Reuters reports that News Corp. Chairman and CEO Rupert Murdoch is predicting Internet revenue at the company will rise to nearly $500 million in fiscal year 2007. The company, best known in the Internet space for last year’s acquisition of MySpace for $580 million, is expected to bring in $350 million in Internet revenues in calendar year 2006. Not too shabby.
Despite the fact that it faces growing competition from Facebook, Instagram and Snapchat, Google-owned YouTube is still one of the most popular ... read more
Amazon prides itself on being the most “customer-centric” company in the world, but according to investigative journalism non-profit ProPublica, Amazon’s algorithms are often anything but ... read more