More bad news from
. This morning the Gray Lady announced total revenues for the company had fallen 13.9% in November compared with a year ago. Ad revenues were down 20.9%, according to a statement.
Most worrisome: Internet revenues, long seen as the potential salvation for the company's future as more of the world's news audience migrates online, slid along with print.
Even though the company's flagship Web site, NYTimes.com, got a 10% traffic Read the rest of this entry »
Google Slows Hiring Rate, Focuses on Costs, CEO Says (Update1)
Nov. 24 (Bloomberg) --
, owner of the most
popular Internet search engine, is adding fewer employees and
focusing on controlling expenses amid the global economic slump,
Chief Executive Officer
said.
“We have slowed our hiring, but we’re still hiring,”
Schmidt said in an interview that will be aired on Bloomberg
Television at 9 p.m. New York time. “We’re still doing the Read the rest of this entry »
By EDISON D. ONG
"We now have a âhighwayâ to the world! You are no longer confined to selling to your own world," says Eric Hsu, senior manager, Yahoo! Search Marketing, Yahoo! Southeast Asia.
He adds, "Never before has there been a channel that allows you to search for anything in the world. (Internet) Search is the indispensable local and global highway."
Expressing bullishness on the future of Internet search, he reports, "Globally, Read the rest of this entry »