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POPSFacebook Ramping Up For Expansion: Recruiting Employees As Facebook ramps up hiring from about 1,000 employees today to as many as 1,200 by the end of the year, the social networking giant is recruiting technical and business leaders from some of the best known firms in Silicon Valley to help accelerate its financial performance.
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POPSiTunes Eats Amazon's Lunch Even though Amazon's mp3 store isn't making much money, don't expect it to fail or go away -- record labels want viable online retail alternatives to iTunes, so Steve Jobs can't tell them what to do.
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POPSGoogle Gets Go Ahead All signs indicate that the EU is feeling more favorably disposed towrd Google than toward MSFT. Big fines for Redmond; hand wave for Google. Or, it could simply mean that the EU is more interested in letting deals go thru--and vexed when companies don't live up the terms laid out for violations. If that's the case, then the EU would probably not play a huge role in whatever MSFT-Yhoo-Goog combination results from the current merger proposals.
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POPSMicrosoft, Yahoo and the Innovator's Dilemma Over a decade after it publicly committed to the Internet and took on Netscape, Microsoft still has not opened the aperture to new and different business models, still has not thought outside the box about what the Internet is and can be. Unless it handles the Yahoo acquisition correctly – by maintaining an appropriate degree of autonomy, or, as Blodgett calls it, leaving it free to destroy the mothership – Google’s disruptive march will continue.
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POPSYahoo Sells Music Service to Rhapsody Yahoo ( YHOO Unlimited Music was a service as was stated in the Techdirt piece below, a service designed to fail. They bought the wonderful MusicMatch player only to dub it down and screw it up for use as the Yahoo Unlimited player, and now they are selling their subscriber base to Rhapsody owned by Real Networks , the clear leader in the music subscriptions category.
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POPSBlodget's MicroHoo! Solution Former analyst turned blogger Henry Blodget has offers up his ideas about how MSFT & YHOO should combine forces. It's a pretty interesting strategic idea--but falls apart over issues such as leadership and execution. Steve Ballmer wants to make this deal happen. The idea that he'd delegate the whole thing to somebody in an organization where he has a mere 51% ownership sounds like a tough sell.
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POPSIs GOOG Too Good? Strange thing about public companies...you have to win, but you can't make it look too easy. Google is eating up market share so fast that Henry Blodget worries it can't keep up a steady diet--and that may mean a hit to its ever-more-ginormous stock price.
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POPSHenry Blodget: Skype Could Sell for $4B Skype fanboy (and former Wall Street analyst) Henry Blodget is hoping that eBay decides to dump Skype. He figures it will go for about 10x revenues of $400M. If Google buys it, it could be an interesting fit with Google's GrandCentral, Android, and all of Google's other communications schemes....
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POPSBust 2.0 Begins? Henry Blodget, of alleyinsider.com, has been harping for weeks on signs that the Internet economy might be headed for a downturn, starting with a drop in mortgage ads following the subprime real estate loan blow-out. Now Nielsen reports that the top ten Web advertisers dropped spending September. Haven't spotted this much elsewhere, but Blodget has been making a good case.
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POPSDemocratizing search Could flesh-and-blood human beings do a better job in online search than the algorithms and bots that power the search engines of Google (GOOG), Yahoo! (YHOO) and Microsoft’s (MSFT) MSN? iRazoo, a privately held start-up that is touting its “social search” features is hoping so. iRazoo, which launched its new site Monday, is putting a unique twist on search engine results...
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POPSNails on ITWO i2 Technologies took a beating on Wall Street last week, losing 30 percent of its share value after announcing earnings of 13 cents a share on revenues of 65 million dollars. Analysts had expected earnings per share in the 22 cents range. i2 subsequently announced the retirement of CEO Michael McGrath as a result. The column below is by Lenny "Nails" Dykstra, who is now a columnist for TheStreet.com. I find it entertaining that a guy who played "all out" for the Philadelphia Phillies and New York Mets is now a Wall Streeter. The most vivid memory of Dykstra I remember was the 1993 World Series when TV cameras showed Dykstra, then with the Philadelphia Phillies, sitting in the dugout next to manager Jim Fergosi. Dystra was smoking a cigarette and chewing tobacco...at the same time! The dude was crazy then and may still be. He things i2 is a good buy. Maybe I'm crazy too. I agree with him! i2's product line is solid and they continue to grow in customer base.
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POPSMicrosoft getting serious about buying Yahoo! Maybe, just maybe, the recent "losses" to Google in acquiring DoubleClick and YouTube were Microsoft's way of goading Google into acquiring those companies so that Microsoft could more easily acquire Yahoo without any anti-trust problems. Possible?
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POPS10 Worst Internet Acquisitions Ever Ever heard of "MySimon"? CNET paid $700 million for it in '99. What about the online greeting card site "BlueMountain.com"? Excite@Home paid $780 million for it. So many billions of dollars down the drain.
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