Groupon Still Struggling to Change Its Luck

Daily deals market leader Groupon (Nasdaq:GRPN) just can’t seem to catch a break. The company tried to turn its luck by firing the founder and CEO, but that hasn’t seemed to help much. Recent inbox changes by Gmail and growing lack of interest among users to buy into daily deals are also not welcome news.

IBM Continues to Push Growth Through Acquisitions

According to IDC’s United States Black Book 4Q12 report, total enterprise spending on hardware, software, and IT services is projected to grow 6% this year to $474 billion. The researcher believes that growth is impacted by continuing economic concerns across the globe. Analysts believe that most IT budgets will be focused on big data and

Read Full Article »

Nokia’s Surprising Profitable Quarter

Gartner’s latest quarterly report on worldwide mobile phone sales saw phone sales grow 3.6% over the year to 435 million units in the second quarter of this year. During the same period, worldwide smartphone sales grew 47% to 225 million units, while sales of feature phones fell 21% to 210 million units. The report revealed

Read Full Article »

Facebook Scouting for More Acquisitions

eMarketer’s report on mobile advertising estimates Facebook’s (Nasdaq:FB) mobile advertising efforts to deliver strong results. According to their research, Facebook’s share of global mobile internet ad revenues is projected to grow to 15.8% this year. This is significant growth from the 5.35% market share Facebook had last year when it began mobile advertising operations. Despite

Read Full Article »

LinkedIn Continues to Improve Monetization

Researcher eMarketer expects social media player LinkedIn (Nasdaq:LNKD) to deliver strong ad revenue growth in the coming years. The researcher estimates LinkedIn’s advertising revenues to grow 47% this year to $376 million. By 2015, LinkedIn is estimated to generate $763 million from online advertising. Another comScore report published this spring showed that LinkedIn has become

Read Full Article »

ERI Diversifies Beyond Water

A recent report by BCC Research estimates the worldwide seawater and brackish water desalination market to be worth $4.1 billion this year. The researcher estimates the industry to grow at an annual rate of more than 11.9% to be worth $7.2 billion by 2018. The report attributes the increasing demand for desalination projects to the

Read Full Article »

Cloud Vendor Covisint Rings in Its IPO

A Gartner report published earlier this year estimated the worldwide public cloud services market to grow 18.5% in 2013 to $131 billion. Most growth in the market is driven by infrastructure as a service (IaaS), including cloud computing, storage, and print services. This sub-sector is projected to grow 47.3% this year to $9 billion. Gartner

Read Full Article »

Apple, Time to Focus on China

According to data from TrendForce, not only is Samsung eating up the iPhone’s market share, but now Apple’s iPad is in trouble as well. For the quarter ended September, Apple’s iPads accounted for 31.8% of the tablet market share worldwide, which is the lowest market share it has ever had. Apple may still be the

Read Full Article »