Thursday, February 21, 2008

World's Most Expensive Homes

Beverly Hills$165 million - Beverly Hills, Calif.
Once owned by newspaper magnate William Randolph Hearst, this expansive villa sits on six and a half acres in Beverly Hills.

A massive 75,000 square feet of living space is spread across three stories. The home boasts 29 bedrooms and 40 bathrooms.

The home was built in 1926 in the style of a Mediterranean villa and was featured in the 1972 film The Godfather. The compound comprises six buildings, three swimming pools and a movie theater.


$140 million - Bran Castle, Brasov, Romania
Once inhabited by Romanian prince Vlad the Impaler, the inspiration for Count Dracula, this castle, built in 1212, sits on 20 acres.

The 17-bedroom castle rests on the top of a cliff and offers views across the countryside and surrounding mountains.

The current owner, Dominic von Hapsburg, is running the home as a museum.

Updown Court Windlesham$138 million - Updown Court Windlesham, Surrey
Larger than either Buckingham or Hampton Court palace, this 103-room home has 58 acres of gardens and woodlands, making it the idyllic English country home for those flush with cash.

Several ballrooms and grand entrance ways punctuate this house, which has a panic room, an indoor squash court, bowling alley, 50-seat cinema, helipads, space for eight limousines and a heated marble driveway.

Marble bathrooms are nice, but some would say indoor spas, jacuzzis and pools with views of the grounds are better. For more information contact Savills, Beauchamp Estates or Hamptons International.

Hala RanchAspen$135 million - Hala RanchAspen, Colo.
Until Tim Blixseth finishes constructing his $155 million Montana ski lodge, this 95-acre ranch owned by Prince Bandar bin Sultan bin Abdul Aziz, former Saudi Arabian ambassador to the U.S., is the most expensive in the country.

The Starwood Ranch estate boasts a 56,000-square-foot mansion with 15 bedrooms and 16 baths.

The estate features several smaller buildings, stables, a tennis court and an indoor swimming pool.

$125 million - Maison de L'AmitiePalm Beach, Fla.
In 2004, Donald Trump bought former health care executive Abe Gosman's palace, Maison de L'Amitie, center, at a bankruptcy auction for $41.25 million.

With the refurbished version--complete with ballroom, conservatory and 475 feet of oceanfront--Trump is confident the property will move. If the water is too rough on the beach, the property has a 100-foot swimming pool surrounded by gardens.

http://www.forbes.com/2007/02/21/homes-expensive-world-forbeslife-cx_mw_0222mostexpensivehomes_slide1_2.html

Tuesday, February 19, 2008

Fastest-Growing Metros in USA

Austin No. 1: Austin, Texas
Why It's Booming: The self-proclaimed "Live Music Capital of the World" is booming, thanks in large part to Austin's high-tech industry (key employers include Dell, IBM and Apple) and the University of Texas, which provides the area with a steady stream of engineering talent. Its' population is expected to grow nearly 15% by 2012.

Cape Coral No. 2: Cape Coral - Ft. Myers, Fla.
Why It's Booming: According to the most recent U.S. Census information, Cape Coral was the fourth fastest growing U.S. city with a population of more than 100,000. By 2012, average personal income of its residents is expected to grow by 6.9% annually.

Atlanta No. 3: Atlanta, Ga.
Why It's Booming: The Atlanta metro area is a job magnet that epitomizes the economic boom of the Southeast. Companies with headquarters there include Coca-Cola, CNN and UPS. It's also got the country's busiest airport for passenger traffic. Atlanta's population has doubled in the last 20 years; by 2012, it's expected to grow another 11%.

Seattle No. 4: Seattle, Wash.
Why It's Booming: Two words: Boeing and Microsoft. With employers like these in the metro area, it's difficult not to grow. The area also has the fifth largest concentration of biotech companies in the U.S.

