Despite the unemployment rate being at 8.9%, its lowest level since April 2009, the housing market does not seem to be making a quick recovery. According to the National Association of Realtors, the median U.S. home price fell to $158,800, its lowest since 2002, in January. The median price has fallen 13% since June. Foreclosed homes continued
Founded in 1983 as a publishing house, Ancestry.com (NASDAQ:ACOM) has become the world’s largest online community of people interested in their family histories. Over the past three years, the site’s more than 1.4 million registered users have created 22 million family trees with over 2 billion profiles and 52 million photographs, scanned documents, and written stories
It seems that it was only analysts who were worried about cord-cutters disrupting the cable providers’ business. Last quarter’s results from cable services provider Comcast (NASDAQ:CMCSA) show that cord-cutting was a reaction to the recession. The improving economy is assuaging worries about cord-cutting as customers have been sticking with their cable providers and cable companies’ multi-service offerings
The widespread use of digital media by online health marketers is a point of concern in a complaint by consumer and privacy watchdog groups to the U.S. Federal Trade Commission. The commission has been asked to investigate regarding “unfair and deceptive advertising practices” available to consumers online. The group is concerned that while digital marketing
BIA/Kelsey estimates that the U.S. “deal-a-day” market will reach $4 billion over the next four years. The researcher pegs the U.S. market to be worth $873 million in 2010. Further, according to the report, 178 cities in the U.S. are served by the various deal-a-day companies. These offers reach more than 102 million people in
If Facebook, the social Web phenomenon, needed any more popularity, it got it through the Oscar-nominated movie, The Social Network. Based on the controversy surrounding Facebook’s founders, which arose from the claim that the concept was a rip-off of another social networking idea, Harvard Connection, the movie received eight Academy Award nominations, including one for best picture.
According to eMarketer, social gaming revenues in the U.S. are expected to increase 28% over the year to $1.1 billion in 2011 driven by sales of virtual goods and advertising spending. Revenues from virtual good sales are projected to grow 28% over the year to $653 million and advertising revenues at 60% over the year to
According to the U.N. Food and Agricultural Organization (FAO), 1.8 billion people will be living in regions plagued by absolute water scarcity by the year 2025. The agency predicts that two-thirds of the global population will be under “water stress conditions.” Global water shortages will drive the need for efficient water supply solutions not only