Abundant Venture Capital Powers Glassdoor

According to recent reports by the Bureau of Labor (BLS), the unemployment rate in the country continues to go down. In September last year, over 126,000 nonfarm payroll jobs were added in the private sector in the country. Unemployment claims are down to their lowest since 2007 with unemployment rate for women falling to 6.7% in September and that for men at under 8%. With the job market improving, people can better afford to select the company they would like to work with. To help them with their search, many turn to online job reviews site, Glassdoor.

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Oracle Focuses on Digital Marketing

According to a Gartner report, by the year 2016, a majority of the enterprise IT spending will be on cloud offerings. Researcher IDC projects the current worldwide cloud services spend at $9.6 billion. The market is projected to grow 25% annually over the next five years. Most tech giants have recently been focusing their efforts on diversifying from hardware sales to software and cloud services. Oracle (Nasdaq: ORCL) is one such player who seems to be succeeding in its efforts to transform itself to a SaaS and cloud computing software focused organization.

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Disney Counting on International Growth

According to a PwC report on global entertainment, the consumer demand for entertainment and media (E&M) services is projected to grow 5.6% annually over the next five years to $2.2 trillion by 2017. Digital entertainment will be among the fastest growing media with growth rates of 11.9%. By region, there are eight markets of China, Brazil, India, Russia, Middle East and North Africa, Mexico, Indonesia, and Argentina that are projected to see the most growth, with their share rising from 12% in 2008 to 22% of the global E&M market by 2017. Entertainment services powerhouse, Disney, is gearing up to cater to these growing markets.

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Can Hulu Replicate the Success of Netflix?

Over the last year, online streaming player, Hulu, has toyed with several ideas for future growth. It had evaluated ideas ranging from becoming a publicly listed company to selling the business to other online players like Yahoo. But of late, the company has decided to stay independent and continue to invest in its own growth. Recently published reports suggest that the investment has paid off as Hulu has managed to deliver strong growth.

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Xoom Focuses on International Expansion

According to the World Bank, India is the largest market for inward remittances of funds. The country is expected to receive $71 billion in remittances this year. China is the second largest market with inward remittances expected at $60 billion. India’s remittances are projected to grow 9.4% annually to $85 billion by the year 2015.

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Accenture Continues to Grow Through Acquisitions

According to market researcher, Source Information Survey, the U.S. market for management consulting reported growth of 8.5% last year to $39.3 billion. This growth was driven by consulting services for marketing and sales, which grew 26% during this period, followed by operational improvement consulting business, which reported growth of 11.3%. IT consulting services market grew 10.1% during the year.

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For-profit Education Sector Still Under Scrutiny

The for-profit education sector was in the news recently when President Obama mentioned in one of his gatherings [press conferences?] that they were “making out like bandits.” The president has been vocal about how the for-profit industry admits students, gets federal funding but have low graduation rates. He mentioned how the government was going to spend time during the next year to connect with professors, faculty members and students to rate good schools whether they are for-profit or nonprofit.

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Electronic Arts Preparing for Next-Gen Console Market

Gaming aficionados have been waiting for this holiday season when both Microsoft and Sony released their next-gen consoles. XBox One and PS 4 are touted to be the biggest upgrades for the gaming console market and are being called the next-gen consoles. These machines come equipped with higher processing power and memory, making them capable of delivering faster and improved gaming action. But these consoles can be successful only if gaming publishers develop relevant games. For now, publisher Electronic Arts (NASDAQ:EA) seems to be prepared to handle this challenge.

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OpenTable Prepares to Battle Apple

Recently, the restaurant technology market made news when none other than the tech giant Apple filed a patent application with the U.S. Patent & Trademark Office for a new ordering and reservation system that could work with their products. Apple’s patent application covers systems, methods, and storage media that will help with making reservations and maintaining a wait list for a resource at a restaurant. Essentially, that is what OpenTable (Nasdaq: OPEN) does for a living and as a reaction, the company’s stock did take a bit of a tumble from the two-year high it had touched after the announcement of its Q3 results.

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Zulily’s Successful IPO

According to the Euromonitor, the North American retail market was worth $3.1 trillion last year with online sales accounting for $183 billion of the retail sales. The researcher estimates that the North American online retail market will grow 14.5% annually to $360 billion by 2017. Within the online retail sales market, flash sales are an upcoming trend, but not all of them are as successful as the mom-focused site, Zulily.

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