Skype founders unlikely to find Ebay stand-in for Joost 24 Apr 2009 The pair hit a home run when they sold Skype to Ebay for $3.1bn. Now they re said to be looking to sell online video site Joost. They ll be hard pressed to find an eager buyer. Joost is no Skype and the internet openness bubble has deflated since Ebay s fat payout.
Murdoch gussies up MySpace in bid to keep Google 23 Apr 2009 The social network is considered one of News Corp's savviest buys. But the odds of MySpace renewing its rich advertising contract with Google are dimming. It is falling behind Facebook and it needs to turn around quickly. That explains why MySpace founders just got the boot.
Google is human after all – just barely 16 Apr 2009 The search giant s revenues fell last quarter for the first time in its short history. It seems advertising woes are denting its moneyspinning internet business. Still, compared to its brethren, Google looks wellpositioned to weather the downturn by increasing its dominance.
Personal view: Amazon’s Kindle is understated thriller 15 Apr 2009 The electronic book reader may not quite have the iPod s wow factor. But it does open up myriad options in a similar way. Aside from books, you can get newspapers on it in real time. It lets you carry around reference works. It can even read to you. Richard Beales is hooked.
Skype IPO should be appetiser for Ebay breakup 14 Apr 2009 The online auctioneer plans to float the profitable internet calling service in 2010. That s good news for shareholders. The fit was awkward, and Skype could fetch $2bn handy cash for Ebay s struggling auction unit. But to really help the shares, Ebay should unleash Paypal too.
Ebay should swallow bitter pill of Skype sale 13 Apr 2009 The internet calling service s founders are hatching a plan to buy it back from the online auctioneer for less than they sold it for. That may seem less than tempting for Ebay. But Skype ties up capital and distracts the company s management. Ebay should sell it now.
Twitter: is it a fad or the future? 6 Apr 2009 The online instant update service has become a media sensation and a supposed target for the likes of Google and Facebook. Jeff Segal investigates whether the moneylosing operation is an overhyped flash in the pan or a real business opportunity.
Is Facebook gearing up for an IPO? 1 Apr 2009 That s the talk of Silicon Valley after booting its CFO for Netscape s former finance chief. An IPO seems risky given Facebook s model is still unproven. But the capital it raised in better times may have had strings attached that could force an offering.
Google VC fund shouldn’t be zany side pocket 31 Mar 2009 The internet giant has launched a venture capital arm with $100m. This looks a formality Google has funded new businesses for years. Shareholders may worry that it s simply a repository for the wackiest ideas. One way to defuse such fears would be to bring in outside money.
AOL’s condition needs more than a great doctor 13 Mar 2009 The former internet highflier has hired hotshot Google sales boss Tim Armstrong. That suggests a spinoff from Time Warner is near. The separation can't hurt, but Armstrong will need some luck or magic in addition to his skills to get the fading AOL off its deathbed.
Google presents a problem for the DJIA 13 Mar 2009 Citi and GM's nearpenny stock status may get them booted from the benchmark US stock index. Google seems a sure standin given the Dow's history of reflecting the technology of the times. But its inclusion would distort the entire index. The DJIA s structure needs a rethink.
Ebay’s future lies in payments not auctions 11 Mar 2009 The company's analyst day made clear that future growth will come from Paypal. While its core marketplace expects flat sales, Paypal's revenues could double over the next three years. A spinoff would let shareholders reap the full benefit.
Google should Google this: dividend 5 Mar 2009 By 2010, the search giant should have $21bn of cash piled up. CEO Eric Schmidt says the company plans to sit on it. Google can finance acquisitions from cash flow, and it s no longer the growth stock it once was. It should return money to shareholders.
MySpace may slow but Murdoch’s in the money 5 Mar 2009 The mogul s purchase of MySpace looked kooky at the time. But it's been a lesson in good timing. Even if its headiest years of growth have passed, as some defections suggest, News Corp made it pay off.
Yahoo’s search gains strengthen its hand 19 Feb 2009 New data shows Yahoo gaining search market share for five months running. And it just added video and image advertisements to its listings. It s becoming a tastier morsel for Microsoft and showing search king Google that its dominance has limits.
Web 2.0 economy has further to fall 17 Feb 2009 Blogging service Twitter s latest round of financing valued it at $250m half of what it was looking for three months ago. Social network Facebook s stilloutsized value has been slashed by three quarters. Even these figures may reflect wishful thinking.
Google’s mobile locator not as barmy as it sounds 4 Feb 2009 Tracking people by their cell phones may seem like an invasion of privacy. But like other jazzy inventions, this one could have some practical applications. And even if those don t pan out, it s another sticky way for Google to bring in the eyeballs.
OpenTable IPO may not be fine dining for investors 2 Feb 2009 The sadbuttrue adage is that the credit crunch has made fancy restaurant tables easier to come by. Yet online reservation service OpenTable just filed to go public. The company may have a strong following in the fine dining set, but its prospects look less than appetizing.
Death threats and saliva challenge blog business model 28 Jan 2009 The founder of influential Silicon Valley blog Techcrunch is temporarily giving up after being spat on in Munich and receiving death threats. That's understandable. But this highlights the keyman risk that could keep this emerging medium from hitting the big time.
Can Netflix sustain its torrid growth rate? 27 Jan 2009 The DVD rental service just announced big revenue growth amid a banner quarter. Cashstrapped consumers seem to be trading in movie tickets and cable extras for monthly subscriptions. But Netflix will need to make a bigger digital push to make this a lasting trend.