iBusiness News Network
Upstart Start Up Dropbox raises $250 Million in second round financing. Venture capitalists are willing to bet a quarter-billion dollars that the four-year-old upstart can take on tech heavyweights like Amazon, Apple and Google in online digital file storage world knows at The Cloud. Founded in 2007 by two MIT grad students, Arash Ferdowsi and [...]
Accounting Irregularities, or Creative Accounting may be the way to best describe what Groupon had originally highlighted in regulatory filings something it calls “adjusted consolidated segment operating income,” or adjusted CSOI. This Creative Accounting strategy may have been used to intentionally draw Investors and analysts attention away from the fact that the company is hemorrhaging [...]
iNetGlobal, Internet Service company, and a powerful force in Online Advertising comes roaring back. What’s the old expression, ” In like a Lion out like a Lamb?” Well iNetGlobal has come Roaring back in like a Lion. After a brief “Hiatus” iNetGlobal is back. Their new Acesse Search Engine is now consistently ranking in the [...]
An investment group led by Yunfeng Capital, Silver Lake and Digital Sky Technologies Global, and Singaporean investment fund Temasek Holdings has agreed to invest $1.6 billion in China-based Alibaba Group Holding, China’s largest e-commerce group. Yunfeng Capital, includes Alibaba Chairman Jack Ma as one of its founders. Hangzhou-based Alibaba operates China’s largest e-commerce website. The investment [...]
The iNetGlobal Fall Sales Bootcamp webinar begins on Saturday September 24th at 9am, and will run through 5pm. Their promotion invites iNetGlobal Consultants to ” Bring your sales team and perspective consultant for a full day of training and motivation!” The Bootcamp will be hosted by iNetGlobal Marketing Director, Steve Allen. iNetGlobal provides Online Advertising [...]
Looks like Aces & 8′s for Full Tilt Poker, originally established in 2004 with the help of a number of high profile professional poker players, has quickly became one of the best known online poker rooms in the industry. Full Tilt Poker has successfully managed to create a dominating presence within the online poker community. [...]
Major Internet Advertising players, AOL – Microsoft – Yahoo are teaming up to compete against Google and Facebook in the Display Advertising market. The market which has long been dominated by Yahoo has seen the balance of power shift over to Google. The Display Ad market has massive growth potential. Zenith Optimedia projects that display [...]
iNetGlobal September Promotion kicks off with a bang! iNetGlobal is a direct sales company, that markets Internet Services to Small to Medium Business (SMB). (Exerpt from iNetter) SMB is an $800 Billion Market in the US alone. Small and midsize businesses represent 99.7 percent of all employer firms in the U.S., according to the Small [...]
The big news today is 360Buy.com (aka Jingdong Mall) has announced it is planning an IPO which hopes be in the range of $4-$5 Billion US, which could be the richest IPO to date. The public offering would eclipse the recent LinkedIn at $400 Million, or even Google all time record of $1.9 Billion back [...]
Well the biggest news last week was all about AOL and Yahoo. First, AOL has stressed relations with the newly acquired TechCrunch over dumping founder and former editor-in-chief Michael Arrington. Then the Yahoo debacle over firing CEO Carol Bartz over the phone. Now, Bloomberg is reporting that AOL CEO Tim Armstrong is talking with advisers [...]
