According to research firm Analysys, China’s online video revenues grew 148% over the year to RMB 621 million (~$96 million) in Q3 last year. Youku, which has been called the YouTube of China, is the leader with over 22% of the market share, followed by Tudou with 16% share and Sohu with 13%. Youku launched
According to the China Internet Network Information Center, at more than 500 million Internet users, China has the largest population of internet users in the world. McKinsey estimates that in China, 6 million people access the Internet for the first time each month. They expect China’s Internet population to rist to 750 million by the
According to Gartner, Governments, corporations and individuals spent $16.5 billion on security software last year – growth of 12% over the previous year. Last year, Symantec captured 19% of the security market share and was the leader in the segment. Spending on security software is expected to grow 14% in 2011 and another 10% in
According to Moscow-based Association of Communication Agencies, online advertising in Russia grew 51% from 2008–2010 to reach 26.65 billion rubles (~$940 million). During the same period, spending on print ads in the country fell 41%, radio ads declined 21% and television ads fell 6%. And, it is not just online advertising. The country was named
According to researchers, 63% of IPOs that came out this year are now trading below their list price. But despite the weak performance, overall the IPOs were still better than the S&P 500 Index. Year to date, the S&P 500 Index is down 11.5% compared with 6.5% reduction faced by the IPOs. Pandora, the online radio
According to the IDC Worldwide Quarterly Media Tablet and e-Reader Tracker, media tablet shipments worldwide grew 90% sequentially and 300% over the year in the second quarter to 13.6 million units. IDC forecasts 62.5 million units to be shipped worldwide in the remaining half of the year compared with 53.5 million units projected earlier. The
According to government statistics, no jobs were added last month in the U.S. Unemployment rates in the country remained flat at 9.1% and last month was labeled to be the weakest employment report for the economy since September 2010. Unemployment has been more than 9% in all but two months since May 2009. Economists estimate
Market reports estimate worldwide spending on traditional data centers to be worth $1.24 trillion annually. According to Fusion-io, nearly $260 billion of that spend is value wasted waiting for data owing to data center inefficiencies. Fusion-io, the recently listed storage memory platform provider, is targeting these annual data center inefficiencies.