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27 Jun 2009 17:08

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Biz, Tech: Google and Facebook are in a bare-knuckles fight to own the Web

  • In one ultra-organized corner … Google Google’s been on top of the heap for nearly a decade, and it’s a firm hold. They’ve built themselves around the idea that the Web’s organization should be simple. Their ads are well-targeted, and their services – especially search, Gmail and News – are incredibly useful. They made $4.2 billion last year alone.
    However, they have one big problem: They can’t convince the brands of Madison Ave. to work with them.

    source
  • In one ultra-organized corner … Google Google’s been on top of the heap for nearly a decade, and it’s a firm hold. They’ve built themselves around the idea that the Web’s organization should be simple. Their ads are well-targeted, and their services – especially search, Gmail and News – are incredibly useful. They made $4.2 billion last year alone.
    However, they have one big problem: They can’t convince the brands of Madison Ave. to work with them.

  • And in a more social one … Facebook Facebook, on the other hand, is building influence and currency on the Web. They’ve got critical mass, and, smartly, didn’t even focus on competing with MySpace. They want to be the new Google, and have just the right arrogant CEO to pull it off. Their hyper-focused information means they can focus on advertising for brands.
    However, they have one big problem: They keep pissing off their customers by evolving too quickly. source

27 Jun 2009 13:28

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Biz, Offbeat: This Pringles ad is so entertaining, we can’t stop clicking on it

bestadever0627
  • If all ads on the Internet were like this one, we’d click them every single time. However, we’d get nothing done. Thanks Pringles!source

27 Jun 2009 13:02

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Biz, U.S.: Ruth Madoff is gonna be (relatively) slummin’ thanks to a judge

  • $2.5 million to survive on for the rest of her life. Oh no source

26 Jun 2009 20:57

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Biz, U.S.: The U.S. wants Bernard Madoff to stay in prison for a long while

  • 150 years they want of weekends at Bernie’s prison cell source

26 Jun 2009 17:41

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Biz: For sale: Former gem of a newspaper, based in Boston. Loses lots of $$$

  • $123 million Assets of the Boston Globe, which the New York Times company is trying to sell quickly, along with (possibly) a second paper source

26 Jun 2009 16:35

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Biz, Offbeat: Someone paid way too much money for lunch with Warren Buffett

  • $456,789 for an Old Money Buffet source

26 Jun 2009 13:13

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Biz, U.S.: Michigan begins its abusive relationship with General Motors anew

  • General Motors decides to make a car in Michigan again. You know the story: State hosts corporation, state becomes dependent on corporation, corporation decides to offsource most of its work, state goes into economic seizure, corporation goes bankrupt. Sounds sweet, doesn’t it? Well, Michigan – 14.5% unemployment and all – plans to go back to its mistress and let them make cars in Michigan again. The Spark, unlike most of GM’s recent hogs, is small and compact – and it’s gonna be made in Michigan. Maybe this could be the start of a brand new relationship where GM screws them over again. source
 

25 Jun 2009 10:47

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Biz: Based on our GDP, the economy appears to be on the Atkins diet

  • -5.5% decline in GDP in the first quarter of ’09 source

24 Jun 2009 22:52

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Biz, Tech: Warren Buffett thinks Steve Jobs shoulda said he was having surgery

  • If I have any serious illness, or something coming up of an important nature, an operation or anything like that, I think the thing to do is just tell – the Berkshire shareholders about it. I work for them.
  • Warren Buffett • On what he would’ve done if he was having the kind of surgery Steve Jobs did. Jobs needed a liver transplant and got one back in April. But the world didn’t know about it until just the other day. Not that Apple particularly missed him: Their stock is up 60% this year, most of which he’s been out on medical leave. • source

24 Jun 2009 10:19

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Biz: People are buying more stuff they don’t have to replace immediately

  • +1.8% increase in durable goods in May source