Baidu

Baidu has been booming in china, it has more than a 60% market share and is beating Google china in terms of usage. Baidu has a market cap. of more than $6 Billion and revenues of more than $100 Million, which is astonishing because just 2 years ago they had revenues of bearly $13 Million. Google and Yahoo! have less than 40% of the market in china and are losing market share everyday to baidu. Baidu suprisingly hasnt made any aquisitions or investments considering they have a billions of dollars worth of stock. Baidu announced plans to expand into other countries. I would expect Baidu to continue to grow at a remarkable speed.

eBay acquires StumbleUpon.

eBay NASDAQ:EBAY) has just acquired social bookmarking site stumbleupon for $75 Million. I dont understand this because Yahoo! acquired del.icio.us for only $30 Million, and del.icio.us has a far bigger market share in social bookmarking than stumbleupon. I think the main reason of the acquisition was for eBay to branch out into more services.

iPhones on eBay!

Since the highly awaited release of the iPhone some people bought them just to sell them on eBay for a huge profit, I'vv seen some go for as high as $1000 and they cost anywhere from $500-$600. This is why I said Iam waiting at least 6 months for all the hype to ware down a little.