Netflix Continues to Add Markets and Content as Competition Increases

While Netflix (Nasdaq: NFLX) did account for 57.5% of all online video traffic in a recent survey, its competition is heating up. Over the past few quarters, Netflix has gained popularity due to the vast collection of both licensed and original content programming. But now, giants like Amazon are eating into its space. Not only

Read Full Article »

Market Loses Patience With Amazon

Looks like the market is beginning to lose patience with Amazon’s (Nasdaq: AMZN) loss-making quarters. Amazon continues to invest in new opportunities and report stellar revenue growth, but margins remain elusive, and that is believed to be by design. On the announcement of the results for the recently ended quarter, Amazon saw their stock fall

Read Full Article »

Expect Cloud Acquisitions From Microsoft

According to IDC, worldwide PC shipments fell 1.7% over the year to 74.4 million units in the second quarter of 2014. This was the smallest decline reported in the last two years. Last quarter, Microsoft had announced the end of their support to Windows XP machines. The US and European markets saw growth in their

Read Full Article »

Tim Cook Puts His Stamp on Apple

According to IDC, total smartphone shipment volumes are expected to reach 1.2 billion units in 2014, up 19.3% year over year and a dramatic fall from the 39.2% growth seen in 2013. However, the research firm adds that the lower growth rate for 2014 should not be interpreted as a sign that the market has

Read Full Article »

eBay Looks Flat

According to a comScore report, online retail spending grew 14% last year compared with a single digit growth in overall retail spending. The report reveals that while mobile transactions are a fast growing segment, the online sales are still dominated by PC-based sales.    

Oracle Buys MICROS to Expand into Hospitality Industry

Last month, Gartner released their outlook on worldwide IT spending and revised their global IT spending projections to growth of 2.1% over the year to $3,749 billion. Earlier, Gartner had projected a growth of 3.2% in IT spend for the year. Gartner believes that continued price pressure driven by increased competition and lack of product

Read Full Article »

Google Steadily Building Portfolio

According to an eMarketer report, mobile advertising in the US increased 121% over the year in 2013. Compare this with the desktop advertising market growth, which reported a comparatively modest 2.3% growth in 2013. eMarketer projects that desktop advertising will decline 9.4% in 2014 compared with an 82.3% increase in mobile advertising.

Vice Media is Gearing for an IPO

Where most newspaper and traditional media companies have struggled, few of the players who have adapted themselves to the Web have found a lucrative business model. One such company is New York-based Vice Media which is cashing in on online, and specifically, video streaming content to become one of the leading players in the space.