San Francisco No.5: San Francisco, Calif.
Why It's Booming: San Francisco's growth factors are obvious: It's the financial capital of the West, it's a major U.S. tourist destination, it has a thriving downtown area and its proximity to major universities ensures that it has a steady stream of sharp young minds.

http://money.aol.com/forbes/realestate/fastest-growing-metros

Sunday, February 17, 2008

Youngest Billionaires

Nothing beats being young and rich. Here are the world's 10 youngest billionaires. They include a former Enron oil trader, a German prince and China's richest woman. The youngest of all is 23-year-old Facebook founder Mark Zuckerberg, who is quite possibly the world's youngest self-made billionaire ever.

John Arnold, U.S.
Age
34, $1.5 billion, self-made
Source: hedge funds
Residence: Houston, Texas , United States, North America
Industry: Investments
Education: Vanderbilt University, Bachelor of Arts / Science
Raised by a lawyer dad and accountant mom, Arnold whizzed through Vanderbilt University in three years. He became an oil trader for Enron, supposedly earning $750 million for the company in 2001, when he was just 27. He went into business for himself after Enron collapsed a year later. Today he runs hedge fund Centaurus Energy.

Xiaofeng Peng, China
Age 33 , $2.5 billion, self-made
Source: solar energy
Residence: Xinyu , China, Asia & Australia
Industry: Energy
Education: Jiangxi Foreign Trade School, Diploma
Beijing University, Master of Business Administration

It's easy being green for Peng. The relative youngster got into solar energy only in 2005. Two years later, he took his company, LDK Solar, which makes silicon wafers used in solar panels, public on NYSE Euronext.
Started out with a trading company that blossomed into a family-run company that made safety products such as gloves and employed 12,000. He considered adding Chinese-made solar panels to his export wares when he realized that no Chinese company was producing wafers, a key component for solar cells that makes up 25% of their cost. In 2005 Peng began pouring $30 million of his own money and $80 million of venture financing into building factories in his native Jiangxi Province. Now nicknamed Light, this solar energy newcomer took his solar energy company, LDK Solar, onto Nasdaq in 2007. Has been a turbulent ride; dropped in October after an accounting officer who quit firm publicly alleged that LDK inflated inventory figures of a key raw material, polysilicon; The company and Peng have denied the allegations. Stock recovered but then dropped again.

Shivinder Singh, India
Age: 32, $2.5 billion, inherited
Residence: Dehli , India, Asia & Australia
Industry: Pharmaceuticals
Singh and his older brother Malvinder, 35, both Duke University grads, inherited control of generic drug maker Ranbaxy Laboratories. We list the duo as sharing a $2.5 billion fortune because they won't break out the ownership details for us. What we know: Malvinder heads Ranbaxy, while Shivinder runs hospital chain Fortis Healthcare, which went public in 2007.

Begumhan Dogan Faralyali, Turkey
Age: 31, $1 billion, inherited
Residence: Istanbul , Turkey, Middle East & Africa
Industry: Media/Entertainment
Education: London School of Economics, Bachelor of Arts / Science Stanford University, Master of Business Administration

A daughter of billionaires, Dogan Faralyali began her career as an Arthur Andersen consultant in New York and later advised Europe's leading media and technology companies. She joined the family media business in Turkey by establishing the corporate communications department of Dogan Holding and became its president.

Aymin Hariri, Saudi Arabia
Age 29 , $2.3 billion, inherited
Residence: Riyadh , Saudi Arabia, Middle East & Africa
Industry: Technology
Education: Georgetown University, Bachelor of Arts / Science
The son of slain Lebanese Prime Minister Rafik Hariri, Aymin is now based in Riyadh and helps watch over family construction and investment company Saudi Oger for older brother Saad, the Lebanese parliamentary majority leader. Plus, he has hands in U.S. government contracting: co-founded and chairs identity management software company Epok, based outside Washington, D.C., which sells to federal and state customers.

Fahd Hariri, Lebanon
Age 27 , $2.3 billion, inherited
Residence: Paris , France, Europe & Russia
Industry: Diversified
Aymin's younger brother, Fahd, serves on board of Beirut's Future Television Network, a terrestrial and satellite TV network. He also runs a fledgling design studio for furniture and other wares in Paris, where sister Hind, also a billionaire, and mother live.

