Archive for September, 2008
Futures Rise On Hopes For Reviving Bailout
Stock index futures rose on Tuesday, pointing to a partial rebound from Wall Street’s worst slide in more than
20 years, as investors bet that Washington will work to revive a plan to stabilize the U.S. financial system.
Even though the House of Representatives rejected the proposed $700 billion rescue plan on Monday, investors still hope that [...]
Obama Urges Bailout Bill’s Passage
RENO, Nevada (Reuters) – Presidential candidate Barack Obama urged lawmakers on Tuesday to return to the negotiating table to work on a financial rescue deal and offered a new proposal he said could help attract support.
The Democratic White House contender suggested raising the limit on bank deposits guaranteed by the federal government to $250,000 from [...]
Wild Times in the Credit Markets
Think stocks are volatile? The dislocations in the credit markets are even more serious, and they pose a greater threat to the economy
With the financial system bailout plan derailed by the House of Representatives on Sept. 29, the resulting plunge in equities made headlines around the world. But while the stocks gyrate, it’s important to [...]
Analyst: Google Maps Reigns Supreme
Cowen & Co., an industry analyst firm that specializes in covering Web services, released a statement today discussing its findings on the success of online mapping solutions.
To no one’s surprise, the analyst found that Google Maps is the de facto leader in the space, while its rivals, Yahoo Maps, MapQuest, and Live Search Maps have [...]
Whole Travel Launches Rating System To Keep Eco-Friendly Hotels Honest
The “green” incarnation of travel, called ecotourism, mandates that travelers minimize their cultural, economic, and environmental impacts as much as possible to promote sustainability. But while there are thousands of hotels worldwide that promote themselves as “green”, many of them are only partially fulfilling these requirements – they might not be wasting energy, but are [...]
New Facebook Home Page, New Facebook Tagline Means Too Many Marketing Meetings At Facebook
Facebook launched more than a new iPhone app this evening – they also have a new home page (the page you see when you aren’t logged in) and a new tagline. Gone is all the descriptive language suggesting you sign up to “Keep up with friends and family,” “Share photos and videos,” “Control privacy online,” [...]
Sprint’s WiMax: Comcast Who? We’ll Choke BitTorrent If We Want To
Most interesting about Sprint Nextel’s (S) new ‘Xohm’ high-speed WiMax service, going on sale today in Baltimore: The wireless Internet service’s terms give Sprint the option to slow down your Internet connection based on which software you’re using. From the company’s “acceptable use and network management” policy:
Financial Crisis Shock Waves Reach Municipalities
Jefferson County, Ala., may be headed for the largest municipal bankruptcy ever. With the economy shrinking, it may not be alone
It’s not just on Wall Street where dubious financial decisions are creating casualties. Municipalities, many of which made enormous financial promises when the economy was strong, are now confronting heavy fiscal burdens.
Credit Crunch on Main Street
Defaults on corporate loans have jumped, lenders to McDonald’s franchisees are strapped, and big names like GM are facing liquidity problems
A growing number of companies are already feeling the heat. As of Sept. 9, 57 companies had defaulted on $45.3 billion of debt for the year, according to S&P RatingsDirect, up from 22 companies defaulting [...]
Washington Tries to Wrap Up the Bailout
White House and party leaders must sell a revised financial rescue to Congress, with a wary eye on market reaction
Is the deal finally on?
Lawmakers from both parties once again announced the broad framework of a pact on Sunday afternoon, Sept. 28, to rescue U.S. financial markets. Many details of Treasury Secretary Henry M. Paulson Jr.’s [...]
Flurry Offers Free Analytics for iPhone, Android, and JAVA ME App Developers
by Doriano “Paisano” Carta
Flurry has just announced the launch of its free mobile application analytics service that will give developers a great deal of information regarding their mobile apps. The unique aspect of this service is that it will offer analytics across multiple platforms including the iPhone, JAVA ME, and Android.
Google Bucket Tests User-Defined Blurb Length In Search Results
Google seems to be bucket testing a feature that allows users to specify how detailed the summary blurbs in their search results will be. In an ongoing discussion here, one user comments that the three available options are Small (which omits a summary entirely), Medium (the current default length), and Long (which is around four [...]
SkyDeck Raises $3 Million To Manage, Enhance Your Phone Bill
by Jason Kincaid
SkyDeck, the site that uses your mobile phone bills to help you manage and analyze your relationships with your peers, has closed a $3 million Series A funding round led by Saban Ventures. The round brings SkyDeck’s total funding to $4 million, as it had previously raised $1 million in angel funding.
Credit Crunch Could Prove Costly for Boeing
Unless there’s some break in the credit-freezing financial crisis, industry-watchers say, potential buyers may hold off on taking their planes or be forced to turn to Boeing for financial help.
“We believe that the amount of funding from traditional aircraft financing sources is shrinking and that Boeing’s customers may face near-term challenges financing aircraft purchases,” Goldman [...]
Yahoo, We Can’t Afford A Monopoly In Search Advertising Even If It Kills You
Yahoo and Google aren’t holding anything back in their effort to win our hearts minds in the search marketing war. Or rather, Yahoo’s surrender in that war as they prepare to include Google Adsense ads in their search results.
Google Patent Unveils Link Penalties
Patents are used by companies worldwide to protect their unique systems or ideas, but the nature of them also means that companies must give out significant details about how their system works. Google is no exception to the rule, and they have registered numerous patents to protect their IP, including their PageRank technology.
4 Tips to Optimize Your Images for Search Engines
Aside from regular text search, image search has become one of the fastest growing vertical search categories. It’s also become even more important with the introduction of Google’s universal search as images have an even stronger power to drive traffic to your site.
Obama tells Bush: help US motor industry now
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