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 […]
InMobi Snags Largest Investment Ever
Mobile advertising company InMobi has received a $200 million investment from the Japanese Internet company Softbank in one of the largest investments ever in the mobile Internet market. InMobi, which launched in 2007 in Bangalore, India now reaches over 340 million consumers in more than 165 countries, including the US. With more than 47 billion mobile […]
Search Engine Rankings Summer 2011
The mighty Google’s U.S. search engine market share has dipped below 65 percent for the first time since September 2009, according to latest report released yesterday by, digital intelligence service, comScore. Another major rating agency Hitwise, still shows Google’s market share at just over 65 percent, while Bing continues to make modest gains. According to […]