The video sharing site YouTube finished a busy day of deal with content providers with the announcement that it, too, had closed a big deal in being acquired by Google.
Portal Personalization Market To Reach $9.9 Billion
The market for enterprise portals is expected to grow from $1.1 billion in 2005 to a whopping $9.9 billion by 2012, as companies look for faster, efficient, and lightweight technology for their mobile work force. Companies are looking for portals that are customizable, as they adapt to the rapid pace of the new business world.
Telco Rollover Wins Verizon $50 Billion Lawsuit
Is this what they meant by “rollover minutes?” Verizon was slapped with a lawsuit for up to $50 billion last week over its involvement in supplying the National Security Agency (NSA) with customer phone records.
Telcos Lay $200 Billion Goose Egg
The U.S. is ranked 12th in broadband penetration, says AT&T CEO Ed Whiteacre, and in order to bring America up to speed through fiber-to-the-premises (fttp) wiring, content providers are going to have to pony up to use his “pipes.” He doesn’t mention that the new pipes to be built have already been paid for, and they’re very late in coming.
Cisco Connects With Revenue Of $7.3 Billion
The networking company saw its year over year revenue for the third quarter of 2006 improve by 18 percent but net income felt the impact of stock-based compensation expense and ended up matching last year’s reported net income.
Investing Googles $10 Billion
Recently, CNN.com ran an article titled “What should Google do with its $10 billion war chest?” It mentioned that Google’s $10 billion coffer is predicted to grow to $12 billion by the end of 2006.
Alcatel, Lucent Merge For $13.4 Billion
The French communications hardware maker Alcatel will mercifully end Lucent Technologies unfulfilled expectations and position the company to better face Cisco in the marketplace.
Google, AOL Finalize Billion Dollar Deal
The investment agreement that kept Google’s place as AOL’s search and advertising partner has been hammered out to the satisfaction of both sides.
Google To Sell Over $2 Billion In New Shares
Google is going for another secondary public offering, the third time it is offering fresh shares to the public.
Local Search Ads: $1 Billion In 2006
The paltry $420 million spent in 2005 on local search advertising was the calm before the nine-digit storm begins this year.