A little less than three months ago, Credit Suisse predicted that YouTube’s 2009 losses would be in the neighborhood of $470 million. Which is, of course, quite bad. But a new report from RampRate – together with info out of Microsoft – makes it look like Google’s video-sharing site is doing somewhat better.
Internet Wields Blade, Slashes Newspapers
Circulation throughout the newspaper industry fell again, its decline over the past six months rivaling some previous record drops. Blame the Internet and its growth for the deep hurting felt throughout print newsrooms across the US.
Google Slashes Size & Cost Of Its IPO
California based search engine, Google Inc., slashed both the size and cost of its initial public offer. The new price for the shares will be between $85 and $95.