The United States has 54.6 million broadband households, while China has 46.6 million; the two countries comprise the largest broadband markets in the world.
On a global scale there were 250 broadband households at the end of 2006.
Google Checkout Promotions Cost $58 Million Last Year
Nathan has uncovered the dollar amount Google spent in promoting Google Checkout in 2006 – $58 million. As Nathan points out, that’s the amount spent in promotions and $10-$30 coupons by Google, in an attempt to take some market share from PayPal.
Nathan adds…
Why Topix Should’ve Saved its $1 Million
The WSJ’s Kevin Delaney, provides a broad overview of the issues web site owners face when switching their web site from one domain to another – usually via a 301 redirect. The story focuses on Topix.net…
Eons Earns $22 Million In Funding
It’s not every day that a press release begins with the words “BOOM BOOM BOOM,” and yet that’s exactly how Eons, a media company that caters to the 50-plus crowd, chose to announce its receipt of a fresh $22 million in funding. It looks like there’s plenty o’ life in Eons yet (and hopefully in its users, as well).
SEO Firm Secures $70 Million In First Round
In a press release, Vantage Media has announced that it has concluded a $70 million Series A preferred financing that is led by Montgomery & Co. Scale Venture Partners. Two others who participated in the round were Tudor Ventures and Integral Capital Partners.
Retrevo Pulls In $3.2 Million
Retrevo, which has labeled itself “the ultimate in consumer electronics search,” reportedly became $3.2 million richer today. The company acquired the money through a venture financing round.
SearchEngineWatch’s Eric Enge broke the news, and according to him, “The round was led by Norwest Venture Partners (NVP), and Alloy Ventures, a Series A investor, also participated . . .”
Online Dating To Reach $932 Million
The US online dating market continues to grow but faces a slow down in the number of users paying for access, according to a study by JupiterResearch. European online dating sites are growing as well and are attracting new users. Revenues will double from 243 million euros in 2006 to 549 million euros in 2011, according to the JupiterResearch online dating forecast.
US Spends $130 Million Daily On Spam
If the CEO wants to know how to save some money from being wasted each day, tell her the best people she can pressure aren’t the employees, but the company’s federal Congressmen.
Forget about gathering all the staff in one room and telling them how they are money-sucking time wasters. The problem may not be their fault. Spam could be to blame.
LinkedIn Gets “HookedUp” With $13 Million
LinkedIn has been done pretty well for itself; over 9 million “experienced professionals” have joined the online network, and a value of about $250 million was placed on the company. It’s surprising, then, that LinkedIn recently went to the trouble of collecting $12.8 million more in a round of financing.
Wikio Receives $5.3 Million In Funding
Wikio, which is basically a European version of Digg (more on that later), just received a considerable amount of funding to continue its growth. Reports indicate that Lightspeed Venture Partners and Gemini Israel Funds have endowed the company with $5.3 million.