Yang Huiyan, China
Age 26, $7.4 billion, inherited
Residence: Shunde , China, Asia & Australia
Industry: Real Estate
Education: Ohio State University, Bachelor of Arts / Science
China's richest person is also one of the world's youngest billionaires and a daddy's girl. Yang earned her degree from Ohio State University in 2005, the same year her father, Yeung Kwok Keung, the media-shy chief of real estate outfit Country Garden, transferred his stake in the company to her (not a bad graduation gift). Gold-diggers, beware: She's already married; her wedding video is posted on YouTube.

Albert von Thurn und Taxis, Germany
Age: 24 , $2.3 billion, inherited
Net Worth: $2.3 bil
Residence: Regensburg , Germany, Europe & Russia
Industry: Diversified
The German prince appeared briefly on our billionaires list at age 8, but he officially inherited his fortune on his 18th birthday. Lives in a family castle with his mother and older sister. Race car driver, tours with an Italian auto-racing league.

Hind Hariri, Lebanon
Age 24, $1.1 billion, inherited
Residence: Beirut , Lebanon, Middle East & Africa
Industry: Diversified
Youngest child of slain Lebanese Prime Minister Rafik Hariri (see brothers Bahaa, Saad, Fahd and Ayman) inherited stake in family's construction, banking and media holdings. Graduated in 2006 from the Lebanese American University in Beirut. Sticks close by mother Nazek in Paris, where she attracted attention during recent fashion shows. Confessed to fashion rag Women's Wear Daily: "Couture is for when I am representing my family. I'm more into pret-a-porter." At 24, one of the world's youngest billionaires.

Mark Zuckerberg, U.S.
Age 23, $1.5 billion, self-made
Source: Facebook
Residence: Palo Alto, California , United States, North America
Industry: Technology
Education: Harvard University, Drop Out

Tech's newest golden boy founded addictive social networking site Facebook in February 2004 from his Harvard dorm room. Left school for Silicon Valley later that year; scored initial $500,000 investment from PayPal cofounder Peter Thiel. Venture firms soon swooned, among them Accel Partners and Greylock Partners. Today Facebook boasts 66 million active users. Estimated annual sales: $150 million. Expanding beyond being a college-only message system and photo album; now courting users to 55,000 different high school, business and city networks. Problems with privacy: installed "News Feed" in 2006; program automatically alerted users' friends to changes they made to their profiles. Outcry over privacy concerns led company to backpedal; Zuckerberg issued apology. Similar controversy ensued after release of Facebook Beacon late last year; program automatically alerted friends of activities on selected outside sites, including eBay and Fandango. Microsoft bought 1.6% stake for $240 million last October; deal led many to suggest the company is worth $15 billion. Some analysts—and even a few Facebook investors—suggest the company's value is far lower.

http://www.forbes.com/2008/03/05/youngest-billionaires-rich-billionaires08-cx_lk_0305youngest_slide.html?partner=links

Friday, February 15, 2008

Top 10 Up-And-Coming Tech Cities

Where will the next Silicon Valley spring up? Philip Auerswald, professor of public policy at George Mason University, knows where to look. He surveyed regional innovation trends across the U.S. and cobbled a list of up-and-coming tech centers. Auerswald concentrated on specific pockets of science--including advanced materials, nano-crystals and quantum dots, polymers and plastics, micro-systems and cell microbiology--that most experts consider today's most promising frontiers of innovation.

He then looked for important relationships among patents within each one. The most important patents are generally referenced by other inventors in the field when they file for their own patents; lesser patents garner fewer citations. The greater the increase in the number of important patents in a given city, the higher it ranked on Auerswald's list. The results may surprise you.

