»
Yahoo and IAC InterActiveCorp will ultimately be sold and/or split up, while two players, Google and Amazon, will weather the current economic downturn beautifully, according to a new report from Sanford C. Bernstein analyst Jeffrey Lindsay.
eBay is likely to become a merger target, the report - titled U.S. Internet: The End of the Beginning - predicts (via Reuters).
Lindsay says Yahoo will ultimately be sold to Microsoft, and that IAC will move forward with its planned, 5-way split.
Google and Amazon continue to see growth of 30 percent to 40 percent, and Lindsay expects only a modest slowdown.
Google, however, does have one Achilles heel: the company has not yet voiced a strong strategy to achieve the same level of growth on the emerging mobile internet as it has on the web.
Lindsay also predicts that Amazon and eBay will eventually be forced to pay state sales taxes, which might actually work in their favor. As large companies, they have more resources to put to work collecting such taxes than smaller ecommerce companies.
In February, Yahoo rejected an offer from Microsoft, but reports say the two companies are still engaged in a mating dance.
Radio stations in the U.K. reacted with outrage when they learned of a report by researchers from the University of the West of England which accused them of promoting excessive drinking.
The study looked at 1,200 hours of radio output,…
General Motors posted sales of 308,817 vehicles in August. That’s a drop of 20 percent from August of last year - but 31 percent better than July.
In order to boost sales as much as possible during a time when…
A new digital out-of-home network to reach golfers is launching to 100 retail locations in the next two months. The network will be available in Dunham’s Sporting Goods, Golf Etc., Golf USA, Pro Golf, and ParMasters, among others.
Fox says that viewers’ attention to commercials is higher when fewer commercials are aired. The revelation comes as a result of testing the network has done for its freshman thriller, Fringe, which will premiere Sept. 9 with limited commercials and shorter…
Worldwide sales of mobile phones will reach 1.28 billion units in 2008 - up from 1.15 billion units in 2007 - an 11 percent increase from last year, according to Gartner, Inc - (via MarketingCharts).
While the mobile phone market is poised for…
Consumers in all income segments are cutting back spending, and doing so to a greater extent recently than at the beginning of the second quarter, according to a comScore study examining changes in consumer attitudes and perceptions about the U.S. economy…
