This is my blog where Iam going to talk about things in the tech world.
Showing posts with label google. Show all posts
Showing posts with label google. Show all posts
Friday, July 20, 2007
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.
Tuesday, June 26, 2007
Yahoo! is Making A Turnaround.
If you haven't notices Yahoo! has been making a lot of new decisions probably because they notice that Google is growing at an incredibly larger rate and Google is taking in a lot more in revenue. Jerry Yang the co-founder of Yahoo! has taken over as CEO replacing Terry Semel who reaped over $500 million in rewards when Yahoo! wasnt even doing that well. Yahoo! also is acquiring sports website Rivals.com, so as you can tell Yahoo! is going full steam ahead in hopes of better competing with rival Google.
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