No. 1 - Columbus, Ohio
ColumbusIn 1997, the Battelle Memorial Institute, Ohio's largest research center, based in Columbus, managed a single lab for the U.S. Department of Energy with an annual budget of $1 billion. A decade later, Battelle oversees seven major laboratories for different federal agencies; budget: $4 billion in research funds annually. The institute has become a force in almost every area of emerging technology, especially life sciences and energy research. One of its children, Velocys, is working on a way to cut the cost of capturing the 3 trillion cubic feet of the world's stranded natural gas by converting it into easily transportable liquid.

No. 2 - Santa Fe, N.M.
Santa FeSanta Fe has plenty of dirt roads. It also has major federal laboratoriesmore within a 100 mile radius than any other city on this list, including Los Alamos Laboratory, the birthplace of nuclear fission and the atomic bomb, and Sandia National Laboratories, a leading solar-energy research center. A growing number of wind and solar energy start-ups have popped up in Santa Fe and Albuquerque, N.M. Blue Energy USA, for example, has created a 6-foot-tall wind turbine in the shape of a spiral helix. The turbines use solar energy cells that allow them to convert both solar and wind energy simultaneously and can be used for residential use.

No. 3 - Palm Beach County, Fla.
Palm BeachThe playground of the rich is also becoming a haven for cutting edge biotech and life-science research. Both the Scripps Research Institute (the world's largest private biomedical research center, headquartered in Southern California) and the Max Planck Institute (Germany's leading life sciences center) are building facilities there. In 2006, BioCatalyst International, a major investor in biotechnology start-ups led by Genzyme co-founder Sheridan Snyder, opened a new office in West Palm Beach to get the first shot at the hottest new prospects.

No. 4 - Houston, Texas
HoustonIf you want a 10-gallon disruptive technology, smash different discoveries together. To wit: Houston's itRobotics, founded in 2002, has developed new cost-cutting robots that inspect a variety of boilers and energy pipelines for structural flaws. Other Houston start-ups are commercializing technologies originally developed at local research institutions. Nanospectra Biosciences, a local drug delivery company, is working on a nano-scale particle (pioneered at Rice University) that destroys cancerous tumors. The particles are injected in the bloodstream and accumulate inside cancerous tumors. When the tumor is exposed to a laser, the particles absorb the near-infrared light and convert it into thermal energy, destroying the tumor.

No. 5 - Milwaukee-Waukesha, Wis.
MilwaukeeGlobalization and poor training may have gutted America's manufacturing base, but stalwart metal-bender Milwaukee is not backing down. Rather than just crank out widgets, local companies are attacking bottlenecks in the manufacturing process itself. For example, Rockwell Automation makes snazzy sensors and controls that boost assembly-line productivity. Johnson Controls, inventor of the thermostat in 1885, has produced energy-efficient heating, air-conditioning and lighting systems running throughout 1 billion square feet of commercial real estate. Chief Executive Stephen Roell plans to expand Johnson's workforce 35%, to 190,000 employees, in the next three to four years.

No. 6 - Pittsburgh, Pa.
PittsburghResuscitated after decades of economic malaise, the old steel town has become an innovative force in such areas as health care, biomedical technology, nuclear energy and robotics. A big help: Carnegie Mellon University's Robotics Institute is making great strides in robot development. The school's Collaborative Innovation Center, funded by Pittsburgh and the state government, has also helped entice stalwarts like Intel and Apple to build labs in the area.

No. 7 - Boise City, Idaho
Boise CitySince the 1970s, chip maker Micron Technology and computer giant Hewlett-Packard, along with the Idaho National Laboratory, had buoyed Boise's technology sector. But now there are new faces. In 2006, Idaho ranked seventh nationally in the percentage increase in venture capital investments and 11th in concentration of high-tech workers. One home-grown start-up, Quantum Point Technologies, provides a suite of information-technology management services to agencies at the U.S. Department of the Interior and regional businesses like Washington Trust Bank.

