Yahoo plop
Yahoo share dropped “nearly 22 percent on Wednesday,” reports the WashPost. “The wipeout erased about $10.4 billion in shareholder wealth,” although the Q2 revenue is up 26%. (Thread Watch mumbles, ‘because they can’t keep up with pushing out more beta products like Google.’)
India blocks ISPs for security
The block on blogging sties in India is reportedly due to a government security blackout aimed at derailing “terror units (read SIMI)” by physically locating IP addresses. According to Mutiny, India asked ISPs to suspend access to blogspot, typepad, and geosites. This may clear up the lack of explanation since Sunday, but it is unofficial and meanwhile Indians are fuming.
Estimating MySpace search
Whether or not the mega social site generates proportional ad revenue, it certainly is making a dent on search referrals. An interesting Business Week article suggests MySpace search is powered by RevenueSource (the auction specualtion continues) and parses stats on MySpace’s generation of search traffic, but SEW says the numbers don’t add up. Was that 5% of search traffic on the web, .06% in the US, or 8% of Google’s search?
Post secrets
According to a new PEW study (PDF): Bloggers largely post about their personal lives (37%)—rather than general topics such as technology, politics, business or other news. Also, authors are generally young (54% under 30) and evenly divided between genders. (via Resource Shelf)
>>”The wipeout erased about $10.4 billion in shareholder wealth,” although the Q2 revenue is up 26%. (Thread Watch mumbles, ‘because they can’t keep up with pushing out more beta products like Google.’)
Are any of Google’s beta products worth one, let alone 10 billion dollars? What other GOOG product (besides Adsense) makes a noticable bump to the bottomline?
Sorry, but betas do not equal $$$.
THERE MAY HAVE BEEN A MISUNDERSTANDING among those ISPs and the Indian Gov’t ……Here is an update:
siliconbeat.com/entries/2006/07/20/indian_govenrment_on_blockade_it_wasnt_us_might_take_action.html
Baidu, the leading search engine in China, was under storms of criticism from users and media in the second largest internet market in the world.
http://csew.blogspot.com/2006/07/baidu-leading-search-engine-in-china.html
I got to think Yahoo stock will go up; they have such a large user-base. But it is frustrating that they cannot compete with Google more for search ads. I think many of us would love Google having more real competition. It may even encourage them to give people a better split. What is taking them so long?