Once upon a time, in the 1990s and 2000s, the web and the internet were new and everything was going to be different forever. The web formed its own special exception to just about everything humanity had faced before. Personal relationships, private identity, and communication styles were all different “in cyberspace.” Logically, this also suggested the demise of the usual principles of business and economics.What else could one conclude when, in the 2000s, a tiny blog could outdo an established media outlet? When startups seemed to come from nowhere, gain millions of users overnight, and make their founders and employees wealthier than old-school tycoons? The man who described the mood was author John Perry Barlow, who in the 1990s implored those interested in cyberspace to “imagine a
Global information and communication technology companies such as Google, Facebook and Amazon may soon be required to pay value-added tax on a wider range of their earnings in South Korea, as lawmakers have introduced a new bill to bring changes on this end.Led by Rep. Park Sun-sook of the minor opposition Bareunmirae Party, a group of 15 Korean lawmakers have proposed amending the Value-Added Tax Act to newly require foreign ICT firms to pay VAT on digital products such as search advertisements, cloud computing services and forms of online-to-offline services. The bill aims to ensure that globally-based ICT giants running such digital businesses in Korea -- like Google, Facebook, Amazon Web Services and Airbnb -- are held to the same tax policies affecting Korean firms in the s...
"Follow the money" is a catchphrase used to help lead you to where true power lies. And investors who follow the money will quickly learn that Amazon.com (NASDAQ:AMZN), and not Google, is quickly becoming an advertising dollar powerhouse. A recent CNBC report indicated that some advertisers are abandoning the search giant in favor of Amazon, moving more than half of their ad budget to the e-commerce leader because that's where people turn first to search for products. With Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) deriving over 80% of its revenue from advertising, Amazon's growing dominance in search could be
Apple, Amazon, and Google have been accused of infringing patents related to image and video processing in separate lawsuits filed by a Delaware-based company. Dynamic Data Technologies accused Apple of infringing 11 patents in one suit and Google and YouTube of infringing 10 in another, both filed at the US District Court for the Eastern District of Texas, Marshall Division, yesterday, November 5. The complaint against Amazon was filed at the same court on Friday, November 2, and asserts nine patents. In each suit, Dynamic explained that it owns a portfolio containing more than 1,000 patents relating to core technologies in the image and video processing field in the US, China, Europe, Germany, Japan, and “many other” territories. Dynamic said it is the owner-by-assignment of the pa
On Sunday, Armonk, New York-based IBM announced that it would be buying Raleigh, North Carolina-based Red Hat for $34 billion -- the largest acquisition in the company's 100+-year history. This seems like too much -- too late. This should have occurred 10 years ago.For me, it's a bittersweet announcement: I used to be an IBMer. I worked there from the summer of 2007 to late 2012 as an IT architect in their GTS/ITS division, primarily in their data center optimization and server consolidation practice, and also in their business continuity (BCRS) division. I was involved with a lot of Linux server virtualization and high-performance computing using systems like Red Hat, S...
Amazon, Alphabet's Growth Engines Sputter, While Spending Surges BloombergFull coverage Zoomd News
Google dominates the search market with a better than 90% share, but when it comes to actually buying something, more often than not, people begin their search on Amazon.com's (NASDAQ:AMZN) website. Data from Jumpshot shows that as recently as 2015, the Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) search engine led with 54% of all product searches beginning in its search bar, with Amazon in second at 46%. However, three years later, the positions have reversed, and now 54% start on Amazon and 46% on Google. While Amazon might be on top, there are signs that others in the space are also making headway. Image sourc...
Amazon has dethroned Google in product searches with over 54 percent of all product searches now happening on Amazon instead of Google. What this means is that brands must make Amazon SEO their priority in order to show up near the top of product searches for their related keywords. It's predicted that an entire industry is in the midst of emerging to help companies adjust their strategies similar to what happened when Google first started to dominate search a couple decades ago. Walled garden research company Jumpshot released The Competitive State of eCommerce Marketplaces Data Report earlier this month which shows Amazon's amazing eight-point rise in product searches in the last year alone. Recently, Deren Baker, Jumpshot CEO, revealed the latest results from their report in a Bloom
Amazon Launches A Site Just For Small Businesses...And Other Small Business Tech News This Week ForbesFull coverage Zoomd Reports
Amazon is partnering with Getty Images to bring image-based search results to all Echo devices with a screen.With the launch of the Echo Show and Echo Spot, Alexa can now deliver visual content as well as audio content.Amazon will tap into Getty Images library of premium content to deliver images for appropriate searches.In a press release announcing the partnership, Getty Images states:“Our premier collection of editorial, creative and archival content is a natural fit for Amazon’s Echo products, bringing best-in-class visuals to Echo users. We are honored to unite with Echo’s screen-based products and to use our deep library of content to give Alexa her best look yet.”This partnership will allow users to their Echo devices with a screen and say, “Alexa, who won best Actress at tonight