No. 8 - Iowa City, Iowa
Iowa CityThere's more than corn in Iowa. Like Asoyia. Founded in 2004 by group of 25 farmers, this biotechnology company commercialized a new strain of soybean developed at Iowa State University. Asoyia's soybean is genetically designed to produce trans-fat-free oils. Iowa City is also a hotbed of new technologies in health care and renewable energy. BFC Gas & Electric can generate enough electricity from solid waste in nearby Cedar Rapids to light up 4,000 homes. Fueling the effort: new venture capital and private equity firms that target renewable energy start-ups. Likewise, the government-backed Grow Iowa Values Fund puts up $2 million a year to support the University of Iowa's Centers for Enterprise.

No. 9 - Lake Charles, La.
Lake CharlesSoaring oil profits in recent years have pumped life into Lake Charles' economy. The city's port is the 12th largest in the U.S. and a leading center for offshore drilling and extraction technologies used on platforms around the world. CITGO, ConocoPhillips and other players in the energy industry have expanded operations in Lake Charles, rapidly making the port city a key choke point in America's energy distribution network. The region already boasts one liquefied natural gas facility, and three more are under construction. When those come online in a few years, as much as a quarter of all natural gas used in the U.S. will flow through Lake Charles, estimates the Southwestern Louisiana Chamber of Commerce.

No. 10 - Yuma, Ariz.
YumaThis small desert town in southern Arizona has more prisons than patent lawyers. The local chamber of commerce fishes for new business by hyping the tourist flow from Mexico and heavy highway traffic. So what's Yuma got? The U.S. armed forces. The Department of Defense runs a testing facility, U.S. Yuma Proving Ground, near the city of Yuma that spans over 1,300 square miles of desert terrain. As the primary U.S. site for desert warfare research, Yuma is now the third-fastest-growing metropolitan area in the country, according to its Web site.And where the military goes, so does tomorrow's top technology.

http://www.forbes.com/2008/03/10/columbus-milwaukee-houston-ent-tech-cx_wp_0310smallbizoutlooktechcity_slide.html?thisSpeed=20000

Thursday, February 14, 2008

Protect Your Brand With SEO Research

In today's competitive environment, many advertisers resort to using competitor trademark names as keywords in paid-search advertising. These trademark names appear in the search engine results pages for Google, Yahoo! and affiliates and partners when you buy Google AdWords or Overture Precision Match sponsored listings. Therefore, it's possible for your competitors to drive substantial traffic to their web sites by virtue of your trademark name, using your reputation to attract visitors.

A fine example of this is the sticky situation with Google AdWords. In an Internetnews.com article titled "Google Adwords Under Further Trademark Scrutiny," Google was quoted thusly:

"As stated in our Terms and Conditions, advertisers are responsible for the keywords and ad text that they choose to use. We encourage trademark owners to resolve their disputes directly with our advertisers, particularly because the advertisers may have similar advertisements on other sites."

I can certainly understand Google's position. Can you imagine what would happen if it were forced to reverse its policy allowing advertisers to buy keywords containing trademark terms belonging to others? This would severely impact Google's revenue, and no doubt would require exhaustive efforts on their part to prevent such activities from occurring.

It's interesting to note that originally, Google AdWords did not sell trademarked keywords. However, it currently sells trademarked keywords in the U.S. and Canada (but not internationally) with the proviso that the trademark name can't be used in the ad copy itself.

The Best Defense is an Offense

Is there any way to protect yourself from competitors raiding your trademark? One way is to hire an SEO vendor to help identify your competitors and then research their search engine advertising activities. Your legal department can subsequently use the SEO research data to protect your trademark and reputation. This step will prove invaluable toward defending your future and ongoing business.

Most often, it will be the smaller, "wannabe" companies riding on your coat tails by using your trademark terms as keywords in their advertising. These companies will generally avoid the threat of legal action upon receipt of a cease and desist letter. Not only are you protecting your name and reputation, you are crushing the competitors that you don't want representing your firm.

Building Your Marketing Network

Another benefit of mining this competitor data is to assist those whom you do want to benefit from using your trademark name. For instance, you may have affiliates, resellers, and a number of associates with whom you can negotiate on a recurring basis. These are the folks you trust with your trademark and reputation -- your friends and family marketing network. There's something in it for you when they profit from your success.

