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Posted
Sep 02 2008, 09:50 AM
by
Kim Peterson
Rating:
Google's coming out with a browser today, and that has people fired up about a new browser war. But I think this goes beyond the browser wars of years past. What we're seeing is the next stage of the already raging battle between the browser and the operating system. Yes, Google is going after Microsoft where it hurts, but I don't mean Internet Explorer. I'm talking Windows, Microsoft's bread and butter. The gist of Google's announcement is that, when you get into the nuts and bolts of it, today's browsers aren't sophisticated enough to support the increasingly complex Web applications of today. And those Web applications? That's Google's future.
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Posted
Sep 01 2008, 09:28 PM
by
Andrew Horowitz
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The browser war just heated up. Actually, it has now gone nuclear. It was one thing when open-source Mozilla had a "cute" idea for an Internet browser and was considered a fringe product, but it's now quite another since they have effectively stolen approximately 20% of the market share over the past five years or so.
Now Google, the market share leader for Internet search, is looking to chip away even more from Microsoft's foothold by introducing a browser of their own. Available in a beta version, Chrome is Google's open-source browser entry and hopes to gain traction with its legion of loyal followers that are devoted Google-ites. That could easily push it into third place, just behind Firefox but ahead of Netscape, Opera and Safari
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Posted
Aug 22 2008, 01:37 AM
by
Charley Blaine
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Here's something the top management of Yahoo may wish nobody noticed.
The stock is now lower than its $19.18 close on Jan. 31, the day before Microsoft launched its $33-a-share, $44.6 billion offer for the Internet company. (Microsoft is the publisher of MSN Money.)
Yahoo closed Thursday at $19.11. On Wednesday, it closed at $19.17.
While Yahoo can say it fought off Microsoft and a potential proxy fight from activist Carl Icahn, the victory has been costly. And not just because the company spent $36 million waging the fight
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Posted
Jul 25 2008, 08:01 PM
by
Andrew Horowitz
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How about we play a game, shall we? It goes like this: I say a term and you tell me the first thing that comes to your mind. Ready?
What do you think of when you hear the word recession? Did you think slowdown or inflation? What comes to mind with the word write-offs? Did you think earnings growth? How about record commodity prices? Do you immediately think of increasing revenues and profits?
I bet you thought of several phrases and words associated with a general economic slowdown, but not those above. I asked because a curious situation is occurring within our markets. For example last week many of the companies reporting earnings showed an increase in year-over-year revenues and actually beat estimates. Of course this isn't the norm this quarter, but even so, it is a peculiar occurrence.
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Posted
Jul 25 2008, 05:56 AM
by
Douglas McIntyre
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China now has more people online than the U.S. -- 253 million to be exact. The China Internet Network Information Center says that the number of internet users was up 56% from June last year.
The AP writes that "The United States had an estimated 223.1 million Internet users in June, according to Nielsen Online." Given the Chinese grow rate, the gulf is likely to get much larger over the next several years.
Online businesses on the mainland are still small by U.S. standards, which gives companies like Yahoo and Microsoft a chance to compete with Google while the industry is still immature
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Posted
Jul 18 2008, 09:34 AM
by
Kim Peterson
When Google and Microsoft report earnings on the same day, you know the market is going to respond in a big way. This time, the numbers were disappointing, and tech stocks are dragging this morning. Google shares are down 10% to $480.31, and Microsoft shares are down more than 7% to $25.50. Let's check in with what some of the big brains are saying about the companies:
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Posted
Jul 10 2008, 06:27 AM
by
Douglas McIntyre
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Steve Jobs sees that smartphones -- especially the Apple iPhone -- are the future of computing. Who needs a PC when a handset will do?
To get to Jobs' goals, Apple "will open its App Store, an online bazaar that will attempt to do for mobile applications like games, reference guides and other software what Apple's iTunes Store has done for music," according to The Wall Street Journal. Jobs calls his new phone a "computing platform."
Apple may have gone a bridge too far.
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Posted
Jun 16 2008, 11:34 AM
by
Kim Peterson
Does Yahoo hate its shareholders? That's being suggested by The New York Times' Joe Nocera, who sent CEO Jerry Yang a nastygram over the weekend. Nocera writes: "In fact, Jerry, as a board member since Yahoo went public, it has always been your job to look out for Yahoo’s shareholders. But we sure wouldn’t know that from the way you’ve acted these past months. I haven’t seen this much contempt for shareholders since Robert Nardelli ran Home Depot."
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Posted
Jun 13 2008, 09:41 AM
by
Kim Peterson
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Any way you look at it, yesterday was a dark day for Yahoo. The stock crumbled 10% after the company confirmed a Microsoft deal was dead. Three key Yahoos announced they were leaving, adding to the ongoing employee exodus. Yahoo announced an advertising sales deal with Google, but it wasn't significant enough to sway angry shareholders. The company's stock isn't faring any better today -- down 6% on heavy volume to $22.14 at 11 a.m. PST.
We won't see the full implications of Yahoo's moves for a while. Clearly, Yahoo needed breathing room, and outsourcing some search business to Google accomplishes that. Yahoo gets Microsoft and Carl Icahn off its back and can figure out a new strategy -- and it gets a new source of short-term revenue. But Yahoo has let Google in the front door, and now risks the possibility
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Posted
Jun 12 2008, 01:04 PM
by
Kim Peterson
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Some of that stampeding sound on the Street today came from Yahoo investors running for the exits. Shares of the company are down 11% on huge volume to $23.37 after the company said all merger talks with Microsoft are dead. Microsoft had zero interest in renewing any talks, according to a Yahoo statement. Microsoft shares are up 4% today to $28.29.
Yahoo and Google are reportedly set to announce some sort of partnership this afternoon. Stay tuned.
Update: Yahoo hired Google in a nonexclusive deal to sell some online ads in the U.S. and Canada.
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