Online music has come a long way from the Napster years. Today there are many more legal sources of digital music and these have been growing over the past few years. Many consumers are willing to pay for music downloads and this has resulted in the emergence of Apple’s ITunes Music Store. But the illegal sharing and downloading of music still thrives thanks to P2P sites like Kaaza, Grokster, etc.
Online music is currently one of the most popular forms of entertainment over the Internet. A survey conducted by Piper Jaffray & Co. shows that about 46.2% of the Internet population use the web for searching and downloading music. In 2006 Internet users downloaded as many as 6.7 million songs per week. >>>
The Internet is changing the content business dramatically, and in this story, we will explore the casual gaming industry through the eyes of entrepreneur John Welch, a gaming industry veteran, who hopes to build a brand as high-impact as Electronic Arts in video gaming, through his venture PlayFirst. I met John a long time ago through the MIT alumni association, and his venture capitalist for PlayFirst is also a common friend of ours, Gus Tai, of Trinity Ventures, also an MIT alum. I promise though, that this will not be a MIT lovefest.
SM: Please describe your personal background.
JW: I grew up in suburban Western Massachusetts, which offered a lot of space as compared to the Bay Area. I was either running around outside or playing with Legos or video games. I loved to swim and ski on both water and snow. We lived in the halo of two world-class cities, Boston and New York. We never went to NYC when I was a kid, but loving the Red Sox and hating the Yankees was a way of life. The Red Sox 2004 World Series victory and the three Patriots Super Bowls were incredible for Massachusetts; we waited a long time to win at a sport we didn’t invent! (Basketball was invented a few miles from where I was born in Springfield, MA.) >>>
This post on Infineon will be the last in the series of posts analyzing the major players in the iPhone’s component ecosystem. In the iPhone, Infineon provides the digital baseband through a PMB8876 S-Gold 2 multimedia engine with EDGE functionality, a radio-frequency transceiver and power-management devices. As per iSuppli, these parts account for $15.25 or a big fat 6.1% of the iPhone’s 8 Gb model’s cost.
Infineon Technologies (NYSE: IFX) is a leading German semiconductor company with revenue of €7.93 billion (including Qimonda sales of €3.8 billion) and 41,600 employees in 2006. Its business is organized in two main segments: 1) Automotive, Industrial & Multimarket, which provides automotive, industrial, and security applications and 2) Communication Solutions, which provides wireline and wireless communication applications. It used to have a Memory Products unit that spun off as a stand-alone subsidiary, Qimonda in May, 2006 and in August it went public on NYSE. >>>
By Abhijit Nadgouda, Guest Author
What do you think of when you hear the word outsourcing? I think of something that it is not. Traditional outsourcing is defined as contracting with another company or person to do a particular function. Many of us do this for two primary reasons:
* We give it to the corresponding experts if we do not have the expertise with us.
* We have the expertise, but we do not have enough time to do the task.
This happens across industries and across departments. It helps you focus on your task, achieve the bigger vision better and build a relationship in the industry. It also helps you keep your entity lean and fit without the need to use ad-hoc expansion plans. Overall outsourcing has a value proposition which can help you build your business in an easier and better way. However, recently outsourcing has been flagging another aspect quite vigorously which has overshadowed all its benefits; and all credit to the software industry for this. >>>
By Guest Author, Robert Lowry, Unitus
As I discussed yesterday, Unitus focuses on two kinds of microfinance institutions (MFIs) for partnership: emerging microfinance institutions, which serve more than 2,500 clients and are in the early stages of growth; and commercial startups, which may not have a track record of growth but are well-capitalized and have a clear plan for expansion.
Within these parameters there are other important factors Unitus looks at when assessing an MFI as a candidate for partnership. These include: >>>
In its first 24 hours, “Harry Potter and the Deathly Hallows,” the seventh and final installment in the wildly popular series by J. K. Rowling that officially went on sale at 12:01 a.m. Saturday, July 21, 2007, sold 8.3 million copies in the United States, according to Scholastic, the publisher. The book’s official cover price is $34.99, but it has been selling mostly around an average price of $20.
A total of 2,652,656 copies of “Harry Potter and the Deathly Hallows” sold in the UK on Saturday.
Elsewhere in the world, other record-breaking numbers were reported, including a 100,000 first day volume in India.
I had pre-ordered the book from Amazon at $17.99, and it arrived at my doorstep on Saturday afternoon. I came back from San Francisco around 7 PM. I devoured it over the next 27 hours (minus meals and sleep), all 752 pages of it, and put it down at 10pm on Sunday night. Yes, I am a fast reader, but even I have not paid this kind of tribute to many authors or books before. >>>