Knowing who is using your trademark in keyword search advertising or in the body text of their web site has a directly positive effect on managing your brand, your trademark, and your reputation. Make sure your SEO vendor covers this critical marketing aspect for your online success.

A Word of Caution

It goes without saying that you don't want to use trademark names other than your own in keyword phrases. Profiting from the use of another company's trademark or brand without relevance or permission is unacceptable and could even result in legal action against you.

Reviewing the above information on trademark term research while interviewing SEO vendors will help you to identify those vendors who provide added value to your search engine marketing and optimization campaign.

Paul J. Bruemmer is founder of trademarkSEO. His articles have appeared in numerous publications, including ClickZ, MarketingProfs, Marketing Today, WebProNews, SitePoint, SEO Today, SEO Consultants, MarcommWise, Pandia, B2B Interactive and Search Engine Guide. TrademarkSEO is a search engine optimization firm based in Santa Ynez Valley, California and serves clients nationwide. His company provided search submission services to over 10,000 websites, including many of the most prominent names in American business.

http://www.seonews.net/articles/article48.php

Wednesday, February 13, 2008

World's Top Executive Recruiters

The Most Influential Headhunters

Ulrich F. AckermannUlrich F. Ackermann [Managing partner, board member - 11 Years]
Transearch International Deutschland
Sector specialization: Consumer goods, financial services, IT and professional services, auto industry, board services
Job function specialization: C-suite, consulting firm partners
Companies I often recruit for: Adidas; JPMorgan Chase; IBM; PricewaterhouseCoopers
Languages: German, English, French, Italian

Ignacio Bao [Chairman, Signium International - 12 Years]Ignacio Bao
Signium International
Sector specialization: Investment banking, private banking, private equity, law practice, consulting
Job function specialization: Board directors, CEOs, law/consulting senior partners, CFOs, senior bankers
Companies I often recruit for: BBVA; Santander; PricewaterhouseCoopers; A.T. Kearney; Ernst & Young
Languages: Spanish, English, Portuguese

Robert L. BensonRobert L. Benson [Chairman, Slayton Search Partners - 25 Years]
Slayton Search Partners
Sector specialization: Board consulting; Financial services: insurance, banking, investment management; Industrial: power generation
Job function specialization: Board directors, CEOs, marketing, HR, business development/strategy
Companies I often recruit for: General Electric; ACE Ltd.; UNUM; Shawmut Bank; Prudential Life
Languages: English, Survival German, French

Dennis CareyDennis Carey [Senior client partner, Korn/Ferry International - 20 Years]
Korn/Ferry International
Sector specialization: All industries and sectors
Job function specialization: Board directors, CEOs, senior executives
Companies I often recruit for: Tyco; 3M; Northrop Grumman; GlaxoSmithKline; Sprint Nextel/Embarq
Languages: English
The global business trend: Public policy on trade issues and the global flow and cost of capital.

Jim CitrinJim Citrin [Senior director, Spencer Stuart - 14 Years]
Spencer Stuart
Sector specialization: Technology, communications and media; hotels; private equity, financial services
Job function specialization: CEOs, CFOs, board directors
Companies I often recruit for: Yahoo!, Microsoft, Eastman Kodak, Starwood Hotels
Languages: English

Christopher John ClarkeChristopher John Clarke [President, CEO, Boyden World]
Boyden World
Sector specialization: Executive search
Job function specialization: Board effectiveness, executive search
Companies I often recruit for: Boyden World
Languages: English
The global business trend: The rise of China and India. They have one-third of the world’s population and are growing to dominance in the world economy over the next 50 years.

