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.
They're arguably the most annoying video ad formats in existence, but soon they'll be a thing of the past, at least on YouTube.
On Thursday, Twitter reported its earnings for Q4 2016, and the results have raised questions about the company's long-term future.
From its $1.5 billion air cargo hub to its growing network of contract last-mile delivery drivers, Amazon is increasingly looking like a logistics company; but shipping and logistics giant FedEx isn't sitting idly by.