Michael JamesMichael James "Jim" Conroy [Chairman, founding partner, Conroy Ross Partners]
Conroy Ross Partners
Sector specialization: Energy, nonprofit, financial
Job function specialization: Board directors, executives, CFOs, marketing, business development
Companies I often recruit for: Nexen; Burlington/ConocoPhillips; Western Oil Sands; Plains Marketing; Verenex
Languages: English
The global business trend: The overall globalization of all streams of business will continue to present many different challenges. The increasing cost of diminishing energy sources and the increasing focus on the environment will be major influencers of future corporate performance.

http://images.businessweek.com/ss/08/02/0204_headhunters/index_01.htm?chan=rss_topSlideShows_ssi_5

Friday, February 8, 2008

Amazon Leads Tech Stocks Higher

A $1 billion share buyback boosted Amazon.com shares Friday and drew investors into technology shares for a second day.

After plunging 5% in the first three days of the week on slowdown fears, the Nasdaq has gained more than 2% off Thursday's low despite a warning from Cisco that the slowdown is real.

But investors have begun to see signs of value in the sector, driven in part by Microsoft's nearly $45 billion bid for Yahoo. Shares of both companies edged higher Friday on reports that Yahoo's board is meeting to consider its options.

Amazon was another sign of value, up nearly 4% after the company said it will buy back shares and part of its debt too. Former sector leaders that have been battered in recent months, like Research In Motion, Apple and Google, also caught a bid today. With the Federal Reserve and Congress working feverishly to stimulate the economy, investors may be betting that the downturn will be short-lived.

CNET gained 8% on reports that Google may be weighing a stake in the company.

McAfee, Cognizant and Adept Technology gained on their results, and HP recovered much of Thursday's 4% drop on a Goldman Sachs downgrade.

Alcatel-Lucent was off 4% after beating sales estimates but warning of a first-quarter loss and halting its dividend, as the company's troubles have been compounded by a slowing economy. Real Networks fell 5% on its results, and Aruba Networks tumbled 36% on a warning.

AMD fell 4% on reports that Dell may use fewer chips from the company.

Micron lost 6% following its analyst day.

Blue chip stocks, meanwhile, sagged on concerns that a bailout of bond insurers has yet to materialize.

The Nasdaq rose 11 to 2304, the S&P lost 5 to 1331, and the Dow fell 65 to 12,182. Volume declined to 3.75 billion shares on the NYSE, and 2.27 billion on the Nasdaq. Decliners led by a 19-13 margin on the NYSE, and 17-12 on the Nasdaq. Upside volume was 34% on the NYSE, and 65% on the Nasdaq. New highs-new lows were 31-97 on the NYSE, and 46-129 on the Nasdaq.

http://www.internetnews.com/bus-news/article.php/3727021/Amazon+Leads+Tech+Stocks+Higher.htm

Wednesday, February 6, 2008

World War 3.0: Google battles Microsoft

It might not be all-out war -- yet -- but the battle lines between Google and Microsoft are certainly being drawn in the wake of the software giant's bid to buy Yahoo. According to a report in The New York Times, Google has been hard at work readying its financial, political and legal resources for what could be the fight of the digital age.

Already Google has made overtures to Yahoo, hoping to find a way for the slumping internet giant to remain free from Microsoft's clutches. But at the same time, Google has ramped up its lobbying machine, trying to convince lawmakers to step in and kill any potential deal. If that's the case, it could be payback for Microsoft, which worked feverishly to delay Google's $3.1 billion purchase of DoubleClick.

While the precise nature of the looming battle will depend on Yahoo's decision to accept or reject Microsoft's bid, the prospect of an all-out battle for ownership of the digital ad industry appears to be a reality.

http://www.imediaconnection.com/news/18253.asp

Friday, February 1, 2008

A Buyers' Market at eBay

New CEO outlines spate of changes to improve buying experience and quality of sellers at online marketplace.

Caveat emptor? Not on Donahoe's watch!

Speaking at eBay's third annual e-Commerce Forum in Washington, D.C., newly minted President and CEO John Donahoe outlined a series of sweeping changes to eBay's fee structures, seller rankings and feedback mechanisms that will take effect in the coming months.

In this morning's keynote address to some 200 of eBay's top sellers, Donahoe followed up on the promise he made during last week's earnings call to move aggressively to improve the buying experience on eBay.

"Today, buyers expect a very high level of value, selection and convenience," he said. "Given these heightened expectations, eBay is in a crossroads."

"We can no longer afford to make incremental changes to meet our customers' needs," he added. "We need to redo our playbook, and we need to do it fast."

That new playbook includes pricing adjustments and several new mechanisms that tilt the marketplace in favor of honest sellers who work to improve the quality of the buying experience.

A poor shopping experience, marked by inaccurate product descriptions or excessive shipping fees or delays, deters a buyer from returning to shop at any part of eBay's site, not just from dealing with a single dishonest seller, Donahoe said.

Beginning Feb. 20, eBay will lower the insertion fees that sellers pay to list merchandise through fixed-price sales and in eBay stores. The goal is to reduce upfront risk. However, eBay will balance the revenue equation by increasing the final value fees it collects following a sale.

The new structure is designed to align fees with performance. The fees that sellers pay will be more closely tied to how much they actually sell, rather than how much inventory they display.

Final value fees will increase according to a tiered schedule, eBay said.

For sales up to $25, the fee will jump from 5.25 percent to 8.75 percent; for sales up to $1,000, the fee on the first $25 will increase to the same 8.75 percent, with the fee for the remaining balance ($25.01 to $1,000) moving up from 3.25 percent to 3.5 percent.

Those same rates will apply to sales of more than $1,000, while the final value fee for the amount exceeding $1,001.01 will hold steady at 1.5 percent.

After a five-week promotion, eBay will permanently eliminate fees basic Gallery photo-based listings, an announcement that drew cheers from the audience. In addition, eBay will introduce a tiered pricing structure for Featured Plus listings, reducing the lowest level from $19.95 to $9.95.

Donahoe said he expects upfront fees for some sellers to drop by as much as 50 percent.

As it restructures the marketplace to reward quality sellers, eBay will begin putting much more importance behind the Detailed Seller Ratings (DSR) it rolled out last year.

eBay will reward Power Sellers with consistently high DSRs by reducing the final value fees by 5 percent or 15 percent, depending on the seller's score.

Power Sellers enjoy a favorable presence in the eBay marketplace, and the designation is a tacit endorsement by the company. Starting in July, however, sellers will need to earn a minimum DSR score to retain their Power Seller status, Donahoe said.

Bill Cobb, eBay's outgoing North America president, expounded on the specifics of eBay's changes -- including adjustments coming to the search algorithm.

Beginning in March, eBay will skew the algorithm to boost exposure for sellers with the highest DSR rankings, effectively marginalizing sellers who mistreat their customers.

The Best Match criterion will become the default sorting method, and sellers with the highest DSRs for the past 30 days can expect to climb to the top of the search rankings.

"Looking ahead, DSRs are going to be playing an even more important role in eBay," Cobb said, after acknowledging that some sellers had expressed objections to the ratings system.

While eBay is amplifying the voice of its buyers, it is taking steps to limit the public feedback sellers can give.

Beginning in May, sellers will only be able to leave positive feedback about buyers. The move comes in address of the growing problem of retaliatory feedback that has been scaring many buyers away.

Cobb said that sellers leave retaliatory feedback about buyers at a rate eight times higher than the rate buyers do about sellers.

For sellers, he also outlined some seller-friendly tools eBay plans to roll out later this year. Those include increased back-end monitoring of suspect buyers, as well as a new dashboard that will provide sellers with the same information about their transactions that eBay's customer support staff sees.

Additionally, sellers will no longer need to authenticate a shipping address through PayPal, and eBay will start rewarding sellers who transact with repeat customers.

Today's address came as a call to eBay's sellers to ratchet up their standards for customer service. In the old days, when eBay first appeared, it was enough just to drive traffic to an e-commerce site, Donahoe said. That was 1995. On today's Web, buyers have options.

"As strong as we are today, the world is changing around us," he said. "Sometimes you have to be willing to throw out the playbook.

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